When it comes to trading CFDs, safety and security should be your top priorities. As an experienced trader, you know the importance of working with a regulated and licensed broker. With so many unscrupulous operators in the market, it pays to do your due diligence. Binary.com, established in 1999, is one of the most trusted names in online trading. Regulated by financial authorities around the world, Binary.com provides traders with a safe environment to trade CFDs on global markets. Their team of professionals is available 24/7 to support users in multiple languages. While trading does carry inherent risks, choosing Binary.com gives you peace of mind knowing your funds are secure. In this article, we’ll explore in detail how Binary.com keeps traders safe in the world of CFDs.
Trading Safely With a Licensed and Regulated Broker
Regulated and Licensed Globally
When trading CFDs with Binary.com, you can do so knowing your funds and personal information are secure. Binary.com is regulated and licensed by some of the world’s strictest financial authorities, including the Malta Financial Services Authority (MFSA) and the British Virgin Islands Financial Services Commission (BVI FSC).
Segregated Client Funds
Binary.com keeps client funds separate from operational funds in Tier-1 bank accounts. This means your money is not used for any purpose other than supporting your own trading activity. Your funds are also covered by investor compensation funds.
Advanced Security and Encryption
Binary.com uses the latest security protocols and SSL encryption to protect your account information, personal data, and trading activity. Two-factor authentication adds an extra layer of account protection for your peace of mind.
24/7 Professional Support
Binary.com provides 24-hour multilingual support via phone, email and live chat. Their dedicated support team can assist you with account queries, technical questions and trading advice whenever the markets are open.
Competitive Spreads and No Hidden Fees
Binary.com offers competitive spreads and transparent pricing with no hidden fees or commissions. All costs are built into the spread quoted for each trade. This allows you to fully understand the costs involved before you enter a trade.
With worldwide regulation, advanced security, dedicated support and competitive pricing, you can trade CFDs with confidence at Binary.com. Their commitment to a fair, professional and secure trading environment means you’ll have the best opportunity to maximize your potential profits.
What Is Binary.com and How Do They Operate?
Binary.com is an online trading platform founded in 1999 that allows you to trade Contracts for Difference (CFDs) on forex, stocks, commodities, and cryptocurrencies. They are regulated and licensed by the Malta Financial Services Authority and adhere to strict regulatory standards to protect traders.
Extensive Product Offering
Binary.com offers a wide range of tradable CFDs including forex pairs, stocks, commodities, and cryptocurrencies. They provide competitive spreads and high leverage up to 1000:1. You can trade CFDs on major, minor and exotic currency pairs as well as spot metals like gold and silver. They also offer CFDs on popular tech stocks, indices and commodities like crude oil.
Cutting-Edge Trading Platforms
Binary.com provides advanced web-based, desktop and mobile trading platforms so you can trade anytime and anywhere. Their platforms offer powerful charting capabilities, multiple order types, and trading tools to help you analyze the markets and place profitable trades. You can also automate your trading strategies with their MetaTrader 5 platform.
Secure and Reliable
Binary.com utilizes the latest security protocols and encryption technology to ensure a safe trading environment. They segregate client funds from operating funds and hold them in trust accounts with top-tier banks. They also offer guaranteed stop loss orders to help limit your risk. With over 2 decades of experience, you can trade with confidence knowing your funds and information are secure with Binary.com.
In summary, Binary.com is a pioneer in CFD and forex trading that provides a comprehensive trading experience through advanced platforms, a wide range of tradable products, competitive pricing and premium support. By trading with a regulated broker, you can have peace of mind that your trading capital and personal information will be protected.
Key Features of the Binary.com Trading Platform
Robust Trading Tools
To facilitate successful CFD trading, Binary.com provides you with an array of powerful trading tools. The trading platform offers advanced charting features, technical indicators, and drawing tools to analyze the markets and identify trading opportunities. You have access to candlestick charts, trend lines, Fibonacci retracements, and more. Over 50 technical indicators are available, including moving averages, Bollinger bands, and stochastic oscillators.
Flexible Trading Parameters
Binary.com allows you to customize your CFD trading experience. You can select your preferred leverage ratio, from 1:2 up to 1:1000, based on your risk tolerance. CFD contracts on stock indices and commodities are available with flexible expiry, from one day to one year. For forex CFDs, you can choose between ‘rolling’ contracts with no expiry, or daily contracts that expire at the end of each trading day.
Competitive Spreads and Trading Fees
Binary.com aims to offer competitive spreads and low trading fees. The spread refers to the difference between the buy and sell price of a CFD and represents Binary.com’s trading fee. Tight spreads allow you to buy and sell CFDs at a small cost. Binary.com does not charge any commissions on CFD trades. Overnight financing fees, however, apply if you keep a position open after market close. These fees vary based on the underlying asset and market conditions.
Secure Funds and Data
Your money and personal information are protected with Binary.com. Client funds are kept in segregated accounts at top-tier banks and are covered by strict financial controls. Stringent data security measures, including encryption protocols and multifactor authentication, help safeguard your account information and transaction data. Binary.com complies with strict regulatory requirements on the privacy, security, and handling of client data.
In summary, the Binary.com trading platform provides professional and recreational traders with the tools, features, and safeguards to confidently trade CFDs on global financial markets. By customizing your trading parameters and analyzing the markets with advanced tools, you can develop effective trading strategies to capitalize on price movements across a range of asset classes.
Trading CFDs and Forex Pairs on Binary.com
CFDs on Stocks, Indices and Commodities
Binary.com offers contracts for difference (CFDs) on stocks, stock indices and commodities like gold and oil. CFDs allow you to speculate on price movements of the underlying assets without actually owning the assets. When trading CFDs on Binary.com, you can go long or short to potentially profit from rising or falling markets. The leverage provided can magnify both profits and losses.
Major Currency Pairs and Exotic Forex Pairs
You can also trade forex on Binary.com using CFDs and access over 30 major, minor and exotic currency pairs.The major pairs like EUR/USD and GBP/USD are the most liquid and widely traded. The exotic pairs, such as USD/TRY and EUR/PLN, provide more opportunity for high volatility and larger price swings. Binary.com does not charge any commissions on CFD and forex trades. We make money on the spread, which is the difference between the buy and sell price. Spreads are competitive and tight, providing high liquidity.
Powerful Trading Tools
Binary.com offers a suite of trading tools to help analyze the markets and place trades. You have access to charts with multiple timeframes, indicators and drawing tools. Our trading platforms also provide live news and market data to keep you informed. You can set price alerts to notify you of market moves and use features like deal cancelation to manage your risk. For forex traders, we offer trading tools like the Economic Calendar and the Currency Heat Map.
Binary.com aims to provide a safe, regulated and user-friendly trading environment. Our CFD and forex trading services are suitable for both new and experienced traders. You can start trading with a small initial deposit and low spread. 24-hour support is available if you have any questions. Open a free account and start trading CFDs and forex pairs on Binary.com today.
Is Binary.com Right for You? FAQs on Safety and Regulation
Licensed and Regulated
Binary.com holds operating licenses from multiple regulatory bodies to provide trading services legally and ethically. The company is licensed and regulated by the Malta Gaming Authority as well as the British Gambling Commission. These regulators oversee Binary.com’s operations and ensure the company adheres to strict standards of consumer protection, fair trading, and proper handling of client funds.
Segregated Client Funds
Binary.com keeps client funds separate from operating funds in segregated accounts with reputable banks. This means client deposits are not used for any purpose other than funding client trading accounts and withdrawals. Your money is not at risk of being lost or invested by Binary.com.
Advanced Security
Binary.com utilizes industry-leading security protocols and encryption technology to protect client data, personal information, and funds. The website and trading platforms use SSL encryption, and two-factor authentication is available to further secure client accounts.
Responsible Trading
Binary.com promotes responsible trading through investor education and protection tools. Resources on the website teach new traders how to develop a trading plan, manage risk, and avoid common mistakes. Clients can also set limits on trade sizes, daily losses, and other parameters to help control risks.
24/7 Support
Binary.com provides 24-hour support via phone, email, and live chat. Support specialists are available around the clock to assist clients with technical issues, trading questions, withdrawals, and all other concerns. Support is offered in multiple languages including English, Chinese, Spanish, and more.
Between licensure from leading regulators, safeguarding of client funds, advanced security, responsible trading amenities, and 24/7 multilingual support, Binary.com offers a safe, ethical, and responsible trading environment for new and experienced traders alike. The company is committed to fair practices, investor protection, and upholding high standards of conduct within the trading services industry.
Conclusion
As a retail investor, you want to feel confident that your money is in safe hands when trading CFDs. With over 20 years of experience and 2.5 million users worldwide, Binary.com offers a licensed and regulated platform to trade on global financial markets. Their oversight by financial authorities like the UK’s FCA ensures practices adhere to strict standards. So next time you log in to your Binary.com account, you can trade CFDs with the peace of mind that comes from working with an established, reputable broker. With 24/7 multilingual support and tight spreads, Binary.com gives you an ideal environment to pursue your trading goals.
