BinaryOnline Overview
Website: https://www.binaryonline.com
Tel: +44 203 026 5665
Minimum Deposit: €250
Minimum Trade Amount: €5
Maximum Per Option: €5,000
Return Rate: 70-85%
Bonuses: up to 50%

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BinaryOnline Review

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Impressions are important

BinaryOnline is an amalgamation of knowledge and experience, aiming to provide excellent customer service to traders. This broker offers a composed trading platform, making use of latest trading technologies with Panda Trading Systems. First glance at this broker’s website shows a very well organised platform.  Put together by some professionals of binary options, this is a modern and top-notch trading platform, easing the journey of traders towards trading binary options. BinaryOnline is on its way to becoming a leading broker in the binary options industry.

Trading Software

The trading platform of BinaryOnline is assembled in the most appropriate way with the real intention of creating a useful platform so that traders do not miss out on trading opportunities. The trading platform has everything in place and hence easing traders’ path towards trading. They offer to trade all the 4 assets available in binary options, which are currencies, commodities, indices and stocks. Traders are eligible to choose from 4 range of trading tools known as High/Low, One-touch, Range and Hyper.

On the trading platform, traders can view the payout they can get, choose their preferable asset, look out for actual and current market price.

If traders, especially newbies are interested to know how other traders are performing, they can view the best trades of BinaryOnline on the trading platform. Interestingly, they can also opt to follow those traders and copy their trades to get more successful trades, known as Copy Traders tool. Other special trading tools are also available in the name of Mobile trading and Social trading.

Account types & Deposit methods

BinaryOnline offers 3 account types which are subject to different types of deposit amounts. The different account types consist of Take Off, Most Popular and Premium account types. Deposit amount with Take Off is only $250, while with the Standard account option traders need to deposit $2500. Premium account requires a deposit of $10,000 and another special feature offered for elite traders is an Elite Account type in which deposit amount starts from $50,000. Deposit is allowed through different payment methods such as the E-wallet, wire transfer and credit or debit card.

Tradable assets

Offering 100 assets to trade with, BinaryOnline assets are distributed into four main categories which are:
• Currencies
• Commodities
• Indices
• Stocks

Bonuses

A 25% welcome bonus is obtained upon selecting the TakeOff account type while with the Standard account type 50% welcome bonus is offered. Upon opting for a Premium Account type, 75% welcome bonus can be secured. Another special bonus feature that BinaryOnline offers is the bonus funds included in traders’ accounts when they are out-of-the-money.

Customer Support

Binary Online support is accessible through phone, email and live chat. No matter where you are from or to which timezone you belong, the support team makes it a must to reply all traders and customers. Available on a 24/7 basis, BinaryOnline is here to cater for all the trading needs of traders around the world.

The Final Word

BinaryOnline is new but innovative and promising. This binary options broker has much more to offer than just a trading experience. It has invested its energy into getting the tidbits of binary options on one platform which is definitely going to set it apart from other brokers in the future. The effort behind educating traders instead of just urging them to trade is commendable and the group of binary options professionals who put up this platform know very well what they are doing. They are professionals indeed.

BinaryOnline Pros & Cons

Pros
  • Excellent customer support
  • Withdrawing funds is simple
  • Leading trading technology
Cons
  • No US traders permitted
  • Few tradeable assets.
  • Minimal language support