Binary.com Review 2025
- Min Deposit: $5
- Payout: 91%
- Demo Account: Yes
- Regulated: MGA, SC
Binary.com (now Deriv) is a great pick for beginners and advanced traders interested in short-term trading with multipliers and leveraged CFDs. The broker is also a leader in synthetic indices which simulate real market movements and are available around the clock.
Binary.com rebranded to Deriv. See our Deriv review for the results of our hands-on tests. The review below is provided for historical purposes.
Binary.com was an award winning fixed odds financial betting broker that was based in the Isle of Man and Malta. The platform was owned and operated by the Regent Markets Group with extensive business interests in the Asian Pacific region.
Operating as an online gambling platform, binary.com was regulated by the Isle of Man’s Gambling Supervision Commission as well as the by the Lotteries and Gaming Authority in Malta. The reason why there were two operational bases is because the broker used different corporate vehicles to serve clients in the European Union market and U.K’s market.
This global approach was reflected in their Bitcoin account. It allowed traders to fund an account (and trade) using Bitcoin cryptocurrency. Payment methods were also expanded to include Ethereum and Litecoin as the firm embraced blockchain technology and established cryptos.
Trading Platform
At first glance, one can see that the trading platform offered by Binary.com was quite unlike all the other platforms normally seen with other binary brokers.
For one thing, the interface was deceptively simple. All the basic functionalities were there. There was actually really nothing extraordinary with Binary.com’s platform until you scrolled further down…then it was a different picture entirely.
We were pleasantly surprised to find that this platform offers such a comprehensive charting feature for their platform.
In addition, traders had the option to obtain the list of daily prices and intraday prices from the tabs located just below the main trading platform.
The prices displayed were quite detailed and showed even the percentage change on the right side of the price quotes.
Charts
As mentioned earlier, one unique feature about Binary.com trading platform was the charts they provided. Traders could choose between the different types of displays available:
- Line Charts
- Interactive Charts
- Pop-up Charts
- Legacy Charts
Trade Types
As Binary.com was not your typical binary options broker, the types of trading contracts they offered differed slightly from mainstream binary contracts. For example, traders could choose from:
- Rise/Fall Option Contract
Traders would decide if the expiry price would RISE or FALL from its current spot price.
- Higher/Lower Option Contract
Traders would decide if prices would end up HIGHER or LOWER than a predetermined price target.
- Touch/No Touch Option Contract
Payout were made when prices Trade TOUCH or NOT TOUCH a predetermined price target during duration of the contract.
- In/Out Option Contract
The aim was to see if prices would be IN between or OUT of two price targets.
- Tick Trades
Similar to 60 seconds options, traders here decided which way the market would go in 5 ticks of price movements. Tick Trades were furthered classified into:
- Up/Down Trades
- Lucky 10 Digits
- Quick 10%
Binary.com also introduced CFD trading via their Metatrader (MT5) platform. This expanded the binary offering to include more traditional forms of leveraged investments.
Demo & Trading Accounts
One great thing about Binary.com was the fact that they let would be clients try out their platform with a demo account with $10,000 virtual money. This is not something you find often with all binary brokers. Many other brokers will require that you login and place a deposit first before they let you access their trading platform.
Once a trader decided that he wanted to open a live trading account with binary.com, all he had to do is to fill up the registration form, login, and place a very small minimum initial deposit of $/£/€ 5.
Trading Software Features
Payout Ratios
The payout ratios at binary.com varied from around 60% to 110% depending on the contract types. The exact payout could be seen the right side of the trading platform. Traders should that note that the ratio changed constantly according to the market fluctuation.
Asset Index
The list of asset available was wide ranging. Traders could choose from Forex, Commodities, Stocks, Indices and the Random Index and Quotidians Market.
Customer Support
Customer support was available 24 hours a day from Monday to Friday. Basically, traders could choose from emailing them, calling them or requesting a call back.
Contact telephone numbers were region specific. If you checked the ‘Contact Us’ page, the number for your region would be displayed.
Reliability
Because Binary.com was operating as an online gaming platform, they were regulated by the gaming regulatory authorities in Malta and the Isle of Man for a period.
Mobile App
The mobile app was another strong offering. As with the rest of the trading experience, the app retained the binary.com look and feel.
The unique trading platform stayed the same on the mobile version, and the company ensured that the app was optimized for each particular device and operating system.
The android app for example, had been designed to maximize the abilities of android devices. Likewise Apple products such as the iPad and iPhone will see features unique to that operating system.
This attention to detail is a large part of what kept this brand at the sharp end of the binary options industry.
The mobile app delivered a slick, but easy to use trading platform for ensuring traders could make and maintain trades at any time. It was another plus for the firm.
MetaTrader
The metatrader options at Binary.com included three account types, formerly Standard, Advanced and Synthetic Indices, the account choices then became:
- MT5 Financial
- MT5 Financial STP
- MT5 Synthetic
These accounts offered CFD trading on cutting edge platforms, on par with more traditional online cfd brokers.
Robot
Binary.com offered their ‘Binary Bot’ service, which is another innovative feature. The leading brokers were all rushing to make similar features available. It gave traders the ability to configure and build their own auto trader.
So traders could build an automated trading robot, based on their own system or winning strategy. They could then set the robot ‘live’ to trade whenever the market conditions trigger the criteria laid out by the trader. The building tool had a great walk through demo before traders were let loose with it – and best of all, it could be tested before you sign up or login with a live account. So it could be tried out risk free. Here is the robot builder screen:
Was Binary.com a Scam?
Binary.com was one of the respected brands in binary options. They were started and grown by well respected traders and became a multinational corporation that did not need to indulge in ‘scam’ behavior that we’ve seen elsewhere in the industry.
Bonus
Binary.com withdrew their deposit bonus offer.
Strategy
Strategy needed to be thought about in a distinct way for Binary.com. The method of selecting expiry time was unique, and so any winning strategy needed to consider that.
The flexibility offered by both the trading platform and the software itself (in terms of expiry, and contracts) meant that winning trades could be within the grasp of traders willing to put in the time and effort to hone their strategy.
This was one of the main reasons why this particular broker remained the favored choice of many advanced traders. The firm delivered a range of advanced platforms too – offering both MT4 and MT5 (MetaTrader) integration – and the innovative auto trader “Binary Bot” tool.
Tick trade strategy is something that was only possible with Binary.com, and the tick trade platform is not something that has been replicated elsewhere as effectively.
Specific strategies however, need a section of their own, so for those looking to read up on existing systems, take a look at our binary strategy guide.
Review Conclusions
Pros
- Advanced Charting Tool
- Demo Account
- Exciting Trade Contracts
- Extensive Asset List
- Flexible Trading Conditions
- Good Support Services
- High Returns
- Long Operational History
- Simple Trading Platform
- Low Minimum Deposit Requirement
The fact is I was won over by what Binary.com had to offer to its clients. They made it easy to open a live account by setting a low minimum deposit of just $/£/€ 5 (depending on your currency of choice).
In addition, their trading platform was unique with charting tools as advanced as a dedicated Meta Trader platform (both mt4 and now mt5).
Their long operational history and the fact that they were a subsidiary of a larger entity gave our team the peace of mind to trade with them.
The products offered on the Binary.com website included binary options, contracts for difference (“CFDs”) and other complex derivatives. Trading binary options may not be suitable for everyone. Trading CFDs carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, the products offered on the website may not be suitable for all investors because of the risk of losing all of your invested capital. You should never invest money that you cannot afford to lose, and never trade with borrowed money. Before trading in the complex products offered, please be sure to understand the risks involved.
Binary.com Details
| Awards |
|
|---|---|
| Instruments | Binary Options, Forex, CFD, Stocks, Crypto |
| Demo Account | Yes |
| Minimum Deposit | $5 |
| Minimum Trade | $1 |
| Payout | 91% |
| Ladder Binary Options | Yes |
| Boundary Binary Options | Yes |
| Payment Methods |
|
| Regulator | MGA, SC |
| Mobile Apps | iOS, Android |
| Auto Trading | Binary.com offer a self build robot feature to design, test and implement automated trading strategies |
| Copy Trading | No |
| Social Trading | No |
| Margin Trading | No |
| MetaTrader 4 | No |
| MetaTrader 5 | Yes |
| cTrader | No |
| AlgoTrader | No |
| OmniTrader | No |
| TradingView | No |
| Autochartist | No |
| eSignal | No |
| Trading Central | No |
| STP Account | No |
| ECN Account | No |
| DMA Account | No |
| MAM Account | No |
| PAMM Account | No |
| LAMM Account | No |
| Demat Account | No |
| AI / Machine Learning | No |
| Robo Advisor | No |
| Negative Balance Protection | No |
| Market Maker | No |
| P2P Trading | No |
| Spot Trading | No |
| VPS Hosting | No |
| Tournaments | No |
| Demo Competitions | No |
| Ethical Investing | No |
| Islamic Account | No |
| Account Currencies |
|
| CFD Trading | Yes |
| CFD Leverage | 1:1000 |
| CFD FTSE Spread | 1 pt var |
| CFD GBPUSD Spread | 1 pip var |
| CFD Oil Spread | 3 pips var |
| Forex Trading | Yes |
| Forex GBPUSD Spread | 1 pip var |
| Forex EURUSD Spread | 0.5 pip var |
| Forex EURGBP Spread | 1 pip var |
| Forex Assets | 45+ |
| Crypto Trading | Yes |
| Crypto Spread | BTC 2%, ETH 3% |
| Crypto Coins |
|
| Crypto Lending | No |
| Crypto Mining | No |
| Crypto Staking | No |
| Crypto Auto Market Maker | No |
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