Binarytradeplus has two different trading platforms available, one web-based and another through mobile app. Their trading platform is simple and user-friendly, as they are mainly interested in appearing easy for the absolute beginner.
Binarytradeplus Web-Based Platform
As the name suggests, the Binarytradeplus web-based platform can be accessed directly through your web browser simply by logging into your account. Trading on a web-based platform therefore only requires an internet connection and absolutely no downloads or installations on your PC or laptop. This is a great solution for traders that do not wish to make their computers “heavier” by downloading such trading software.
Binarytradeplus Mobile App
Traders can find the Binarytradeplus mobile app on the Google Play store, as well as the Apple Store – which means the app is available for both Android and IOS devices. Mobile trading apps are a perfect solution for investors to trade on-the-go, which means anytime or anywhere. Whether you are running an errand or on your way to work, mobile trading apps allow you to quickly check your open trades and open a potential trade instantly.
Assets and Trading Conditions
The assets investors can trade through the Binarytradeplus platform are binary options, forex and CFDs from the most popular markets which include stocks, commodities, currencies and indices. You cannot trade cryptocurrencies with Binarytradeplus.
They offer the following attractive trading conditions:
- Tight spreads
- Default leverage of 1:50 (which they claim may be increased upon request)
- Zero margins
- Multiple instruments and a range of expiries
- High returns on successful binary trades
A solid and extensive education center is a must for all reputable brokers. It is essential that all new traders be fully aware of the trading process, basic terms and most importantly, the risks involved. Regulated brokers do not even allow users to register and invest before they answer some basic trading questions.
Binarytradeplus claims to have education resources available in the form of videos, trading courses and eBooks. However, these training tools were nowhere to be found. This is another huge red flag when it comes to Binarytradeplus, because once again, they are lying about features they do not have attempting to appear legitimate in the eyes of potential investors.