Binary Mate Review: | 2024 Update
This Binary Mate review has been updated for 2024 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about Binary Mate to give you the most comprehensive guide available.
Binary Mate is a world class broker that was founded in 2013. They have around 1410 employees that help the company offer Financial Markets Access, to 10,000+ customers through Android ,iPhone,Mac,iPade.
Binary Mate Guide – Read our In-Depth Binary Mate Review
Binary Mate Rating: 5.97 / 10
This Binary Mate review page contains information about investing with Binary Mate. It is intended for educational purposes only and should never be considered financial advice. comparebrokers.org is not a brokerage or advisory service. We do not recommend or advise that investors buy or sell securities or stocks.
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Please note that due to regulations, the content in this review of Binary Mate does not apply to users in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
This Binary Mate review contains the latest details about Binary Mate.
If you're new to the realm of trading online and brokers, so many details will no doubt be perplexing for you. Getting into the area of online trading requires expert assessing skills and thorough knowledge. You'll get proficient at all of the concepts of online trading and brokerages as you keep trading. For starters, you have to choose the right broker who will constantly be transparent with you.
In this fast-paced world of financial markets and trading, you'll need guidance to make educated decisions. A professionally lead investment partner could aid you in minimising any losses and maximising any returns. Binary Mate is one such broker which can help you. It is important to know about any broker until you trust them with your cash.
When engaging in online trading with platforms such as Binary Mate, it's crucial to carefully assess Binary Mate as your broker, as this choice can determine your success. Selecting the right broker is vital for your Binary Mate investments to flourish. However, be cautious of counterfeit and untrustworthy brokers hiding in the shadows, ready to exploit naive traders.
It's essential to be vigilant and comprehensive in your Binary Mate broker selection to protect your hard-earned money. Performing your due diligence and researching the reliability of Binary Mate, its track record, and reputation is vital. Moreover, ensure the Binary Mate broker's offerings, trading tools, fees, and regulation align with your objectives.
Remember, Binary Mate should be a supportive ally on your trading journey.
Our team has strived to simplify the intricate world of trading with Binary Mate into easily understandable information in this Binary Mate review. Our goal is to equip you with the knowledge necessary to confidently use Binary Mate trading tools, ranging from depositing and withdrawing funds to executing trades.
We recognize that well-informed decisions with Binary Mate are the cornerstone of successful trading. As such, we've provided this in-depth Binary Mate review. So, make yourself comfortable, grab a cup of coffee, and immerse yourself in learning about Binary Mate and how it can benefit you, or if Binary Mate might not be the right fit for you.
Binary Mate Review for 2024 – Quick Summary
Binary Mate Telephone: | |
Binary Mate Support Email: | |
Binary Mate Address: | |
Year Founded: | 2013 |
Regulated By: | Cyprus Securities and Exchange Commission (CySEC) |
Hedquarters: | Malaysia |
Minimum Deposit: | $1000 |
Number Of Clients: | 10,000+ Binary Mate users and traders |
Binary Mate LinkedIn: | |
Binary Mate Facebook: | |
Binary Mate Facebook Likes: | 0 |
Binary Mate Twitter: | @ |
Binary Mate Twitter Followers: | 0 |
Binary Mate Instagram: | |
Binary Mate Instagram Followers: | 0 |
Binary Mate Youtube: | |
Your capital is at risk |
Our entire Binary Mate review for beginners covers all you need to know about trading with Binary Mate. A fantastic agent can take your initial investments and help to protect it from losses but also provide you a platform that can help to give you positive profits. If you would like to earn profits, you should trade with a brokerage service that contrasts with your investing goals.
Of course, there is no sure-fire way to guarantee profits; therefore, you should carefully analyze your broker before you choose them. It is a frequent misconception that all agents will be exactly the same, but that is not true. Wrong judgment, in the beginning, can put your investments at risk.
Binary Mate is a trading partner that has forged its way successfully into the broker world. Within this review, we've tried to collate a number of the vital aspects of Binary Mate. This guide can help you to learn whether Binary Mate is a great fit for your own investments or not. We've tried to breakdown all the qualities and charges for your advantage.
Who are Binary Mate?
Binary Mate is a forex broker with its headquarters in Malaysia and provides a variety of tools for trading. Since its inception in 2013 they have emerged as a leading player in the field of online trading. Binary Mate has a highly professional and full-featured trading site that's focused on forex, indices, metals, sharesand commodities.
Over the past 11 years, Binary Mate has developed into one of the top online brokers available to the public.
After establishing itself in 2013, their client base has become as large as 10,000+ clients.
Binary Mate is a favourite of many traders . Our Binary Mate account review found that they're a superb solution for online trading options. They're best suited for investors who are searching for an assortment of assets. Social and easy to use trading options are the core at Binary Mate.
Technology plays a substantial role in Binary Mate. They offers trading on Android ,iPhone,Mac,iPade. Binary Mate is honest, transparent, and also a well-regulated agent by the Cyprus Securities and Exchange Commission (CySEC). Their outstanding array of tools will be beneficial for most traders. Third-party partnerships also provide in-house analysis.
The educational section at Binary Mate is quite insightful for new dealers as it allows them to have a closer look at the financial markets. Binary Mate caters to all sorts of traders and are a must-have broker for any well-diversified approach to online trading.
Benefits of trading with Binary Mate in 2024
Trading with Binary Mate comes with many benefits. These benefits are what sets Binary Mate ahead of all other online brokers. You should check all the advantages listed so you have a better comprehension of Binary Mate.
The broker goes to great lengths to comprehend what traders want. As a result, the service, quick, and convenient. The broker also gives a number of programs for all kinds of traders. Binary Mate ensures that the individual needs of all traders are met to the best of their capabilities.
Binary Mate also includes excellent trading conditions that are readily available to all and not just an elite group of institutional customers. The tight spreads and fast executions are a great advantage for all traders. The technology embraced by Binary Mate is of the highest caliber, making sure that it is fast, dependable, and effective.
Binary Mate admits the significance of owning a quick order execution. A fast implementation will allow users to exchange without worrying about slippage safely. It is going to also aid the traders to grab any opportunities.
Copy trading is another important facet of Binary Mate. A new trader can learn from industry experts using the automatic copy trading alternative. This means you can monitor the best performing brokers and instantly copy their trades and benefit from their experience
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, Binary Mate offers social trading which encompasses leading traders sharing their knowledge with the community. Binary Mate's social trading platform allows traders to share their expertise with others to build a community of investors and traders. What stocks they are monitoring, what to buy, what to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. It is a more independent version of copy trading
Binary Mate has over 54 trading tools to support all types of traders. These tools are lively and suitable for both new and seasoned traders. All dealers can set aside all their worries when trading using Binary Mate.
Binary Mate Overview
Year Founded: 2013
Regulated By: Cyprus Securities and Exchange Commission (CySEC)
Hedquarters: Malaysia
Minimum Deposit: $1000
Number Of Clients: 10,000+
Your capital is at risk
If you feel that Binary Mate is not right for you then at the bottom of this Binary Mate review you will find a lot of alternatives to Binary Mate.
What you should know about trading using Binary Mate
Binary Mate is a lively platform that provides various procedures of trading. These tools cover the financial markets substantially. Most of the brokerage platforms provide less approaches than Binary Mate
If you would like to exchange with Binary Mate, you'll require a minimum deposit of $1000. This deposit is mandatory if you want to start trading with Binary Mate. This 2024 Binary Mate review will guide you safely about trading with them.
Binary Mate is as flexible as any other brokerage platform. Binary Mate is great for traders who want a manageable variety of cheap services. The platforms provided by Binary Mate are third party, white-label offerings. All traders can pick from Android ,iPhone,Mac,iPade
Together with everything, Binary Mate has multiple benefits to new and verteran traders and should be investigated. There is no minimum time over which a transaction has to be kept available. The agents offer premium client service which rewards customers with benefits.
Many unethical brokers try to pressurise users into bigger funding for superior services. Binary Mate, however, is more concentrated on trading volume. Traders can expect trading conditions to be fair, honest and transparent. The more lots traded by the user, the more advantages will come along.
Binary Mate accounts are available around the world and provides excellent service everywhere they have customers. There are some select few countries where Binary Mate accounts are not available. Traders in the following countries cannot open or use a Binary Mate account:
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is Binary Mate Safe To Trade With In 2024?
Launched in 2013, Binary Mate has been open for 11 years, they have a head office in Malaysia
Binary Mate is regulated by Cyprus Securities and Exchange Commission (CySEC). These bodies have rules that ensure that trading platforms have ploicies in place to keep investor's assets secured. This means that Binary Mate users do not need to worry about their money since it is segregated and safely kept in established banks. SSL encryption simplifies each user's private information as well.
You can make use of a choice for Two Factor Authentications (2FA) with Binary Mate for heightened security. An SMS for the confirmation code will be sent to your phone. You will be asked to enter this code to log into your accounts.
Another concern with financial brokers is in respect to security may be manipulation of trading. This is highly disadvantageous for users on these platforms. Nonetheless, this is more widespread in the example of Market Maker brokers who compete with customers on the platform.
Binary Mate Risk Disclaimer
Your capital is at risk
Pro's & Con's Of Trading With Binary Mate
Every online trading platform has some ups and downs, and no Binary Mate review would be complete without having a balanced approach. This Binary Mate review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
Binary Mate Pro's
Binary Mate is regulated by Cyprus Securities and Exchange Commission (CySEC).
Binary Mate has been trading for 11 years.
Binary Mate offers customer support over the phone.
Binary Mate provides customer support over email.
Binary Mate gives access to customer support over livechat.
Binary Mate doesn't charge withdrawal fees.
Binary Mate doesn't charge inactivity fees.
You can trade Cryptocurrencies with Binary Mate.
Binary Mate has over 100 employees.
Binary Mate offers social trading.
Binary Mate offers copy trading.
Binary Mate allows scalping.
Binary Mate allows hedging.
You can trade metals with Binary Mate.
You can trade energies with Binary Mate.
Binary Mate Con's
Binary Mate is not highly rated by us. Binary Mate hasn't won any awards. Binary Mate doesn't offer guaranteed stop loss. Binary Mate doesn't offer negative balance protection. Binary Mate has a high minimum deposit requirement. Binary Mate doesn't have a wide range of trading instruments. Binary Mate doesn't allow commodity trading.Compare Brokers Similar To Binary Mate
Regulation And Licencing In More Detail
Binary Mate is regulated by Cyprus Securities and Exchange Commission (CySEC).
Binary Mate, as a company, has a strong set of rules for ensuring honest trading on its platform. For data encryption purposes, it supplies an industry-standard secure socket layer (SSL).
In accordance with the organization's privacy regulations, customer information is never to be shared with some other institutions or individuals. Including credit history and other financial information.
Binary Mate Awards
At the time of writing this Binary Mate review, and despite Binary Mate’s impressive offering, the company has surprisingly not garnered any awards to date.Binary Mate Trading Platforms
Binary Mate are a reputable broker that has been operating for over 11 years. They offer a large range of options in their user accounts.
Below we take the main parts of any reputable online trading platform and compare Binary Mate against Startrader, and freetrade.
Binary Mate MetaTrader 4 (MT4)
MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to cover all your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.
The MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements.
You can start using the MetaTrader 4 platform with Binary Mate in multiple formats including through an online web platform, or through a downloadable application for Windows PC's and Mac's. Binary Mate MetaTrader 4 is compatible with the latest macOS. Binary Mate allows traders to trade on mobile devices through Android and iOS devices.
Metatrader 4 Webtrader and Binary Mate
MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators.
Trading With Binary Mate MetaTrader 4 On iOS Devices
You can download the Binary Mate app or also trade with Binary Mate through the MetaTrader 4 application on the Apple app store.
Download the Binary Mate MetaTrader 4 Program free of charge from Apple's App Store. Binary Mate customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go.
Trading With Binary Mate MetaTrader 4 On Android Devices
Andorid mobile devices and tablets are used by millions of people globally. Binary Mate provides its clients access to the MetaTrader 4 platform on Android supported devices so that their 10,000+ customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android Binary Mate MetaTrader 4 application enables traders to make the most of multiple advanced trading features which enables them to monitor and trade quickly on the go, simply and securely.
Minimum Deposit Required
The minimum deposit that you must deposit to get started on Binary Mate is $1000. This is an adequate amount for those just starting out. You can create more complex deposits as you go along. However, make certain that you understand how to make the most of your cash before investing in larger amounts.
Commission And Fees Explained
Binary Mate is an online broker platform, and many online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the companies of online brokerages are scaled better. In other words, an internet broker isn't necessarily affected by the number of clients they have.
However, this doesn't mean that online brokers do not charge any fees. They charge prices of varying rates for various services to earn money. There are mainly three types of penalties for this objective.
The first kind of fees to keep an eye out for are trading fees. When you make a genuine trade, like buying a stock or an ETF, you're billed trading charges. In these instances, you are spending a spread, financing speed, or even a commission. The sorts of trading fees and the prices differ from broker to broker.
Commissions could be fixed or determined by the traded volume. On the flip side, a spread denotes the difference between the buying and selling price. Funding or overnight rates are people who are charged when you maintain a leveraged position for more than daily.
Apart from trading charges, online brokers also bill non-trading fees. These are determined by the actions you undertake in your account. They are billed for services like depositing money, not investing for long periods, or withdrawals.
Generally, Binary Mate doesn't charge high fees in comparison to other online agents. For operations other brokers charge for, they do not charge a brokerage fee, or they charge a lesser amount. This is beneficial for people who often exchange, such as daily or weekly trading.
But, non-trading fees charged by Binary Mate are relatively lower. As a result, you're billed more for non-trading actions on your trading accounts, such as withdrawal and deposits. These are not related to the sale and purchase of assets.
This Binary Mate review breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees Of Binary Mate
Binary Mate Withdrawal Fees Explained
Binary Mate doesn't charge withdrawal fees.Withdrawal of money is possible at any moment from the Binary Mate account. It's possible to draw up sums to the sum of your account balance, keeping aside the margin used. One thing to keep in mind is that you don't always have to have any money on your accounts.
In addition, the withdrawn money will be moved directly to the account you use to make deposits. Therefore, if you used a credit card for deposits, then the withdrawn money will be sent to the cardBinary Mate will ask you to offer other withdrawal methods in case your details have changed since your deposit.
There is a minimum withdrawal amount. In case you are withdrawing money in different currencies from USD, a conversion fee is also important. The conversion fee will depend on the currency you are opting to draw in.
Binary Mate Inactivity Fees Explained
Binary Mate doesn't charge inactivity fees so you are free to utilize your account as needed
Even if no charges are indicated by Binary Mate, it is best for you to close the account if you're inactive. Inactivity fees are not just charged by broker companies but also many financial services.
For additional trading platforms, the inactivity fee depends on the sort of account you've selected. The inactivity fee is exposed to a lot of circumstances and needs to be disclosed clearly by the agent beforehand.
Binary Mate Deposit Fees Explained
When you transfer money in your trading account from your bank account, a deposit fee can be billed by the broker. Most brokers do not charge too much money for this operation.
Binary Mate doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing cash into the Binary Mate trading platform is simple. You simply need to complete a single-user profile survey to begin depositing money into your trading account. You'll have to give an identity evidence and proof of residency to deposit large amounts.
Compare Binary Mate Vs Other Broker Deposit Methods
What Can You Trade With Binary Mate in 2024?
Note: Binary Mate provides a lot of different trading instruments due to regulatory restrictions in a few countries. Trading instruments offered will be different based on the country of residence of the client.
Binary Mate has a wide variety of over 54 instruments available for you to trade with.
If trading currency pairs is of interest to you then Binary Mate offer over forex pairs.
Compare Binary Mate, Startrader & freetrade below.
Binary Mate Trading App Review
Note: Binary Mate's mobile app has a lot of functionality and is being constantly improved. The below information was accurate at the time of compiling this Binary Mate broker review.
Understand the capabilities of the mobile apps of Binary Mate, Startrader & freetrade below.
Trading Education Available At Binary Mate
Understand the trading resources available with Binary Mate, Startrader & freetrade below.
Binary Mate Customer Support
As part of this Binary Mate broker review we tested the customer service options as well as response times. on the Binary Mate trading platform problem resolution effectiveness. Binary Mate supports various languages including English, and Chinese
Binary Mate Live Chat Support
We have tested the livechat experience with Binary Mate and it works well. We sent messages through the Binary Mate livechat via their website and app and received a response within 20 seconds. Sometimes , there was no response.
We tried communicating with Binary Mate support in multiple languages across multiple countries. Binary Mate were capable of resolving our client's issues.
Binary Mate Phone Support
We phoned Binary Mate and the call was answered very quickly. It was responded to within less than 5-10 minutes.
The Binary Mate phone support team was able to effectively address our questions and issues on the phone. We tried the multi-lingual Binary Mate team by making calls in various languages. Binary Mate made an effort to ensure that our questions were addressed.
Overall, the phone support from Binary Mate was good.
Binary Mate Email Support
We have sent numerous emails to Binary Mate and the response times were all excellent. The fastest email response from Binary Mate was 4 hours, while the most slow response was 8 days! There were times when there was no response. Response times to support may differ for you with Binary Mate, but this was our experience sending 10 emails at varying times.
The team was able to resolve and answer our queries. Overall average email support from Binary Mate was outstanding.
Alternatives To Binary Mate
If, after reading this Binary Mate review, they do not quite fulfill your requirements check out these Binary Mate alternatives.
We've scoured the web to find the best alternatives to Binary Mate. Click on the links below to find out more.
Frequently Asked Questions
Can I try Binary Mate before I buy?
Absolutely! you can most certainly try Binary Mate before you buy. Binary Mate provides demo accounts for the ease of inexperienced traders. You may use this feature to build your faith in the system as well as yourself and your trading strategies.
If you register for a demonstration account on Binary Mate, you will set out with a decent amount of virtual money. It is to establish a feeling of safety and confidence in you until you choose to invest your own money.
With this virtual Binary Matedemo account, you can experiment in any way, to whatever period you desire. You can also open positions, examine different trading strategies, and much more.
Binary Mate specifies on its official website that you are able to exchange real time stocks with your demo account.
Is Binary Mate safe?
You can drop all your worries since we believe that Binary Mate is totally safe to use. It is in compliance with the principles of Cyprus Securities and Exchange Commission (CySEC).
Nevertheless, Binary Mate doesn't give assured stop-loss protection.
Why does Binary Mate ask for my passport?
The reason that Binary Mate asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, Binary Mate has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, Binary Mate must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with Binary Mate?
The process to start trading with Binary Mate is super simple. You need to begin by signing up on the Binary Mate website. It will require you to fill in details pertaining to the credibility and security of your account. You will probably also have top go through the standard KYC (Know Your Customer) checks but Binary Mate are normally pretty quick with this.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with Binary Mate is $1000. You should have a good {understanding of|hold over} the {details|nuances} of online trading before you set out and trade with real money as losses can exceed deposits.
If you are confident of your knowledge and understanding, you can open an account with Binary Mate.
The best way to kickstart your trading career with Binary Mate is to open a demo account facility before risking any real money
What funding methods do Binary Mate accept?
There are a number of methods to finance your accounts with Binary Mate. The process is effortless and quick, with various payment methods at your fingertips.
You can use credit or debit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing money. You must bear in mind that PayPal isn't available in all place. The currencies Binary Mate accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.
Other deposit techniques you can adopt are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is a possibility as well, though it takes about 4-7 days.
Is my money safe with Binary Mate?
Yes, your money is safe and protected with Binary Mate. As you already know, Binary Mate operates with proper conformation to regulations. It's established lots of steps to guard all its own investors.
Binary Mate safeguards its clients' personal and sensitive information under SSL encryption. Your funds will be kept highly secure in top-tier banks.
If you want to further safeguard your accounts, it is possible to enable Two-Step Verification also. It takes an SMS confirmation that you get your accounts.
Is Binary Mate trading good?
Yes, trading via Binary Mate is a nice and good experience indeed. It's an excellent and intuitive platform with helpful features for your simplicity. In addition, you could even gain access to a huge collection of educational tools and assistive material to kickstart your trading experience.
If you remain skeptical, you can open a eToro demo account and assess the credibility of the platform for yourself.
Which Countries do Binary Mate support?
Binary Mate operates across the globe. However, due to regulations Binary Mate does not accept clients resident in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is Binary Mate legit?
Binary Mate is a legit company headquarted in Malaysia since 2013. They are regulated by Cyprus Securities and Exchange Commission (CySEC). Binary Mate is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is Binary Mate a good broker?
Binary Mate is a great broker, and its own users can vouch for this. The highlight of the platform is its quick order execution on transactions.
You'll discover the clean layout of the platform and the commendable features are pleasant to work with.
Is Binary Mate a trustworthy broker?
Yes, Binary Mate is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can affirm to their trustworthy nature.
What is the minimum deposit for Binary Mate?
The minimum deposit to open a live account with Binary Mate is $1000
How long do Binary Mate withdrawals take?
Normally, withdrawal of money from Binary Mate is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for a withdrawal from Binary Mate to show in your bank account and withdrawls are available in any of the following currencies.
USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD
Is Binary Mate regulated?
Binary Mate are regulated by Cyprus Securities and Exchange Commission (CySEC)
Is Binary Mate a market leading broker?
Binary Mate is indisputably one of the business leaders. It has over 10,000+ registered customers and over 11 years of experience on its record. They are among the world's leading trading platforms and also a prominent figure in the Fintech revolution.
It simplifies this standing to its unbelievable platform and broad range of tools plus resources so that you can put money into capital markets.
Is Binary Mate a con?
No, Binary Mate is not a con. They are regulated by Cyprus Securities and Exchange Commission (CySEC) and must adhere to their rules. Thus, it is safe to say that Binary Mate is not a scam.
Can you make money with Binary Mate?
Using Binary Mate, many traders earn a lot of cash. But, just like all online brokerages, it is important to note that traders can also lose money. In particular, Your capital is at risk
This may seem like a small number, but over the year, this adds to a substantial number of gains. While Binary Mate supply you all of the tools to earn money, they can't guarantee you will profit.
Does Binary Mate have fees?
Yes. To start trading using Binary Mate, you have to deposit $1000. Particular commissions while trading also apply. Any processing fees from your bank will need to be incurred by you.
When was Binary Mate founded?
Binary Mate was founded in 2013 in Malaysia. Binary Mate is regulated by Cyprus Securities and Exchange Commission (CySEC).
How many people use Binary Mate?
Binary Mate is a worldwide recognised agent with 10,000+ clients.
Where is the Binary Mate head office?
Binary Mate has its head office in Malaysia
Does Binary Mate offer negative balance protection?
No. Binary Mate does not offer negative balance protection. If your balance is negative, Binary Mate suggests that you promptly contact client services. With this, you can fix any imbalances in your own account.
Does Binary Mate offer guaranteed stop loss?
Binary Mate, regrettably, does not provide guaranteed stop loss. Binary Mate provides a chance for its traders to close their trades in their given price. Apart from that, Binary Mate doesn't provide guaranteed stop loss.
Does Binary Mate allow scalping?
Yes, Binary Mate does permit scalping. Several traders throughout the world select Binary Mate due to their services that are trading. They offer trading on Android ,iPhone,Mac,iPade which allow this.
Does Binary Mate allow hedging?
Yes, Binary Mate does allow hedging.
Can you trade energies with Binary Mate?
Yes, you can trade energy stocks with Binary Mate
Can you trade agricultural shares with Binary Mate?
Yes, you can trade agricultural stocks with Binary Mate
Can you trade cryptocurrency with Binary Mate?
Yes, you can trade cryptocurrency with Binary Mate
Can you trade metals with Binary Mate?
Yes, you can trade metals with Binary Mate
Can you trade UK Shares with Binary Mate?
Yes, you can trade UK shares with Binary Mate
Can you trade US Shares with Binary Mate?
No, unfortunately you cannot trade US shares with Binary Mate
Can you trade Japanese Shares with Binary Mate?
No, unfortunately you cannot trade Japanese shares with Binary Mate
Can you trade German Shares with Binary Mate?
No, unfortunately you cannot trade German shares with Binary Mate
Does Binary Mate accept bank transfers?
Yes, Binary Mate accepts bank transfers for depositing money.
Does Binary Mate accept credit cards?
Yes, Binary Mate accepts credit cards for depositing money.
Does Binary Mate accept PayPal?
No, Binary Mate does not accept PayPal.
Does Binary Mate accept Skrill?
No, Binary Mate does not accept Skrill.
Does Binary Mate accept Payoneer?
Yes, Binary Mate accepts Payoneer for depositing money.
Payoneer is an American financial services company that provides online money transfer, digital payment services and provides customers with working capital.
Account holders can send and receive funds using an e-wallet, a virtual bank account number in a local currency or a re-loadable prepaid MasterCard debit card. Money received can then be withdrawn to a bank account or used online / at points of sale with the Payoneer debit card. This company is a specialist in cross-border B2B transactions. The company facilitates cross-border transactions in more than 200 countries and territories, as well as more than 150 local currencies. It also offers cross-border wire transfers, online payments and refillable debit cards services.
Payoneer is used by companies like Airbnb, Google, Amazon and Upwork to send large-scale payouts all over the globe. It is also used by eCommerce marketplaces such as Rakuten, Walmart and Wish.com, freelance marketplaces such as Fiverr and Envato, and works with ad networks to connect these firms with publishers based outside of their headquartered country.
In the content creation space, Payoneer works with Getty Images, iStock, Pond5, and others as well as in the freelance marketplace.
Payoneer's customer service team includes 320 employees that support 4,000,000 customers in 70 languages and in 150 currencies.
The company launched a service in October 2019 that allows small and medium-sized companies to send money anywhere in the world fast and cheaply.
Does Binary Mate accept Neteller?
No, Binary Mate does not accept Neteller.
Does Binary Mate offer Live Chat customer support?
Yes, Binary Mate offers customer support through live chat.
Does Binary Mate offer phone customer support?
Yes, Binary Mate offers customer support over the telephone.
Does Binary Mate offer email customer support?
Yes, Binary Mate offers customer support through email.
What languages can Binary Mate communicate in?
Binary Mate has the ability to communicate and support customers who speak: English, and Chinese
Does Binary Mate have a wikipedia page?
No, Binary Mate does not have an official wikipedia page.
Does Binary Mate offer demo accounts?
Yes, Binary Mate offers demo accounts so you can learn their systems before risking any real money. Newbie traders can open a demo account in order to better understand the areas of Forex trading and test out some of the company’s features before risking a live account.
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Table Of Contents
- Who are Binary Mate?
- Benefits Of Trading With Binary Mate
- Everything you should know about trading with Binary Mate
- Is Binary Mate Safe To Trade With?
- Binary Mate Risk Disclaimer
- Pro's & Con's Of Trading With Binary Mate
- Compare Brokers Similar To Binary Mate
- Binary Mate Regulation And Licencing
- Binary Mate Awards
- Minimum Deposit Required For A Live Account With Binary Mate
- Binary Mate Commission And Fees
- Compare broker fees against Binary Mate
- Binary Mate Withdrawal Fees Explained
- Binary Mate Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With Binary Mate?
- Binary Mate Customer Support
- Binary Mate Live Chat Support
- Binary Mate Phone Support
- Binary Mate Email Support
- Alternatives To Binary Mate
- Frequently Asked Questions About Binary Mate