By Justus Scout
As a seasoned investor, I started with the binary.com demo account to test if the broker would be right for me. Using their $10,000 in virtual cash, I was pretty successful with the investments I made and decided to invest in a MT5 account.
Now, I’ve been working with them for 5 months and I am quite happy with their services they provide.
They offer day trading which has really helped me because I work at night and I can invest as little as $5 at a time and make significant profits. I’ve had a few issues with withdrawing funds but it’s to be expected from trading with certain volatile markets.
Their user-interface is exemplary; it’s easy to navigate with educational tools that are of value even to seasoned investments. This company gives their investors important information on updates and information that might upset the market.
Personally, I prefer their advanced platforms because with the correct trading strategy it’s possible to make good returns. They offer MetaTrader 5 platforms for forex trading, Binary WebTrader and nextgen platforms for some of my other trading investments.
One of the best features about their advanced platform is that they offer a binary bot for automated binary trading. At work, I don’t have to be online to watch my investments, the platform bot will do all this for me.
One of the reasons I chose their MT5 platform is because it lets me trade assets like cryptocurrencies which traditional banking industries like banks and stock exchanges refuse to recognize. I also really enjoy their stop loss, limit orders, advanced charting options, trading strategy testing and one-click trading options.
They save on time and allow for me to test my investing strategy first without placing any money on an asset. If it works out then you’re free to invest, if not I use some tools offered to re-examine my strategy and see what options work for me.
I think one of the best things about this platform Binary is that unlike other brokerage companies, if you are a free-thinking maverick who wants to learn how to invest well, this tool provides great tools and learning materials that are relevant from someone at a beginner stage and those that understand markets.
You aren’t tied to some know it all consultant who gives the same advice to all players so every investor is using the same strategy hoping to make money (which doesn’t always happen).
Anytime I’ve had issues with withdrawing my returns, I always call their customer support. They are friendly, helpful and knowledgeable when it comes to payment options. Occasionally, I have lost money when these technical hiccups with withdrawing occurs but it’s a risk everyone has to take when dealing with volatile markets due to the pandemic.
All in all I’ve made a tidy sum using this platform but I think part of this is because along the way, I’ve learned how to navigate online platforms (this isn’t my first brokerage site).
Along the way I’ve lost money but its part of the learning curve. If you have a bit of extra money that you’d like to play around with, I’d give Binary.com a chance.
With a minimum deposit of $5 dollars and a minimum trade of $1 it’s not a bad option to try out.
