Broker Review 360BinaryOption

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  • Binarium
    Binarium

    Best Binary Broker!
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  • Binomo
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Broker Review: 360BinaryOption

Today I’m looking at a relatively unknown brokerage that claims to make the dreams of traders come true, 360BinaryOption. Considering this is a brokerage, I’m not sure how they plan on making anyone’s dreams come true, but it’s likely in compliance with some sort of account management program they recommend to their clients. Every single account plan comes with either a junior or executive broker, so I don’t believe that this is a far-fetched assumption at all.

The brokerage is located at Cambridge Mercantile Corp. 1776 I St NW #900. I’m not exactly sure where this is, due to the amount of short forms provided. That being said, traders can contact support via phone at +16282252408 or email [email protected].

360BinaryOption Review

There are quite a few other brokers and binary options products with similar names, but 360BinaryOption is not to be confused with Binary Options 360, Trade360, or BinaryRobot365. These are all separate entities, which need to be treated separately. In this case, the brokerages is focused on providing a “premium platform packed with tool designed with you, the trader in mind.” They want the community to judge their services based on the winners, and not the losers. I’m not exactly sure what that means, and I’m not impressed by the fact that they are spelling losers wrong.

There are 4 main aspects to the service, that the sales page highlights. They tell us that they provide a quick payout, that their platform is easy to trade with, that they have multiple payment platforms and 24/7 customer support.

Outside of these few bullet points, with a couple sentences to go along with each, the brokerage provides us with very little information at all. They don’t give us information about their payouts, their asset index, or any of the other normal features that all brokerages provide to the public. I’m not sure if withholding this information is some sort of marketing tactic, or just an oversight by the people who put together the sales page. This is not in line with my other recent broker reviews, OptionField , UltimateOptions24 and Binary Online .

Details

  • Type: Options Broker
  • Founded: 2020
  • Location: NW (clarify if you can)
  • Platform: Web-based
  • Payouts: Undisclosed

Sadly, the 360BinaryOption team does not provide us with a lot of information about the brokerage. This, in conjunction with the fact that there are no client reviews available anywhere, makes this a riskier broker to sign up with. It’s my hope that the people behind this brokerage read my review, and see that they have to add much more information to their website, in order for the community to to develop some trustworthiness.

Account Types

There are 4 360BinaryOption account types available, based on how much the trader is looking to deposit initially, classic, bronze, silver and gold. The smallest deposit available is $500, which entitles traders to the classic account which comes with a 25% welcome bonus, a junior broker, risk-free trades and one-on-one training. The next account requires a deposit of $1000, which is the bronze account, that comes with a 35% welcome bonus, an executive broker, risk-free trades and one-on-one training. The 3rd account, the silver, requires a deposit of $3500, comes with a 50% welcome bonus, an executive broker, 3 risk-free trades and advanced one-on-one training. Lastly, the gold account requires a $15,000 deposit, comes with a 75% welcome bonus, an executive broker with an additional analysts, 5 risk-free trades and an unlimited one-on-one analysts session.

The first thing I’m skeptical about in the account plans is the welcome bonuses. A welcome bonus of 75% on $15,000 is $11,250, which means the broker is almost doubling a traders initial deposit. Honestly, I don’t see how a broker could be offering welcome bonuses this large, without going under. These type of welcome bonuses must come with elaborate strings attached, to ensure that the brokerage isn’t liable for major losses.

The broker also looks to be pushing binary options managed accounts , which I never recommend.

Conclusion

While there are some positive aspects, I don’t see myself in a position to recommend the 360BinaryOption brokerage at this point in time. I would like much more detail when it comes to payouts, assets, and every other basic aspect the binary options brokers provide. I would also like to see some client feedback, and proof that these welcome bonuses are not just flashy signs trying to pull us in from the street.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Broker!
    Perfect for beginners!
    Free Demo Account! Free Trading Education!

  • Binomo
    Binomo

    Only for experienced traders!

If there’s anything you would like to add to this review, please leave your questions and comments below the article now.

7 Binary Options

UPDATE (12.01.2020):

We have found out that BinaryOptions360 has shut down their operations.

We recommend choosing one of our top binary option brokers instead:

Min. Invest Min. Deposit Max. Returns
All brokers >>
Min. Invest Min. Deposit Max. Returns

Try also Binary Option Robot if you are looking for automated binary trading.

Old Review:

There is a dynamic new binary options broker on the scene that prides itself on giving its investors an exciting but less technical trading experience. How is this accomplished by them? They do it by providing unique trading content that closely follows the latest trends in binary options trading. Their sole aim is to be a premium broker that consistently delivers high payouts to those that trade with them successfully.

They tend to provide those that trade with them not only a highly consistent trading environment but also one that is streamlined and efficient; it is something that Binaryoptions360 tends to do much better than most. That is why this relatively new and innovative broker is growing in popularity rapidly among binary options traders.

Basic information:

Online since: 2020
Jurisdiction: British Virgin Islands
Software: SpotOptions
Max Returns: 85%
Bonus: 100%
Minimum Deposit: $250
Minimum Investment: $5
Maximum Investment: $5000
Currencies: USD, EUR, GBP
Mobile: No
Countries: All nations excl. US

– A very proactive trading partner
– Uses the award winning SpotOption trading software
– Offers a large assortment of binary options products
– Excellent customer service
– Easy and secure banking
– Reasonable withdraw amounts
– Many banking options for deposits and withdrawals
– Excellent market analysis section

– Has no mobile trading at this time

7 Binary Options Rating:

Binaryoptions360 Special Features

One of the best things about this web broker is they seem to always have a website that has fresh or regularly updated content. There also is no clutter at all with the layout and design of the web platform; it has a very dark almost black background that tends to really make the information on the trading page stand out. This also helps both the menu items and their supporting menu sub-items to really jump out at you when you look at the website.

As you read along with this review it will start to become apparent that we are big fans of this web broker. We love the market analysis section that takes a lot of the guesswork out of trading for you and we also like the fact the website streamed up to the minute financial data from around the globe. Binaryoptions360 even suggested daily recommended trades and others are available too for a small fee.

They truly are what must be called a binary options primary service provider because of the way they give those that use them both increased chances for higher profit but also supply a trading environment that is really a lot of fun. Throw in a few risk free trades you can test your trading strategy on and you will see for yourself what makes this web broker special.

Binaryoptions360 also features an outstanding education academy. Most parts of this service isprovided for free for those who sign up to trade with this web broker. This broker fully realizes the importance of educating their traders in order for them to be more successful. Binaryoptions360’s educational academy includes such things as a highly informational eBook informational videos and a host of other excellent learning materials. There is even the opportunity for traders to sign up for webinars that are given by highly successful traders.

Binaryoptions360 Trading Platform and list of Assets

This broker impressed us with their high level of focus they place on giving their investors an opportunity for trading excellence. Part of that involves the excellent trading platform that this broker offers. The setup includes multiple views of trades, a large assortment of binary options products and it all adds up to a site that is very user friendly.

It is no surprise that they use the popular SpotOptions software. This award winning product helps shape the trading platforms of many of the leading binary options brokers , binary options signals services and binary options robots on the web. Even the platforms design theme really stands out and it makes it easy for the trader to get the information they need to place a trade. The colors are relaxing on the eyes and add to the overall pleasure of trading with Binaryoptions360. The colors are also very good for tracking such things as price changes in the trading windows.

The site also offers a large variety of binary options to choose to trade with; that is a lot more than you see on many sites. They offer more conventional types of binary options like high/low, short term and one touch but they also offer more exotic ones like pair, ladder and long term options too. There is a little something to satisfy everyone when it comes to placing binary options trades. There is even some leeway in adjusting the binary options products slightly.

The asset index on Binaryoptions360 is a little modest to say the least. For example when using pair options the choices are somewhat limited. They currently offer 20 stocks, 12 currency pairs, almost 20 indices and several commodities that can be traded. Some of these are not available all the time either. This is one area that this web broker can definitely improve on.

There is no mobile trading app currently available on this broker but that is something we have been told they were working on and should be available soon.

Screenshot

Support and Services

This web broker gets high marks for its customer service. They were very responsive and answered all questions thoroughly when we contacted them. They were easily reachable by phone, email and live chat. The contact is often with the users assigned account manager but that is not the only person that can help solve problems if they are not available. There are phone numbers available for those in the USA and the UK that are very helpful. Customer service could probably save themselves and their customers some work by upgrading their FAQ page a little. They also seem to be a very transparent site when it comes to explaining their business practices.

Binaryoptions360 is no slouch when it comes to the banking functions on their website. Banking transactions are easy to initiate and are done in a very secure manner. They definitely are a broker that creates an atmosphere of trust with those that trade with them.

This broker allows a variety of methods in which those that trade with them can place deposits and make withdrawals. They also offer safe and secure segregated accounts which is not always the case with such brokers as those that allow FOREX trading; some of these put funds in a common pool much like pari-mutuel betting and it makes traders more nervous.

Users are allowed to make deposits and withdraws by using such methods as Maestro, Visa, MasterCard, CarteBleue, wire transfer and also WebMoney. The minimum deposit on Binaryoptions360is $1000 but considering all the services that this broker offers it is not a bad deal at all. Withdrawal minimums are set at $100 which is very reasonable for the industry and we don’t have any problem at all with that figure. The exception to the withdrawal limit is for those that choose to do this by bank wire transfer; those who choose this method cannot withdraw less than $500 and this will also cause them to incur a $25 fee for the service. Withdrawals are usually initiated within three days.

We had mixed emotions about their banking practices but that was mainly due to the high minimum deposit that is required as was mentioned earlier.

Conclusion/Summary

It probably does not surprise you that we are giving this website a big thumb up. We are truly impressed with the professional layout of the trading platform and how easy it is to navigate around and use. With everything you have read here it only confirms that this website has the ability to help any investor become a successful trader when it comes to binary options. We have no problem recommending that anyone give them a try.

Additional information

Customer Service: Live Chat / Email: BinaryOptions360.com
Languages: English, French, German
Trading Options: High / Low, One Touch, 60seconds, Long Term. Pair Options, Ladder Options
Assets: Currencies, Stocks, Indices, Commodities
Early close: Yes
Expiry Times: 30 sec, 60 sec, 2min, 5min, 30 min, 1 hr, 24h, End of Day, End of Week
Deposits and Withdrawals: Visa, Mastercard, Amex, Bank Wire, Webmoney, Visa Electron
Withdrawal Time: 2 – 3 days
Demo account: No

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Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Broker!
    Perfect for beginners!
    Free Demo Account! Free Trading Education!

  • Binomo
    Binomo

    Only for experienced traders!

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