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Top 100+
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Binarium Review 2024
Minimum
deposit:
deposit:
- $5
Trading platform:
- Binarium
Minimum
deposit:
deposit:
- $5
Trading platform:
- Binarium
Trading features:
- Reward up to 90%
Summary of Binarium Trading Company
Binarium is a reliable broker with the TU Overall Score of 7.76 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 showed that the broker’s clients are mostly satisfied with the company. Binarium ranks 4 among 21 companies featured in the TU Ranking, which is based on the evaluation of 100+ criteria and a test on how to open an account.
Binarium is a binary options broker for novice traders with a simplest and intuitive platform and attractive rewards.
Binarium is a broker providing access to trading binary options. The company was established in 2012. The broker is positioned as a reliable company oriented primarily at the CIS market, which is testified by a fully Russian-language website and the focus of customer support on Russian-speaking traders. Client funds are safely held in segregated accounts, which means that the money of traders is held in European banks, separately from the broker accounts. Binarium is a perfect option for novice traders, who want to start their professional career with binary options that are simpler compared to Forex.
| 💰 Account currency: | EUR, USD |
|---|---|
| 🚀 Minimum deposit: | EUR 5 / USD 5 |
| 🔧 Instruments: | Currencies, cryptocurrencies, indices, commodities |
👍 Advantages of trading with Binarium:
- Intuitive platform;
- Copy trading service;
- No hidden fees.
👎 Disadvantages of Binarium:
- 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.
Evaluation of the most influential parameters of Binarium
Trade with this broker, if:
- 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.
Do not trade with this broker, if:
- 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.
NOTE!
Do not miss a chance to get additional monthly bonuses and payouts for trading at Binarium.
Enter the referral code when you register on the website or Binarium app.
p22188p97631pc862
*TU may receive partnership reward for registration of the client on the company’s website on a referral link.
Your capital is at risk.
Geographic Distribution of Binarium Traders
Popularity in
19.7%
ZM
10.1%
RU
4.1%
IR
3.8%
UA
72.3%
Others
User Satisfaction i
10 comments
Total score:
Share your experience
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- Last
- Oldest
Константин Шмидт
3 weeks ago
Verified
GB London 
For novice Binarium traders, this is the best opportunity to earn passive income
no
Tee Pearl
5 weeks ago
Verified
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.
hemstonecm@gmail.com
4 days ago
KE Nairobi
Good
None
kinglegend
5 weeks ago
MX Ciudad Nezahualcoyotl
they are scam
beware
dadi21
12 weeks ago
shaunawi69
1 year ago
deenq60
1 year ago
Responses to a comment
pradeep214 to
deenq60
5 weeks ago
Expert Review of Binarium
Binarium is a classic binary broker with a focus on novice traders. The company’s platform is a proprietary web terminal with a minimum set of features. The developers took into account the fact that novice traders are not prepared to try and deeply understand the functionality of MT4 and learn the nuances of Forex right from the start. Binary options are the simplest trading instrument, where all a trader is required to do is determine the price level after a fixed period of time.
Binarium offers only two types of High/Low options – Turbo (expiration 1-5 minutes with a 1-min step) and long-term options (from 5 minutes with a 15-min step). One of the goals of the broker is to help traders minimize the risks. Therefore, the broker does not offer such high-risk option types as Boundary or Range; there is no trade multiplier (the so-called leverage) and it is prohibited to increase position using the Martingale system.
Binarium also offers a copy trading service, which is available in the Trading room in the user account.
Best Forex broker based on expert and trader reviews
Dynamics of Binarium’s popularity among
Traders Union’s traders, according to 2023 data
Investment Programs, Available Markets and Products of the Broker
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.
Important!
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.
Trading Conditions for Binarium Users
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.
$5
Minimum
deposit
1:1
Leverage
24/7
Support
| 💻 Trading platform: | Binarium |
|---|---|
| 📊 Account types: | Start, Standard, Business, Premium, VIP |
| 💰 Account currency: | EUR, USD |
| 💵 Replenishment / 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 |
Comparison of Binarium with other Brokers
| Binarium | Pocket Option | Binary.com | QUOTEX | IQcent | DaxRobot | |
| Trading platform |
Binarium | MT5, Web, Mobile | WebTrader, Mobile | Mobile MT4, Web platform, Browser platform | WebTrader, Mobile platforms | Daxbase web platform |
| Min deposit | $5 | $5 | $5 | $10 | $20 | $250 |
| Trading instruments |
indexes, Currencies, Cryptocurrencies | currency | indexes, Forex, goods, stock, random index | currency pairs / CFD, indices, Cryptocurrencies, Commodities | currency pairs / CFD, Commodities, Options, Crypto, Currencies, Stocks | Binary options (fiat currencies and cryptocurrencies) |
| Signals | No | No | No | No | Yes | No |
| Analytical support |
No | No | Yes | No | Yes | No |
| Training | No | No | Yes | No | Yes | No |
| Additional tools |
No | Copy Trading tool | premature closing | No | Copy Trading tool | No |
Broker comparison table of trading instruments
| Binarium | Pocket Option | Binary.com | QUOTEX | IQcent | DaxRobot | |
| Forex | Yes | Yes | Yes | Yes | Yes | Yes |
| Metalls | No | No | Yes | Yes | Yes | No |
| Crypto | Yes | Yes | No | Yes | Yes | Yes |
| CFD | No | No | Yes | Yes | Yes | Yes |
| Indexes | Yes | Yes | No | Yes | Yes | No |
| Stock | Yes | No | No | No | Yes | No |
| ETF | No | No | No | No | No | No |
| Options | Yes | Yes | Yes | Yes | Yes | Yes |
Binarium Commissions & Fees
Information
Analysts at the Traders Union analyzed Binarium trading conditions to learn about the broker’s charges and see if it has hidden fees. There are no hidden fees. The broker does not charge a deposit fee (commissions of payment systems are compensated by the broker). The commission of payment systems for withdrawal is compensated by the broker. The only exception is, if at the time of withdrawal request, the trading volume of a trader does not exceed the deposit by two times, Binarium has the right not to cover the withdrawal fee in the amount of 10% of the requested withdrawal amount.
| 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 |
| Binarium | $0 | Low |
| VideForex | $5 | Medium |
| IQcent | $7 | High |
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:
-
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;
-
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;
-
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:
1
simple and easy-to-use platform;
2
transparent trading conditions;
3
access to the rating of the best traders of the platform;
4
relatively low minimum deposit.
Algorithmic trading is not available.
How to start earning – a trader’s guide
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:
Account Type
Description
Start Account
Ideal for beginners, requires a minimum deposit of just $5.
Get access to 63 financial instruments and a $100 weekly withdrawal limit. Funds are typically
available within 5 business days. Amount of simultaneously open trades - 100$.
Standard Account
$100-$500 deposit amount and a 5% tradeback bonus. 72 assets
and withdrawal up to $500 per week. Withdrawal requests are usually processed within 3 business
days. Simultaneously open trades - up to 250$.
Business Account
$500-$2000 deposit, a 10% tradeback bonus. Trading of 88
assets with a $2,000 weekly withdrawal limit, taking up to 2 business days. Access to the
trading room (Business plan). Simultaneously open trades - up to 1000$.
Premium Account
Withdrawal up to $4,000 per week, processing taking just one
business day. Selection of 108 trading instruments and tradeback of 12.5%. Access to the trading
room (Business plan). Limit of simultaneously open trades - up to 2500$.
VIP Account
Top-tier account for high-volume traders. Requirement is a
$2000-$5,000 deposit for access to 116 assets with no limits on simultaneous trades. Up to
$100,000 weekly withdrawal allowance. VIP trading room and 15% tradeback.
A demo account is available.
Investment Education Online
Information
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.
Information provided on the Binarium website
Information lacking on the Binarium website
Schedule of trading sessions
No guide on how to work with the platform
Economic calendar
No information about indicators
Individual education
Descriptions of strategies
Demo account is available.
Security (Protection for Investors)
Information
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
Withdrawal Options and Fees
-
Binarium processed withdrawals based on a trader’s withdrawal request sent via email.
-
Minimum withdrawal amount is EUR 5 / USD 5, maximum withdrawal amount (per one time) is EUR 250 / USD 250.
-
Several payment options are available for deposits and withdrawals: WebMoney, Neteller, Visa, Mastercard, Bitcoin, Ethereum. Ripple, Litecoin.
-
Withdrawal processing time is 1 hour; a request sent from an unverified account could take up to 3 days.
-
Deposit/withdrawal currencies: EUR, USD.
Customer Support Service
Information
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:
-
by email;
-
via a chat on the broker’s website;
-
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 |
Email:
support@binarium.com,
Phone: +357(22)052784, +44(203)6957705 |
Review of the Personal Cabinet of Binarium
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:
1
Register: click Sign Up on the homepage, enter your email and other details.
2
Access your user account. You will receive a link for confirming your registration to your email, but you can activate it later.
3
The following features are available in the Binarium user account:
1. Trading platform with all the necessary tools and account statistics.
2. Information about contests and promos.
1. Trading platform with all the necessary tools and account statistics.
2. Information about contests and promos.
Other features of user account:
-
FAQ – answer to the frequently asked questions about trading, platform, finance, etc.
-
Trading Room – a tab for copying trades (rating of traders).
-
Information on completed transactions, accrued and used bonuses.
Disclaimer:
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.
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FAQs
Do reviews by traders influence the Binarium rating?
Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about Binarium you need to go to the broker's profile.
How to leave a review about Binarium on the Traders Union website?
To leave a review about Binarium, register on the Traders Union website or you can also leave a review through Facebook.
Is it possible to leave a comment about Binarium on a non-Traders Union client?
Anyone can leave feedback about Binarium on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.
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