Founded in 2016, BinaryMate.com is an online binary options trader based in the UK. Because they have chosen to be regulated by the UK, BinaryMate follows some of the strictest financial regulations in the world, making their services available to investors worldwide. Investors have several options as far as which currency they can choose for their account, and customer support is more than prompt, polite, and on top of their game.
Because the platform has been designed in-house, BinaryMate is one of the best in the industry in terms of speed, performance, and reliability. Users can benefit from a couple of features which other sites simply don’t offer yet – live video chats with customer support staff are available 24/7, and users are guaranteed payouts within an hour. It’s undoubtable that these are both brilliant additions, but that thought apparently hasn’t really occurred to any other sites in the industry.
BinaryMate Review
BinaryMate
Details
Broker | BinaryMate |
---|---|
Website URL | www.binarymate.com |
Founded | 2016 |
Headquarters | Seychelles |
Support Types | Live Chat, Support Email, Call back |
Languages | English, Russian, French, Spanish |
Trading Platform | In-house development |
Minimum 1st Deposit | $250 |
Minimum Trade Amount | $1 |
Maximum Trade Amount | $10,000 |
Bonus | 100% + $250 Welcome Bonus |
Payout | 90% |
Free Demo Account | |
Regulated | |
Regulation | Regulated in the UK |
Account Types | Micro, Bronze, Silver, Gold |
Deposit Methods | Visa, Mastercard, Bank Wire, Paypal, WebMoney, Neteller |
Withdrawal Methods | Visa, Mastercard, Bank Wire, Paypal, WebMoney, Neteller |
Expiry Times | 30 sec till 1 year |
Types of Assets | Currencies, Stocks, Indices, Commodities |
Option Types | High / Low, One Touch, 60seconds, Long Term, Pair Options, Ladder Options, ProFollow |
Account Currency | USD, EUR, GBP, RUB |
US Traders Allowed | |
Overall Score | 4.9 |
Pros
- Accepts traders from all over the world, including the US
- Withdrawals within an hour
- Live video chat feature
- Weekend trading
Cons
- No mobile
BinaryMate.com
History
BinaryMate was founded in 2016, so it’s a fairly new company at this point in time. That being said, for such a young site BinaryMate is on top of its game with several important additions that other sites simply don’t offer yet, and with so few drawbacks it could quite possibly become one of the leaders in the industry within a few years.
BinaryMate was founded in 2016, so it’s a fairly new company at this point in time. That being said, for such a young site BinaryMate is on top of its game with several important additions that other sites simply don’t offer yet, and with so few drawbacks it could quite possibly become one of the leaders in the industry within a few years.
Geographical spread
BinaryMate is registered in the United Kingdom and adheres to that country’s strict financial regulations. As such, the site can offer their services to traders throughout the world, and even US-based traders can access their software and sign up for an account. BinaryMate supports four currencies so far: USD, GBP, EUR, and RUB, so while there are users from all over the world, it appears that most of BinaryMate’s primary users have come from the US, Britain, Europe, and Russia.
BinaryMate is registered in the United Kingdom and adheres to that country’s strict financial regulations. As such, the site can offer their services to traders throughout the world, and even US-based traders can access their software and sign up for an account. BinaryMate supports four currencies so far: USD, GBP, EUR, and RUB, so while there are users from all over the world, it appears that most of BinaryMate’s primary users have come from the US, Britain, Europe, and Russia.
Services
BinaryMate offers users the usual services typical of binary options investment platforms – namely a selection of binary options. In addition to this, there’s the top notch customer support, which is available 24/7 and is both knowledgeable and prompt. In addition to this, there’s another thing that makes them stand a class apart from their competitors – BinaryMate offers all of its traders is free educational resources with their account. You can study a vast array of fundamental analysis information or seek help from a market expert, all for free. Technical analysis, the latest news from the markets, trade patterns, and a section to provide users with trade ideas are all notable features of the site.
BinaryMate offers users the usual services typical of binary options investment platforms – namely a selection of binary options. In addition to this, there’s the top notch customer support, which is available 24/7 and is both knowledgeable and prompt. In addition to this, there’s another thing that makes them stand a class apart from their competitors – BinaryMate offers all of its traders is free educational resources with their account. You can study a vast array of fundamental analysis information or seek help from a market expert, all for free. Technical analysis, the latest news from the markets, trade patterns, and a section to provide users with trade ideas are all notable features of the site.
What can you trade?
BinaryMate allows you to trade in all of the typical options found on many trading sites – you get a wide variety of stocks and some popular currencies, in addition to the opportunity to deal in commodities and indices. The shortest options are available as well as longer ones, with some options expiring in as little as thirty seconds alongside options with an expiry of one year.
Trading in binary options often seems risky because it’s unpredictable, and many binary option trading platforms end up costing investors their capital by not allowing them to close early. On BinaryMate.com, users have the option to close many trades early in order to not lose their investmetn in its entirety. In an industry fraught with accusations of unfairness and being rigged in the broker’s favour, it’s comforting to know that BinaryMate offers a 90% return rate on investments – the best in the industry. And users can dabble in options for as little as they please, as well as for a little more: trading options start from $1 and go up to $10,000.
BinaryMate allows you to trade in all of the typical options found on many trading sites – you get a wide variety of stocks and some popular currencies, in addition to the opportunity to deal in commodities and indices. The shortest options are available as well as longer ones, with some options expiring in as little as thirty seconds alongside options with an expiry of one year.
Trading in binary options often seems risky because it’s unpredictable, and many binary option trading platforms end up costing investors their capital by not allowing them to close early. On BinaryMate.com, users have the option to close many trades early in order to not lose their investmetn in its entirety. In an industry fraught with accusations of unfairness and being rigged in the broker’s favour, it’s comforting to know that BinaryMate offers a 90% return rate on investments – the best in the industry. And users can dabble in options for as little as they please, as well as for a little more: trading options start from $1 and go up to $10,000.
Trading Software
BinaryMate’s trading software was developed in house, and is also easy to use. There’s the unique video chat feature, but that’s not the only thing about the trading software here that makes it stand out from the crowd. Not every site dealing in binary options bothers to develop a unique platform of their own, but the reason that BinaryMate’s team chose this route is because they wanted to ensure that the performance was great, it was reliable, and that the quality was top notch. This approach seems to be successful so far – BinaryMate isn’t even a year old yet and has already built a good customer following while still gaining popularity.
BinaryMate’s trading software was developed in house, and is also easy to use. There’s the unique video chat feature, but that’s not the only thing about the trading software here that makes it stand out from the crowd. Not every site dealing in binary options bothers to develop a unique platform of their own, but the reason that BinaryMate’s team chose this route is because they wanted to ensure that the performance was great, it was reliable, and that the quality was top notch. This approach seems to be successful so far – BinaryMate isn’t even a year old yet and has already built a good customer following while still gaining popularity.
BinaryMate’s trading software
Unfortunately, BinaryMate does not yet have any option for trading from your mobile device, which is something that could inconvenience some users. That being said, a lack of a mobile platform is a small price to pay for the other advantages that BinaryMate offers its users such as live video chat and the ability to withdraw your dividends within an hour of requesting.
Unfortunately, BinaryMate does not yet have any option for trading from your mobile device, which is something that could inconvenience some users. That being said, a lack of a mobile platform is a small price to pay for the other advantages that BinaryMate offers its users such as live video chat and the ability to withdraw your dividends within an hour of requesting.
Bonus offers
When you sign up on BinaryMate.com, you have three different options for accounts – Bronze, Silver, and Gold. A Bronze account will give you a twenty percent welcome bonus with a minimum deposit of $250. A Silver account will give you both a fifty percent welcome bonus and three risk free-trades (where your money is returned if you don’t earn anything on it); Silver accounts require at least a $1,000 deposit. A Gold account will match your deposit of $3,000 or more, and you also get the option to choose either risk-free trades or an additional $250 bonus. With a Bronze account, you’ll get access to all of the educational materials and video support that the site offers, this is also true of Silver accounts. A Gold account will also give the benefit of your own dedicated manager in addition to the other bonuses.
When you sign up on BinaryMate.com, you have three different options for accounts – Bronze, Silver, and Gold. A Bronze account will give you a twenty percent welcome bonus with a minimum deposit of $250. A Silver account will give you both a fifty percent welcome bonus and three risk free-trades (where your money is returned if you don’t earn anything on it); Silver accounts require at least a $1,000 deposit. A Gold account will match your deposit of $3,000 or more, and you also get the option to choose either risk-free trades or an additional $250 bonus. With a Bronze account, you’ll get access to all of the educational materials and video support that the site offers, this is also true of Silver accounts. A Gold account will also give the benefit of your own dedicated manager in addition to the other bonuses.
Customer support
With BinaryMate’s live video chat, it’s never been easier to talk to live customer support whenever you need to. This is an exciting new feature in the binary trading industry, and users can even choose between either a public live chat or a private one, depending on preference and requirement. Support staff are available all day, every day for any users in need of advice and they’re eager to help you resolve any doubts. They’re knowledgeable about both the website and binary trading options, so users shouldn’t feel stuck if they’re either unsure about options or just about how to navigate through the website. Both BinaryMate.com and their support services are offered in English, Spanish, French, and Russian, so this should help reassure users in case their first language isn’t English.
There’s a FAQ page on the website, which you ought to check before contacting support for the first time, just in case your question may have already been answered. In addition to the FAQ page and live video chat, users also have the option of contacting customer support via email if they so prefer – BinaryMate’s support staff are pretty prompt at responding to any queries sent to [email protected].Deposit and Withdrawals
Because BinaryMate.com welcome traders from all over the world, funds can be deposited in a variety of currencies via any of the major card services – MasterCard, Visa, and American Express. If you would prefer other options, you can also deposit using a wire transfer or a digital service such as Neteller. Supported currencies include EUR, GBP, USD, and RUB, but users in other countries will have no problem in using the site for all of their binary options trading needs.
BinaryMate allows users to withdraw their funds in one hour, which is practically unheard of in an industry where users may have to wait for days just for a withdrawal to be approved. This is where BinaryMate really stands out in addition to their live video chat – you will get your funds disbursed within an hour of your request, period.
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With BinaryMate’s live video chat, it’s never been easier to talk to live customer support whenever you need to. This is an exciting new feature in the binary trading industry, and users can even choose between either a public live chat or a private one, depending on preference and requirement. Support staff are available all day, every day for any users in need of advice and they’re eager to help you resolve any doubts. They’re knowledgeable about both the website and binary trading options, so users shouldn’t feel stuck if they’re either unsure about options or just about how to navigate through the website. Both BinaryMate.com and their support services are offered in English, Spanish, French, and Russian, so this should help reassure users in case their first language isn’t English.
There’s a FAQ page on the website, which you ought to check before contacting support for the first time, just in case your question may have already been answered. In addition to the FAQ page and live video chat, users also have the option of contacting customer support via email if they so prefer – BinaryMate’s support staff are pretty prompt at responding to any queries sent to [email protected].Deposit and Withdrawals
Because BinaryMate.com welcome traders from all over the world, funds can be deposited in a variety of currencies via any of the major card services – MasterCard, Visa, and American Express. If you would prefer other options, you can also deposit using a wire transfer or a digital service such as Neteller. Supported currencies include EUR, GBP, USD, and RUB, but users in other countries will have no problem in using the site for all of their binary options trading needs.
BinaryMate allows users to withdraw their funds in one hour, which is practically unheard of in an industry where users may have to wait for days just for a withdrawal to be approved. This is where BinaryMate really stands out in addition to their live video chat – you will get your funds disbursed within an hour of your request, period.