Rbinary is somewhat of a newcomer to the binary options lineup, having launched its platform within the last few years, but there is every reason to believe that it will become one of the leading binary options brokers in the group in a very short time. Rbinary is a global company, with a focus on the Asian market. Its main office is in London, UK, and it maintains satellite offices in Baharain and Russia. It also uses a mailing address in Hong Kong.
The landing page at Rbinary comes with lively and images that are constantly moving in and out that make you feel like you are standing right on the trading floor of a stock market.
Rbinary offers four different trading accounts. The minimum deposit required for the standard Silver account is $250 which is average for the industry. The maximum position is $1000 and the total maximum positions cannot exceed $6000. The Gold account, also called the Power Trader, requires a minimum deposit of $5000, has a maximum position of $400 and $1200 is the maximum positions allowed in the account.
$20,000 is the minimum needed to open the Platinum account, also referred to as the Professional Trader account. $8000 is the maximum position permissible in this account and includes a total of $24,000 in maximum positions. The VIP account is Rbinary’s premier account and nothing less than $50,000 will fund it. A maximum position is $16,000 with possible positions totally no more than $48,000.
Monthly cash backs are offered for every account and vary according to the amount deposited and each account holder receives some amount of cash back for the minimum monthly volume.
A demo account is available at Rbinary, which is advantageous, but besides the ability to register for one, there were no further details of the account listed on the site.
When doing this Rbinary review, I found the comparison page of the four above accounts to be clearly laid out and effortlessly understood. The fact that the specific account comes forward when tapped adds to the ease of use.
Rbinary offers a wide range of trading options, including commodities, currencies, indices, stocks, and metals such as gold, platinum and oil. They offer generous bonuses of 150% and more. Promotions are mentioned on one of their pages but I was unable to find any information about them.
Deposits and withdrawals are made in the usual methods such as bank wires, credit cards and online payment plans such as Neteller and Union Pay. Withdrawals are guaranteed to be made within three business days. The minimum withdrawal from any account is $100.
When it comes to education, Rbinary doesn’t stint on the choices. At their Academy, traders can take advantage of a full series of V.O.D. courses for both beginners and experienced binary option traders. Included in these courses are topics such as the basics of binary option trading, risk management and more. I sat through a few of the lessons and was very impressed with the quality of the presentation.
Also at the Academy, traders can find in-depth courses where registered traders can learn all about market analysis, different financial instruments and the psychology of trading. Basic and advanced technical analysis is presented in Rbinary’s advanced courses and this is an important feature for advanced traders who are looking for good returns on their binary option trades.
Rbinary Educational Courses
The Rbinary eBook, which can be accessed by all registered account holders, is filled with topics that are essential for the trader in order to have a successful trading experience.
Signal trading is available from Rbinary and can be accessed through the VIP account only. Details are supplied only after registering and logging in to your account.
The Rbinary website is available in four languages: English, Arabic, Russian and German.
Rbinary is not under any regulatory organization.
Rbinary offers advice and support around-the-clock via email, telephone and chat. When doing this review, I posed a question on chat and within seconds I received a response from a representative that was courteous and knowledgeable.
All in all I was very impressed with Rbinary. The website is easily navigated and registering for an account is a simple and quick process. It’s good to see that they offer a choice of accounts and that a demo account is available for beginner traders who wish to practice their trades without risking any money up front.
- Wide choice of assets
- Demo account
- Not regulated
- Limited languages
Review info: Rbinary
Review Date: 2015-08-10
Rating : 4
Reviewed By : Sara Patterson