Score
Saint Vincent and the Grenadines
|
5-10 years
| https://binarium.com/
Website
Rating Index
Influence
B
Influence index NO.1
Ukraine 7.69
LicensesNo valid regulatory information, please be aware of the risk!
Saint Vincent and the Grenadines
WikiResearch
Uzbekistan
binarium-trade.online binarium.mobi binarium.com| Binarium Review Summary | |
| Founded | 2012 |
| Registered Country/Region | St. Vincent and the Grenadines |
| Regulation | No regulation |
| Market Instruments | Currencies, futures, options |
| Demo Account | ✅ |
| Leverage | / |
| Spread | / |
| Trading Platform | Binarium APP |
| Minimum Deposit | $5 |
| Customer Support | Online chat |
| Email: support@binarium.com | |
| Phone: +357 22 052784, +44 203 695 7705 | |
| Social Media: Instagram, Telegram, Facebook, YouTube | |
| Address: Binarium Limited 1599 СTD 2016, Suite 305 Griffin Corporate Centre P.O. Box1510, Beachmont, Kingstown St. Vincent and the Grenadines | |
Binarium is a binary options broker founded in 2012 and run by Binarium Limited, a recognized corporation in St. Vincent and the Grenadines. Account tiers (Start, Standard, Business, Premium, and VIP) provide access to additional trading assets (67-121 instruments) and increased withdrawal limits. However, the company is not regulated by any acknowledged financial institution, and its legal documents indicates that agreements are made in Cyprus.
| Pros | Cons |
| Low minimum deposit ($5) | Not regulated |
| Multiple account tiers | Lack of transparency |
| Demo account available | |
| Various contact channels | |
| Multi-lingual support |
Binarium is an unregulated broker. The company's address is in St. Vincent and the Grenadines, with transactions executed in Cyprus. It does not have licences from recognised regulators such as the FCA, CySEC, or ASIC.
According to WHOIS records, binarium.com was registered on July 28, 2008 and will expire on July 28, 2030. Because the broker operates outside of major regulatory frameworks, traders should be cautious and understand the dangers before creating an account.
Binarium lets you trade binary options on a range of types of assets. The amount of instruments you can use depends on your account level: There are 67 assets in a Start account, 76 in a Standard account, 92 in a Business account, 113 in a Premium account, and 121 in a VIP account. Tradable Instrumentsinclude currency pairs, futures, and options
| Tradable Instruments | Supported |
| Currency Pairs | ✔ |
| Futures | ✔ |
| Options | ✔ |
| Commodities | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| ETFs | ❌ |
Binarium has five real account types and a demo account. Each level is based on how much money you deposit, and as you move up, you get more assets, bigger bonuses, and greater withdrawal limitations. There is no mention of an Islamic option that doesn't involve a trade.
| Account Type | Minimum Deposit | Daily/Weekly Withdrawal Limit | Withdrawal Processing Time | Tradeback Bonus | Assets |
| Start | $0 | $75 / $150 | Up to 5 days | None | 67 assets |
| Standard | $100 | $200 / $500 | Up to 3 days | 5 % bonus | 76 assets |
| Business | $500 | $500 / $2 000 | Up to 2 days | 10 % bonus | 92 assets |
| Premium | $2 000 | $1 500 / $4 000 | 1 day | 12.5 % bonus | 113 assets |
| VIP | $5 000 | $15 000 / $100 000 | 1 day | 15 % cashback (real funds) | 121 assets |
Compared to other companies in the same field, Axiance's fees are on the low to moderate side. The trading spreads are competitive, especially for higher-tier accounts, and fees are only charged on certain VIP trades.
| Fee Type | Description | Amount / Example |
| Spreads | Floating; varies by account type and instrument | Not fixed; depends on market |
| Swap / Rollover | Overnight charge on positions held past 00:00 EET | Example: EUR/GBP short = –0.38 GBP/lot |
| Commissions | Only charged on VIP accounts for CFDs on shares & futures | $4 per lot |
| Non-trading Fees | |
| Dormant Account Fee | 10 units/month after 12 months of inactivity |
| Internal Transfer Fee | 0.5% for transfers between accounts with different currencies |
| Custodian Fee | 30 units/month for asset safekeeping |
| Currency Conversion | Charged when converting between currencies (exact cost not fixed) |
| Platform | Supported | Devices | Suitable for |
| Binarium APP | ✔ | Android and iOS | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Binarium charges no fees for deposits or withdrawals. The minimum deposit and withdrawal amount are $5. Most deposits are processed immediately, however withdrawals are usually completed within one business day, depending on the payment type.
| Method Category | Minimum Deposit | Minimum Withdrawal | Fees | Processing Time |
| Bank Cards | $5 | $5 | None | Usually instant deposit; withdrawals processed within finance hours |
| E‑Wallets | Typically instant; withdrawal up to 1 business day | |||
| Cryptocurrencies | Deposit credited in minutes; withdrawals within 1 business day | |||
| Other Methods | Similar timing depending on method |
The reputed regulator of the UK, the Financial Conduct Authority (FCA), issued a warning list yesterday and exposed three unlicensed and scam brokers who could swindle your money.
Targeting customers in Europe, North America, and Asia, Binarium is an unlicensed Russian broker operating outside of Russia through legal firms in St. Vincent and the Grenadines and Cyprus.
The available information does not indicate that Binarium offers an Islamic account. Traders should inquire directly with Binarium for further details.
Binarium supports various payment methods, including Visa, Mastercard, and cryptocurrencies like Bitcoin and Litecoin for deposits and withdrawals.
Binarium supports withdrawals via major credit/debit cards like Visa and Mastercard, as well as cryptocurrencies such as BTC and LTC.
While Binarium provides a range of trading services, the lack of regulation means it does not meet the usual investor protection standards. Therefore, traders should proceed with caution.
Please enter...
TOP 
Chrome
Chrome extension
Global Forex Broker Regulatory Inquiry
Browse the forex broker websites and identify the legit and fraud brokers accurately
Install Now
