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Score
Saint Vincent and the Grenadines
Suspicious Regulatory License
High potential risk
Influence
Add brokers
Comparison
Expose
Exposure
Score
Regulatory Index0.00
Business Index7.39
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
Danger
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Company Name
Binarium Limited
Company Abbreviation
Binarium
Platform registered country and region
Saint Vincent and the Grenadines
Company website
YouTube
Company summary
Pyramid scheme complaint
Expose
Binarium Review Summary | |
Founded | 2012 |
Registered Country/Region | St. Vincent and the Grenadines |
Regulation | No regulation |
Market Instruments | Currencies, futures, options |
Demo Account | ✅ |
Leverage | / |
Spread | / |
Trading Platform | Binarium APP |
Minimum Deposit | $5 |
Customer Support | Online 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 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.
Pros | Cons |
Low minimum deposit ($5) | Not regulated |
Multiple account tiers | Lack of transparency |
Demo account available | |
Various contact channels | |
Multi-lingual support |
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.
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.
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 Instruments | Supported |
Currency Pairs | ✔ |
Futures | ✔ |
Options | ✔ |
Commodities | ❌ |
Cryptocurrencies | ❌ |
Bonds | ❌ |
ETFs | ❌ |
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 Type | Minimum Deposit | Daily/Weekly Withdrawal Limit | Withdrawal Processing Time | Tradeback Bonus | Assets |
Start | $0 | $75 / $150 | Up to 5 days | None | 67 assets |
Standard | $100 | $200 / $500 | Up to 3 days | 5 % bonus | 76 assets |
Business | $500 | $500 / $2 000 | Up to 2 days | 10 % bonus | 92 assets |
Premium | $2 000 | $1 500 / $4 000 | 1 day | 12.5 % bonus | 113 assets |
VIP | $5 000 | $15 000 / $100 000 | 1 day | 15 % cashback (real funds) | 121 assets |
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 Type | Description | Amount / Example |
Spreads | Floating; varies by account type and instrument | Not fixed; depends on market |
Swap / Rollover | Overnight charge on positions held past 00:00 EET | Example: EUR/GBP short = –0.38 GBP/lot |
Commissions | Only charged on VIP accounts for CFDs on shares & futures | $4 per lot |
Non-trading Fees | |
Dormant Account Fee | 10 units/month after 12 months of inactivity |
Internal Transfer Fee | 0.5% for transfers between accounts with different currencies |
Custodian Fee | 30 units/month for asset safekeeping |
Currency Conversion | Charged when converting between currencies (exact cost not fixed) |
Platform | Supported | Devices | Suitable for |
Binarium APP | ✔ | Android and iOS | / |
MT4 | ❌ | / | Beginners |
MT5 | ❌ | / | Experienced traders |
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 Category | Minimum Deposit | Minimum Withdrawal | Fees | Processing Time |
Bank Cards | $5 | $5 | None | Usually instant deposit; withdrawals processed within finance hours |
E‑Wallets | Typically instant; withdrawal up to 1 business day | |||
Cryptocurrencies | Deposit credited in minutes; withdrawals within 1 business day | |||
Other Methods | Similar timing depending on method |
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.
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.
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