Search

Rating Index

Pros

Neat and user-friendly in-house trading platform
Free demo account available for practice
Low minimum deposit requirement of $10

Cons

Lack of regulatory oversight from major financial authorities
Limited range of tradable assets compared to other brokers
Numerous complaints and negative reviews from users online

Binatex broker Accounts

Binatex Account Type

Binatex offers two main types of accounts for traders: the Demo Account and the Real Money Account.

  • Demo Account:
    • A virtual account with $10,000 in simulated funds.
    • Allows traders to practice trading strategies without financial risk.
    • Accessible immediately after registration.
    • Real Money Account:
      • Minimum deposit requirement of $10.
      • Minimum trade amount is $1.
      • Provides access to all trading features and markets available on the Binatex platform.

      Binatex Broker Account Opening Process

      Opening an account with Binatex is a straightforward process:

      • Registration:
        • Visit the Binatex website.
        • Fill in your email address to start the registration process.
        • An automatic password will be generated, which you can change later.
        • Account Type Selection:
          • After registration, you will automatically be directed to the Demo Account.
          • You can switch to a Real Money Account by clicking the appropriate button on the platform.
          • Verification:
            • For a Real Money Account, you may need to verify your identity by providing necessary documents before making withdrawals.
            • Depositing Funds:
              • Make a minimum deposit of $10 using various methods such as credit/debit cards, e-wallets, or cryptocurrencies.
              • Start Trading:
                • Once your account is funded, you can begin trading on the Binatex platform.

                This simple process ensures that traders can quickly get started with their trading activities, whether they are beginners using the demo account or experienced traders engaging with real funds.

Binatex accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
Binatex Account