BinaryMate offers some unique benefits including guaranteed withdrawal processing within one hour and 24/7 live video support. Offering different account levels based on deposits and rewards, both bonus funds and risk-free trading, on certain account levels conditions will apply.
Key points:
- minimum trade $1
- minimum deposit $250
- 1 hour withdrawal process
- $20,000 prize pool tournament
American residents can open an account and the company also offers a demo account for potential new traders to try out the platform. BinaryMate knows what will disappoint its customers.
Trading Platform
The platform and the trading area look smooth and uncomplicated, all the options a trader has to do are easy to access and easy to use, one of the attractive things of binary options is its simplicity in comparison to the craft. Another trading vehicle – and the trading platform ensures that it will remain here.
The price chart includes an expiry time with a visual line on the chart and a dotted line showing when a trade must be placed, when a trade is displayed on the chart and the graph updates its position when the price changes. same chart
The trading options are at the top of the screen and to the right, the underlying assets and expiration are set at the top of the screen using a simple drop-down menu, the trade size is located in the top right corner of the trading area and The trading buttons below them are very clear, with the current strike price showing between them, so the trader can definitely see the price they are trading at.
The payout of that asset is shown on the right – both the percentage and potential payout based on the selected trade size.There are also some additional features on the platform such as charting and bar options. ‘Sentiment’, which shows what direction traders are forecasting.
The trading area is easy to use and looks good – it pulls in everything a trader needs in an organized and functional way.
Trader’s Choice
There are 3 types of digital commerce:
- Standard High/Low
- 60 seconds
- Press one button
The selection of underlying assets includes currency pairs (Forex), common ranges, stocks, indices and commodities. The range at BinaryMate is comparable to most of the leading brands with the most popular assets listed.
Payouts are up to 90%, but they vary depending on the market – and the expiration time and the specific underlying asset. In general, payouts with BinaryMate are good compared to competing firms.
Mobile Apps
The mobile platform is designed for both Android and iOS (iPhone and iPad_) and takes advantage of each operating system’s strengths. The web version looks and works just like the mobile version, this provides a seamless user experience for traders with movement between the two.
The mobile app offers instant trading. But it also offers account management options and full charting tools.Traders can also list their full trading history on mobile.It is a very robust offering and has been carefully developed and crafted.
Withdrawal
The company has industry leadership in terms of 1 hour processing promises, this is superior to other comparable companies and is a definite plus point. as soon as possible to avoid delays in payments or any disputes.
Withdrawal methods include bank transfers, debit and credit cards, and a full range of e-wallet services including Paypal, Neteller, and Web Money BinaryMate. Bitcoin deposits are also accepted, which is a unique selling point for cryptocurrency users, the minimum amount that can be withdrawn is $50.
Paxum
The company also offers deposits and withdrawals through a new e-wallet provider – Paxum. The new company Paxum offers services similar to Paypal and Skrill. So far, BinaryMate is the only company accepting payments (and withdrawals) through Paxum services.
Some bonus terms and conditions will imply a turnover requirement before any withdrawal can be made, hence it is important to read the terms of the bonus received – if the turnover requirement may not be met then traders can ( and should) reduce the bonus
Competition
There are regular contests where traders can compete against each other for a prize pool of $20,000.The terms and conditions of each contest may vary, some decide on the amount of trades, others on specific profits or assets.They are attractive features. Interesting and popular among traders, at least 20 contestants win weekly contests.
Demo Account
BinaryMate offers a demo account. But traders are required to register and discuss the demo with the account manager, there may also be time limits on the length of time that the demo account can be used, while the demo account offering is obvious. But this is one point where brands can attract more customers and offer unlimited demos to showcase their platform to a wider audience.