You Asked: How to trade at Binary.com Indonesia?
Binary.com has been in business since 1999. It was originally launched under a different business name, but underwent a radical rebranding and restructuring in 2013, since which it has gone from strength to strength. It is ideal for those of you resident in Indonesia, due to the relatively local Malaysian office and the availability of an Islamic option.
Although Binary.com is marketed as a ‘no frills’ broker, by no means is it lacking in any respect. One of the broker’s biggest accomplishments is its award-winning bespoke trading platform, which is straightforward for beginners to use, but easily adapted for those of you who are more experienced traders.
There are just two account options, Virtual or Real. A virtual account can be accessed in just a few seconds, simply by entering your e-mail address, or by using a Facebook or Google sign in. We highly recommend starting this way so that you can familiarise yourself with the platform.
If you do decide to go straight to a Real account, there is a slightly more lengthy registration process, which is required under the terms of the broker’s regulation and is there for your protection.
There is a huge number of account funding methods available to you and you can trade using your local currency, the Indonesian Rupiah. Binary.com’s minimum deposit is the equivalent of $5, but for certain account funding methods, the amount is sometimes higher.
Indonesian residents are well catered for by the broker’s Malaysian office, which provides customer support in multiple languages, including Indonesian and is available 24/5 via a toll-free phone number, live chat or e-mail.
Jacob has been an author for us since our launch in 2012. He has over forty years’ experience in the financial sector and has held a variety of positions within financial services corporations and venture capitalist organisations.
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