Brokers » All You Need to Know About PlusBinary Binary Options Broker

All You Need to Know About PlusBinary Binary Options Broker

All You Need to Know About PlusBinary Binary Options Broker

Established in 2014 as a private investment firm, PlusBinary’s primary aim is to create a safe and secure environment for all types of binary options traders, helping them to manage their risk while maximising their profits by using their trading platform. Founded by a team of experts in the binary options trading industry with many combined years of experience, PlusBinary offers brokerage services to traders across 8 countries worldwide and are constantly expanding their customer portfolio. They strive to provide the same high quality service to traders of all kinds, regardless of their experience or investment amount, ensuring that all account holders benefit from a high level of customer service whether they are a VIP or a small account holder. PlusBinary is one of the most popular Spanish speaking binary options brokers and offers a host of benefits including higher than average payouts.

PlusBinary Trading Platform, Software and Features

The PlusBinary trading platform is powered by HelloBinary, a recent addition to the binary options trading software industry. While this platform has a fairly user friendly interface, it does have some initial difficulties, the most obvious of which being its lack of mobile optimisation making it only really suitable for those traders who are office based and not such a good bet for traders on the move. One of the advantages of PlusBinary is their education centre, which aims to inform newcomers to binary options trading about the workings of the trading platform. While the information supplied may be a little too basic for experienced traders, it still provides some useful training materials.

What Customer Support Systems Does PlusBinary Offer?

Customer support is always an important feature when choosing a binary options trading broker and PlusBinary do offer a range of contact methods. Online live chat is available 24 hours a day and there is also a telephone helpline as well as an email contact address and online contact form. The PlusBinary website also has a helpful questions and answers section so rapid answers to basic queries can be found.

Which Types of Trading Account are Available Through PlusBinary Binary Options Trading Broker?

As would be expected, PlusBinary offer the option to testing out their trading platform by opening a demo account. This allows potential traders to experiment to their heart’s content before committing any funds to an actual account. There are also five different account types available to traders with the most basic option being available those who deposit a minimum amount of 200 Euros and a Silver option for those depositing over 1,000 Euros into their account. There are also higher level trading accounts with increased benefits, bonuses, training materials and access to the VIP membership club. Those who deposit more than 3,000 Euros can enjoy a one on one training session to enable them to get the most out of their trading experience and to maximise their profits.

Which Option Types Can be Traded?

There is only a limited number of tradable options at the present time available through PlusBinary as the trading platform is still quite new and in a developmental stage of functionality. At present there are 50 options to choose from including assets such as stocks, commodities, currencies and indices and primarily these are focused on the Spain and general European area. The payouts however are higher than average through PlusBinary and this makes them a popular choice among traders.

Which Banking Options are Available Through PlusBinary?

PlusBinary do offer a selection of traditional banking methods as well as one or two modern e-wallet options although PayPal is not currently permitted. Major debit and credit cards such as Mastercard and Visa are accepted as are Skrill (Moneybookers) and bank transfers. Withdrawals are sent either back to the original payment card or into the nominated bank account and there are three currencies available for deposit, US Dollars, Euros and Pounds Sterling. There is a minimum deposit of $100 while the maximum is $5000 per day.

Do PlusBinary Offer the Best Binary Options Bonuses?

One of the major factors that traders are searching for when selecting a binary options trading broker is the best binary options bonuses and PlusBinary do not disappoint with a number of bonuses on offer. There is a 100% bonus on offer for the initial deposit into a new account as well as numerous other bonuses which may be offered to individual traders or at different times. These include possible cash back bonuses, a first trade risk free bonus, occasional immediate cash bonuses and trade insurance bonuses. The variety of bonuses on offer from PlusBinary makes them an excellent choice when choosing a broker that offers the best binary options bonuses.

Is PlusBinary a Good Choice of Binary Options Trading Broker?

There are a lot of advantages to choosing PlusBinary as your primary binary options trading broker, not the least of these being the higher than average payouts and the excellent choice of bonuses available to traders. The range of educational resources available, while not quite as thorough as those provided by other brokers are better for those who invest higher sums and the customer service options are varied and convenient. There are however one or two downsides. The trading platform, while easy to use, is currently not as advanced as that offered by some of PlusBinary’s competitors and therefore does not have the breadth of trading assets available on some other trading platforms. The lack of a mobile optimised interface is another drawback when it comes to choosing PlusBinary, especially if you are a trader who enjoys checking their assets while on the move. There are also a limited number of payment and withdrawal methods, especially for those who prefer to use e-wallet methods for the added layer of security and anonymity that they provide. As the HelloBinary platform is currently evolving and in a stage of development, it is likely to improve with time and PlusBinary is therefore becoming an ever more popular choice of binary options trading broker, especially in the Spanish speaking world.