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BinaryBrokerz believe that every binary options trader needs to have a good trading service in order to achieve results in trading binary options. Binary BrokerZ review aimed to see if the personal experience offered by BinaryBrokerz holds. Also in the review we paid attention to the standard set of indicators we usually test.
BinaryBrokerz have several binary options loyalty programs that are tailored to different clients. As always in FBO reviews, we will also present these account types in BinaryBrokerz review.
Silver Account
Gold Account
Platinum Account
BinaryBrokerz educational section offers many video tutorials, market insights and other helpful data. BinaryBrokerz review of the TOCs shows this broker has a required trading volume of x30, in case a bonus is accepted. Not only it requires the bonus sum to be traded 30 times, but the deposited amount as well. Such conditions are very unfriendly towards traders. Other than that, there is no clear explanation on how the volume is calculated or what are the withdrawal possibilities.
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BinaryBrokerz review enabled us a glimpse into the advanced trading platform this broker uses. It is provided by TraderSoft, a prime platform developer for binary options. Some of the advantages are mainly derived from the fact that the platform uses all the available space in the browser and feels very professional. It enables trading with High/Low options, Touch options, Turbo options, Long Term expiries, Boundary options, Tunnel trade and Option on demand.
Tunnel is the real innovation here. It enables traders to trade with options that feature several strike prices -s the asset takes out each strike price, a payout is won. This trading type requires trader to be aware of the direction as well as the range of the movement. BinaryBrokerz review also posed us for another surprise – social trading. We are certain this new trend in binary options will catch on and it is nice to see these features with BinaryBrokers. Essentially with BinaryBrokerz social trading, clients can follow good traders and copy their trades to improve their results.
BinaryBrokers also offer a mobile trading application for maximum binary options experience on the go. BinaryBrokerz asset list includes about 30 assets, with 7 stocks, 11 indices, 5 commodities and 8 currencies. While this is low, considering the amount of binary options types, it will be more than enough to put together a decent portfolio.
If you want to trade with an award-winning licensed broker, we recommended using IQ Option
BinaryBrokerz has a customer service that can be reached via phone, e-mail, web form and live chat from their website. While all traders will get some sort of broker support, we take it that customer service will mostly be concentrated on technical questions. FAQs won’t be of much help since there are only few general info on binary options. we hope BinaryBrokerz will up the game in this area and improve it for the next BinaryBrokerz review we do.
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As many other binary options brokers, BinaryBrokerz uses advanced SSL encryption to secure traders and their transactions. ID policy is followed so only traders can control their accounts. Depositing methods our BinaryBrokerz corespondent claimed this broker supports are Visa, MasterCard, Maestro, Visa Electron, Bank Wire, Skrill Moneybookers, CashU, WebMoney, Neteller. Net wallets are however not listed on the website.
Minimum deposit is $250 while minimum withdrawal is only $25. Processing takes from 2-5 business days.
However, it is important to mention the fact that withdrawal conditions are extremely vague, especially when it comes to users who accepted the bonus. It is not mentioned what part of the traded sum can be withdrawn, and what requires turnover. Also, there is no good explanation on how the volume is calculated. All this leaves a lot of space for manipulation. The customer support was convincing us that the deposit can be withdrawn at any time, but T&C never states such information.
We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!
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