Binarium Review – Is it legit? Honest Opinion [2022]

What you need to know about Binarium

Binarium is a binary options broker that was established in 2012 as an alternative to such giants as IQ Option and Expert Option. The broker offers a very modern trading platform and high returns on investment. In this review, I will tell you about Binarium in detail, and below is a quick summary of the review in case you don’t feel like reading the entire content. If you are interested in more information, use the table of contents above and go to the fragment you are interested in. Thank you for your trust!

• Binarium was founded in 2012 by Binarium LTD
• This binary options broker is not regulated by goverment
• The minimum deposit at Biarium is $5
• Returns are among the highest in the industry, reaching up to 95%.
• Your funds are secured in EU bank
• Binarium offers $10 000 demo account
• The minimum investment amount is just $1
• BinaryCent is USA Friendly

If you decide to open account using links on our website – you’ll receive 100% deposit bonus!

A few words about Binarium

Binarium offers very competitive investment conditions and enables clients from all over the world to trade on binary options. The broker does not have any regulations and the main office of the broker is at this address: 305 Griffith corporate center, P.O.Box 1510, Beachmont, Kingstown, Saint Vincent and the Grenadines.

Of course, the fact that a broker is not regulated does not mean that it is operating illegally. Being based in countries that do not require relevant regulations allows companies to offer services all over the world. If Binarium had a license in Europe, they would have to adapt their services to the regulations prevailing there, and this would make it impossible to offer bonuses and trade on binary options. Binarium secures your funds in a bank in the European Union, which guarantees that you will receive your money even in the event of a broker bankruptcy.

• Regulation: No
• Minimum Deposit: $5
• Minimum Trade: $1
• Bonus: 100%
• Payouts: 95% Max
• Assets: Commodities, Crypto, Forex, Indices, Stocks
• Mobile Trading: Yes
• Withdrawal Processing: 24 Hours
• Demo Account: Yes
• US and UK Traders: Accepted

Binarium Trading Platform

For a niche broker, Binarium offers a very modern platform that is very similar to the Expert Option broker. This is a huge advantage because you can see that the broker regularly invests money in further development and cares about the user experience. After logging in to your account, you will see a view like the picture above. On the left side there are tabs such as:

History – here you can check the history of closed positions and you can check the status of currently open transactions.

Banking – By clicking on this button you will be taken to the tab that allows you to deposit and withdraw funds. I’ll talk about the deposit and withdrawal methods later in this review.

Contests – the broker offers paid and free contests with a prize pool of up to $ 1500. I recommend using paid tournaments because there is less competition and it is easier to win something. The entry fee is $ 10.

Trading Room – If you have a Business or VIP account type, in this tab you will find the Copy Trading function and over 30 signals a day from professional traders. I will discuss the types of accounts in detail later in this review.

Bonuses – At the time of writing this review, the broker is only offering a 100% bonus on the first deposit over $ 50. So if you decide to deposit a minimum of $ 50, you will get another $ 50 for free. Of course, you can cancel the bonus when making your deposit.

Education – here you will find a very extensive tab with all the information that a beginner trader needs. There are tons of answers to your questions, video tutorials and even 20 strategies to suit your level of knowledge. You can choose between Simple, Basic and Advanced strategies.

In the lower left corner of the screen there are buttons that allow you to configure the sounds on the platform and settings in which you can change the time zone, graphics quality or scaling. At the very bottom there is a blue button that allows you to quickly contact live chat support. On the right side of the platform there is a transaction terminal with options such as:

Time – Here you can choose what option expiry time you are interested in. The selection range is from 1 minute to 5 minutes.
Sum – The amount you want to invest.
Profitability – This is information about the return on investment you will get after you close a position correctly.
Up / Down Buttons – after selecting the expiry time and the investment amount, you can decide in which direction you want to open the position.

In the top right corner of the screen there is a large blue “deposit” button which allows you to make your first deposit quickly and easily. After clicking on the account balance, you can quickly switch between the demo account and the real account. With the demo account turned on, you will see the top-up symbol next to it. If you lose your virtual money, you can replenish it quickly.

There is an asset selector in the top left corner of the screen. Here you can select the asset you are interested in from the drop-down list. You can choose from: currency pairs, crypto, commodities, indices, stocks. You can add selected assets to your favorites for quick access. Note that if you want to select an asset, you have to click on the green percentage of return, not on the name of the asset. Next to the asset selector, there is a button that allows you to change the platform layout and set several instruments visible at the same time.

In the lower left corner of the screen, right next to the contact support button, there are tools that allow you to configure the chart, add indicators and draw on the chart.

Chart types available:

• Curve Area
• Candlesticks
• Bars
• Curve

Available indicators:

• SMA
• SSMA
• LWMA
• EMA
• SAR
• Alli Gator
• Bollinger Bands
• RSI
• Stochastic
• ATR
• Awesome Oscillator
• PVO
• HML
• Momentum
• MACD
• CCI

As you can see, the platform is very easy to use and every trader will be satisfied with its operation. To be honest, I don’t know what to fault because everything is in place and works great. Here you will find a modern platform, tons of indicators, high returns on investment, and even trading signals and the opportunity to participate in tournaments. And if you do not want to invest yourself, you can copy profitable traders. What more could you want?

Opening Binarium Account

Opening an account with this broker is very easy. Just click on the green button below and select “Sign Up” on the right. Then you need to enter your email address, password and choose the currency of your account. You can choose from:

• US Dollar
• Euro
• Australian Dollar
• Brazilian real
• Thai Baht
• Russian Ruble
• Ukrainain Hryvnia
• Kazakhstani tenge
• Vietnamese dong
• Indonesian rupiah
• Indian rupee
• Japanese yen
• Turkish lira
• Bitcoin (crypto)
• Litecoin (crypto)

If you want, you can use quick registration with the help of Google, VK and OK.ru. The entire registration process should not take more than 15 seconds!

Deposit & Accunt Types

The binarium, like many other binary options brokers, offers variable conditions depending on how much you deposit. With this broker, it is relatively cheap to get a satisfactory account type. Although I must admit that I do not like when the broker segregates clients into better and worse ones. Unfortunately, this is our reality and the one who makes a larger deposit will simply have a better chance of earning because the broker’s advantage will be simply smaller.

Start ($5-$99)

• 47 Trading Assets
• 1 withdrawal request per day
• $200 withdrawal limit per day
• $1000 withdrawal limit per month
• $100 Max amount of open trades (at one time)

Standard ($100-$499)

• 5% Tradeback
• Tradeback in bonus
• 51 trading assets
• 2 withdrawal requests per day
• $500 withdrawal limit per day
• $2500 withdrawal limit per month
• $250 Max amount of open trades (at one time)

Business ($500-$1999)

• 10% tradeback
• Tradeback in bonus
• 55 trading assets
• 5 withdrawal requests per day
• $1000 withdrawal limit per day
• $20 000 withdrawal limit per month
• Trading Room Business Type
• $1000 Max amount of open trades (at one time)

Premium ($2000-$4999)

• 12,5% tradeback
• Tradeback in bonus
• 80 trading assets
• 20 withdrawal requests per day
• $5000 withdrawal limit per day
• $50 000 withdrawal limit per month
• Trading Room Business Type
• $2500 Max amount of open trades (at one time)

VIP (>$5000)

• 15% tradeback
• Tradeback in real funds
• 84 trading assets
• No limit withdrawal requests per day
• $15 000 withdrawal limit per day
• $100 000 withdrawal limit per month
• Trading Room VIP Type
• No limit max amount of open trades (at one time)

As you can see, you have many types of accounts to choose from. In my opinion, the most profitable to start with is the Standard account because you get Tradeback. It is the percentage of the losses covered. If you lose $400 in a month, you will receive a $20 bonus return at the end of the month – you cannot withdraw this bonus. If you have a VIP account, you will receive a refund in the form of funds that you can withdraw. It is a pity that the trading signals contained in the Trading Room are only available for Business and higher accounts. If you care about a large selection of assets, choose the Premium package, which drastically increases the number of available instruments.

If the Binarium broker has convinced you and you decide to pay a deposit, it’s time to look at the available deposit and withdrawal methods. Binarium offers the following deposit methods:

• Mastercard
• VISA/Mastercard via ITEZ
• Webmoney
• PerfectMoney
• SticPay
• Bitcoin
• Etherium
• Litecoin
• Ripple
• FKWallet

Account Verification

Every broker these days requires a full account verification before making a withdrawal. This is, of course, to protect against money laundering. The broker cannot allow a situation where someone who earns money from illegal activities could legalize his money as profit from trading on binary options. Therefore, if you make a deposit and want to withdraw money, you need to verify your account. To do this, first fill in your details in the “Profiles” tab, then go to the “Verification” section and follow the instructions. Below is a list of documents that you can use to verify your identity and residential address.

To verify your identity, please send one of the following documents:

• ID Card
• Driving License
• Passport

To verify your adress, please send one of the following documents:

• Bank Statement
• Utility Bill
• Bank Payment Confirmation

Education

Binarium offers a very wide range of educational tools. On the left side of the platform there is the “Education” tab, in which there are guides on how to use the platform, basic terms and a list of 20 strategies divided by difficulty level. I am very pleased with the large number of video tutorials that are easy and understandable to read. If you are a beginner trader, be sure to check this tab.

Trading Room

This is a very interesting feature that is only available with a minimum deposit of $500. Thanks to this, you will get access to the Trading Room, which offers investment tips, access to industry news, quick answers to questions, 30 signals a day and a specially prepared training for beginner traders. In my opinion, you can learn a lot by using this feature. All content is prepared by financial analysts, so your knowledge will be very specific.

Binarium Support

Good multi-lingual support is essential for a broker operating all over the world. Binarium offers support in English and Russian. You can contact support via:

• Online Chat
• Call
• Email message
• Telegram Bot

In addition, the entire transaction platform and website are translated into several languages. Here is the complete list:

• English
• German
• Polish
• Itialian
• Indonesian
• Spanish
• Vietnamese
• Turkish
• Portugesee
• Japanese
• Hindi
• Thai
• Arabic
• Ukrainian

Binarium Summary – is it a scam?

Binarium is not a scam. The broker has proven many times that it is a trusted brand on the binary options market. Binarium is a great alternative to more popular brokers such as Expert Option or IQ Option. Binarium has better returns on investment and as good platforms as the brokers I compare. The only disadvantage of this broker is the limitation of functionality depending on what type of account you have.

To access all features, especially the Trading Room, you must deposit at least $500. What I am glad about is the minimum deposit amount of just $ 5 and the minimum investment of just $1. Thank you very much for reading this review – if you want to open an account with this broker please use the button below. Thanks to this, you will receive a special bonus!