Is BinaryTilt a Scam Broker or Legitimate Trading Platform?

Table of Contents

Binary options trading has exploded in popularity in recent years. But with so many brokers competing for your business, how do you know which ones to trust? In this comprehensive BinaryTilt review, we’ll take an in-depth look at this relatively new binary options broker to help you decide if it’s right for you.

What is BinaryTilt?

BinaryTilt is a binary options trading platform launched in 2013. It is owned and operated by Chemmi Holdings Limited based in London, UK.

BinaryTilt offers over 80 different trading assets including forex, commodities, stocks, indices and cryptocurrencies. Traders can utilize various binary option trade types such as high/low, one touch, 60 second options and more.

The brand is relatively new to the binary options industry. In this BinaryTilt review we’ll examine the key factors for and against trading with this broker.

Is BinaryTilt a Scam Broker?

There are certainly some shady brokers operating in the binary options space. However, BinaryTilt shows no obvious signs of being a scam. Here are a few reasons why:

Regulated broker – BinaryTilt is regulated by the UK Gambling Commission, providing oversight and accountability.
Real company – Chemmi Holdings Limited is a real business with company number 08789885.
SSL encryption – The website utilizes SSL encryption technology to keep your data secure.
Responsive customer service – Users report prompt and helpful assistance from the customer support team.
Ability to withdraw – Traders are able to deposit and withdraw funds without issue, unlike scam brokers.

While these are positive signs, there are a few areas that may raise concerns for some traders:

No investor compensation – UK regulation does not provide deposit insurance like some other jurisdictions.
High bonus restrictions – Bonus funds require a high volume of trading before withdrawals are permitted.
Limited assets – Some traders may find 80+ assets limiting compared to 500+ on other platforms.

Overall, BinaryTilt appears to operate as a legitimate binary options broker. While there are some drawbacks, they offer a user-friendly trading platform and responsive customer service. Just be aware of the bonus restrictions before accepting any offers.

BinaryTilt Trading Platform Overview

One of the most important factors when choosing a broker is their trading platform. BinaryTilt offers a robust and user-friendly platform developed by industry leader SpotOption.

Interface – The platform features an intuitive design with clean menus and easily accessible trade settings. Charts have drag-and-drop functionality.

Technical analysis – Tools include indicators such as Bollinger bands, moving averages, RSI, and drawing tools. Advanced charting available on desktop platform only.

Trade types – In addition to basic call/put binary options, BinaryTilt offers exotic types like one touch, 60 second, and ladder options.

Demo account – You can sign up for a free demo account with $1,000 in virtual funds to trial the platform. This is a key feature missing from some brokers.

Mobile app – BinaryTilt offers mobile trading apps for iOS devices via the App Store and Android on Google Play.

Overall, the BinaryTilt platform provides a competitive trading environment similar to larger brokers. The demo account is a huge plus for practicing your strategy.

BinaryTilt Asset Index

A key factor in selecting a binary options broker is the variety of assets available to trade. BinaryTilt offers a decent selection including:

Currencies – Major pairs like EUR/USD, GBP/USD, USD/JPY as well as minors like USD/CAD, AUD/USD and exotics.

Cryptocurrencies – Top names like Bitcoin, Ethereum, Litecoin, and Ripple.

Stocks – Over 25 major global stocks from Apple to HSBC and Volkswagen.

Indices – All major world indices like S&P 500, FTSE 100, Nikkei 225.

Commodities – Crude oil, natural gas, gold, silver, corn, wheat, and more.

While some brokers offer 200+ assets, BinaryTilt provides enough variety for most traders. You can always expand assets by trading currency pairs as indexes or commodities as stocks via CFDs.

BinaryTilt Account Types

BinaryTilt offers three account tiers designed to accommodate traders of all experience levels. Each has its own minimum deposit and set of perks.

Bronze – Classic account requiring a minimum deposit of $250. Comes with a 25% welcome bonus.

Silver – Middle account tier with $1000 minimum deposit and 40% bonus. Adds personal analyst and advanced ebook.

Gold – VIP account with $3000 deposit minimum and 50% welcome bonus. Includes 1-on-1 coaching and monthly analytics call.

The bonus sizes on the Silver and Gold accounts are among the most competitive in the industry. Just be sure to read the fine print for withdrawal conditions.

You can upgrade your account tier at any time simply by depositing the required minimum amount. All accounts utilize the same trading platform with full asset and trade type availability.

Deposits and Withdrawals at BinaryTilt

BinaryTilt offers a variety of options for depositing and withdrawing funds from your trading account. Processing is generally quick and hassle-free.

Credit cards – Visa and Mastercard deposits available with processing in 1 business day.

Wire transfer – Bank wires processed within 1 business day.

eWallets – Setup eWallet services like Neteller or Skrill for fastest deposit/withdrawal times.

Bitcoin – Deposit using BTC for quick and anonymous crypto trading.

Most methods have a minimum deposit around $250. Withdrawals are processed back to the method used for depositing. Processing time is 1-2 business days.

BinaryTilt does not charge fees for deposits or withdrawals. Just be aware of bonus terms that may impact withdrawal eligibility on some accounts. Overall, funding your account and withdrawing is simple.

Download our profitable Forex Scouts Gold V9 Robot

BinaryTilt Customer Support

If you do ever have an issue as a trader, you need to know your broker has reliable customer support at the ready. BinaryTilt provides responsive service through several channels.

Live chat – Get instant answers to general questions via live chat at the bottom right of the screen.

Ticket system – Submit a support ticket for an email response to in-depth inquiries.

Phone – For urgent issues, call +442080997262 to speak with a support agent.

FAQ – Answers to common questions are available on the FAQ page. Includes trading guides for beginners.

User reviews praise BinaryTilt for quick response times across support channels. Their UK-based multilingual agents aim to resolve issues on the first interaction.

Frequently asked questions

Is BinaryTilt Recommended for Traders?

BinaryTilt delivers a competitive trading platform and asset selection, regulated status, responsive support and—most importantly—the ability to reliably withdraw funds. While the high bonus trading requirements and lack of investor protection may be concerning for some, overall BinaryTilt is a legitimate binary options broker worthy of consideration.

Just be sure to start with the free demo account to trial their platform before depositing real money. As with any broker, conduct due diligence before committing funds and manage your trading risk appropriately. With responsible trading, BinaryTilt provides a regulated environment to profit from short-term price movements across global markets.

Q: Is this broker a legit binary option trading platform?

A: Yes, Binarytilt is a legitimate binary option trading platform. It is a well-established company that has been providing trading services for several years.

Q: Can I get a bonus from Binarytilt.com?

A: Yes, Binarytilt offers bonuses to its traders. These bonuses can be used to increase your trading capital and potentially earn higher profits. However, it is important to carefully read and understand the terms and conditions associated with the bonuses before accepting them.

Q: What is binary option trading?

A: Binary option trading is a financial instrument where traders predict the price movement of an underlying asset within a specified time frame. Traders can place a call option if they believe the price will go up or a put option if they believe the price will go down.

Q: Does Binarytilt provide a demo account?

A: Yes, Binarytilt provides a demo account for traders to practice and familiarize themselves with the trading platform. The demo account mimics real market conditions without using real money, allowing traders to gain experience and test their strategies before trading with real funds.

Q: Are there any reviews of Binarytilt.com available?

A: Yes, there are reviews of Binarytilt.com available online. Traders can find reviews on various financial websites and forums where users share their experiences and opinions about the platform.

Q: What assets are available for trading on Binarytilt.com?

A: Binarytilt offers a wide range of assets for trading, including currencies, stocks, commodities, and indices. Traders can choose from a diverse selection of assets based on their trading preferences and market analysis.

Q: Can I withdraw my funds from this broker?

A: Yes, you can withdraw your funds from Binarytilt. The withdrawal process is straightforward and can be done through the platform’s secure online portal. However, it is important to note that there may be certain requirements or conditions that need to be met before initiating a withdrawal.

Q: Is Binarytilt running a scam?

A: No, Binarytilt is not running a scam. It is a legitimate trading platform that has been providing services to traders for a number of years. However, it is always advisable to do thorough research and exercise caution when dealing with any financial service provider.

Q: Can I trust Binarytilt to handle my funds?

A: Yes, Binarytilt has a good reputation and has been trusted by thousands of traders around the world. The platform implements strict security measures to protect traders’ funds and personal information. However, it is advisable to independently research and evaluate any trading platform before investing your money.

Q: Are there any frequently asked questions about Binarytilt?

A: Yes, there are frequently asked questions about Binarytilt that are commonly addressed by the platform. These questions cover various aspects of trading, account management, bonuses, withdrawals, and more. Traders can find these FAQs on the Binarytilt website or reach out to the customer support team for assistance.

Access my Chart Patterns PDF Course

Conclusion – Key Takeaways

BinaryTilt is owned by UK company Chemmi Holdings and regulated locally.
The SpotOption platform offers a range of standard and exotic binary options with advanced charting.
Traders can deposit/withdraw via credit card, wire transfer, Skrill, and Bitcoin with no fees.
Bonus terms require very high volume trading before withdrawals allowed.
Customer support is responsive through live chat, ticket system and phone.
Overall BinaryTilt offers a legitimate platform for binary options trading in a regulated brokerage.