Broker Introduction
Started last 2012, BNRY is amongst the newest binary options brokerage available in the market today to watch out for. It is a private company with office currently located in the UK that provide state of the art trading platform as well as accompanying tools ideal for all levels of traders. The great thing about this broker is that all information and tools needed for a successful trade are readily available from their website. Despite being based outside the US, the company caters to American citizens unlike other binary options brokers. On top of that, users of BNRY can enjoygenerous incentives when they refer a new trader to their platform.
General Platform Details
The trading platform used by BNRY is completely internet based and is provided by a leading name in the binary options software arena, SpotOption. Their trading software is very convenient to use as you only need a browser and internet connection. BNRY takes pride in providing an intuitive user-experience to their traders and all educational materials that novice traders would need are just a click away. The web-based trading platform loads very quickly and is suitable for all kinds of users. Traders can also begin trading using the currencies Euro and US dollar. It supports multiple languages such as French and Russian apart from English. Customer support is also available for the said languages and can be reached through various communication channels like email, live chat, or via phone call.
Trading Options
Depending on the underlying asset being traded, one can earn as much as 65% to 71% payout for every successful trade. Traders can pick from the various trade types supported by BNRY namely High/Low option, 60 Seconds trade, One Touch, and Option builder. If these terms do not ring any bell to you, there is no need to worry as BNRY can help you on that department. You can find clickable icons located beside each trade type which will give you a brief explanation on how that specific trade type works. In the event that your trade does not end according to your favour, you will still get a 10% rebate of the money you invested.
There is a long list of assets available to trade and you can conveniently access it through the homepage. All four asset classes are well represented on their asset index so you can find the stocks, currencies, indices, and commodities you are more familiar with. All in all, BNRY supports 33 stocks, 15 currency pairs, 29 indices, and 6 commodities all of which you can easily get helpful information by simply clicking on their assigned tab.
Financial Details
Depositing and withdrawing money with BNRY is very easy. Plenty of payment options are supported such as wire transfers and credit/debit cards. Note that a minimum deposited amount of 250, Euro or US dollars (depending on your selected currency), is required for you to start trading. There is also a withdrawal limit amounting to 250 US dollar or Euros. All online transactions are secured.
Summary
Because of the convenience BNRY’s trading platform provides as well as powerful features, it is a perfect tool for both newbie and advanced users. Their payout rate can compete against older brokers and all transactions done through the site are protected. Customer service is excellent and can be contacted via various methods. Overall, if you are looking for a simple and impressive trading platform, BNRY is a wise choice.
Binary Options Trading Guide 