Binary Brokerz is one of the few binary options brokers to adopt the highly advanced TradeSmarter trading platform. Binary Brokerz is very popular with traders as their platform allows them to be in control of their trades as well as supporting social trading. Traders looking for a personal touch and higher than average returns will be attracted by this broker although it is, as yet, unlicenced.Visit Website
- Advanced TradeSmarter platform
- Social trading supported
- Payouts up to 92%
- Sophisticated StrategiX trading mode
- Individual guidance
- Limited FAQ section
- Non-regulated broker
Binary Brokerz Deposit & Withdrawal Methods
Binary Brokerz Broker Information
- Minimum Deposit:
- Minimum Withdrawal:
- Returns: 92%
- 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
About Binary Brokerz
About Binary Brokerz
Binary Brokerz is a fairly new binary options broker offering traders an innovative and personalised approach. It has set out to provide all its traders with the professional guidance, tools and education needed to master binary options trading. Traders across the world have found its one-on-one guidance and dedicated personal broker service invaluable for helping to improve their profit potential as well as reducing their risk exposure within the market.
Binary Brokerz uses the cutting-edge TradeSmarter binary options trading platform where traders have access to a variety of trade types. These include High/Low, 60 Seconds and StrategiX which is technically a combination of Touch and Boundary options and gives traders the opportunity to choose between four predictive levels. Binary Brokerz also provides its traders with a unique Social Trading feature allowing them to access the financial markets by observing the actions of other traders. Traders may then choose to duplicate the trading strategies of their peers and is a great way for beginners to learn and develop strategies that will help them succeed in binary options trading. Payouts offered by Binary Brokerz are high and above the industry average of up to 92%.
Traders wishing to open an account with Binary Brokerz will find an extensive list of 150 assets on offer including currencies, commodities, stocks and indices. There are four account types to choose from; Basic, Silver, Gold and Platinum. A Basic account can be opened with a minimum deposit of $250 and there are a variety of funding methods including credit card, wire transfer and e-wallet options such as Skrill and CashU. The minimum trade amount per position is $25.
In terms of education, Binary Brokerz education centre provides a range of on-demand video lessons in over 25 languages covering everything from market analysis and fundamentals to lessons on the psychology of trading and advanced trading strategies. Its customer service team is also on hand around the clock to deal with any enquiries by phone, live chat or email.
Overall, there are some attractive features on Binary Brokerz platform. Its TradeSmarter platform gives traders the scope to control their trades and their professional touch is ideal for those who may need individual guidance to get started or improve their trading skills. Binary Brokerz has established a good foundation for becoming one of the key players in the binary options industry although there are several aspects which need improving on such as the website navigation and the inclusion of a comprehensive FAQ list.
Binary Brokerz History
Binary Brokerz is a team of professional, performance-proven brokers with distinct skill sets who understand the intricacies of the financial markets as well as the needs of their clients. Headquartered in London, Binary Brokerz was founded in 2014 and is owned by DSMG Ltd, London, England. Binary Brokerz does not yet have a CySEC licence.
Binary Brokerz Bonus Terms & Conditions
Binary Brokerz offers a range of attractive bonuses and reward features to its new and regular clients which constitute part of its promotions program. All bonuses are subject to the company’s terms and conditions. In order to withdraw a bonus, traders will be asked to perform a trading volume of at least 30 times for each $1 bonus. All bonuses can only be withdrawn when this stipulation has been fully met.
Binary Brokerz Withdrawal Terms & Conditions
In order to make a withdrawal, Binary Brokerz finance department requires proof of identity such as a notarised copy of a passport or other means of identity verification such as proof or address and a copy of the credit card used to make the initial deposit.
There are no fees relating to withdrawals by credit card, but any withdrawal by wire transfer will be charged $25. When a withdrawal request is submitted, it may take Binary Brokerz up to 3 business days to process the transaction and a further 5 to 7 days before the funds appear in a trader’s account. Withdrawal of funds is distributed to traders using the same transaction method used to make the original deposit.
Binary Brokerz Demo Account
It is always recommended that a trader utilises a broker’s demo account in order to familiarise themselves with the platform, learn new strategies or to carry out a few practice trades. Traders will be pleased to learn that Binary Brokerz offers all traders the use of a demo account after an account has been opened and an initial amount of $250 has been deposited.
Binary Brokerz Scam Watch
As Binary Brokerz are relatively new to the market, they have a short track record so it is too early to say if they are a scam. Although their website is not the best out there in terms of navigation, most aspects have been covered except for FAQs which are somewhat limited and leave many potential trader queries unanswered. There is also no reference to customer service hours so all in all, some improvements need to be made on the site. Binary Brokerz platform is a good one but as they also happen to be unlicenced, we would suggest choosing another broker at this point in time.
Binary Brokerz Mobile App Review
Binary Brokerz is currently developing mobile apps for both iOS and Android in order to facilitate trading on the go. The apps are expected shortly and will be available from the respective app stores.