Score

1.56 /10
Danger

Binarium

Saint Vincent and the Grenadines

5-10 years

Suspicious Regulatory License

High potential risk

B

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Score

Regulatory Index0.00

Business Index7.39

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

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40G

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Regulatory disclosure

Danger

CY CYSEC
2025-08-14
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Broker Information

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Company Name

Binarium Limited

Company Abbreviation

Binarium

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Facebook

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YouTube

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2025-08-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

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Binarium · Company summary
Binarium Review Summary
Founded2012
Registered Country/RegionSt. Vincent and the Grenadines
RegulationNo regulation
Market InstrumentsCurrencies, futures, options
Demo Account
Leverage/
Spread/
Trading PlatformBinarium APP
Minimum Deposit$5
Customer SupportOnline chat
Email: support@binarium.com
Phone: +357 22 052784, +44 203 695 7705
Social Media: Instagram, Telegram, Facebook, YouTube
Address: Binarium Limited 1599 СTD 2016, Suite 305 Griffin Corporate Centre P.O. Box1510, Beachmont, Kingstown St. Vincent and the Grenadines

Binarium Information

Binarium is a binary options broker founded in 2012 and run by Binarium Limited, a recognized corporation in St. Vincent and the Grenadines. Account tiers (Start, Standard, Business, Premium, and VIP) provide access to additional trading assets (67-121 instruments) and increased withdrawal limits. However, the company is not regulated by any acknowledged financial institution, and its legal documents indicates that agreements are made in Cyprus.

Binarium Information

Pros and Cons

ProsCons
Low minimum deposit ($5)Not regulated
Multiple account tiersLack of transparency
Demo account available
Various contact channels
Multi-lingual support

Is Binarium Legit?

Binarium is an unregulated broker. The company's address is in St. Vincent and the Grenadines, with transactions executed in Cyprus. It does not have licences from recognised regulators such as the FCA, CySEC, or ASIC.

license

According to WHOIS records, binarium.com was registered on July 28, 2008 and will expire on July 28, 2030. Because the broker operates outside of major regulatory frameworks, traders should be cautious and understand the dangers before creating an account.

domain

What Can I Trade on Binarium?

Binarium lets you trade binary options on a range of types of assets. The amount of instruments you can use depends on your account level: There are 67 assets in a Start account, 76 in a Standard account, 92 in a Business account, 113 in a Premium account, and 121 in a VIP account. Tradable Instrumentsinclude currency pairs, futures, and options

Tradable InstrumentsSupported
Currency Pairs
Futures
Options
Commodities
Cryptocurrencies
Bonds
ETFs
assets

Account Types

Binarium has five real account types and a demo account. Each level is based on how much money you deposit, and as you move up, you get more assets, bigger bonuses, and greater withdrawal limitations. There is no mention of an Islamic option that doesn't involve a trade.

Account TypeMinimum DepositDaily/Weekly Withdrawal LimitWithdrawal Processing TimeTradeback BonusAssets
Start$0$75 / $150Up to 5 daysNone67 assets
Standard$100$200 / $500Up to 3 days5 % bonus76 assets
Business$500$500 / $2 000Up to 2 days10 % bonus92 assets
Premium$2 000$1 500 / $4 0001 day12.5 % bonus113 assets
VIP$5 000$15 000 / $100 0001 day15 % cashback (real funds)121 assets
Account Types

Binarium Fees

Compared to other companies in the same field, Axiance's fees are on the low to moderate side. The trading spreads are competitive, especially for higher-tier accounts, and fees are only charged on certain VIP trades.

Fee TypeDescriptionAmount / Example
SpreadsFloating; varies by account type and instrumentNot fixed; depends on market
Swap / RolloverOvernight charge on positions held past 00:00 EETExample: EUR/GBP short = –0.38 GBP/lot
CommissionsOnly charged on VIP accounts for CFDs on shares & futures$4 per lot
Binarium Fees
Non-trading Fees
Dormant Account Fee10 units/month after 12 months of inactivity
Internal Transfer Fee0.5% for transfers between accounts with different currencies
Custodian Fee30 units/month for asset safekeeping
Currency ConversionCharged when converting between currencies (exact cost not fixed)

Trading Platform

PlatformSupportedDevicesSuitable for
Binarium APPAndroid and iOS/
MT4/Beginners
MT5/Experienced traders
Trading Platform

Deposit and Withdrawal

Binarium charges no fees for deposits or withdrawals. The minimum deposit and withdrawal amount are $5. Most deposits are processed immediately, however withdrawals are usually completed within one business day, depending on the payment type.

Method CategoryMinimum DepositMinimum WithdrawalFeesProcessing Time
Bank Cards$5$5NoneUsually instant deposit; withdrawals processed within finance hours
E‑WalletsTypically instant; withdrawal up to 1 business day
CryptocurrenciesDeposit credited in minutes; withdrawals within 1 business day
Other MethodsSimilar timing depending on method
Deposit and Withdrawal

News

Exposure ATTENTION! Red Alert on These Brokers !

The reputed regulator of the UK, the Financial Conduct Authority (FCA), issued a warning list yesterday and exposed three unlicensed and scam brokers who could swindle your money.

WikiFX
2025-06-17 18:40
  ATTENTION! Red Alert on These Brokers !

NewsWIKIFX REPORT: Unregulated Russian scam broker Binarium and its network of companies and domains!

Targeting customers in Europe, North America, and Asia, Binarium is an unlicensed Russian broker operating outside of Russia through legal firms in St. Vincent and the Grenadines and Cyprus.

WikiFX
2022-07-19 11:57
WIKIFX REPORT: Unregulated Russian scam broker Binarium and its network of companies and domains!

User Reviews

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User comment

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JacksonCheng
more than one year
The platform really caught my attention right off the bat with its low barrier to entry – a mere $5 to get started. This not only allowed me the flexibility to test the waters without making a substantial initial investment, but also demonstrated their commitment to offering accessible trading opportunities to traders at all levels. When it comes to the platform itself, its smooth operation stood out. It was responsive, quick, and the instances of high slippage were almost negligible, something that's hard to come by but incredibly important in the fast-moving forex markets where even the smallest delay can impact profitability. In terms of earnings, I'll be honest – I haven't made huge profits, partly due to conservative strategies. However, what I've gained extends beyond monetary value. The platform provided a wealth of trading experience, from adjusting to different market conditions to discovering new trade possibilities within the currencies I usually opt for. I've been able to test and tweak my strategies in a real-world setting without risking much capital due to the low entrance fee.
The platform really caught my attention right off the bat with its low barrier to entry – a mere $5 to get started. This not only allowed me the flexibility to test the waters without making a substantial initial investment, but also demonstrated their commitment to offering accessible trading opportunities to traders at all levels. When it comes to the platform itself, its smooth operation stood out. It was responsive, quick, and the instances of high slippage were almost negligible, something that's hard to come by but incredibly important in the fast-moving forex markets where even the smallest delay can impact profitability. In terms of earnings, I'll be honest – I haven't made huge profits, partly due to conservative strategies. However, what I've gained extends beyond monetary value. The platform provided a wealth of trading experience, from adjusting to different market conditions to discovering new trade possibilities within the currencies I usually opt for. I've been able to test and tweak my strategies in a real-world setting without risking much capital due to the low entrance fee.
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2024-02-01 10:03
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Ahmad 'Izzat
more than one year
I had a brief experience using Binarium's demo account and found that the experience was not satisfactory. Although the deposit threshold was low, the trading conditions were not great due to the high spread. Additionally, the demo account experience was too short for me to fully evaluate the platform.
I had a brief experience using Binarium's demo account and found that the experience was not satisfactory. Although the deposit threshold was low, the trading conditions were not great due to the high spread. Additionally, the demo account experience was too short for me to fully evaluate the platform.
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2023-03-22 12:15
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