Binarium Broker Review
Binarium is a binary options broker popular among beginners due to its simplicity and low entry barrier. We explore its platform, features, advantages, and drawbacks for traders.
Our Rating
Minimum Deposit
$5
Maximum Payout
Up to 90%
Demo Account
Available ($10,000)
Regulation
None
Start with a free $10,000 demo account
Pros
Low Entry Barrier
Minimum deposit of $5 and trades from $1, ideal for beginners.
User-Friendly Platform
Intuitive interface with mobile apps for iOS and Android.
Bonuses and Promotions
100% bonus on first deposit and up to 15% tradeback.
Fast Withdrawals
Funds withdrawn within 1–3 days for verified accounts.
Cons
Lack of Regulation
Not regulated by major financial authorities.
Limited Assets
Around 100 assets, fewer than some competitors.
Withdrawal Issues
Some users report delays and strict verification requirements.
In-Depth Binarium Review
Regulation and Security
Binarium, operated by Binarium Limited (registered in St. Vincent and the Grenadines, registration number HE321566), lacks licenses from major regulators like FCA, CySEC, or ASIC, posing a significant risk. However, the platform employs SSL encryption, 3D Secure, and segregates client funds in European bank accounts, providing a basic level of security. Learn More
Trading Assets
Binarium offers around 100 trading instruments for binary options, including:
Currencies (Forex)
30+
Cryptocurrencies
8+
Stocks
40+
Commodities
10+
Includes 8 OTC assets for weekend trading. Learn More
Trader's Toolkit
Platform Type: Proprietary web platform and mobile apps for iOS and Android.
Charts and Analysis: Supports candlestick, line, bar, and area charts, with basic indicators (RSI, MACD) and technical analysis tools.
Special Features: Trading signals from experienced traders and copy trading for beginners. Tournaments with prize pools up to $1,500.
Mobile App: Fully functional apps with fast order execution. Learn More
Cost Breakdown: Fees and Payouts
Binarium offers competitive conditions with minimal fees, though traders should be aware of potential withdrawal charges.
| Fee Type | Rate/Cost | Conditions/Notes | Our Assessment |
|---|---|---|---|
| Trading Fee | 0% | Included in the spread for binary options. | Low |
| Payout % (EUR/USD) | Up to 90% | Varies by asset and market conditions. | High |
| Inactivity Fee | $50/year | Charged after 90 days of inactivity. | Moderate |
| Deposit Fee | 0% | Broker covers payment system fees. | Low |
| Withdrawal Fee | 0% or 10% | 10% if trading turnover is less than 2x the deposit. | Moderate |
| Currency Conversion Fee | Varies by bank | Applies for deposits in a different currency than the account. | Moderate |
Fee Summary: Binarium charges no trading or deposit fees, but a 10% withdrawal fee may apply with low trading turnover. Bonuses require a 40x turnover for withdrawal. Learn More
Fund Transactions: Deposits and Withdrawals
Binarium supports 18 payment methods, including cards, e-wallets, and cryptocurrencies.
| Method | Deposit | Withdrawal | Broker Fees | Min. Deposit | Min. Withdrawal |
|---|---|---|---|---|---|
| Visa/Mastercard | 0% or 10% | $5 | $5 | ||
| QIWI | 0% or 10% | $5 | $5 | ||
| WebMoney | 0% or 10% | $5 | $5 | ||
| Bitcoin (BTC) | 0% | $5 | $5 | ||
| Neteller | 0% or 10% | $5 | $5 |
Important: Withdrawals take 1–3 days for verified accounts, up to 5–7 days for unverified ones. A 10% fee may apply with low turnover. Learn More
Our Verdict
Binarium is an excellent choice for beginner traders due to its low minimum deposit, demo account, and intuitive platform. However, the lack of regulation and occasional withdrawal delays require caution. We recommend testing with a demo account and starting with small investments. Learn More
Explore Other Reviews
Compare Binarium with other leading brokers to make an informed choice.