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Trading involves significant
risk of loss

General

What are Binary Options?

Binary Options are a very simple, high return investment tool also known as a ‘fixed return’ or ‘digital options’. Binary options deliver a fixed return on every trade placed, depending on whether the trade was “In The Money”, “Out Of The Money” or a “At the Money”. Binary options have become one of the fastest growing financial trading products globally due to their straightforward and simple to use nature which along with the certainty they offer on every trade, renders them an attractive trading tool for many investors.

When investing in binary options, traders know the potential return they might have in advance, before they make the actual purchase. Conversely, the losses are also known prior to placing a trade. This implies that they have a clear picture of the profit and loss that might occur at the end of each trade. BullMarkets™ offers a pre-determined payoff that can be as high as 85% of the traded amount.

In addition, successful trades are solely dependent on price direction and not the size or magnitude of its movement. Meaning that if in any given trade you have successfully predicted the value of an asset to increase, you will receive an additional return of up to 85% on your initial investment, regardless of the volume of the increase. In essence, you have an inherent risk and money management strategy at your disposal when trading binary options.

Binary options have received their name due to their binary nature, meaning they can be in both directions of the trade, either by buying a “Call”/“Up” option when the trader speculates the value of an asset to increase or a “Put”/“Down” option when the trader speculates the value of an asset to decline. Binary options are offered against a fixed expiration time which may vary from 60 seconds to end of the month trades.

How much can I make with Binary Options?

Binary Options traders earn percentages on their initial investment. While different Binary Option broker return amounts vary, BullMarkets™ offers some of the highest returns available ranging from 70% to 85% when the chosen options expires ‘in the money‘.
The amount of the total earnings or losses you induce depends on the success and volume of your trades. On a selection of options, BullMarkets™ also offers a percentage on the invested amount even if the option expires ‘out of the money’.

Opening An Account

How do I open an account with BullMarkets™?

Opening your BullMarkets™ account

Step 1: Create an account: Click on the Open an Account link, through the Home page or the trade now button anywhere in the website, and fill in the initial registration form with your personal details.

Step 2: Complete your Economic Profile and upload your POI/POR: After you have filled in the registration form you will need to complete your Economic Profile, we also require you to verify your personal details by uploading some relevant documents. Simply put, you will need to upload documents that help us verify your identity. We will use these only as a means of protecting the integrity of your account and safeguarding you against fraud. You will therefore need to upload scanned, unedited copies of the following:

  • POI, Proof of Identity: a valid ID card, your passport or driver’s license
  • POR, Proof of Residence: an official document that states your current address, such as a utility bill except from your mobile phone bill, bank statement, Tax Return, registration with any Government Department or your voter’s ID

*Please note that POI documents must be valid (not expired) and in color. POR documents need to be fairly recent so they must have been issued within the last 6 months.

Step 3: Make your first deposit: BullMarkets™ offers a variety of different payment methods and means of funding your account, these include credit cards, debit cards, wire transfer e-Wallet and more. Please select a country from the drop-down menu on the Payment Methods page, to select your preferred deposit method.

If you are using any debit or credit card you will also need to scan your card front and back, leaving only the last 4 digits of the card number visible. Once you have made your deposit, you are ready to start trading.

Need further assistance? Please feel free to contact Customer support or use our Live Chat service.

How do I open a corporate trading account with BullMarkets™?

To open a corporate account you need to follow the following steps:

Step 1: Create an account: Click on the Open an Account link or the trade now button anywhere on the website;   fill in the initial registration form with your personal details.

Step 2: Download and Complete the Application: Download and complete the relevant Corporate account PDF application. You will need to complete the form and upload all the required documents.

Step 3: Submit your application for review:  Send your application via email to our Client Support team. Be sure to specify your personal trading account number and attach the completed form and all scanned copies of the required documents.

We will review your application promptly and you will receive a notice that your corporate account at Bull Markets has been activated.

Need further assistance? Please feel free to contact Customer Support or use our Live Chat Service! service.

Why is documentation required by BullMarkets™?

BullMarkets™ adheres to all necessary account security protocols. Our aim is to prevent all instances of fraud and guarantee security of our clients’ funds, which is precisely why we ask you to submit Proof of Identification and Proof of Residence documentation.

  • Proof of Identity: A clear, unedited and valid copy of a government issued picture ID i.e.: passport, national identity card, or driver’s license
  • Proof of Residence: A clear, recent copy of an official document that contains your full name, a date of issue and your address of residence. You can upload your documents on the ‘Upload Documents’ Alternatively, you can email your documents to [email protected] Please note that any Proof of Residence document older than 6 months will not be accepted.

Need further assistance? Please feel free to contact Customer support or use our Live Chat service.

I am having problems with my registration process…

We are always here to help! Simply contact us with any queries via email, phone or through our Live Chat service.

What are the benefits of each account option?

BullMarkets™ offers three different account types, each with its own benefits:

Bronze– minimum investment $250*:  Ideal for beginner traders who would like to test their skills and expand their knowledge. Benefits include:

  • Educational tools
  • Small welcome bonus
  • Mobile platform
  • Trading alerts email service
  • 24/5 Customer Service

Silver– minimum investment $2500*: A great option for more confident traders who would like to mean business. Additional benefits include:

  • Personal Account Manager
  • One on One weekly training session

Gold – minimum investment $10000*:  With our premium gold bull account you will enjoy all BullMarkets™ deluxe services for free. Additional benefits include:

  • One on One training sessions at your convenience
  • Exclusive trader alerts

* The amount shall be in the base currency the client has chosen upon registration, i.e. GBP, USD or EUR. The amount of the deposit currency is represented in units.

Can I change my personal details and account information?

You can only request to change your account details if there are significant changes in your personal information data. In order to change your personal details you should contact our Customer Support team.

How can I manage my account?

First, you must log into your BullMarkets™’ account and click “My Account” to view all of your details. You can manage and edit some of your personal details and credit card information.

Deposits & Withdrawals

How do I make a deposit?

Once you have logged into your account, you can proceed with making a deposit by going into ‘My Account and clicking on ‘Deposit’. Then all you need to do is choose your preferred deposit method and follow the steps displayed.

Will my deposit be secure?

You can rest assured that we go above and beyond to ensure the safety of your funds; your personal and financial information, including all of your transaction data, will remain completely private and secure. To achieve this objective, we use the latest and most advanced encryption tools in the market, we can therefore guarantee that all your financial information will remain completely safe and secure.

What are the deposit amount limitations?

The minimum amount for initial deposit and redeposit is *$250. BullMarkets™ also has a maximum initial deposit and redeposit limit of $10,000, this limit is placed to avoid any attempts of money laundering. However, it should be noted that there is no limit to the total account balance, meaning that if you wish to deposit additional amounts you are free to do so, as long as each of your deposits does not exceed the specified maximum amount.

* The amount shall be in the base currency the client has chosen upon registration, i.e. GBP, USD or EUR. The amount of the deposit currency is represented in units.

** Deposits exceeding the $10,000 limitation can be processed via Bank wire. It should be noted however, that for large deposits additional documentation may be requested.

How do I make a withdrawal?

Log into your account and click on ‘Withdrawal Request’. Choose your preferred withdrawal option and fill in the amount you wish to withdraw; you need to carefully follow the steps given. Our deposit and withdrawal methods are designed to be simple, straightforward and time efficient. Please note that there is a minimum withdrawal amount of $100 or 100 units of the base currency of your account, GBP or EUR. You will also receive an email confirmation if the transaction has been completed or if there was a problem in processing your request.

 

Should you experience any problems during your withdrawal process, please contact our Customer Support Team.

How long does it take to withdraw an amount?

At BullMarkets™ we strive to provide the best quality of service for our clients, we therefore endeavor to process all withdrawals in an orderly and timely manner. Any withdrawal requests are processed within 48 hours, provided that you have submitted all relevant documentation.

Please note that if you make withdrawals using your personal credit/debit card, it may take up to 7 business days for your bank to fund your account so you need to be aware that we are not accountable for any delays arising from third party withdrawal processes.

Is there a maximum amount I can withdraw?

There is no limit to how much you can withdraw from your account. Given that there is no pending turnover restrictions, you may withdraw all of your funds any time you wish.

Please note that withdrawals can only be credited to the account from which they were originally funded, meaning that you need to use the same account for deposits and withdrawals.

Is there a service fee for withdrawals?

BullMarkets™ will not charge you any additional fees or commissions but you may be charged by your service providers. Transactions completed by cards, PayPal or Skrill may entail additional fees for which BullMarkets™ is not accountable for.

What is a wire transfer?

A wire transfer or bank transfer is the fastest way to transfer money from one account to another. It is an electronic payment service for transferring funds between bank accounts. Using wire transfer, funds can be transferred directly from your personal bank account to your BullMarkets™’ account.

How can I use wire transfer to deposit or withdraw funds?

If you do not have an ibanking service you need to go to your bank to complete the wire transfer. You will basically transfer the money to BullMarkets™ and send us a copy of the receipt so that we can fund your account. Please note that there is a charge for wire transfers, make sure you ask about wire fees before proceeding.

Before transferring your preferred amount, you need to have the following information available:

1.1. BullMarkets™ Corporate Name and bank account details including SWIFT and IBAN - link

1.2. The amount you wish to transfer and the account you wish to transfer it

Using the platform

Do I need to download and install any additional software?

No, you do not need to download any additional software, you can trade directly on your BullMarkets™ Web Trader. You can however, opt to download the desktop Bull Trader App or the BullMarkets™ mobile app and trade on the go.

Do I receive confirmations for my transactions?

Each time you place a trade you will see an on screen message. You will also receive an email notification when the trade expires. Finally, you will receive confirmation emails for each withdrawal or deposit you conduct on the platform.

What kind of tools does BullMarkets™offer?

BullMarkets™ offers traders the most advanced and easy to use trading tools that the financial markets have to offer:

  1. High/Low Options: This is the most basic form of binary option trades. You basically need to predict whether the price of an asset will be trading above or below its current price by a predetermined time period. If you believe that the asset will be trading above its current price (its value will go up), you choose “Up” or “Call”, if on the other hand, you believe that the price will drop, you choose “Down” or “Put”.
  2. One Touch: In this kind of trade, there is a fixed target price at the beginning of the trade. You simply place a trade if you believe that the asset will reach that price at any time during the life of the trade.
  3. Pairs: Pairs work much the same way as Currency Pairs, you basically profit from the relative movement of one stock vs. another. So for example, if you think that the price of Apple will rise in relation to the price of Amazon, choose the Apple vs Amazon pair, set the amount and expiry of your choice and push the “UP” button.
  4. Long Term Options: Ideal for more experienced binary traders, long term options allow the financial whizzes to put their market knowledge to good use. Long term options work exactly like up/down binary options, the difference is that they have longer expiry times so you need to be well versed in the forces that move the market and be able to predict future trends. The time-frame of Long-term Options varies in duration, from a week up to a whole year.
  5. 60 Second Trades: If you are looking to make very fast profits then opt for sixty seconds trades. These trades work just like standard up/down trades, except that they take place a lot faster. Although, they are called 60 seconds trades, there are many different expiry times available lasting for even up to 5 minutes.
  6. Ladder: Ladder options offer extremely high returns, in this type of binary option trade, the trader is given a range of price levels which are lined like a ladder, specifying that the market has to rise to a certain price level, while the trade is active. All you need to do is simply place up to which rug of the ladder you believe the price will rise within a certain time frame.

Our advanced trading tools give traders the opportunity to choose to trade with one or multiple trading instruments that better accommodate their trading needs and to optimize their trading strategies.

How do I view my trading and transaction history?

To view your trading history simply log into your account and click on ‘History’ under ‘My Account.  You will also be able to view your transaction history on the same page. All transaction activity is updated in real time, once you have placed a trade, you may view it in your account history.

How many trades can I place?

You may place an unlimited number of trades but it would be advisable that you do not risk your entire capital. You should set up a detailed risk management strategy prior to proceeding with your trades.

What is “Risk Free Trade”?

Occasionally, BullMarkets™ will offer traders exclusive “risk free trades”, if you claim this offer you will be given a bonus amounting to some or all of your failed or “out of the money”, trading activity. This bonus is subject to pertaining Terms and Conditions.