( Review 2021 – Everything You Need To Know
Founded in1999
Support TypesEmail, Chat, Phone
LanguagesEN, ES, FR, IN, IT, PO, PT, PY, TV, CN
Minimum Deposit$5
Demo AccountYes
Deposit MethodsBitcoin, Credit/Debit card, Skrill, Neteller, Perfect Money, Web Money, Wire transfer, Fasapay, Qiwi, Airtm
Mobile AppYes
General Note4.6/5

Summary began operating in 2000 as Regent Markets under the trade name Over the years, has won multiple awards in financial markets. was rebranded as in 2013, and in 2020 the broker was rebranded as For the purpose of this review, we are going to refer to the broker as as this is how most people still label it. 

Although initially created to offer binary options only, now provides access to several other markets including Forex and CFDs on cryptocurrencies, indices, and commodities. In total, the number of assets available for trade is not that impressive, but makes up for the deficit by being one of the few remaining binary options brokers. is a good platform if you are looking for a regulated broker to trade digital options.

Opening an Account offers several types of accounts. The broker is both a marker maker and an STP broker.

Demo Account

Once you confirm your email address, you get a demo account with a virtual balance of $10,000. This demo account allows you to trade all markets offered by from either the SmartTrader or WebTrader. 

Live Account

Opening a live account requires providing your personal information including full name, address, and phone number. Then you will be asked to select your account base currency, which can either be in fiat or crypto. 

Fiat currency options include USD, GBP, EUR, and AUD, while crypto options include BTC, ETH, LTC, and USDT. After making a cash deposit, you will be able to trade using either the SmartTrader, WebTrader, or Binary Bot platforms.

Your choice of account base currency will be important because conversion fees apply when converting from one currency to another. For instance, if you usually trade cryptocurrencies but have a fiat account base currency, you will be charged each time for converting fiat to crypto. Such costs can add up and eat into your profits if you aren’t careful. 

Metatrader Account

You can also open a Metatrader 5 account after confirming your email address. This can either be a demo or real MT5 account, both falling into 3 different categories.

Financial MT5 Account

This account often uses order matching to process orders from clients. For instance, when one trader places an order to buy one lot of the EUR/USD pair, will match that order with that from another client who wishes to sell the same currency pair. has a huge client base that can facilitate such transactions. Alternatively, the broker can act as a market maker for the assets listed. 

Such a system allows to raise leverage up to a maximum of 1:1000, significantly higher than many other brokers. Charges are made in the form of spreads, which are variable depending on volatility in the markets. Furthermore, orders are executed quickly and you are unlikely to suffer from any slippage. 

Financial STP MT5 Account

Unlike the regular financial account, financial STP accounts transfer client orders to the interbank market. Trades are executed at more favourable rates because liquidity providers use the most accurate market prices. This system is referred to as instant execution, and is preferred by investors who want to receive interbank market quotes. 

However, slippage can occur if there is a lot of volatility in the financial markets. If prices fluctuate before an order is executed, you may receive different quotes. That can work in or against your favour depending on the market movement. The leverage is lowered at a maximum of 1:100 on the Financial STP MT5 account. 

Synthetic MT5 Account

Aside from common assets that can be offered by any broker, provides a unique asset referred to as synthetic indices. Synthetic index prices are not based on any real assets but are rather generated randomly through computer algorithms. 

The goal of synthetic assets is to imitate real-world market movements based on historical data. For this reason, you are able to trade synthetic indices from’s MT5 account 24/7. Leverage of up to 1:1000 is applied for these assets as well. 

Deposit and Withdrawal

At, you can use your credit cards, make a wire transfer, or use a variety of e-wallets. Your choice of funding method should also be informed by your account base currency to save on conversion costs. The broker does not offer a deposit bonus.

Credit/Debit Cards allows the use of both credit and debit cards from Visa or MasterCard. The minimum deposit allowed for these methods is $10 or equivalent in another currency. Meanwhile, the maximum amount you can deposit by credit/debit card is $10,000 or equivalent in EUR, GBP, and AUD. 

Card deposits will be processed immediately on your live account, and you can start trading with it. Withdrawals will take longer, being processed within one working day. The withdrawn cash will be available on your credit card after some time depending on your credit card provider. 

Wire Transfer 

International bank transfers are also accepted by this broker if that’s what you prefer. Some traders prefer wire transfers if they want to make larger deposits and withdrawals. However, it takes time to process such transactions, and can be up to 2 business days. The minimum deposit and withdrawal amount through this method is $500 or equivalent in GBP, EUR, or AUD. 

In some regions, local deposit systems have been developed. For instance, Paytrust88, Help2Pay, and DragonPhoenix are popular in Southeast Asia. The minimum deposit for Paytrust88 is $25 while Help2Pay and DragonPhoenix have a $10 minimum deposit requirement. In addition, ZingPay is available for traders in South Africa, and there is a minimum deposit requirement of $10 or equivalent in GBP, EUR, or AUD. 

The above online payment solutions allow for instant deposits, but withdrawals will take at least one business day. Furthermore, these services are limited to specific regions and countries, so they may not be available to everyone. 


E-wallets are replacing traditional payment services as traders try to avoid sharing personal financial information online. has embraced these services wholeheartedly and accommodates all of the most popular e-wallets. These include Skrill, Neteller, WebMoney, Perfect Money, FasaPay, Qiwi, Jeton, Sticpay, and Airtm. 

All of the above e-wallets support instant deposits, though withdrawals may take up to 2 business days. Moreover, e-wallets require a minimum of $5 to enable quick account funding. 


It is also possible to deposit through cryptocurrencies such as Bitcoin, Litecoin, Ethereum, and Tether. Processing time for each of these methods will vary from the other, but three confirmations are needed on the corresponding blockchain to confirm the deposit. 

Fees does not charge fees on binary options. However, a spread is charged with CFDs.

Each binary options trade will have a pay out percentage based on the broker’s assessment of the market conditions. For example, making the right prediction on the value of oil in 24 hours could have an 80% payout ratio. If your prediction is right, then you earn $80 on a $100 trade. If you’re wrong, you just need to sell your contract to cut your losses at the current market price. charges a spread for other markets such as Forex, commodities and indices. At this time, provides limited data on Forex and CFD fees. 

Trading Platform

At, you can trade on several different platforms including SmartTrader, WebTrader, Metatrader 5 (MT5), DTrader, and Binary Bot.

Most of your time will be spent on the trading platform, so it’s important that you feel comfortable with the interface. Each platform has a unique set of pros and cons, and this is all you need to know about each of these platforms.


When you sign up for an account with, SmartTrader will be the first trading platform you will encounter. It is meant to be simple and easy to use, which it is. The interface is simple enough, but still capable of giving traders access to all of the assets offered by the broker. ( SmartTrader

To place a trade, you select the asset you are interested in from the drop-down menu. A price chart is also available, containing basic charting tools. From these, it should be possible to determine the direction of the market and place an order. 

SmartTrader is meant only for trading binary options. 


For a trader who wants more sophisticated charting tools, offers WebTrader. Compared to SmartTrader, the WebTrader has significantly more charting tools which can be used to analyse markets. ( WebTrader

This is ideal for a professional trader who wants to make more informed trades. Just like SmartTrader, the WebTrader also is only meant for binary options and offers a good trading experience. 

Binary Bot

Trading algorithms and bots have become very popular nowadays, and developers are always tweaking these programs for better performance. Most traders, however, do not know how to create bots as it requires at least some coding knowledge. ( AlBinary Bot

Instead of building a trading bot from the ground up using lines of code, binary bot allows you to take advantage of entire blocks of code. When these blocks are combined, you can create your own trading bot without any coding knowledge. 

Once you have created your bot, you can then integrate it into your trading account and have it place trades on your behalf. Desktop App

To really take advantage of superior hardware on your personal computer, you must have the desktop app installed. The desktop app is available for both PC and Mac to cater to all users. With the app, traders will have access to all the necessary charting tools. The desktop app allows for access to all markets provided by including binary options, Forex, indices, and commodities. 

Metatrader 5 (MT5)

Metatrader is one of the most popular trading platforms in the world. As such, most traders are familiar with the platform’s interface and may prefer to keep using it. If you have already learned to trade on Metatrader, using MT5 from will be easier to use than learning a new trading platform like the desktop app. ( Metatrader 5 (MT5)

Besides, MT5 is a powerful trading platform with all the necessary charting tools. Most of all, users of Metatrader platforms receive numerous free algorithms and bots thanks to a robust trading community. On the other hand, MT5 does not facilitate binary options trading, leaving users with access to the other markets only. 

Deriv Trader (DTrader)

This is another web-based platform that can be accessed by’s clients. Compared to the WebTrader, it has a simpler interface that is easier to use and understand even for a new trader. Just like the WebTrader, though, it only provides binary options and none of the other markets. ( Deriv Trader (DTrader)

Mobile App

Mobile trading is essential for any broker as it enables clients to continue trading even while away from their trading desks. Metatrader 5 is available on both Android and iOS mobile devices, allowing users of the platform to keep trading on their mobile devices. ( Mobile App also developed the proprietary Tick Trade app for Android devices to cater to binary options traders. 

TradingView and SmartCharts

Although most of the above platforms allow for market analysis through charting, some tools are much more effective in this regard. This is why clients can access both TradingView and SmartCharts for deeper analysis of price charts. 

Markets and Products used to be a dedicated binary options broker, but it now offers access to other markets such as Forex, indices, and commodities. 

MarketsAssets (examples)
CryptocurrenciesBTC/USD, LTC/USD, ETH/USD
IndicesDAX, CAC 40, S&P 500
Synthetic indicesBoom 50, Crash 500, Volatility 75
CommoditiesGold, Oil, Silver

Binary Options

Perhaps the simplest market to trade, binary options traders only need to determine if the market prices will go up or down by a certain date or time in the future. It is this simple up/down concept that attracts many traders, though the industry is criticised for being a lot like gambling. Besides the up/down options, you can find the options below.

  • Higher/lower than a particular price
  • Touch/no touch a specific price point
  • Ends between/ends outside a certain price range
  • Stays between/goes outside a given price range

Binary option trades can be made on any asset offered by this broker. If the prediction comes true, you will receive a percentage payout depending on the market. For instance, if the payout is 90% and you make a correct prediction with $100, you will receive a $90 profit. Otherwise, the entire amount is lost. For some options, it will be possible to close the position before its expiration to take partial loss.

Forex Pairs

The Forex market is enormous and is thus favoured because it has a deep liquidity that keeps fees low and execution speeds high. Clients who sign up for a Financial Account get access to a Forex market including major and minor currency pairs. 

Forex trading can be in either standard or micro-lot form. A standard lot consists of 100,000 units while a micro-lot represents 1,000 units. As a result, the margin required for initiating a micro-lot position is much lower, allowing traders with less capital to trade without taking on too much risk.

Indices and Synthetic Indices

Stock indices are an average measure of the performance of all assets included. has 12 stock indices covering American, European, and Asian indices such as the FTSE 100, DAX 30, etc. Computer programs can also be used to simulate market fluctuations, which leads to the creation of synthetic indices.


The commodity market is another major financial space and includes assets like oil, gold, silver, and palladium. It is important to note that only offers these commodities as CFDs, meaning that you don’t actually buy the product, but only track the value of the asset. These are therefore known as derivative products. 


You won’t be able to buy real coins on But the broker allows you to take positions on crypto currency pairs such as BTC/USD or ETH/USD. Cryptocurrency trading is based on the same principle as trading Forex currency pairs.


The integration of TradingView is a major advantage when analyzing financial instruments listed on’s various proprietary platforms provide a number of technical analysis tools: indicators and drawing tools. For more advanced research, traders can use Metatrader and TradingView, which can be used to analyze synthetic indices. 

However, the broker provides very few resources for fundamental analysis. There is not a team of experts to do daily analysis or give advice. Nor is there any third-party news provider.

A number of auto trading robots are available on the broker’s marketplace.

Customer Service

Contacting customer service at is not as easy as it’s supposed to be. 

Live Chat initially only gives you access to a chat bot that answers common customer questions. We could not reach an actual human, despite trying several times. You can still contact the broker by email or by phone.


Although has made some learning resources available, the information is not so easy to understand. 

There are several eBooks you can download for free, but the information is dense and difficult to unpack. It would have been easier for new traders if the broker had created more detailed articles or video tutorials as some others have done. 


Financial regulators act as the referees in financial markets, ensuring fair play and client safety. The good news is that has several offices around the world and is regulated by multiple bodies.

This is possible through the broker’s subsidiaries:

In addition to the above, also became a member of the Financial Commission (FinaCom) in June 2020. It is now one of 48 retail brokers around the world regulated by FinaCom, and guarantees its clients with compensation of up to €20,000. 

All clients benefit from this protection as soon as they reside in one of the accepted countries. does not support the following countries:

  • United States
  • Malaysia
  • Hong Kong
  • Iran.

The Financial Commission is proving to be a reliable regulator, but it does not have as much legal power as state regulators. That being said,’s clients should feel safe that they have somewhere to report their grievances, especially because the broker is regulated by several entities. 


Competition is tough for online retail brokers because there are many companies seeking the same customers. is a standout in the industry because it still offers binary options when most brokers do not. This does give the broker an edge over many others.

As a Forex and CFD broker, doesn’t have any other unique features to set it apart. But it’s still a solid choice for most traders who want to take advantage of a professional trading environment.


Is regulated?

Yes. is a member of the Financial Commission (FinaCom) as well as having regulated subsidiaries in Malaysia, Malta, British Virgin Islands, Vanuatu, St. Vincent and the Grenadines.

How do you open a binary account?

From the home page, you can open an account in 2 clicks with your email, Facebook or Google.

Is binary com safe?

Yes, the broker has been operating since 1999 and is watched by several market regulators.

What is a binary account?

A binary option account is a trading account that allows you to easily trade financial instruments.

How does make money? applies a spread on Forex currency pairs and CFDs.

What is the minimum deposit to open an account?

The minimum deposit is $5.

Trading Smart
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