Overview

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Details

Broker99 BInary
Official Website URLwww.99binary.com
HeadquartersBlue Marine, Development LTD – 71-75, Shelton Street, London Covent Garden UK, WC2H 9J
Support Number+44 203 7690361
Support TypesLive Chat, Phone, Contact Form, E-mail
Minimum 1st Deposit$399
Minimum Trade Amount$5
BonusUp to 100%
Payout81%
Free Demo Account Open FREE Demo
Account TypesStarter, Pro, Premium, Platinum
Deposit & Withdrawal MethodsVISA, MasterCard, Maestro
Number of Assets90+
Account CurrencyUSD
Overall Score8.2/10

Full Review

99Binary made its debut in the financial trading arena in 2012. Since then, they have been constantly working to improve their trading platform, asset list, customer support service and trading features.

While we were reviewing this broker, we were quite pleased to see how easy they are to use. Our investigators found their trading platform to be simple, yet effective. They also provide a good amount of information to their clients who are looking to get started in the right direction.

99 binary website

Traders will get access to numerous benefits as they progress. Personal account managers, generous bonuses and high payouts are just some of the benefits to consider when choosing 99Binary.

Getting Started with 99Binary – Is it a Scam?

Taking a look at the specs, 99Binary offers more than 100 assets. There are several option types to choose from as well including hyper, range, high/low and one touch. The platform has been designed to facilitate smooth trading and this is the reason even beginners will find it easy to use.

Getting started is convenient as it requires completing a quick sign up form. After this, traders have to select the preferred parameters to be able to make investments. Executing a successful trade involves choosing an asset, the investment amount, the direction of the movement of price and the expiry.

Review Verdict: 99Binary is Not a Scam

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Estimated Returns

When traders are able to finish their trades ITM (in-the-money), they can expect maximum returns of about 85%. However, the actual returns depend on the assets chosen and the time at which the trade was executed. A number of factors play a role in determining the average returns on investments. Even if traders finish in OTM (out-of-the-money), traders can get at least 10% of their investments back. 99Binary is one of those few brokers that gives traders the opportunity to earn maximum profits on their investments.

Trading Platform

The trading platform used by 99Binary is powered by Panda Trading Systems. Also known as Panda TS, this software provider is quite new for this industry, but they are an old player for the forex trading world. 99Binary’s trading platform is technologically advanced and it incorporates some really amazing features.

The four different trade options that traders can choose when executing trades include one touch, range, hyper and high/low. They also have ample underlying assets for trading.

Good to Know:

99Binary also has a social trading feature. Although they are not the first broker to implement this feature, but it is an advanced tool that can help traders, especially newcomers find success in the binary options trading industry without much effort. By using this feature, traders can follow experts and copy their moves. Traders don’t have to make any trading related decisions on their own, but instead they can choose to replicate the moves of expert traders. The idea is to ensure maximum profitability and success.

Deposit and Withdrawal Methods

99binary paymentAdding deposits and making withdrawals are simple. The flexibility of these procedures make 99Binary a viable choice. The choices that traders have for deposits and withdrawals include a range of major credit/debit cards, wire transfers and several ewallet options.

To ensure the safety of the funds that are being deposited in the account or withdrawn, 99Binary has implemented a stringent verification process. This implies that traders must furnish copies of certain documents to complete the verification process. The minimum deposit amount is $200 and the minimum withdrawal amount depends on the method chosen. For wire transfer, it is $50 and for credit cards, it is $20.

Account Types and Bonuses

99Binary gives traders a choice of four different types of accounts. The first is Starter account with a deposit requirement of at least $200. The next is Pro account with a minimum deposit of $500. The third type of account that is available is Premium account and it starts with a minimum deposit of $5000. Lastly, 99Binary offers Diamond account and to set up this account, traders must deposit at least $20,000. Bonuses range from 30% to 100% depending on the level you are at.

99 binary account types

Dedicated Customer Support Service

After reviewing this broker and going through the reviews posted by real traders online, we can confirm that the broker provides efficient customer support service. The team is dedicated to helping their clients find more success in the industry.

99Binary offers support in several different languages. They want traders from across the globe to be comfortable when contacting them with their issues and questions. They provide all the extra support and comfort that their customers need. By being available 24 hours a day, 7 days a week, they take the worry out of trading and help their customers focus more on earning profits.

Testimonial

gabriel“I was laid off following a mishap at work and in a desperate attempt to find an income source, I signed up with 99Binary. Some of my colleagues were already using this broker and I had heard a lot from them. I had been considering using this broker from a long time but due to time constraints, I was never able to give them a try. My work related accident compelled me to sign up with 99Binary because I had no other options and I knew my colleagues had been making money out of it. Initially, my experience wasn’t that good, but as I learned the tricks of the trade, I began seeing profits. It’s been 6 months now and I am happy I made this decision. I have taken binary options trading as a full time income source because I have seen potential in this field and I trust my broker.”

Gabriel, 42

Our Verdict

Good_choice_stamp_top10_BR99Binary is a recommended broker because they have constantly improved the quality of their service. They have added more assets to their list, more languages and a wide range of features to make trading more comfortable and convenient.

From the past four years, they have proven that they are a reliable option for traders and online investors. Their trading platform is amazing and it won’t be incorrect to say that the broker is committed to providing a perfect trading experience.

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