I decided to join an active online forum of binary traders and asked their opinion on the brokers that they could recommend for me to try. Luckily I was able to get a couple of suggested brands from them. Included in this list is BinaryTilt so I got curious and did my own research about this broker. Surprisingly, they have been running since 2013 and these facts got me more interested so I tested out their service to further explore its features.
The welcome package is huge and even comes with risk-free trades. As for the payouts, the rates are above the standards and this basically means more money for every successful trade. It waSo did BinaryTilt met my expectations? Read on for my full review.
Demo Account: Risk-free trades are much better
They currently do not offer a demo account but the good news is that they offer risk-free trades after the registration has been completed and the first deposit has been made. This is an interesting way to become a trading expert without the need to risk any money.
Bonuses: Big bonuses as much as $3,000!
They provide generous welcome bonuses with a maximum of $3,000 depending on the account type. Aside from this they offer other additional extras such as free access to their specialized market reviews and analytics and various educational materials.
Platform: Amazingly fast and bug-free
During the actual tests, the platform ran smoothly on the web browser and never encountered any lags. They certainly have done a great job in optimizing the user interface by making it efficiently fast and free from common site bugs. The quotes that they provide are well synchronized with the actual market prices while placing a trade can be done in just a few clicks.
Mobile Trading: Smart trading applications for the gadgets
The mobile trading application is compatible with several iOS and Android devices. It is well optimized for mobile users so the reaction of the user interface is super-fast. Make sure to add the application shortcut to the home screen for easy and quick access.
Tradable Assets: All the 4 main categories are here!
The 4 main asset categories (currencies, stocks, commodities and indices) are available for trading on the platform with more than 60 options to choose from.
Minimum Trade: A very reasonable value
With the $10 minimum investment size, it’s easier to manage the trades and have more control on the possible risks.
Payout Rate: Bigger yields are possible
A successful investment with this broker can possibly yield a maximum payout of 85% plus additional payouts and cash backs for specific account types (Gold, Platinum and Privilege).
This standard option type is under the High/Low tab.
This can be found under the Short Options tab together with the 30-second, 3-minute and 5-minute expiries.
Pairing of assets is not available.
Additional special options include the Spread High/Low and One Touch.
Deposit and Withdrawal
Minimum Deposit: The conventional requirement
They used to require a minimum initial deposit requirement of $300 but now they have lowered it to $250 making it more affordable to open an account and start trading.
Deposit Methods: Highly secured payment options
Making deposit on the account is possible via credit cards, bank/wire transfers and various alternative payment methods including Skrill, Neteller, CashU, WebMoney, GiroPay, PaySafeCard and many more.
Withdrawal Processing Time: Conveniently fast
Withdrawals paid to common banking methods are processed within 3 business days while other alternative payment methods may take up to 10 business days. Fortunately, all of my cash-out transactions were processed within the promised waiting time without any issues or delays.
Channels: Several means to communicate
It’s easy to get in touch with the support department because they offer various ways to contact them: phone, email and live chat (the one with the big “Let’s Talk” image on the lower right hand corner of the interface).
Availability: Trader support is 24/7
Trader support is available 24/7 while their office is open from Monday to Friday, 06:00 – 01:00 GMT.
Supported Languages: Not just English
The platform supports English, Russian, Arabic, Chinese and Japanese.
User Reviews Score: 8.8 stars
This score was provided by various users and its value is taken from the accumulated votes that were given by actual traders who have tested this broker.
Platform Design: Highly professional in appearance
What I liked about the interface is that it has a user-friendly trading environment which allows me to focus more on my trades. Even a newbie won’t get confused with its well-designed layout.
Support: Efficient and conversant
Customer service with this broker is always at its prime because they constantly deliver the highest level of support with real-time responses. These are real trading experts with global market knowledge.
Reputation: A transparent broker with a user-friendly trading environment
Based on the extensive online research that I have done, I’ve learned that they are currently one of the most the trusted brokers in New Zealand earning them a strong reputation in this business.
Editor’s Score: 89
BinaryTilt offers a versatile and easy to use platform where users can educate themselves prior to making a trade. Aside from this great advantage, they also offer substantial bonuses and highly competitive payout rates for successful trades.