Binary Tilt Review
Binary Tilt is one of the leaders in binary options trading…especially in New Zealand.
They got their start in New Zealand in 2013 using the Marketspulse trading platform, but they have since switched to the Spot Option platform which traders seem to find more reliable. Investors can trade in both short and long term options, ladder options, high/low options and pairs. They also have a huge list of assets available to trade in.
Binary Tilt is now owned by Chemmi Holdings Limited who are located in London of the United Kingdom.
At one time, Binary Tilt was licensed and regulated by the New Zealand Financial Authority. It is unclear if they still are.
Binary Tilt Deposit Terms & Conditions
As with all binary options brokers, traders must be 18 or older. Opening an account and depositing funds is actually quite easy. The minimum deposit is $250 and can be made in a wide variety of ways.
It is important that after you deposit, you should send in the compliance documents they will need when you are ready to withdraw. By doing so, it will make withdrawals much quicker. The documents Binary Tilt will need are:
- A copy of your photo identification
- A copy of a utility bill or bank statement showing your name and address
- And, if you used a credit card to deposit, a copy of it
These are needed for your protection, and to abide with AML (anti-money laundering) regulations.
Binary Tilt Bonus Terms & Conditions
Binary Tilt offers some great bonuses, but it is advisable that you consider the terms closely before accepting any bonuses.
A trader can not withdraw any of their funds until they have met all conditions of the bonus they received.
At Binary Tilt, an investor receiving a bonus is obligated to trade a volume of 40 times that bonus amount before they can withdraw any of their funds. So, if you deposit and receive a $100 bonus, you will have to trade a volume of $4,000 or more before you can withdraw.
Unless you plan on trading in heavy volumes, I strongly recommend that you just say no to any Binary Tilt bonuses.
Binary Tilt Withdrawal Terms & Conditions
The minimum withdrawal amount from Binary Tilt is $50. It is also in the terms that all withdrawals incur a $30 processing fee. But I find that they say on another page that 1 withdrawal is free each month and any added withdrawals in that month are charged $25.
Binary Tilt claims to have one of the fastest withdrawal processing systems in binary options. They also have a plethora of methods to withdraw your funds including:
and many more
When a withdrawal request is made, Binary Tilt processes it within 3 working days.
I have found very few withdrawal complaints with Binary Tilt, and the few were resolved quickly.