Binatex Review 2018

Binatex Review 2018

Binatex Review 2018

Hello and welcome once again to our website! As you can see, we are still working diligently to bring you all the information you need to have when choosing your broker. This time, we will be staying with the binary options sector, as we have to review a company which has been around for quite some time. Launched in 2015, Binatex has certainly been through a lot, but they are still here and are still accepting new clients on daily basis. What is their secret and what do they have to offer? That’s what we will be investigating in the rest of this article. We have a very in-depth Binatex review for you to enjoy, so you can rest assured you will know absolutely everything about these guys once you reach the end of this text. Read on to learn about this company’s main advantages.

Registration is quick and simple

As you all know, no type of online trading can be done if you don’t sign up with a broker. To do that in this case, you will have to go through the Binatex registration process. Don’t worry, though, it will only take a moment. Literally! This registration process is the shortest we have ever seen because you only need to input your e-mail address and that’s pretty much it. After that, you will receive a confirmation e-mail to the address you’ve disclosed and poof – your account is all set up. Simple, right? Obviously, once you’re done with this, you can enter your profile and fill it out with your personal data, so that you can successfully go through the verification process later on, but the registration alone literally takes less than a minute. You may ask what you get after activating your account, and we will answer you right away. Just head on to next part of this Binatex review.

Binatex Registration

Binatex Registration

Binatex demo

As soon as you input your e-mail address, you will be able to check everything out by using a practice account. Yes, that’s the only thing you have to do in order to activate the Binatex demo account, which is always good – no deposits are required, and no information needs to be disclosed. 10,000 virtual USD will be provided, so you will be able to test out every strategy that comes to your mind. Everything is pretty much the same as on the real account, although you can’t participate in tournaments this way, for example, or use technical analysis. The rest of the features, however, are identical. You will have access to your trading history, be able to change the timeframes on your chart, open trades and even check out trading videos. In short, Binatex demo account is everything this type of account should be – simple, accessible and with all main features of the trading platform at your fingertips. And once you feel ready for real trades, one click is all that separates you from going live. There, you will see this platform in its full glory.

Binatex account system

Yes, once you start the registration process, Binatex demo account will become available to you first. When you want to go live, you will have to confirm your e-mail and a password will be delivered to you. Once you have that, you will be able to fully use your real trading account.
We must say that we were very surprised to see how many Binatex account types, i.e. levels there are. 11 of them in total! Quite impressive. The idea is that you start out with a Novice account and then work your way up to the VIP account. The more you trade the more experience you get. Once you have enough experience, or if you deposit a big enough amount, you will level up, much like in a video game. Each new Binatex account (level) will get you a better set of parameters. The cashback you get if your day turns out to be unsuccessful will grow, your bonus turnover requirement will drop, monthly withdrawal limit will also grow etc. What is particularly interesting is the fact that you will be granted access to the VIP package for three hours when you open your live Binatex account, so make the most of it. That’s not the only perk you get for going through the registration, though, but we mustn’t get ahead of ourselves. First, we have to talk about deposit, and then about the bonus that comes along with it.

Binatex Levels

Binatex Levels

Binatex minimum deposit

It’s time to start discussing concrete numbers in this Binatex review, which we know interests you the most. We’ll start by taking a look at the deposit options on the website and immediately we have something very interesting to point out to you. Apart from Visa and MasterCard, which are pretty much accepted all over the trading world, you can also make your deposit via digital or even cryptocurrency wallets. The latter include Bitcoin only for now. Simply select the cryptocurrency on the deposit screen and a QR code you need to scan will pop up. However, keep in mind that a small fee will be applied if you go for this deposit method because transaction costs have to be covered.
Binatex minimum deposit is only 10 USD, which is among the lowest in the industry. This makes the company perfect for more casual traders and for people who are new to this and want to start things off slowly. Even with the minimum deposit in your balance, you can still trade a fair amount because the minimum trade requirement is just one dollar. But while Binatex minimum deposit may be one of the company’s greatest strengths, investing more after the registration process may be the right move to make. Why? Well, we’ll show you that in the next part of the text.

Binatex Deposit Page

Binatex Deposit Page

Loads of Binatex bonus options

Another major advantage of trading here is the bonus policy. We already said that upon registration you get three hours of trading as a VIP account holder, but that is just the beginning. You will also get a Binatex bonus of 100% for your first deposit, meaning the broker will match everything you invest. So, the more you deposit the more you get, plus you get to start from a higher account level with better conditions. Actually, Binatex bonus is a great example of how a higher level benefits you more because, as we already mentioned, its turnover requirement drops as your level grows. Novice account for example has its bonus turnover requirement set to 35 times, but for VIPs it’s only 25 times the size of the bonus you get.  
But there are so many other options to get something extra on this website. For example, some accounts may give you an increased return on your successful trades. We also mentioned cashbacks, which serve as a safety net and can go up to 22%, which is really impressive, plus there are even tournaments you can participate and fight for some kind of a Binatex bonus that way. These tournaments are held every day, with the best 10 traders receiving prizes. Don’t forget occasional promotions, either! Impressed? We sure are. The number of options in each segment of this website’s offer is something you don’t find that often. Now that we’ve discussed the bonuses, though, let’s talk about getting the funds back to you. Our Binatex review has a lot more ground to cover.

Binatex withdrawal

This is probably the most important procedure you need to complete when trading. Think about it, if something goes wrong here, all other features a broker can offer become essentially worthless. So, what’s Binatex withdrawal like?
Well, it works pretty much like all standard withdrawals in this industry. Your withdrawal options are the same as those you can choose to deposit, but keep in mind that you have to use the same card you used when depositing here. Standard practice, but we thought we should mention it. The good news is that there are no Binatex withdrawal fees, which is another big plus for trading on this website. Of course, you always have to be careful here because although the broker charges nothing, your payment service provider may still apply a fee. And since we’re on the subject of numbers, we will say that the minimum Binatex withdrawal is exactly the same as Binatex minimum deposit (10$), which rounds up the financial requirements on this website rather nicely. Of course, this is once again a huge benefit for all who trade here because it is one of the lowest requirements of this kind in the world.
Naturally, you will want to examine Binatex withdrawal conditions on special occasions. By this we primarily mean bonuses and promotions this broker may offer you because they usually have something special attached to them, e.g. a turnover requirement. Again, this is nothing out of the ordinary, just a heads-up to you. Now that we’ve got the financial aspect of this website out of the way, we should take a look at the trading environment. That’s next in this Binatex review.

Binatex Withdrawal Information

Binatex Withdrawal Information

Binatex trading platform

The core of Binatex website is naturally its trading platform. Everything revolves around it and you will automatically be taken to it after you’re done with the registration process. What can you expect there? Well, the company went out of its way to create its own trading platform, so you will get a unique trading experience, no doubt about that. Everything runs smoothly, the prices are regularly (and correctly, Thomson Reuters is the data provider) updated, and there really is not a single reason to complain about the execution.
As for the options Binatex trading platform offers, there really are many of those. You can choose to invest in stocks and currencies (including cryptocurrencies), with potential profit for each trade going up to 90%. That’s a very good deal because you will very rarely see a broker offering more than that for a successful prediction. Like we said earlier, minimum investment required to open a trade here is one dollar, but you can invest all the way up to 1000$. You also have quite a selection when choosing how long your trade will stay open – the lowest you can go is one minute, which is once again quite acceptable and pretty much aligned with what the industry’s standard is considered to be. Binatex trading platform also offers very decent analytical tools, so you can easily make a prediction about an asset’s price. In addition, you can also follow tournaments as they unfold and check out their and your own history. As for trading on the go with this broker, there is no official app at the moment, unfortunately. After talking to some people from the company, however, we were informed that Binatex app is currently in development, but its release date is still unknown. However, there is one more major feature this website has to offer to make up for that, but we need to analyse that in a separate paragraph. Don’t go away.

Binatex Trading Platform

Binatex Trading Platform

Binatex signals

When you get to Binatex website, you will usually be redirected automatically to the trading platform if you have a live account with the company. We have already mentioned most of what you get there, but we saved the best thing for last – signals. Yes, this broker will supply you with some interesting trading signals too, so if you need a trading tip the people here just might have a solution. A special team is tasked with issuing Binatex signals, and they do so after a careful analysis of the chart which is then combined with the latest news. You get the asset, the target price, the direction the price is likely to go in and a timeframe within which you should act. After that, it’s up to you to decide whether or not you want to follow what these experts tell you or not. From our experience, Binatex signals are fairly accurate, slightly above 80%, but it is possible that our sample wasn’t big enough, as we only traded here for several days and we had other things to analyse. What is also interesting to mention is the fact that you can also monitor traders’ sentiment, which can be combined with the signals to provide even more accurate information. Of course, if you ever feel that all of this is just clogging up your screen, you can always remove the signals (and everything else you don’t want to look at, for that matter) and focus solely on your trades. The platform is fully customizable. Still, given how rare an option like this is, we think you should definitely give Binatex signals a chance. You don’t have to invest, just follow them a bit first to see how successful their predictions will be. And since we’re on the subject of rare features, we have one more to discuss.

Prominence in the MMA world

On top of all this we have analysed so far, Binatex website also sponsors professional athletes. This may come as a surprise to you, but it says a lot about how big this company actually is. Very few brokerage companies have the resources needed to make this step, so the fact these guys can do it is quite impressive. At the moment, Binatex is the official partner of Alex Volkov who is a Russian mixed martial arts fighter. He now fights in the UFC after fighting for Bellator for a while and even winning the title of their world champion. Just to give you an idea how big this guy is in the world of ultimate fighting, we will say that he beat Fabricio Werdum in March this year. Those of you who know a thing or two about martial arts will know that Werdum is one of all-time greats in this sport.
The fact that this brokerage company has managed to secure a partnership agreement with such an illustrious fighter as Volkov also suggests that it has satisfied the high standards everyone in the world of UFC has to adhere to. Trust us, this organization will not tolerate anything below excellent. That’s why getting this deal is a big success – it is simply a proof that Binatex can play with the very best.

Binatex Sponsorship

Binatex Sponsorship

Support

Every decent broker has to have tools and materials which can help traders get the info they need as quickly as possible. Therefore, support can play a very important role, not just in overall experience but in determining a broker’s reliability, too. We analyse the overall security of Binatex website in our Binatex Scam Test, so go ahead and check it out if you have any doubts. But in short, we have nothing but praise for support here. There are several reasons for that.
First of all, the support team can be contacted in a variety of different ways. The broker has its profile on numerous social networks, including Facebook, Twitter and Instagram. Apart from that, you can also send them an e-mail to which you will receive a reply in about 15 minutes, and you also have the option of starting a live chat with an agent if you log into your live account. In both cases, people talking to you will be extremely professional and quick. As a matter of fact, there are several different departments you can send your e-mail to, which ensures the right person will read it right away. What is also commendable is the fact that Binatex website has been translated to numerous languages, from English and German to Turkish and Croatian, for example. Even better is the fact that you can also choose between several languages when you initiate a conversation via live chat, so you can really get all the answers you’re looking for very quickly. But that’s not the only way this broker can help you. If you’re still an inexperienced trader, you’ll appreciate the education you can get here, too.

Binatex Contact

Binatex Contact

Education

Yes, Binatex website also has some educational materials for you. Quite a lot of them, actually. You can access everything from your profile, and the materials themselves are divided into three main categories – training videos, articles and FAQs. The latter category is meant for those who are still getting familiar with the way things work here, and you will find about 40 different questions answered there. More than enough for a solid start. However, when it comes to developing your trading skills, the first two categories are more suitable. Articles have about 35 entries full of very useful tips which are all illustrated with charts, so that you can easily follow what they’re talking about. They cover everything, from charts and candles to how to use a demo account and various patterns and indicators. You have loads of knowledge here and this category is truly a great educational feature, no doubt about that. Finally, there is also the category containing educational videos. Now, you can access these directly from the Binatex trading platform or choose to remove them from the interface altogether, the same as with the signals issued here. There’s at least a dozen videos at the moment, all very easy to understand. Again, we have to give the broker a thumbs-up because you can really learn a lot. If you don’t consider yourself to be a real trading pro, you’ll love everything you can find here. It can really help elevate your skills a lot. But enough from us, let’s see what other traders have to say. Next, in our Binatex review.   

Binatex Education

Binatex Education

Binatex opinions

If you’re a regular reader of our reviews and analyses, you know that we like to talk to other people trading on the website we’re examining in order to get some genuine feedback. The same applies here, as we came across some pretty interesting Binatex opinions during our search. Now, since this is a company that has been around for quite some time, you will find loads of different Binatex opinions on the internet. Some are great, some make reasonable points, some simply hate on the broker because the people behind them lost money due to their own stupidity. It’s important to distinguish between fair and unfair points, which we try to do in paragraphs like this.
We noticed that some people are reluctant to open an account here because they know very little about the company. As a matter of fact, that seems to be the most common complaint – lack of information. Hopefully, this Binatex review has remedied that. Some argue that the broker doesn’t have a license yet, which is true, but they are in the process of getting one as you’re reading this, and we believe no problems will arise there. From what we have seen, everything works as it’s supposed to. More positive Binatex opinions will emphasize the number of choices you have and the low financial requirements, and we can certainly support those claims. These are indeed some of the broker’s greatest strengths. As you will see in the conclusion, our general opinion about this website is quite positive, especially because we never encountered any problems while trading here. Give it a peek, the summary is just below.

Binatex About

Binatex About

Conclusion

Yes, we’re at the end of this analysis, so it’s time to give a short recap of everything we have experienced. Now, we have to say that the number of features you get here is quite impressive, primarily when you’re talking about the number of account types you can use. These are not your standard packages, but rather levels you can progress through by depositing and trading on the platform. Financial requirements (both for deposits and withdrawals) are among the lowest in the industry, which is another thing that will surely attract traders, especially more casual ones. There is also a wide variety of Binatex bonus deals you can take advantage of which, combined with Thompson Reuters as your data provider on this website, make for a very pleasant and exciting trading experience. The support is also excellent as the company can be reached in a variety of different ways, plus you will gain access to a completely free demo account as soon as you type in your e-mail address.
What sets this broker apart from so many others is the fact that they have a team of experts whose job is to provide you with high-quality Binatex signals. These can be accessed as soon as you log into your live account and do not require any extra effort on your part. All in all, if you’re looking to enter the world of binary options slowly, this may very well be the perfect broker to do it with. Open an account with them and see why they’ve been a part of this industry for years now.

Recommended reading

Author's overall rating:
Author: Ben Prescott
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