Binarium is binary options broker 5 account types, including Start, Standard, Business, Premium, and VIP with spreads from $0 and a minimum trade amount of $5.
This platform has attracted the attention of many people by processing more than 5,300 trades per minute and offering withdrawals in less than 1 hour during business hours.
Binarium Company Information
Binarium is a financial services company that has been providing professional trading services since 2012.
Over the years, the company has accumulated a wealth of experience, allowing it to offer traders worldwide everything they need for comfortable trading. Here are some key points about Binarium:
- Offices located in Riga, Latvia; Kyiv, Ukraine; Nicosia, Cyprus; and Saint Vincent and the Grenadines
- Support for both Russian-speaking and English-speaking clients
- Registered as Binarium Limited in Cyprus (HE321566) and Saint Vincent and the Grenadines (BINARIUM LIMITED 1599 CTD 2016)
Summary of Specifications
Binarium offers a comprehensive suite of trading options and features. Here's a breakdown of what you can expect from the Binary Options broker:
Broker | Binarium |
Account Types | Start, Standard, Business, Premium, VIP |
Establishment Year | 2012 |
Trading Platforms | Proprietary Platform |
Maximum Return | Up To 90% |
Minimum Deposit | $5 |
Base Currencies | EUR, USD |
Deposit Methods | Crypto, E-Wallets, Credit/Debit Cards |
Withdrawal Methods | Crypto, E-Wallets, Credit/Debit Cards |
Minimum Trade Amount | $1 |
Maximum Trade Amount | Depending On The Account Type |
Tradable Assets | +110 (Varies Based On The Account Type) |
Investment Options | Copy Trading |
Bonus | Welcome Bonus, Tradeback, Risk-Free Trades |
Spreads | From $0 |
Commission & Fees | No Trade Fees |
Maximum Leverage | 1:1 |
Affiliate Program | No |
Trading Features | Rewards |
Inactivity Fee | None |
Customer Support Ways | Phone, Email, Telegram Bot, Live Chat |
Customer Support Hours | Not Stated By The Broker |
Account Types
Binarium offers several account types to cater to different trading styles and investment levels. Here's a breakdown of 5 account types available on the broker:
- Start
- Standard
- Business
- Premium
- VIP
In the table below, we will review each account in detail:
Start | Standard | Business | Premium | VIP | |
Deposit Amount | $0-100 | $100-500 | $500-2,000 | $2,000-5,000 | $5,000 |
Tradeback | None | 5% | 10% | 12.5% | 15% (Real Funds) |
Available Assets For Trading | 63 | 72 | 88 | 108 | 116 |
Withdrawal Limit Per Day/Per Week | $50/$100 | $200/$500 | $500/$2,000 | $1,500/$4,000 | $15,000/$100,000 |
Limit Per Request | $25 | $50 | $100 | $250 | No Limit |
Trading Room | None | None | Business | Business | Business, VIP |
Binarium Complete Sign Up & Verification!
Getting started with this broker is a straightforward process. Here's a step-by-step guide to signing up and verifying your account:
- Visit the Binarium website and click on the "Sign Up" button.
- Fill in the form with a valid email address, create a password, and choose your account currency. You can use your Google account instead for faster registration.
- Agree to the terms and conditions and privacy policy.
- After clicking on "Open A Free Account", on the next page fill in the form with your name and phone number.
- A message will be sent to the email address provided in the form. Open that message to verify your email.
- You have created your account on the platform!
For complete verification, you must upload a clear photo of the required documents (e.g., your passport) in one of the given formats. The website insists that the provided image must not be edited or cropped.
Binarium Bonuses
This binary options platform offers various bonuses to attract and retain traders. Here's what you need to know:
- Welcome Bonus: New traders may receive a bonus on their first deposit;
- Deposit Bonuses: Enjoy periodic bonuses on subsequent deposits;
- Risk-Free Trades: Some promotions offer risk-free trades for a limited time;
- Tradeback: A specific type of bonus that is available on Standard, Business, and Premium accounts.
Currently, this broker offers a $100 welcome bonus for new users after their first deposit. here's how you can get it:
- Create an account in Binarium broker;
- deposit at least $50 to your account;
- the $100 bonus will be automatically credited to your account.
Binarium Commission and Fees
The broker's fee structure is designed to be competitive and transparent. This binary option platform, similar to other binary option brokers, does not charge any fees for trading.
Also, there are no hidden costs. However, it charges withdrawal commission at specific situations.
Binarium Trading Cabinet Features
Binarium's trading cabinet is designed to provide a comprehensive and user-friendly trading experience. Here are some key features:
- Asset Selection: Access to a wide range of assets, including forex, commodities, indices, stocks, and cryptocurrencies;
- Flexible Expiry Times: Set option expiration time;
- Real-time Charts: Access to advanced charting tools with multiple timeframes and TradingView charts;
- Trading History: Explore detailed records of all your trades and transactions;
- Bank Section: Easily manage deposit and withdrawal;
- Education Section: Access to articles and guides for trading.
Remember that the availability of advanced features may depend on your account type.
Available Indicators and Oscillators
Binarium's proprietary trading platform offers a decent set of technical analysis tools. Here's a breakdown of the available indicators and oscillators:
Trend Indicators:
- Simple Moving Average (SMA)
- Smoothed Simple Moving Average (SSMA)
- Linear Weighted Moving Average (LWMA)
- Exponential Moving Average (EMA)
- Parabolic SAR
- Alligator
Oscillators:
- Relative Strength Index (RSI)
- Stochastic Oscillator
- Average True Range (ATR)
These indicators and oscillators can be customized and combined to create powerful trading strategies.
Traders can use up to 4 charts simultaneously, allowing for comprehensive market analysis across different timeframes and assets.
Also, you can use TradingView charts to access its tools and features on this platform.
Withdrawal and Deposit Methods
Binarium offers a variety of payment options to accommodate traders from different regions. Here's an overview of the Binarium deposit and withdrawal methods:
- Credit/Debit Cards (Visa, MasterCard)
- E-wallets (Neteller, WebMoney)
- Cryptocurrencies (Bitcoin, Ethereum, Ripple, Litecoin)
- Local payment methods (varies by country)
Binarium Copy Trade and Social Trading Options
The platform offers a unique copy trading service that allows novice traders to benefit from the expertise of professionals. Here's what you need to know:
- Minimum deposit: Invest $10 (or equivalent) to access the copy trading feature;
- Demo: Access to a $10,000 demo account;
- No Algorithmic Copying: Unlike some forex platforms, Binarium doesn't offer automatic trade copying.
Binarium Advantages and Disadvantages
The broker offers Binary Options trading with a minimum trade size of $1 and up to 90% return. However, like any other binary broker, Binarium too has flaws.
Pros | Cons |
Low minimum deposit ($0) | No regulation |
No trading fees | Withdrawal limits |
Various promotions | No support for advanced trading platforms like MT5 |
Support for Crypto payments | Low TrustPilot score |
Trust Scores
One of the suitable ways to determine a broker or platform's trustworthiness is its score and rating on review websites. In this section of the Binarium review, We will discuss the broker's rating on Trustpilot and REVIEWS.io:
- Trustpilot Users Score: 1.7 out of 5 based on 21 reviews
- Rating on REVIEWS.io: 2.6 out of 5; average of 14 scores
As mentioned above, Binarium hasn't been able to achieve an acceptable score on the websites. However, we should consider that it's based on few reviews.
Customer Services and Support
Certainly, one of the most important departments in every broker is its support section. Unfortunately, there is not much information available on the support team at Binarium.
However, you can contact this platform through these channels:
- Phone
- Live chat on the official website
- Telegram bot
Writer's Opinion and Conclusion
Binarium’s 15% Tradeback, risk-free, and $100 welcome bonuses have made this broker an attractive choice for over 51,000 traders.
However, users on Trustpilot have given it a score of 1.7 out of 5, mainly because of the lack of complete transparency in trading costs.
