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6.5
  • 365BinaryOption

  • Bonus: up to 100%
  • Options Payout: 70-85%
  • Rating: 6.5 / 10
Broker Name: 365BinaryOption
Platform: Tech
Founded: 2014
Bonus: up to 100%
Return/Refund: 75-85% /0-15%
365BinaryOption Overview
No. Of Assests: 115
Regulated:   No
Demo Account: Yes
Minimum Deposit: 200
US Traders:   Not Accepted
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365BinaryOption Review

Editor’s Note – Why Does 365BinaryOption Suck in 50 Words

This broker is very new and has yet to prove itself. But the biggest issue here is that they are not regulated. Not being regulated makes it difficult for traders to fully trust 365BinaryOption even though they do provide an address for their firm.

 

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Why Doesn’t 365BinaryOption Suck in 50 Words

365BinaryOption is powered by Techfinancials, a good platform provider that offers a vast variety of expiry choices. The broker also offers a high payout percentage and VIP account holders can get even higher payouts. This means you need to win less trades in order to remain profitable.

 

 

365BinaryOption Review – Running Out of Names?

365BinaryOption is not a regulated broker but they at least provide their address and other useful information on their website, always a good sign. The website is owned by Fintech Software Inc and the company is Oproserv Limited. Registered on the following address: 2 Old Brompton Road, South Kensington in UK London SW7 3DQ.

 

My first thought when I read the name “365BinaryOption” was 360Binary.com which is a broker with less than the best reputation. Later I recalled another broker known to be a scam, named Globaltrader365 – and yes I know there are more with similar names! What’s with all the obsession with 360/365? This makes me want to turn, not 360 degrees but 180 and leave nut okay, enough with the name bashing. Perhaps it’s hard to be creative when it comes to finding decent names, let’s see how they do as a broker.

 

The platform is Techfinancials which offers many different expiry choices as well as a huge asset index. It also allows clients to close their positions early in order to secure profits or cut their losses short. Overall the platform looks nice and there is a comprehensive education center worth checking out. There are several VIP accounts available which offer higher payouts and special lessons where you learn more about binary options trading through your account manager. Overall, they are still new in the business and we need more information and preferably a regulation before we can be 100% sure 365BinaryOption is okay.

 

Is 365BinaryOption a Scam?

I couldn’t find any records about them scamming traders but bear in mind that they have only been around for a year so it’s too early to judge. The provided address seems legit but unless we see an authority monitoring 365BinaryOption, trade with a regulated broker!

 

365BinaryOption Ratings

User Friendliness 15/20

The Techfinancials platform is user friendly and there is a full education center loaded with videos for more help regarding many subjects. On the downside, the platform is only available in two languages, English and Chinese.

 

No. of Assets and Expiry Time 17/20

There are 25 indices, 11 commodities, 31 currencies and 50 stocks that add up a total of 117 assets. Expiry times are; short term as in 60, 120 and 300 seconds. The regular high/low expiries are from every 5 minute and up till end of day, week and month. Touch and boundary options are also available.

 

Commissions, Support and Effective Return 13/20

The payouts are fairly high and you can receive higher payouts but that requires a higher deposit.Chat is available but unfortunately requires sharing your name and email address first.

 

Deposit, Payment and Bonus 10/20

There are not that many options available for deposits and withdrawals, except credit card and wire transfer. Bonuses are cleared once a volume of 40 times the bonus has been generated. However, if your bonus size is above $ 4999 and $ 9999 you need to generate 60 or 80 times the given bonus amount!

 

Website Extra’s 13/20

The education center offers many informative videos that don’t require a sign up to watch.

 

 

365BinaryOption Overall Rating: 65/100

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