Binary.com Account Type

　　Binary.com offers several types of trading accounts to cater to different trading preferences and experience levels. The main account types include:

• 　　Virtual Account: This is a free demo account that provides $10,000 in virtual funds, allowing new traders to practice trading strategies without any financial risk.

• 　　Standard Account: This account requires a minimum deposit of just $5, making it accessible for beginners. It allows trading in various financial instruments, including forex, commodities, and binary options.

• 　　MT5 Account: This specialized account is designed for trading on the MetaTrader 5 platform. It offers advanced features such as limit orders, stop loss, advanced charting, and automated trading capabilities. The minimum deposit for this account is $100.

• 　　Financial Account: This account is suitable for trading commodities, cryptocurrencies, and currency pairs with high leverage and variable spreads.

• 　　Financial STP Account: This account provides direct access to forex liquidity providers, allowing for higher trade volumes and tighter spreads.

• 　　Synthetic Account: Focused on trading contracts for difference (CFDs) on synthetic indices, this account allows trading 24/7 and is audited for fairness by a third party.

  　　

　　

Binary.com Broker Account Opening Process

　　The process of opening an account with Binary.com is straightforward and can be completed in a few simple steps:

• 　　Visit the Website: Go to Binary.com.

• 　　Create an Account: Click on the "Create Free Account" button or register using a social network (Facebook, Google, or Apple ID).

• 　　Email Confirmation: Enter your email address, and a confirmation link will be sent to your email. Click the link to confirm your email.

• 　　Select Account Type: After confirming your email, you will be prompted to create a demo account. Choose between a demo or real account for CFD or digital options trading.

• 　　Complete Registration: For a real account, fill in the required information and click the "Open Account" button.

• 　　Verification: You may need to verify your identity by providing documents such as a government-issued ID and proof of address.

• 　　Start Trading: Once your account is set up and verified, you can deposit funds and begin trading.

　　These steps ensure a seamless account creation experience for both novice and experienced traders.

　　Sources:

• Binary.com Trading Account – Review, Type, Process, Benefits & Charges
• Binary.com Broker Review: Pros and Cons 2023
• How to Open a Trading Account in Binary.com