Binarymate-Overview of Minimum Deposit, Spreads & Leverage

General Information

Binarymate is allegedly a Seychelles-based brokerage launched in 2016, providing its customers with the most advanced platform for forex, options and CFD trading with 24×7 live video chat support.

Market Instruments

Binarymate advertises that it offers more than 100 trading instruments, which include but are not limited to forex, CFD and options.

Account Types

There are three live trading accounts offered by Binarymate, apart from demo accounts, namely Bronze, Silver and Gold. The Bronze account requires the minimum deposit amount of $250 with +20% bonus, while the Silver account is $1,000 with +50% bonus and the Gold account is $3,000 with +100% bonus.

Trading Platform Available

When it comes to trading platforms available,Binarymate gives traders two choices: Web and Mobile trading platforms. And there are three versions: Web, Android and iPhone. Traders can experience CFD and options trading by Android and iPhone based Mobile Platform. It is advertised as the most advanced platform that allows traders to stay connected with the global market and never miss a trading opportunity.

Deposit & Withdrawal

Binarymate accepts many different payment methods, such as VISA, MasterCard, Bitcoin, Altcoins and Ethereum. VISA and MasterCard requires 5% transfer fee, while Bitcoin, Altcoins and Ethereum with 0 transfer fee. The minimal amount allowed for withdrawal is $50, while the minimum deposit amount is $/€250. However, from the FAQ of this brokers website, we found there are three conditions for withdrawals. Firstly, for security reasons, identification of the person is required for all withdrawals, regardless of the withdrawal amount. Secondly, for account without bonus: trader has to reach a 100% turnover from deposited amount, to claim for for withdrawal. Thirdly, for account with bonus: trader has to reach 300% turnover from deposited amount, to claim for deposited amount and profit withdrawal.

Customer Support

Binarymate‘s customer support can be reached through telephone: English: 18299476393, Russian: 74997033774, Chinese: 33950396, Thai: 0221345671, Singapore: 96565425142, Australia: 61855507288, video chat or write to this broker via its website. Besides, you can also follow this broker on some social media platforms like Facebook, Instagram and Twitter. More other common contact information like email are not involved on Binarymate’s website.