Best Binary Options Brokers Binary Mate Review

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Education How To Trade!
    Free Demo Account!
    Big Sign-up Bonus!

  • Binomo
    Binomo

    Good Choice For Experienced Traders!

Binary Mate

Реклама

Брокер бинарных опционов Binary Mate находится в черном списке. Такое решение принято после анализа многочисленных негативных отзывов, размещенных на тематических порталах, в блогах и форумах. Работа на этой торговой площадке может привести к негативным последствиям, в частности, к потере не только наторгованной прибыли, но и депозита.

Так как Binary Mate работает без регуляции, в случае возникновения спорной ситуации, с большой долей вероятности она будет решена не в пользу трейдера. Обычно это приводит к потере всей наторгованной прибыли, депозита, а также дополнительным вложениям средств, которые не будут возвращены трейдеру под различными предлогами.

Строго не рекомендуется открывать торговый счет на платформе Binary Mate, передавать персональные данные менеджерам брокера и даже вступать в переписку с ними, не смотря на любые «выгодные предложения», которые они могут сделать. Любые финансовые отношения с Binary Mate могут привести к невосполнимым убыткам.

Binary Mate Review – is binarymate.com scam or good binary options broker?

Visit www.BinaryMate.com

General Information

Minimum deposit Min. bet size Payout % Bonus Trading platform
$250 $ 10 Up to 85% 20%-100% proprietary web

BinaryMate is a binary options broker, offering trading in different financial assets on its in-house web-based platform.

Trading Accounts

Based on the client’s initial deposit, BinaryMate offers several account types:

Account type Min. initial deposit Welcome bonus Risk-Free Trades
Bronze $250 20%
Silver $1 000 50% 3
Gold $3 000 100% 3

However, BinaryMate offers demo trading solely to live account holders. That means, if there are any problems, you’ll learn about them when it is already too late.

The Company. Security of Funds

Affort Projects S.A.

Launched in 2020, BinaryMate website and trademark are owned by Affort Projects S.A., comany registered in the Seychelles. According to the information on the broker’s website, BinaryMate acts as an agent of Finance Group Corp., holding a financial services license from the Vanuatu Financial Services Commission (VSFC) .

Binary options brokers have increasingly bad reputation lately, as many of them, especially offshore ones and non-licensed and, turn out to be scams. The case with BinaryMate does not seem very promising either: there is an impressive number of client complaints against the broker (refused withdrawals, its prices don’t match the market direction, etc.) and actually behind the brand are two offshore companies.

Don’t be fooled by a Vanuatu license – this is just a shiny piece of paper anyone with $2,000 in his pocket can get. This is the minimum capital requirement for forex and binary brokers set by the VSFC. By comparison, CySEC requires at least EUR 730 000 in capital from new brokers, which acts as a deterrent for most scammers.

Trading Conditions

Trading Options: turbo, intraday and long-term options

Assets: Currencies, Stocks, Indices, Commodities

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Education How To Trade!
    Free Demo Account!
    Big Sign-up Bonus!

  • Binomo
    Binomo

    Good Choice For Experienced Traders!

Expiry times: 30 sec – 1 month

Minimum Initial Deposit

The minimum initial deposit for clients of BinaryMate is $250, which is not that low. Many brokers require less – Grand Capital, for example, demands just $10.

The minimum bet size with this broker is $10, which is standard for the industry. By comparison, Grand Capital one can place a trade with just $1. Low minimum bet sizes allow for better risk management.

The payout percentage offered by BinaryMate ranges from 70% to 85%, which is also average. In comparison, payout percentage offered by Grand Capital reaches 86%.

Trading Platform

BinaryMate uses its proprietary web-based platform, where users can trade in binary options and CFDs. Copy trading services are also available.

BinaryMate’s proprietary platform. Click to see a larger image.

Methods of Payment

BinaryMate offers its clients wide range of payment methods: wire transfer, credit/debit cards, Skrill, Neteller, Perfect Money, OKPAY, Qiwi, as well as several cryptocurrencies (Bitcoin, Ethereum, Altcoins).

Conclusion

BinaryMate is a relatively young binary options broker, registered offshore. The fact that it is not regulated is the main reason why it is not recommended. Besides, its reputation is not good, and we find the type of options offered on its platform rather limited. To sum up the above, here are the advantages and drawbacks in relation to this broker:

Pros Cons
Average trading conditions Not regulated
Bad reputation
Limited binary options ofered (No One touch, Ladder, Double up, etc.)
No free demo accounts
Broker Advantages

FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.

Trading212 is a European broker with an excellent proprietary trading platform, which is now available as an iPhone app as well (we tried it out and we loved it). Trading 212’s customers enjoy fast execution a vast selection of trading instruments.

XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.

FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.

FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.

FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.

FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.

HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry.

Binary Mate Review

Binary Mate

Binary Mate has been a broker which has been developing at a rapid pace since its beginnings. The number of clients is increasing from day to day, due to the constant development of the company in terms of the assets they provide

and the level of expertise. Since investing in the right asset is what is of the greatest importance when it comes to binary trading, Binary Mate seems it has gone the extra mile to assure that the traders get all the things they need to make the right decision. They provide different binary options types for their clients, and they put a great effort in the customer service in order to eliminate all the possible confusions. Here‘s our full Binary Mate review!

About Binary Mate

Binary Mate is a binary broker which appeared on the binary trading market in 2020. It is a relatively new platform, but according to Binary Mate reviews from users, the platform really provides everything that a trader needs. Even the name itself suggests that this broker will be your “mate” in achieving your trading aspirations.

If you are visiting their website for the first time, you will immediately encounter an online video chat tab, which you can use to initiate a conversation with one of their staff. The employees at Binary Mate will be your guides through the live chat and they will tell you everything you need to know about the platform, the types of binary options and the different possibilities that the platform offers. You will get the opportunity to chat with a staff member when you register an account.

The company itself claims that they provide the users with the most modern and advanced web platform for binary trading which is user-friendly and has a great interface, and according to what customers said in their Binary Mate reviews, they all seem to agree. Keeping in mind that you have the live chat option, another great plus is that you will be able to accurately see all the date which you will need for your trading deals, such as the amount, expiry times, pay out, and of course, the different binary options, according to Binary Mate reviews

For the users who are on the move, Binary Mate devised a mobile app which users can download from the Google Play Store and Apple App Store. The app is nicely packed and it has all of the options which the web platform contains, wrapped in a handy mobile app.

There are many things that make Binary Mate a great platform for traders. Besides the things we have mentioned so far in this Binary Mate review, there are other pros which make this broker a trustworthy one. Such advantages are the large selection of deposit and withdrawal methods. You can choose between the options they offer, and at the same time you will not need to worry because all of the transaction are 100% safe and secure. Plus, all withdrawal requests will be processed in no more than an hour, meaning that you will have the money in your account in no time! We will explore the different advantages in-depth later in this Binary Mate review.

Binary Mate Account Types

Binary Mate offers different types of account to its users, depending on the goal they are trying to achieve and the amount they are willing to deposit. Clients can choose between three different types of accounts:

Bronze Account

The bronze account is the most affordable type of account which is made for newbies who are not willing to deposit a large sum of money. In order to gain access to a bronze account, you would need to invest an amount between $250 and $1.000. With this account, you will get the right to initiate a live chat with Binary Mate‘s staff, and will also get a 20% welcome bonus. All new users will also gain access to a demo account, which they can use to familiarize themselves with the trading platform and gain some experience without the risk of losing their investment. This is a great place to start from according to Binary Mate reviews from existing customers.

Silver Account

The Silver Account offers more options than the Bronze Account, and naturally, the deposit you would have to make is bigger – $1.000 to $3.000. By obtaining a Silver Account, users will receive all the advantages that the Bronze Account has, plus some other additional features, such as a Master Class web session with experts, and 3 risk-free trades. A risk-free trade means that if your trade ends in failure i.e. if you lose your investment, your loss will be compensated by a bonus from the company. The Silver Account is the most popular and the most sought-after account by the users.

Gold Account

The Gold Account is the most expensive one which this broker offers, but of course, it is packed with some great advantages which can help you achieve your trading goals. The Gold Account comes with all the features that the Silver Account has, but of course, it has some unique advantages which will come in handy. With the Gold Account, not only you will get access to a Master Class web session, but you will also be assigned a personal success manager, and you will receive your own Swiss prepaid card. The cost of this account ranges from $3.000 to $10.000, and it comes with a 100% welcome bonus.

Binary Mate‘s Customer Service

We already mentioned in this Binary Mate review that the broker offers the option to chat live with a person from their team. However, when it comes to some other means of contact, it seems like this broker is slightly falling behind the competitors. In order to find the other ways to contact them, you would have to go to the bottom of their website and click “Contacts”. On the contact page, you will find a contact form which you can use in order to ask a question you might have. The contact team will contact you as soon as possible, but the expected reply time is not mentioned anywhere on the website. Additionally, in the Contacts tab you will find six telephone numbers which you can use to contact the customers service 24/7. You can give them a call at any time in the USA, Russia, Hong Kong, Thailand, Singapore and Australia.

This is pretty much all the Binary Mate offers as a customer service. When compared to the other brokers, this seems like a weak effort. But still, considering the fact that this is a relatively new broker, there is still room for improvement, and that should be done in the shortest time possible.

Binary Mate Education

While other brokers seem to be offering much under their education tab, Binary Mate seems to be falling behind again. If you head to their website and visit the education tab, you will notice that the only thing you will find there is the FAQ section. It is divided into four subcategories: Offers, My Account, How to Begin and Trading. Sure, you can find some valuable information there and find an answer to your questions, but if you compare Binary Mate to other brokers on the market which offer video tutorials and eBooks, this seems like a joke. So besides having to improve their customer service, Binary Mate need to do more about the education of the clients.

Deposit and Withdrawal Methods at Binary Mate

When your money is at stake, you always need to think about security. All of the transactions done through Binary Mate are 100% secure since they use the 256bit SSL encryption for all of the transactions. All deposits are safely transferred to a European Bank.

At Binary Mate, you will find many different deposit and withdrawal methods. Some of them are available to all traders, while some are available only to traders in certain counties. Traders from all over the world can deposit or withdraw money by using MasterCard, Visa, PayPal, JCP, American Express, OKPay and UnionPay. On the other hand, NETELLER is not available from countries in North America. In situated in Eastern Europe, traders can choose Qiwi Wallet or Yandex Money.

A truly great thing is that Binary Mate does not charge any fees when depositing or withdrawing money, which is a thing that the customers like according to their Binary Mate reviews, which of course, is not a surprise. However, if your selected deposit or withdrawal method charges certain transaction fees, they will be applicable with no exceptions.

While Binary Mate seems to be lacking some of the features that other brokers have, that doesn‘t mean that this platform should be out of the question for you. In reality, Binary Mate has some awesome features which can help you achieve your trading goals. The fact that you can start with as little as $250 makes this platform accessible to all, even to those who are not able to deposit more or simply do not want to risk too much. Another great thing that we mentioned in this Binary Mater review is that the broker does not charge any transaction fees, which is really rare in the world of binary trading.

If you are considering to become a trader, but you are looking for a secure and great platform, be sure to consider choosing Binary Mate. Check out their website for more details, read more Binary Mate reviews, and start building a name for yourself in the binary trading world!

General Risk Warning! your capital may be at risk

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Education How To Trade!
    Free Demo Account!
    Big Sign-up Bonus!

  • Binomo
    Binomo

    Good Choice For Experienced Traders!

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