Binary.Com verification process

Note: your card must be scanned from both back and front sides.

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IQ Option Account Verification Process, binary.com verification process.

Your card contains your name and you should obscure the CVV and six digits from the card. • bill for utility services( electricity, telephone, water and other)

IQ option account verification process

What is IQ options trading

IQ options trading has become the most popular nowadays. The first binary options were introduced by banks in 2008 and then online forex brokers started offering binary options to the public.

IQ option trading is a very enormous platform for investing in virtual currencies and IQ option is widely spreading platform for itself moreover it is producing a large amount of money in a minimum amount of investment.

IQ option trading is now offering clients to trade contracts for difference (cfds) on stocks, cryptocurrencies, exchange traded funds (etfs), forex, and a range of various digital options.

As pragmatic currencies are being so popular and beneficial so in consequence that is remarkably boosting trades.

In the upcoming years, this will produce more IQ option traders.

What is the minimum investment in IQ option?

IQ option allows you to start trading binary options with only $10 and the lowest minimum deposit among various binary options brokers some other brokers necessitate you to deposit you at least $100, $250 or even higher, depending on account type.

This trading allows opening an account from some different options which are completely based on the choices and requirements of the buyers.

Types of the IQ option trading account:

Opening an IQ option account and verification process:

Opening a new IQ account is very easy, we are here to guiding you how you can start trading.

It is a simple process. For opening an account you have to be of legal age. Before getting started you should make sure that you belong to the eligible country.

IQ option does not serve in many countries you can find the detailed list of the countries in which IQ option serves on their official website.

Once you complete the eligibility process you can proceed with creating your account with IQ option. You can register yourself with your own personal emails as well as your company’s email ID if you are an agency.

After completing registration the next step will be verifying your identity. Usually, traders find this account verification process frustrating and time-consuming, but trust me it worth it.

IQ option ensures safe endeavour of its traders. This verification process help IQ option in knowing that no one else is using your account and the person is an actually a human, not a spammer.

This verification process is for one time, you need to prove your identity once, it will help you by preventing you from getting into any kind of fraud or trap.

Here you are three steps far from opening your trading account:

Step 1. Identity verification:

This first step needs to verify your identity and for this, you must provide one document.

For completing this process you can submit a scanned copy or a photo of your passport, ID card or a driving license.

If you are using your passport it should be scanned from the front side where your photograph is displayed and if you are using identity card or driving licence scan them from both front and backside.

Note: make sure the document you are providing for verification has a clear photo and should not be expired

Step 2. Address verification

To verify your address or residence. You have to provide a scanned copy or with the photo of any of the following documents issued in your name.

This verification needs your name with your address also this can not be older than 6 months, whichever document you will take for address verification must contain an issued company or banks logo on itself.

For confirming your address you can choose followings:

• statement for a bank account or credit card account

• bill for utility services( electricity, telephone, water and other)

• document from the municipality confirming your address with an official stamp

Step 3. Bank card verification

To prove your ownership of your bank account documents you must use a card which you use for your transaction. Requirements for providing a card. The card must contain your name.

Note: your card must be scanned from both back and front sides. Your card contains your name and you should obscure the CVV and six digits from the card.

All steps for verification of your trading account are easy. This is one of the requirements set by cysec, IQ options main regulator. Still, some traders find this process time consuming but this is necessary also, it prevents money laundering.

If you wish to start trading in binary options you must verify IQ option trading account.

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Binary.Com verification process

In the EU, financial products are offered by deriv investments (europe) limited, W business centre, level 3, triq dun karm, birkirkara, BKR 9033, malta, regulated as a category 3 investment services provider by the malta financial services authority (licence no. IS/70156).

Outside the EU, financial products are offered by deriv (SVG) LLC, hinds building, kingstown, st. Vincent and the grenadines; deriv (V) ltd, govant building, port vila, PO box 1276, vanuatu, regulated by the vanuatu financial services commission (view licence); deriv (BVI) ltd, kingston chambers, P.O. Box 173, road town, tortola, british virgin islands, regulated by the british virgin islands financial services commission (licence no. SIBA/L/18/1114); and deriv (FX) ltd., lot no. F16, first floor, paragon labuan, jalan tun mustapha, 87000 labuan, malaysia, regulated by the labuan financial services authority to carry on a money-broking business (licence no. MB/18/0024).

This website's services are not made available in certain countries such as the USA, canada, hong kong, or to persons under age 18.

The products offered via this website include binary options, contracts for difference ("cfds") and other complex derivatives. Trading binary options may not be suitable for everyone. Trading cfds carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, the products offered on this website may not be suitable for all investors because of the risk of losing all of your invested capital. You should never invest money that you cannot afford to lose, and never trade with borrowed money. Before trading in the complex products offered, please be sure to understand the risks involved and learn about responsible trading.

Deriv investments (europe) limited, W business centre, level 3, triq dun karm, birkirkara BKR 9033, malta, is licensed in malta and regulated by the malta financial services authority under the investments services act to provide investment services in the european union (licence no. IS/70156). It is also authorised and subject to limited regulation by the financial conduct authority in the UK. Details about the extent of our authorisation and regulation by the financial conduct authority are available from us on request.

In the isle of man and the UK, synthetic indices are offered by deriv (MX) ltd., first floor, millennium house, victoria road, douglas, IM2 4RW, isle of man, british isles; licensed and regulated respectively by (1) the gambling supervision commission in the isle of man (current licence issued on 31 august 2017) and by (2) the gambling commission in the UK (licence reference no: 39172).

In the rest of the EU, synthetic indices are offered by deriv (europe) limited, W business centre, level 3, triq dun karm, birkirkara, BKR 9033, malta; licensed and regulated by (1) the malta gaming authority in malta (licence no. MGA/B2C/102/2000 issued on 01 august 2018), for UK clients by (2) the UK gambling commission (licence reference no: 39495), and for irish clients by (3) the revenue commissioners in ireland (remote bookmaker's licence no. 1010285 issued on 1 july 2017). View complete regulatory information.

Binary.Com is an award-winning online trading provider that helps its clients to trade on financial markets through binary options and cfds. Trading binary options and cfds on synthetic indices is classified as a gambling activity. Remember that gambling can be addictive – please play responsibly. Learn more about responsible trading. Some products are not available in all countries. This website's services are not made available in certain countries such as the USA, canada, hong kong, or to persons under age 18.

Trading binary options may not be suitable for everyone, so please ensure that you fully understand the risks involved. Your losses can exceed your initial deposit and you do not own or have any interest in the underlying asset.

Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading cfds with deriv investments (europe) limited. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.

Passing your broker’s account verification process, what is required from you?

Every financial investor on their path to the financial market must undertake a substantial amount of preparation. Here it is clearly legal aspects of trading with financial tools, and the technical problems connected with forecasting and evaluating market indicators. Today, we’re considering the not so insignificant question of “verification”, which you are required to pass on brokers’ trading platforms. We suggest going through all the legal and technical nuances of brokers’ requirements, defined by the necessity of undergoing verification, and also the collection of essential documents that market operators have the right to demand.

So, not so long ago, to gain access to the financial market, all you had to do was open a trading account with any one of the many platforms for trading. However, now the trading sphere is has become more official and all participants must meet set guidelines. For this reason, the vast majority of large, systematized brokers require clients to pass the verification process or, more simply, identification process. Moreover, it is worth noting that there is no difference between working on a forex platform or with a binary options broker, even the more novel services, such as cryptocurrency exchange, require their partners to undergo verification. Considering the verification process, first and foremost, it’s worth going through how it is regulated, why it’s necessary and what it amounts to specifically.

Verification – who needs it?

If you have read the reviews and relevant articles written by traders on the topic of verification on operators’ platforms, then you would have noticed some market participants view this technical operation negatively. The reason for this lie in the level of trust between brokers and investors. The issue is that, when getting started trading privately online, many operators use verification as another tool to deceive partners. Many people remember the unjustified refusal to disperse funds. In which, brokers often pose numerous complex and difficult demands when verifying traders’ personal identification. However, brokers themselves were the ones who set the stage for this mistrust of the legal process! And yet, why do you need verification?

Usually, financial brokers, who require client verification, justify it with several facts, the position of the well-known investing organization FAFT, market regulators’ requirements, and also interest in protecting traders and their investments. The brokers’ requirements would be reasonable and legally justified if weren’t for the many “but”s!

Let’s start with investment and partner protection. Of course, experienced investors and reasoned traders are well aware that brokers are primarily focused on their own wellbeing, with clients’ interests coming in around third. The issue is that the system of the financial market is set up in such a way, that if the trading service carries out illegal operations, first and foremost, it will be the operators themselves who will be punished. It makes sense, why search for a single con artist, if you can punish the platform, which created the opportunity for such activity for technical and legal reasons. Therefore, by requiring verification, brokers are protecting themselves. Besides that, this situation raises skepticism anyways due to the requirement to disclose personal information and documentation. This in and of itself decreases clients’ security. But don’t be scared off, these days financial trading platforms protect partners’ information with some of the highest security measures.

The second point is the FATF requirement. Tas a start, what does this organization do? It’s all quite simple: FAFT is an intergovernmental organization, handling the international issue of money laundering. The organization doesn’t take any physical measures against it. Instead, it analyzes and develops specialized financial schemes, which aim to prevent laundering money procured through illegal means, excluding tax evasion. However, this organization’s recommendations and guidelines are only binding if the government ratifies intergovernmental agreements.

The european union ratified their legal relationship with FATF in 2005, russia, in turn, adopted the standards of this organization in 2001. Fighting money laundering isn’t the only reason for actively taking on FATF’s recommendations, they also seriously limit the ability of terrorist organizations to move money. As you know that is a very serious problem. However, when considering FATF’s activity and recommendations through the lens of a private investor on the financial market, it is worth noting that the recommendations and guidelines are only applicable if the trading platform is registered in a country where the operator also works. To put it into other words, if your broker falls under the jurisdiction of a country that hasn’t ratified FATF, then the verification process isn’t required to meet the organization’s standards and is in certain situations illegal.

Having conducted a brief initial survey, it’s of note that the majority of financial market operators today are located within european jurisdiction, therefore the companies don’t have the freedom to ignore the FATF requirements in regards to the client verification process.

Continuing along the lines of the legal justification for requiring verification, it is worth stating that in financial legal relations and accounting with brokers and traders, there is yet another side, the payment or banking service! Partially, these organizations are regulated by entirely different, stricter principles and rules, therefore, without identity verification, you simply cannot work with financial tools.

In sum, there is a reasonably wide selection of organizations, which force brokers to require their partners to undergo a verification process. These rules are legal and shouldn’t be fought or questioned.

What documentation do you need for verification?

Verification is first and foremost the process of identifying the client and directly linking the investor concretely to their trading account. That is why the main document requested to verify an individual’s identity is their passport. However, this is where trader from russia can run into some specific problems. If you work with a russian broker, then all you must do is present your russian passport, with a scanned copy of the registration page with the stamp. However, most traders prefer working on european operators’ financial platforms, and here there will be some difficulties. The issue is that outside russia there is no internal residence permits or system of registration in specific areas. The second point also being that they do not accept documents written in cyrillic. Therefore, to pass verification in foreign countries you need a foreign passport, and, of course, an obnoxious corroborating document, which irritates traders more without exception, such as a service payment receipt addressed to your official residence! The operator also requires notarized copies of all documents! With the number of documents required you could open a foreign bank account!

At first glance, the list of documents and standard requirements appears simple, however, in the practical reality, traders don’t always possess receipts addressed to their residence, severely complicating the verification process. For this reason, financial market system operators always provide specific alternatives for verifying partners.

Verification – what you need to know?

As annoying as the process of verification on brokers’ platforms can be, the process is a very effective tool for protecting traders’ investments. However, many operators to this day use this process as a means to delay settlements with partners. In order to not fall into a difficult situation and have the opportunity to work with a professional and secure broker, it is vital to pay attention to the following requirements and facts of collaboration:

• already at the account registration stage, secure brokers request various information for the later verification process. It is already necessary to present an exhausting range of required documents.

• don’t work with companies which require documentation in-line with the EU guidelines, yet aren’t located within the european union and aren’t partnered with the financial instruments of an EU member country.

• con artists will categorically refuse to propose alternative documents to you, as a russian citizen, for verifying your identity.

• avoid operators who insist on using simple local payment services with clients for financial dealings, over global services with complex client verification processes.

• reject brokers who request a large amount of documentation, while requiring you to provide both russian and english copies

Use this list of recommendations, you can protect yourself from problems with accounting. Don’t give them the opportunity to try to con you.

In order to best protect your information against fraudulent brokers, use the following list of practical recommendations:

• before finalizing your trading account in full measure, on the operator’s platform, study the requirements and technical process of verification. You should have a clear understanding and have a summary of information on this question. Your first step should be familiarizing yourself with the list of required documentation for verifying your identity, assess your broker’s ability to change their rules once you’ve already begun the partnership process.

• conduct an analysis of your broker’s status. Often companies propose very difficult verification processes, justifying it based on their partnerships with very reputable banks or work in the national legal fields, which are also often established financial centers. If the publicly available information isn’t enough for you to properly evaluate, go to the operator for further information. If the broker runs a legal platform, then they will be more than happy to provide any information you may be interested in.

• also before beginning trading, determine what method of payment are available, which will aid you in any future accounting. Saving yourself from having to verify your identity twice, many payment services have similar requirements for verifying the identity of their clients.

• you can only start placing trades after you have completed the entirety of the verification process!

In closing, putting aside traders’ negative views on verification, it is worth saying that today it does not only protect investments and work in the legal field but is also a clear and distinguishing sign of any professional and secure platform. Therefore, completing verification on your broker’s platform enables you to make the right choice in relation to the quality of trading service and to carry on comfortably trading with financial tools at your disposal.

“general risk warning: binary options and cryptocurrency trading carry a high level of risk and can result in the loss of all your funds.”

Metatrader 5 dashboard

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Binary.Com offers a variety of account types to cater to the diverse needs of traders everywhere, whether you're an experienced trader or just starting out.

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Synthetic account

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When to upload your verification documents to the broker.

Most of the brokers require the submission of documents for approval of the trading account (KYC).

(KYC stands both for know your customers or know your client)

You can still operate, but in case of withdrawal request these documents will be required to you.

Therefore important:
send the following documents to the broker and monitor the acceptance, before investing real money.

Here is a sample of documentation a regulated broker requires.

Proof of identification – passport / drivers license / national ID

Proof of residence – recent utility bill dated within the last six months, current local authority tax bill, bank or credit card statement.

Credit / debit card -if you wish to fund your account with your credit/debit card, please scan the front and back sides of your card. For your security please black out the middle 8 numbers that appear on the front (and back if necessary) and the CVV (security code) on the back.

SWIFT confirmation – if you wire transfer funds to your account, please upload the SWIFT confirmation from your bank.

Other – other documents which are requested by the compliance department.

Steal money from your account

You do not have to worry that someone can then withdraw from you only. Even if someone else obtains the login information into your account, they can’t withdraw money because the broker uses a thorough validation process for every new withdrawal method someone wants to use from your account.

This means, someone who obtains your account information, could only withdraw money by using an existing withdrawal method. They could use your already existing credit card or bank account information, but they could not withdraw money to a new bank account or a new credit card. This system effectively eliminates the possibility that someone could steal money from your account.[/fusion_text][one_half last=”no” spacing=”yes” center_content=”no” hide_on_mobile=”no” background_color=”” background_image=”” background_repeat=”no-repeat” background_position=”left top” hover_type=”none” link=”” border_position=”all” border_size=”0px” border_color=”” border_style=”” padding=”” margin_top=”” margin_bottom=”” animation_type=”” animation_direction=”” animation_speed=”0.1″ animation_offset=”” >

1a. Proof of ID

Scan/take a photo (front and back) of your government photo ID or driver’s license with all 4 corners of the document visible.[/fusion_text][/one_half][one_half last=”yes” spacing=”yes” center_content=”no” hide_on_mobile=”no” background_color=”” background_image=”” background_repeat=”no-repeat” background_position=”left top” hover_type=”none” link=”” border_position=”all” border_size=”0px” border_color=”” border_style=”” padding=”” margin_top=”” margin_bottom=”” animation_type=”” animation_direction=”” animation_speed=”0.1″ animation_offset=”” >

1b. Proof of ID – passport

You can also scan/take a photo of your passport.[/fusion_text][/one_half][one_half last=”no” spacing=”yes” center_content=”no” hide_on_mobile=”no” background_color=”” background_image=”” background_repeat=”no-repeat” background_position=”left top” hover_type=”none” link=”” border_position=”all” border_size=”0px” border_color=”” border_style=”” padding=”” margin_top=”” margin_bottom=”” animation_type=”” animation_direction=”” animation_speed=”0.1″ animation_offset=”” >

2. Proof of residence

Bank or credit card statement, recent utility bill dated within the last six months, water bill, electric bill, telephone bill.

Your full name, address and a date must be clearly visible and the document must be dated within 6 months.

Please make sure that all 4 corners of the document are visible.[/fusion_text][/one_half][one_half last=”yes” spacing=”yes” center_content=”no” hide_on_mobile=”no” background_color=”” background_image=”” background_repeat=”no-repeat” background_position=”left top” hover_type=”none” link=”” border_position=”all” border_size=”0px” border_color=”” border_style=”” padding=”” margin_top=”” margin_bottom=”” animation_type=”” animation_direction=”” animation_speed=”0.1″ animation_offset=”” >

3. Credit card

If you choose to make a deposit using a credit card, send a scan/photo, front and back of the card.

For your security, it’s advised to cover the card number (please make sure to keep the last 4 digits visible) and the CVV number on the back.[/fusion_text][/one_half][one_full last=”yes” spacing=”yes” center_content=”no” hide_on_mobile=”no” background_color=”” background_image=”” background_repeat=”no-repeat” background_position=”left top” hover_type=”none” link=”” border_position=”all” border_size=”0px” border_color=”” border_style=”” padding=”” margin_top=”” margin_bottom=”” animation_type=”” animation_direction=”” animation_speed=”0.1″ animation_offset=”” email these pictures to IQ option’s support, and they will activate your new payment method for you. Since nobody but you can provide all these documents, your money with IQ option is absolutey theft-proof.[/fusion_text][/one_full]

Below you can see the brokers most used by our traders. It does not mean that they are absolutely the best, but they have been selected based on the number of registrations and trading operations. In addition to these, you can view the complete list of brokers with relative comparison.

By registering through these links you get preferential assistance, various free resources and the possibility of free access to the VIP signal room. Clear cookies before visiting a broker. Send your ID, teh identification number that the broker assigns you, to info@freebinaryoptions.One.

Risk warning: "binary options are not promoted or sold to retail EEA traders" if the broker is not authorized in your area, e.G. IQ option, olymptrade (eurozone / usa), you can choose from our broker comparison (reliable brokers who accept traders from all over the world, following image):

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Binary.Com verification process

This website's services are not made available in certain countries such as the USA, canada, hong kong, or to persons under age 18.

Authentication

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We will inform you if authentication is required in the future.

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You do not need to authenticate your account at this time

We will inform you when your account needs to be authenticated.

Learn more about submitting essential documents with our handy infographic:

1. Proof of identity

Submit one of the documents below:

Passport

Identity card

Driving licence

2. Selfie with proof of ID

Submit the document below:

Selfie holding proof of identity (front)

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Your document is being reviewed, please check back in 1-3 days

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Learn more about submitting essential documents with our handy infographic:

Submit one of the documents below:

Utility bill

Bank statement

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Binary.Com review

Editors summary

Binary.Com appears to be unique in its trading platform and the technology on offer. They also seem to have the added advantage that you can open an account with as little as $5. Their focus seems to be on the ease of use when it comes to trading and the fact that they boast a unique trading platform. During our thorough and detailed binary.Com review process, we found a few complaints and no evidence that this broker is a scam.

Risk warning: the products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never risk money that you cannot afford to lose.

Ad disclosure: some of the links that you will find on this website are advertisements for which we do receive financial gain for referring new customers.

Introduction

Owned by regents market group, binary.Com was first set up in 1999 and licensed in the isle of man and malta. As one of the more established binary options brokers, binary.Com wasn't always known by this name. In fact, until 2013 it was known as betonmarkets.Com. The rebrand was undertaken to capitalise and increase their share of a growing binary options market.

With offices in malta, malaysia and japan, the company now has over 1 million registered accounts worldwide and handles approximately 15 transactions per second. The site is published in 12 languages to cater to their worldwide clients. These are english, japanese, chinese, arabic, polish, german, french, spanish, portuguese, italian and russian.

A multi-award winning trading platform binary.Com's success is built on their flexible trading, simplicity, sharp prices, trust and security. With over 2 billion dollars traded to date and their commitment to providing a first class client service, they have managed to maintain their position while many others have entered the market around them.

Account types

Unlike many brokers, there isn't a menu of accounts to choose from, there are just virtual and real accounts.

Virtual account

When you visit the desktop or mobile site, you are encouraged to open an account, but it's a virtual account, not a real account. Follow the steps to open an account, and you are asked to enter a verification code sent by e-mail to complete the process. Once you have done this, you have your very own live binary.Com demo account with $10,000 to practise with. A virtual account or "demo account" as they are also known to allow the novice trader to practise and get used to trading binary options before risking their own real money.

Real account

Once you have got to grips with the platform via your virtual account, you can then open a real account with as little as $5. This low deposit amount is much more accessible than other binary options brokers who require a minimum of 250 dollars and is a contributor to their popularity with so many account holders. It’s a swift and easy process to open a real account, and with a few simple details within minutes, your account is live, and you are ready to trade. There is a menu box that allows you to move between your real account and your virtual account and to stop you getting carried away you are asked if you would like to receive an update or "reality check" and at what intervals.

Trade features and payouts

The payout percentage changes in real time for all trade types. Unlike other brokers that may state a payout of 85% for a simple binary call/put trade the binary.Com platform updates as you watch. Second, by second the payout amount rises and falls, allowing you to pick when to make your trade. As an indication, the trader can expect to achieve a return of around 85-86% for a successful trade. The minimum trade amount is just $5, which makes this a decent beginner broker.

As with many of its peers, the binary.Com platform offers the following types of trades.

Call/put trades

This trade type has two options. Rise/fall or high/low; A simple prediction of whether the asset will rise or fall in price in the allotted time.

Touch/no touch trades

Profits are much higher with the type of trade with a return of around 1,000%. Again it is difficult to predict the exact return as the prices change in real time.

In/out trades

With in/out trading, there are two options. Ends in/out or stay in/goes out with returns again of around 1000%.

Bonuses and promotions

With such a low deposit amount required, it is no surprise that binary.Com don't need lots of attractive bonuses to entice people to sign up to their trading platform. However, there is a $20 welcome bonus offered to those that open an account with just 5 dollars. It isn't something that is widely advertised, however, and someone wishing to open an account in this way would need to search for binary.Com bonus to find the option.

Mobile trading

While binary.Com has made many technological advancements and offer such an intuitive trading platform; there is no mention of a dedicated mobile app. Upon further investigation, when searching the app store on ios or google play, it would confirm that there is no app available for both iphone, ipad or android devices. That said the mobile platform is highly functional, straightforward to use and not overcomplicated.

Opening an account on any site on a smart phone can sometimes be a fiddly experience, but when you sign up to binary.Com, the data input boxes are clear, functional and easy to use while being big enough to see what you are doing without squinting.

One of the great features of the mobile is the prominence of the account that the trader is currently using. In the top right-hand corner of the screen is a drop down box with the option to switch between accounts. As well as a clearly labelled differentiation between the virtual and the real account there is also the account number, so you don't have to go rooting around should you ever need to call support.

Traders can expect to achieve an excellent rate of return with binary.Com, around 86%.

Deposits and withdrawals

There are many ways to deposit funds into your binary.Com trading account. Choose from debit or credit card; visa, mastercard or union pay. You can also use a bank wire or money transfer, or one of many E-cash methods such as skrill or OK pay. As previously mentioned the initial minimum deposit amount required is only $5 and cleared funds will be available to start trading immediately.

Withdrawals are made via the same method as deposits, so if you made your deposit via a credit card any money that is withdrawn will be sent back to the same card. Once a withdrawal is requested, a verification token is sent via e-mail to ensure security. It then takes between 1 and 5 days for the money to be returned. The processing time depends entirely on whether you are using a wire transfer, credit or debit card or e-cash.

We advise all traders to ensure they have followed the proper verification and identification process to avoid any withdrawal problems. While performing our binary.Com review, we had no banking issues to report.

Special features

One of the key features of binary.Com is its unique "fixed odds" trading platform. The platform allows you to set your trading price and tells you the amount you will be returned, which essentially allows you to choose your profit. When you start trading the amount needed to achieve a 10 dollar return, for example, will move up and down in front of your eyes. Once you confirm your trade, it is locked in, and your payout amount remains fixed.

As mentioned above, it is evident that the critical feature of binary.Com is the fact that you can open an account with only $5. While many competitors offer a lengthy and possibly complicated menu of accounts and options, this low deposit option is probably the key reason that they have as many account holders as they do.

Customer support

With many binary options traders, you can log in and immediately see how to contact a member of customer support. This may be in the form of an intrusive live chat box that pops up to check you are ok or by a prominent button should you need to start a live chat. With many brokers, you will find a list of numbers depending on your country and a list of contact methods.

Now while all of this is available with binary.Com, it isn't as visible, and you do need to go looking for it. By scrolling to the bottom of the desktop site, you will find a small "contact us" link. Once you open up this page, you do get a choice of telephone numbers, e-mail or live chat and on further examination, there is a drop down box to allow you to choose the relevant country you wish to call. There is also a list of addresses to write to.

We want to help our readers in any way we can, but sometimes it's better to talk directly with your investing site to get the answers you need. For example if you have a specific query about your account you'll need to contact them in person due to security.

Alternatively, if you find that contacting your investing partner isn't working, you can contact us and we will be more than happy to try on your behalf. We have excellent working relationships with many of the sites we list and recommend.

Binary.Com

Email: [email protected]

Phone: +44 016 668 000 42

Address: binary investments ltd, mompalao building, suite 2, tower road, msida MSD1825, malta

Conclusion

Here we're going to wrap up our binary.Com review. Binary.Com appears to be unique in its trading platform and the technology on offer. They also seem to have the added advantage of many of the leading binary options traders in that you can open an account with as little as $5. This may be a reflection of their "no frills" offering with the lack of an app and other features that you might expect to find. The information on offer is basic, and they don't appear to shout about the benefits of the platform. Their focus seems to be on the ease of use when it comes to trading and the fact that they boast a unique trading platform.

During our thorough and detailed binary.Com review process, we found a few complaints and no evidence that this broker is a scam. Their longevity stands them in good stead, and they have built up their legit large following through trust and reputation. The risk of binary options trading isn't any less with binary.Com, but it does allow the trader to "dip their toe" without committing as much as they would with other traders.

Our review rating system (more info)

To ensure our readers know how our experts get to their conclusions, we feel it's essential to be transparent about the rating system we use. All our ratings focus on seven key factors which are shown below. Some of these factors carry more weight than others due to their importance. The importance of a factor has ultimately been decided by our readers and years of their feedback.

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