A new face in the world of binary options brokers is 365 Binary Option.com. Owned and operated by Fintech Software, Inc, many traders have found 365 Binary Options an enjoyable trading zone.
In this review, we will look at the complete picture of 365 Binary Option. In doing so, we hope to determine if this binary options broker is legitimate or a scam. Scroll down and learn about 365 Binary Option and whether or not it is a broker you can feel safe in trading with.Visit Website
- Highly favored Techfinancials platforms
- Exceptional customer service
- Early trade closing
- No United States traders
- Only available in English and Chinese
- Not licensed
365binaryoption Deposit & Withdrawal Methods
365binaryoption Broker Information
- Company:Fintech Software, Inc.
- Incorporated:British Virgin Islands
- Minimum Deposit:$200
- Minimum Withdrawal:$100
- Minimum Trade:$25
- Demo Credits:None
- High/Low, Pairs, One Touch, Ladder, Forex
- 30 sec, 60 sec, 90 sec, 2 min, 5 min, 15 min, 30 min, 45 min, 1 hour, End Of Day
- iPhone, iPad, Android
About 365 Binary Option
365 Binary Option is relatively new on the binary options scene. Opening in 2014, 365 Binary Options is operated by Fintech Software Incorporated. The headquarters for 365 Binary Options is in London, but they are registered in the British Virgin Islands.
365 Binary Options uses the Techfinancials platform. Many traders prefer this platform, as it is easy to understand and provides the needed information that traders desire. 365 Binary Options offers a large list of investing assets. They also allow traders to close trades before the expiration if they are in, or out of the money.
As of yet, 365 Binary Options is not licensed, but hopefully they will attain a license and become regulated soon.
365 Binary Option History
There really isn’t much to say in terms of history for 365 Binary Options. In 2014, a team of highly experienced professionals in the areas of Forex options, software development, financial trading, and other areas put together the 365 Binary Option website. They have committed themselves to what they say is the best customer experience. Their company is Fintech Software Inc.
365 Binary Option Terms and Conditions
It is wise to always study all the terms and conditions before agreeing to open an account with any binary options broker. These are some of the more important terms I found at the 365 Binary Option website:
- 365 Binary Option follows the laws and regulations of the British Virgin Islands
- Traders must be 18+ years of age
- All money you deposit is guaranteed not to be gained from illegal nature
- 365 Binary Option is not responsible for any internet malfunctions
- You are responsible for reporting to your tax authorities
- 365 Binary Option has the right to record all phone calls to the system
These are just some of the terms and conditions with 365 Binary Option. Again, you need to read them all before signing up.
365 Binary Option Withdrawal and Bonus Terms
To obtain a withdrawal, you must complete a request of release of funds and return it to the company. Beforehand, you must also show proper photo identification, a bank statement or bill showing your proper address. As with all binary options brokers, 365 Binary Option has to make sure you are who you say you are.
Bonuses are only given with deposits of $300 or more. When a trader receives a bonus, they must trade a total of 40 times the amount of that bonus before being able to withdraw. So, if a trader gets a $10 bonus, they will have to make $400 in trades.
365 Binary Option Demo Account
365 Binary Option does not offer a demo account. They do offer a wide range of binary options trading educational materials. These include:
- A beginners course
- An advanced course
- Economics courses
- An eBook
- An advanced eBook
- and more
365 Binary Option Scam Watch
While 365 Binary Option is not licensed or regulated, that is no reason to assume they are a scam. It can sometimes take a long time to attain a license, and since this website was opened in 2014, we cannot assume it is a scam.
I have not found any terrible reviews or comments about devious practices by 365 Binary Option. The company seems to be quite open and transparent.
If you have traded through 365 Binary Option, we would love to hear your experience. Please share it in the comments area at the end of this review.
No, I do not think that 365 Binary Option is a scam.
365 Binary Option on Mobile
365 Binary Option has also recently released applications for both Android and Apple based mobile devices. By doing so, traders can now trade on the go.