As noted in the introduction, the trading interface of Binary.com is proprietary and offers unseen range of different products and underlying assets. Users can use the additional charting features of the website to analyze the pricing possibilities for each option before selling or buying. This means that users draw the technical prowess from the website while enjoying a wide range of trading opportunities.
There are five basic types of binary options offered with Binary.com. Users choose between Rise/Fall, where the bet is about the direction of the security related to the starting price; Higher/Lower binary options where traders aim to see if the price will end lower or higher than a price target; Touch/No touch options are the traditional OneTouch binary options and Boundary options. Users also have Stays In/Out or Ends In/Out binary options at their disposal.These are advanced Range options. Tick Trades are super fast short term trades we used the most during the Binary.com review.
Recently, Binary.com also introduced the flexible Asian & Digits running on the Random idea. Actually here one doesn’t count the pips but rather bets on the last digit on the expiry time. While this is interesting, it shows the influences of gaming industry with Binary.com. There is also the Sell Option function enabling users to reduce risks by exiting position before expiry. We didn’t test this one while writing the Binary.com review, but since it is becoming a standard feature with most of the brokers, we are confident it is very useful.
As our readers can read in our Binary.com review, the opportunities seem endless. All these options have two possible positions and the platform offers both positions transparently on the side. Performance can be compared and users can then decide. The platform is in essence very simple, but the advanced charting tools make it powerful for advanced traders, while the tools won’t get in a way of newcomers who may not have all the knowledge yet. For them, Binary.com has also set up a possibility of a demo/virtual account, which is a great feature we decided to skip during the Binary.com review since we wanted to focus on the banking too.
Binary.com offers a great deal of assets to trade. There are three commodities, but more can be found as indexes in the Sectors sections, which is another innovation. In addition to that there are also some mart forex pairs. In our Binary.com review we managed to trade only a portion of these, but nonetheless, the choice is huge!
Binary.com Auto Trading
The new BinaryBot is created for traders who are interested in automated trading and creating their own binary options trading robots. Binary.com BinaryBot review will provide traders with valuable insight into all features available with this auto trading software.
How to use BinaryBot?
BinaryBot by Binary.com is based on jigsaws that we all played with as kids. Instead of creating a picture, traders are creating their own perfect auto trading robot. All they have to do is simply use the ‘drag’n’drop’ technique with their mouse.
Depending on the approach, the robot can be more or less complicated. Binary.com Binary Bot review showed how this auto trading software can be interesting for both beginners and advanced traders. Traders who believe they created a good auto trading robot can also sell it in Binary.com and get 80% of the sales revenue. This motivates traders to be more innovative and precise while building their BinaryBot.
Binary.com BinaryBot Features
Once the traders enter the building interface they will find a menu on the left side that is showing important categories in building the Binary.com BinaryBot. In the moment of writing this review, there were several categories:
Every category offers several customization auto trading solutions. Traders can create their own loops, conditions, define variables, and in the end, create a good and reliable robot for automated trading. In order to finish Binary.com BinaryBot, traders have to:
- Define the contract
- Define things to do before the contract is made
- Define things to do while trading is in progress
- Define things to do after the trading is finished
All robots can also be saved in XML file and edited later, so traders don’t have to rush
Binary.com BinaryBot Price
The great news is that Binary.com BinaryBot is completely free of charge. Traders can build any robot they like, but in order to use it or sell it, they have to be Binary.com clients. Also, this robot can be used only for trading on Binary.com and not with other brokers which can be a bit limiting from trader’s point of view.