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Binary Extra Option

Since 2006 Binary Extra Option has been providing high-quality services for online trading on financial markets to traders around the world. Trading in MetaTrader 4 and Web-based terminal. Traders receive access to over 330 assets: currency pairs, and international Stock CFDs, indices, metals and Binary Options.

Binary Extra Option has created comfortable conditions for investment: copying of trades of successful traders (LAMM service), as well as the ability to build investment portfolios from more than 250 stock market assets.

Binary Extra Option is the proud owner of the following titles: «Best Broker», «Best trading technology», «Best Affiliate Program» and more. The company has over 40 offices around the world. The broker is regulated by the International Financial Commission (FinaCom). Client accounts are insured.

2006

Binary Extra Option Ltd.
is founded

Our History

Binary Extra Option Ltd. is founded

«School of Financial Trading and Investment Management» is opened

Binary Extra Option receives an award for «Outstanding contribution to Russian financial services market»

Binary Extra Option joins KROUFR

CFDs added to the list of trading instruments offered

Technical Support becomes a round-the-clock service

Admin account type added

Bronze and Gold accounts become multi-currency accounts

Platinum type added

Binary Extra Option is proclaimed the Best Micro and Standard Forex Broker by Moscow Forex Expo

Launch of LAMM accounts

New trading conditions are implemented

100 new CFDs added

VIP account type added

Binary Extra Option — Best Bronze and Standard Binary Broker by Moscow Binary Expo 2012

Over 30 regional Binary Extra Option offices opened

Web trading platform is introduced

Managed accounts service is upgraded

Binary Options are implemented into MetaTrader 4

Two-factor account authentication added

Website rebranding

Binary Extra Option — Best Cent Broker by IAFT Awards

Binary Extra Option wins the «Best Binary Options Broker» nomination during Moscow Forex Expo

Personal Account is improved

Binary Extra Option is the winner of «Stability on Forex Market» and «Best Forex Broker in China» nominations

LAMM service becomes available for Binary Options accounts

Binary Extra Option is among the Top Russian Brokers according to Interfax

Leverage is increased

Binary Extra Option enters the top best brokers in Russia rating. The company is proclaimed the best ECN broker of the year

Binary Extra Option office opens in India

Partnership program is improved

PayBack loyalty program introduced

Official release of Binary Extra Option mobile application

Binary Extra Option joins FinaCom

Launch of Admin Platform with payouts of up to 500%

BinX Capital moves up in the Best Russian Binary Brokers rating

Binary Extra Option receives «Best Affiliate Program» award during MENA Financial Expo

Launch of Arabic version of Binary Extra Option website

Binary Extra Option office opens in South Africa

Binary Extra Option moves to a new headquarters

Binary Extra Option receives «Best Trading Technology» award

Publication of Binary Extra Option corporate newspaper

Launch of Binary Extra Option mobile app for iPhone

  • 2006
  • 2007
  • 2008
  • 2009
  • 2010
  • January
  • February
  • March
  • 2011
  • May
  • June
  • July
  • August
  • September
  • October
  • 2012
  • February
  • May
  • June
  • August
  • September
  • October
  • December
  • 2013
  • January
  • February
  • March
  • April
  • August
  • November
  • December
  • 2014
  • April
  • May
  • June
  • October
  • November
  • December
  • 2015
  • January
  • February
  • March
  • July
  • August
  • September
  • October
  • November
  • December
  • 2016
  • January
  • February
  • March
  • April
  • May
  • September
  • October
  • November
  • December
  • 2017
  • January
  • 2006

    Binary Extra Option is founded

    The first Binary Extra Option office was opened in 2006

  • 2007

    «School of Financial Trading and Investment Management» is opened

    Binary Extra Option opened «School of Financial Trading and Investment Management». «School of Financial Trading and Financial Management» teaches traders basic methods of analysis and trading on financial markets. School's teachers are professional traders and financial analysts.

  • 2009

    Binary Extra Option receives an award for «Outstanding contribution to Russian financial services market»

    In 2009 Binary Extra Option received an award for «Outstanding contribution to Russian financial services market»

  • January 2010

    Binary Extra Option joins KROUFR

    In 2010 Binary Extra Option joined the Commission for the Regulation of Relations on the Financial Market (KROUFR).

  • February 2010

    CFDs added to the list of trading instruments offered

    The company expanded the list of trading instruments offered. Now Binary Extra Option clients could trade currencies, metals, indices and commodities CFDs. CFD stands for «contact for difference». It is an arrangement between a seller and a buyer to pay the difference in prices at the beginning of a contact and when the contract is expired.

  • September 2010

    Technical Support becomes a round-the-clock service

    Since September 2010 Binary Extra Option technical support has shifted to 24/7 service: clients can inquire about trading terminal and account management at any time.

  • May 2011

    Admin account type added

    Binary Extra Option expanded the list of trading account types offered. Traders are now offered an option of opening Admin accounts at Binary Extra Option. Admin account suits professional traders. It's main advantage — execution of trades through Electronic Communication Network, which directly connects traders with leading banks and liquidity providers. Constant flow of quotes allows traders to react swiftly to the market changes and trade flexibly.

  • June 2011

    Bronze and Gold accounts become multi-currency accounts

    Binary Extra Option clients have received the opportunity to choose from six currencies when opening an account: Rubles, Euro, US Dollars, British Pounds, Swiss Francs and Japanese Yens. It also became possible to open accounts in Gold, Silver, Platinum and Palladium.

  • August 2011

    Swap Free account type added

    New Swap Free account type was added to the account types offered. When trading with Swap Free account, no commission is charged when shifting positions over midnight. Swap Free account was initially created for traders of Islamic faith, but became available for all traders and is good for trading on time frames larger than D1.

  • May 2012

    Launch of LAMM accounts

    In 2012 Binary Extra Option launched LAMM investment service. LAMM service is a trading account which is controlled by a professional trader (Manager). The Manager trades using own funds on a personal account, with trades history being displayed in public rating. Investors may connect their accounts to a Manager's account. After that, trades start being copied to the Investor's account and Investors start receiving profit commensurate to the Manager's profit.

  • June 2012

    New trading conditions are implemented

    Since June 2012 new trading conditions have come into force: stop levels have been removed, lock in margin have been lowered and fixed spread introduced. These changes allowed making trading of Binary Extra Option clients more effective.

  • September 2012

    100 new CFDs added

    Technical specialists of Binary Extra Option implemented over 100 new trading instruments. Among the added Futures CFDs were: consumer products, bonds, meats, etc. Standard account now offered 330 trading instruments.

  • October 2012

    Option account type added

    New account type — Option account was added to the list of accounts offered. Option account is an account for Binary Options trading. When trading Binary Options, a trader only needs to predict if the price of the chosen asset will go up or down within a chosen timeframe.

  • December 2012

    Binary Extra Option — Best Micro and Standard Forex Broker by Moscow Forex Expo 2012

    The 13th International Moscow Forex Expo took place on the 2nd and 3rd of November. Binary Extra Option participated in the event and once again, won the «Best Micro Forex Broker» and «Best Standard Forex Broker» nominations.

  • January 2013

    Over 30 regional Binary Extra Option offices opened

    By 2013 Binary Extra Option has opened 30 regional offices in Russia and around the world.

  • February 2013

    Web trading platform is introduced

    Binary Extra Option has developed a web platform as an alternative to MetaTrader 4 — WebTrader terminal for online trading in a web browser. It is compatible with MetaTrader 4, but doesn't require downloading any additional software.

  • April 2013

    Managed accounts service is upgraded

    Since April 2013 any owner of Micro or Standard account can obtain the ability to invest. To become an investor before April 2013, one had to open a separate Investor account.

  • December 2013

    Two-factor account authentication added

    Binary Extra Option cares about the security of clients' personal information. Since December 2013 all accounts have been protected with two factor account authentication. Two authentication options are available: SMS and through OTP application.

  • April 2014

    Website rebranding

    In April 2014 Binary Extra Option website undergone significant changes: download speed became two times faster, interface and structure was changed, the design was improved.

  • May 2014

    Binary Extra Option — Best Cent Broker by IAFT Awards

    IAFT Awards is an event organized by the International Association of Forex Traders (IAFT) and the winners are determined based on online voting procedure. In May 2014 Binary Extra Option won the «Best Cent Broker» nomination.

  • November 2014

    Personal Account is improved

    In November 2014 Binary Extra Option launched an improved version of Personal Account. The new version has a simpler interface and enhanced functionality.

  • December 2014

    Binary Extra Option is the winner of «Stability on Forex Market» and «Best Forex Broker in China» nominations

    Trading Academy annually evaluates brokers based on professional factors and at the end of the year determines 12 winners in accordance with the ratings. In december 2014 Binary Extra Option won the «Stability on Forex Market» nomination.

  • January 2015

    LAMM service becomes available for Binary Options accounts

    In January 2015 Binary Extra Option introduced LAMM service for Binary Options accounts. The service works for Binary Options accounts the same way it does for Forex accounts. Additional filter was added to the LAMM Managers rating, which now allows sorting LAMMs based on account types: Classic Standard, Classic Micro, Options European, Options American.

  • February 2015

    Binary Extra Option is among the Top Russian Brokers according to «Interfax»

    Broker rating presented by «Interfax» news agency is considered to be among the most reputable. It rates brokerage companies based on trading volumes and amount of active clients. According to Interfax, in February 2015 Binary Extra Option has entered the top brokers rating and landed on the 24th position based on the number of active clients.

  • July 2015

    Leverage is increased

    New service became available for clients of Binary Extra Option — increased leverage. Since July 2015 holders of Standard accounts can choose leverage of up to 1:2000.

  • September 2015

    Binary Extra Option office opens in India

    Binary Extra Option keeps opening new overseas offices. In October 2015 Binary Extra Option office was opened in Kolkata, India.

  • October 2015

    Partnership program is improved

    Since November 2015 new conditions of partnership program came into force. The changes involved all groups of instruments: Forex commissions rose up to $80 per Lot, commissions for CFD and ECN became two times higher — up to 80% per Lot.

  • November 2015

    PayBack loyalty program introduced

    In November 2015 Binary Extra Option introduced a new loyalty program (PayBack). According to the program's conditions, clients can receive daily payouts for active trading on Standard account.

  • December 2015

    Official release of Binary Extra Option mobile application

    In December 2015 Binary Extra Option officially released new mobile application. The application allows to: open trading accounts, view balance, deposit/withdraw funds, view trading history, analytics, economic calendar, company news, contact technical support, etc.

  • January 2016

    Binary Extra Option joins FinaCom

    Financial Commission is an international mediator serving the online foreign exchange industry. Financial Commission serves as an independent party in conflicts between traders and brokers and fairly resolves disputes. On the 18th of January 2016 FinaCom PLC, the FinancialCommission.org website operator introduced the new member — Binary Extra Option Company.

  • February 2016

    Launch of Express Options with payouts of up to 500%

    Binary Extra Option has launched a new type of Binary Options — Express Options that allow receiving payouts of up to 500% for a single trade. Express Option consists of three orders for different assets that open at the same time. If the three trades all close in-the-money, the client may receive a payout of up to 500%.

  • April 2016

    Binary Extra Option receives «Best Affiliate Program» award during MENA Financial Expo

    MENA Financial Expo is an annual Forex Expo. During the past year Binary Extra Option had been improving terms of the partnership program: commissions became higher, settlement system became easier, etc. During the 16th international VENA Financial Expo Binary Extra Option Affiliate program was pronounced the best..

  • December 2016

    Publication of Binary Extra Option corporate newspaper

    In December 2016 Binary Extra Option started publishing analytical newspaper «Time of Finances». The newspaper is prepared with the help of financial analysts and professional traders.The aim of the project is to talk about investment in a simple language: which assets to invest in, how to manage risks, how to learn trading. The newspaper is published in Russian language.

  • January 2017

    Launch of Binary Extra Option mobile app for iPhone

    Binary Extra Option released mobile application for iPhone. The app allows managing trading accounts, follow important economic events and view fresh analytics. Transfer to MT4 trading app with a single tap.

Our Mission

The company's mission is to strive to create perfectly comfortable conditions for trading on Forex market and a steady growth of our clients' financial stability.

Binary Extra Option Awards

Best Trading
Technology 2016

Best Affiliate
Program 2016

Best Broker
in Europe 2015

Best Binary Broker
in China 2014

Best Micro-Binary
Broker BINARY 2012

Best Standard-Binary
Binary Broker 2014