Binary.com is a broker who claims to be a credible and reputable company. But does Binary.com give you secure trading or it is a Scam?

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Binary.com has a low rate in Google Trends (as you can see on the graph below) and there is a lack of information on the Internet. This definitely lowers down Binary.com’s credibility as a binary brand which is also below the standards required by most of the traders.

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Binary.com Review

Binary.com has been developed from the tradition of online gaming websites and it claims to be a very old company in the binary business industry. The company presents itself with the capability of offering unique trading systems and assets to the customers.

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Established in the year 1999, the company is owned by the Regent Markets group and it has been focused on enhancing the share on the lucrative trading market. Being one of the oldest binary platforms, the features provided by the company seems to be really good, but we have just started collecting information regarding the broker, so we cannot assure you that all the features will be really legitimate.

Binary.com Demo

The broker offers a demo account which incorporates the traders with the necessary ideas and experiences for trading in a real time binary account with money. You shall be able to select a wide range of assets within the demo accounts also along with the stock and commodities. But considering the reputation and establishment of the company, these features are nothing new and can be availed in a lot of other brokers as well. The above mentioned benefits and features seem to be okay but a lot more is expected from such an experienced company.

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Is Binary.com a Scam?

There is not any prominent evidence that the company is a complete scam. The UP/DOWN and RED/BLACK are very similar on the user interface of other websites. Trading involves a lot more than just betting. Though it does not hide the name of the governing company but we still do not have enough information to declare the company as non scam. We recommend to sign up with a broker that has proven to be safe and reliable.

Binary.com Promotions

Considering the special features, Binary.com offers a rise and fall contract on the market sectors. For instance, it offers the Global REIT Index, Sugar Index, Global Infrastructure, Aerospace Index and Coffee Index. The traders are allowed to trade over 50 different market Indexes which will be really useful. But at the same time, the company does not offer any rollover or double feature and being such an experienced company, the unavailability or double feature makes it doubtful for us whether you can invest your money without worrying about anything. The features are unique but it is better to consider it well before you make any deposit.

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Binary.com Withdrawal Process

It is not a problem getting your money into Binary.com because of the huge availability of the deposit methods. It supports all type of credit/debit cards, Moneybookers, CashU, eWallets and wire transfers. The minimum deposit is $5 and it accepts currencies like USD, GBP or EUR. Considering the withdrawal process, it takes almost 3 to 5 days to process the withdrawals. So, from the above information, it can be said that the company does not have any unique features when it comes to deposits and withdrawals.

Traders’ Complaints About Binary.com

We are looking out for complaints and still there is no direct indication of the failure of Binary.com, but we do have noticed some reports depicting the “average” withdrawal process and unavailability of the live chat features. The customer care service of the company is also not upto the mark and it has been stated by a lot of traders that they are not available for a lot of times in case of any emergency. We do not know how true these claims are, so you need to be alert before investing a huge amount of money.

Conclusion

During our full investigation we checked all the services and features that Binary.com provides its traders. We outlined the most important information about Binary.com in this review and the general conclusion is that there are more reliable brokers than Binary.com with better reputation and higher overall score. Although there is no hard evidence that Binary.com is scam, we can neither confirm its safety nor legitimacy.

We strongly advise you to Proceed to Safety – with the highest reputation binary options broker, which was selected on the basis of the best performance results during our independent testing.

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