BinaryTilt Review by professional Forex trading experts the “ForexSQ” FX trading team, Finding out everything you need to know about the broker is in this BinaryTilt Review.
BinaryTilt Review
BinaryTilt is a binary options broker, offering trading on the SpotOption binaries platform under trading conditions, which appear standard. Below you can find a thorough comparative analysis on this broker’s trading conditions. In addition, it provides an Educational section, traders’ Guide and Technical and Fundamental analysis on its website. Unlike most binary options brokers, BinaryTilt offers a single trading account type.
BinaryTilt website and trademark are owned by Chemmi Holdings Limited, a UK-based company, which also operates MaxCFD. The company is founded in 2015, registered in the UK, but not authorized to be a financial services brokerage –nor in the United Kingdom, nor anywhere else.
The broker has been added to several warning lists (the Australian Securities and Investment Commission, the Canadian securities regulator the British Columbia Securities Commission, the Ontario Securities Commission of Canada), and there are numerous complaints by its clients. Most customers complain of cold calling, refused withdrawals, etc.
No wonder binary options brokers have increasingly bad reputation lately, as many of them, especially non-licensed and offshore ones, turn out to be indulged in fraudulent practices. It seems that BinaryTilt may be one of them, so youd better select a licensed broker from our extensive list at Topforexbrokers.com.
Trading Conditions
Trading Options: Call/Put, 60 sec, Long term, Pairs, One touch, Ladder, Limits
Assets: Currencies, Stocks, Indices, Commodities
Minimum Initial Deposit
The minimum initial deposit for clients of BinaryTilt is $250, which is average.
Payout amount
Depending on the Trading Options and expiry times, payout percentage offered by BinaryTilt reaches 82%, which is not among the highest returns, offered by binary options brokers. By comparison, payout percentage offered by Grand Capital ranges is up to 86%.
Trading Platform
BinaryTilt supports one of the most popular platforms in the binary options market – the web-based SpotOption. Interestingly, it seems that this broker also uses the platform for CFDs and Forex trading.
The platform is internationally recognized as a leading software developer, and most of the leading brokers use their products.
Besides, the broker’s SpotOption provides Trader Choice analytics & and Social trading services – features, which allow traders to see market sentiment and to follow the best and most experienced traders on the platform.
Promotion
The company offers Bonuses to its clients from time to time, such as Welcome on-deposit bonus up to 100%. There are no withdrawals allowed until a trading volume of 40 times the Bonus is reached, which adds additional risks of losses.
Besides, BinaryTilt promises 10% of the initial deposit (up to $100) of a referred friend to each client.
Methods of Payment
There are several payment methods available to BinaryTilt’ clients: wire transfer, credit/debit cards (Visa, MasterCard, Maestro), and e-wallets Skrill, Neteller, WebMoney, Yandex, cashU, Qiwi, AstroPAy and China UnionPay.
Keep in mind that the minimum withdrawal amount is $50.
BinaryTilt is yet another unregulated binary options broker. It supports the SpotOption platform and there is nothing special about the trading conditions it offers. However, it seems that most people who deposited money in BinaryTilt, never got to withdraw any funds, and the broker’s overall reputation is pretty bad, so it is not recommended.
Instead of the forex broker you can use Plus500, XM, eToro, Fxpro or AvaTrade forex brokers.
BinaryTilt Review Conclusion
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