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Binarium foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://www.binarium.ru/, about the company's legal and temporary regulatory information, the company's address Office 02, 9 Kappadokias, Dasoupoli, 2028, Nicosia, Cyprus.

Binarium Forex Broker

Basic information

Registered region
Cyprus
Operating period
--
Company Name
Binarium
Abbreviation
Binarium
Company employee
--
Customer Service Email Address
support@binarium.com
Contact number
+357(22)052784
Company website
Company address
Office 02, 9 Kappadokias, Dasoupoli, 2028, Nicosia, Cyprus
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

  BASIC INFORMATION:

  Binarium is an established online broker offering binary options spanading on a proprietary platform. The limited company operates from Saint Vincent and the Grenadines with an additional office presence in Nicosia, Cyprus. That being said, it should be noted that the broker is not regulated by any financial body.

  REGULATORY INFROMATION: LICENSE

  No valid regulatory information

  Please be aware of the risk!

  MARKETS

  Binarium offers clients investment and trading asset opportunities in the below markets. 8 OTC assets are available for fixed-time trades.

  · Commodities: coffee, gold, oil, silver, sugar, wheat and platinum

  · Indices: global indices including FTSE 100, DAX, Nasdaq and S&P 500

  · Forex: 20 currency pairs, major and minor including EUR/GBP and GBP/USD

  · Cryptocurrencies: 3 popular digital currency pairs, BTC/EUR, BTC/USD and BTC/GBP

  · Equities: trade stocks of some of the worlds top companies including Amazon, Apple, Microsoft and IBM

  FEES & LEVERAGE

  As a binary options broker, there are no trading fees to consider, you simply lose any stake in an options contract if it doesnt come off. However, if it does end up in the money, you will receive your stake plus a payout percentage up to 80% that is determined before purchase. Margin Trading is not supported by Binarium, so leverage rates are capped at 1:1.

  ACCOUNT TYPES

  The broker offers three live account types: Standard, Premium and VIP. Each Binarium account has different trading conditions, suispan for varying strategies. Base currencies vary but include USD, EUR, AUD, Russian ruble and Ukrainian hryvnia, reducing the need for sometimes costly currency exchanges. The cryptocurrencies Bitcoin and Litecoin are also offered as account base currency. It is always worth utilizing the demo account first to help guide your account choice. Live account features include:

  Standard

  · 5% trade back

  · Open a trade with just $1

  · 2 withdrawal requests per day

  · $5 minimum deposit requirement

  · $2,500 minimum withdrawal limit per month

  Premium

  · 5% trade back

  · Trading room access

  · Flexible withdrawals and limits

  · $500 minimum deposit requirement

  VIP

  · 15% trade back

  · Trading room access

  · Unlimited number of open trades

  · Flexible withdrawals and no limits

  · $10,000 minimum deposit requirement

  PAYMENT METHODS

  Deposits

  The minimum deposit requirement to open a live trading account is $5, or equivalent, which is competitively low and ideal for a new investor. Clients may deposit a maximum of $10,000 per single transaction. The broker accepts several account funding methods and currencies, including USD, EUR, AUD and Ukrainian Hryvnia. Binarium does not charge a fee for any deposit payment methods and also covers any third-party charges. Funding methods include:

  · Qiwi

  · Neteller

  · Free-Kassa

  · Webmoney

  · Yandex Money

  · Bank Wire Transfer

  · Credit/debit cards- including Visa, Mastercard and MIR

  · Cryptocurrencies- Bitcoin, Ethereum, Litecoin, and Ripple

  Note that some methods may only be available in certain jurisdictions. Deposits are processed immediately for all payment methods and instantly reflected in your account.

  Withdrawals

  The majority of payment methods have a $5 or equivalent currency minimum withdrawal amount. The broker covers third-party withdrawal charges, depending on trading volume vs initial deposit amount. For example, if the sum of all trades is not at least 2x your initial deposit, withdrawal fees will not be covered by the company. Verified accounts can benefit from 1-hour withdrawal processing times.

  TRADING PLATFORMS

  · Major Web Browsers

  · API

  CUSTOMER SUPPORT

  Binarium provides an adequate FAQ section plus the below customer support options, available in nine languages, including Indonesian, Spanish and Russian:

  · Telegram

  · Live Chatbot

  · Telephone No: +357(22)052784

  · Email Address: support@binarium.com

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Latest Reviews

天道酬勤8300

天道酬勤8300

Singapore

I opened Binarium's website, but all I see is a blank page. I'm not sure what happened exactly, but it's very frustrating for me because I was really interested in learning more about their trading platform and conditions. I hope they can fix the issue soon, or at least provide some explanation for the outage.

Positive

2023-03-24

Binarium Forex Broker has an overall rating of 1.48, Regulatory Index 0.00, License Index 0.00, Business Index 6.78, Software Index 4.00 Risk Control Index 0.00.