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According to their site, AlphaBinary is an elite binary option and forex brokerage company based on the popular SpotOption platform. Our AlphaBinary review has analyzed all features of this brokerage company and prepared a transparent broker review with all necessary elements which are crucial before traders start to invest.
This broker is owned by AGM Markets. This broker is known for the easy-to-use trading interface, high-end technology and cutting edge trading assets. Read more about this broker in our AlphaBinary review below.
Account Feature
AlphaBinary review found that traders who decide to register with AlphaBinary have the opportunity to trade with more account types. Multiple account types offer different benefits to AlphaBinary clients. Our AlphaBinary broker review didn’t found that broker has a demo version for its clients.
AlphaBinary Delta Account
This account includes a 24/7 support and it starts with a $250 minimum deposit. Traders that decide to register with Delta account have the full access to SquareOne education academy that is equipped with various materials and guides. Delta account traders will receive daily and weekly market reviews.
AlphaBinary Gamma Account
As claimed by the AlphaBinary site, this is the most popular trading account and it starts with a $2,500 minimum deposit. Traders that register with Gamma account will have all previous trading features from Delta account. Besides that AlphaBinary Gamma clients will have the access to exclusive signals delivered by a third party provider. Our AlphaBinary review also found that Gamma account provides traders with a one-on-one training session for one week.
AlphaBinary Beta Account
AlphaBinary Betta account is the perfect choice for clients who plan to deposit more than $25,000. This account includes all previous features, and one.on-one sessions will last for one whole month.
The beta account also includes a dedicated AlphaBinary expert trader and finance officer. Our AlphaBinary review found that Beta clients have better payouts which rise up to 87%
AlphaBinary Alpha Account
The alpha account is specially tailored for clients that invest from $100,000. This trading account includes all previous features and one-on-one sessions with a financial analyst are active up to three months. Alpha clients have up to 90% payouts.
Trading Software & Assets
AlphaBinary review found this broker has integrated a popular binary options platform SpotOption. Traders have the opportunity to trade with various popular underlying assets that include all four major groups: stocks, indices, commodities and currency pairs. Our AlphaBinary review determined that traders are offered with around 50 assets which are below the binary options industry.
AlphaBinary broker offers a vast amount of option types including Classic, Pairs, Long Term, Chrono, One Touch, Ladder, and Forex.
AlphaBinary trading platform is available on a classic web-based interface and mobile app that enables trading from anywhere in the world. Traders that prefer using the AlphaBinary mobile app are allowed to manage their portfolios and execute payment transactions from the palms of their hand. The AlphaBinary mobile app is available for both Android and iOS devices and it is free for all traders. The mobile app includes 24/7 trading and access to live charts for all underlying assets.
Support Information
Our AlphaBinary review found that traders can get in touch using several customer support options. Traders can contact AlphaBinary by calling UK or Cyprus phone, sending the mail to [email protected], or by filling up a simple contact form available on AlphaBinary site. We have also found the information that AlphaBinary supports their clients with a live chat support, but we were unable to find this feature and to contact AlphaBinary agents through live chat.
AlphaBinary review found that site is available only in the English language which might represent a problem for those that are not so strong with English.
We were very pleased to note that AlphaBinary review found Squareone, an educational section which includes ultimate learning academy that will empower the knowledge of every trader. Squareone academy offers unique learning materials that are available for traders of all binary options levels. We have found that binary options academy includes various videos, daily market analysis, trading strategy guides and binary options basics.
The AlphaBinary site also features an extensive FAQ section that informs traders about security encryption, some technical information, trading platform and account information. FAQ section is neatly organized into sections for easier overview.
Banking & Company Information
As we have already mentioned at the beginning of our AlphaBinary review, this broker is operated by AGM Markets Limited with headquarters in 25 Aischilou Street, Agios Nikolaos, 3096 Limassol, Cyprus. Besides a CySEC license, our broker review reveals this broker also has ASIC license number 422662, meaning it is regulated by Australian Financial Services.
When it comes to payment options, AlphaBinary offers a vast amount of hassle free deposit and withdrawal transactions available to their clients. Minimum deposit with AlphaBinary is standard $250 and the minimum investment is $25. According to their site, all payment transactions are highly reliable and ensured by finest confidential standards. When trading with AlphaBinary, traders can choose to trade with EUR, USD or GBP currency. Once when the trading currency is chosen, it can’t be changed later.
In order to make a deposit with AlphaBinary, traders have three classic types they are welcome to choose from. The first type is depositing with credit or debit card (Visa, MasterCard, Maestro, Delta or Visa Electron).
Traders who prefer depositing with Bank Wire Transfer can also choose this payment option. AlphaBinary review found that bank wire transactions take up to 5 days which is considered to be a standard for this type of payment. Traders who prefer using E-Wallets or electronic wallets can also use this instant fund transfer method and transfer their funds immediately. AlphaBinary allows traders to deposit using CashU, Union Pay or Neteller.
AlphaBinary review found that making withdrawals is just as easy as making a deposit. Withdrawal process with AlphaBinary is one of the essential components and before a trader makes his first withdrawal request, he needs to verify his account first. In order to verify your AlphaBinary account, a trader needs to provide a valid proof of ID, residence address and a colored copy of credit card with your name, expiration date, and last four digits. After a trading account has been verified, a trader can begin withdrawing.
We haven’t found any information about AlphaBinary withdrawal fees, so make sure to check this before you withdraw your profits.