Binarymate Broker Review

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Although Binarymate is very new to the binary options trading industry as it was established in 2016, it Binarymate Brokerhas made a name for itself and gained a lot of popularity in the industry. Its users continue to
increase daily which gives a positive impression on the broker and got our attention. After our close look and research on the broker, here is our review on the binarymate broker.

Basic Information on the broker

  • Owner – Affort Projects S.A.
  • Countries Available – Worldwide
  • Headquarters – 309 & 310 Office, Albert Street Victoria, Mahe, Seychelles
  • Platform – Proprietary
  • Minimum Deposit – $250
  • Minimum Investment –  1$ (or €)
  • Maximum Investment – 1500$ (or €)
  • Minimum Withdrawal – $50
  • Payout – Up to 90%
  • Mobile –  Available
  • Demo Account – Available

Pros:

  • Accepts all countries, including the USA
  • Free trading guide and tools available
  • Weekend trading
  • Supports English, Russian, French and Spanish
  • High bonus on deposits and high returns rate
  • Withdrawals can be gotten in an hour
  • Properly designed and user-friendly platform
  • Demo account available

 Cons:

  • Mobile trading not available

AssetMagnate Rating:

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Binarymate Broker Review

After making a thorough research on various aspects of the binarymate broker, here is an insight of the broker based on our research and encounter with the broker.

Trading Platform

Binarymate has a unique trading platform with a great user-friendly interface which gives both amateurs and experts a quality trading experience.

binarymate trading plaform

Available assets on the broker include; Forex, stocks, commodities and indices (over 100+ tradable assets)

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Demo Trading

The broker offers their users a demo trading account where they practice and test new strategies on live charts with virtual money which can be replenished if exhausted rather than risking real money.

Mobile Trading

The broker has a mobile trading platform which can be used by their traders from the mobile phones. The mobile platforms can be downloaded from both iOS and the android store.

Account Types

Binarymate has different account types depending on the amount deposited by the trader. The different account types include

  • Bronze Account – This account type requires a minimum deposit 0f $250 which gives you access to live video chat, withdrawals in 1 hour, 20% bonus on deposit and a demo account.
  • Silver Account – This account type is popular among trader and requires a minimum deposit of $1000 which gives you access to a 50% bonus on your initial deposit, Masterclass (web session), Live video chat, Withdrawals in 1 hour, Demo account, First 3 risk-free trades
  • Gold Account – The minimum deposit for this account type is $3,000 and the bonus is 100% of the initial investment, master classes, a personal success manager, Live video chat, Withdrawals in 1 hour, Demo account, First 3 risk-free trades, Swiss prepaid cards and Trading protection.

Deposit/Withdrawal

Binarymate is one of the best when it comes to deposit/withdrawal. They offer traders a variety of payments and withdrawal option which includes; Credit cards (VISA/Master Card), UnionPay, Alipay, Amex, JCB, Wire Transfer, WEBMONEY, QIWI WALLET, OKPAY, Bitcoin, PERFECT MONEY, NETELLER. Not stopping there, they offer traders an extremely fast withdrawal of funds allowing traders to receive withdrawals within an hour.

Customer Service

Binarymate has a great customer service as they offer their traders a multi-lingual support team and the support team can be reached through email – [email protected], live chats and telephone – Australia (61-8-5550-7288), Chinese (3-395-0396)4, English (+1-829-9548077), Russian (+7-499-7033774), Singapore (965-65425142), Thai (02-21345671)

READ  Indepth FxPro Broker Review

Is Binarymate a Scam?

After making a thorough research on the binarymate broker we can say that the broker is not a scam.

Conclusion

Binarymate is a very user-friendly broker and offers a lot that other brokers do not which includes; support in multiple languages, risk-free trades, a personal success manager, Withdrawals in 1 hour among others. The broker seems to become nice and clean with their users increasing daily. We hope they continue to get even better.

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