Bubinga Broker Review
Bubinga is a binary options and CFD broker popular in Asia. We explore its platform, features, advantages, and drawbacks for traders of all levels.
Our Rating
Minimum Deposit
$5
Maximum Payout
Up to 95%
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.
Copy Trading
Option to copy trades from experienced traders.
User-Friendly Platform
Simple interface with mobile apps for iOS and Android.
Bonuses and Promotions
Regular deposit bonuses and promotional offers for traders.
Cons
No Regulation
Not regulated by major financial authorities.
Limited Assets
Fewer instruments compared to larger brokers.
Restricted Availability
Not available in some countries, including the US and EU.
In-Depth Bubinga Review
Regulation and Security
Bubinga is operated by Northern Orion LLC, registered in St. Vincent and the Grenadines. It lacks licenses from major regulators like FCA, CySEC, or ASIC, which may pose risks for some traders. However, the platform uses SSL encryption for data security and has been operating since 2012, gaining traction in Asia and other regions. Learn More
Trading Assets
Bubinga offers around 70 trading instruments, including binary options and CFDs:
Currencies (Forex)
20+
Cryptocurrencies
5+
Stocks
30+
Commodities
10+
Details: Bubinga Trading Assets
Trader's Toolkit
Platform Type: Proprietary web platform and mobile apps for iOS and Android.
Charts and Analysis: Supports candlestick charts, basic indicators (RSI, MACD), and technical analysis tools.
Special Features: Copy trading allows users to replicate trades from successful traders. Also offers deposit bonuses and analytical tools.
Mobile Apps: Full-featured apps for iOS and Android with trading and analytics support.
Cost Breakdown: Fees and Payouts
Bubinga offers competitive conditions with minimal fees, making it accessible for beginner traders.
| Fee Type | Rate/Cost | Conditions/Notes | Our Assessment |
|---|---|---|---|
| Trading Fee | 0% | Included in the spread for CFDs. | Low |
| Payout % (EUR/USD) | Up to 95% | Varies by asset and market conditions. | High |
| Inactivity Fee | $5/month | Charged after 90 days of inactivity. | Moderate |
| Deposit Fee | 0% | Broker charges no deposit fees. | Low |
| Withdrawal Fee | Varies by method | Payment system fees, up to 3.5%. | Moderate |
| Currency Conversion Fee | Varies by bank | Applies when depositing in a currency different from the account currency. | Moderate |
Fee Summary: Bubinga offers low fees, but traders should be aware of potential payment system fees for withdrawals. Bonuses may require significant trading volume to withdraw. Learn More
Fund Transactions: Deposits and Withdrawals
Bubinga supports various payment methods, including cards, e-wallets, and cryptocurrencies.
| Method | Deposit | Withdrawal | Broker Fees | Min. Deposit | Min. Withdrawal |
|---|---|---|---|---|---|
| Visa/Mastercard | Up to 3.5% | $5 | $10 | ||
| Skrill | Up to 2% | $5 | $10 | ||
| Neteller | Up to 2% | $5 | $10 | ||
| Bitcoin (BTC) | 0% | $5 | $10 | ||
| Perfect Money | Up to 1% | $5 | $10 |
Important: Withdrawals typically take 1-5 business days, depending on the method. Cryptocurrency transactions may be faster. Learn More
Our Verdict
Bubinga is a suitable choice for beginners due to its low $5 minimum deposit, demo account, and copy trading feature. The lack of strict regulation is a drawback, but its user-friendly interface and bonuses are appealing. We recommend testing the platform with a demo account before depositing funds. Learn More
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