Trade Broker Of Binex Review

Binex is a binary option broker which was founded in 2012. Initially it targeted Russian local market, but later managed to expand internationally. Binex delivers world class service and is regulated on the territories of both Russia and EU. One of broker’s advantages is that it has several binary options types: up/down, touch/no touch, in/out.

Trading Binex

If you choose Binex, trading binary options will be easy, convenient and profitable. Depending on their account type, investors receive up to 89% profit. Minimum trade size is $2. As we’ve already mentioned, this broker offers several binary options types. You’ll be able to earn by forecasting market direction (up or down), whether or not market will “touch” specified price or will stay in/out of the set price range. One of the characteristics that make this broker stand out of the competition is that the company offers to trade such underlying assets like stocks of Russian companies and Russian ruble.

Demo account is available after investors have made their first deposits. The broker will credit 100% of the uploaded amount to use for practice trading. Demo account will be active within a certain time period which depends on trader’s account type. The shortest period allowed to use demo account is 3 days. That should be enough to safely get to know the platform and start real money trading.

Binex’s Platform

Binex trading platform is easy-to-use and intuitive. At the top of the screen traders select types of binary options and below there are categories of all underlying assets: currencies, commodities, indexes, futures, stocks, Russian assets. The graph showing price movement is available at the center of the platform along with a control panel.

There’s also an indicator showing overall traders’ mood. This information would be useful for those who usually consider forecasts of other investors when making decision. The platform doesn’t offer technical indicators, but that’s good for inexperienced traders as they won’t be overwhelmed by the amount of tools and data.

Accounts Binex

The company offers five account types: Basic, Training, Trader, Expert and VIP. Your status will depend on the size of your first deposit. Minimum deposit amount is $150. To become VIP traders, minimum of $25,000 should be deposited at a time. VIP customers get exclusive offers and bonuses which are determined in each individual case.

The more funds you upload the more profitable conditions Binex offers. Advancing from lowest to higher levels offers additional benefits such as: trading signals, market analysis, education and better profits. There are also differences in bonus size and withdrawal fees.

Bonus Offers Binex

Based on deposit size, investors receive from 75% to 200% bonus. Bonus money is credited to a separate bonus account and can be withdrawn only after trader meets 30x wagering requirement. That means total trading volume should be at least 30 times the bonus size. Note that the time allowed for wagering is limited, and not every trader has the opportunity to use bonus offerings. Broker decides whether or not someone is eligible for receiving bonuses.

Cash back deal is another type of bonus Binex offers. Owners of Training, Trader and Expert accounts will receive 5%, 10% and 15% cash back for 3, 5 and 7 losing trades respectively first time they upload funds. The broker encourages investors to make second deposits by offering better cash back deals. Even Basic account holders will be eligible for this type of bonus when they deposit second time.

Mobile App Binex

For those who prefer using mobile devices to trade binary options Binex developed a mobile application. There are two versions of this app, one is for iOS devices and the other is for Android. Mobile users will have access to more than 190 assets and binary options with expiration from 15 seconds to several days.

Educational Resources Binex

The broker’s website is a great place to learn binary options basics and advance to professional trading. There are a lot of interesting and useful articles and videos. Every day, except for Sundays, the broker organizes webinars making learning process more interactive.

Reading Binex e-book would give beginners great insight into trading binary options and earning profit. There are also different strategies discussed which would help investors make their efforts more effective. But it’s obvious that the education center in English is under development right now because currently there’re no resources available in Engligh. For now learning about binary options is possible only in Russian language.

Customer Care Binex

Binex customers and visitors will never feel abandoned since the broker takes a good care of them. For immediate 24/7 response there are online chat and phone number available. New customers will receive a phone call from their account manager right after they sing up, and this manager will always be there to provide additional support.

Conclusion Binex

Binex isn’t only about great trading conditions. This broker offers everything to help investors become professional traders. Since initially Binex targeted only Russian market, it offers trading a range of Russian assets and Russian Ruble. This is something that makes this broker more attractive not only for Russian but also for international investors.

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“Trade Broker Of Binex Review” для записи 2 комментариев
  1. Mike says:

    The user interface is a bit boring for me. could do something better.

  2. Maxi says:

    I opened a demo account, and honestly, there are still a lot of improvements over which they must operate.

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