BinaryTilt Review: Honest Binary Options Broker Review

Rating: 98/100

VisitNow-35
Overview:

BinaryTilt Summary
Founded 2013
Normalized profit Up to 87%
Trading assets Stocks, Real Forex, Commodities, Indices, Pairs
Total assets 125
Min. Account size $ 250
Min. Trade size $ 10
Banking methods Wire Transfer, Credit card, Neteller, Skrill, Webmoney
Trading Platform Spot 2.0
Website http://www.binarytilt.com

BinaryTilt (http://BinaryTilt.com) was launched in 2013 and is headquarted in London. They run on the well known Spot 2.0 platform and have been growing very fast over the past few years. BinaryTilt is also fully regulated by the New Zealand FSPR under regulation number FSP329926.

Like I always say, one of the limitations of binary options trading is that you cannot trade any and all securities, but are limited to what your broker has on offer. Comparatively, BinaryTilt does not lack in this field and actually sports the largest selection of tradeable assets of the brokers we have reviewed so far. As of writing this review BinaryTilt has in their portfolio currently 125 tradeable assets, including many indices and stocks.

Online reputation:
One of the better ways to know if a broker is any good is simply by digging up on them over the internet and looking for user reviews (other than this one of course). Since this is somewhat fluid and constantly changing, I always monitor the web looking out for user reviews and how the broker is behaving with other traders besides myself. BinaryTilt currently has a very good track record, with mostly favourable reviews from traders. As with any broker of this size, there are of course a few complaints, but they are mainly from traders who made some bad trades which they are trying to blame the broker for. This is known to happen in any industry that deals with trading.
VisitNow-35

Withdrawal process

Before we go into reviewing the actual platform, I think I’ll dip into what a lot of traders truly care about when choosing a broker. You see, there are unfortunately a lot of bad seeds in the binary industry who provide really bad support and make it nearly impossible to withdraw your funds.
Some brokers make it unreasonably difficult to withdraw by asking the trader to fax or mail written withdrawal requests, which are then manually reviewed and only then processed.
BinaryTilt have a very good and straightforward process for withdrawing. I made my deposit to BinaryTilt via credit card as this is usually the fastest. I also submitted all of my documentation for approval immediately after deposting, so that there wouldn’t be any excuses for the withdrawal process.

So, depositing was really easy. Now for the interesting/important part. I waited a day for my documents to be approved and then accessed the withdrawal screen and requested a full withdrawal of all the funds that I had just deposited. Sometimes a broker will call you up and beg you not to withdraw (sometimes they outright refuse).
Let’s see what happens with BinaryTilt.

Entering the withdrawal request was really simple. Just visit the withdrawal section of your account screen and enter how much you want to withdraw. You’ll then get a confirmation message telling you that the withdrawal is being processed.

So, I finished the withdrawal request and now, when you visit the banking history you can follow the status of your request. Keep in mind that until the withdrawal request has been approved, the money is not removed from your account, so if you change your mind you can still continue trading. You can also cancel the request at any time by simply pressing the cancel button in the banking history screen.

So, later that day, I get a call from an account manager asking me why I wanted to withdraw. This was expected and I simply told her that had a change of heart and am no longer interested in trading. She tried to convince me to change my mind and at least test out their platform. She even offered me a bonus which I refused and told her I simply wans’t interested. Once she realized I wouldn’t have my mind changed, she went over my documents and saw that everything was in order. She told me not to worry and that she would make sure my withdrawal request was processed promptly..

Two days later, what do you know, withdrawal request approved! Money was credited back to my credit card 3 days later. Not too bad all in all considering they only commit to 3 days for my account type.

Now for the rest of the review:

Opening an account at BinaryTilt is unsurprisingly easy and only takes a few minutes as you can see in the withdrawal review above. The minimum deposit is actually low compared to other brokers, at $250, although I wouldn’t necessarily recommend depositing only $250, it is of course nice to have that as an option. BinaryTilt also offer premium accounts with some impressive benefits to the more serious traders, and high depositors receive special features according to the deposit amount.

BinaryTilt Premium Plans

Bonuses
Many brokers use bonuses not only as incentive to get you to start trading and try to hide the terms and conditions of what the consequences are.
BinaryTilt make the bonus terms and conditions clearly visible on their main page and state everything there very clearly. They even recommend you not to take a bonus unless you plan to trade over a long term.
The terms of the bonus are that you need to trade 40X the bonus amount, with no connection to how much you deposit. This is very reasonable as many brokers require traders to trade 40X deposit + bonus in order to meet the bonus criteria.

Customer Support
So, customer support. Probably the most important aspect of a broker since it basically shows how much they care about their customers.
BinaryTilt seems to have taken this to heart, since their customer support does what it’s supposed to.
They offer phone, email and live chat support directly through the site.
I tried out the chat support, and the rep was very responsive and answered all my questions with minimal delay, meaning they didn’t need to consult with anyone and new the answers, meaning that they had actually received aduquate training.

Trading Interface
As I mentioned earlier, BinaryTilt operate with their own use a very straight forward and user-friendly Spot 2.0 trading system. The graphic system is great and everything is instantly understandable. They offer a wide range of trading tools and instruments

Regular Binary Options
BinaryTilt’s interface provides quite a bit of flexibility for traders of regular binary options. You can choose between 3 different trading layouts and switch between then easily. I would recommend trying each of them and seeing which sits best with you. All of them allow for easy and straightforward trading directly from the main screen.

As you can see in the second image, BinaryTilt even offers Candlestick graphs to trade on! These graphs are fully configurable and you can see different timeframes, crucial for decision making on different expiry times.

Pairs trading

BinaryTilt also offers pairs trading option. When trading pairs, you are basically buying options as to which of two idices or stocks are going to perform better over the next period of time. This can be a pretty good tool if you expect one of the assets to make a big move while another trades sideways.

Long Term
For those not interested in the regular expiries, BinaryTilt also offers long term options with expiries reaching almost a year sometimes.

60 Seconds
Despite the name on the menu, the 60 seconds feature actually refers to short term options. This includes expiries ranging from 30 seconds up to 300 seconds (5 minutes). With 60 seconds you can also trade straight from a candlestick graph

One Touch
The One Touch option is one of those high risk high rewards instruments, with payouts sometimes reaching upwards of 400%.

Ladder
The Ladder allows the trader to make multiple predictions on a particular asset and expiry time, with differente payouts and profits. As oppose to classic binary trading, with the Ladder, a trader can select multiple options for the same expiry time that are deep “in the money” to gain a few % points in a “safer manner”, or choose an option that is “out of the money” to gain a potential return that can reach up to 1500%.

Forex
BinaryTilt also has an option for what they call “Forex trading”. While it’s not exactly MT4 forex trading, it is a simplistic form of the same.

Mobile Platform
BinaryTilt offer web mobile trading as well as dedicated mobile apps for both IOS and Android based phones.

Summary

BinaryTilt offers a very solid binary options trading solution, with a robust and stable account management system.
Everything works well with them and they managed to pass all of my tests with flying colors.
The fast withdrawals, very nice feature selection and low minimum trade of $10 makes BinaryTilt a highly recommend broker.

BinaryTilt can definitely be wholeheartedly recommended!

VisitNow-35


Register at BinaryTilt:

Comments are closed.