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Updated review of Binarium broker 2020
The Binarium review platform is one of the major binary options brokers that offers its customers a comprehensive toolkit to analyze the market and profit from fluctuations in financial asset prices. Our company is one of the first binary options brokers in the world, thanks to which over the years robots have accumulated a lot of experience in this market, we have made great efforts to modernize our platform and facilitate customer trading.
In particular, users do not need to download the platform to their PC, transactions can be made through the web interface. In addition to simple trading in the currency market, the broker pays a lot of attention to training its traders in successful trading, for this purpose there is a special section on our website. In addition, we provide operational assistance from the Operational Support Service in the event of technical problems or questions about market operations and financial instruments.
Summary table of basic information about the broker
|Support Types||Chat, phone, contact form, e-mail, skype|
|Minimum 1st Deposit||$5|
|Maximum Trade Amount||$1|
|Payout||Up to 90%|
|Free Demo Account||$10000 Open Demo|
|Regulation||FMRRC № TSRF RU 0395 AA Vv0072|
|Deposit Methods||VISA and MasterCard, Webmoney, Skrill, Qiwi, Yandex Money|
|Withdrawal Methods||VISA and MasterCard, Webmoney, Skrill, Qiwi, Yandex Money|
|Number of Assets||130+|
|Option Types||Classical binary options, One Touch options, 60 seconds options, options designer|
|US Traders Allowed||NO|
Advantages of the broker Binarium
It is necessary to highlight the main advantages and differences of the broker from other similar in the market.
– One of the lowest deposits themselves: You can start trading for real money starting from $5 in equivalent currency chosen by you at registration
– Insurance of your funds: the first three transactions are insured against the risks of loss. If your transactions do not close in your favor, you will return the lost funds.
– High level of security: the connection from the site is encrypted, no one will steal your payment data and funds.
– Bonus: You can withdraw bonus funds that accrue to each deposit when you reach a specific turnover. Simplified account verification
– You don ‘t need to send us a few scanned documents to confirm your identity. If you withdraw your money for the same payment information that was used to deposit, verification is not required.
– Free demo account: you can open a demo account without making a first deposit, the demo account is available immediately after registration.
We provide a wide election of trade on currency pairs, assets of eminent companies, as well as trade in Crypto Currencies. Trading in assets and other instruments is available via binary option, 60-second option/turbo option. With a small minimum deposit and a minimum deal of $1, it ‘s easier to trade for aspiring traders and those who want to minimize their losses.
Trading platform Binarium trading platform is intuitive and similar to top competitors, all this is achieved thanks to the operational work of the company ‘s employees and programmers, the broker works quickly enough and did not suffer failures.
Binarium review trading terminal is designed by a team of several companies, it is fully patented. Currently you can only trade on a PC and Android mobile app, just as the platform is tailored to different screen resolutions, so you don ‘t experience discomfort when trading from mobile devices the only thing that is required is having a high-speed internet to more accurately open a deal.
Possibilities of a trading platform We provide users with two types of trading:
– Classical binary option of above/below type. You can open a deal from 1 min to two hours maximum.
– Turbo option: opportunity to open a deal from 1 min and up to 5 minutes maximum.
This is a rather risky way of trading in the event of strong market fluctuations, but if a trader is experienced in analysing short-term schedules and wants to profit from the least fluctuations in the asset ‘s price, he will rate this section of the platform.
Types of accounts
Like shop floor competitors, the Binarium Broker offers different types of accounts for its customers with different capabilities. Like most binary option brokers, the more you deposit the more platform benefits open up to you. Once registered, you ‘ll be given access to a demo platform with $10,000 of virtual funds for use and training.
This demo account means you can try out the platform without spending any money on your hands-on deals. Demo account allows you to get used to the platform and different types of accounts that are:
Start account After a $5 deposit, you can open a basic account in Binarium. In exchange for this small deposit, you play on any of the available assets. Minimum investment of $1, 24 hours a day. Withdrawal of earned funds will be carried out within 5 days.
Business account Widespread – premium account, requires a deposit of $500. In addition to being able to trade 24/7, you also receive withdrawal within three business days, personal trader, individual trading guides and individual trading signals. Also when replenishing you can get a bonus in your account that will increase the amount of deposit.
Premium account The next tier is a business account that opens after making a $2,000 deposit. In addition to the many benefits of basic and premium accounts, you will also have access to personal strategy and sales plan development. Withdrawal of earned funds will be carried out within one working day.
VIP account Like most brokers, you can open a VIP account that opens up all trading opportunities. After making a $5,000 deposit, VIP individuals can enjoy all of the benefits listed above plus a few additional benefits, including a one-hour withdrawal on request. If you ‘re new and haven ‘t traded before, the main account gives you access to try out the platform without risking more than $10 of your money. If you decide you want to invest more, you can upgrade your account to a higher level at any time.
When making a Deposit, you can use bonus codes and increase your Deposit to 150%
Accounts, deposits and withdrawals It ‘s easy to sign up for an account on our platform. You need to fill in a brief personal information on the home page. After you sign up, you can top up your account and start trading. Some traders decide to skip checking the account because they withdraw using the same payment information as when they replenish the account. However, in order to be more reliable and avoid problems, it is recommended to undergo an identity check to ensure that the exemption takes place without any further difficulty. You can use one of the methods offered by your company to replenish your account. There are relatively few of them: Visa or Master Card, Webmoney, Yandex, Qiwi, AlfaClick, the most distributed is the replenishment with the help of a bank card, the plus is that the broker does not set any fees for the deposit of funds. The money will go to your account at once or up to one business day, depending on the payment system chosen. It is also worth noting that the withdrawal procedure is simplified, and that unlike many other brokers withdrawal takes place within one day.
The platform Binarium is Legit?
For any trader it is very important to be protected from fraud by the broker for this purpose all legal glasses are registered with the regulator. If the broker has a license, the level of trust in it increases. The platform is licensed CySec the Cyprus regulator, and it is the financial regulator of Cyprus.
Trader Training on the Platform
Customer training is important for Binarium because trading involves high risks, and the trader must be able to minimize them. The company employs not only programmers and managers who control the platform, but also many experienced traders with many years of experience at Binarium. There is an extensive section with many articles and training courses. First of all, the trader receives a book that is available to everyone. It can be found on the Special tab of the training materials. Also review Binarium team regularly conducted webinars. Looking at the schedule, it can be seen that webinars are held quite often and usually cover topics that are so important to traders. The last point in the knowledge base is the so-called “academy”, which is a real treasure for traders.
Here you will learn all the main methods of trading binary options, trading with and without indicators, a number of effective strategies and information on how to determine the movement of the market and understand how the price is formed. All this information is available not only in textual form, but also in the form of video lessons for better learning of the material. The company is keeping up with the times, so it has applied visual practices and the latest technology to achieve the goal of teaching to trade.