TopBinary was a European licensed binary options broker that is a brand of Goldenburg Group Limited.
They are located at 67 Spyrou Kyprianou, Samos Center 2nd Floor, Office 201, Germasogeia 4042, Limassol, Cyprus. Their email address is [email protected], their contact phone number in Cyprus is: .
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TopBinary Review
Investors at Top Binary can use the popular SpotOption trading software which is very user friendly. The binary trading software has over 200 underlying assets for trading on. It has many types of binary options including; 60, 90, 120, 180 & 300 second options, pairs, one touch, high low binary, and ladders options.
They also offer binary options on commodities, including Gold, Silver, Coffee, Corn, & Oil. Forex traders will find binary options on all the major currency pairs, like AUD, EUR, GBP, and USD. The TopBinary trading platform is available in English, Čeština, Slovenčina, Polski, and Italiano.
The minimum deposit for a new binary trading accounts is $400, and the minimum trade size for classic binary options is $25.
TopBinary License
When the Scam Broker Investigator reviews binary options brokers to determine if they are a scam broker or a legitimate broker, we want to know if a regulator like the CySEC in Cyprus gave them a license and they fall under the MIFId rules in Europe. Are they registered with the FCA in England or ASIC in Australia.
TopBinary is licensed and regulated in Cyprus by CySEC with license number 242/14. The benefit of choosing a broker like TopBinary is that since they are regulated, if you have a complaint, you can just go here, fill in the form, and it goes directly to their regulator CySEC. Additionally, they are a member of the Investment Compensation Fund, which protects traders account for up to €20,000 in the event that the broker becomes insolvent.
Click here to see a complete list of licensed binary option brokers.
What was your experience trading with the licensed broker TopBinary? Please share your review in the comments below.