Is Binary Brokerz a scam?
To invest in binary options successfully you need a reliable partner regardless whether you are going to use a binary option trading platform or some robot. Any of them is able to help you to get perfect results if your choice is wise and careful. You should also remember that trading platforms are thought more reliable than the robots which are harder to adjust. So, this article is devoted to a trading platform.
Its name is Binary Brokerz. The company is a novice in the field of online investment. Its headquarter is located in Cyprus. Is that another binary broker scam or can traders rely on the company? Let’s try to find it out.
Scam or Not?
When deciding if to use some platform or not, pay attention to the fact if it is regulated. If speaking about Binary Brokerz, there is nothing to be concerned about. They have everything necessary documentation and are regulated by reputable regulatory bodies. They operate with the use of the Tradesoft platform that is among widely spread software for binary option trading. It is superb and very efficient. We consider the Binary Brokerz Platform absolutely reliable.
Pluses and Minuses
The broker platform under review has lots of other advances: marvelous Educational Center, convinient News Section, 24/7 perfect client support, and a wide range of account types. Their Educational Center is characterized by a number of interactive components with an separate part devoted to newcomers. There you can find lectures on trading strategies and option usage as well as advice on available trading tools and their use. They also have a number of Webinars and Videos. So, their Educational Center offers excellent training for new traders and experienced investors.
Their News Section contains an Economic Calendar and a blog. The calendar reminds about important economic events. The blog can help you to be aware of the freshest events in the global politics and finance. As we said, the binary option investment broker provides perfect 24/7 client support through live chat as well as email. Clients can use them to state their concerns, claims, problems, questions and requests.
Types of Accounts at Binary Brokerz
They suggest a number of account types with their VIP Account among them which details stay private, no one knows them, just the customer and the brokerage. They also offer an Islamic Account approved by Shariah. Other types: Demo Account is absolutely free of charge. It is created especially for newcomers to give them an opportunity to get acquainted with the investment procedures. Basic Account is also nice for new traders. Its minimal deposit is $250. It also has a Welcome Bonus of 25%. Silver Account offers a minimal deposit which equals $ 1,000 and its Welcome Bonus equals 35%. It also has 5 % risk free trades as well as a Personal Junior Broker. Gold Account is for those who are able to pay $2,500 and want to have at least 50% Welcome Bonus along with a Personal Senior Broker, and 10 % investments free of risk. Platinum Account has a minimal deposit that equals $10,000 and offers 75% Welcome Bonus, along with Personal Chief Broker and private phone calls going before severe impact announcements as well as 20% risk free trades.
We can say the investment broker is safe and legit. It does not have anything to do with binary brokers scam. It really deserves traders’ attention.