247Binary Review

Company Information

As the name of the company suggests, 247Binary are trying to give their traders the most professional and enjoyable binary options trading experience 24 hours a day and 7 days a week.

They provide the most secure and fastest way to trade binary options on their platform and offer more tradable assets and option types than any other broker. Nowadays binary options is the fastest growing form of international trading; at the same time they are a fun way to earn potential payouts of up to 81% on a professional binary options platform that is friendly and easy to use.

Binary Options Trading with 247Binary

247Binary gives traders an opportunity to trade over 130 assets including Forex, commodities, stocks and indices with different Option Types of various expiry periods from 30 Seconds to a year or even more.

In fact, 247Binary is one of the first binary options brokers to offer 30 Second and 120 Second Options in addition to the very popular 60 Second Options.

247Binary gives traders an opportunity to trade over 130 assets including Forex, commodities, stocks and indices with different Option Types of various expiry periods from 30 Seconds to a year or even more.

You can trade traditional digital Call/Put options, One Touch and 60 Seconds as well as Option Builder and very useful features like Double Up and Rollover.

247Binary Trading Instruments

One Touch options offer maximum profits on your investments – up to 550% per trade. A trader decides if the price of an asset will touch a higher or lower price point within a predetermined time window. The price point the asset must touch is set by the broker.

Option Builder gives you freedom to select more than only an asset you want to trade. It helps investors to build their own trading style according to their wishes. Here, they can select the expiry time, profit/risk percentage except an asset and the investment amount.

Probably a trader will need Double Up, a feature that helps to create a new position with the same conditions inside the first trade. You can really double your profits if you are sure that the asset price will go in the way you predicted. Please note that you should not use this feature too often, as a rule, brokers do not like it.

Rollover allows you postpone the expiry time of an option, giving the position a chance to change the direction you chose. It gives a trader an opportunity to get it right and close the trade “In the Money”. Note: Rollover is available up to 10 minutes before expiration time and can be used once per open position.

Account Details

It is very simple to open a trading account with 247Binary. You fill in with personal information, click Save and Continue and follow the further instructions. You can trade with real money after making the first deposit.

The company supports leading deposit and withdrawals methods. All the procedures are held maximum fast and secure for traders, that`s why 247Binary are always working on to provide their clients with the best service. Investors should be aware that their personal and financial information is completely confidential.

247Binary supports most of credit and debit cards like Visa, MasterCard, Delta, Diners, Maestro, Maestro UK (Switch and Solo), Visa Electron; wire, Moneybookers (Skrill) and CashU for depositing.

The minimum deposit is $250 or 250€ depending on the currency of your trading account. Maximum amount of deposit depends on the method you chose and is $5000 in case of credit card or $10000 through Western Union or unlimited – if you use wire transfer while depositing.

The processing of a credit card withdrawal typically takes between 1-2 business days. If you decide to withdraw money through Moneybookers it will take 1 day for you. The minimum withdrawal amount is set as $100 or 100€. Do not forget that during wire there is a fee of $25 for each withdrawal procedure.

Bonuses

At the moment 247Binary offers a great welcome bonus for traders while depositing for the first time. This means that if you decide to open a new trading account and make the first deposit in the amount of $2000, the broker will fund your balance with additional $1000 that allows you to trade with $3000 easily instead of $2000. It is a great chance for you to increase incomes and have the extra trading leverage. From another side, be always careful because all the brokers note that trading binary options involves certain level of risks to loose even the whole capital.

Note: in order to withdraw welcome bonus you have to trade minimum 20 times the bonus amount + deposit amount. For example: (deposit+bonus)*20=withdrawal.

Security

247Binary managed to build a top notch platform with clients` data security as a primary concern. The broker uses the SSL Encryption Technology (Secure Sockets Layer) that is very popular in the international banks and financial institutions to provide confidence and security of trading accounts and its data as well as all transactions.

Support

You can get in touch with the broker by email, chat and by phone.

247Binary provides strong support for all level traders with adequate knowledge from professionals that can guide a trader through moments a trade can present. The company supports traders with all the tools and resources they need for trading success. Investors can visit a FREE Educational Resource Center that is available to all visitors of 24/7 Binary and 24/7 Binary Academy.

With 247Binary you can learn all about the exciting and lucrative world of binary options including methods for Risk Management and Portfolio Planning, how to understand and capitalize on technical and fundamental analysis, and advanced strategies to trade binary options like a real financial professional.