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Binary8 Review

Min. Deposit: $250
Min. Investment: $25
Signals: No
Rating: Rated with 5 stars
Regulated Broker: Not available
USA: Not available
  1. Binary8

    Binary8 is a brokerage company that provides binary trading services since 2009. Binary 8 is managed by Go Trading Technologies, a group of professionals with experience on binary options market.

    Binary8 requires minimum deposit of $250 with returns that can go up to 90%. Maximum bonus is unlimited and to trade binary options, lowest amount per trade is $25, while maximum is $5000. It is possible to invest in following currencies: USD, EUR, RUB, GBP, CHF, JPY, CNY and SGD. This broker accepts all traders, except Israel and USA.

    For more on Binary8 features and services, read below our Binary8 review.

    Binary8 Trading Platform and Features

    This broker uses Proprietary for its software. It providers user-friendly interface and a little bit different mechanisms than most traders is used. However, it is important to mention that navigation over the site is very simple and straightforward for professional and inexperienced traders.

    Once traders register and login to the platform, they will get access to a wide range of trading instruments and services, provided by Binary8. Traders worldwide are able to trade binary options using Pairs, One Touch, Ladder Options, Long Term, SpotFollow and Turbo Trading. They can also choose among following expiry times: 30 s, 60 s, 2 min, 5 min, 15 min, 30 min and 1 hr.

    Our Binary8 review shows how platform is available on English and Chinese. Traders can invest in a selection of different assets, which include currencies, stocks, commodities and indices. To know which underlying assets are available, they can click Asset Index tab and get full asset list.

    One of the most popular trading services available on Binary8 platform is demo account. On Binary8 demo, traders can experience how to trade binary options without losing the money. When practicing on demo, there is no risk involved since traders place trades with virtual money, instead of real one.

    Binary8 review revealed us that this broker has prepared very good Education Center, for traders to get the most help in order to overcome and profit from binary options trading. Binary8 education materials covers all important segments of successful binary trading process. Materials cover various strategies, ebook, courses for beginners and advanced traders, webinars and many different tutorials.

    Binary8 Account Types

    With Binary8, traders can choose between five trading accounts. Below is the list of accounts with associated features:

    Binary8 Student Account

    • minimum deposit between $250-$999
    • 50% welcome bonus

    Binary8 Standard Account

    • minimum deposit between $1000 – $4999
    • 100% welcome bonus
    • 4x free risk trades
    • access to daily market news and a variety of education materials
    • 1 on 1 sessions with Junior Specialist

    logo-binary8Binary8 Silver Account

    • minimum deposit $5000 – $10000
    • 150% welcome bonus
    • 4 x $250 free risk trades
    • access to daily market news and a variety of education materials
    • 1 on 1 sessions with Senior Specialist
    • market reports and calls

    Binary8 Gold Account

    • minimum deposit $10000 – $25000
    • 200% welcome bonus
    • 4 x $500 free risk trades
    • 5$ extra return for assets on your choice
    • access to daily market news and a variety of education materials
    • access to email news per day
    • private Skype sessions
    • 10% in case of lifetime loss insurance

    Binary8 VIP Account

    • minimum deposit $25000 – $250000
    • 500% welcome bonus
    • management level of support
    • customized returns for binary and turbo payouts
    • more extra trading benefits

    Binary8 Customer Support

    Binary8 review showed us how traders can contact this broker through several ways, over live chat, email [email protected] and web form.

    For this Binary8 review, we contacted them via live chat and ultimate results wasn’t really excellent. Customer agent chatted with us but we didn’t get answers on some of our questions. We hope it was just one time, but we thought it is necessary to inform our readers about it.

    Binary8 Banking and Company

    logo-binary8Before performing any payments, traders have to authorize their trading account. This is done by submitting few documents to Binary8 broker, such as photo ID copy, copy of proof of address and credit card copy (hidden digits). Documents should be sent to [email protected].

    Traders who deposit through credit cards, amount is $250 while for bank wire transfer, required deposit is $500. During Binary8 review, we learnt that available deposit methods can be done via:

    • card payment (Mastercard, Visa, Maestro, Visa Electron, American Express and Diners Club)
    • bank wire transfer
    • CashU ewallet

    Regarding Binary8 withdrawals, first step is to submit a withdrawal request and Binary8 needs up to 3 business days to approve it. Once approved, there are extra 5 to 7 days for money to arrive on traders’ account. Minimum withdrawal per trade is $100. For withdrawals via bank wire, fee is charged $25, while for credit cards and ewallet there is no fee.

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