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Binarium is a broker of binary options within Binarium Limited. The company claims that it is one of the first in Russia to introduce trading forex options. Over the years of its operation, the broker has amassed vast experience. Nowadays, traders can choose from a variety of tradable assets such as currency pairs, shares, popular stock indices, and commodities. The list is regularly updated with new trading instruments.
Traders can restrict their losses to the lowest as the minimum trade size with the broker is only $1. Several account types are available with the company depending on a deposit size: Basic ($10), Premium ($500), Business ($2,000), and VIP ($10,000). Basic account holders are allowed to trade round the clock for 5 workdays. In addition to all basic trading conditions, Premium account offers a personal manager, personal trading signals, and individual trading tutorials. Owners of Business and VIP accounts are provided with market analysis twice a month, a personal strategy, and trading plan. Importantly, holders of accounts with bigger deposits receive supplementary educational materials unavailable to other investors.
Regardless of an account type, all traders can refer to the Education section which contains video tutorials, instructive courses, and articles. Investors are invited to take part in webinars arranged by the company.
The trading platform to trade binary options with the broker was developed on the basis of the SpotOption software. The platform is available from the website, traders do not have to download trading software.
Binarium clients can trade the following types of binary options:
The customer support service deals with clients’ questions by email, phone, and Skype.
Feel free to leave your comments on the broker’s services.
Slow orders execution, which does not make much of a difference on long time frames, but on shorter ones, you can actually lose a lot of money. Their technical support lacks knowledge about the market processes. Execution of trades is really low and although minimum deposit is affordable, its deposit methods are not effective. I definitely don't recommend this broker to trade in forex market. Trading system often had problems and many delays the trading time and no prior notice. If I submit a complaint to the customer support, they answered with unfriendly.
It is interesting how Binarium offers various types of binary options but their platform is still not working properly. They should have focused more on providing a stable platform because all else would follow.
From my long experience in the forex trading world, this broker is the worst broker I have ever tried. I've lost $2,500 in the last 4 days. They were very indifferent to every incident that I experienced. If you win something, they would delay your withdraw by all means. Although the mobile trading platform is good but that does not make any sense if all your blood is sucked by this trading parasite. From what I read, most of their clients were not satisfied using their platform. It's not user-friendly and there were few bugs.
I say Binarium gives professional service in the market, their MT4 platform is comfortable and profitable to me. Their execution is fast, the spread is competitive, platform Integrated with many trading tools, the platform can be customized with many plugins. Thatswhy the Binarium broker is the best option for me.
It will be for the best if you would just stay away from Binarium. I want to believe that they are trying their best to provide a good service to their clients but they just could not attain it. Their platform has a terrible interface and their tools are very confusing.