Binatex review and feedback on the trading platform with free education

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Binatex: review and feedback on the trading platform with free education

вњ… This Trading Platform is available in Russia

Overview of prospective trading floors: Binatex

In business, regardless of the specific direction of commercial activity, only those entrepreneurs who set goals at least an order higher than their competitors are successful. This statement can be safely called an axiom that exists not for one hundred years, and in practice proved its viability.

“Our main goal is to create a unique trading platform that has no analogues in this business,” – say the employees of the well-known financial broker Binatex: from an ordinary technical worker to senior project managers. Employees of the company are doing everything possible to ensure that traders focus their efforts on Internet trading, without being distracted by the decisions of other, related issues. Even a beginner, in case of any problems, can count on the support of highly qualified specialists of the web resource at any time of the day, seven days a week. To solve such problems, novice traders can take advantage of:

в—Џ chat on the company’s website;

в—Џ telephone communication (including the function – callback);

в—Џ or by e-mail support.

Binatex Company: review of key principles of the broker’s activity

The company itself, and then the Binatex application, which makes it possible to conclude trade transactions using modern mobile devices, began operating in 2020. Despite the “young” age, the web resource very quickly gained popularity among Russian-speaking traders, and 19 languages ​​with the broker’s website functioning (including Turkish, English, Spanish, etc.) multiplied the number of users of the resource several times.

Security

By registering for Binatex login, you can not doubt that no one is using the financial resources of users of the company for fraudulent purposes. The broker has an official certificate of the center for regulating relations in financial markets (it is legally recognized in many countries of the world as an international regulator of online brokers), and Binatex has several offices in different corners of our planet.

Another convincing proof of the security and reliability of the broker in question is the fact that in less than two years of the company’s work, it received 6 prestigious international awards that are not given to services with a dubious reputation. In parallel with this, it should be noted that to protect the financial investments of customers, the company opens deposits with the European Bank.

Training of beginning traders

For beginners who do not have the slightest idea of ​​online trading, the creators of the resource provide access to training materials:

в—Џ study of common terminology;

в—Џ video lessons;

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в—Џ description of payment systems;

в—Џ essence and cryptocurrency concepts

в—Џ The activities of the Forex market.

Having secured this knowledge on a specially created demo account on the Binatex (where novice traders can work without investing their own savings, they are given 1 thousand virtual dollars for this), users get the opportunity to conclude real transactions by investing personal money in the submitted project.

Multilevel service system

The presented project differs from a huge number of similar trading platforms, the ability to work using different levels:

1. At the first stage, the trader receives 1% compensation from unsuccessful operations. At the same time, he has access to the main articles on binary options trading, and the total withdrawal limit is once a month.

2. The second level gives an opportunity to receive 2% from each loss-making transaction, and also to deduce money 2 times a month and essentially to expand possibility of realization of financial operations.

3. In the third stage, compensation is increased to 3%, a trader can withdraw funds once a week, and he gets access to new items of financial transactions.

4. At the 10th (final level), the client is paid 10% of the amount of unsuccessful transactions, and the list of eligible items is practically unlimited.

Trading account on Binatex and other important information about the Russian-speaking broker

Preparing information about Binatex review, financial parameters, etc., you need to pay special attention to the trading accounts of the broker.

в—Џ The minimum deposit amount for this web resource is $ 10.

в—Џ The platform administration promises the profitability of transactions at the level of 90%.

в—Џ The minimum amount of bets is from 1 RUR.

в—Џ Bonuses for deposits up to 100% are provided.

Account replenishment and withdrawal of funds

The input and output of the trader’s money, according to the rules of the broker, is carried out in the same way. This is often indicated by the responses prepared about Binatex: that is, if a customer has deposited money on a trading floor deposit using a plastic card, he can withdraw the received profit only on the same card.

Funds are entered / withdrawn:

в—Џ with the help of bank cards (Visa / Mastercard);

в—Џ Yandex money;

в—Џ Webmoney and others.

Attention should be paid to potential users of the trading platform that the list of ways to replenish the account or withdraw the earned funds may vary.

Financial instruments

Among possible ways of investing own funds, it is necessary to distinguish:

в—Џ Classic binary options.

в—Џ Shares of companies.

в—Џ Crypto currency.

в—Џ Raw materials.

в—Џ Precious metals.

в—Џ Currency pairs.

The presented trading platform provides a very interesting function – the cancellation of the concluded transaction. This feature allows you to avoid serious financial losses in the case of sudden changes in direct or indirect factors that result in the outcome of the operation.

Analyzing posted on the network reviews of Binatex, you can find many negative characteristics of the presented trading platform. But for traders who have long been working in this direction – this is quite a normal situation. Experts say that we should be concerned about cases when only positive reviews are written about the broker (it is quite possible that this project is a well-prepared fraudulent scheme). Be sure to pay attention to such non-standard moments, very often it helps to save money not only for beginners, but also for experienced traders who know the methods of cheating gullible members of online trading.

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9 comments to “ Binatex: review and feedback on the trading platform with free education ”

A good broker. The platform does not fail, the most important thing is to have a good Internet connection. There you could find a number of tutorials for “dummies” (it’s quite useful if you’re a newbie, for example)and a demo account opportunity. Fast withdrawals, no problems.

I have quite good performance with this broker. They really take care of their customers. Execution is pretty good and withdrawals are really fast. Very good trading conditions and a wide range of trading instruments.

Good broker. I’ve made huge profit of 500 usd. It can be recommended to any true trader who has gain enough education. I got my withdrawal within 3 working days.

Binatex has a good platform. There are some educational videos for free. The support is good. I’ve made three withdrawals so far. Funds are safely received. Everything’s OK. 🙂

Binatex has an easy-to-use trading platform and user-friendly website, which is great. Binatex is a good broker in many ways, and I’m going to trade here for the next few years.

These guys have the best platform ever. It’s intuitive and easy to understand. Moreover, I like the fact that I can find all the trading info I need in the educational section, there is no need to go right away in order to look for some strategy…

Binatex is the best company one can trade with. The broker is checked by a number of traders I know personally. As a result, it’s decided to be the best place for successful and profitable trading. My own profit per week here is 75$. Good.

Before getting into Binatex I traded with other brokers, I was confused by the terms but I liked those of Binatex. That’s why I’ve been trading here for about 6 months already. I’m quite satisfied with the broker, it’s reliable.

Binatex was recommended by my… (wow, surprise!) mother. I was afraid, of course as it seemed to me that she gave her money to some scammers. I’ve never heard of trading before. Well, she wasn’t listening to me, she just continued trading and one day she bought me a car… like the real and cool one. Okay… I was confused and inspired to test this “trading” by myself. It occurred to be interesting and in a few months i start trading, too. 😀

Binatex Review

Binatex

Broker Binatex
US Traders Accepted
Company Name Yulanta Business Ltd.
Headquarters Seychelles
Regulation No
Bonus Type Match bonus + Random drawing
Bonus Size 60%
Max Payout 90%
Out-of-Money Reward 0-15%
Trading Platform Proprietary
Deposit Options Credit/debit cards
Deposit Currencies US dollar
Minimum Deposit $10
Minimum Trade $1
Maximum Trade $1,000
Online Since 2020
Trading Instruments Stocks and currencies
Number of Trading Instruments 68
Binary Option Types High/Low, 60 Seconds
Customer Support Types Email, web form, paper mail
Education Offered Videos and articles
Tools Offered Signals, tournaments
Commission $10 minimum to withdraw, 3% fees on transactions up to 50% of the deposit amount.
Languages English, Russian, Ukrainian, Indonesian, Romanian, Armenian, Azerbaijan, Georgian, Spanish, Malay, Greek, Hungarian, Portuguese, Slovak, Slovenian, Turkish, Bulgarian, Serbian, Croatian, Albanian, French, Macedonian, Italian
Demo Account Yes, free

It looks like Binatex has turned scam. The review below is presented for archiving purposes.

Customers who are in search of a binary options website, which caters mainly to customers in Europe and Eastern Europe may be curious about Binatex. This binary options website is owned and operated by Yulanta Business Ltd., and is based in Seychelles. The site does not accept customers from the USA.

Overall, I was not very impressed with Binatex, though the site does have its positives. It is not regulated, and while it alludes to “6 international awards,” there was zero in the way of information concerning these awards. Information on the website itself is quite sparse. There is a page of frequently asked questions, but it is buried in the deposit/withdrawal section and is easy to miss.

Opening a Demo or Real Account on Binatex

One of the things I did like about Binatex is that it is ridiculously easy to get started. Just click on the blue button in the upper right-hand corner of the page which says “Start Earning,” and fill in your email address. You are not asked for any further information at this point.

Once you put in your address, you will automatically be taken to the trade page, and a demo account will be opened on your behalf. You can start demo testing immediately without depositing any money. There are no hoops to jump through. It is wonderfully simple. Your password is emailed to you.

At this point, if you so choose, you may upgrade to a real account (just click in the upper right-hand corner of the trade page on the blue “Real Account” button to do this).

You will be asked for you email address again. Once again, your password will be sent to your email address. You then need to input your phone number.

You now have a real account, and can click in the upper right on the blue “Deposit Funds” button to make your first deposit.

Account and Bonus Tiers on Binatex

As of right now, the only deposit method listed is credit card, which is not so great. The minimum deposit size is just $10 however, which is great.

There are deposit tiers:

  • Min: $10, 100% bonus
  • Novice: $50, 100% bonus
  • Skilled: $300, 100% bonus
  • Expert: $1,000, 100% bonus
  • Professional: $3,000, 100% bonus

Strangely, the bonuses were all 60% or less when I checked previously, but when I referenced the deposit page again, they had changed. Perhaps the company randomizes their offers. If you wish, you may reject the bonus.

I will mention at this juncture that there is also a promotion on called “Lucky 50.” This is a drawing where 50 customers are selected at random to receive $100 each.

Coming back to the account tiers, there is no difference between them aside from the bonus amounts. All of the tiers include the same features.

Trading on the Binatex Proprietary Platform

The Binatex trading platform is proprietary, rather than being a white label product like SpotOption. It is elegant, straightforward, and easy to use.

On the left at the top, you will see a chart for the asset which is open. You can select other currencies or stocks from the dropdown (there are no indices or commodities).

On the right is the trade ticket where you can put in an amount (anything from $1 to $1,000), and select an expiry time (anything from 1 minute up to 4 hours). You can then pick “High” or “Low” (the only trade type offered). The payout can be viewed below that.

Across the bottom of the trade page are several more features. On the far left you can view trading signals or watch training videos. In the center of the page you can view the tournaments which are currently running. Your trade history and open positions are displayed on the far right.

The selection of training videos as well as the articles on the site actually seems to be pretty good. These materials do not just introduce you to the basics, they actually go into real strategies which you can use to profit.

Fees on Binatex

One of the more confusing aspects of Binatex is the fee structure. The website contains contradicting information.

In the FAQ, under “What are your withdrawal and deposit fees?” the site states, “We do not charge fees to withdraw means from account.” Nonetheless, on another part of the site (at the bottom of the page), I saw a statement that implied that commissions were charged for deposits and withdrawals.

The terms and conditions page mentions a $10 minimum for withdrawals. The only other fee it mentions are commissions of “3% of each transaction made by the affiliate’s customers up to 50% of the amount of deposits.”

This means that affiliates earn 3% on every transaction for the customers they refer (up to the stated limit). Does it imply that 3% is taken as a fee directly from those customers? With this language, it is hard to say, so this too is very hazy.

Binatex Customer Service

Another major drawback with Binatex is the lack of real-time customer service. If you want to reach the team, you can only do so by using a web form or by sending an email. There is no telephone number and no live chat. This to me is a big red flag. It does not necessarily mean you cannot trust the company, but it does mean that if you need help fast, you may not get it.

Conclusion: Binatex Stands to Improve

Are there some good things about Binatex? Yes. The instant demo account is pretty awesome, and the training videos and articles actually are helpful for those who are trying to learn strategies. Aside from that though, there are some issues which are concerning. With no live customer service, unclear fee terms, only one deposit method available, and informational gaps on the site, Binatex comes across as a bit unprofessional. If they polish up their game, they might eventually be worth a second look. Until then, there are better sites for trading.

Binatex (Scam) , 7.8 out of 10 based on 4 ratings

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One Trader’s Review

I started trading with Binatex 3 months ago. Since then I have a good experience with them. Their trading platform is incredibly fast and stable. I made my first withdrawal via my card and it take about 3 working days to be done. I am very happy with the service Binatex offers

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General Risk Warning: Trading in Binary Options carries a high level of risk and can result in the loss of your investment. As such, Binary Options may not be appropriate for you. You should not invest money that you cannot afford to lose. Before deciding to trade, you should carefully consider your investment objectives, level of experience and risk appetite. Under no circumstances shall we have any liability to any person or entity for (a) any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to Binary Options or (b) any direct, indirect, special, consequential or incidental damages whatsoever.

BinTrader – review and feedback on the trading platform of binary options

вњ… This Trading Platform is available in Russia

Overview of prospective binary option brokers: BinTrader

Among the companies engaged in online trading, despite the high level of competition in this field of activity, it is difficult to choose a broker that will fully meet the needs of both beginners and experienced traders. Russian-speaking users of the World Wide Web are more difficult in this case than residents of European countries, Japan or the United States. The lack of economic education, poor knowledge of the English language, lack of financial resources (a few residents of Ukraine or Belarus will risk putting an unknown company on a deposit of $ 250) and a high level of mistrust of the most diverse Internet resources offering to make money on the global financial market.

Many experienced traders from the former Soviet republics recommend their fellow countrymen to start making money in foreign exchange markets, binary options, etc., using the services of brokers focused on the Russian-speaking audience. In this regard, BinTrader trading platform, which has been engaged in online trading since 2020, offers good conditions, but, despite a relatively short period of activity, managed to earn a reputation as a safe and reliable broker.

The main advantages of cooperation with BinTrader

The owner of the presented trading platform is the company Trade X Ltd, and its founders started their activity in the world financial market as ordinary traders, so they are well aware of the goals, needs and opportunities of their former colleagues. Given these nuances, a platform was created (by the company’s specialists), and then an application developed for BinTrader that allows financial transactions to be performed without fear of fraud on the part of the broker.

Security

The funds of the broker’s clients are insured and stored on the accounts of reliable banks, which allows traders to withdraw their investments at any time. Technical support of the website and modern software guarantee the safety of personal information of users and prompt execution of financial transactions provided by this broker.

The minimum deposit and the size of the bet ($ 10 and $ 1, respectively) are convincing factors in order to independently check whether the given company fulfills its promises. If for many potential customers, 2-3 hundred dollars is a large enough amount that they do not trust an unfamiliar firm, then $ 10 is an acceptable option for starting work and getting closer to the broker presented.

But one of the most important indicators of the reliability of this company is the availability of a certificate issued by an organization that controls the activities of the trading platform – the Center for Regulation of Relations in Financial Markets. In case of any problems, the trader can apply to the regulator, who will necessarily check how the broker fulfills its obligations.

Learning newbies

One of the main creators of the trading platform in question (I. Orlov) made a lot of efforts to organize the work of a full-fledged training center on the basis of this web resource. Depending on the amount of the first deposit (based on this indicator the level of training is chosen), the client of the broker gets the opportunity to become a participant in the personal training program under the guidance of a professional analyst.

The user of the trading platform gets acquainted with effective trading strategies and, together with the mentor, analyzes their “pros” and “minuses”. A qualified specialist helps a trader deal with his own operations, revealing their strengths / weaknesses. The broker’s client also has the opportunity to contact his analyst at any time to ask him questions of interest.

The opportunity to undergo training and learn to work in the global financial market is another important indicator in favor of creating a login on BinTrader and using the services of professional teachers.

Important financial characteristics of BinTrader

Regardless of which trading platform the trader chooses, before registering on it, he must thoroughly study the basic requirements of the administration that has interested his website.

Trading conditions

Despite the fact that some of the indicators have already been mentioned above, for the convenience of readers, we will outline the main conditions of work on this trading platform in a separate unit:

в—Џ The minimum deposit is $ 10.

в—Џ The minimum transaction amount is $ 1.

в—Џ Account currency: American dollar.

в—Џ Estimated yield: up to 85%.

в—Џ Deposits of the broker’s clients are insured.

в—Џ There is an affiliate program.

в—Џ Bonus is provided when replenishing the trading account: up to 150%.

How to replenish the deposit or withdraw funds

Prepared by BinTrader user reviews, indicate that the broker’s web-resource is quite enough ways to solve the issue with the input / output of money. Traders can perform this procedure using:

в—Џ Debit / credit cards (Visa and Mastercard).

в—Џ Yandex money.

Available assets

Some of the reviews of its clients about the broker BinTrader report a small number of available financial transactions and instruments, which limits the opportunities for users of this trading platform. But on the other hand, every trader always has a choice, where to work for him and what deals to conclude.

Clients of the broker in question can use strategies posted on his site to earn binary options, as well as conclude deals on: currency pairs, commodities and shares of large enterprises.

Based on the above information, we can conclude that this broker is not some serious fraudulent scheme, but if potential users have doubts about this, they can invest $ 10 and independently check how this trading platform works.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker!
    Perfect Choice For Beginners and Middle-Level Traders!
    Free Demo Account! Free Education!

  • Binomo
    Binomo

    Honest broker!

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