Introduction
Binarium is a binary options broker that is owned by Binarium Ltd, a company that is based in Saint Vincent and the Grenadines. The company was founded in 2014 and their website is available in English and Russian. The minimum deposit for new accounts is $250, and the minimum trade size is $1.
What is Binarium?
Binarium is an online broker that offers trading in a variety of financial instruments including forex, CFDs, and binary options. The company is headquartered in Bulgaria and is regulated by the Financial Supervision Commission (FSC). Binarium offers a wide range of account types and features, making it a good choice for both beginner and experienced traders.
Pros and Cons
We may not be the only ones happy about Binarium’s recent rebranding. The new look and feel of the site are much more professional than before, and we think this will help attract new customers. However, there are still some areas where the company could improve.
The Pros:
-Rebranding looks great and is more professional
-Good customer service
-Fast withdrawals
-Many payment options available
The Cons:
-Not many assets available to trade
-No demo account
Traders Rating
Binarium is an online broker that offers trading in binary options and Contracts for Difference (CFDs). The company is headquartered in Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC). Binarium offers trading on a variety of assets, including stocks, indices, commodities, and currencies.
The broker has a web-based platform as well as mobile trading apps for Android and iOS devices. Binarium also offers 24/7 customer support via live chat, email, and phone.
Accounts with Binarium can be opened in EUR or USD. The minimum deposit for a standard account is $250, and the minimum deposit for a VIP account is $1,000. VIP accounts offer better terms such as higher payouts and access to a personal account manager.
Binarium offers several different types of binary options contracts:
• High/Low – The classic type of binary option where you predict whether the asset price will rise or fall over the contract period.
• 60 Seconds – These are short-term contracts with expiries of just 60 seconds. These are high-risk contracts with payouts of up to 85%.
• Long Term – These are long-term contracts with expiries of up to one year. These contracts have lower payouts but are less risky than 60 Second contracts.
• Ladder – These are ladder options with multiple rungs or strike prices. You predict whether the asset price will touch any of
Binarium Review Conclusion
Binarium is a reliable and trustworthy binary options broker. They offer a wide range of assets and have a good selection of expiry times. Their trading platform is user-friendly and they offer a variety of account types to suit different traders. Overall, we found them to be a good choice for binary options trading.