Every year, more and more binary options broker are coming out to provide service to traders. One of the newcomers in the field is Binary360 Binary Options Trading Broker. Binary 360 has headquarters located in Cyprus, Europe and its support team are in Cape Town, South Africa. Last April 2012, Binary360 made its entrance in the field of binary options trading brokerage. Ever since, it has displayed strengths which are vital for its growth.
Software and Features
Binary360 is powered by Spot Option but is hoping to become one of the first to be licensed through CySEC. One of the best features of Binary360 is the focus they put in providing the traders materials that they need to have a better chance in the market. In Binary360.com, you’ll get access to reports, both weekly and daily, which aims to give information to binary traders. Their trading platform is 100% web based. You don’t need to download any software nor is previous experience required. Binary360.com offers a very user-friendly interface too. At the time of this Binary360 review, they do not include a demo account yet but they have a comprehensive introduction video available in their website. Additional features include Touch, Option Builder, and 60 Second Binary Options. Binary360 bonus includes a 100% match of up to $300. Traders can choose from 3 languages: German, English and Spanish. They also offer 24-hour chat, phone and email services.
Option Types Offered
Four option types are offered in Binary360.com. This includes stocks, currencies, commodities and indices. Traders can choose from 29 stocks, 15 currencies, 7 commodities, and 24 indices. What’s great about Binary 360 is that its user-interface is very simple. Even one with no previous experience with trading will know what to do. You can simply follow your trades by viewing “Today’s Open Positions”. Plus, you can also choose to double up or roll over. This Binary360 review simply shows the promised versatility of the company.
Account Types Offered
Binary 360 offers new traders a chance to enter the market. They only require a minimum deposit of $200 to start trading. There is also a Binary360 bonus once a friend is referred and deposits $200. Both will receive an amount of $50. With $200, at least 10 trades can be done continuously. Plus, the current offered returns is 85% of the invested amount. The payout will of course be different for different assets. Plus, if you hold a VIP account, you can access personal market analysis which can be mailed to you every day.
Binary360 offers a competitive style amongst brokers. Plus, with the services they offer, it is perfect for new traders to get started in. Aside from that, it focuses on using new tools for trading. It provides both comfort and flexibility to its traders which one cannot find in other brokers.