Binarymate Review for 2019

Binarymate Rated 3/5
Binarymate have a low rating. We recommend you look at one of their alternative brokers.
Plus500 matches your criteria. Visit Plus500 now here.

Binarymate Introduction

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of Binarymate we break down the pros and cons. What Binarymate are able to offer, what countries Binarymate are available in. Who Binarymate are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Benefits of trading with Binarymate

  • Regulated by: cysec
  • Headquarters Country : Malaysia
  • Foundation year 2013
  • Min Deposit Fee : 1000
  • Used by over 10,000 traders
  • Binarymate is not available in the following countries :
Open Binarymate's Website

Your capital is at risk

At the bottom of this review you can also learn about some pretty good alternatives to Binarymate

With this review we hope to help you see if Binarymate is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding Binarymate that will help you get off to a good start in the world of online trading.

Binarymate Review Table of Contents

Binarymate what you should know

Binarymate offer two ways to trade: Binary Options, .

With Binarymate you will need a minimum deposit of $1000. You can sign up for a demo account to acquaint yourself with Binarymate platform.

Binarymate are able to accommodate various levels of traders whether you are experienced or a beginner.


Are Binarymate safe?

When choosing a broker like Binarymate the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2013, and in operation for 6 years Binarymate have a head office in Malaysia.

Binarymate is regulated. This means Binarymate are supervised by and is checked for conduct by the cysec regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Binarymate, this will be honored. If Binarymate violate any regulatory rules their regulated status could be stripped.

Any payments funded to Binarymate accounts by traders are held in a segregated bank account.

For added security Binarymate use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Try creating two accounts when you are working with Binarymate. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit Binarymate

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

What we like about Binarymate

  • Used by over 10,000 traders
  • Established in 2013
  • Regulated by cysec
  • Min. deposit from $1000

What we don't like about Binarymate

Binarymate General Fees

  • Binarymate withdrawal fees varies on payment method
  • Binarymate does charge inactivity fees

Binarymate Commissions

  • Binarymate does charge commission on CFD shares.

What can you trade with Binarymate?

You can trade a wide variety of instruments with Binarymate over 54 instruments infact.

If you are looking at trading currency pairs Binarymate offer over currency pairs.

Compare Binarymate with eToro and XTB below.

Your capital is at risk

FX / Currencies binarymate eToro XTB
Forex pairs offered 50 50
Major forex pairs Yes Yes Yes
Minor forex pairs No Yes Yes
Exotic forex pairs Yes Yes Yes
Cryptocurrencies Yes Yes Yes
Commodity CFDs Binarymate eToro XTB
Commodities offered 0 21
Metals Yes Yes Yes
Energies Yes Yes Yes
Agricultural Yes Yes Yes
Indiced & Stock CFDs Binarymate eToro XTB
Stocks offered 957 1696
UK Shares Yes Yes Yes
US Shares No Yes Yes
German Shares No Yes Yes
Japanese Shares No Yes Yes
binarymate
Instruments
eToro
Instruments
XTB
Instruments

Trading on Binarymate web platforms and other applications

Binarymate offer a user-friendly custom trading platform, available as both a downloadable program or as a browser based WebTrader. If you are looking for a MetaTrader broker, see our comparison of MT4 brokers here.

An Binarymate IOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device

Binarymate also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you’re on the move.

See binarymate's platforms

Binarymate Trading benefits :

Binarymate Trading Accounts Offered :

  • Demo account
  • Islamic account

Can I try Binarymate before I buy?

Binarymate offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

What funding methods do Binarymate accept?

Binarymate offer the below funding payment methods. learn more about Binarymate

  • Credit cards
  • Neteller

How can I start trading with Binarymate?

When opening a trading account with Binarymate, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Binarymate trading platforms here.

Performing trades with Binarymate

Binarymate allow you to execute a minimum of trade of $1. This may vary depending on the account you open. Binarymate allow you to execute a maxium trade of varies.

As a market maker, Binarymate may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments.

Education resources at Binarymate

To trade effectively with Binarymate, it's important to get a have a good understanding of the XTB trading tools and the markets.

Binarymate offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with Binarymate.

Take time to look around the Binarymate platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Support at Binarymate

Binarymate support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

What you will need to open an account with Binarymate

As Binarymate is regulated by cysec , every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore Binarymate's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Binarymate you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.binarymate.com on 12th August 2018.

Binarymate not quite right?

Check out these Binarymate Alternatives

We have spent years researching the best alternatives to Binarymate. Click the links below to learn more.

If you feel some of the above Binarymate are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of Binarymate alternatives below.

Related Binarymate Comparisons

If you would like to see how Binarymate stands up against other brokers you can read some of our Binarymate comparisons below. We compare side by side some of our top rated Binarymate versus comparisons. Read some indepth Binarymate VS pages below.

BINARYMATE Frequently Asked Questions

Can I try Binarymate before I buy?

Binarymate offer a demo account so you can try before you put down and payment. Learn more here

What funding methods do Binarymate accept?

Binarymate offer the following funding payment methods accept Credit cards, Neteller, among other payment methods.
Learn more here

Your capital is at risk

How can I start trading with Binarymate?

When opening a trading account with Binarymate, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Binarymate trading platforms here.

Is my money safe with Binarymate?

Binarymate is regulated by cysec . One of the most important criteria for traders when choosing a broker like Binarymate is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Binarymate, this will be honored. If they violate any regulatory rules their regulated status can be stripped.