BinaryMate Review – US Friendly Broker – Free Demo | Binary Mate
Binarymate is a UK registered binary options broker who started trading in 2015. They have chosen to be regulated by the UK and adhere to some of the strictest financial regulations in the world as this allows them to offer their services to traders across the world; even US traders can access their software and sign up for an account.
This broker is the first to bring an exciting new feature to the market: live video chat. This will allow you to see and speak to a member of the customer support team at any time of the day or night.
They have also opted to design and build their own unique in-house trading platform. The main reason behind this decision was to ensure they could offer the best possible service in terms of performance, quality and reliability. This new approach appears to be working as they are already gaining popularity and building a good customer following.
An additional incentive to use Binarymate lies in the fact they offer free educational material to all their traders. Whether you need help from one of their market experts or simply wish to study the extensive range of fundamental analysis information; you can do so for free. Other trading tools include technical analysis, trade patterns and access to all the latest news from the markets. There is even a section which will provide you with trade ideas.
BinaryMate Broker Details
|Support Types||Callback , Live Video Chat , Phone , Email|
|Minimum 1st Deposit||$250|
|Minimum Account Size||$250|
|Minimum Trade Amount||$1|
|Bonus||100% + 250$ Deposit Bonus|
|Free Demo Account|
|Account Types||Micro Account , Bronze , Silver , Gold|
|US Traders Allowed||Yes|
|Types of assets:||Currencies, Stocks Indices, Commodities|
BinaryMate’s Live Video Chat Support
Most brokers offer the ability to contact them via telephone, live chat and email. BinaryMate has these options and provides an excellent response rate, with informative and knowledgeable assistants. However, BinaryMate is one of the first to integrate video assistance into their support service. You can contact a customer service assistant at any time and have the option to video chat publically, (where other users can join in the chat),or privately. This method of communication provides instant answers with the ease of a normal conversation. They are happy to provide assistance regarding how to trade as well as the more technical aspects of any trade. It is a feature which is sure to spread to other brokers.
There is also an extensive frequently asked questions area of their website which covers all the basic questions you may wish to get an answer to.
It seems that BinaryMate created their own proprietary platform that is also available for mobile trading. The platform provides a dynamic chart that shows market movements, but beginners could find it somewhat difficult to use. Good thing is that traders have a special private chat window where traders can ask questions.
The customer support comes in handy, as a trading platform doesn’t provide a good insight into what broker offers, but still, fails to deliver the right answers. During BinaryMate review, it was found out that they offer only high/low, 60 seconds and long term trading, even though they claim to offer much more. However, due to a complicated platform, it was hard to discover if that is really true. The customer support failed to understand our questions.
The BinaryMate platform doesn’t require any downloads and it is visible from the desktop, once the trader is registered.
During BinaryMate review, it was discovered that this broker has a limited number of assets, only stocks, commodities, and currencies. A Wider range of assets, with indices included, would be amazing.
Every trader loves rewards, they wish for bonuses as much as possible and Binarymate.com gives bonuses upon initial deposits for all. The broker is offering 20% to 100% bonus for all investors depending on their initial deposit. However, you will have to trade a certain times to be able to withdraw the bonus amount.
Opportunities Provided by BinaryMate
BinaryMate are launching a revolution in the trading industry. Traders are spending hours in front of the screen to analyse trends and learn how to take advantage of the trading platform in terms of speed and functionality. With this binary options broker this are EASY … you are constantly in touch with your account manager
I have to admit that the choice of account types available on the BinaryMate platform is not very big. On the other hand, the three account types provided by the broker encompass all the necessary tools a newbie or a professional might need to success. Here is a brief description of the accounts:
- Bronze Account – the minimum deposit is the standard for the industry. If you want to trade with the Binary Mate broker, you will have to deposit at least $250. This would give you access to a 20% bonus.
- Silver Account – this is the most popular account type of the platform. You can upgrade to it if you initially invest $1,000. The bonus is 50% of your initial deposit and you also get the chance to observe web-base master classes on trading.
- Gold Account – the minimum deposit is $3,000 and the bonus is 100% of the initial investment. You get the master classes and a personal success manager as well.
BinaryMate Deposits And Withdrawals
This is one of the most important things to be looked at in any review. No matter how good the account is you will struggle to place any successful trades if you are unable to move the funds in either direction. Funds can be added or removed from your account via any major credit or debit card. Alternatively funds can be processed via wire transfer, Skrill, Neteller and even WebMoney. There is no charge by this broker for any deposit or withdrawal request! In fact, once you have selected the right option to remove your funds the payment request will be completed in less than one hour. It is worth noting that your card or payment provider may make a small charge.
All funds are transferred securely via European banks and comply with the strict regulations that are currently in force.
All binary mate traders are automatically registered for FREE in their trading contest . They are giving away $20,000 in prizes with 20 winners every week.
– Accepts traders from all over the world, including the US
– Your funds can be withdrawn in an industry leading one hour
– All new Live video chat feature available 24/7 and unique to this broker!
– Free money and market management tools
– Weekend trading
– Exceptionally high deposit bonus and the highest returns rate in the industry
– Exceptionally small minimum trade of just $1
– Well designed and easy to use platform
– Demo account – to get you started in trading or improve your techniques
– Supports English, Russian, French and Spanish
– The site can be used for manual trades or aligned with automated trading software to ensure you get the most from the software.
– Doesn`t have mobile trading yet
How do I sign up with BinaryMate?
- Click Here For Go To official Site.
- Click Register and then enter your name, country, phone number and email. Your email will be used as the login to the platform.
- Choose a password and your account currency (USD or EUR). The currency cannot be changed once the account is created.
- Fund your account with a minimum of $250 and start trading right away! You will be able to check out the platform even before funding your account.
Binary Mate seems to be a fine choice for traders all over the world. They provide excellent support in multiple languages. They also have constant live support. The trading platform of Binary Mate is very intuitive and easy to use and navigate. If you are looking for a binary options broker, you should give this one a thought. In case of questions, you can always turn to their support team or check for information in their detailed FAQ section.
Review Verdict: BinaryMate is NOT a Scam