BinaryMate has rebranded RaceOption.
BinaryMate offers some unique benefits, including guaranteed withdrawals in one hour, and live video support 24 hours a day. Firm Both Deposit and Rewards offer different account levels based on bonus funds, and risk free trades at some account levels – conditions will apply.
key points:
- $1 minimum trade
- $250 minimum deposit
- 1 hour return processing
- $20,000 Prize Pool Contest
US residents are able to open an account and the firm also offers a demo account for potential new traders to try out the platform. A wide range of brand deposit and withdrawal options offers – and 1 hour processing is an interesting offering, which BinaryMate knows can leave customers disappointed elsewhere.
trading platform
The platform and trading area looks slick and simple. All the options traders need are simple to access and easy to use. One of the attractions of binary options is simplicity compared to other trading vehicles – and the trading platform makes sure that is maintained here.
Price charts include expiration times, with a visible line on the chart, and a dashed line showing when a trade should be placed. Placed as a trade is displayed on the chart, and the graph will update the position as the price changes. Any number of trades can be opened on the same chart.
The trading options are on the top and right side of the screen. The underlying asset and expiry are set using simple drop down menus at the top of the screen. The trade size is located at the top right of the trading area, and below are the trading buttons. They are very clear, shown between them with the current strike price, so a trader can see exactly the price they are trading at.
Payouts for the particular asset are shown on the right – both the percentage and the potential payout depending on the trade size chosen. The platform also has some additional features, for example charting options and a ‘sentiment’ bar, which shows the direction traders are currently forecasting.
The trading area is very easy to use and looks great – it pulls together everything a trader could need, in a clean, usable way. That clarity then the mobile app But transfers pretty well, which looks like it’s similar.
merchant’s choice
There are 3 types of digital business available:
- Standard High / Low
- 60 seconds
- one touch
The choice of underlying assets includes the usual range of currency (forex) pairs, stocks, indices and commodities. BinaryMate’s range is comparable with most leading brands, including all popular assets are listed.
Payouts reach up to 90%, but will change depending on the markets – and the time of expiry and the specific underlying asset. In general, payouts with BinaryMate are good relative to rival companies. Are.
mobile app
The mobile platform is designed for both Android and iOS (iPhone and iPad_) and takes advantage of the strengths of each operating system. The trading platform for both web and mobile was designed with the idea of being the same on any device. The web version looks and operates identical to the mobile version. This provides a seamless user experience for traders trading between the two.
The mobile application provides quick execution of trades, but also delivers account management options and full charting tools. Traders can also list their full trade history on mobile. It is a very robust offering and has been thoughtfully developed.
withdrawal
The firm boasts of an industry leading 1-hour processing promise. This is far better than any comparable firm and is a definite plus point. < span class=”notranslate”> To request a withdrawal, users must complete the verification process. This should be done as soon as possible to avoid delays with payments or any disputes It is worth doing this.
Withdrawal methods include wire transfers, debit and credit cards, and a full range of e-wallet services, including PayPal, Neteller, and Web Money. Binarymat can also accept bitcoin deposits. accepts – a unique selling point for users of cryptocurrencies. The minimum amount that can be withdrawn is $50.
Paxum
The firm also offers deposits and withdrawals through a new e-wallet provider – Paxum. A new firm offers services similar to Paxum, PayPal and Skrill.< /span> As of now BinaryMate is the only firm accepting payments (and withdrawals) through the Pexum service.
Some bonus terms and conditions will mean that turnover requirements are set before any withdrawals can be made. For this reason, it is important to read the terms of any bonus offered. – Traders can (and should) reduce the bonus if the turnover requirements cannot be met.
contests
There are regular contests where traders can compete with each other for a prize pool that totals up to $20,000. The terms and conditions of each contest may vary. There are, but they are for experienced traders and beginners alike. Some are decided based on the number of trades, others based on profit or a particular asset. They are an interesting feature though, and popular among traders. At least 20 traders win the contest each week.
demo account
BinaryMate does offer a demo account, but traders will need to register and discuss a demo with an account manager. There may be restrictions. While offering a demo account is clearly a plus, it is an area where the brand can be more customer focused and reach a wider audience. can offer unlimited demos to show their platform to