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Binarium

No Regulation
Saint Vincent and the Grenadines
,
Since 2012
Last Updated:
32/100
Overall Score

Trading Conditions

Min Deposit:
USD5
Max Leverage:
N/A
Account Types
BasicStandardBusiness+2 more

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

7 methods

Visa, Mastercard, MIR

credit card
Instant
Fee:
Free
Fee:
Free

Qiwi

e wallet
Instant
Fee:
Free
Fee:
Free

Yandex.Money

e wallet
Instant
Fee:
Free
Fee:
Free

WebMoney

e wallet
Instant
Fee:
Free
Fee:
Free

Neteller

e wallet
Instant
Fee:
Free
Fee:
Free

Bank Wire Transfer

bank transfer
3 days
Fee:
Free
Fee:
Free

Bitcoin, Ethereum, Litecoin, Ripple

crypto
Instant
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 0%, 2: License 0%, 3: Software 0%, 4: Spread 0%, 5: Account Type 32%, 6: Symbol 0%
Regulation
0%Poor
License
0%Poor
Software
0%Poor
Spread
0%Poor
Account Type
32%Poor
Symbol
0%Poor
No regulation
Your deposit is not protected by any financial authority.
What this means

Company Information

Full Name:Binarium
Founded:2012
Headquarters:Saint Vincent and the Grenadines
Enterprise Offices:N/A

Customer Support

Phone:
+357 (22)052784
Live Chat:
business_hours
Response Time:
Languages:
English
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Broker Summary

Summary of the broker

An overview of the company as well as an introduction.

In the field of financial services, Binarium is a broker which is gaining popularity for the way in which they provide a trading platform for people looking to trade multiple markets. Information regarding Binarium is minimal and as such, would likely be of most interest to people looking for ways to trade.

The purpose of this article is to give an overview of Binarium by outlining the company's background, its key features, regulatory status and the trading conditions, fee structures and user experience offered by Binarium. By presenting this information clearly, professionally and objectively, we hope that traders can form an understanding of Binarium's product and how they fit within the broader framework of financial services.

BACKGROUND

Binarium, founded in 2012, is a binary options brokerage owned by Binarium Limited. The company is based in St. Vincent and the Grenadines and includes five separate account tiers (Start, Standard, Business, Premium and VIP) that offer varying amounts of access to different trading assets, ranging from sixty-seven (67) to one hundred and twenty-one (121) trading instruments. The company does not have any sort of regulation from anywhere around the globe, and in their legal documents, it clearly states that all agreements take place within Cyprus.

FEATURES AND OFFERINGS

Binarium offers their clients a web-based trading platform designed for easy access to financial market trading. The specific details of the company's product offering, including the availability of different types of instruments and proprietary resources, are not all publicly available, but based on the nature of their industry, Binarium's platform will contain certain features typically offeredIf you are considering using Binarium, then always check Binarium’s official website before assuming anything about what they offer, to make sure that the information you find here is correct.

When selecting a broker, one of the key factors to consider is whether the broker is regulated by a Regulatory Authority and/or has a license. A regulatory authority or license helps to ensure that the broker is following industry standards and provides protection for its customers. Unfortunately, there appears to be very little information available about Binarium’s licensing and regulatory compliance, which may leave potential traders with little information to help them determine whether to use Binarium or not.

Therefore, prospective traders are advised to take additional precautions to confirm the regulatory support of the broker through either Binarium or an appropriate Financial Regulatory Authority.

To date, Binarium has the following licenses and regulatory authorities:

Regulatory Authority | License Number | License Status

---|---|---

Limited information available | Limited information available | Limited information available

When evaluating any broker, traders must evaluate key trading conditions such as spreads, leverage and minimum deposit amounts. As of today, Binarium has not provided any information regarding the trading conditions offered by the broker.

There is also insufficient information being provided regarding the trading technology that is utilized by Binarium for its Trading Platform, including technology that underpins the platform; Execution Speed; Devices the Trading Platform will function on; and Tools available for the trader to use. If you are interested in trading via Binarium, we recommend you contact Binarium directly for current and accurate information on these areas.

To date, there have been no further details regarding the Trading Conditions (TRADING CONDITIONS) of Binarium:

Trading Condition | TRADING CONDITION Details

---|---

Spreads | Limited info available

Leverage | Limited info available

Minimum Deposit | Limited info available

Technology | Limited info available

It is very important for traders to understand the broker's $3 fee structure. If you do not understand or have no way of understanding the complete cost of trading with a particular broker, you may encounter “surprise” fees at the time of trading (at least if you stay with that broker on that day). In addition, you will not know what your overall cost structure is. Therefore, it is strongly advised by both the broker as well as the prospective client to contact Binarium directly for clarification regarding Deposit Fees, Withdrawal Fees and Commissions incurred when trading with this broker.

Fee Type | Fee Type Details

---|---

Deposit Fees | Limited information available

Withdrawal Fees | Limited information available

Commissions | Limited information available

Feedback from Users and Market Reputation

User Feedback and the Market Reputation of a broker are important indicators of the type of reliability and trustworthiness associated with a broker and its services. Because of the limited amount of data that is publicly available at this time, the number of user opinions and the broker's position in the trader community are often difficult to locate.

In order to gain a thorough understanding of the broker and what it can provide based on your requirements, it is suggested to search for independent user reviews and testimonials of Binarium. If a demo account is available, it can help to approximate the level of service and performance you can expect before investing any real funds.

CONCLUSION

In conclusion, Binarium is a trading broker; however, at this time there is not enough available information to confidently determine if Binarium will have what you need or if they will be compliant with the regulatory requirements.

If you believe there are standard trading conditions and/or if you are serious about trading with Binarium, you may wish to confirm the following detailed information prior to commencing to use the broker. The value of understanding the importance of Transparency and Compliance with Regulatory Agencies is paramount to the safety and success of your trading activity.

Regulatory Licenses

Compliance & oversight

No regulation

Trading with an unregulated broker puts your deposit at risk.

No regulation

We have not confirmed any regulation for Binarium. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.

What this means for you

  • No compensation scheme covers your funds.
  • No regulator to escalate a complaint to.
  • No audit of how client money is held.
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Account Types

Trading account options

5 types
Basic
Standard
Leverage 1:1 • Commission Information not available
Leverage1:1
CommissionInformation not available
Standard
Standard
Leverage 1:1 • Commission Information not available
Leverage1:1
CommissionInformation not available
Business
Corporate
Leverage 1:1 • Commission Information not available
Leverage1:1
CommissionInformation not available
Premium
VIP
Leverage 1:1 • Commission Information not available
Leverage1:1
CommissionInformation not available
VIP
VIP
Leverage 1:1 • Commission Information not available
Leverage1:1
CommissionInformation not available
5
Total Types
3
Categories
ECN Available

Funding Methods

Deposit & withdrawal options

7 methods
Visa, Mastercard, MIR
Credit CardInstant
Deposit
Fee:Free
Min:USD 5
Max:USD 10,000
Withdrawal
Fee:Free
Min:USD 5
Max:USD 250
Withdrawal processing times may vary depending on the issuing bank. Available in regions where Visa, Mastercard, and MIR are accepted.
Qiwi
E-WalletInstant
Deposit
Fee:Free
Min:USD 5
Max:USD 10,000
Withdrawal
Fee:Free
Min:USD 5
Max:USD 250
Withdrawal processing times may vary depending on the e-wallet service. Primarily available in Russia and CIS countries.
Yandex.Money
E-WalletInstant
Deposit
Fee:Free
Min:USD 5
Max:USD 10,000
Withdrawal
Fee:Free
Min:USD 5
Max:USD 250
Withdrawal processing times may vary depending on the e-wallet service. Primarily available in Russia.
WebMoney
E-WalletInstant
Deposit
Fee:Free
Min:USD 5
Max:USD 10,000
Withdrawal
Fee:Free
Min:USD 5
Max:USD 250
Withdrawal processing times may vary depending on the e-wallet service. Available internationally.
7
Free Deposit
7
Instant
1
Crypto

Global Domains

Worldwide web presence

2 sites
🌐
https://binarium.com/ru
Unknown
Active
SSL
🌐
https://binarium.com/uk
Unknown
Active
SSL
2
Active
1
Countries
100%
SSL

Social Presence

Digital community engagement

3 platform

Comments

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