BinaryGlobes is regulated by CySEC, wich gives traders the feeling of safety. CySEC is the EU compliant regulatory body based on Cyprus. They were the first ones to regulate binary options and thus have enabled traders from all over Europe to have first-class customer protection guarantee. BinaryGlobes is one of their regulated entities expanding the MIFID protection to all the traders in the EU. Traders get segregated account and take part in the Investors compensation fund that guarantees their safety. BinaryGlobes review indicated that regulation is the most important feature of this broker. Being a regulated broker, BinaryGlobes doesn’t accept US customers but gives all other customers safe and unique trading experience. Minimum deposit with this broker is $100.
Our BinaryGlobe Review showed that users can choose between 5 different account types.
Standard Account has $250 minimum deposit and up to 81% payout. Since this account type is meant for beginners in trading, it offers the introduction to technical and fundamental analysis, and economic calendar. Every month traders get one free withdrawal.
Silver Account is created for traders who already have some experience in binary options trading. Minimum deposit is $1000 and BinaryGlobe promises up to 81% payout and one free withdrawal a month. All traders who opt for this account get basic technical and fundamental analysis, daily market review and basic economic calendar that help them be part of profitable trades. Basic money management is provided as well.
Gold Account can be open with $10,000 deposit. This account promises 81% payouts and one free withdrawal per month, just like the first two accounts, but there are some additional benefits. Traders can use the advanced technical and fundamental analysis, daily market review, chart patterns, trading strategies and basic money management. In our BinaryGlobe review, we noticed that the larger the deposit the more additional educational features trader has available.
Platinum Account is for more experienced traders. Minimum deposit is $20,000, but there is also an 87% payout. The best feature of this account is that all withdrawals are free and, besides all privileges available with Gold Account, there are many additional educational features such as risk management and a webinar. Traders get free signals and can experience live trading if they want to.
Platinum Plus Account can be defined as the professional account. Minimum deposit is extremely high, $50,000+, but there is 87% payout. Other than features offered in Platinum Account, Platinum Plus gives traders possibility to learn about traders psychology and there are traders journal and traders plan available. It enables advanced risk management seminar and private webinar, as well.
All traders get access to an e-book, and there is educational web center as well. The Educational center offers free literature, videos and courses that are suitable for beginner and experienced traders but keep in mind that the availability strongly depends on the account type. They also offer Islamic Account upon request but keep in mind that there are some strict Terms and conditions that apply, such as adding commission or turn it back to ordinary account if they suspect the trader is misusing their trust.
Our BinaryGlobes broker review showed that this broker does offer bonuses to its traders, but with extremely high turnover requested (x60) and the fact that it must be achieved during 60 days, think twice before accepting the bonus. Unfortunatley, we must state that the entire bonus policy is not very clear and terms for withdrawing profits are very high.
