BinaryBook -Overview of Minimum Deposit, Tranding Platform

General Information & Regulation

BinaryBook is a relatively new binary options broker. Based in London and Anguilla, BinaryBook offers a user-friendly trading platform with a variety of assets such as stocks, commodities, indices and currencies. BinaryBook.com is one of the few binary option brokers that accept U.S. clients. Nevertheless, BinaryBook does not fall under any regulation at this stage.

Market Instruments

Tradable financial instruments available on the BinaryBook platform include stocks, commodities, indices, and forex currency pairs.

Minimum Deposit

There are five different account types to choose from at BinaryBook. To start the Micro Account, a $250 deposit is required. Although the minimum initial deposit seems reasonable, it is unsafe to trade with this broker given the fact that it is unregulated.

Trading Platform Available

BinaryBook uses its own proprietary trading platform where traders can trade binary options in currencies, commodities stocks and indices from anywhere they happen to be. Besides, BinaryBook has just introduced its mobile application. Its available at the app store and on Google play and is free of charge.

Deposit & Withdrawal

Most credit cards and debit cards such as Visa, Delta, MasterCard, Diners, Visa Electron, Maestro, Maestro UK (Switch) and Solo are accepted as well as bank transfers and Neteller, cashU, Webmoney and UnionPay. Withdrawals are executed by sending a request via email. A minimum withdrawal is $100 but there is no limit to the amount that can be withdrawn from a trading account.

Customer Service

The BinaryBook website and customer support are available in English, Arabic and Turkish. Support is provided through Chat, emails or phone to numbers in the UK and Bahrain. I contacted the Chat service for a query about trading and received a quick and informative response.