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  1. #1
    Administrator Martin Kay's Avatar

    Hot Binary.com Live Discussion Forum !!!

    Click here to read or submit customer reviews about Binary.com

    Binary.com Share and Research Binary Options information and communicate with other Traders. All Traders are welcomed. Feel free to start a live Discussion or ask Bots.com team questions.

  2. #2
    Rookie Member
    Hello guys,
    I have tried this broker for the last week, and I got upset...
    Looks more like a scam than a real brokers platform. They really have a low minimum deposit, but I lost every thing I put there. After three deposits I finally decided to compare their grafics info with other platforms and really was kind of different, when it should not as the global market is just one. Added to all this, their website layout is not very good, because the charts (graphics) are not in the same window you make the tradings, so when you are looking at the graphic and see a good oportunity for bet PUT/CALL, you need to click the menus so then you can get in the trading screen.
    Also the website is very heavy and sometimes it freezes.
    In my opinion is a scam...

  3. #3
    Rookie Member
    annoying is that this does not have a digit if you tie your broker and trade, is taken as lost. Advisable to trade in 3 hours and more. Withdrawals are fast 24 to 48 hours

  4. #4
    Administrator Martin Kay's Avatar
    Quote Originally Posted by Rafael View Post
    Hello guys,
    I have tried this broker for the last week, and I got upset...
    Looks more like a scam than a real brokers platform. They really have a low minimum deposit, but I lost every thing I put there. After three deposits I finally decided to compare their grafics info with other platforms and really was kind of different, when it should not as the global market is just one. Added to all this, their website layout is not very good, because the charts (graphics) are not in the same window you make the tradings, so when you are looking at the graphic and see a good oportunity for bet PUT/CALL, you need to click the menus so then you can get in the trading screen.
    Also the website is very heavy and sometimes it freezes.
    In my opinion is a scam...
    Dear Rafael.. I think you're way off road. The style of options provided by Binary.com are quite different than the platform provided by most EU styled brokers.
    This is most certainly not a scam. Company is 13+ years old, used to be called betonmarkets.

    I think the only reason you choose this broker was the low deposit. Now you know why. This broker is simply not for you... Check out our list of approved brokers.

  5. #5
    Rookie Member
    Binary.com used to be BetOnMarkets and have been around for years. They were marketed as a fixed odds broker and have now re-branded to try to gain more custom from the 'Binary' market.

    I agree with Martin. They are a pretty sound outfit, offer some different types of trading contracts and have always been good for me when it comes to making withdrawals. I suspect as with most brokers, the people who fall foul are those trading contracts that last only seconds, which with any broker is pretty much just a lottery.

  6. #6
    Rookie Member
    I opened a demo account with them and the fact that you can modify entry criteria by your own was a pleasant surprise, especially for touch/no touch options. They also offer a lot of great education stuff.
    On the downside: they claim you can always sell before expiry, but it almost never worked.
    Onething concerned me, I filled in the contact form several times(they have a "callback"service), but never been contacted
    Last edited by miditrader; 10-30-2014 at 06:59 PM.

  7. #7
    Rookie Member Arseny's Avatar
    I was thinking of trading with them tonight, but I've noticed that their spot rates are quite different from what I see on MT4 (Alpari) - GBP/JPY...

  8. #8
    Rookie Member outfox's Avatar

    sad6 Binary.com Good or Bad? !!!

    Hi Everyone, I am a newbie and just recently created a live account with BINARY.COM (formerly BetonMarkets)
    I just like to hear your comments and feedback whether I should continue trading with them.

    Here are the 3 reasons I chose them:
    1) they offer (at most) 100+ percent return, making a possible 1:1 risk reward ratio.
    2) they are regulated at some degree by a gambling commission. I am fully aware that they are a gambling company. (Though I still prefer a broker who is truly regulated by a broker commission.)
    3) they have minimum trade position of 5 USD, which is good at the moment while I am still learning. (Minimum $25 USD trade from other brokers is too large for me at the moment, since I know that I am prone to errors)

    I honestly don't know if this is a good broker or if I miss something I will regret later. Please let me know if I need to change my broker ASAP. Any feedback, comment, advice and suggestion is highly appreciated. (I should have asked this question before I created a live account with them. But moving forward what should I do?)

  9. #9
    Legendry Member Michael Hodges's Avatar
    I think you've made a good choice for an introductory broker. they are trusted, as a casino but trusted,and have good trading. The small position size is great for newbiew, stick with the $5 till you get confident, then only go up to $10 or $15. Nothing wrong with where the regulation comes from, we would like to see more financial regulation but GSC is better than nothing.... and way way more trustworthy than the average unregulated brokers.

  10. #10
    Active Member hecky3's Avatar
    Quote Originally Posted by outfox View Post
    Hi Everyone, I am a newbie and just recently created a live account with BINARY.COM (formerly BetonMarkets)
    I just like to hear your comments and feedback whether I should continue trading with them.

    Here are the 3 reasons I chose them:
    1) they offer (at most) 100+ percent return, making a possible 1:1 risk reward ratio.
    2) they are regulated at some degree by a gambling commission. I am fully aware that they are a gambling company. (Though I still prefer a broker who is truly regulated by a broker commission.)
    3) they have minimum trade position of 5 USD, which is good at the moment while I am still learning. (Minimum $25 USD trade from other brokers is too large for me at the moment, since I know that I am prone to errors)

    I honestly don't know if this is a good broker or if I miss something I will regret later. Please let me know if I need to change my broker ASAP. Any feedback, comment, advice and suggestion is highly appreciated. (I should have asked this question before I created a live account with them. But moving forward what should I do?)
    Hi, I've had an account with BINARY.COM for about 10 years without any problems.

    Your point 1 is more or less true for the rise / fall bets, I found that I could get slightly more than 100 % if I got the timing perfect, usually I achieved 85-90%. If you use touch or boundary bets you can get over 100%.

    The other points are relevant to your individual circumstances and don't apply to me.

    Their expiry times and some other items differ from those on Communitraders so take care when you place real trades. In fact you would be best practicing on Communitraders before you move on to real trades.

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