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BinaryOnline
Traders Rating1 Vote0.55
Website: https://www.binaryonline.com
Address: The Apex, 2 Sheriffs Orchard, Coventry, West Midlands, CV1 3PP City of Sofia 1000, ul. Pirotska No 2 fl. 4, Apt. office 12
Phone: +35924964205 02030260222 02038083770 02030265665 02039174107 020808911
Email: support@binaryonline.com finance@binaryonline.com compliance@binaryonline.co
Company: Zola Ltd and Zolarex Ltd
Company Address: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH 96960
Regulation: Not Regulated
0.1
BinaryOnline Rating
BinaryOnline Warning
Financial Conduct Authority (FCA) warns against this BinaryOnline!
Have You Been Scammed by BinaryOnline?

 

 

Warning

 

The British Columbia Securities Commission (BCSC) in Canada has issued a warning against BinaryOnline for “selling” services it cannot actually provide as described on its website.

  get_help_experts

 

Background

 

Established in 2016, BinaryOnline is an online forex and digital options brokerage. It is owned and operated by Zola Ltd., D located at 14 Tsar Osvoboditel Blvd., 1000 Sofia, Bulgaria. Its UK phone number is +44 203 026 5665. The contact email addresses are support@binaryonline.com and compliance@binaryonline.com.

BinaryOnline claims to have 800,000 customers in more than 100 countries around the world who have made more than 7,656,000 trades. More than 500 affiliate partners are associated with the company.

 

Platform

 

BinaryOnline employs the full-featured version of the new Spot5 premium trading system, which supports multiple types of binary options and CFD trading.

Investors can choose from a variety of assets, including forex, commodities, stocks, and indices.

The software also allows traders to access the financial markets with a comprehensive collection of 10 trading tools that suit different investment styles and financial goals. These tools have different specifications, including minimum investment amounts, expiry times and potential payout percentages.

They are also suited to trade different assets, although some, like Classic Binary Options, can be used to trade all four asset categories. The trading platform also displays, in real-time, how the different assets are moving. Features such as Bollinger Bands and RSI can be used to better inform trades.

Data is kept secure through a robust combination of firewall and encryption technologies. The website has HTTPS and SSL certification and complies with PCI security standards.

A mobile version of the BinaryOnline platform is also available, as is a mobile app.

The website is only available in English. Islamic accounts are available.

 

Trading Conditions

 

BinaryOnline offers four different account types:

 

  • TakeOff Account, the most popular, for deposits between $250 and $2,499
  • Standard Account, for deposits between $2,500 and $9,999
  • Premium Account, for deposits between $10,000 and $49,999
  • Elite, presumably for deposits of $50,000 and above, for which details are available only by inquiry

 

Each account type features its own features and benefits.

BinaryOnline provide traders with 223 different underlying assets, divided into five categories. These include eight cryptocurrencies, 24 paired asset, 29 forex pairs, 18 commodities, 42 indices, and 102 stocks.

A different welcome bonus is provided to each type of account: For the Takeoff, the welcome bonus is up to 25%. For the Standard account, it is 50%. Premium account holders receive the highest bonus, which is 75%.

All the accounts mentioned offer generous bonuses but the terms regulating the bonus amount leaves room for speculation and manipulation. Once the bonus is credited to the account, for example, traders need to meet a volume requirement of at least 90 times or above when trading digital options. Withdrawal requests madebefore that volume is achieved will not be considered.

Deposits can be paid by Visa and MasterCard, as well as bank wire. All client funds are held in segregated accounts. A demo account, unfortunately, is not available.

 

Education

 

BinaryOnline has been called the online broker with the most comprehensive collection of educational materials. These tools, resources, charts, guides, and news reports explain in depth everything you need to know about trading the different assets. BinaryOnline also provides all traders with daily market updates and free participation in its regularly scheduled webinars. A complete FAQ page is also provided.

 

Support

 

BinaryOnline strives to maintain the highest possible customer service in the industry. The support team is available 24/7 and can be contacted via email, telephone or live chat. They are  exceptionally knowledgeable about their offerings and services, and none of their answers is automated.

 

Licensing

 

BinaryOnline is not licensed. It does claim, however, to be in the process of registering with CySEC, the Cypriot regulator.

 

 

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Post Author: ScamRecovery

One thought on “BinaryOnline Review

  • Pasidu Madushan jeevantha fernando mirisage

    (September 6, 2018 - 11:43 am)

    at the beginning I deposited 250 one of the online binary offered me to manage my account and at the beginning told me that I could earn at least 7000 euros in a week or in a month he then told me that if I wanted to work with him I had to deposit another 250 euro then I went to my father to ask for another 250 euro telling of this thing and he was so happy that he gave me the money then I deposited another 300 dollars in total I deposited 550 dollars then the one who ran my account gave me a bonous welcome of 250 euros then having given those $ 250 bonuos told me that I could not withdraw the money until I did 30 percent of movement on the account then he did some trading then a few days I won and a few days I lost at the end he did not keep any promise after a month I asked but you promised me that I could earn 7000 euros a month then he told me some bullshit and then I did not have much time to devote myself on trading with studies then after six months to I was about $ 2651 on my account and he made some trades and I lost all the money I had left me only 15 dollars on my account then I talked to him he told me he was giving me all that money lost in that trade after he told me that when he came back from vacation or before going I was reimbursed the money on my account but he did not and after a month I contacted the binaryonline to know if he had returned from vacation then they told me then I sent an email saying to call me because I wanted to have that money on my account now says I have to deposit another $ 300 to get that money I said to give me $ 300 because I wanted to take my parents out to eat then he tells me he wants to talk to his manager and give me at least 100 or 200 euros then I sent an email saying please give me at least 220 euros then this morning I sent a message telling those of the binaryonline that I wanted the money back loso that they do not p or I ended up on the internet to find a way to get my money back then I ended up by you give me a hand to recover my $ 550 now on my account I only have $ 15 please help me recover the money lost thanks

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