Binary Online Review: BinaryOnline is a binary options broker owned and operated Zola Ltd, with an address at 14 Tsar Osvoboditel Blvd. 1000 Sofia Bulgaria.
Table of Contents
Binary Online Trading Platform
Binary platforms are the interface where the trading on assets such as commodities, currencies, stocks or indices are done. A good binary options platform should have charting tools and indicators, it should also be easy to use and very fast in executing trades. BinaryOnline broker uses the SpotOption platform, it has a huge range of assets to trade on. The binary options type offered by this platform are the Regular binary, 60sec, Long Term, Ladder, One touch, Limits and pairs, they also offer Forex and CFD trading.
Withdrawal and Deposit Method
Binary Online withdrawal and deposit methods could be carried out by the following means: Visa, Bank Wire transfer, MasterCard. BinaryOnline minimum deposit is $250.
License and Regulation
Binary Online is NOT a licensed broker. This means there are no regulatory bodies that monitors their activities to ensure they stick to best practices. Complaints about these unlicensed brokers are withdrawal issues(not being able to withdraw your money) and since they are unlicensed and unregulated, no regulatory bodies can fight for you, so you are left helpless. This is a source of major concern.
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