Binarium option broker is a Cyprus based financial services company with a focus on Russian, Thailand and recently European markets. Founded in 2012, the binary options broker is famous for its small minimum deposit and investment amounts. Binarium aims to bring binary options trading to as many users as possible, through an easy to use platform and affordable monetary requirements. In this Binarium review, we provide you all the details needed to help you decide if this broker is worth your money. Binarium binary options broker is under the regulation of Financial Market Relations Regulation Center (СRRF).
– It is a binary options broker based in Cyprus
– Its operations are mainly for Russia and CIS nations.
– Has a small minimum deposit of $10 and minimum investment of $1
– It supports three languages including English, Russian and Thai.
– It offers free withdrawal of earnings.
– It offers traders payouts of up to 800 percent.
Binarium options broker offers its services to traders using four accounts, however traders based in the USA can’t register on the platform. The accounts include the Basic, Premium, Business, and VIP. Binarium also provides a Binarium demo account to new users and beginners to test the features of their trading platform or learn the basics of binary options trading. Binarium Demo account comes with free $1000 virtual currency that can be used for practice trading on its platform. Deposits can be made with US Dollars, Russian Ruble, British Pounds and Euro.
Binarium Basic Account
The Basic account requires a minimum deposit of $10 and supports 24/7 trading. Holders of the Basic account have access to free learning materials and can withdraw earnings within five office days.
Binarium Premium Account
Owners of the Binarium Premium account are required to deposit a minimum of $500. It gives customers all the benefits of the Basic account plus a 30 percent bonus on the first deposit. Premium account users also get personal trading signals, personal account manager, and are provided with personal trading tutorial sessions. Also, traders with premium account get three risk-free trades when they start using the platform and can withdraw funds within three working days.
Binarium Business Account
The business account requires a minimum deposit of $2000 and comes with all the benefits of a premium account and more. Traders with Business account get daily updates of asset analytics and can withdraw their funds in a day. They are also entitled to two market analysis reports in a month and risk-free trading for the first two weeks.
Binarium VIP Account
To open a VIP account, traders need to deposit a minimum of $10000. In addition to the benefits of the Business account, holders of the VIP account can withdraw on request and get daily trading signals.
Binarium offers traders three trading options on its platform. The options can be used by different levels of users for trading all the assets on the Binarium binary options broker platform. They include 60 Seconds, One Touch, and Binary Options.
60 Seconds: This binary options trade type is a regular trading option but has an expiry time of 60 seconds.
One Touch: In this binary option, traders get a win if they can successfully predict that the price of an asset will reach a preselected price at least once within a stipulated period. Binarium One Touch Binary options are usually high yielding with payouts rising to 800 percent and expiration time of three days.
Binary options: The binary options have a long term expiration of 30 minutes to two months. The investing process uses the call/put, or high/low trading strategies and payouts can be up to 80 percent.
Binarium offers traders an extensive collection of over 120 assets. These include commodities, indices, forex, and stocks. Traders on the Binarium platform can invest in high-value stocks, major currencies of the world and some of the highest performing brands.
Commodities: Binarium offers commodities such as Coffee, Gold, Oil, Platinum, Silver, and Sugar.
Indices: Traders on Binarium can trade on some of the major stock indices in the world. These include S & P 500, Goldman Sachs, NASDAQ 100 Future, FTSE 100, Dow Jones, MICEX 10 and so on.
Currencies: Currencies are traded on the Binarium Binary options platform in pairs. Most popular foreign exchange pairs can be traded on Binarium. Some of the FOREX pairs include USD/GBP, USD/EUR, USD/CAD, USD/JPY and so on.
Stocks: On the platform of Binarium, traders can trade on stocks of Apple, Microsoft, Google, BP, Coca Cola, Barclays, Toshiba, BAE Systems and so on.
Binarium uses its proprietary version of SpotOption trading software for binary options trading. The platform has a straightforward and easy to use interface which makes trading easy for every level of trader from the beginner to the professional. The platform provides many free trading tools for an excellent trading experience. Users also get a well-equipped library with educational materials such as private training webinars, and trading strategies. Traders can also access an economic calendar, daily market analysis, market reviews, and news that are relevant to the binary options industry. The platform can be used to trade round the clock and is available on computers and mobile devices such as smartphones and tablets.
Binarium supports a broad range of payment options including bank transfers, credit and debit cards and electronic payment systems. Traders can pay and withdraw via MasterCard, Maestro, Visa card and so on. Traders can also use Neteller to pay and withdraw funds. The minimum deposit is $10, and the maximum is $10000. The minimum withdrawal is $5 while traders can withdraw as much as they like. Traders on Binarium withdraw free of charge as the binary options broker charges no fees or commissions. Binarium requires traders to verify their identity for the first withdrawal by sending a photocopy showing some details of their credit or debit card. Traders can withdraw as many times as they desire in a month.
Binarium has a dynamic support which can be contacted through email, telephone, call back request, Feedback Form, and Live Chat. You can contact them for any information or assistance via 24 hours active Live Chat, Skype at Binarium.ru, email them at firstname.lastname@example.org and you can call them on +74997033581. Traders can access the Feedback Form and Call Back Request via the Contact Us page.
The operations of Binarium platform is protected with 3D Secure. Trader’s personal information including their names and credit card details are kept anonymous to prevent breach of privacy.
Our Binarium review revealed that the binary options broker is based in Cyprus and caters for mostly Russian and other CIS countries. The high point for this broker is its low minimum deposit of $10 and minimum investment of $1. Additionally, the broker doesn’t charge its users for withdrawals. The company uses its version of the SpotOption trading platform with a beautiful and easy to use interface. Binarium offers traders over 120 underlying assets. The company has a well-stocked educational resource gallery and a versatile multi-channel customer support. Traders can get a high payout of up to 90 percent and can deposit and withdraw through bank transfers, credit, debit cards and e wallets. It also provides a Binarium demo account for the novice trader and people who want to test the platform. The platform is an excellent choice for people who want to invest in binary options with a low budget.
This article may also be interesting: Binomo Binary Option Review.