We ventured into our search to find this out. We have gathered that this broker rates average and has been around for quite some time in the industry. We display their low results in the graph which can be found below.
Since we are still researching about this broker, we cannot say for sure that this broker is 100% legit. In order to be sure of our traders’ satisfaction we recommend you to Proceed to SafetyProceed to Safety OR choose one from the list of Top Trustworthy Binary Option Brokers:
Top 3 Brokers March 2017
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Binary Goal – Full Review
Binary Goal was established in 2014. They are a binary options broker that is owned by a company named Dolce Formula Ltd. Binary Goal is not a popular broker, but we take the initiative to investigate every broker on the market to avoid traders from becoming victims of online scams. When we reviewed Binary Goal, we came across some shocking facts that traders need to be aware of. Read this review to learn if Binary Goal is a trustworthy broker.
Binary Goal – a Legit or a Scam Broker?
It is possible for Binary Goal to be a scam, but we don’t have any evidence at the moment to prove this. When we were researching online, we were shocked to find several negative reviews about the broker. It appears that traders who have used the broker had really bad experience. While we cannot confirm that they are a scam, we will also not recommend them.
Trading Platform & Tools at Binary Goal
Binary Goal is powered by SpotOption. Traders can choose from 90 different assets that include stocks, commodities, indices and currency pairs. There are four trading options available and these include One Touch, Pairs, 60 Seconds and Long Term. They claim that their payout can reach up to 500% for various assets which we highly doubt. They don’t even have learning materials and advanced tools on their platform to simplify trading, especially for newcomers.
Account Types, Bonuses & Features
Special tailored account types are available which traders can find out about after signing up with the broker. The requirements and minimum deposits for these account types have not been mentioned by the broker. The policies of the broker are not transparent and this is the reason caution is advised, especially when it comes to bonuses and rewards. There are bonuses that traders can qualify for, but it is important to note that accepting them will have an impact on your ability to make withdrawals. You can only withdraw your money only after their minimum trading requirements are met.
When you have to choose a broker, looking at the kind of customer support that is offered is very important. Brokers must offer exceptional support service to keep their clients happy. But this doesn’t seem to be the case with Binary Goal. They don’t have an efficient team to resolve issues in a timely manner. They don’t respond to emails and live chat.
How To Get Started? Steps
- Free Sign Up – you must register for an account with the broker by filling out the sign up form.
- Trade and Profit – before you can invest on the assets, you must add a deposit of $250.
- Withdrawal – you must first understand the withdrawal procedure and meet the requirements before you can ask for your funds to be transferred.
Deposit and Withdrawal Procedures
The options that are available at Binary Goal to make a deposit and withdrawal include bank transfer, debit cards and credit cards. Other convenient online payment methods are not available. Deposits can be made in currencies including Chinese Yuan, GBP, USD and Euros. The minimum deposit is $250. The minimum withdrawal amount has not been mentioned.