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Binarium Mobile App: Main Features And Functionality

Updated:  October 06, 2023
Upendra Goswami
Contributor
Opinions expressed by Traders Union Contributors are their own.
Reviewed by
Dr. BJ Johnson
Editor
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Binarium Mobile App: Main Features And Functionality

Table of Contents

  • How to download and set up a Binarium app?
  • Main features of Binarium mobile app
  • Additional features of the Binarium app
  • Main advantages and disadvantages
  • FAQs
Editorial Note: While we adhere to strict Editorial Integrity, this post may contain references to products from our partners. Here's an explanation for How We Make Money. None of the data and information on this webpage constitutes investment advice according to our Disclaimer.

To download and set up A Binarium mobile app you need to:

Open Google Play Store or App Store and search for the Binarium app;

Download the Binarium mobile app on your smartphone;

Log in Binarium credentials or sign up as a new user and create an account on the mobile app.

Binarium app checklist

IQCent Binarium VideForex

Mobile App Rating

N/A

3.3 Stars on Google Play Store 1 Star on the App Store

N/A

User-friendliness

Good

Good

N/A

Updates

Last Update on 31 Mar 2023

Last Update on 14 Apr 2023

N/A

Biometric and two-factor authentication

No

Yes

N/A

According to Business Standards’ report on Mobile Trading Accounts, a quarter of trades are made on mobile trading accounts, with young investors leading the way to portable trading methods.

Most online brokers and prop trading platforms, like Binarium, IQCent, VideForex and others, have launched their mobile apps to increase traffic on their portals. In this blog below, Traders Union experts have detailed about Binarium mobile app, explaining the features and functionality of the online broker’s mobile app for an unbiased view.

Binarium, an online broker registered in an offshore jurisdiction & that provides access to binary options, launched its mobile application for Android and iOS in 2019, rated with 3.3 stars and 100k+ downloads on Google Play Store and a 1-star rating on App Store. Using the Binarium mobile app, traders can access binary trading options with currencies, cryptocurrencies, commodities and indices.

How to download and set up a Binarium app?

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Binarium mobile app, available for iOS and Android, has made it easier for traders to connect with the world of trading from anywhere, simply through their smartphones. The steps to download the Binarium app are as follows:

Download Binarium for Android and iOS Illustration

open Google Play Store or App Store on your preferred device, and search for the Binarium app;

click on download or install to get the Binarium mobile app on your smartphone;

once you have downloaded the app, log in with your existing Binarium credentials, or if you are new to the platform, sign up as a new user and create an account on the mobile app

Binarium account has 2FA (two-factor authentication), where users have a secondary identification besides their password, which adds a security layer to the account.

After successfully logging in to the Binarium account, click on settings, then the security tab. Next, click on the Two-Factor Authentication Option, where new users can set up 2FA while linking their phone number, where they will receive a code during each login attempt.

Main features of Binarium mobile app

The Binarium mobile app is compatible with iOS and Android devices.

The mobile application download is available for free.

The Binarium mobile app gives access to educational resources and trading functionality.

This app allows traders to keep track of slight market movements and reflects fluctuations in real time.

Additional features of the Binarium app

The Binarium mobile app offers a live chat support option, which helps with instant query resolution.

The mobile application allows the trader to receive push notifications on essential trading updates and keep them updated with real-time data.

Main advantages and disadvantages of Binarium mobile app

👍 Advantages:

• Binarium mobile app makes it easier for trader to access their account conveniently;

• Binarium mobile app has recorded 100k+ Android downloads;

• The mobile app offers instant answers to queries, allowing traders to trade without any technical or trading-related confusion;

• Binarium mobile app also allows an easy-account opening process;

• Binarium app accepts deposits in EUR, USD, UAH and RUB.

👎 Disadvantages:

• Binarium mobile app is only available in English;

• deposits in the Binarium account are reflected after a few hours.

Note:

Customers and users of the Binarium app are not very satisfied with the performance and have mentioned queries related to delays in deposits, withdrawals, and the account creation process. However, Binarium customer executives have resolved all the queries. Still, the app is only rated 3.3 stars on Google Play Store and 1 -Star on App Store, which reflects an unsatisfactory experience and limited downloads.

FAQs

Is the app user-friendly?

The Binarium mobile app offers a user-friendly interface, allowing users to access the sections with a few clicks easily.

Is customer service available?

Binarium mobile app has an online chat, call message and telegram bot options, which help with instant query resolution for the traders.

Is the account setup process straightforward?

Yes, the Binarium app offers easy login, signup and setup processes with two-factor authentication on the mobile application.

Can I invest in cryptocurrencies using this software?

Using the Binarium app, traders can invest in currencies, cryptocurrencies, indices and commodities.

Team that worked on the article

Upendra Goswami
Upendra Goswami
Contributor

Upendra Goswami is a full-time digital content creator, marketer, and active investor. As a creator, he loves writing about online trading, blockchain, cryptocurrency, and stock trading.

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Dr. BJ Johnson
Dr. BJ Johnson
Developmental English Editor

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.

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