BinaryMate
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Overview

Is Binary Mate a Scam or Legit Binary Options Platform?
✥ Binary Mate 100% Free Demo Account ✥ Full Review
BinaryMate Deposit & Withdrawal Procedures ✥ See Now!

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Details

BrokerBinaryMate
Website URLwww.BinaryMate.com
Support Number+1-829-9548077
Support TypesLive Chat, Phone, Contact Form, E-mail
Minimum 1st Deposit$250
BonusUp to 100%
Payout90%
Free Demo Account Open Demo
Account TypesBronze, Silver, Gold
Deposit & Withdrawal MethodsVISA, Master Card, JCB, American Express, Union Pay, Neteller, Perfect Pay, Web Money, Qiwi, Yandex Money, Bitcoin, OK Pay, AliPay
Number of Assets30+
Account CurrencyUSD, EUR
Overall Score8.7/10

Full Review

Established in 2016, Binary Mate is a relatively new binary options broker. They are operated by Senora Impex SA. This brokerage has garnered a lot of attention since their launch and recently we have also conducted a review on them. We investigated their trading platform, account types they offer and all of their features. We find that Binary Mate is an impressive broker that offers a host of impressive services. Our review contains details about this broker and why they are a good choice.

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How To Trade With Binary Mate?

Before you can trade with BinaryMate, you must open a trading account. Then, you will be required to fund it and choose the assets you want to invest in. Binary Mate offers a nice selection of tradeable assets. There are also many different options that you can choose based on your individual preferences.

Traders can choose from different account types as well. Basically, BinaryMate has an account type for every level of trader. Whatever your budget or experience in trading, you will find an account type that suits you.

No Download Required

Binary Mate operates on a web based trading platform. This means that there is absolutely no need to download any software. As long as you have your login details, you can access your account from anywhere in the world. You can use a computer or a mobile device that is connected to the internet and execute trades.

Review Verdict: Binary Mate is NOT a Scam

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How To Get Started?

There are some simple steps that traders must follow when it comes to getting started with BinaryMate. The first thing that must be done is open a trading account. For this, traders must complete the sign up form. Next, traders must add funds to their account and the amount depends on the type of account they choose. The last step is choosing assets to trade from the list that is available from the broker and earning profits on investments.

Returns

Returns on investments can go up or down depending on the choices of traders. For some assets, the returns can go as high as 95%. Sometimes, it can be between 65% and 85%. It all depends on which assets you choose to trade and the trading options you choose.

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Cost

It doesn’t cost anything to open a trading account at Binary Mate. The services of the broker are absolutely free provided that you keep your account funded. The amount that you add to your trading account will be used by you for trading. So the more you add, the more investments you will be able to make and the better your profitability will be.

Is Binary Mate Scam Or Legit?

Choosing a binary options broker these days is not easy because the market is flooded with bogus and fraudulent brokers. But when we look at Binary Mate, we have no reason to believe that they are also a scam. They offer genuine services and a trading platform that is impressive.

Traders can enhance their profitability when they trade with Binary Mate. The broker has used high end technology to provide traders with a secure and comfortable trading experience. Their brokerage is led by highly trained professionals and this is the reason there is nothing to worry about trading using their platform. In addition, there are many positive comments and reviews about them online which shows that they are truly reliable and genuine.

Minimum Deposit and Withdrawal Procedure

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The minimum deposit requirement at BinaryMate is $250. The minimum withdrawal requirement is $50. There are many different methods that traders can use to make payments and withdraw funds. These include Bank Transfer methods, credit cards, PayPal, Neteller, Bitcoin and many others.

Withdrawals can take up to 10 working days, but expedited withdrawals are available for holders of higher account types. They also charge a fee for processing withdrawals and the amount depends on the method chosen for withdrawing funds.

Account Types and Bonuses

There are three types of accounts available for traders. These include:

  • Bronze Account – this can be set up with a deposit of $250. In addition to a 20% welcome bonus, traders get a demo account for practice and live video chat.
  • Silver Account – to get started with this account type, traders must deposit at least $1000. Traders get a welcome bonus of 50%, 3 risk free trades, Master class and all the benefits that Bronze account holders get.
  • Gold Account – the minimum deposit requirement to open this account is $3000. The welcome bonus is 100%. Other benefits include Swiss prepaid card, trading protection, personal success manager and the benefits that holders of other account types qualify for.

Trading Platform

binarymate-platformBinary Mate operates on a platform that they have built on their own. It is a proprietary software that is unique and consists of a range of special features to enhance trading experience.

The experience of many traders show that the software has been designed in such a way that it contributes significantly to the success of traders. The success rate is also pretty high.

Customer Support

If you are looking to contact a customer service assistant at BinaryMate, you can give them a call on their phone number, send them an email or chat with them live. Live video chat option is also available which is quick and convenient. The team is happy to provide support and assistance round the clock. They are friendly and very professional.

Testimonials

samuel“BinaryMate has completely changed my perception about online trading. I have been scammed a couple of times before and I have also faced withdrawal problems with quite a few brokers. But Binary Mate is different as they don’t hold onto your earnings after you request a withdrawal. They process withdrawals quickly.

Their support team is also very helpful and provided the assistance I needed when making a withdrawal.”

Samuel, 29

Conclusion

editors choiceThere are a number of things that are good about Binary Mate. Their trading platform is amazing and the range of tools and educational materials they offer for learning is also impressive.

We are quite happy with the broker, the kind of returns that traders can expect from their investments and also with their customer support team that is responsive and very professional. BinaryMate is a 100% legit broker and you will be in safe hands if you choose them for online trading purposes.

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