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BinaryDAS Broker Review

BinaryDAS Broker Review
Markus Silvester
Warning, do not trade with this broker! More info on BinaryDAS Scam. BinaryDAS defines its service trough a vision statement that sees them enabling safe, intuitive and holistic trading experience. They underpin this intention trough excellent trading technology they use in order to make trading for their customers fast and enjoyable. We really liked the... Read more
Warning, do not trade with this broker! More info on BinaryDAS Scam. BinaryDAS defines its service trough a vision statement that sees them enabling safe, intuitive and holistic trading experience. They underpin this intention trough excellent trading technology they use in order to make trading for their customers fast and enjoyable. We really liked the responsiveness of the platform to the data and vice versa. Altogether the verdict that brought this broker to the FBO list is — it's a company providing solid service and excellent trading experience which also satisfies strict fairness standards set by FBO. Find out more in our BinaryDas review.
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  1. Warning, do not trade with this broker!

    More info on BinaryDAS Scam.

    BinaryDAS defines its service trough a vision statement that sees them enabling safe, intuitive and holistic trading experience. They underpin this intention trough excellent trading technology they use in order to make trading for their customers fast and enjoyable. We really liked the responsiveness of the platform to the data and vice versa. Altogether the verdict that brought this broker to the FBO list is — it’s a company providing solid service and excellent trading experience which also satisfies strict fairness standards set by FBO. Find out more in our BinaryDas review.

  2. Conclusion:

    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!

    Between 74-89 % of retail investor accounts lose money when trading CFDs
    Your capital is at risk

  3. BinaryDAS Special features

    As noted in the introduction, one of core values of BinaryDAS is the intuitive platform. This is why their website isn’t riddled with all kinds of menus and functions, but it focuses on trading in order to provide the best experience in the core service. This means that BinaryDAS treats all it’s customers equal and they all get similar access to the features offered.

    Some of the core features are the education centre, trading software, market reviews and bonuses.

    Education centre is almost obligatory for all brokers as fierce competition brings them to offer more and more of educational services. Understanding that easiness of binary options cannot exist without enabling access to ordinary folks, BinaryDAS set up a nice learning centre consisting of e-books, interactive courses and videos.

    Bonuses are offered to new and regular customers, and are awarded individually. The fact that there is no indication of a bonus policy does sacrifice a little transparency in order to achieve user friendliness and simplicity. We believe it would be easier for the user to asses broker’s product. Huge downside is the bonus turnover requirement of 150x for the awarded amount. However it is nice to see they follow regulator’s recommendations and don’t include deposited funds into the base for calculating turnover amounts

    Market reviews haven’t been posted to the website yet. It is probably because the website is fairly new and this will certainly change as the trading platform gains consumer acceptance.

    The fact that BinaryDAS accepts US customers is a feature in itself considering various regulatory requirements to be allowed to do so. This means BinaryDAS is one of the brokers who enable access to binary option trading, to the customers residing in the world’s biggest economy.

  4. Try trading with an award-winning broker like IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs
  5. Testimonials FairForexBrokers Your capital is at risk

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  6. BinaryDAS Trading software

    Trading software with BinaryDAS is based on the newest software code that performs better than previous versions, but also offers many interesting features that are primarily user focused. Even now, when many brokers are considering to switch and upgrade their trading platforms in order to benefit their customers, BinaryDAC made the step that multiplies the possibilities for their customers. The platform is web based, modular and highly intuitive.

    Trading takes place in a modular window which can be adjusted according to trader’s wishes. There are several views to choose from. Users can switch between multi-window environments, to a single graph version where the focus lies on technical analysis.

    True value of this broker is the range of possible financial products it offers. There are ordinary high/low options, the popular 60 second options, but also high yielding and more complex products such as one touch, ladder and pairs. In addition to that, BinaryDAS also has a Forex tab where users can trade currencies in a more “old fashion” way.

    This amazing palette of products show how a simple binary options website can offer powerful set of tools for ordinary users to access financial markets. Asset index is modest and in line with the average offered. As noted, the platform offers various ways to invest and manage risk, so a wider selection is not really necessary. There are 12 currency pairs, 19 stocks, 7 commodities and 20 indices to choose from.

  7. If you want to trade with an award-winning licensed broker, we recommended using IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs

  8. BinaryDAS Support information

    Support with BinaryDAS is rather basic and unexciting. It is line with the most of the brokers out there. It does offer all the usual options to contact the company representative: email, phone and the live chat. We understand the focus on the US, but think there should be more contact phone numbers since “local phone numbers” are mentioned at some places in the website. It is probably the result, as previously mentioned, the fact that this is fairly new website.

    The support team was fast when replying to our e-mails and very informative. The FAQs section was clear and informative. We found it very helpful.

  9. Try trading with an award-winning broker like IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs

  10. BinaryDAS Payment Methods

    Banking with BinaryDAS is in line with the rest of the business standards. Due to segregated accounts, this broker offers premium safety for the funds. We already praised the fact that bonus policies don’t include funds user deposited himself.

    Depositing is possible trough bank wire transfer or via credit cards. Unfortunately, there are no indication that BinaryDAS accepts net-wallet or similar services such as Skrill/Moneybookers which may be a drawback for some customers. Following credit cards are accepted: Visa, Delta, MasterCard, Diners, Visa Electron, Maestro, Maestro UK (Switch) and Solo.

    Wire transfer will be suitable for users who prefer to transfer large sums directly, however, using bank wire might add additional costs as the $25 fee that BinaryDAS charges for this kind of transfers. Maximum transfer via credit card is $5000, while wire is practically unlimited when it comes to amount of money to be sent or collected. There is also Western Union option, which has a $10,000 limit.

    Minimum deposit amount is set at $200 (or EUR/GBP) or JPY 20,000. Minimum withdrawal is $100. We find this somewhat high considering the withdrawals requirements are sinking as new services take over the market and make banking cheaper.

    We found out in our BinaryDas review that the company behind the BinaryDAS binary brokerage firm is Forinas Corporation.

  11. Conclusion:

    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!

    • FREE $10,000 demo account
    • Award-winning trading platform
    • Licensed and regulated broker

    Trade with an
    award-winning broker
    like IQ Option

     

     

    Between 74-89 % of retail investor accounts lose money when trading CFDs
    12. Your capital is at risk

BinaryDAS articles

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