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 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 | 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 |
BINETRIX operates without regulation.
BINETRIX offers cryptocurrencies, indices, commodities, and stocks for trading.
Tradable Instruments | Supported |
Cryptocurrencies | ✔ |
Indices | ✔ |
Commodities | ✔ |
Stocks | ✔ |
Forex | ❌ |
ETFs | ❌ |
Bonds | ❌ |
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 |
The fees at BINETRIX are not mentioned.
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 | ❌ | - | - |
BINETRIX does not mention its payment methods or fees. The minimum deposit starts at 1,000 EUR for the Opening account.
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