When it comes to binary options brokers, it is common to find platforms that offer some but not all of what you as a trader want in terms of features and services. BinaryTilt, a relatively new binary options broker based in New Zealand, was created specifically to address this common problem by offering binary traders all of the features and tools they could want through a single brokerage platform. The BinaryTilt team incorporates financial and internet industry experts, as well as several experienced professional binary trading experts. This review will address BinaryTilt’s platform, service and other features to help traders who are looking for a brokerage service decide if BinaryTilt is a good fit for their needs.
BinaryTilt makes use of the highly popular SpotOption trading platform, known for being a simple and easy to navigate platform that is especially friendly for beginning traders. Via this platform, traders may open binary options positions on stocks, commodities, indices and Forex currency pairs, giving traders a diverse list of underlying assets to choose from. This simple platform, however, is greatly offset by the versatile trading types and tools that are offered by BinaryTilt.
Aside from standard binary options trades, traders may execute one-touch, high/low options and range options trades. BinaryTilt also offers traders a custom Option Builder tool. This tool allows customers to customize binary option positions with special expiry times and even to set the risk level of the trade. This is a particularly useful tool for traders who are new to binary options and concerned about the financial risks of trading, as it can be used to great effect as a risk management tool.
Another unique feature offered by BinaryTilt is its Strategy Advisor tool. This tool uses market algorithms to calculate likely outcomes of individual trades based on live market data. While these predictions are not always going to be accurate, this strategy tool can be a useful asset in determining the most likely direction of the value of a given asset in a specific time frame.
BinaryTilt offers 24/7 support to all of its traders via telephone, email and live chat support options. For more general inquiries, an extensive FAQ section on the BinaryTilt website offers answers to many common questions. In addition to this general support, BinaryTilt also offers extensive educational tools designed to keep traders up to date with market conditions and current economic news, as well as to provide general education about trading and analysis. These education resources include periodic live webinars, video tutorials, a full trading ebook and regular market analysis from financial professionals.
Deposits and Withdrawals
Deposits and withdrawals to and from a BinaryTilt account can be made via credit or debit card, wire transfer or through a variety of electronic teller services, including Skrill and Neteller. The minimum required deposit amount is £200. Withdrawals require a lower minimum, with just £50 required to withdraw funds from an account.
Bonuses and Promotions
BinaryTilt offers one of the most generous initial deposit bonuses in the binary options industry, matching 100 percent of a new trader’s initial deposit. The brokerage firm also offers a refer-a-friend bonus, whereby any new trader referred can earn the referring trader a 10 percent bonus based on the new trader’s initial deposit. In order for this bonus to take effect, however, the new trader must deposit a minimum of £500 in order to fund his or her account.
As traders advance and increase the value of their trading accounts, there are also various levels of membership that become available. These various levels of membership offer incentives such as cash back rewards, faster withdrawal processing, more analytical support and even access to a personal broker and trading advisor. These extra levels of membership service give traders even more incentive to trade regularly and to become successful in their careers as binary options traders.
Overall, BinaryTilt is an excellent binary options broker. With a simplistic trading platform and many versatile trading tools, it has features that will appeal to every binary options trader from the complete beginner to the seasoned veteran. BinaryTilt’s excellent customer support, educational resources and generous bonus programs also give it an edge over many competitive brokerage firms. By bringing many of the industry’s most popular tools and features together in one place and hosting them on an easy to use platform, BinaryTilt has created an award-winning trading system that has become the favorite of many options traders.