BinaryOptionsNow - The binary options broker Boyingba announced the introduction of a new promotion that will allow newly registered traders to receive an initial bonus of 10 Euros without having to make a first deposit. Boyingba is one of the very few brokers on the market to offer a no-deposit bonus to their clients.
All new traders have to do in order to receive this bonus is to register at the broker. After this, the bonus money will be credited into their accounts instantly. There are also no strings attached to this bonus. Traders will be able to use all the features and tools offered by the broker much like traders who made a real money deposit.
This bonus is mainly awarded for traders to be able to evaluate all the features and possibilities provided by the broker. A bonus of just 10 Euros gives traders a lot of opportunities giving the fact that the minimum investment amount per options contract requires by the broker is just 1 Euro.
After evaluating all the features offered by the broker, traders have the possibility to make a real money deposit. As explained above, there are no strings attached to the bonus; if traders don’t like the broker, they are free to leave without any obligations to make a payment of any kind.
Boyingba is a new and relatively unknown binary options broker on the market. What other larger companies achieve will huge paid advertisement campaigns, Boyingba tries to achieve by offering a very attractive no deposit bonus to newly registering traders.
At this moment the broker functions on a very simplistic but yet efficient online trading platform. The platform offered by the broker might not necessarily be very modern but it definitely lives up to the task it was created for. At this moment the platform only offers the classic high/low binary options type.
Traders will have the possibility to trade on a large variety of forex pairs, commodities, indices and stocks. The size of the broker’s asset portfolio is comparable to those of larger and well-established brokers. So Boyingba performs well in this regard.
A distinct characteristic of the broker is the fact that it only offers options trading contracts with expiries of exactly 10 minutes. In the binary options world an expiry of 10 minutes is neither short nor long; it’s perhaps the most optimal expiration time available.
An expiry of 10 minutes allows traders to use advanced binary options strategy to make accurate predictions and at the same time is not too long to let trader wait too much for the outcome. Added with the fact that only high/low options are offered, traders will have an easy time making right predictions.
The broker also offers an important number of payment processors that brokers can use in order to make deposits and request withdrawals. Deposits will be credited into traders’ account instantaneously. However, in the case of withdrawals traders will have to wait a couple of days until they are processed.
At this moment the broker is available in English and Chinese. The broker can be contacted by clients though email. However, it also leaves traders the possibility to submit their hone numbers after which a support representative will call them back.