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Binarymate
Marshall Islands|5-10 years| Suspicious Scope of Business|High potential risk|
https://binarymate.com/
Website
Rating Index
Influence
Influence
C
Influence index NO.1
Germany 3.49Surpassed 72.74% brokers
Biz AreaSearch StatisticsAdvertisingSocial Media Index
Contact
+44 2080685335
https://binarymate.com/
Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960
Licenses
No valid regulatory information, please be aware of the risk!
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
Open Now
Contact number
English
+44 2080685335
English
+1 829-9476393
English
+7 499-7033774
English
+965 65425142
Broker Information
More
Company Name
Algobit Ltd.
Company Abbreviation
Binarymate
Platform registered country and region
Marshall Islands
Company website
Pyramid scheme complaint
Expose
Check whenever you want
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Warning: Low score, please stay away!
2
Previous Detection :
2024-07-03
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
| Benchmark | -- |
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| Maximum Leverage | -- |
| Minimum Deposit | $3000-50000 |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
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| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | -- |
| Minimum Deposit | $1000-3000 |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | -- |
| Minimum Deposit | $250-1000 |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
Platform Capital Ratio
--% 
-- --
100%--% 100%
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
Capital
$(USD)
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Exposure
1 pieces of exposure in total Pyramid scheme complaint
ExposeBinarymate · Company Summary
General Information
Binarymate is allegedly a Seychelles-based brokerage launched in 2016, providing its customers with the most advanced platform for forex, options and CFD trading with 24×7 live video chat support.
Market Instruments
Binarymate advertises that it offers more than 100 trading instruments, which include but are not limited to forex, CFD and options.
Account Types
There are three live trading accounts offered by Binarymate, apart from demo accounts, namely Bronze, Silver and Gold. The Bronze account requires the minimum deposit amount of $250 with +20% bonus, while the Silver account is $1,000 with +50% bonus and the Gold account is $3,000 with +100% bonus.
Trading Platform Available
When it comes to trading platforms available,Binarymate gives traders two choices: Web and Mobile trading platforms. And there are three versions: Web, Android and iPhone. Traders can experience CFD and options trading by Android and iPhone based Mobile Platform. It is advertised as the most advanced platform that allows traders to stay connected with the global market and never miss a trading opportunity.
Deposit & Withdrawal
Binarymate accepts many different payment methods, such as VISA, MasterCard, Bitcoin, Altcoins and Ethereum. VISA and MasterCard requires 5% transfer fee, while Bitcoin, Altcoins and Ethereum with 0 transfer fee. The minimal amount allowed for withdrawal is $50, while the minimum deposit amount is $/€250. However, from the FAQ of this brokers website, we found there are three conditions for withdrawals. Firstly, for security reasons, identification of the person is required for all withdrawals, regardless of the withdrawal amount. Secondly, for account without bonus: trader has to reach a 100% turnover from deposited amount, to claim for for withdrawal. Thirdly, for account with bonus: trader has to reach 300% turnover from deposited amount, to claim for deposited amount and profit withdrawal.
Customer Support
Binarymate‘s customer support can be reached through telephone: English: 18299476393, Russian: 74997033774, Chinese: 33950396, Thai: 0221345671, Singapore: 96565425142, Australia: 61855507288, video chat or write to this broker via its website. Besides, you can also follow this broker on some social media platforms like Facebook, Instagram and Twitter. More other common contact information like email are not involved on Binarymate’s website.
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