Binary.com/Deriv a Scam Platform Or Not? - Here are the reviews and tests
We will find out in this review and give you a professional overview of the company Binary.com/Deriv. Binay.com/Deriv is It is famous for trading Forex and Binary Options for international investments. Established in 2000 the company gain a track record in online trading. Here we will show you how the platform works and find out if you should invest your money or not.
History of Binary.com/Deriv company
Binary.com was founded in 1999, in 2000, the company began operating under the old names (Betonmarkets.com) and (Xodds.com). Company It reached different milestones and attracted an increasing customer base to date. We can clearly see the history of a very amazing group on the Binary.com website. Binary.com expanding internationally and collecting different licenses for financial trading to serve clients from all over the world.
In 2013 the company changed its name to (Binary.com) and achieved a turnover in 2014 of 2 billion USD since 1999. Since the platform is unique and offers excellent conditions, it's no wonder that more and more customers want to trade with Binary.com/Deriv. For now, the platform Binay.com/Deriv manage offices in Japan, Kuala Lumpur, Dubai, Paraguay, and other countries.Is the platform Binary.com/Deriv regulated?
Before you sign up with any online broker including Binary.com/Deriv, you should check if the company is officially regulated. In this case, is a very important point to check and we will discuss it in the first part, regulation means security for traders. Because to invest in a serious company, there must be regulation.
Binary.com/Deriv is a licensed and regulated trading platform that has been active since 1999. A rule shows trust and security because the company must be legal and act based on certain laws of the regulatory authority.
Binary Investments (Europe) Ltd
Binary Investments Ltd is regulated by the Financial Services Authority of Malta (MFSA) under license number IS/70156. The company is allowed to provide its services in every European country. The company's address is W Business Centre, Level 3, Triq Dun Karm, Birkirkara, BKR 9033, Malta.
Biner (V) Ltd
International clients who trade forex and CFDs on MetaTrader 5 are managed under this license. Binary (V) Ltd is regulated by the Vanuatu Financial Services Commission (VFSC).
The address is Govant Building, Port Vila, PO Box 1276, Vanuatu, Republic of Vanuatu.
Binary (SVG) Ltd
International clients who wish to trade Binary Options trade under this license. Binary (SVG) Ltd is registered with company number 25299 BC 2019.
The addresses are Hinds Buildings, Kingstown, St. Vincent, and the Grenadines.
Biner (FX) Ltd
MetaTrader 5 clients are also served by this license. Binary (FX) Ltd is regulated by the Labuan Financial Services Authority in Malaysia. The address is Lot No. F16, First Floor, Paragon Labuan, Labuan Guild Territory.
Biner (BVI) Ltd
Binary (BVI) Ltd is regulated by the Financial Services Commission of the British Virgin Islands and customers for MetaTrader 5 forex and CFDs are under this license.
The address is Kingston Chambers, PO Box 173, Road Town, Tortola, British Virgin Islands.
So in conclusion, Binary.com platforms are multi-regulatory companies and brokers that accept international clients. Binary.com shows that more than 1 regulation is not enough and is now becoming a very trusted online broker.
Is Binary.com safe for traders?
Please note that the Binary.com Platform only uses regulated payment methods for deposits and withdrawals. We can be sure that the money will be credited. to your trading account and that withdrawal works correctly. On the platform Binary.com, the financial security of traders gets excellent results. Client funds are managed in secure and licensed financial institutions. Brokers Binary.com does not use your money to make investments.
We can get very high account security on this platform. Binary.com has a variety of options in doing our account security, and this is part of the which is very important. Here we can enable two-factor authentication for the account, this is additional security because it is almost impossible to hack
Our account. Before you log in, you must confirm your login with another device.
In addition, the Binary.com platform also provides a clear login history of your account. We can set the cashier key password to secure the deposits and withdrawals we make. The overall point is that Binary.com provides excellent security features for traders, and this is a very safe thing and has no doubt back in terms of account security.
Payment method
There are more than 15 payment methods available for deposits and withdrawals. It's a very easy thing to fund your account and make withdrawals. In addition, we can also use different electronic methods or classic bank transfers.
But let's not be surprised if there are more or fewer payment methods available than in the picture list listed above. Because sometimes the payment method can depend on our country of residence. Note that the minimum deposit is 5$ with e-wallets but other payment methods can be higher.
Test Binary.com trading platform
For professional online trading, Binary.com offers 6 different trading platforms among which are as follows:
- SmartTrader
- WebTraders
- Binary Bot
- MetaTrader 5
- Deriv
- Mobile trading with the Binary.com app
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