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Binarium review

Binarium


On-line since: 2012
Country of origin: Saint Vincent and the Grenadines
Regulation: -
Payment options: Visa/MasterCard/Maestro, WebMoney, Neteller, Yandex.Money, China Union Pay, Alfa-Click, Sberbank Online, Promsvyazbank, mobile commerce, cryptocurrency
Minimum account size: USD 9 or RUB 700
Minimum lot size: -
Leverage: -
Spreads: -

About company:

Binarium is a binary options broker owned by Binarium Limited. The company states that it was among the first firms in Russia and the CIS to offer options trading. Binarium has gained considerable experience over years and introduced various updates to make the platform more convenient for its clients.

Trading conditions

Profits from trading options with the company ranges from 75% to 800%. Over 120 assets are available to traders: currencies, shares, popular stock indices, and commodities. The list is constantly expanded. Traders can limit their losses to minimum as deals of mere $1 can be made.

Account types:

The Basic account (RUB 700) holders can trade round-the-clock and withdraw funds within 5 work days.

Besides the Basic account opportunities, the Premium account (RUB 35,000) gives you a personal manager, trading signals, and individual training in trading.

The Business account (RUB 140,000) holders receive market analytics twice a month; and the company’s specialists can develop personal strategies and trading plans for them.

The VIP account (RUB 700,000) includes all privileges of the Business account and provides access to extra educational materials not available to other account types.

Education

Regardless of a chosen account type, all traders have access to educational video tutorials, materials, and articles in the Education section on the website. Investors can participate in webinars held by the company. One can benefit from personal education with an analyst.

Trading platform

Trading platform was based on SpotOption. The platform is available right on the website, so traders do not have to download software.

Binarium offers the following option types:

  • High/Low
  • Long-term (from a week to a year)
  • One Touch
  • Ladder

Instruments

In the Markets section, traders are offered several useful services such as trading hours shedule, holiday calendar, economic calendar, and expiry rates.

Clients who have deposited over RUB 10,000 to their account receive access to a trading room, which will allow them to:

  • communicate with best traders
  • open joint deals with leading financial analysts in a real time mode
  • earn RUB 25,000 daily.

Client support service

The clients can contact the customer support service via email, phone, Skype, or live chat. The website, platform, and client support are available in Russian and English.

Conclusion

Binarium will suit traders with different trading preferences. Clients can use fundamental and technical analysis, test new strategies, and trade on news. Rookies can study new indicators and trading methods or learn from professionals watching their trading.

Advantages:

  • recovering losses (up to 20%)
  • low minimum deposit ($9) and minimum bet ($1)
  • training
  • simplified registration for the CIS citizens as they do not have to send scans of several documents to prove their identity.

Disadvantages:

  • no demo account
  • no regulation.

Binarium 2/10 (votes 2193)
Author of Binarium: Keun | Date 2021-09-10
I opened an account at Binarium because of their offered bonus. So far, the experience is great. I am able to make my trades without any trouble and the fees are incredibly low. I can also contact the customer support team easily.
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Author of Binarium: Majeed | Date 2021-08-31
I have found a good execution and excellent service on Binarium standard account. Their price quotes are real, and they have fixed spreads. I'm making scalping trade, and it's so easy with them. Besides their payment service is fast and easy, traders don't need to wait for a long time. That's why I am satisfied to trade with Binarium.
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Author of Binarium: Ayhan | Date 2020-09-02
Binarium is my first broker and I did not expect that I will be able to find a reliable broker right away. I am funding my account using Yandex and so far the transactions are going smoothly. My funds are immediately credited to my trading account and I also get my withdrawal in no time. So far, I can say that even tho I am a newbie, I still manage to make decent trades and earn enough.
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Author of Binarium: CdrinFx | Date 2020-09-02
I would never suggest this Binarium, I lost my all money after within 2 months. During the Covid pandemic I put 3 order on Crud Oil and set SL below 70 pips. But my SL was not triggered. When I try to close manually, the platform was shut down for 1hour and I lost $836. When I contact their support they act as it was not their fault and don’t answer emails or phone calls. So stay far away from this one.
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