BinaryOnline

 

BinaryOnline is the latest and recently established, binary options trading platform to enter the online binary trading scene. Managed by a holding company based in the Marshall Islands called Zolarex Ltd, BinaryOnline is a binary options broker that aspires to offer their traders an incomparable trading experience. The broker is committed to delivering a high level of service to their traders that is unparalleled elsewhere in the industry. Supported by a customer support team that is available on a 24/7 basis, BinaryOnline is a broker who is serious about your growth.

Trading Platform

One of the key attractions of BinaryOnline when compared to other binary options brokers in the industry is their intuitive proprietary trading platform. Besides from enabling you to trade binary options, BinaryOnline’s trading platform also enables you to conduct copy trading. This is the first binary options trading platform in the industry which comes with an integrated copy trading feature on the platform. With the copy trading feature, less experienced traders can easily emulate the trades of their more experienced counterparts.

Unique Features

Apart from the copy trading feature, another unique feature about BinaryOnline’s trading platform is the “Trader Trends” indicator. This indicator shows the percentage of traders that are bullish or bearish for the particular asset being traded. Another cool feature is rebate indicator. Most binary platform only illustrates the payout that a trader will receive if his trade closed in the money. In the case of BinaryOnline’s trading platform, traders can also see how much they will receive in terms of rebate if their trade closed out of the money.

Trade Types

With the BinaryOnline’s trading platform, traders can trade the markets in 5 different ways:

  • Classic High/Low options
  • One Touch Options
  • Range Options
  • Hyper Options

Trading Accounts

In order to cater to a diverse trading community, BinaryOnline offers 4 different types of trading accounts.

  • “Takeoff” Trading Account

Min deposit $250

25% welcome bonus

Daily Market Analysis

Regular Webinars

  • Standard Trading Account

Min deposit $2,500

50% welcome bonus

Daily market analysis

Regular Webinars

Free trading signals for 2 weeks

  • Premium Trading Account

Min deposit $10,000

75% welcome bonus

All the benefits of standard trading account

Personal Advisor

3 weeks free trading signals

10 risk free trades

Expert trader guidance

Higher Payouts

  • Elite Trading Account

Min deposit $50,000

All the benefits of premium trading account plus more

Payout Ratios

As for the return on investments, BinaryOnline offers a maximum return of up to 85%.

Asset Index

Currently, BinaryOnline have 70 different types of underlying assets available for trading. They cover all the major markets including forex, commodities, indices and stocks.

Customer Support

For customer support at BinaryOnline, traders can contact the support team 24hours a day 7 days a week, the mode of communication include email, live chat and the telephone. For the traders’ benefit, localized telephone support numbers are provided for traders based in the UK, U.S and Australia.

Pros

  • Advanced Trading Platform
  • Choices of Trading Accounts
  • Copy Trading Supported
  • Dedicated Customer Support
  • Localized Support Provided
  • Mobile Trading Available

Cons

  • Limited Educational Materials
  • Limited Number of underlying assets
  • Localized support for 3 countries only
  • Not Regulated

Conclusion

Although BinaryOnline might be a new broker, it has definitely shown itself to be capable of providing traders with the necessary infrastructure. Their trading platform is one of a kind and that itself is a key attraction of BinaryOnline. Other conveniences such as multiple choices of trading accounts and 24/7 customer support definitely helps to make BinaryOnline a more attractive broker to traders.