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Broker Reviews

Published on August 6th, 2019 | by John Kane

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BinaryMate Review 2019

BinaryMate Review 2019 John Kane

Summary: An interesting broker that seems more interested in Forex and CFD now than they do in their binary options offerings.

3.7


User Rating: 4.5 (1 votes)

Binarymate is a binary options broker that prides itself with providing the most recent Options and CFD trading. The company has over the past years, stood out due to its live chat feature for customer support and efficiency for payments.

BinaryMate Review

Binarymate was founded in 2016 and is based in Albert Street Victoria, Mahe, Seychelles. The broker is available for any inquiries via email @supportbinary mate and telephone number +1-829-9548077. This article will highlight some of the Binarymate prominent features, to determine whether it is legit.

Security

To start, the security of both your information and funds is of the utmost importance when choosing a binary options broker to invest. As such, Binarymate is SSL certified 256 for all your information submitted to them. The company clearly states that customer’s information cannot be disclosed to a third party unless required otherwise by the law.

Moreover, the company claims to invest with the Europe bank for the safety of all funds. Other than that, all transactions are verified by Visa MasterCard security code showing that the company can be trusted with the safety of your funds. Generally, the broker has invested in a 3D security feature to ensure that their security feature remains reliable. Therefore, with all these security features put in place, the company proves to be reliable and trusted with your hard-earned cash.

Customer Services

As mentioned before, Binarymate has arguably one of the best customer services in the industry. The company has a live video customer care service to help you with all your trading questions and problems. The broker boast of having a team of multilingual professionals that attend to you 24/7. As such, the company has provided different telephone lines for different languages including Russia, Chinese, Australia, Thai, Singapore, and English. Therefore, this highly commendable customer service feature helps to build trust between the investors and the company. These are proof that the company truly exists and is legitimate.

Payments

Binarymate claims to have fast, efficient, and reliable funding methods supported by the most popular funding providers. They include Visa Master Card, bitcoin, altcoin Ethereum, and Perfect Money. Therefore, the broker ensures that all their customers are covered regardless of the funding providers of choice.

Also, the company is popular for its fast withdrawals. Processing of withdrawals takes a maximum of 1 hour except holidays and weekends when it might delay. This proofs that the company does not intend to retain your money after earning.

The minimum amount that you can trade-in is $1while the maximum amount allowed to trade is $1500. As such, the broker does not limit its services to only those with loads of money. Similarly, for beginners trading in $1 reduces their chances of risk helping them gain confidence in trading as they start.

Account Types

Binarymate has packaged its services into three different accounts. That is Bronze, Silver, and Gold account. The accounts differ according to the initial deposit made. As such, the more the deposit, the better the account. The gold account usually is the best with the highest deposit and the best bonuses and advantages. On that account, the binary options broker proves to look out for the needs of all its customers, whether with huge deposits or low amount of money to invest.

Bonuses

Binarymate goes out of its way to honor its customers with bonuses depending on their first deposit. The bonuses can be as high as 100%. Different accounts have different bonuses. The gold account attracts 100% bonus while the silver attracts 50% bonus and finally, bronze account attracts a 20% bonus. Therefore, the greater the deposit, the greater the bonus offered.

Competitors

These are the most recent competitors for the Binary Mate broker:

Demo Account

If you are a beginner at binary options trading, then you might need a demo account to help you familiarize with how the industry works. A demo account is a good place to start since it is free and you do not trade with real money. Binarymate offers demo accounts for all its three different types of accounts. Therefore, beginners are safe to invest in the broker and get the skills before opening a live account. These prove they are not scammers who pressurize you to start with a live account since they are only after making profits and not customer satisfaction.

CFD Trading

Binarymate now offers CFD Trading, which allows you to trade without actually owning financial assets. With CFD trading, you can make real money by speculating on the financial movement of assets. On that account, even without owning real assets or money you can invest with CFD Trading in Binarymate and make real money. It shows that the company is devoted to giving you the best trading experience regardless of your current financial situation.

Mobile Trading

Whether you are in your office or you are traveling across the globe, Binarymate ensures you can access your trading account. The trading platform is supported on both the web and mobile.

The mobile trading app is supported on android and iPhone. You can download it via google play store for android. Therefore, with Binarymate you do not have to miss trading since you can trade on the move and still make profits

Final Verdict

With the company’s best features highlighted above, they have proven to be a trustworthy binary options broker. If you are looking to join the binary trading industry, check out Binarymate. In conclusion, trading in brokers is always a risk; making profits is never a guarantee. Therefore, the best you can do is making sure you invest in the right brokers to increase your chance of making profits.

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About the Author

I am a full time binary options trader. I was able to leave my job in the last 5 years and dedicate myself to trading fully. I never thought my hobby and passion would make a living for me but I am grateful every day that it has. My main goal now is to communicate with the binary trading community, contribute to different websites and learn from other traders.

Disclaimer: Binary Today would like to remind you that the content contained in this website is not necessarily real-time nor accurate. Past performance does not guarantee future performance, the above is not indicative and is purely for educational purposes only. Relying on the above for investment, trading or betting in binary options or Forex is not advised unless done so with virtual money only.

Binary Today or anyone involved with Binary Today will not accept any liability for loss or damage as a result of reliance on the information including reviews, recommendations, charts, software, income reports and signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.


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