7.4/10
  • BinaryInternational

  • Bonus: Up to 100%
  • Options Payout: 70-85%
  • Rating: 7.4 / 10
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Broker Name: BinaryInternational
Platform: Tech
Founded: 2014
Bonus: Up to 100%
Return/Refund: 70-85% /0-10%
No. Of Assets: 60
Regulated:   No
Demo Account: No
Minimum Deposit: 200
US Traders:   Not Accepted

BinaryInternational Review

by Martin Kay

Editor’s Note – Why Does BinaryInternational Suck in 50 Words

This broker might suck because it is an off-shore broker located in the the West Indies. This means the broker is not regulated by CySEC, the FCA or other major body and opens the possibility for fraud. It does not, however, guarantee a fraud exists. Many top brokers exists in off-shore locations in able to service a wider range of traders, this looks like one of them.

 

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Why BinaryInternational Doesn’t Suck in 50 Words

BinaryInternational.com is not a new broker. They have been flying quietly under the radar for several years but have not made major headlines. Why? Because they haven’t been scamming people. This broker is built on the TechFinancials platform and is one of the first to recognize the long term potential of operating a fair brokerage house.

 

 

Full Review Of Binary International – A Broker For International Traders

Binaryinternational.com is owned and operated by Neurotech International LTD, located in the Brasbow Building, Anguilla, British West Indies. The broker has been around for several years and has proven to be trustworthy so far. The broker is based on the ever popular TechFinancials platform which makes it a leading source for quality binary trading. What it is not good for is education; this broker has absolutely no information about how to trade or what binary options are but it doesn’t matter, so long as you know how to trade.

 

There are five kinds of options available; high/low, above/below, touch/no touch, boundary in/out and short term. High/low are standard digital binary options, above/below are similar but with set strike prices. Touch/no touch require the asset prices to touch the set strike only once during its life, or not touch it. Boundary options require prices to remain within a channel and short term is where you find the 30, 60 and 90 second options. These are supported by a full asset list. There are 19 international stock indices, 28 forex pairs, 50 stocks and 10 commodities including 3 commodity pairs. Expiry range from the super short 30 seconds through several intraday options and end of week, end of month and out further on some of the more heavily traded assets. The platform is great for day traders and swing traders but is limited for longer term traders.

 

 

Is BinaryInternational.com A Scam?

It does not appear that this broker is a scam. They employ bonuses and trading software as means to attract new traders which opens them up to complaints of scams but other than that their operations seem to be legit.

 

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BinaryInternational Ratings

User Friendliness 18/20

This broker is very user friendly, for those who already know how to trade. If you are looking for a good education center this is not it but it is a no-frills trading platform that makes everything an experienced trader is looking for easy to find. And the trading is great too.

 

Number of Assets, Expiry 16/20

The number of assets and expiry is pretty good, not excellent, not the best, but pretty good. The forex and indices are the best lists, commodities and stocks a little lacking but there are still plenty and all the majors are covered. Expiry is also a little limited but not bad. Short term and day traders are well represented, swing and long term traders will have less to choose from.

 

Commissions, Support&Effective Returns 15/20

There are no commissions with this broker, standard for the industry, and effective return is about average too. For the most part the high/low options pay out in the range of 75%-85% with that going up for the more exotic range, touch and high-yield options. Support is OK, but like I said this is not a broker for newbies.

 

Deposits, Payments & Bonus 15/20

They only score average here as well. Credit cards and wires are supported, no eWallets at this time. Minimum deposit is $250 with a minimum trade size of $5. Bonuses, up to 200%, are available based on account size. Payments are made within 10 days and are paid back to the original source. Bonus terms are also standard, 30X bonus amount with no withdrawal until the terms are met. Large depositors can also get free iPads and other attractions.

 

Broker Extra’s 10/20

This broker has a free demo account, if you deposit over $500. Having a demo account is great, having to pay for it not so much.

 

 

Binary International Overall Ratings: 74/100

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