Binary.com Kenya Review | This is The Easiest Way to Make Money Online

Option stock trading

What is Binary.com?

Binary.com is one of the oldest international online trading platforms. It was founded in 1999 and it is owned and managed by The Regents Market Group. Binary.com was previously known as BetonMarkets.com until in 2013 when it re-branded and transitioned to putting more emphasis on online options trading.

Aside from the head office in Malta, at Mompalao Building, Suite 2, Tower Road, Msida MSD1825; Binary.com has satellite offices in Japan and Malaysia from which it provides global trading.

Binary.com Trading

 

In the EU, financial products for Binary.com are offered by Binary Investments (Europe) Ltd., W Business Centre, Level 3, Triq Dun Karm, Birkirkara, BKR 9033, Malta, regulated as a Category 3 Investment Services provider by the Malta Financial Services Authority (licence no. IS/70156).

Outside the EU, financial products are offered by Binary (SVG) Ltd, Hinds Building, Kingstown, St. Vincent and the Grenadines; Binary (V) Ltd, Govant Building, Port Vila, PO Box 1276, Vanuatu, regulated by the Vanuatu Financial Services Commission (view licence).

Getting Started With Binary Options on Binary.com

What are binary options?

Binary option is a type of option with fixed payout in which you predict the outcome from two possible results. Buy or Sell. Also known as Call and Put. If you make your forecast with binary.com and get it correct, you will earn the agreed payout

Otherwise, you will lose your stake and nothing more – if the outcome is incorrect.

Why Should You Trade Options With Binary.com?

Binary.com Trading

  1. The Binary.com platform allows you to trade all the underlying markets available online — including: – Forex, indices, commodities, and more.
  2. Binary.com has more trading durations than any other trading platform in the market with time frames and trading durations stretching from 10 seconds to 365 days.
  3. You can earn up to $50,000 with the platform. And losses are only limited to the stake amount. Nothing more.
  4. Trading with Binary.com is safe. It is regulated by the Malta Financial Services Authority as a Category 3 Investment Services provider under the license number IS/70156.
  5. Use the Binary.com demo account to trade without risk on real market conditions.
  6. Minimum deposit in Binary.com is only $5
  7. You can start trading with as little as $1.
  8. Trade on multiple trading interfaces including MT4 trading platform, iOS and Android.
  9. Has the highest payout in the market. Earn up to 91% for any correct prediction.

Overview of the Binary.com Trading Platform.

Trading with Binary.com is easy and categorized into two: –

    1. The basic platform – consists of the Binary.com platform and the Binary Tick Trade App
    2. Advanced platform – Meta Trader 5 platform, Binary WebTrader, Binary Next-Gen platform, Binary Bot platform – used for automated trading, advanced binary options trading, CFD and Forex Trading.

How to trade and make money with Binary.com

Can I Use My Phone to Trade on Binary.com?

Yes. You can use the Binary Tick app which is specifically designed for trading on the go. The app is available for download on both playstore and app store.

How to Trade Binary Options With Binary.com

Trading binary options with binary.com is very easy.

All you need to do is pick one of two directions on your chart. UP or Down.

If you don’t already have a Binary.com Account, I recommend that you create one and open it in a new window so I can help you execute your first trade.

Here’s the step by step guide on how to trade binary options with binary.com

Step 1.  

Choose an asset to trade

Binary.com Trading platform

Binary options has lots of markets to trade — including: – volatility indices, commodities, Forex and commodities.

Step 2. 

Choose the start time, duration of trade and your stake amount.

Binary options trading in Kenya

Step 3  

Select higher or lower. Buy or Sell. Call or Put. Same thing.

Online Trading

 

Explanation 

If you select “Higher”, you win the payout if the exit spot is strictly higher than the entry spot.

If you select “Lower”, you win the payout if the exit spot is strictly lower than the entry spot.

And if you select “Allow equals”, you win the payout if exit spot is higher than or equal to entry spot for “Higher”. Similarly, you win the payout if exit spot is lower than or equal to entry spot for “Lower”.

How to Deposit Money to Binary.com in Kenya

There are very many simple ways to load your Binary.com account. Some are specific to individual countries (like Mpesa & Kenya); others are global (like the use of VISA)

In this review I’ll guide you on how to make a deposit with your VISA card & how to use Mpesa-Skrill to load your Binary.com account in Kenya.

a). How to Use Visa to Fund Your Binary.com Account  

  1. First create a live account on Binary.com then click on the deposit button on the top right corner to begin.

How to fund Binary.com

2. Click on the first option: – Visa, MasterCard, Maestro/Visa Electron Button.

3. Now fill in your card details: – Name, expiration date, card security code, the amount you wish to deposit then click on the deposit now button to complete your transaction.

How to fund your trading account

Should your card be rejected online, contact binary.com customer service to get help

b). How to Fund Binary.com Via Skrill-Mpesa

  1. Login to your binary.com account or create an account here if you are not registered already.
  2. Click on the deposit button on the top right corner of your trading platform then choose the Skrill wallet to deposit.
  3. If you don’t have money in your skrill wallet already; login to your skrill account > use your VISA/MasterCard or credit card to fund your Skrill account.

Alternatively, you can use Mpesa to fund Skrill. Follow the steps outlined below to learn how to deposit money to Skrill using Mpesa.

Binary.com Trading

  • Visit EastPesa to create an online transfer account
  • Select your service as MPESA to Skrill
  • Enter the amount you want to transfer and the system will automatically show how much you will receive to your skrill account
  • Now go to your MPESA menu, Select Paybill. Use EastPesa paybill number – 640057; account number – 3925
  • Enter the amount to transfer.
  • Enter pin and complete transaction.

c). How to Fund Binary.com Via WebMoney

  1. Login to your binary.com account or create an account here if you are not registered already.
  2. Click on the deposit button on the top right corner of your trading platform then choose WebMoney to deposit.

Binary.com Trading

 

3. Enter the amount you wish to deposit then click NEXT

4. Now click continue and confirm this payment.

d). How to Fund Your Account With Neteller-Mpesa

  1. Login to your binary.com account or create an account here if you are not registered already.
  2. Click on the deposit button on the top right corner of your trading platform then choose the Neteller wallet to deposit.
  3. If you don’t have money in your Neteller account already > use your VISA/MasterCard or credit card to fund your Netteller account.

Alternatively, you can use Mpesa to fund Skrill. Follow the steps outlined below to learn how to deposit money to Neteller using Mpesa.

Binary.com Trading

  • Visit EastPesa to create an online transfer account
  • Select your service as MPESA to Neteller
  • Enter the amount you want to transfer and the system will automatically show how much you will receive to your Neteller account
  • Now go to your MPESA menu, Select Paybill. Use EastPesa paybill number – 640057; account number – 3925
  • Enter the amount to transfer.
  • Enter pin and complete transaction.

Other transfer services that can used to deposit money to binary.com include FasaPay, Perfect Money, SticPay, Jeton GO among other payment options.

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