The activities of the company are also being monitored by Polish Securities and Exchange Commission.
The X Trade group history dates back to and from then they have continuously strived to develop successful relationship with their clients. XTrade binary option broker has its offices in 10 countries and hence is an international broker. With a host of trading platform to choose from, the traders are spoilt for choice.
The binary option trading is completely web based and does not require downloading or installing any software. They have a host of binary options to trade in.
They have an array of assets to trade in and are diversifies into forex, indices and commodities and does not include forex. They do not provide Touch option trading.
What is the Best Binary Options Broker?
Their website is available in 11 languages making it easy for the traders to understand. They do not have any commission on forex trading, options and binary options.
Let us take them one after the other. Expiry times can be as low as 5 minutes.
They have a commission of 0. They have margin interest and no depositing fees.
They have withdrawal fees of 50 zl. They have an excellent customer support service and the staffs x trade binary options well trained to handle any query or issues related to binary option trading.
The customer support service can be availed through manuals, forums, call back, newsletters, chat and phone. The customer support service is available for 24 hours and for 6 days.
They also provide solution to your problems through emails and the response time for the email is 48 hours. They also provide personal managers so that the traders can handle their accounts better. They also accept orders trend line concepts telephone.
One can also request for email alerts and mobile alerts. They have a free demo account and hence the traders can easily look to open an account only when they are happy with the service provided.
Binary options depend on the outcome of a "yes or no" proposition, hence the name "binary. At the time of expiry, the price of the underlying asset must be on the correct side of the strike price based on the trade taken for the trader to make a profit. A binary option automatically exercisesmeaning the gain or loss on the trade is automatically credited or debited to the trader's account when the option expires.
However, this demo account is available only for 15 days.