Z.Com Trade Review – Binary Options Hub

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Best Choice For Beginners and Middle-Leveled Traders!
    Free Demo Account!
    Free Trading Education!
    Big Sign-Up Bonus!

  • Binomo
    Binomo

    Trustful Broker. Recommended Only For Experienced Traders!

Z.Com Trade Review

Rating:

Looking for the best FX broker? There are a few reasons to sign up with Z.Com Trade broker now! 10 years of history and high quality services are the main advantages of it. See everything in our Z.Com Trade Review!

Min. Deposit: $0 Demo: Yes

Platform: MT4 Bonus: N/A

Regulation: FCA US Clients: N/A

Binary Options Brokers

If you ended up on this page, most probably you are looking for a decent binary options broker. There are quite many brokers out here, and more are appearing every day. The reason for this is very simple. A few years ago the technology got so advanced that it became very easy and cheap to open up your own broker of binary options. This is why so many of them are of a low quality. Browse the table below to see the top rated binary options brokers and stay cautious about the scams.

RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK

Broker Rating License Platform US Bonus Start now
CySEC Custom N/A Sign Up
CySEC TradoLogic N/A Review
N/A SpotOption N/A Review
CRFIN SpotOption N/A% Review
CySEC KeyOption N/A Review
CySEC KeyStone 50% Review
N/A SpotOption 100% Review
N/A Custom N/A Review
N/A SpotOption N/A Review
N/A Custom N/A Review
N/A Panda TS N/A Review

Know a broker that should be here? Let us know.

Choosing one of the binary option brokers

Even though it might seem like an easy task, choosing your broker for binary options trading is not as easy as it seems. Below we will provide you with a quick guide that will help you selecting a broker you can trust and will give you a good overview on how to avoid being scammed.

Regulation makes the difference

A regulated binary broker can be a scam. Yes, that’s true. But the chances of getting into a fraud with an unregulated broker are much higher. This is why you should always go for a regulated broker if one is available in your region. However, some countries’ residents simply cannot be served by an EU-regulated brokerage due to the compliance reasons. If you are one of such nationals, then the best bet would be to go for an unregulated brand of a binary broker that is regulated in EU.

Even though you will not be served by a company that reports to a legitimate financial authority, the broker would still be more cautious towards its reputation and this is why it will do its best to deliver you the best possible trading experience.

A few more words have to be said about the offshore binary options brokers. These entities claim to be regulated, and in fact, they are regulated. However, such countries as Belize, Seychelles, Marshall Islands and so on, are doing very little to ensure that the companies they regulate are actually serving the clients in the best possible way. Apart from that, imagine that a Belize-regulated binary broker refuses your withdrawal. What will you do? Travel to Belize to submit a complaint? The chances of pursuing legal actions against the brokers that are located on the offshore territories are very small. This is why you should treat any broker with an offshore regulation as an unregulated entity.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Best Choice For Beginners and Middle-Leveled Traders!
    Free Demo Account!
    Free Trading Education!
    Big Sign-Up Bonus!

  • Binomo
    Binomo

    Trustful Broker. Recommended Only For Experienced Traders!

Binary options software

Many people mistakenly refer to binary options brokers as binary options platforms. This is not a correct statement. A broker is a company that is doing the marketing, support and other operational and business development activities. A binary options platform is just a piece of software that lets the brokers offer trading to its clients. Here we have a great section about binary options platforms, browse through it to get a good overview of the binary options trading software that is available on the market and check various brokers that offer this type of the software.

In general, there are quite a few software providers. There is no substantial difference between the software suppliers, especially considering that the binary options trading is so simple that it is just nearly impossible for the software providers to differentiate themselves from the rest. Having said that, there are still some brokers that go for the custom-made platforms, and this is where the difference takes place. You may imagine that a software company with years of experience and a dozen of full-time developers can design a great piece of software. However, a broker would have less experience in the software development and will not be able to afford the same amount of staff. Hence, in many cases, the platforms developed by the brokers themselves tend to have a much lower quality. This is why you should stay away from such brokers as EZTrader, as they just offer very poor trading software.

Considering the fact that your platform will contribute majorly to your trading experience, it makes perfect sense to choose the trading software you enjoy using. Still, most of the binary software is not suitable for chart analysis, you will be much better off using various free web charting tools and simply hitting buy or sell on your binary platform.

Binary Bonuses and Promotions

In the past, many binary options brokers were offering various trading benefits to their clients. This helped greatly to attract new traders and keep the existing ones. Here we list various possible binary options bonuses, but you should understand one important thing. As of December 2020, CySEC (which is a regulator that holds most of the binary brokers under its umbrella) has requested all of the binary brokers to stop offering various trading promotions. Hence, today one is unlikely to choose a broker that offers deposit or no deposit binary options bonuses.

You can only get a bonus from an unregulated broker, and as already mentioned, this is not something we can recommend.

How to submit a complaint about a binary brokerage?

Here at Binary Options Hub we respect our site visitors and we take care of what you have to say. Do you have any negative experience with a binary options broker that is listed with us as a scam? Contact us and lets us know why you were unhappy. We are certainly eager to add an additional reason why one of the scams cannot be trusted.

Are you having a trouble with one of the brokers that is recommended by us? Reach out to us and we will certainly do our best to help you resolving your issue with a broker. We do not recommend the brokers with whom we don’t have any relationship, so we will be able to reach their staff and deal with your case in a professional manner, especially if you opened your account via Binary Options Hub.

Do you have positive or negative comments about a broker that is not listed in a table above? Let us know too, we are always eager to write more reviews of the binary options brokers.

Mitrade review – Is mitrade.com scam or good forex broker?

Mitrade is a forex and CFD broker regulated by the Australian Securities and Investments Commission (ASIC), offering a variety of trading instruments with competitive spreads and a leverage of up to 1:200. In the following paragraphs we will review their trading conditions in detail.

Trading account Min. deposit Max. leverage Spread
Standard $1 1:200 0,8 pips

Mitrade Advantages:

As we noted Mitrade holds a license by the Australian Securities and Investments Commission (ASIC) and that makes trading with the broker completely safe.

For example, among the other benefits you get by trading with a properly regulated broker, under the ASIC Client Money Reporting Rules, a client’s funds at Mitrade will be deposited separately in the client’s trust account at an Australian authorized depository institution (ADI) to ensure that the client’s account is completely segregated from the Mitrade house account.

Also Mitrade provides negative balance protection to its clients, meaning that a trader can not lose more money then he or she has deposited.

Otherwise Mitrade is owned by Mitrade Global Pty Limited, which is based in Australia, while all card processing services are provided by Mitrade Services Ltd, which is a wholly owned subsidiary of Mitrade Global Pty Ltd., based in the UK.

When we tested the Mitrade trading platform with a demo account the benchmark EURUSD spread floated about 0,8 pips, which is attractive, if we take into account the fact that the broker does not take trading commissions. Still here you may also check our list of brokers, offering tighter spreads:

MetaTrader4 not supported

Mitrade offers a proprietary web based platform – the Mitrade Trading Platform, which has a user friendly interface and some in-build market indicators.

Still, we miss the advanced features, which come with MetaTrader4 – the most widely used trading solution on the market. For instance, with the Mitrade Trading Platform we do not see the option to run automated trading sessions and that is a disadvantage. And besides, here you may also check our list of brokers offering the MetaTrader4:

Mitrade offers attractive trading conditions, combined with all the benefits issuing from its ASIC license. And as we noted above, ASIC regulated brokers are the last that still offer unrestricted margin trading and this is surely another positive point for Mitrade. In any case, possibly the only week moment regarding the Mitrade offer is the absence of a trading platform like MetaTrader4.

Broker Advantages

FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.

XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.

FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.

FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.

FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.

FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.

HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Best Choice For Beginners and Middle-Leveled Traders!
    Free Demo Account!
    Free Trading Education!
    Big Sign-Up Bonus!

  • Binomo
    Binomo

    Trustful Broker. Recommended Only For Experienced Traders!

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