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Binarium review ; This is a binary option trading broker that is basically operating from Russia. They claim to be licensed in both Cyprus and St. Vincent and the Grenadines. Unfortunately these are among the main reasons we discredit the broker. But we will talk about it later.
At the moment, we can say that the trading conditions offered by this broker are amazing. In addition, the website is easy to use as it doesn’t contain unnecessary information. Or even annoying advertisements.
To get across to them, potential clients will have to chat them up or call them using +357(22)052784.
They can also send a mail to [email protected]
Before we continue this binarium review , we want to tell you clearly that we don’t recommend it for you. So if you want to invest then binbotpro is for you.
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One of the major reasons we don’t recommend this broker is that it sounds too good to be true.
First, they offer a minimum deposit of $5 which is almost the least in the industry. In addition, you can place a trade with as little as $1. These are amazing offers. Meanwhile, this broker promise 100% first deposit bonus. And they have 12 trading indicators.
Also potential clients will register within 15 seconds to enjoy the benefits. Moreover, one can practice for free by opening a demo account which will offer $10000 of virtual currency.
Also, they offer different methods of deposit and withdrawal. Moreover, they promise to take care of the charges involved in the transaction.
In the next paragraph of this binarium review, we shall be opening your eyes to the reasons we don’t recommend it.
What you must know investing in binarium.com.
Binarium is an offshore broker claiming to be licensed in St. Vincent and the Grenadines. Meanwhile, it’s more of a Russian based broker. Moreover, some of the write up are made in Russian language.
Also, as we are aware, binary option brokers are not regulated by the in SVG.
Also there is no evidence that this broker has license in Cyprus. Therefore we suggest you avoid them. But you can invest your money in binbotpro, or iqoption as both are licensed and regulated.
We also found out that this broker has a very poor customer service. This is very important in online investment traders will have need at one point or another to reach out to them. And not getting immediate response can increase the risk of loosing your investment.
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One other vital disadvantage noted in this binarium review is that it uses web based trading plartform and not mt4. This is obviously a big challenge as most traders are conversant with Mt4 plartform.
You can read about this broker that uses Mt4 plartform.
Finally, we wish to remind you that there are no specific charges for using the platform. Therefore, we believe that just as other scammers behave, binarium can decide to charge you any amount of their choice. So these are the facts you need to figure out so can be sure what you are going into.
Binarium review Conclusion
Binarium is obviously a non reliable binary option broker. We encourage you to be carefull to avoid frustration by poor customer service and untrusted web based plartform.
Thanks for trading and don’t forget to share your experience on the comment section.