BinaryTilt offers a no-nonsense binary options product that is developed and marketed by traders for traders. There are really wonderful trading products for the average trader, but the company needs to upgrade some of its core operating protocols to be a true match for the competition.
Introduction To BinaryTilt Trading
BinaryTilt is a modern binary options brokerage that aims to simplify the process of trading for those who wish to invest in the binary options market. There are several brokers in the market that cater exclusively to a particular category of traders, but BinaryTilt has devoted its products and services to all traders, without any discrimination. In our routine review of the leading financial companies operating in the industry, we did find out that BinaryTilt has come up with a reliable product that not only allows an incredible amount of flexibility to invest in the markets but also allows traders to enjoy significant success in the markets through proprietary trading features. We also cover some of the more common drawbacks associated with the broker, and our comprehensive BinaryTilt broker review can help you to avoid troubles and increase your chances of success.
Company Information & Other Specifics
BinaryTilt is a company based in the UK that was incorporated in 2013 as a full-fledged binary options brokerage. The broker claims to be run by a group of traders that have realised the budding need in the industry to enjoy a trader-specific brokerage account that is devoid of any known issues. It is indeed a fact that binary options trading involve a lot of pitfalls, which is worsened by the fact that brokerages are also responsible for creating an adverse trading environment for traders. BinaryTilt, as a company, aims to reduce the potential conflict of interest, and we have seen signs that the broker is adhering to this policy.
BinaryTilt is a proprietary brand name of Chemmi Holdings Limited, a company incorporated in London with the company number 9870892. BinaryTilt enjoys an incredible amount of popularity among retail traders due to its UK roots, but we were unable to find any regulatory information for the company. All financial companies operating in the UK are expected to be regulated and licensed by the Financial Conduct Authority, which supervises the conduct of all companies in accordance with the statutory laws prescribed by the UK Government and the European Markets in Financial Instruments Derivatives (MiFID). However, the company fails to mention its regulatory status with the FCA, and we couldn’t find any information about the company on the FCA register either.
Despite the lack of regulation, BinaryTilt promises to segregate its clients’ investments through individual accounts held at top tier banks in the UK and has promised to perform routine audits to ensure financial transparency. Other security aspects include 256-bit encryption, enhancing the security of online transactions, and following anti-money laundering laws. The broker is also strict about its client documentation, which is an important part of ensuring compliance with the UK authorities.
Underlying Instruments & BinaryTilt Asset Categories
BinaryTilt does not make any compromises on the number of financial instruments made available to traders. Even though the company does not make any extravagant promises of offering more than 10,000 instruments, BinaryTilt does provide access to more than 150 different assets across four different classes. Traders can indulge in binary options trading for instruments from the Forex, Stock, commodities, and indices market. For better transparency, we have compiled the most popular and widely traded list of BinaryTilt financial assets for your reference:
Forex: AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, AUD/USD, CAD/JPY, EUR/AUD, EUR/CAD, EUR/CHF, EUR/GBP, EUR/JPY, EUR/NZD, EUR/USD, GBP/CAD, GBP/CHF, GBP/JPY, GBP/RUB, GBP/USD, NZD/USD, USD/CAD, USD/CHF, USD/JPY, USD/RUB, USD/SGD, USD/TRY, USD/ZAR
Stocks: 3M, ADIDAS, AIG, AIRBUS, ALIBABA, ALLIANZ, ALPHABET, AMAZON, ANZ BANK, APPLE, AXA, AXIS BANK, BAIDU, BANCO SANTANDER, BANK OF AMERICA, BARCLAYS, BASF, BAYER, BHP, BLACKBERRY, BMW, BNP PARIBAS, BOEING, BP, BAT, CATERPILLAR, CHEUNG KONG, CHINA PACIFIC, CISCO, CITIGROUP, COCA COLA, CBA, DAIMLER, DANONE SA, DEUTSCHE BANK, DEUTSCHE TELEKOM, DISNEY, DUBAI, EBAY, EXXON MOBIL, FACEBOOK, FIAT, GAZPROM, GENERAL MOTORS, GOLDMAN SACHS, GOOGLE, GROUPON, HITACHI, HSBC-HK, HSBC HOLDINGS, IBM, JP MORGAN CHASE, LAS VEGAS SANDS, LINKEDIN, LLOYDS BANK, LUKOIL RS, MASTERCARD, McDONALD’S, METRO AG, MICRON, MICROSOFT, NETFLIX, PETROBRAS, PFIZER, RIO TINTO, RIO-AU, S.BANK INDIA, SANDISK, SBERBANK, SIEMENS AG, STARBUCKS, TATA MOTORS, TATA STEEL, TELEFONICA, TESCO, TEVA. TA, TOSHIBA, TOTAL S.A, TURKCELL, TWITTER, VIVENDI SA, VODAFONE, VOLKSWAGEN, WYNN RESORTS, YAHOO, JAKARTA SE, SAUDI REFINERIES
Commodities: Gold, Silver, Oil
Indices: ASX (Australia), BOMBAY SE, DAX, DOW, EURO STOXX 50, FTSE 100 (UK), HANG SENG, IBEX 35, KOSPI, KUWAIT, MICEX10, NASDAQ, NIFTY, NIKKEI 225, RTS, CHINA A50-F, SHENZHEN 300, SMI FUTURE, SSE180, TADAWUL, TAIEX, TEL AVIV 25, TOPIX, TSX 60, NASDAQ, CSI 300, S&P 500
There is really a wide choice of instruments available at BinaryTilt, and it is indeed beneficial for traders to invest their money in a broad and diversified investment portfolio. Traders have complete control over their investments and are free to choose any financial asset of their choice without any restrictions.
Comparing The BinaryTilt Payouts To Industry Standards
Regular binary options at BinaryTilt produce a maximum payout of 85%, which is the average payout offered by most binary options brokers. However, when we compare BinaryTilt to other leading brokers, the payouts are significantly less than the 90% and even 100% payouts offered by several companies. The average payout for the combined basket of underlying instruments is around the 65% mark, which is once again lower than the industry leading payouts. Nevertheless, the broker has also provided several FX and CFD options that may be able to offer up to 500% return on investments. These binary options, on the other hand, are incredibly attractive for traders, and can certainly out shadow any other company payouts in the market.
The minimum investment also starts at $10, while the maximum investment is limited to $500. We are not sure why the broker would limit the maximum investment, especially since the average maximum investment in the industry is around $1500. Nonetheless, traders can control their risks in the market, and it does present a good opportunity for traders to develop the best money management skills for increasing the profits without taking any additional risks.
Binary Options Products & BinaryTilt Platform
Apart from the huge choice of financial instruments, BinaryTilt has also provided some of the most amazing financial products through its brokerage. Traders have the opportunity of investing in the conventional high/low option or invest in other binary options such as pairs, long-term, 60-seconds, one touch, ladder, limits, and touch/no-touch FX & CFD options. As we discussed before, the payouts and ROI is variable for all of these options, with the minimum ROI being quoted at 60% and the maximum ROI pegged at 500%. On the contrary, BinaryTilt does not offer any refunds for losing trades, as the broker only compensates traders for in-the-money-trades.
BinaryTilt users can invest in any asset and choose any type of option through the excellent online trading interface, which is a web-based platform that is designed and developed solely for BinaryTilt traders. The BinaryTilt platform signifies a giant leap from the traditional desktop platforms, as all account features and functions can be accessed through the online WebTrader. Traders are provided extensive information about the markets, the payouts of a particular asset, the general consensus of the underlying instrument, and choose the expiry time according to their trading preferences.
The BinaryTilt platform also enables social trading through the dedicated social trading tab, which allows traders to follow the trades and trading strategies of the other successful traders in the community. The social trading feature is a unique and useful feature that is especially valuable for beginner traders. Even intermediate and expert traders can use the social trading feature to enhance their profitability and increase their bottom line.
Are There Any BinaryTilt Mobile Apps?
Yes, BinaryTilt offers dedicated mobile trading platforms for iOS and Android operating systems. The BinaryTilt apps are free for download on the App Store and the Google Play Store, which can be easily installed on any smartphone or tablet running on iOS or Android for comprehensive market access. The mobile trading apps don’t lose any convenience feature or trading functionalities over the web trading interface, which is indeed good news for traders.
However, if traders don’t wish to download the BinaryTilt apps for mobile trading, or if you are using any device that does not support iOS or Android, you can simply use your device’s web browser to access your account. The online trading interface is designed to be a responsive trading platform, which offers the same set of advantages and trading tools on both desktop and mobile devices.
BinaryTilt Minimum Deposit & Withdrawal
BInaryTilt does not ask for a large investment, but it hasn’t set any low minimum investment option either. BinaryTilt has chosen the industry average of $250 as the minimum deposit required to trade the binary options markets. We cannot fault the broker for offering their services for a slightly higher investment, as a majority of the binary options brokers require investors to deposit at least $250 to start trading. Regardless, the broker does allow its clients to make subsequent deposits from $50 onwards, so that is a bit of respite for traders while replenishing their trading accounts.
Withdrawing funds from the broker are not as straightforward as you would expect. First of all, traders can only withdraw a minimum of $50 and are eligible for one free withdrawal per month. All subsequent withdrawals may be charged $25 per withdrawal, plus any other costs or fees of transactions. The broker also specifies a minimum withdrawal time of 7-10 days, which is indeed too high for any company. Other binary options brokers are able to guarantee 1-hour withdrawals, and we do not support BinaryTilt’s high withdrawal processing time.
BinaryTilt funding methods include Credit/Debit card transfers, wire transfer, Skrill, and Neteller. Although the company claims a 7-10 days waiting period for withdrawals, online payments through e-wallets and credit/debit cards do provide on-time crediting of funds. Therefore, we are not sure why BinaryTilt requires its traders to wait for such a long period for cleared withdrawals.
Traders can enjoy up to 100% in bonuses for every deposit made into the account, but the actual bonus amount is determined by the broker. Not all traders can qualify for the maximum bonus, as the company reserves the right to offer the bonus according to the scale of the investments. BinaryTilt can also outright deny bonuses, and it is really up to the relationship between the trader and the broker. The broker also offers other promotional gifts and rewards for keeping its customers interested, which included a Tag Heuer watch for traders in a recently concluded promotional campaign. Therefore, BinaryTilt does offer some amazing promotions for its clients, and traders do get a chance to enjoy free money and gifts.
Regardless of how hard we tried, we couldn’t find any evidence of a demo trading account. Instead of offering a demo account, the broker has opened up its trading interface for all website users, which means that it is easy for to get familiar with the platform without signing up for an account. The broker only offers a registration page for real account signups. The limited online demo does not actually allow trading of any sorts, but it does offer an opportunity to sift through the platform features and get accustomed to the trading platform. BinaryTilt should really consider offering a demo trading option to its clients, as a majority of companies provide demo accounts free of cost.
BinaryTilt Customer Service
Existing BinaryTilt clients can make use of the live chat feature, the web contact form, the email address, or the phone numbers for getting in touch with the broker’s customer service department. The response time is pretty average, as the broker has employed only a limited number of people to cater to traders’ needs. The live chat feature is quite busy during most times, and the email and web form correspondence can take days to elicit a response. The phone number is the most direct contact option, but it is only available during regular office hours. For all other customer service channels, the broker provides 24X5 support, but it is certainly not as professional as the customer service experience provided by other brokers.
BinaryTilt Trading Analysis & Resources
BinaryTilt makes full use of its market knowledge to offer one of the most extensive trading resources for its customers. Traders can access different market research and analysis tools and can take advantage of a dedicated education center, fundamental analysis, technical analysis, trading strategies, trading tips, and trading signals. Binary Tilt is certainly faithful to its promise of being a trader-oriented brokerage service, which concentrates on the core aspects of trading through its amazing online trading resource.
- A trader-oriented binary options brokerage.
- Large collection of financial instruments.
- Mobile trading enabled brokerage with dedicated mobile apps and a standalone web trader.
- Exclusive trading resources, tutorials, and market analysis.
- Good bonus for deposits.
- Higher payouts and ROI with select binary options.
- No demo trading account.
- Customer service department needs to improve response time.
- No regulation.
What Is The Minimum Deposit For BinaryTilt Account?
The minimum deposit for all traders is $250 or 250 units of base currency for other currency account holders such as GBP and EUR.
Is BinaryTilt Regulated?
No, BinaryTilt is not a regulated broker, even though it is situated in the UK.
Do I Get A Free BinaryTilt Demo Account?
No, BinaryTilt does not offer a demo account. Instead, traders can access the open trading terminal for browsing through the trading platform options and trading functionalities.
Is BInaryTilt A Scam Broker?
BinaryTilt is not a scam broker, as it offers a verified binary options trading service. The company has been offering its services to traders for more than four years.