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Binatex – Trader’s Opinions and Broker Review

regulation
Regulated by Int'l Financial Commission
region
Accepts traders from
United Kingdom
rating
4.7
/ 5
Rating: 15
Reviews: 23
bonus
Bonus on first
deposit
Register within 10:00 minutes and receive a gift

The Binatex brokerage company was founded in 2015 and managed to attract the attention of traders quite quickly. Within just two years of work, the broker received 6 international awards for its user-friendly interface, trading platform capabilities, client support, and creative approach.

Full review
Trading conditions
Tradable assets:
Option profitability:
Minimum deposit:
Minimum trade amount:
48
up to 75%
$10
$1
Demo account:
Online registration:
Call support:
Chat with support:
yes
yes
8-800-333-20-67
no
Tradable assets:
48
Option profitability:
up to 75%
Minimum deposit:
$10
Minimum trade amount:
$1
Demo account:
yes
Online registration:
yes
Call support:
8-800-333-20-67
Chat with support:
no
Deposits and Withdrawals
b_visac_mastercardd_bankf_skrillg_neteller
Review of Binatex
Broker rating: 3.9 / 5

1. General Information

The website of Binatex is available in 15 languages as the broker is focused on traders from different countries. In addition, the company has received a certificate of compliance from the FMRRC (detailed information is available on the official website of the regulatory authority). Nevertheless, the broker has made a lot of efforts to stand out among competitors and provide a truly high-quality service to its clients. Let's get acquainted with the particularities of Binatex.

2. Pros and Cons of Binatex

Low minimal deposit: it is sufficient to make a deposit of $10 to start trading on the broker’s platform. In this case, the minimum transaction amount will be $1.

Demo account: immediately after registration, clients receive a virtual account with $1000, which allows testing the platform's capabilities and getting accustomed to the interface.

FMRRC regulation: as we have already mentioned above, Binatex has acquired a license from the Financial Market Relations Regulation Center. This step guarantees the broker's honesty and fairness when transacting with clients.

Repayments on losing trades: Binatex is the only broker in the market that makes a return from each loss-making transaction without any additional obligations from the client.

Multi-level system: has been implemented whereby a trader’s level increases with the volume of completed transactions, starting from level 1 and up to level 10. The higher the level - the more opportunities a trader has: for example, at the highest level the return from each loss-making transaction is 10%, and all materials in the training section are accessible both in text and video formats.

Convenient statistics: the broker has put serious efforts into organizing the statistics section - information about transactions is presented in a fairly convenient and clear way, which allows using the section as a fully-featured trade diary for analyzing the profitability of trades and identifying possible errors and areas for improvement.

Round-the-clock support: you may ask questions at any time of day using a live chat on the broker's website, via phone or by e-mail.

Welcome bonus: each new client has the opportunity to receive a 100% welcome bonus on the first deposit. It is worth noting that the bonus amount is not withdrawable and can only be used as additional trading capital for higher trade profitability.

Small number of assets. Currently, the clients have access to a little over 20 tradable assets, which is significantly lower compared to other leading brokers.

3. Underlying Assets

Clients of Binatex can trade in currency pairs, shares of companies (Google, Facebook, Apple, Starbucks, etc.), as well as commodities, such as oil and gold. Although the number of assets is smaller than with other comparable trading platforms at this point, the company has made claims about its plans to significantly increase the variety of tradable items within the following months.

4. Trading Platform

Binatex team preferred a road less traveled and did not use existing, ready-made solutions, but developed an in-house trading platform. Using a special informer in real-time mode, you can monitor the number of active traders and open transactions. It is possible to open new tabs with chart windows, while the charts themselves can be rendered either in linear or candle format. Price quotations are provided by Bloomberg, so there is no need to worry about market data being inaccurate or falsified. It should also be noted that there are specialized sections with trading signals, economic calendar, training videos and rating of the best traders at the bottom of the platform’s screen. These elements can be removed or added according to the trader’s preferences.

As for the types of options contracts, there is no variety at the moment, as only one format available is the classic "Up/Down", with possible expiration periods ranging from one minute to 24 hours.

5. Deposits and Withdrawals

To open a demo account with Binatex, it is sufficient to enter one's e-mail in the corresponding form on the official website, which will grant access to a personal 1000 USD virtual trading environment with real-time quotes. It is sufficient to make a deposit of at least 10 USD / 10 EUR for a real account with full access to all platform features. Deposits can be made using Visa, MasterCard or various electronic payment systems. As mentioned earlier, clients are eligible for a first-deposit bonus of up to 100% of the deposited amount.

It is worth keeping in mind that withdrawals at Binatex are made to the same payment medium as the deposit. Applications are processed within 1-3 working days on a first-come, first-served basis. There is an upper limit to the number of withdrawal applications per month, depending on one’s trader level (see above); this information can be found inside one’s personal account on the platform.

Since Binatex is a regulated broker, it requires sending copies of identity documents for security and anti-money laundering purposes before being able to deposit or withdraw funds; in case of issues with this process you can always contact your assigned personal manager.

6. Trader Education

The broker has prepared a worthy training base for both beginners and professionals. The relevant section on Binatex website contains dozens of articles and video lessons on various topics concerning technical and fundamental analysis. For example, the company's experts show how to distinguish between different chart patterns, use indicators, and analyze one’s trading process. Traders can unlock more and more in-depth and information-rich materials as their trading volume increases, based on the point-system mentioned above.

7. Should I Trade with Binatex?

Despite of the relatively recent market entry, Binatex has proven to be a reliable partner for traders with any level of competence. Working on their trading platform allows forgetting about the existence of deliberate obstacles created by certain other brokers; thanks to this, Binatex clients are able to fully immerse into the trading process, being sure that the outcome of each transaction will not be affected by the manipulations with price levels.

Many claim that Binatex can be considered a game changer in the world of binary options: the history of this company shows that brokers' work can be improved, while their services can become even more affordable for many traders.

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Reviews on Binatex

Comments about Binatex
( 23 )
User rating: 4.7 / 5

Comments: 23

  1. avatar
    shemsudin
    18/07/2017

    I hewe accont, bat i cen to loginn

  2. avatar
    Gilda Eros
    03/08/2017

    I am in California working here too???

  3. avatar
    Olly
    15/03/2018

    Good broker, trust them. But I have some problems with Android app. Hope they will fix it soon.

  4. avatar
    T k
    30/06/2018

    I am thinking about this quite seriously . If I understood, I can start trading with a 40 euro investment. Please some let me know. maybe I have,nt understood

  5. avatar
    Kotique
    18/12/2018

    Good broker, a lot of interesting promos, I’m truly satisfied with the quality of the platform

  6. avatar
    Taylor
    19/12/2018

    Binatex is OK, I’ve just withdrawn my first 50 dollars here 🙂

  7. avatar
    Ellie
    25/12/2018

    This broker is better than many others. There are lots of promos, tournaments and other features!
    I participate in every tournament they have, I want to be a winner someday. 🙂

  8. avatar
    WannaTrade
    29/12/2018

    I trade as often as I can in order to gain more experience…
    I withdrew about 50 usd every week, that’s not pretty much but I think I’ll do better when experience is gained.

  9. avatar
    Sammy
    09/01/2019

    I love it. Working at home is my dream and Binatex has made it real for me. I trade every day and withdraw my money once a week. 🙂

  10. avatar
    J'adore hardcore
    29/01/2019

    Trading is simple with Binatex! It gives a real opportunity to earn money remotely which means you can sit in the cafe, at home or even at your workplace (in the office) 😉 As for me, I prefer trading after the working hours but when there is a tournament, I can’t resist participating in it, so it can be done right in my office 😀

  11. avatar
    Woof
    07/02/2019

    My grandma is a trader and when all the members of our family have found this out, we’ve thought she’s mad 😀 Well, I’ve changed my opinion now. She taught me how to trade efficiently. Now there are two of us, trading and sharing experience with each other! We have enough money thanks to Binatex. We travel together and trade not being at home as we travel with our macbooks with an internet connection!

  12. avatar
    Katherine
    18/02/2019

    My trading story is simple. I found Binatex three years ago and I’m still here. I could recommend it to anyone who wants to be independent from the office routine. You could earn a lot here if you have some trading experience, and if you don’t have one, you could gain some knowledge right here, on the website, reading the articles and trading on a demo-account!

  13. avatar
    Beth
    22/02/2019

    I’m happy I’ve found Binatex being pregnant. I was afraid of not having enough money to raise my child. Well, as far as I can see, there was no need to panic! I’ve already bought a great number of different clothing fr her. 🙂 Yeah, she’s a girl! Many thanks to Binatex for having such an opportunity (I’ve already earned 100 usd here, just for 2 weeks!) :))

  14. avatar
    Crystall
    25/02/2019

    Many people advised me about Binatex. Well, I like the way they are dealing with all the issues. I have no problem with withdrawal and I can only say thanks to the support, which has helped me every time I need them. For me, they are the example of a good broker.

  15. avatar
    Crow
    26/02/2019

    As a beginner, I find Binatex advices extremely convenient. I drained my first deposit, but I was able to continue trading, without much success though. I drained the second deposit, too, but was able to profit when I’ve read all the advices and strategies (I’ve used one of those). Then I withdrew the money. Good.

  16. avatar
    Carmella
    28/02/2019

    I’d highly recommend Binatex to everyone who wants to make money. You should be ready to read all the material provided (the articles about Time and Money management, etc.) My regular earning is about $1,000 a month with my initial fund ~$10,000, which means 10% a month. This broker is really better than other ones, but as normal, you must treat it carefully: Risk management must always be put on top.

  17. avatar
    cole franklin
    28/02/2019

    just give it a try and you will never regret

  18. avatar
    Mona
    11/03/2019

    Hi! I started working with this broker recently, about 2 weeks ago. I have nothing bad to say about it, the platform is comfortable, I haven’t noticed any graph adjustments, the deals open immediately, you don’t have to wait 1-2 seconds for them to open. I advise Binatex for work!

  19. avatar
    Lui
    15/03/2019

    I’ve been recommended to trade on Binatex a lot since my best friend lost his full-time job and became a trader. I’ve tried it several times and that’s OK. The withdrawals are fast, the strtategies demonstrated here are effective (I’ve tried a few so far). Now it’s my turn to recommend the broker… 🙂

  20. avatar
    Furn
    26/03/2019

    In this world nothing is impossible as long as we have brokerage companies such as Binatex. A lot of financial tools, convenient trade conditions, professional and pleasant support team, perfectly working trading platform, a lot of training and educational materials, demo account. And it is not all the advantages of trading with the broker.

  21. avatar
    Kro Palombi
    02/04/2019

    I’ve been reading all the feedbacks I could find on the Internet for about a year or so. I was wondering about my own career and opportunities and asked myself if I should try to become a trader. Finally, I’ve made a decision and chosen Binatex as a broker. That was the great idea and it changed my life in many ways. As a trader, I can tell you that the platform is easy-to-use. No deposit or withdrawal issues. Binatex is attentive to every client.

  22. avatar
    Green
    05/04/2019

    Honestly, choosing a broker is the biggest problem now. I’ve read a lot of Binatex reviews before I’ve chosen this company. It’s already the third month here, everything is fine. Binatex is still the first, whom I haven’t been able to catch in a scam for so long, and the customers speak about it in reviews, and I’ll also say that the broker works fine. Even three months of trading without the harmful intervention of a broker in profitable transactions already gives the reason to respect this company

  23. avatar
    Michael
    08/04/2019

    I didn’t advertise Binatex, but I have been trading here for 3 months, I am confident in the platform. I am also very grateful to Binatex for their work, the withdrawal service is awesome. I withdrew sums over 1000$ more than once, and there were no delays or refusals at all.

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