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BINETRIX

BINETRIX | 2025-01-03 15:09

Abstract：BINETRIX is an unregulated product that offers a range of market instruments including cryptocurrencies, indices, commodities, and stocks. The lack of regulation raises concerns about the product's overall reliability. BINETRIX offers six different account types with varying interest rates but lacks transparency regarding leverage, spreads, and additional fees. The minimum deposit requirement is 1,000 EUR, and the broker provides two trading platforms: a web app and a mobile app. BINETRIX accepts clients from specific countries but has received highly negative reviews, with users expressing dissatisfaction, excessive fees, and a lack of regulatory licenses, indicating a lack of trustworthiness and reliability.

Currently, the official website of BINETRIX(https://binetrix.com/) is unable to open.

BINETRIX Review Summary
Founded	2023
Registered Country/Region	Saint Vincent and the Grenadines
Regulation	Unregulated
Market Instruments	Cryptocurrencies, Indices, Commodities, Stocks
Demo Account	Unavailable
Trading Platform	Mobile app, Web app
Min Deposit	1,000 EUR
Customer Support	Phone: +44 7868808958
	Email: support@binetrix.com
	24/7 Online Chat: No
	Physical Address: Suite 334, Beachmont Business Centre, Kingstown, Saint Vincent and the Grenadines

BINETRIX Information

BINETRIX is an unregulated financial platform. It offers indexes, stocks, trade for goods, and cryptocurrencies. It asks a minimum deposit of 1,000 EUR and provides web and mobile trading apps for users. However, it doesn't mention the leverage and expense structure.

Pros and Cons

Pros	Cons
Offers trading in cryptocurrencies, indices, commodities, and stocks	Unregulated
Provide Web trading platform and mobile app	No mention of fee structure
	High minimum deposit of 1,000 EUR

Is BINETRIX Legit?

BINETRIX operates without regulation.

What Can I Trade on BINETRIX?

BINETRIX offers cryptocurrencies, indices, commodities, and stocks for trading.

Tradable Instruments	Supported
Cryptocurrencies	✔
Indices	✔
Commodities	✔
Stocks	✔
Forex	❌
ETFs	❌
Bonds	❌

Account Types

Six account options are offered by BINETRIX include variable minimum deposits and interest rates along with no broking costs. There's no broking cost involved. There are not Islamic or Demo accounts.

Attribute	Opening	Horizon	Heritage	Fortune	Great Fortune	Infinite
Min Deposit	1,000 EUR	5,000 EUR	15,000 EUR	50,000 EUR	150,000 EUR	300,000 EUR
Interest Rate	3%	4%	5%	6%	7%	7%
Brokerage Fees	None	None	None	None	None	None

BINETRIX Fees

The fees at BINETRIX are not mentioned.

Trading Platform

BINETRIX doesn't provide popular Meta Trader 4/5 trading platform, but it offers its unique mobile and web app.

Trading Platform	Supported	Available Devices	Suitable for
Mobile App	✔	iOS, Android	Traders preferring mobile access
Web App	✔	Browsers on all devices	Traders preferring browser-based access
MetaTrader 4/5	❌	-	-

Deposit and Withdrawal

BINETRIX does not mention its payment methods or fees. The minimum deposit starts at 1,000 EUR for the Opening account.

Leverage Clearing Broker Currency Pair

Related broker

No Regulation

BINETRIX

Company name：BINETRIX

Score

1.36

Website：https://binetrix.com/

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.36

What Happens When a Broker Goes Bankrupt?

Many trust brokers to hold their funds securely and facilitate their trades. However, when a broker collapses, the situation can become uncertain. Knowing what happens in such cases can help traders prepare and reduce potential losses.

Original 2025-02-03 16:52

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