Binarium Customer Service Review
Binarium customer support is ready to help you resolve your issues 24/7. You can contact Binarium support via live chat, phone, email, and social media (Meta, VK).
Customer service is an important feature a trader will need when they run into problems while trading on a Forex, stock, or binary trading platform like Binarium. A trader can encounter difficulties when depositing, trading, or withdrawing funds. When this happens, it's always a good idea to reach out to the Binarium support service, which is set up to assist traders facing different challenges investing on the platform.
However, before you sign up, learning the components and features of Binarium customer service is necessary for potential traders. So, in this article, TU experts will present traders with a detailed description of Binarium customer service, including its pros and cons.
Binarium official website
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Does Binarium support work on weekends and holidays?
Binarium, on its official website, admits to offering 24/7 services, so the support service is available on weekends. There is no accurate data on the availability of these services during the holidays.
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Can you trust Binarium's support?
Yes. Binarium customer support is trustworthy, as they employ the best methods to provide users with optimized solutions. The customer support team comprises top professionals who have ample years of experience trading and providing investment advice in the financial market.
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How to contact Binarium support?
You can contact Binarium support via live chat, phone, email, and social media (Meta, VK). The live chat and phone feature is known to offer more flexible interaction between the investor and the Binarium customer care staff.
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Does Binarium support respond quickly?
Yes. Binarium support responds fast, but this is dependent on the communication channel utilized. Contacting Binarium via online chat or phone will result in an instant response.
What are the channels for communication with Binarium Support?
Two factors determine the quality of assistance traders get when they contact the Binarium support team. This is the professionalism of the support team and the channel integrated for communication by the broker. The channels users follow to contact Binarium customer service determine the promptness and quality of service they get. Let's look at some of the channels for communication with Binarium.
1. Live chat
The easiest and most effective way to communicate with the support staff on the Binarium trading platform is through the live chat feature. For urgent problems or questions, Binarium Live Chat is especially helpful since it enables quick, real-time communication between users and support agents. With live chat, users can multitask by continuing to browse websites or work on other tasks while having a chat conversation. Support agents can also handle multiple chat conversations at once, which speeds up the resolution of issues and reduces customer wait times.
The primary benefit of the 24/7 online chat service offered by Binarium Broker is how quickly you receive feedback—it typically takes four minutes to hear back from the broker. In online chat, files cannot be attached to messages. Furthermore, sending private information is not possible.
2. Email
Email is another common way that users contact Binarium customer service, especially if they require thorough and intelligible summaries. Customer support will get back to you within 24 hours. With response times ranging from several hours to a full day, this type of asynchronous communication technique is effective for non-urgent issues. Therefore, use your registration email to send an email to support@binarium.com if you do not need a quick response to your question. Utilizing the email you used for registration enables Binarium to locate your trading account.
3. Phone
You can also reach Binarium by phone at (+357(22)052784, +44(203)6957705); however, all outgoing calls will incur charges based on your phone service provider's tariffs. Phone support allows for real-time communication, which makes instant assistance possible. Direct communication over the phone with a support agent facilitates understanding and lowers the possibility of misunderstandings that occasionally arise in written correspondence.
Speaking on the phone can be more productive than writing down explanations for complicated problems or circumstances that may call for in-depth explanations. When compared to other channels, phone support provides a more individualized interaction. You can ask questions, get clarification, and receive counsel tailored to your specific situation.
4. Social media
Clients can also get support from the Binarium support team through social media apps like Meta and VK. Users can receive real-time notifications about updates, service interruptions, and other important information through these social media apps. Customers can easily and quickly contact customer support through social media platforms.
Posting queries or problems on social media can occasionally result in a quicker response because of these platforms' widespread public visibility. Top brokers like Binarium are often motivated to solve problems promptly to maintain their positive reputation. However, Binarium monitors their social media channels closely, and inquiries made through these platforms can receive rapid responses.
Pros and cons of Binarium customer service
Below are the pros and cons of Deriv customer service.
👍 Pros
• The teams at Binarium that handle customer service are very knowledgeable and provide great assistance through various means.
• Binarium customer service is available 24/7
• Binarium customer services provide users with accurate information on the broker's bonus offers and transaction fees.
You can get assistance in languages other than English.
👎 Cons
• Not every language used by traders is currently supported by the platform, despite the broker offering services in multiple languages.
• It may be challenging for users in places with weak network connections to contact Binarium customer service through online channels because they require a robust network connection.
• Email does not offer a quick fix, even though it is a convenient way to communicate with the platform.
Comparison of Binarium Customer Service with offers from other brokers
Evaluating a broker's services by comparing them with those of competitors is a crucial method for gauging service quality. Customer support services should undergo assessment using the same criteria applied when comparing brokers in terms of trading commissions, spreads, account types, and minimum deposits. The following table provides a detailed comparison of the customer service options provided by ICMarkets, XM and Binarium.
Binarium | ICMarkets | XM | |
---|---|---|---|
Availability of communication 24/7 (Yes/No) |
Yes |
Yes |
No |
Traders' reviews (positive/negative) |
positive |
positive |
positive |
Quality of customer service (Good or Not) |
Good |
Good |
Good |
Live Chat |
Yes |
Yes |
Yes |
Telephone |
Yes |
Yes |
Yes |
|
Yes |
Yes |
Yes |
Social networks |
Yes |
Yes |
Yes |
Binarium integrates top online channels that facilitate interaction with customer representatives, making it more transparent, efficient, responsive, and flexible. The broker has a physical office address (Binarium Limited HE321566 Office 02, 9 Kappadokia, Dasoupoli, 2028, Nicosia, Cyprus), and they’ve been in business since 2012. Although Binarium has faced regulatory scrutiny since its launch, it's overly simplistic. To put it mildly, it is user-friendly for beginners; this broker has features that make it easy to trade binary options.
Team that worked on the article
Peter Emmanuel Chijioke is a professional personal finance, Forex, crypto, blockchain, NFT, and Web3 writer and a contributor to the Traders Union website. As a computer science graduate with a robust background in programming, machine learning, and blockchain technology, he possesses a comprehensive understanding of software, technologies, cryptocurrency, and Forex trading.
Having skills in blockchain technology and over 7 years of experience in crafting technical articles on trading, software, and personal finance, he brings a unique blend of theoretical knowledge and practical expertise to the table. His skill set encompasses a diverse range of personal finance technologies and industries, making him a valuable asset to any team or project focused on innovative solutions, personal finance, and investing technologies.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).