Information about Binarymate Broker
Binarymate is a brokerage company targeting beginners in the investment field. Registered in the Seychelles, owned by Algobit Ltd. The company’s office is located at 309&310 Office, Albert Street Victoria, Mahe. There is no information on the website about having a license, but a badge is displayed, presumably indicating the presence of relevant permits.
Trading Assets
Binarymate offers over 100 trading assets, including stocks, currencies, indices, and commodities. Trading conditions are not presented on the website.
Deposits and Withdrawals
The broker offers various ways to fund the account: by bank card, bank transfer, or payment system. A 5% commission is charged only when using a card for depositing. Withdrawals are commission-free and processed within one hour. Clients’ funds are held in European banks in separate accounts for security.
Platform and Accounts
Binarymate offers its clients a trading platform available for web version, Android, and iPhone. More detailed information about the platform is not available. Clients can choose between three account types: Bronze (from $250 to $1,000), Silver (from $1,000 to $3,000), and Gold (from $3,000 to $50,000). A demo account with virtual money is available for inexperienced traders.
Features of the Binarymate Website
The Binarymate website is available in multiple languages. Legal documents such as User Agreement and Privacy Policy are present on the site. Educational materials, news, and market analysis are absent. The site offers an automatic translation feature for visitors’ convenience.
Customer Support
The Binarymate technical support system includes group and private chat for communication with company representatives. A contact phone number is provided on the website. A feedback form and email are not provided.