Binary Brokerz Review
BinaryBrokerz is becoming more and more popular binary options broker among traders worldwide and especially in Europe. Since its foundation in 2014, the broker is constantly expanding their business into different area and getting new customers day by day.00000
Broker Name: Binary Brokerz
Return/Refund: up to 85% Return and 0 to 10% Refund
US Traders Accepted: No
Number of Assets: over 80
Demo Account: Yes
Deposit Options: Credit Cards, Wire Transfer, Skrill, Neteller, Webmoney and many more.
Language: English, Nedelands, Deutsch and Arabic
Minimum Deposit: $250
The platform is geared toward comprehensively binary options trading, and so traders can gain up to 85% in a matter of minutes. Binary Brokerz’s trading platform is powered by TradeSmarter, which offers a variety of trading instruments. Traders need to simply select the desired asset, click Put or Call, Select the amount to invest and click Trade.
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.
BinaryBrokers also offer a mobile trading application for maximum binary options experience on the go
They have about 80 assets
- Standard binary options – these are the familiar to the entire audience Above and Below options, as well as the special Put/Call options
- 60 second options – for faster results and great profits
- 15 minutes binary options for average expiry time lovers
- Ladder options for advancing progress in the field
- Touch options with great payout ratio
- No touch binary options
- High/Low: This is the traditional Call/Put option with payouts of 85%. You simply predict the direction of the price of the underlying asset.
- Sixty Seconds: The sixty second option gives traders the opportunity to turn profits by the minute, and the payout is quite high as well at 85%.
- StrategiX: This technically a combination of touch and boundary options which give traders an opportunity to choose amongst four predictive levels.
Traders can predict whether a trade will trade above or below two levels (up and beneath the current market price within a given time), or whether the price would remain range bound without touching the two levels for a potential 318% and 125% payout respectively.
Also, traders can also predict whether the price will touch or fail to touch a particular level for a potential 154% and 21% payout, respectively.
The payouts also depend on the type of asset and the prevailing market price and are determined by the broker. Sometimes the payout could be higher or lower than the listed percentages.
The customer service team at BinaryBrokerz is considered by many to be the broker’s crowning glory. BinaryBrokerz is staffed by real binary option trading experts and on-call and emails 24 hours a day in several languages and it is a genuinely impressive customer care package. You will get the quick solution to your problems at BinaryBrokerz. On the other hand, traders who usually spend more time on the phone will find a benefit because BinaryBrokerz has a very user-friendly mobile platform.
Binary Brokerz has opened up several avenues for traders to deposit money in their trading accounts.
Traders can do this via three broad ways, which include wire transfer, Credit/Debit cards (Visa, Visa Electron, MasterCard, Maestro, and American Express), and Electronic payments (Skrill, CashU, iDeal, WebMoney, and Neteller, among others)
The minimum deposit is $250 and the minimum trade amount per position is $25.
The two main withdrawal methods at Binary Brokerz are bank wire and credit/debit card. Withdrawal via credit/debit card is not charged, but any withdrawal done via bank transfer attracts a fee of $25 per withdrawal.
Additionally, traders cannot withdraw their bonus unless they achieve 30 times of the bonus figure worth of trading volume. Therefore for every $1 bonus, a trader must achieve $30 worth of trading volume.
Also all withdrawals are subject to identity/physical address verification by submitting various documents.
There are various account types and deposit methods are available on BinaryBrokerz.
- Basic: This account type represents the lowest deposit amount required for traders to begin trading which is $250. The highest deposit in for this type of account is $999.
The package also comes with a demo account of $1,000, an eBook, access to Daily Market Reviews and five basic personal educational lessons.
However, with this type of account you do not receive the risk free rate and there is no personal broker privilege.
- Silver: This account type attracts initial deposit of $1000-$2,499.
Traders also get to enjoy the benefits received by silver account holders, but in this case, the bonus comes at 45% while there are 10 standard educational lessons.
- Gold: This is the most popular account type and requires a deposit of $2,500 to $9,999.
Furthermore, traders receive 20 advanced educational lessons along with the other benefits received by Silver account holders.
- Platinum: This account type comes with amazing benefits including a private call for notifications on possible high impact announcements, as well as, a dedicated chief broker as compared to junior broker for Silver and Senior broker for Gold accounts.
The demo account has $50,000 worth of trading amount. The traders also receive 50 premier educational lessons along with the other benefits received by gold account holders.
Binary Brokerz offers the “Risk O-meter”, which is really an amazing tool allowing traders to customize and control their risk, meaning you can lower the payout and losing amount. For an instance, your will receive 80% payout when risk is 100% and 60% payout for 70% risk. Besides that surprising tool, you will also get a personal experienced broker to guide you. In addition, traders are eligible for a ‘Free demo account’ if they make a minimal deposit.
Other interesting and unique features about BInaryBrokerz’s trading platform include the availability of multiple choices of trading charts such as Social Chart, Line Chart and Candlestick Chart. These charts are useful since they provide traders with alternative perspectives about market conditions.
- Free signals
- Quick Withdraws
- Social Trading Supported
- Sophisticated StrategiX trading mode
- Support Mobile Trading
- Demo When Deposit
- Incomplete FAQ
BinaryBrokerz is becoming more respectable in the industry and we are not surprised by that. In fact, their business policy is based on expert knowledge and providing helpful guidelines to their customers to make them successful in their trading life. BinaryBrokerz platform is modern, their deposit and withdrawal processes are very effective and time savvy. In other conclusion, BinaryBrokerz is a well-balanced broker company and they are improving day by day.
Novice traders can trade with smaller deposits and can learn trading strategies while experienced customer can get expert suggestions from the BinaryBrokerz Expert Team.