Owned and managed by a New Zealand based holding company called Scent Investments Ltd, BinaryTilt is one of today’s leading binary options brokers in the southern hemisphere. Despite the fact that BinaryTilt only came on to the binary trading scene in 2013, they have become one of the most trusted binary brokers among Australian traders. With its headquarter located at #228 Queen Street, 4th Floor, Auckland 1010, New Zealand, BinaryTilt is uniquely different from most other binary brokers in the sense that it is regulated by New Zealand’s Financial Markets Authority (FMA) rather than by the Cyprus Securities Exchange Commission (CYSEC).
Trading Platform
For their trading platform, BinaryTilt has adopted the binary platform that is designed by MarketsPulse, a leading enterprise technology provider for Binary Options operations as well as spot forex trading. Their platforms have been adopted by several leading online brokerage firms such as Oanda and Ava Trade.
While BinaryTilt’s trading platform might not be as sophisticated as the SpotOption powered platform, it is still sufficiently well designed to allow any user to get the hang of its operation after just a few tries. For their traders’ convenience, BinaryTilt has also provided Mobile apps for iOs and Android devices to cater for traders who want to trade on the move.
Trade Types
BinaryTilt’s trading platform supports the following types of options trading contracts:
• High/Low
• One Touch
• Option on Demand
• Range High/Low
While most binary traders might be familiar with most of the above mentioned option contracts, they might not be used to the “Option on Demand” contract. With this type of contract, traders can customize their trades by choosing the expiration time and payout that they want.
Unique Features
The most unique thing about BinaryTilt’s trading platform is the “Option on Demand” trading contract. With Option on Demand, BinaryTilt’s traders have the choice to open several positions on a particular asset at any time while the asset is still being traded.
Another unique thing about BinaryTilt is the fact that they also offer a demo account for those who are interested to test the platform but do not want to risk any real money. We view this feature as being unique for the simple reason that only a handful of binary brokers are willing to provide this facility.
Trading Accounts
To open a live trading account at BinaryTilt, you will need at least a minimum of $350 for the initial deposit. Altogether, there are 6 different types of trading accounts provided by BinaryTilt:
- Basic Account (minimum deposit $350)
- Classic Account (minimum deposit $1000)
- Premium Account (minimum deposit $5000)
- Gold Account (minimum deposit $10,000)
- Platinum Account (minimum deposit $20,000)
- Privilege Account (minimum deposit $50,000)
Payout Ratios
On average, traders can expect a return on their investment between a range of 70% to 80%. Nevertheless, returns of up to 100% are possible for those who are trading with the riskier one touch option.
Asset Index
Altogether, BinaryTilt’s traders have access to more than 100 types of underlying assets covering the commodities market, currency market, stock market and indices market.
Customer Support
In terms of support options, there are several ways available to get in touch with the support team. Traders can do so using the web contact form supplied, email, live chat and the telephone. Service hours are from Monday through Friday 8:30 AM to 5 PM NZDT.
Pros
- Bonus Up To 100% For First Time Deposits
- Free Trading Signals
- Mobile Trading With Award-Winning Mobile App
- Personal Broker & One-On-One Training Classes
- Regulated Broker
- Safety Of Funds (Held With AAA Rated Banks)
- Up To 100% Returns
- Wide Range Of Payment Methods Available
Cons
- Customer Support Only From Monday To Friday
- Live Chat Not Working (Leave A Msg)
- Only 4 Choices Of Trading Contracts
Conclusion
BinaryTilt has always placed integrity and full transparency as their top priority. With this in mind, new traders can rest assured that their funds will be safe in the hands of this broker.