60 second Binary Options Broker
At the same time, the first steps of the company are made in the right direction, since the TRADOLOGIC trading platform chosen by broker is one of the most popular in the countries of the North American continent, chosen trading conditions are excellent, set of options is self-contained and the service of currency deposits withdrawal or funding is made in the most affordable and convenient way.
Terms of trading
- Profitability - from 60% to 210%
- Loss recovery - no
- Minimal deposit - 50$
- Minimal stake - 10$
- Demo account – Yes
- Mobile version – No
- Education – Yes
60 second Company registration process
60 second Brokerage Company registration takes about 3 minutes. You need to fill out a simple registration form in order to become a client of said brokerage company.
After registering an account you will be politely offered to fund the trading account or to familiarize yourself with the trading terminal and the terms of trading. Funding an account, as stated above, is proposed with a fairly wide choice of payment services.
There will be found both classic online payment services of VISA and MasterCard plastic cards as well as more advanced methods of transfer of funds through internet virtual payment systems.
Company’s trading platform is called TRADOLOGIC, and quotes are received from the REUTERS agency, which means that one of the most popular and user-friendly trading platforms was complemented with high quality quotes from the world-renowned provider of liquidity.
The platform supports trading in 4 windows simultaneously. However, if you do not want to dissipate attention to a number of tools available there is a function of switching to one trade window.
One of the existing problems of traders was the slowdown of opening the trade position. So, for a few seconds that were previously required for opening the position, the price could go a considerable distance after which the trade became not relevant. In an optimized version of the TRADOLOGIC trading platform this problem is solved by the opportunity to enter the trade from charts with an instant trade confirmation, which takes less than a moment.
In addition, there is a feature of getting acquainted with the opinion of other traders through the "table of open positions ratio", which in turn can serve as a good clue about the asset market sentiment.
Main advantages of the platform:
- availability of multichart or one window trading;
- availability of off-the-chart trades execution;
- «traders opinion» table availability;
- trading data security through the SSL protocol;
- great choice of instruments and options in the terminal;
- dynamic and fast response to traders orders;
- no technical analysis tools available.
60 second Company offers 157 financial assets for trading. Of which: 64 stocks, 31 indices, 34 currency pairs and 28 commodities. Not every company is able to boast such a number of trading assets. In addition, according to the broker, all of the above mentioned assets are cross-correlating, with which it is possible to build strategies based on hedging as well as on the creation of a diversified portfolio of risks.
60 second Company offers the following options for trading:
- HIGH/LOW options – classic type of trading. The only condition to be met for profit is a correct indication of the asset price movement direction over the life of the trade.
- RANGE HIGH / LOW option - profit depends on the correct trader choice of the trading instrument price movement direction, followed by its strike-level touch.
- TUNNEL option - in this case trading means correctly predicting whether the price will break outside of the price channel or remain inside. Another condition is that this price change occurred before the specified expiration date of the contract.
- 60 seconds - an option named in tune with the brokerage firm title, that is why the company provides the extended conditions for this option trading. Currently, trading with expiration periods of 30 seconds, 60 seconds, 120 seconds, 300 seconds is available under the “60 seconds” option.
As for bonuses, the 60 second acts high profile. If the trader funds his first deposit for 100 USD (3000 RUR), a brokerage company complements the 25% the amount of the deposit. If a trader funds 200 USD (100%0 RUR) - 35% added to the deposit. If the funding amount is 500 USD (15000 RUR), then the deposit will automatically increase by 50%. At the same time, the larger the amount of funds received, the greater the number and percentage of risk-free transactions will be donated to you by the 60 second broker.
This section is created on the company's website. What is inside? Signals from another company! Yes, it is quite an interesting marketing approach. Unfortunately, such actions have never characterized the broker from the positive side. In fact, the 60 second company distributes trading signals of the company that has its broker service advertised through its own service. It turns to be a pretty frivolous approach for a professional financial services operator.
Education at 60 second is absent. In general, nowadays only few can boast of a good tutorial. In most cases, the materials placed on the websites of brokerage firms are there for show, not for the educational effect on beginners.
Support service 24/7
60 second Company support service is built upon the European formats. That is why consultation with broker’s managers can be received 7 days a week, 24 hours a day. At the same time, communication with traders is held only by traders, but by more professional and prepared. This is the strategy of the company, which is based on professionalism and communication. Of course, online chats, phone calls (including call-back ordering) and communicating via e-mail services are available for company’s clients.
Funds deposit and withdrawal
As promised by the company, depositing customer payments to trading accounts should be affordable and accessible. And it is almost real. To do this, the company provides availability of Visa, American Express, MasterCard and Delta card systems with immediate replenishment of the deposit, which is not bad. Withdrawing takes up to 3 banking days. At the same time, do not forget about the rules of international payments with regard to the need of financial companies customers’ verification.
60 second pros/cons
60 second is a brokerage company that has positioned itself as the representative of a new, more progressive generation of brokers, which is formed by taking into account the mistakes of previous generations.
Let us highlight the advantages:
- minimal deposit - 100 USD;
- minimal investment amount– 10 USD;
- optimized TRADOLOGIC platform;
- good options choice;
- sufficient number of financial assets;
- intuitive intelligibility of trading;
- standard level of security;
Let us highlight the advantages:
- the lack of technical tools in the terminal;
- the lack of professional traders training;
60 second Company was established in 2013 and currently is a progressively developing broker, which service quality is gradually improving. However, today the company does not still have enough professional approach to many issues that are classic when characterizing the level of professionalism of the company.