Founded by binary option professionals in 2016, BinaryOnline seems to be guided by the willingness to offer a modern and first class trading experience to its traders. They do this by combining an excellent trading platform with an unparalleled level of customer service. We have no doubts that, in the near future, they will evolve to become one of the leading brokers in the industry. We will review the tools and trading features they offer.
The first impression is certainly a good one. Binaryonline´s trading platform is intuitive and makes use of the latest design technologies. The platform also makes it abundantly obvious that the team behind it has a profound knowledge of the landscape of the binary option industry. For example, it has everything you need for a good and sustainable trading experience. This includes price graphs, strategy advisor functionalities and customer support services. The platform is hosted by Spotoption and makes it possible for traders to trade over 200 assets.
BinaryOnline also allows traders to access the financial markets with a comprehensive collection of 10 trading tools that suit different investment styles and financial goals. The tools are:
The trading tools have different specifications including minimum investment amounts, expiry times and potential payout percentages. They are also suited to trade different assets although some tools, like Classic Binary Options,can be used to trade all four asset classes including Currencies, Commodities, Indices and Stocks. The trading platform also displays, in real-time, how the different assets are moving and you can use features like Bollinger Bands and RSI to better inform your trades.
One tool worth a special mention at this point is TradeReplica. TradeReplica is the latest addition to the list of trading tools offered by the binary option broker BinaryOnline. It allows traders to earn returns by simply following a top trader on the platform and replicating their trades on your own account. This minimises the need for traders to conduct extensive market analysis and compare dozens of assets to identify trading opportunities. With this tool, you can simply look for a top performing trader and use their wisdom to generate returns.
With this trading tool, you can also choose to follow as many traders as you’d like with a single click. When you follow a trader, note that all their currently open and future positions will be copied onto your account including losing trades. For this reason, choose a trader with a good success rate and an investment style that matches your own. You can also stop following a trader at any point in time, highlighting the fact that TradeReplica allows traders to retain full control over their account.
To help traders get acquainted with the landscape of binary option trading, BinaryOnline actually has an extensive collection of educational materials on the website. The section is called the Traders Arena and it has information on everything from the common pitfalls of trading to strategies for beginner, intermediate and advanced traders.
Binaryonline requires a minimum deposit amount of $250. You can make your deposit using a credit card, a debit card, a wire transfer, Neteller, and Skrill.
You will be credited with a 100% bonus on your first deposit or you can speak with your account manager for more information on other bonuses that are suitable for your trading needs.
When requesting a withdrawal from Binaryonline, you are required to send identifiction documents along with your deposit so that when you make a withdrawal the process will be quicker. Identification documents consist of a copy of the credit card that you have used to make the deposit, a government issued photo id, and a copy of a bank statement or a utility bill that provides your name and your address.
In order to make trades at Binaryonline you will need to be eighteen years old or older. The minimum deposit amount for an account on the site is $250. Once you have created an account there are several deposit methods available. Some of the deposit methods available on the site include credit cards, debit cards, wire transfers, as well as many online banking options.
Minimum Deposit : $250
Minimum Trade Size : $25
In the money : 92%
Out of the Money : Up to 25%
Bonuses : Up to 100%