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Binarymate

Binarymate

Binarymate

Quick Review

Name Binarymate
Founded 2016
Legal Entity ISPrime, Inc., US
Turnover 95%
Minimum deposit $250
Bonus Up to 100%
Full Address Netherlands, Noord-holland, Amsterdam
Phone No
Regulation No
Site visit site
E-mail send mail
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Binarymate - Chat while trading!
Binarymate is the first binary options broker with live video-chat.

Binarymate, established in 2016, is one of the newest brokers in the binary options industry. Already, the broker is causing a stir in the industry and positive feedback from traders around the world is flowing in, even from US traders.

It seems as if Binarymate is committed to meeting the needs of traders, but we still decided to carry out an investigation and assess if it delivers according to promise.

Customer Service

Customer service at Binarymate is simply top-notch. The broker has a multilingual customer service team available 24/7 to address the various issues raised via live chat, email, or phone.

Binarymate Customer Service

Exceptionally, Binarymate has an advanced support assistance that provides traders with a “mate” to handle issues via live video chat.

You can choose to have a public live chat or a private live chat, based on your preferences and the secrecy of your engagements. The experienced video assistants can take you through the website and how binary options work, if needed.

This live streaming feature clearly sets Binarymate apart in the industry.

Deposits and Withdrawals

Binarymate offers several secure and reliable payment options, including the major credit cards, wire transfer, Webmoney, Bitcoin, Neteller, and PayPal. The broker allows payments in U.S. dollars and Euro.

Your deposit will be added to the Binarymate account immediately. Astonishingly, the broker processes customer’s withdrawal requests within one hour.

Worth mentioning, the broker utilizes SSL certified 256-bit secure processing technology to guarantee the safety of clients’ funds.  Therefore, you can make deposits with a peace of mind.

The minimum deposit you can make is $250. And, depending on the amount deposited, you can get more than 100% bonus.

Trading Accounts

Opening a new account at Binarymate is fast and uncomplicated. The process is straightforward and doesn’t take more than 3 minutes.

To cater for the various needs of traders, Binarymate offers different account types. Every one of them comes with a demo account, one-hour withdrawal, live video chat, and other excellent benefits.

The type of account you will be allocated depends on the amount of first deposit.

Account Types

Here are the types of accounts:

  • Bronze Account: With a $250 minimum deposit, you will get this type of account. It also comes with more than 20% deposit bonus.
  • Silver Account: You need to make a minimum deposit of $1,000 to get this account, which also comes with a bonus of more than 50%.
  • Gold Account: This requires a minimum deposit of $3,000, and comes with a bonus of more than 100%.

Trading Platform

Binarymate has a simple and intuitive platform that aims to provide traders with the best conditions for having a rewarding experience from binary options trading. Notably, the platform is open for trading even during weekends.

Binarymate Trading Platform

The broker has integrated its innovative video chat on the platform. You can trade with the web-based platform or the mobile platform available for Android and iOS.

The Binarymate platform has a wide variety of more than 100 assets, which consists of currencies, stocks, indices, and commodities. As such, you cannot miss to find an asset that resonates well with your preferences.

Depending on your trading style, you can trade the regular binary options, 60-seconds options, or One-touch options. Binarymate offers payouts of as high as 95%, which is among the highest in the industry.

Education

Realizing consistent success in binary options trading requires a comprehensive education. As such, Binarymate provides a wide collection of training resources to help customers curve a successfully career in binary options trading. Binarymate has comprehensive free market analysis, expert commentaries, and trade pattern ideas.

Furthermore, after opening an account, Binarymate will assign you a dedicated account manager to ensure you trade profitably.

Credibility

When it comes to regulation, Binarymate does not seem to have received licensing from any financial authority. Nonetheless, the broker has shown transparency in displaying the facts about its dealings.  In fact, its homepage proudly displays the number of accounts in its system, monthly trading volume, and other important statistics.

More so, during our review, we searched various websites and forums and did not find any significant negative feedback about the broker. Therefore, we can confidently confirm that Binarymate is not a scam broker.

Pros and Cons of Binarymate

Pros

  • S. traders allowed
  • Excellent customer service with live video chat available
  • Different accounts in different currencies
  • User-friendly platform
  • Extensive education materials
  • High payouts
  • Demo trading available
  • High deposit bonus amount
  • Extensive variety of financial assets
  • Secure payment and trading environment
  • Weekend trading possible
  • Fast withdrawal process of under one hour

Cons

  • Relatively new in the industry
  • Relatively high minimum deposit requirement
  • Lacks regulation from a notable financial authority

Binarymate shines because of its live video chat feature, user-friendly trading platform, and commitment to the needs of traders.

Because it is relatively new in the industry, maybe we need more time to evaluate if it will still be on track and deliver what it promises. Nonetheless, it is worth trying out, especially if you are in the U.S.

Get $250 for trial

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