According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $5
- Binarium
- Reward up to 90%
Our Evaluation of Binarium
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Binarium is one of the top brokers in the financial market with the TU Overall Score of 9.3 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Binarium clients on our website, Traders Union expert Anton Kharitonov believes he can recommend this company as the majority of reviews prove that the broker’s clients are fully satisfied with the company.
Binarium is a binary options broker for novice traders with a simplest and intuitive platform and attractive rewards.
Brief Look at Binarium
Binarium is a favored choice among novice traders seeking to explore binary options thanks to its user-friendly and intuitive trading platform. The broker provides access to trading currencies and cryptocurrencies, though it features a smaller selection compared to some competitors. Traders can choose from a variety of account types, each tailored to different levels of experience and investment capacities.
Binarium's High/Low options are limited to two varieties - Turbo options, which expire between 1 and 5 minutes in 1-minute increments, and longer-term options starting at 5 minutes but increasing the expiration time in 15-minute steps.
The company also offers a trading signals service, allowing beginners to learn strategies from more experienced traders.
- Intuitive platform;
- Copy trading service;
- No hidden fees.
- Small selection of trading instruments;
- Small choice of indicators of technical analysis (less than 15);
- Small choice of option types. Options Touch, Range, Ladder are not available;
- Comparatively small reward. Despite the declared “up to 90%” return, the actual yield is 70-80%;
- There are some questions about accuracy of quotes;
- No regulation, offshore registration;
- Inconvenient website from the usability standpoint.
TU Expert Advice
Author, Financial Expert at Traders Union
Binarium provides a trading platform focused on binary options, offering currencies, cryptocurrencies, indices, and commodities. The platform supports various account types with a minimum deposit of $5. It features Turbo and classic High/Low option types and offers copy trading and trading signals, aimed particularly at novice traders. The platform is user-friendly and has no hidden fees, making it accessible for beginners.
However, Binarium has a limited selection of technical analysis tools and is not regulated, raising concerns about safety and trader protection. The lack of a diverse range of option types may not appeal to all traders, particularly those looking for advanced trading strategies supported by Options Touch or Range tools. Overall, while suited for beginners seeking simplicity and transparency, experienced traders or those seeking regulation may find Binarium less fitting for their needs.
- You prefer an intuitive platform, as this broker offers a user-friendly interface, making it easy for traders to navigate and execute trades efficiently.
- You are interested in copy trading service, as this broker provides a copy trading feature, allowing users to replicate the trades of experienced traders and potentially benefit from their expertise.
- You want transparency in fees, as this broker has no hidden fees, ensuring that traders can accurately assess their trading costs.
- You require a wide range of technical analysis indicators, as this broker offers a limited choice of technical analysis indicators, with less than 15 available.
- You prefer a variety of option types, as this broker has a small choice of option types and does not offer Options Touch, Range, or Ladder options. If you rely on these specific option types for your trading strategy, you may need to consider alternative brokers that provide them.
Binarium Summary
Your capital is at risk. CFDs are considered complex derivatives and may not be suitable for retail clients. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The products mentioned here may be affected by changes in currency exchange rates. If you invest in these products, you may lose some or all of your investment, and the value of your investment may fluctuate. You should never invest money that you cannot afford to lose and never trade with borrowed money.
| 💻 Trading platform: | Binarium |
|---|---|
| 📊 Account types: | Start, Standard, Business, Premium, VIP |
| 💰 Account currency: | EUR, USD |
| 💵 Deposit / Withdrawal: | WebMoney, Neteller, Visa, Mastercard, Bitcoin, Ethereum. Ripple, Litecoin |
| 🚀 Minimum deposit: | EUR 5 / USD 5 |
| 📈️ Min Order: | EUR 1 / USD 1 |
| 🔧 Instruments: | Currencies, cryptocurrencies, indices, commodities |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | No |
| ⭐ Trading features: | Reward up to 90% |
| 🎁 Contests and bonuses: | Yes |
Binarium trading conditions are standard for the binary options market. The platform’s functionality provides for minimization of risks, and does not offer trade multipliers. The minimum deposit is rather small.
Binarium Key Parameters Evaluation
Share your experience
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Mihaela 
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RO Bucharest I really recommend .
None!
Salman
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PK Islamabad Easy and Efficient support team
No weaknesses till now
Liudmyla
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UA Cherkasy trading interface, easy-to-navigate sections, copy signal feature, education resources, and demo account
Nothing
hemstonecm
KE Nairobi Good
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Константин Шмидт 
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GB London For novice Binarium traders, this is the best opportunity to earn passive income
no
Tee Pearl
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NG Lagos Binarium offers a simple terminal interface, making it easy for beginners to navigate and execute trades seamlessly
Binarium could improve by offering more comprehensive educational resources and tutorials for novice traders to better understand the platform and trading strategies.
kinglegend
MX Ciudad Nezahualcoyotl they are scam
beware
Trading Account Opening
Before you start discovering features and trading conditions of Binarium, register on the Traders Union website. The registration is free and takes up to 10 minutes. Then click on the partnership link to access the broker’s website and take the following steps:
Register: click Sign Up on the homepage, enter your email and other details.
Access your user account. You will receive a link for confirming your registration to your email, but you can activate it later.
The following features are available in the Binarium user account:
Other features of user account:
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FAQ – answer to the frequently asked questions about trading, platform, finance, etc.
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Trading Room – a tab for copying trades (rating of traders).
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Information on completed transactions, accrued and used bonuses.
Regulation and safety
The company is registered in an offshore jurisdiction and does not hold a license of regulatory authorities. This means that traders undertake the risks related to possible financial issues. On the other hand, Binarium cares for its reputation and tries to settle any issues in a timely manner.
Advantages
- Secure data transfer protocol
Disadvantages
- No regulation, traders’ interests are not protected
Commissions and fees
| Account type | Spread (minimum value) | Withdrawal commission |
|---|---|---|
| Start | From $0 | Yes, under certain conditions |
| Standard | From $0 | Yes, under certain conditions |
| Business | From $0 | Yes, under certain conditions |
| Premium | From $0 | Yes, under certain conditions |
| VIP | From $0 | Yes, under certain conditions |
TU analysts also compared the fees charged by Binarium and top binary options brokers, including VideForex и IQcent.
| Broker | Average commission | Level |
|---|---|---|
|
$0 | |
|
$5 | |
|
$7 |
Account types
Binarium broker offers two types of option trades: Turbo and classic options. Their difference is only in the expiration time and step. During registration, one main account is opened, providing access to the platform. On the platform, you can choose any type of option, and open several charts with different types of options. If you want to learn how to make money on Binarium, read the Traders Union article.
Account types:
A demo account is available.
Deposit and withdrawal
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Binarium processed withdrawals based on a trader’s withdrawal request sent via email.
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Minimum withdrawal amount is EUR 5 / USD 5, maximum withdrawal amount (per one time) is EUR 250 / USD 250.
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Several payment options are available for deposits and withdrawals: WebMoney, Neteller, Visa, Mastercard, Bitcoin, Ethereum. Ripple, Litecoin.
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Withdrawal processing time is 1 hour; a request sent from an unverified account could take up to 3 days.
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Deposit/withdrawal currencies: EUR, USD.
Investment Options
Binarium does its best to create comfortable trading conditions for novice traders, offering not only access to active trading, but also passive investing in trades of successful professional traders (copy trading).
Copy trading – auxiliary service of Binarium
Binarium copy trading service provides an opportunity to earn passive income with the best traders of the platform. In order to service, you need to log into your user account, access the Trading Room section and make a deposit of at least RUB 30,000 (or an equivalent amount). This will open access to the rating of professional traders and their trading statistics.
A trader independently sets the parameters of an option before copying, guided by the actions taken by a more experienced market participant;
A trader can copy trades at any time guided by a decision made by another trader and setting the expiration that matches his/her options;
A trader does not pay a fee for the copied signals.
The service does not provide for automatic copying similar to social trading in the Forex market.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
Binarium Partnership program
Binarium decided against developing and introducing a functionality for managing partnership programs. The broker focuses on the quality of the services it provides and its own marketing, which bring new clients.
Customer support
The broker’s customer support is ready to help you resolve your issues. The operating hours of different support departments differ.
Advantages
- Support is available
Disadvantages
- Little information about the support and communication channels
There are several ways to contact customer support:
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by email;
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via a chat on the broker’s website;
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by using the feedback form.
Support is available from the broker’s website and in the user account.
Contacts
| Foundation date | 2012 |
|---|---|
| Registration address | Binarium Limited HE321566 Office 02, 9 Kappadokias, Dasoupoli, 2028, Nicosia, Cyprus |
| Official site | https://binarium.com/ |
| Contacts |
+357(22)052784, +44(203)6957705
|
Education
There is a separate free section on the broker’s website that features basic information on binary options, trading strategies, frequently asked questions on trading and options. There is also a possibility of individual education.
Demo account is available.
Comparison of Binarium with other Brokers
| Binarium | Pocket Option | Binary.com | QUOTEX | Capitalcore | ExpertOption | |
| Trading platform |
Binarium | MT5, Web, Mobile | Deriv Trader, MT5 | Web platform, Browser platform | Binary platform for web and mobile | Browser platform |
| Min deposit | $5 | $5 | $5 | $10 | $10 | $10 |
| Trading instruments |
indexes, Currencies, Cryptocurrencies | currency | indexes, Forex, goods, stock, random index | currency pairs / CFD, indices, Cryptocurrencies, Commodities | stock, Forex, Binary options, Stocks | Stocks, indices, metals, Commodities, ETFs |
| Signals | No | No | No | Yes | No | No |
| Analytical support |
No | No | Yes | No | No | Yes |
| Training | No | No | Yes | No | No | Yes |
| Additional tools |
No | Copy Trading tool | premature closing | No | No | No |
Detailed Review of Binarium
Binarium is a classic binary options broker for novice traders. The company offers a proprietary platform with a possibility to earn up to 90% of the trade amount. The task of a trader is to make a forecast of what the price will be by the end of the expiration (a fixed period of time) as compared to the time when the trade is opened. If the forecast (higher or lower) is true, the trader receives up to 90% of the profit. The amount depends on the type of asset and market volatility, and is indicated in advance in the asset specification. If the forecast is wrong, the trader loses 100% of the money.
Binarium — optimal binary options broker for novice traders
Binarium platform functionality allows users to set option expiry times (from 1 minute to 3 months), strike price, and direction higher/lower. Early exit of options, multiplier (an analog of leverage), complex options are not available. You can place 4 charts with different assets and option types on the screen simultaneously, and also choose the chart type (line, zone, candle) with time frames from 5 seconds to 12 hours.
Technical instruments of the platform feature chart and indicator analysis. These include Fibonacci levels, stochastic, moving averages, RSI, ATR, Alligator, and Bollinger bands. There is also one-click trading.
Useful services of Binarium:
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Trading Room is a menu in the user profile that opens access to the rating of traders. Copy trading is done manually without connecting to the trader’s account, but also at zero fee;
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Deposit insurance / trade insurance. It is a service of the company that provides for full or partial compensation for losses. Only first trades with the volume of up to 33% of the deposit can be insured;
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risk-free trade. This broker’s service is available if a user registers by using a promo code. It allows you to conclude a fixed number of trades without the risk of a loss (the loss is covered by the broker).
Advantages:
simple and easy-to-use platform;
transparent trading conditions;
access to the rating of the best traders of the platform;
relatively low minimum deposit.
Algorithmic trading is not available.
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