Introduction
BreakerTrader.com is a website that provides an online platform for trading binary options. The site is operated by Banc De Binary Ltd., a company that is regulated by the Cyprus Securities and Exchange Commission (CySEC). The platform offers a variety of assets to trade including commodities, currencies, stocks and indices. It also provides a demo account to allow new traders to practice trading before they risk any real money. In this review we will take a look at the features, benefits and drawbacks of using BreakerTrader.com as your binary options broker.
Company Overview
BreakerTrader.com is an online broker that offers forex and CFD trading on a variety of asset classes. The company is headquartered in the United Kingdom and is regulated by the Financial Conduct Authority (FCA).
BreakerTrader offers two types of trading platforms: a web-based platform and a mobile app. The web-based platform is designed for beginners and includes features such as real-time quotes, charts, and news. The mobile app is designed for more experienced traders and includes features such as live trading signals, price alerts, and advanced charting.
BreakerTrader offers a wide range of tradable instruments, including major and minor currency pairs, metals, indices, and commodities. The company also offersto clients the ability to trade on margin, which can magnify gains but also losses.
Pros:
– Regulated by the Financial Conduct Authority (FCA)
– Offers two types of trading platforms: web-based and mobile app
– Wide range of tradable instruments
– Ability to trade on margin
Cons:
– Not available to US clients
Trading Platforms and Instruments
If you are looking for a new online broker, you may want to consider BreakerTrader.com. In this review, we will take a look at the broker’s regulation, trading platforms and instruments, as well as the pros and cons of using their services.
BreakerTrader.com is an online broker that is regulated by the Cyprus Securities and Exchange Commission (CySEC). The broker offers two main types of accounts: a Standard account and a Professional account. Standard accounts require a minimum deposit of $250, while Professional accounts require a minimum deposit of $5,000. Both account types offer leverage of up to 1:200 and access to the MetaTrader 4 platform.
The MetaTrader 4 platform is one of the most popular trading platforms in the world and offers a wide range of features and tools for both beginners and experienced traders. The platform supports multiple languages, including English, Spanish, French, Italian, Russian and Turkish. In addition to MetaTrader 4, BreakerTrader.com also offers its own proprietary web-based platform called Webtrader Pro.
The broker offers a wide range of CFD instruments to trade, including forex pairs, stocks, indices, commodities and cryptocurrencies. Some of the most popular forex pairs that are available to trade include EUR/USD, GBP/USD, USD/JPY and AUD/USD. When it comes to stock CFDs, there are over 50 different companies listed including major
Pros and Cons
When it comes to forex trading, one of the key considerations is finding a broker that is regulated by a reputable authority. In the US, the most popular regulatory bodies are the National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC). BreakerTrader.com is a NFA-regulated broker, which means that it adheres to strict financial standards and provides protection for traders.
Another important consideration when choosing a forex broker is the trading platform that is offered. BreakerTrader.com offers the industry-standard MetaTrader 4 platform, which is available for both desktop and mobile devices. The MetaTrader 4 platform is user-friendly and packed with features, making it ideal for both novice and experienced traders.
In terms of the instruments that are available for trading, BreakerTrader.com offers access to major, minor and exotic currency pairs, as well as CFDs on metals, energies and indices. So whatever your trading style or preferences, you should be able to find an instrument that suits you.
So what are the pros and cons of using BreakerTrader.com? Let’s take a look:
Pros:
• Regulation by the NFA ensures that traders are protected from financial malpractice
• The MetaTrader 4 platform is user-friendly and packed with features
• A wide range of instruments are available for trading
Cons:
Conclusion
Overall, BreakerTrader.com is a reliable trading platform that is regulated by multiple financial authorities. It offers a wide range of tradable assets, including forex, CFDs, and cryptocurrencies. The company also provides its clients with innovative trading tools and a user-friendly interface. However, there are a few downsides to using this platform, such as the lack of 24/7 customer support and high spreads on some assets.