BinaryBook is a leading binary options broker using the latest SpotOption platform. The company offers a great range of option types designed to cater for every trader’s requirements. Whether it’s currencies or commodities, stocks or indices, BinaryBook has a large range of tradable assets with attractive payouts that will satisfy even the most demanding of traders. BinaryBook also offers a unique Trend Analyser tool which calculates the tendencies of an asset’s movement in the market, and with mobile trading also supported, traders can be assured that all their trading needs are covered.Visit Website
- Excellent SpotOption trading platform
- Wide range of trade types
- Generous payouts
- 24/7 multilingual customer support
- Risk-free trades
- Tradable assets fairly limited
- Non-regulated broker
BinaryBook Deposit & Withdrawal Methods
BinaryBook Broker Information
- Minimum Deposit:
- Minimum Withdrawal:
- Minimum Trade:
- Demo Credits:
- 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
BinaryBook is a popular broker offering traders one of the best binary options trading platforms in the industry and is geared towards an exciting, user-friendly trading experience. BinaryBook offers traders the chance to successfully trade binary options whether they are a beginner or a professional trader by providing all the resources needed to trade on short, medium or long term investment goals.
BinaryBook uses the latest industry-renowned SpotOption platform, giving traders access to a variety of option types including Binary Options, Pairs, Long Term, Turbo, One Touch, Ladder and FX/CFD. There is also a SpotFollow social trading feature which allows traders to follow other traders as well as the Trend Analyser tool which uses the Relative Strength Index, Bollinger Bands and Simple Moving Average to help traders calculate the tendencies of an asset movement in the market. Mobile trading is also supported.
There are presently over 60 types of assets for traders to trade with including currencies, commodities, stocks and indices with returns averaging around 81%. With FX/CFD contracts, traders can earn up to as high as 250%.
BinaryBook’s full range of supportive tools and services have been designed to make the trading experience a rewarding and successful one. A wide range of learning materials are available for both advanced and beginner traders and include visual and interactive resources such as videos and e-books as well as in-depth tutorials and lessons. Its customer support team offers multilingual support and is on standby 24/7 to offer complete technical and administrative support to clients via email, phone and live-chat.
Opening an account with BinaryBook is simple and all a trader needs to do is go to the homepage, click on “Open Account”, fill in their personal information and submit the required identification documents. Funding methods currently include credit/debit cards and wire transfer and the minimum deposit is $250. To help cater to for its diverse client base, BinaryBook offers traders the choice of 5 different types of trading accounts including Micro, Basic, Gold, Platinum and VIP depending on their individual trading requirements.
In summary, Binarybook offers traders an impressive trading platform on a professional, easy to navigate website. There are lots of great tools and features designed to cater for beginners and advanced traders alike. The main downside of this broker is that it is not yet regulated which could perhaps put off some less experienced traders. Also, their range of tradable assets is fairly limited compared to other brokers. Nevertheless, the overall trading package offered is still very appealing.
BinaryBook was founded in 2014 and is owned by WSB Investment Ltd, West Midlands, United Kingdom. Being relatively new, BinaryBook is not yet a licenced broker.
BinaryBook Bonus Terms & Conditions
BinaryBook offers a range of bonuses and benefits to its clients, the terms and conditions of which may change without notice. All bonus programs are valid for a limited period of time and received bonus earnings are added to the trader’s account as credit and are intended for trading purposes only.
For each granted bonus credit, transactions with a total value greater than or equal to 30 times the bonus earnings are required.
Traders should be aware that if their trading account is inactive for more than 30 days the bonus will be removed from the account and returned to BinaryBook. For this reason, traders should carefully consider whether they wish to accept a bonus.
BinaryBook Withdrawal Terms & Conditions
BinaryBook aims for the fastest withdrawals possible. Prior to requesting a withdrawal, traders must provide BinaryBook with verification to ensure that funds are transferred to the rightful trader. Documents required will be a copy of valid photo ID such as a passport, proof of residence such as a utility bill and a copy of the front and back of the credit card, if used for the original deposit. There are no limits regarding the amount that can be withdrawn from a trading account but it must match a client’s trading volume.
Withdrawal charges are $50 for wire transfers and $25 including processing fees of up to $10 for credit card transactions. E-payments are charged at $25. The minimum amount that can be withdrawn is $100 for credit cards and e-wallet and $250 for wire transfers. Basically, if a trader wants to withdraw a minimum of $250 by bank wire transfer, they will have to pay an additional charge of $50 in accordance with BinaryBook’s terms and conditions.
BinaryBook Demo Account
BinaryBook does not offer a demo account.
BinaryBook Scam Watch
BinaryBook offers a great trading platform with many useful tools for traders to achieve their financial goals. Their website is very professional and simple to navigate as well as being transparent. From our research, we believe BinaryBook to be a legitimate broker offering a trading package that positions them among the leading brokers. However, BinaryBook is not regulated which will deter new traders especially as they also don’t offer a demo account. Traders who sign-up with BinaryBook and choose to accept a bonus should also be aware that it will be removed from their account if the account is inactive for more than 30 days.
BinaryBook Mobile App Review
BinaryBook has developed a free, easy-to-use mobile application for Android-enabled devices which will also be available on iOS soon, enabling traders to access its professional trading platform while on the go. With BinaryBook’s mobile trading app, traders can access real-time financial market updates and carry out online transactions in the same way as on the web-based platform.
Wherever a trader is located, BinaryBook’s app allows them to easily keep track of all their live or previously placed trades and place new ones. The mobile trading app’s intuitive touch screen design, 24/7 availability and rich asset coverage makes it ideally suited for all types of traders, from beginners to more seasoned traders alike.