AlphaBinary is a brokerage firm for binary options trading, and it’s newly licensed and regulated by both ASIC in Australia and CySEC in the EU. Their trading platform is available for desktop and mobile use.
If you visit the AlphaBinary site, you notice that this is clearly a solid company. Firstly, they are licensed in Australia under the ASIC. Because Australia has strict regulations for binary options brokers, it therefore leaves only a few companies with this type of licensing.
Furthermore, you could see how much they offer in their educational resources department. Their SquareOne Academy provides a wealth of information for both the novice and the experienced trader.
It covers everything, from the basic explanation of binary options trading and the different terms used, and all the way up to teaching advanced trading strategies. This information is provided on the site, in e-books and with video tutorials.
AlphaBinary uses the new version of the SpotOption trading software. This software is known for its easy-to-use interface and its wide variety of trades to choose from. It also allows investors the ability to trade in Forex and CFD, where they can use higher leverage.
Among the types of binary options you can choose are: Pairs, Chrono (short term), Long Term,One Touch and Ladder. In the Short term option, you can pick from 5 different timeouts, between 1 minute and 5 minutes. Alternatively, the Long term option lets you set an expiry date of up to a year ahead.
You can find over 100 assets to trade, including currencies, stocks, commodities and indexes, and trades can be placed for as low as $25. The minimum deposit for an account is $250. Actually, they have 4 account types to offer, each with different added bonuses.
Did you know that there are more than 250 active brokers operating today? Therefore, look at these other popular brokers that you might want to consider, see here.
How do you verify that a Binary Options or Forex broker is legit? See if their governments financial regulator gave them an operating license. AlphaBinary is licensed in Australia by ASIC, with AFS license number: 422662. In the EU they are licensed by CySEC (Cyprus) with license number: 145/11.
AlphaBinary is owned and operated by AGM Markets PTY LTD. The company address is: Level 1, 189 Balaclava Road, Caulfield North, VIC, 3161, Australia. In the EU they are registered as AGM Payments LTD. with their address at 64 new Cavendish Street, London W1G 8TB, UK. Their phone numbers are: (Australia) +61 3 9013 0190 (UK) +44 203 026 6228.
E-mail address is: [email protected] and the Website: https://au.alphabinary.com.