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Bubinga Binary Review 2024

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Bubinga Binary Review 2024
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Your Capital is at risk.

Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

Overview
Company:Bubinga
Founded:2023
Regulation:
OTC:
Forex Trading:
Assets:120
About
Bubinga Binary, launched in 2023, offers a $5 minimum deposit, a 100% deposit bonus, and access to TradingView tools. Despite attractive features, concerns include limited trust scores, subpar customer support, and unfair "Start" account conditions. Traders should evaluate carefully before committing.
Contact
Pythagora 1, office 205, Egkomi, 2408, Nicosia, Cyprus
Rank and Score
Account Types
Markets
Account NameMin DepositMax Return
Account NameStandardMin Deposit$5Max Return80%
Account NameDemoMin Deposit$0Max Return0%

Bubinga binary is a platform established in 2023 with an attractive 100% bonus of up to $2,000 on the first deposit, a low minimum trade amount of $1, and a free $10K demo account. Also, the website claims that the company has secured funds in EU bank for enhanced protection.

You can access the customer support team on the website 24/7. It's available via email and live chat.

Bubinga binary
Bubinga Binary Review; Key details and various aspects

Company Introduction

Bubinga is a binary options trading platform founded in the Asia-Pacific region in 2023. The company is operated by two entities:

  • Nortana Services Limited:
    • Registered in Pythagora 1, office 205, Egkomi, 2408, Nicosia, Cyprus;
    • Registered under the number HE 433385;
  • Nortana Ltd:
    • Registered in 305 Griffith corp. centre, P.O.BOX 1510, Beachmont, Kingstown, Saint Vincent and the Grenadines;
    • Under the registration number 26795 BC 2022.

The company's headquarters is located in Cyprus, with an additional office in St. Vincent and the Grenadines. Bubinga claims on its website that they have secured the funds in EU bank.

Platform Specifications

In this section, we will have an overview of the features, specifics, and services provided by Bubinga. You will see a summary in the table below:

Broker

Bubinga

Account Types

Start, Standard, Business, Premium, VIP, Demo

Establishment Year

2023

Trading Platforms

Proprietary Platform

Maximum Return

Varies

Minimum Deposit

$5

Base Currencies

USD, EUR, JPY, KRW, BTC, LTC

Deposit Methods

Crypto, Credit/Debit cards, Sticpay, PayPay, AstroPay, Perfect Money, Vega Wallet, JCB, and more

Withdrawal Methods

Crypto, Credit/Debit cards, Sticpay, PayPay, AstroPay, Perfect Money, Vega Wallet, JCB, and more

Minimum Trade amount

$1

Maximum Trade Amount

No Limits

Tradable Assets

+120

Investment Options

None

Bonus

100% first deposit bonus, Loyalty rewards, trading contests, seasonal promotions

Spreads

Not Specified

Commission & Fees

None

Maximum Leverage

1:1

Affiliate Program

Yes

Trading Features

Economic Calendar

Inactivity Fee

7,000 JPY After 3 Months of Inactivity

Customer Support Ways

Live Chat, Email

Customer Support Hours

24/7

Available Account Types on Bubinga

The platform offers various options in this regard, designing a 5-account structure with 1 demo account consisting of $10,000 virtual funds for practicing, getting familiar with the interface, and so on. Here's a comparison between trading accounts:

Account Type

Start

Standard

Business

Premium

VIP

Min. Deposit

$5

$100

$500

$2,000

$5,000

Tradeback

None

5%

10%

12.5%

15% (Real Funds)

Trading Instruments

68

77

93

113

121

Withdrawal Limit (per Day, per Week)

$50/$100

$200/$500

$500/$2,000

$1,500/$4,000

$15,000/$100,000

Limit per Withdrawal Request

$25

$50

$100

$250

No Limits

Withdrawal Request Processing Time

Up to 5 Days

Up to 3 Days

Up to 2 Days

1 Day

1 Day

Trading Room

N/A

N/A

Business

Business

Business

Amount of Simultaneously Open Trading Orders

$100

$250

$1,000

$2,500

No Limits

The minimum trade size for live accounts is $1, making it accessible for low amounts of funds with little risk.

How to Register and Verify Identity

Signing up with Bubinga is a fairly simple process and does not have to take long. Follow these steps to open and verify your account:

Bubinga Binary registration form
Fill in the fields according to the given instructions to register with Bubinga Binary
  • Visit the website;
  • Fill in the registration form on the right with your email address and create a password;
  • Select your account currency from the menu;
  • Agree to the terms and conditions;
  • On the next page, fill in your full name and provide a phone number;
  • Confirm your email address by clicking on the link sent to your inbox.

Now, you have created your account. For making withdrawals, you will need to verify your identity by submitting one of the required documents in the "Profile" section of the website.

Bonus Offerings and Promotions on Bubinga Binary

This platform offers several enticing bonuses and promotions to make it more enticing for new traders and existing clients:

  • 100% First Deposit Bonus: New traders can double their initial deposit and earn up to $2,000 with a payment of at least $50;
Bubinga binary 100% bonus
Bubinga Binary 100% first deposit bonus with instructions
  • Loyalty Rewards Program: Regular traders can earn bonuses, tenure, and milestones;
  • Trading Contests: Participate in regular competitions for a chance to win cash prizes or other rewards;
  • Referral Program: Earn bonuses by inviting friends to join the platform;
  • Seasonal Promotions: Keep an eye out for special offers during holidays or other events.

While these bonuses can be attractive, always read the terms and conditions carefully to understand any associated wagering requirements or restrictions.

Spreads and Commissions Overview

Bubinga prides itself on a transparent fee structure with no hidden charges. One of its advantages in this section is that it overs payment systems' commissions for clients.

Based on our investigations and chats with the support team, there are no fees on trading pairs. The inactivity fee only applies if the account is inactive for at least 3 months AND has at least 7,000 JPY or equivalent currency. The amount is 7K JPY.

About spreads, the support agent didn't know the meaning of the word! This is a significant downside for the support department in a financial firm.

Personal Cabinet; Features and Interface

The personal cabinet (trading platform in other words) on Bubinga offers a range of features to provide trading capabilities for clients:

  • Real-time Market Data: Stay updated with the latest price movements and trends;
  • Intuitive and Attractive User Interface: Navigate the platform with ease, even as a beginner;
  • Alerts and Notifications: Receive important updates about your trades and account;
  • Account Management Tools: Easily deposit, withdraw, and manage your funds;
  • Trading History and Performance Analytics: Track your trading progress and identify areas for improvement.
Bubinga binary personal cabinet
The personal cabinet of Bubinga Binary platform with real-time price

Which Indicators and Oscillators Are Available?

The company has integrated the TradingView platform into its cabinet, providing traders with a vast range of popular technical indicators and oscillators to assist in market analysis. These tools include:

  • Moving Averages (Simple and Exponential);
  • Relative Strength Index (RSI);
  • Bollinger Bands;
  • MACD (Moving Average Convergence Divergence);
  • Stochastic Oscillator;
  • Parabolic SAR;
  • Average Directional Index (ADX);
  • And more.

These indicators can help traders identify trends, momentum, and potential entry and exit points for their trades.

Which Payment Methods Are Accessible on Bubinga Binary?

The platform does a good job in this regard; it offers a long list of options for deposits and withdrawals. Let's take a look:

  • Cryptocurrencies: Bitcoin, Ethereum, Litecoin, Ripple, and USDT;
  • Credit/Debit Cards: Visa, Mastercard, and JCB;
  • E-wallets: PayPay, AstroPay, iWallet, SticPay, Vega Wallet, Tiger Pay, and Perfect Money.
Bubinga binary payment methods
Available options for deposits and withdrawals on Bubinga Binary

This diverse selection of payment methods ensures that traders can choose the most convenient and secure option for their deposits and withdrawals.

Are There Any Copy Trading and Social Trading Services?

As of the time of writing, Bubinga does not offer copy trading or investment services. These features are popular on many forex and CFD platforms but are less common in the binary options trading space.

Bubinga Trust Scores on Reputable Websites

Based on our research and investigations, the platform does not have any trust scores on any relevant sources. This could be because of the company's short track record. Nevertheless, this lack of reviews suggests extra caution before making any deposits.

Bubinga Binary Option Support: Is 24/7 Customer Service Available?

The company offers several typical customer support options to assist traders with any questions or issues:

  • Live Chat: Available on the website for registered and unregistered users;
  • Email: support@bubinga.com.

The support team is available 24/7, and they answered quickly in our attempt. Still, the operator was not knowledgeable enough to answer a question about trading spreads, which is a total embarrassment for a financial company!

Writer's Opinion and Conclusion

Bubinga binary is a Cyprus-based binary options trading platform with a low minimum deposit of $5 and an attractive 100% deposit bonus. Also, you can access the TradingView charts in the personal cabinet with many indicators and chart tools available.

However, the conditions for the "Start" account are unfair. Moreover, the support agent we were connected with was not an expert, and couldn't answer the question about trading spreads. Besides, there are no trust scores of the company over the web.

FAQs

Is Bubinga binary regulated?

No; it's not a regulated platform, similar to most other binary option brokers.

What is the minimum deposit on Bubinga binary?

The minimum deposit is $5.

Does Bubinga Binary offer a demo account?

Yes, a $10,000 demo account is available.

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