Binarium Broker Review

Author By Jeffrey Cammack
Updated: March 1, 2021
Overall Rating
2.09 2.09 / 5
🏦  Min. DepositUSD 5
🛡️  Regulated By
💵  Trading Cost 
USD 100
⚖️  Max. Leverage-
💹  Copy Trading
🖥️  Platforms
💱  Instruments 
Alert0 of retail investor accounts lose money when trading CFDs with this provider
Last updated on 1 Mar 2021
by Editorial Director Jeffrey Cammack
Jeffrey Cammack

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Our verdict on Binarium

🏦  Min. DepositUSD 5
🛡️  Regulated By
💵  Trading Cost 
USD USD 100
⚖️  Max. Leverage-
💹  Copy Trading
🖥️  Platforms
💱  Instruments 

Overall Summary

Regulation
000000/ 5
Trading Conditions
111003/ 5
Trading Platforms
110002/ 5
Deposit & Withdrawal
100001/ 5
Education & Research
10.50001.5/ 5
Assets Available
111104/ 5
Customer Service
111104/ 5
Beginner Friendly
Poor
Welcome Bonus

Account Information

Base Currencies
USD
Number of FX Pairs
20
Crypto Pairs
3
Copy Trading
Hedging Allowed
Scalping Allowed
Islamic Account

Trading Conditions

Account Name
Trading Desk
Commission
Fees Included in Spread
EUR/USD
0 pips
GBP/USD
0 pips
USD/JPY
0 pips
Negative Balance Protection

Company Details

Company Name
Binarium Limited
Founded
2012
Website
Website Language
English
Support Language
English
Office Locations
Latvia, Ukraine, Cyprus, St Vincent

Pros

  • Low minimum deposit

Cons

  • Limited demo account
  • Poorly regulated
  • Unpublished spreads
  • Limited currency pairs
Alert0 of retail investor accounts lose money when trading CFDs with this provider
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