Binary.com Trading Platform – Review, Top Features, Set-up Process, Benefits & more
Last Updated Date: Nov 16, 2022Know everything about Binary.com Trading Platform here.
Binary.com has a special feature when it comes to MetaTrader 5 platform. They let traders trade volatile indices through MT5 or MetaTrader 5 platform.
This trading platform provides EAs or Expert advisors which are computer programs that help a trader to trade in different formats.
There are lots of other features that this platform provides to its traders. In this article, you will get to know more about their features and benefits.
You will also know how to set up an MT5 or MetaTrader 5 account via Binary.com. You will know the processes involved to start trading in the Binary.com as well.
About Binary.com Trading Platform
Binary.com trading platform uses MetaTrader 5 as their trading platform which enables users to trade and do analytics on market trends.
The platform is designed to keep a note of the ups and downs going on in the market which is done via Technical Indicators.
A lot of their brokers use MT5 as their trading platform but then the interfaces and features differ a lot. MetaTrader 5 is built for the advanced trader.
There is another version of MetaTrader 5 which is the predecessor to it and is known as the MetaTrader 4.
MetaTrader 4 is one of the most hyped app platforms and due to its popularity the makers of the MT4 app have introduced this MT5 trading platform for advanced users.
MT5 trading platform contains technical indicators that help traders to analyze the market directions.
You can use the Expert Advisors feature which is a computer program and is written in the MLQ5 programming language.
Here you can use Automated Trading which will help you to buy and sell trades. You can start trading from position sizes as low as 0.001 lots.
Get Free Access to Platform – Open a Forex Account Now!
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Binary.com Trading Terminal – Top Features
The makers of MetaTrader 5 marked their entry to introduce trading of Forex and CFD with the launch of this platform.
However, Binary.com provides extra added features through Meta Trader 5 trading platform and this makes the Binary.com Online trading platform, one of the most loved trading platforms of the decade.
In the Binary.com trading platform, you can track market trends, analyze market directions, and trade in real-time.
Let us take a dig at the key features that the Binary.com trading platform has to provide.
Forex and CFD trading at zero commission and highly competitive spreads
With the Binary.com trading platform you can trade at zero commission and also the spreads are very competitive.
There are different account types in the platform where you can get direct access to liquidity providers
Get access to free and paid technical strategies available in the Meta Trader market
Binary.com Meta Trader account allows you to get free and technical strategies which are available in the form of computer programs called Expert Advisors which allows you to run strong algorithms and helps you to achieve the desired target.
MT5 is highly customizable with the help of various tools available and you are also eligible to automate trading and can also do 1-click trading.
Inserting the add-ons or the Expert Advisors from the market is very easy
In-depth analysis of the market using technical Indicators
There are various free and paid trading tools available which run with the help of computer algorithms.
These tools are of industry standards that are best suited for fundamental and technical analysis.
Moreover, you can access the platform from your web browser or even a mobile-based version.
How to Set up Binary.com Web Trading Platform?
Setting up an account with Binary.com is very easy and once you register with them you can easily log in to your MT5 account as well
First, you need to open a trading account with binary.com. To do that you need to visit their official website and complete the registration process.
Keep the login credentials handy with you so that you can log in to the MT5 trading platform. Now you have to download the MT5 trading terminal.
The setup file is available in excel format for PCs and is readily available for download via Binary.com’s official website. Download the setup file and install it on your desktop.
Open the MT5 app after you have successfully installed it on your device.
Once you are inside the app, you will be given the option to choose from an array of brokers. Choose Binary.com as your broker and put the correct credentials and log in to the trading platform.
After a successful login attempt, you will be able to use all the features of the Binary.com trading terminal
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How to Own Binary.com Online Trading Platform?
Other trading platforms are associated with binary.com but if you choose Meta Trader 5 only then you can go and log in to the platform.
MT5 trading account gives a huge number of features that are not provided by the other trading platform under Binary.com.
You can select one-click trading to automate the trading process.
Here you will instruct the preferences and include funds into your account after which the computer programs which are also known as Expert Advisors will run their course and trade on behalf of you.
On the other hand, you can easily trade the traditional way by purchasing on lows and selling on highs.
There are tons of other features available which you can try out accordingly.
If you are not sure about any feature, you can try it out on the demo account which is meant for testing purposes and runs with reel money.
Advantages of Binary.com MetaTrader 5
Meta Trader 5 terminal of Binary.com is available 24×7 for trading which gives flexibility to the users.
Meta trader 5 has an array of trading tools that are robust and works like charm for the traders during trading.
It provides their users with pinpoint technical indicators which helps you to analyze the market fundamentally as well as technically.
One more advantage of MetaTrader 5 is the Expert Advisors feature which are computer programs and which work on advanced computer algorithms which help a trader in automated trading.
Check out the Online Trading Platform of FOREX Brokers
Binary.com Trading Platform – Conclusion
There are different Binary.com trading platforms available for use but a maximum of the clients chose to trade with the MetaTrader 5 terminal.
Meta trader 5 popularity has been directly linked to the success of the MetaTrader 4 trading platform and it has an array of tools and technical indicators which help you to analyze the market trends and achieve your target efficiently.
Binary.com Trading Platform – FAQs
Here is the list of FAQs related to the Binary.com Trading Account:
What is the Binary.com Trading Platform called?
Binary.com trading platform has numerous trading platforms based on user levels.
The most used trading platform of Binary.com is the MetaTrader 5 trading platform.
Does Binary.com provide Web Trading?
MetaTrader 5 app which is the trading platform of Binaray.com is completely online which means it only supports web trading and offline trading here is not possible.
Is Binary.com MetaTrader 5 Free to use?
Binary.com trading platform does not incur charges on the free user account where you may have to give some commissions however, if you go for the paid account types you will get zero commission charges and will get access to lots of advanced trading features.
How to download Binary.com Trading Terminal?
You have to download the MT5 trading terminal for Binary.com, without which you won’t be able to do trading.
The setup file is available in exe format for PCs and is readily available for download via Binary.com’s official website.
Download the setup file and install it on your desktop.
What features does the Binary.com Online Trading Platform have?
In the Binary.com trading platform, you can track market trends, analyze market directions, and trade in real-time.
Binary.com trading platform lets you trade at zero commission and also the spreads are very competitive.
You can get access to free and paid technical strategies available in the Meta Trader market.
You can also get access to paid and free technical strategies available in the Meta Trader market
Can I trade in Shares via the Binary.com MT5?
Yes, you can trade in shares via the Binary.com Trading platform.
You can trade for CFDs, Forex currency pairs, and much more with the help of this online trading terminal.
Is Binary.com Trading Terminal good?
Yes, it is a very good platform for traders. Binary.com trading platform uses Meta Trader 5 as their trading platform which enables users to trade and do analytics on market trends.
MetaTrader 5 has a very good reputation in the market because of its predecessor MetaTrader 4.
Can Binary.com Web Trading Platform be used without EKYC?
EKYC is mandatory with most online trading platforms and this is equally the same for the Binary.com trading platform.
Does Binary.com Trading Platform provide Tips?
Binary.com do provide tips through the Meta trader trading platform
How to Buy Currencies via Binary.com Web Trading Platform?
Buying currency in the Binary.com trading account is very. There is a one-click trading feature that automates the trading process.
You can instruct the bots about your preferences and include funds into your account after which the computer programs which are also known as Expert Advisors will run their course and trade on behalf of you.
On the other hand, you can easily trade the traditional way by purchasing on lows and selling on highs.
Get Free Access to Platform – Open a Forex Account Now!
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