BinTrade review

On-line since: 2020
Country of origin: Belize
Regulation: -
Payment options: Visa, MasterCard, QIWI, Yandex.Money, Perfect Money, PAYEER, AdvCash, Bitcoin, Ethereum, Litecoin
Minimum account size: $10
Minimum lot size: -
Leverage: up to 1:200
Spreads: floating

About the company:

The binary options broker has been operating since 2020. The company is registered in Belize. The broker is not regulated by any supervisory authority.

The company describes the following advantages on its website: high profitability for all currency pairs (up to 85%), a well-thought-out KnowYourCustomer and AntiMoneyLaundering policy, the availability of auxiliary trader tools, a low entry threshold, a transparent business policy towards clients, an intuitive interface for innovative trading platforms, a wide range of trading indicators, fast order execution, professional technical support, providing a useful trading experience, a trading platform adapted to any device, a wide range of market analytics, asset protection, thanks to modern information encryption protocols.

Trading conditions

The broker has a single type of trading account - Live Account. A demo account is also available for novice traders so that they can comprehend the world of online trading without risks and investments. To become a client of the broker, you need to register a trading account and make a minimum deposit of $10. Assets available for trading with a broker - Forex, cryptocurrency. The company's website has an educational base where traders can increase their binary options skills: webinars, e-books, a glossary, analytics of daily events and market reviews. Among other things, the broker offers an affiliate program for those who do not want to trade directly. The program offers to attract clients for registration and receive up to 80% of their income in online trading. It is also stated that there is a welcome bonus system, but the details are only available after registration. The broker does not hold contests, as well as there are no Pamm and Mam accounts for trust management.

Trading platforms

The company offers to use its own custom BinTrade platform. Its advantage is that it is adapted not only to a computer, but there is also a version for trading through a browser and a mobile application.

Technical support

As indicated on the site, customers can contact technical support specialists by writing an email to admin@bintradeclub.ru.

Deposit/Withdrawal

Clients can withdraw profits or deposit their trading account via Visa, MasterCard, QIWI, Yandex.Money, Perfect Money, PAYEER, AdvCash, Bitcoin, Ethereum, Litecoin.

Trader reviews

On the Internet, we found quite a lot of reviews about this broker. The vast majority are strongly negative. If positive reviews are found, then they are very similar to custom ones. Basically, claims about the inability to withdraw funds, unqualified technical support, there are also accusations of a scam.

Broker Advantages

• Many ways to deposit
• affiliate program

Broker Disadvantages

• Inability to withdraw funds
• Scam allegations
• Few assets
• Unqualified technical support

Conclusion

Whatever golden mountains the broker offers you, carefully check all the elements of reliability: work experience, the presence of a regulator, truthful reviews, communication with traders on the forums and the functionality of the site. This review is not advice or recommendation.