99binary Review

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99Binary Review

Overview

Last review update, May 22, 2020 [warning] Notice to Traders UsBinaryOptions don’t endorse 99Binary anymore . Check our list of brokers accepting US customers. [/warning] Deciding what binary options broker to use… more

Details

Platform 99Binary
Website URL www.99binary.com
Founded 2020
Headquarters Marshall Islands / UK
Support Number (+44) 20380 70176
Support Types Live Chat , E-mail , Phone UK (+44) 20380 70176
Languages English , German , Russian
Trading Platform Panda Platform
Minimum 1st Deposit $399
Minimum Account Size $399
Minimum Trade Amount $5
Maximum Trade Amount $20,000
Bonus Up to 100% Bonus
Max. Payout 85%
Free Demo Account
Deposit Methods Wire Transfer , Credit Cards , cashU , AstroPay , cashU , BankLink , Euteller , Giropay , iDeal , MB Multibanco , Paysafecard , Poli , TrustPay , UseMyBank , Swift
Number of Assets Over 100
Types of Assets Currencies , Indices , Commodities , Stocks
Account Currency EUR , USD
US Traders
Mobile Trading
Tablet Trading
Overall Score 3.0
  • Up to 85% Return
  • Easy to Use Platform
  • Up to 100% on first Deposit
  • Fast Withdrawals
  • Few assets to trade
  • Not Mobile app for Android

Full Review

Last review update, May 22, 2020

Notice to Traders

UsBinaryOptions don’t endorse 99Binary anymore .

Check our list of brokers accepting US customers.

Deciding what binary options broker to use is an important decision, especially where your money is involved. This review of 99Binary will provide some clarity regarding the platform and tools that 99Binary offers. 99Binary is providing services since 2020.

Trading Platform & Mobile

This allowed 99Binary to provide a most up-to-date platform with all the needed and necessary tools for the binary options trader. The most prominent feature of the 99Binary services is their “Panda” based platform which comes with an easy to use interface that allows for a smooth user experience. The platform features quick responsiveness and the full binary features of High/Low trading, 60 Second, Boundary and One Touch. 99Binary is constantly perfecting the platform adding new features like copy trading where you can automatically copy the actions of top traders online at real time.

Currently they don’t provide apps for Android.

Type of Accounts

99Binary offers its clients four different types of accounts, starting with the basic Starter account which demands an initial deposit of $399 for a new user. Your first deposit will award you with a 30% deposit bonus in your account. Following that, 99Binary also offers a Pro account starting with an initial deposit of $1000. The Pro account offer a 50% welcome bonus and personal account management. The Premium account offered starts at $4999 and the Diamond VIP account allows for special benefits and bonuses. The Pro account is definitely worth looking at if you’re looking for the best value.

Assets and Expiry Time

Considering specs, 99Binary offers over 99 assets, including 30 stocks, 15 currencies, 7 commodities and 20+ indices. Within this selection you can invest up to 81% in less than 15 minutes and up to 71% in less than 60 seconds. The platform allows for smooth trading by just selecting the preferred parameters – the asset, investment amount, price direction and final date.

Deposit & Withdrawal Options

As part of our review we opened a starter and pro account – testing the platform and the responsiveness. The 99Binary platform has proved itself and its abilities, and the system is very agile. Once you are ready to withdraw funds, you can use almost every type of credit card, wire transfer and swift, giropay, webmoney, paysafecard, moneta/ru, trustpay and more payment methods. By accessing your account and accessing the withdrawal tab you can choose the amount you wish to withdraw and confirm the action. It’s important to note that if you deposit with a certain payment method, that will be the method of withdrawal.

99binary charge a fee of $8per credit card withdrawals and $25 if you use wire transfer. All withdrawals are processed within few days.

Best Binary Options Brokers 2020:
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  • Binomo
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    Honest broker!

Payout

This broker has a payout percentage pretty high ( up to 85 percent).

Bonus Plans

Our USBinaryOptions team have negotiated a great 100% deposit bonus for all our visitors.

Customer Service

99Binary offers its services to all clients, worldwide, whether you’re a professional trader or a beginner; personal customer service representative can help you via phone, email and chat, in English, Russian, and German. The customer service representatives can guide you through the trading process, and refer you to online training videos provided by 99Binary.com.

Accept US Traders

Yes, All US traders are welcomed to 99binary.

99Binary Review- Summary

Being relatively new in the binary options market, we approached 99Binary heavy with doubt. Following our experience with 99Binary, from the agility of the platform to the responsiveness of the customer support and up to our withdrawal methods, we can clearly say that 99Binary is a platform worth using. 99Binary is constantly improving its platform, adding new assets and languages, and listens to its clients when it comes to new additions to the binary options trading experience. 99Binary is recommended to those who want a perfect trading experience that just keeps improving.

99Binary Review

99Binary

Broker 99Binary
US Traders Accepted
Company Name 99Binary.com
Headquarters Anguilla
Regulation No
Bonus Type Match bonus
Bonus Size 75%
Max Payout 75%
Out-of-Money Reward 10%
Trading Platform Panda
Deposit Options Credit/debit card, wire transfer, Skrill, UnionPay, CashU, WebMoney
Deposit Currencies US Dollar, British Pound, Euro
Minimum Deposit $399
Minimum Trade $5
Maximum Trade $20,000
Online Since 2020
Trading Instruments Stocks, currencies, commodities, indices
Number of Trading Instruments 82
Binary Option Types High/Low, One Touch, Range, Hyper (30 seconds to 10 minutes)
Customer Support Types Email, paper mail, live chat, telephone
Education Offered How-to pages, FAQ, glossary, market reports, video tutorials, eBook, 1-on-1 training, personal account manager, tailor-made trading strategies
Tools Offered Copy trading
Commission $8 withdrawal fee for credit or debit cards, $25 withdrawal fee for wire transfer. $20 minimum for credit or debit card withdrawals, $50 minimum for wire transfers.
Languages English, Arabic, German, Russian
Demo Account No

99Binary got started in 2020, and offers binary options trading to customers in the USA and around the world. The company is based in Anguilla, and has a well-developed, comprehensive website with an abundance of information and features. There do appear to be some technical hassles with the site registration forms, and customer service is a bit lacking. Still, 99Binary is worth a look because of the positive features they do have.

Account Tiers and Benefits

To get signed up on 99Binary as a new customer, you need to fill out the registration form. Unfortunately when I tried this, the form was broken, and kept telling me I had not put in my first and last name and phone number, when in fact I had. This is probably just a technical hiccup, though, since I did not encounter any problems whatsoever with other pages of the site and features.

Once you do manage to register, you can deposit money in a currency of your choice (US Dollar, Euro, or British Pound), and choose an account tier. If you deposit the minimum $399 or the equivalent), you will get a Starter Account. This account comes with a 30% match bonus. The next tier up is $999 for a Pro account, which includes a 50% bonus. If you deposit $4,999 or more, you get a Premium account, which includes a 75% bonus. The top account is the Diamond account. For this tier, you need to deposit $20,000 and contact customer service about the bonus amount.

One interesting feature involving bonuses on this site is the trading turnover requirement, which decreases with each tier. You need to achieve a 30x turnover in order to cash out your bonus at the Starter level, but you only need to achieve a 20x turnover in order to cash out the bonus if you have a Premium account. This is a very nice feature for traders who like bonuses.

The Starter account includes 24/7 support (supposedly), access to the 82 assets on the site (currencies, indices, stocks, and commodities), and monthly promotions. As you move up the tiers, additional benefits come into play, including one-on-one training, five risk free trades, membership in the 99Club, a personal account manager, same-day withdrawals, tailor-made promotions, “special gifts,” and tailor-made trading strategies. Personalized trading strategies is another very cool feature. Additional resources available to registered traders include video tutorials and an eBook, along with the standard FAQ, glossary, and how-to pages.

Trading on 99Binary

When you first look at the trading page on 99Binary, it will look a bit unfamiliar to you, because it is not powered by SpotOption or one of the other major trading platforms. It is actually powered by Panda, which is a proprietary trading program. Nonetheless, the layout is very similar to SpotOption, and you should quickly and easily be able to find your way around and learn how to use the platform.
99Binary has four different types of trades: High/Low, One Touch, Range, and Hyper. Range trading is a great way to make money in flat markets, and is not the most commonly offered form of binary options trading, so it is great to see it here. “Hyper” trading refers to fast trades that last 10 minutes or less. The shortest trades are 30 to 60 seconds.

One drawback you will notice while you are trading on this site is that there is a shortage of standard useful trading features such as early close, double up, and rollover. The lack of early close is a major inconvenience, since early close helps you to control your trades. One nice feature that is included is copy trading, where you can look at a widget on the right-hand side of the page and see other trades recently placed by fellow customers. You can then copy those trades yourself and reap the rewards of other traders’ hard work.

Another exciting feature of 99Binary is their wide range for investment sizes. You can trade as little as $5 or as much as $20,000. This is a much broader range than is typical, and makes 99Binary an accessible trading platform for holders of both large and small accounts.

Withdrawals are a bit of a mixed bag. Some of the account tiers qualify for same-day withdrawals, which is great. Not so great is the fact that you must pay a fee every time, regardless of your withdrawal method. You pay $25 to withdrawal via wire transfer, and $8 to withdraw via credit or debit card. I have never seen required withdrawal fees for credit card before on a binary options site. The upside is that the minimum withdrawal threshold is much lower than the usual—just $20 if you are withdrawing with your card. Compare that to the $100 typical of other sites, and the withdrawal terms suddenly start looking friendlier.

Absentee Customer Service

Customer service was a letdown with this site. I tried to reach someone on live chat on a weekday during normal business hours, and despite the promise of 24/7 service to all, all I got was indefinite hold. I waited for half an hour before I gave up. Nobody ever responded to the chat line.

Conclusion

So all in all? 99Binary is a mix of positives and negatives. On the downside, there are fees to withdraw, customer service is alarmingly absent, the registration form has some technical bugs, and there is no early close tool. On the upside, there are a variety of trade types, low withdrawal thresholds, copy trading, and a wide investment range. It would be nice if there were a demo account, but all you can get is five free trades at the upper account tiers. If you are interested in 99Binary, I recommend seeing if you can contact customer service and if they respond to you in a timely, helpful manner. If you have a good experience, you might consider trading on this site, but proceed with caution. Otherwise, there are other brokers that offer competitive features and account packages that may interest you more.

99Binary Review

Trading Platform 99Binary

99Binary makes use of a really solid HTML5-based trading platform. The platform itself is presented as a straightforward window that shows data on the latest successful trades of other clients and offers you an opportunity to profit really fast if you decide to copy those trades to your account. Recently closed trades of other traders are showed conveniently in this window so if you simply select the “copy” feature you will get access an automatic trade enabling you place identical trade on your own account. This is an excellent method to maximize profits with limited risk. This feature is really intuitive to use and will work just fine if you need a fast trade.

The strongest element of 99Binary are its education and training options. As far as educational resources and materials that teach you about trading strategy its one of the best sites out there and is definitely as good as that offered by most top brokers. You can get a typical how to tutorial for newbies, an ebook and a rich section with video training.

If you’re a beginner you’ll really appreciate this kind of help, though experienced traders can also find a lot of useful infomration here. The 99Binary blog is regularly updated and is definitely a place you’ll want to bookmark to make sure you visit it regularly.

The broker will also provide you with regular daily market news, analysis and commentary, as well as a huge quantity of articles on strategy for all levels of experience. There is really a lot of material you can read with insights valuable even for seasoned traders.

  • Impressive trading platform
  • Accepts US clients
  • Innovative 99 Copy Trading feature
  • Excellent customer service
  • Great training materials

  • No support for many major languages
  • Limited number of assets for trading

Platform type: HTML5

Platform Languages: English, German, Russian, Arabic

OS Compatibility: Mac OS, Windows

Streaming News Feed: Yes

Email Alerts: No

Mobile Alerts: No

Company information 99Binary

Located in: Anguilla

Website: https://99binary.com/

Founded in: 2020

Accepts US Clients: Yes

Phone number: (+44) 20380 70176

Email: [email protected]

Account Options 99Binary

Commission:

Minimum Deposit: $250

Payouts Percentage: 86%

Deposit Options: Webmoney, Credit Card, Debit Card, Bank Wire Transfer, CashU, Banklink, EUTeller

Withdrawal Options: MoneyGram, Credit Card, Debit Card, Bank Wire Transfer

Payout Ratios: 99Binary offers returns of up to 86% on Standard & 60-Seconds, and up to 350% on One Touch.

Available Assets 99Binary

Forex, Metals, Oil, Gold, Indices, Stocks, Commodities

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

Customer Support Languages: English, German, Russian, Arabic

Customer Service Hours: 99Binary is a broker with full 24h/7 customer service available for all traders.

Place Trades Over the Phone?: No

99Binary Trade types

99Binary offers their users a selection of four typical trading types they can make part of their strategy. Having such a wide choice is definitely an important element of an efficient strategy and portfolio. 99Binary offers the following four trade types:

  • High/Low: will the asset priced above or below a set price.
  • One Touch: will the asset reach a specified price.
  • Range: will the asset trade within a selected price range.
  • Hyper: quick trading within a 60 second time frame.

99Binary Trade accounts

Trading accounts provided by 99Binary are very versatile and both experienced and fresh traders can find an account suitable for their needs. 99Binary offers four account types:

Starter: from $250

  • Includes a welcome bonus
  • Full 24/7 customer support provided
  • Trading with more than 99 asset types
  • 30% additional bonus
  • You can benefit from monthly promotions
  • Includes a welcome bonus
  • Full 24/7 customer support provided
  • Trading with more than 99 asset types
  • 50% additional bonus
  • You can benefit from monthly promotions
  • You get 5 risk-free trades
  • You become a member of 99B Club
  • You gain access to a personal account manager

Premium: from $4,999

  • Includes a welcome bonus
  • Full 24/7 customer support provided
  • Trading with more than 99 asset types
  • 75% additional bonus
  • You can benefit from monthly promotions
  • You get 5 risk-free trades
  • You become a member of 99B Club
  • You gain access to a personal account manager
  • Same day withdrawals are possible
  • You benefit from tailor-made promotions

Platinum: from $20,000

  • Includes a welcome bonus
  • Full 24/7 customer support provided
  • Trading with more than 99 asset types
  • 50% additional bonus
  • You can benefit from monthly promotions
  • You get 5 risk-free trades
  • You become a member of 99B Club
  • You gain access to a personal account manager
  • Same day withdrawals are possible
  • You benefit from tailor-made promotions
  • Tailor-made trading strategies are offered
  • Special gifts

99Binary Position In Our Categories

Position of 99Binary in our main categories:

99Binary is one of the top 50 Binary Options Brokers products

If you are interested in 99Binary it could also be beneficial to analyze other subcategories of Binary Options Brokers gathered in our base of SaaS software reviews.

It is essential to keep in mind that virtually no service in the Binary Options Brokers category is an ideal solution that can meet all the requirements of different investors. It may be a good idea to read a few 99Binary reviews first as certain solutions can actually dominate just in a specific geography or situation or be designed with a really specific customer in mind. Others can operate with an intention of being simple and intuitive and as a result lack advanced functions welcomed by more experienced users. There are also services that focus on a broad group of customers and offer a rich feature set, but that usually comes at a more expensive price of such a solution. Make sure you’re aware of your requirements so that you choose a service that offers specifically the functionalities you look for.

User Satisfaction

We realize that when you make a decision to buy Binary Options Brokers it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and 99Binary reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with 99Binary. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker!
    Perfect Choice For Beginners and Middle-Level Traders!
    Free Demo Account! Free Education!

  • Binomo
    Binomo

    Honest broker!

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