Min deposit: $ 250,00|Open Demo Account
Option Industry has gone through some dramatic growth in 2011 when a lot of people are switching from Forex to Options. VipBinary is just another broker who arrive in the booming 2011. Follow is our full VIPBinary Review, please read on if you are going to open an account with them.
VIPBinary uses 100% web-based trading platform, they choose SpotOption as their platform, therefore you could expect a solid platform. As other SpotOption platform, there’s quite wide range of assets being offered, however the rate of return sucks, maximum return is marely 75% which’s considered low in Binary Options industry. Typically for most assets, their returns are at the rate of 66% to 71%, which’s obviously very low. We would need 2 wins out of 3 to make some profit with VIPBinary. Even though, could you withdraw your profits with VIPBinary? Read on.
VIPBinary complaints and VIPBinary withdrawal problems
I had an account with VIPBinary for a few month, the first month, everything seems going smoothly, I make some decent profit. After I pull off consistent profits every week, bad thing start to happen, they widened their spreads, slippage to their favor when executing trades, it makes it almost impossible to trade really. I decide to close account with them, I’ve had $4081 in that account after riding from $200, after 2 weeks requesting withdrawal, I’m able to get back $200, but the $3881 is absolutely gone to dust until now. It has been 2 months, they don’t even return calls or emails. Given that circumstances, I recommended you stay away from this broker if you don’t want any trouble.
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