Brief information about the Master Binary broker
Master Binary – a unique binary broker
Master Binary provides the opportunity to trade binary options, currency pairs, Lookback options, cryptocurrencies, CFDs, and metals on its multifunctional platform. The broker is part of Binary Group Ltd, registered in Malta and regulated by the Maltese Gaming Authority under license number IS/70156. The company also holds licenses in the Isle of Man, Ireland, and the UK.
Master Binary’s development history in key events
- 1999 – the start of Regent Markets’ operations (initially named Master Binary) and the launch of the BetOnMarkets trading website (initially known as Binary.com).
- 2004 – opening of the development center in Cyberjaya.
- 2007 – obtaining a patent to provide trading services in America.
- 2013 – renaming the trading platform BetOnMarkets to Binary.com.
- 2014 – renaming Regent Markets to Binary Ltd.
- 2016 – obtaining a Japanese license by Binary KK’s Japanese branch (although Master Binary does not offer services in Japan).
- 2019 – opening offices in Paraguay, Malaysia, and Dubai.
During its existence, the company has received seven awards, which are reflected on the website but do not have official confirmation.
Trading platforms
- Deriv – the latest multifunctional platform;
- SmartTrader – a platform for binary options;
- Tick Trade – a platform for Android devices;
- Binary Grid – a new platform for Android;
- TradingView – a platform with charts;
- SmartCharts – a platform for creating charts.
Account funding and withdrawals
Minimum deposit and withdrawal amounts vary depending on the chosen method:
- Through e-wallets – 5 USD/EUR/GBP/AUD;
- Through Visa, Maestro, and MasterCard cards – 10 USD/EUR/GBP/AUD;
- By bank transfer – 25 USD/EUR/GBP/AUD.
There is no information about commissions on the website.
Features of Binary Ltd
- The interface is available in Russian, English, Chinese, Spanish, French, Polish, and other languages.
- An educational program is provided for trading novices.
- There is a store on the website where equipment and tools for trading, as well as clothing with the company’s logo, can be purchased or obtained for free.
- Binary Ltd offers clients an affiliate program in two formats: partner and introducing broker.
- The “Help” section contains answers to frequently asked questions about the platform and trading on Binary.com.
- The “Contacts” section lists two phone numbers with a British code and a feedback form. Office addresses are not disclosed.
Conclusion
According to the information provided on the website, the Master Binary team consists of 200 employees and serves over a million trading accounts worldwide. The broker is a well-known market participant, but various reviews leave a mixed impression of its operations. The presence of a large volume of negative reviews raises doubts about the company’s integrity and undermines traders’ trust.