99Binary was a binary options broker offering the Panda trading platform owned by Blue Marine Development LTD. 99Binary is located at 71-75 Shelton Street, London Covent Garden UK , WC2H 9JQ. Their phone numbers are: Canada (437) 886-0146 and United Kingdom (+44) 203 769 0361, and contact email address is firstname.lastname@example.org.
For trader complaints read this.
Scam Trading Software
Warning: If you plan on using an auto trading robot then you should first, read this.
The most popular automated trading robots are listed here.
Trading Platform Review
The trading platform that 99Binary uses for binary options is called Panda. Investors can choose from a wide selection of underlying assets to trade including; Forex Pairs, Commodities, Stocks (Shares) and Stock Market Indexes. Available are a few types of binary options including: Hyper (30 and 60 seconds, 2, 5, and 10 minute options), High / Low, One Touch and Range Options. Payouts on high low binary options go as high as 85%, depending on the time of day.
Copy Trading is a built in feature of this trading software. Mobile trading apps for Android and iOS are available. The minimum deposit for a new trading account is $250.
When reviewing a binary options broker to determine if they are a legitimate broker or a scam broker we check a few things. We first look to see if they are licensed and regulated by CySEC in Europe, or the CFTC in the United States.
99Binary is not a licensed broker.
Checking the list of licensed brokers is always important when choosing a new binary options broker. FINRA published an investor alert regarding offshore binary options brokers. Read the alert on FINRA’s website here.
If you are interested in testing a broker with a demo account using the same software as 99Binary you can take a look at CToption.com.