|Broker Type:||Binary Options|
In our review of BO360 binary options broker, we notice that they are using the SpotOption trading software. This platform is very popular with binary options brokers, due to it’s user friendly interface.
You can easily trade a variety of binary option formats including, Classic Binary Options, Pairs, Ladders, Short Term, Long Term and OneTouch options. In the short term or “60 Seconds” option you will find expiry times of 30, 60, 80, 180, and 300 seconds. These different option formats can be used to trade a multitude of assets. For instance, you can place bids on Currencies, including the USD, GBP and others. Or you can choose Commodities, like Silver and Gold. Of course there are the Indexes, like NASDAQ or TA 25, and Stocks such as Tesco and Microsoft.
BO360 offers their customers a vast amount of educational material, which is available for them in many forms. This information covers anything from basic explanations of binary options to advance trading strategy. these resources come in the form of courses, online articles, video tutorials and E-books.
The company’s customer support is available 24/5 (Monday – Friday).
BO360 offers many different account types, with the minimum deposit starting at $250, see here. Additionally, trades can be made for as low as $5.
Caution! Many people are introduced to Binary Options trading through automated trading robots that promise you easy money while you do nothing. However, most of these robots are fakes, read more here.
If you are interested in a real Automated Robot, you must first look at OptionRobot.com.
We always stress the need to our readers, that they carefully review a brokers Terms and Conditions. This will help to verify what requirements they have regarding withdrawals. Read our page about complaints to find out more.
License and Regulation
Most governmental financial regulators issue special licenses to operate a binary options brokerage. Some examples are, ASIC in Australia, the FSB in South Africa and CySEC in Cyprus (EU).
BO360 has a regulatory license from the CySEC of Cyprus which allows it to operate within the EU. Their license number is 298/16, look here.
We like to suggest comparing your options of brokers who offer binary options tradings. Have a look at these other licensed brokers you might be interested in.
Daweda (full review) is a CySEC licensed binary options exchange, which uses market makers, and provides a transparent order book, see here. They also offer a unique automated trading system, look here.
The BO360 binary broker is actually owned and operated by ITRADE GLOBAL (CY) LIMITED.
Their address is: 256 Makarios Avenue, 4th Floor, Office D4, 3105, Limassol, Cyprus.
Phone Number: +357 25 355 388.