BinaryOnline is a Bulgarian based binary options broker owned by a company called Zolarex Ltd. The broker was established in 2016 and its suitable for all types of trader, both beginners and professionals.

Basic Information on the broker

  • Owner –  Zolarex Ltd
  • Founded – 2016
  • Headquarters – 14 Tsar Osvoboditel Blvd., 1000 Sofia Bulgaria
  • Licensed 
  • Platform – Panda TS
  • Min. deposit – $250
  • Min. investment – $5
  • Max. Returns: up to 81%
  • Mobile – Available
  • Demo Account – No

Pros

  • Variety of trading types to choose from

Cons

  • Slow customer support service
  • Unregulated Broker
  • Not trustworthy
  • No Demo Account
  • Dubious Claims

AssetMagnate Rating:

 

The broker does not seem trustworthy. Its best for traders to stay away from such broker to avoid unnecessary losses.

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BinaryOnline Broker Review

Here is some in-depth information on things you need to know about the BinaryOnline broker.

Mobile Trading

BinaryOnline has a mobile trading platform available for their trader. The mobile trading platform is available on iOS and can be downloaded from their various stores. The mobile trading platform is constantly updated with the latest trading tools for their traders to have a wonderful and profitable trading experience anywhere and anytime without sitting in front of a PC.

Trading Platform

BinaryOnline uses the Panda TS trading platform. The broker updates its platform constantly with new trading tools.

BinaryOnline Brokers Platform

 

Trading options available on the platform include; One Touch, High/Low, Range Options, Hyper Trading, Copy and Social Trading

Deposit/Withdrawal

The broker makes it easy for their traders to their traders to deposit and make withdrawals which is what every trader wants.The broker offers a variety of deposit/withdrawal options which are Wire transfer, Credit or Debit card and E-wallets like SKRILL, NETELLER etc.

Account Types

The binaryonline broker has 3 different account types which include;

BinaryOnline Takeoff Account

This account type requires a deposit of $250 – $2499. The benefits attached to this account type includes; 24/7 customer support, promotional email alerts, daily market news, updates and access to winners corner and webinars.

BinaryOnline Standard Account

This account type requires a deposit of $2500 – $9999. The benefits attached to this account type includes; 24/7 customer support, promotional email alerts, daily market news and updates, access to winners corner and webinars, personal trading expert, access to free signals for 2 weeks.

BinaryOnline Premium Account

This account type requires a deposit of $10000 – $49999. The benefits attached to this account type includes; 24/7 customer support, promotional email alerts, daily market news and updates, access to winners corner and webinars, personal trading expert, access to free signals for 3 weeks, 10 risk-free trades, live trading with Professional, higher profits.Customer Service

Customer Service

The broker offers a slow customer support compared to other top brokers, which is a downside for the broker. The customer support can be contacted through live chats, telephone – +44 203 026 5665 and  email – [email protected]

Is BinaryOnline a Scam?

BinaryOnline is feared to be a scam. It is advised that traders stay away from this broker to be on the safe side.

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