BinaryTilt is one of the many brokers of binary options trading. Since BinaryTilt is something new in the arena, people that trade in binary options are asking whether or not it is a scam. This is nothing new – traders these days are now very wary about scams. The new ones are even more questionable if they are legit or just some front to make victims out of innocent traders. There is nothing wrong with being wary with new brokers in the industry, which is in fact something that every trader should do. It is wise never to trust new brokers that easily, especially if they are not recommended by experts or reputed to be a good provider.
How do you identify a scam? You ask the following questions yourself – the first is transparency about their whereabouts. One of the common traits that points to a scam is that the trade or the group itself never provide an accurate details of their address or oftentimes provide a very vague information. This is to make sure that they are not easily reached. While this one is pretty obvious at first glance, scammers are getting crafty with their approach.
They will try to explain something to compensate for the vagueness of the information by convincing traders reasons why their address is pretty vague. They have a lot of crafty strategies up their sleeves, but the first giveaway is their vague address – something that you should immediately dismiss. BinaryTilt, however, contradicts this particular pattern of scams. Various experts that deal with reviewing new brokers in the industry find that all their whereabouts are true and authentic.
Another thing that you should be wary about is their withdrawal policy. Traders should be extra wary about brokers that have clauses with their terms of withdrawal. Some traders have learned from scammers that they never see the fruit of their returns and at that time they have learned. In this aspect of BinaryTilt, they have won the hearts of experts since their withdrawal and deposit methods are perfectly transparent.
You will often find a lot of complaints from other users of BinaryTilt. Experts started the review on BinaryTilt after hearing several complaints coming from its users. But the truth is none of them were really true. Even if you try to investigate it yourself, there are no credible sources of the claims made by those who complained. Experts and professionals have given their word that BinaryTilt is not a scam.
Over the times since BinaryTilt came into the industry, it has become one of the best new brokers. One of its unique characteristics is how it is regulated in New Zealand, when most brokers are regulated under Cyprus. Since it is quite rare to get a regulation other than from Cyprus, safety and protection are not a problem with this platform. Since it is a platform that every trader are looking for answers with. While the sophistication level of its platform is simple, it doesn’t deny the fact that a lot of traders find it very comfortable to use it. The standard trading styles is evident, including their options contracts such as On Demand, One Touch, Range and the High/Low.
It is said that the On Demand feature of the contracts in this platform is what makes BinaryTilt really unique, because traders can customize their preferences. BinaryTilt comes with three commodities and eleven indices. The commodities such as oil, silver and gold are primarily EU and US with a couple of Asian and Middle Eastern within. Each of them is available for trading when the markets become open and they are based on its range. If you choose to trade with one touch, a range will be displayed in either side of the asset price so traders can purchase it any given time before the options expire.
Experts also consider banking with Binary Tile at the cutting edge. The platform accepts the usual major credit cards and various wire transfers. They also accept various eWallets such as PayPal and Skrill, including ChinaUnionPay for those who are based in China. Depending on the account that you hold, withdrawals can be instant, or at a good couple of days, usually up to four days. The fastest methods for withdrawals are Skrill and Paypal, making traders receive their funds in a matter of minutes. Wire transfers and credit cards can come with a few restrictions that can be outside the control of BinaryTilt.
Just keep in mind that the complaints you find from BinaryTilt are just a few, even if you feel that you have seen plenty. Most of these complaints do not have valid sources and have no proof whether or not their claims are what they really seem to be.