VIPBinary Binary Option Broker
| Website Languages: | English, French, Spanish |
|---|---|
| Broker Type: | Market Maker |
| Account Currencies: | USD, EUR |
| Minimum Deposit: | $200 |
| Majors Spread: | |
| Scalping: | No |
| Hedging: | No |
| Retirement Account: | No |
| Free Demo Account: | No |
| Options profitability: | 68%-75% |
| Option Refund: | 5%-10% |
| Option on Asset Types: | Forex,Indices,Stocks,Commodities |
| Touch Options: | Yes |
| Traders From USA: | No |
| Islamic Account: | No |
| Commissions: | |
| Binary Options: | No |
| Margin Interest: | No |
| Depositing Fees: | Wire: $25 |
| Withdrawal Fees: | Wire: $25 |
| Supported Languages: | English |
| Customer Service By: | Phone, Chat, Email |
| Email Response Time: | More than a week |
| Telephone Orders: | No |
| Personal Account Manager: | No |
| Trading Platforms | Spotoption By Spotoption |
| Stop Order: | No |
| Limit Order: | Yes |
| Market Order: | Yes |
| Trailing Stop Order: | No |
| OCO Orders: | No |
| One Click Trading: | Yes |
| Charting Package: | No |
| Trade off Charts: | No |
| Streaming News Feed: | Yes |
| Email Alerts: | No |
| Mobile Alerts: | No |
VIPBinary option broker was established in the year 2010 and is operated by ChargeXP Investments Ltd. And have their office headquarter in BVG or British Virgin Islands. This company also has their satellite offices in other countries of the world. The trading platform offered by VIPBinary broker is very simple and helps traders in doing successful trades. The company offers to its customers some of the latest and popular financial tools which have got a lot of inherent advantages. They offer to their customers an array of trading assets to trade in and make trading an experience to remember.
The trading platform offered by VIPBinary broker is powered by SpotOption and is provided by SpotOption. The trading platform is loaded with a number of features like Limit Order, Market Order, One Click trading, and Streaming News Feed. The trading platform is completely web based and does not require any software download or installation. The company website is designed in such a way that it is easy to navigate and is also multilingual as it is available in French, English and Spanish. The company provides about 82 assets to trade in and has been diversified into 28 Indices, 32 Stocks, 15 currency pairs and 32 stocks. This vast selection of trading assets allow the traders of all the skills to trade options of their choice and select the one with lesser risk.
Opening an account with VIPBinary would require only filling up an online application form and providing the requisite information. The minimum deposit required in the trading account is $200 and the account currency allowed is USD and EUR. They do not provide to their customers free demo account. Thus the traders does not have the opportunity to practice on the trading account or device strategies of trading before investing real money. They also do not provide retirement and Islamic account to the traders. The traders can earn good profits when trading with VIPBinary and it can be from 68% to 75% if the investment expires in the money. They also have the facility of returning a portion of the invested amount if the trade expires in out of money and it ranges from 5% to 10%. They also have fees and commissions. They do not have any commission on binary option trading. They do not have margin interest also. They have depositing fees of $25 if the deposit is made through wire transfer. They also have withdrawal fees of $25 if it is done through wire transfers.
The customer care support by VIPBinary is excellent but is available only in English. The customer support service is available through live chat, phone and email. However, the email service is very slow and the response time for the queries through email takes more than a week’s time. They do not take up telephone orders. They also do not provide personal account manager.