Binary options are prohibited in the European Economic Area. 83% of retail investor accounts lose money when trading CFDs.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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BuyerBank Broker Review

  1. BuyerBank is binary options broker offering payouts of up to 89%. Choose from 4 account types and make use of their proprietary trading platform offering a variety of almost 70 assets.

    Continue reading to find out more about this broker’s unique features.

  2. This broker provides 4 account types, catering for traders of different levels.

    • Silver Account – this is the standard account type with a minimum deposit of $250. Traders who opt for this account will receive an immediate bonus of 20%, personalised training, full trading tools, daily forex signals and a personal debit card.
    • Gold Account – minimum deposit of $1000. Receive an immediate bonus 40%. Includes all features of the Silver account as well as higher payouts of up to 83%.
    • Platinum Account – minimum deposit of $10,000. Receive an immediate bonus 80%. Includes higher payouts of up to 85% as well as insurance recovery and the services of a personal expert broker.
    • VIP Account – requires a deposit of $25,000 or over. Receive an immediate bonus 100%. Includes all the perks of lower account types as well as higher payouts up to 92% and 3 VIP transactions.

    Unfortunately, we did not find any mention of a demo account feature anywhere on the website which is a shame as this is usually a great way for traders to test the platform with virtual funds before investing their own money.

    The broker also claims to offer a welcome bonus of 100% to all new members on their first deposit.

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

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

    Become an IQ Option trader today

    Join IQ Option and become a trading master! IQ Option is a world-famous regulated broker that takes your trading to the next level. It allows you to trade forex, crypto, stocks, options and much more on its award-winning platform. The best part? You can start trading with a minimum deposit of ONLY $10! Read our IQ Option review.

  5. BuyerBank uses a proprietary trading platform which they claim will provide payouts of up to 81% for standard account types.

    The platform comprises a simple layout and seems user-friendly and easy to navigate. It offers a vast array of almost 70 assets, featuring the most popular currencies, stocks, commodities and indices.

    There are 5 option types available for trading; Digital, long-term, turbo, one touch and range options.

    BuyerBank features some unique trading tools which traders can take advantage of to improve their game; the Trade Expert function, for example, allows traders to choose a strategy and scan the market for profitable opportunities available using this strategy.

    The trading platform is also accessible from mobile devices with all the same features as the desktop platform so traders have the opportunity to trade on the go.

  6. 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

  7. BuyerBank provides phone support for 4 localities; London, Sydney, Toronto and Tokyo.

    Traders may also get in touch with the broker by filling out and submitting a form in the Contact Us section.

    We were pleased to discover that the broker also provides live chat feature. However, this quickly changed when we decided to make contact; the support agent took a long time to reply and when she eventually did, it was only to ask for our email address or account number. She did not provide answers to any of the questions we asked and simply ignored us. We found this to be completely unprofessional.

    The absence of an FAQ section did not improve our impression of this broker; this section is usually helpful for new traders to figure out what the broker has to offer and how to navigate the platform.

    The site does provide an Education Centre where it claims to provide a series of useful resources such as seminars by market experts and video tutorials, but we were unable to access it without making a deposit to our account.

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

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

  9. When it comes to payment methods, BuyerBank accepts all major credit cards (Visa, Mastercard, Maestro, Delta, Switch, Solo) as well as the option of bank wire transfer (Moneybookers, Neteller, PayPal). They promise ‘fast and easy withdrawals’ but do not provide further details about withdrawal fees and processing fees.

    Unfortunately, we were disappointed to find that the website does not display any kind of information regarding the company behind the broker and when we contacted support we received no reply.

    There is no regulatory status to be found so we have to assume that BuyerBank is an unregulated broker operating without a valid license.

    We would recommend all traders to make smart trading decisions and always choose a regulated broker to trade binary options with.

  10. 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
    11. Your capital is at risk

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