99Binary is a binary options broker that appeared in the industry in 2013. They are unregulated and use their own trading platform called Panda for investors. They offer English, German, Russian, and Arabic language options, but US traders are not accepted.
|Bonus||Up to 100%|
|US traders accepted|
- Low 1st deposit
- Easy-to-use trading platform
- Demo account issued after first deposit
Despite their lack of regulation, 99Binary has a slick interface, good bonus deals, and favorable trading conditions. It appears that they are attempting to draw in lots of traders by offering a combination of new, modern trading tools and big bonuses. As a young company, 99Binary has a lot to prove in the options binary trade. They combine their good proprietary trading platform with bonuses and a low fee schedule to carve out a part of the market, so now is a good time to jump on board with 99Binary while they are still trying to attract new traders.
The Panda trading platform is a great tool. It has an easy to use and read interface, useful options, and a unique feature in the 99 Copy trade. 99 Copy shows a window of successful trades that have just closed and gives you the option to automatically copy one of them. In comparison to older sites, 99Binary's platform feels sleek and modern. The choices are clearly labeled in red and green, and the interface itself is green and blue, so together it looks well designed. It is easy to choose an option type, market, and asset through Panda.
Current promotions include a 100 percent match and occasional timed promotions. The 100 percent match has a high potential return, but it has a high trade volume requirement to unlock the bonus. Starter accounts only get a 50 percent match bonus, in exchange for a low initial deposit compared to the other two account types. 99Binary also offers up to 10 percent refunds on bad trades.
Min. Deposit€ 100
Deposits and Withdrawals
99Binary uses the usual methods of deposit: bankcards and wire transfers. There are also many other options like WebMoney and TrustPay, most of which are similar to PayPal. Credit card withdrawals cost $8 and wire withdrawals cost $25 due to bank fees.
The customer service is generally good at 99Binary, although it can be slow to get back to inquiries depending on the time of day and week. They are polite and open to traders, and do not give the impression that they are trying to close cases as fast as possible.
|Speed Trading||Spread High/Low||One Touch||Option Builder||Mobile Trading||USA Traders|
The biggest unique feature that 99Binary has is the 99 Copy trade mimicking tool. On top of that, 99Binary has a huge library of assets to trade at 83, spread across different markets and categories. There are three types of account with 99Binary. The Starter account has a $99 minimum deposit and 50 percent bonus. The Pro account has a $499 minimum with a full 100 percent bonus. For big traders, there is a Premium account with a $999 minimum, 100 percent match bonus, and special trade advice.
- Bank Wire
- Visa Electron
- Email: firstname.lastname@example.org
- Phone: +44 203-318-1844
Advantages and Disadvantages
These advantages and bonuses seem to be around because 99Binary is trying to establish itself as a force in the binary options industry. Therefore, if there is a potential disadvantage to 99Binary, it is that these favorable terms might not be around for much longer. The minimum deposits are not the lowest available, and no withdrawal method is completely free. 99Binary offers a free demo account to people who want to check it out and decide if they want to go further with the company.
Pros & Cons
- Diverse asset to trade
- One-Touch payout of up to 350%
- Social features such as: "Latest Winners"
- Demo account available after a small deposit
- Not regulated
- Major languages are not supported
The Final Word
In conclusion, 99Binary is a great binary options broker to jump into now while it has many deals active. The trading platform is sleek and easy to use, and the returns are good. The people who can benefit the most are the ones willing and able to spring for the higher level accounts with the 100 percent match bonus. While 99Binary is not regulated, no record of complaints against them about being unable to withdraw money or other potential scam-related problems exists. 99Binary appears trustworthy despite its lack of regulation, and the excellent deals, interface, and trading terms make it at least worth a look.