BINARYMATE Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-31 18:30

Abstract：Binarymate is a broker that provides more than 100 assets available for trading, including forex and CFD. The broker also provides three accounts. It also offers various payment methods and the deposit is $250. Binarymate is still risky due to its unregulated status.

Binarymate Review Summary
Founded	2015-08-11
Registered Country/Region	Marshall Islands
Regulation	Unregulated
Market Instruments	Forex/CFD/Options
Demo Account	✅
Leverage	/
Spread	/
Trading Platform	Binarymate(Web/Mobile(Android))
Min Deposit	$250
Customer Support	Tel: +442080685335
	English phone number: 1-829-9476393
	Russian phone number: 7-499-7033774
	Chinese phone number: 3-395-0396
	Thai phone number: 02-21345671
	Singapore phone number: 965-65425142
	Australian phone number: 61-8-5550-7288
	Facebook/Twitter/Instagram
	Live video chat

Binarymate Information

　　Binarymate is a brokerthat provides more than 100 assets available for trading,including forex and CFD. The broker also provides three accounts. It also offers various payment methods and the deposit is $250. Binarymate is still risky due to its unregulated status.

Pros and Cons

Pros	Cons
Demo account available	Unregulated
24/7 live video support	MT4/MT5 unavailable

Is Binarymate Legit?

　　Binarymate is not regulated, making it less safe than regulated brokers.

What Can I Trade on Binarymate?

　　Binarymate offers 100+ market instruments, including forex, options, and CFD.

Tradable Instruments	Supported
Forex	✔
CFD	✔
Options	✔

Account Type

　　Binarymate has three real account types: bronze, silver, and gold. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.

Account Type	Bronze	Silver	Gold
24/7 Live video chat support	✔	✔	✔
Withdrawals	In 1 hour	In 1 hour	In 1 hour
Demo account	✔	✔	✔
Bonus	+20%	+50%	+100%

Trading Platform

　　Binarymate provides a propriety trading platform available on the web and mobile(Android) versions, instead of the authoritative MT4/MT5 with mature analysis tools and EA intelligent systems.

Trading Platform	Supported	Available Devices
Binarymate	✔	Web/Mobile(Android)

Deposit and Withdrawal

　　The minimum deposit is $250. Binarymate accepts Visa, MasterCard, WebMoney, Qiwi Wallet, OK Pay, Bank transfer, Skrill, Neteller, etc. for deposit and withdrawal. The withdrawal processing times are within 1 hour and associated fees are up to 5%.

Method	Transfer fee	Funding time	Withdrawal time
Visa/MasterCard	5%	Instant	Up to 1 hour
Bitcoin	No fee	Instant	Up to 1 hour
Altcoins	No fee	Instant	Up to 1 hour
Ethereum	No fee	Instant	Up to 1 hour