Binarium review and test – Is it a scam or not?

Min. deposit:
4 out of 5 stars (4 / 5)
$ 5
80 – 95%
Yes, up to 100%
Binarium logo

It has always been difficult to find a trusted trading broker in the market for the newbie. This review will enable you to have a fine understanding of the Binarium platform about what it is, what it offers, and many other services that people have been looking for. So, brace yourself and spare a few minutes to read this detailed review.

Is Binarium a scam or not? Should you really invest your money there? – In this review, we will give you all details about the broker and its offers. Inform yourself before depositing money.

Metatrader 4 Platform
Official website of Binarium

Introduction to the broker Binarium

Binarium is a Cyprus-based trading platform that is providing services to people since 2012. It is a safe and reliable platform to start a trading journey. It offers different types of market access like crypto oil and gold. It also offers different account types to start trading. It has a very easy-to-use interface from opening the account to depositing and withdrawing.

The support team is active and vibrant to assist the users at their earliest. It is operating in many countries. Deposit and withdrawal methods are not that hard. It also offers different types of offers and bounces on various occasions. About the company, there is not so much information. is managed by the company Binarium Limited with the registration number HE321566 and the address: Office 02, 9 Kappadokias, Dasoupoli, 2028, Nicosia, Cyprus.

  • Founded in 2012
  • Broker from Cyprus
  • Offers trading services to international clients
  • User-friendly interface

(Risk warning: Your capital can be at risk)

Safety and regulation of Binarium

Binarium is providing its services to people for many years. It shows the credibility of this platform among the users due to its transparent work for years. The platform is safe and secure but it is not regulated at the moment. It keeps the user’s funds in the segregated EU banks and provides a strict privacy policy, 3d secure system, and SSL Certified payment methods. Hence, Binarium is a safe platform to start the trading journey.

Note: “Binarium is not regulated by an official financial authority.”

Offers and trading conditions

Trading conditions are a very important part of the traders and platform providers. These trading conditions help both the parties to comply with each other demands to have smooth working.


Binarium offers different types of bonuses to the users depending upon their initial investments and other tournaments to win exciting prizes that urge users to actively participate in the trading market. The minimum deposit of $ 5 is very low and you can even create a free demo account. The following assets are offered:

  • Currencies
  • Cryptocurrencies
  • Indizes
  • Commodities


  • The minimum amount to withdraw is $5, €5, $A5, ₽300, or ₴150.
  • 1-hour withdrawal for verified members
  • Bonus amounts cannot be withdrawn
  • 7 days trading in the week
  • 100 percent bonus on first deposit
  • Up to 90% profit on Binarium
  • Maximum amount to invest at Binarium is $10,000, €10,000, $10,000, ₽600,000 or ₴250,000
  • Fast execution of trades

The broker supports a web-based trading platform and mobile app. From our experience, it is a typical Binary Options Broker with high yields and good conditions. But keep in mind the variety of assets is not so high. Other providers offer more different markets. But overall, you will get good conditions for the most traded assets.

(Risk warning: Your capital can be at risk)

Review of the Binarium trading platform

The ordermask
Binarum trading platform

People having the intent to start trading have always been reluctant at the start of their trading journey. The platform of different brokers varies and their interface is difficult. Binarium has come up with an idea to provide a quality and easy-to-use platform to assist users. After login into the account, a tutorial video comes to the screen guiding about the trading methodology and the interface of the Binarium trading platform.

On the main screen of the platform, the users can see the history of their trades, banking wallets, contests offered by Binarium, bonuses, and prize draws on the left side of the screen. The middle of the screen shows the moving charts of the selected pairs. There is a deposit option at the top right corner and the profitability of the trading assets. There is a search bar for different pairs at the top. At the bottom, there are trading tools, time frames, indicators, zoom options, and the current price of selected pairs.

Charting and analysis

Charting and analysis have become imperative to become successful in trading. In this view, like other brokers, Binarium has come up with a plan to guide and educate the users along with providing a platform for trading. The platform offers different trading indicators for the users that provide immense help in charting and analysis of the coins and assets. The Binarium platform offers 4 types of charts to have a good technical analysis.

  • Curve area
  • Candlesticks
  • Bars
  • Curve

Mobile trading

Mobile trading has revolutionized the trading world. It has facilitated the users in many ways. It has made users available to trade anytime with advanced facilities and due to its simplicity of operation. Binarium platform has also launched a mobile application to assist its users in trading. The app has a very simple interface and has all the basic and latest features that the platform offers. The app size is 2.9 MB and it has more than 100k downloads. It shows the trust and credibility shown by the people on the Binarium platform.

(Risk warning: Your capital can be at risk)

Learning trade with Binarium

In the trading world, everyone claims to be a friend of new traders, but no one has owns the new traders and makes things easy for them. Binarium has come up with an ambitious plan to educate users with the help of 12 technical indicators that help in the analysis of trading pairs. Here is the list of the technical tools offered by the Binarium platform.

Graphical tools

Binarium offers a variety of graphical tools to draw different support and resistance lines during the technical analysis.

  • Line segment
  • Ray
  • Horizontal line
  • Crossroads
  • Vertical line

Technical indicators

Following are the important technical indicators offered by the Binarium platform that helps users to become professional traders.

  • SMA
  • SSMA
  • LWMA
  • EMA
  • SAR
  • Alli gator
  • Bollinger bands
  • Stochastic
  • ATR
  • Awesome oscillator
  • PVO
  • HML
  • Momentum
  • MACD
  • CCI

Opening the account at Binarium

The trading world has witnessed immense growth in the interest among the people due to the volatility and price increase of the BTC. Hence, more and more people have been attracted to different broker websites. However, to cater to the growing users Binarium platform has made account opening a piece of cake by just entering the email, valid name, and selecting the trading currency.

The ordermask
Open your trading account with Binarium

After signing up, accept the terms and conditions, clicking on the verification email. After this step users are asked to enter their valid mobile numbers. The users can enjoy doing trade after depositing funds into their desired account type.

(Risk warning: Your capital can be at risk)

Types of currencies that can be used for opening the account:

  • USD
  • EURO
  • Russian rabble
  • AUD
  • Ukrainian hryvnia

Binarium offers multiple types of account types that can be chosen after depositing money and at the time of making an account. However, these account types have different features and the details of each account can be read here one by one.

  • Standard account
  • Premium account
  • Business account
  • VIP account
  • Demo account

Standard Account

Following are the features of the standard account:

  • A basic account can be opened for just $10
  • One can place an order with a minimum of $1
  • It will take five workings for withdrawal
  • $500 withdrawal limit per day
  • $2500 withdrawal limit per month
  • 2 withdrawal requests per day
  • $250 maximum number of trades
  • 5% trade back
  • Trade back points bonus
  • 29 Trading assets

Premium Account

Following are the features of the premium account:

  • One can open a Premium account for $500
  • It may take three working days for withdrawal
  • 5% trade back
  • Trade back points bonus
  • 33 Trading assets
  • Trading room availability

Business Account

Following are the features of a business account:

  • One opens a Business Account for $5,000
  • Users can get access to trading plan development and personal strategy
  • 10% trade back
  • Trade back points bonus
  • 33 trading assets
  • Trading room availability

VIP Account

Following are the features of a VIP account:

  • One can open a VIP Account for $10,000
  • For beginners, it provides $10
  • 15% trade back
  • Trade back points real fund
  • 57 trading assets
  • No limit on open trades
  • No limit of withdrawal requests per day
  • Trading room availability

(Risk warning: Your capital can be at risk)

Demo account

The demo account has helped the newcomers to gain real experience of trading through virtual funds offered by different platforms. Binarium has also offered $ 10,000 to the users. It shows the commitment of the Binarium platform towards its goal to help its users to make pro-traders.

Free demo account

Deposit and withdrawals

Deposits and withdrawals are an important part of the user’s trading journey. The users want a smooth deposit and withdrawal process. Keeping in view the user’s demands, Binarium offers a 1-day withdrawal for verified users. It offers a variety of deposit methods to credit their accounts.

Deposit in Binarium

Following are the deposit limit of all of the account types of Binarium:

  • The deposit amount of your account is $ 5 to 100
  • The deposit limit of a standard account is $100 to $500
  • The deposit limit of a Business account is $500 to $2000
  • Deposit limit of Premium account is $2000 to $5000
  • Deposit limit of VIP Account is $5000

Payment Methods

Following are the payment methods user can use to credit their Binarium accounts:

  • Visa
  • Yandex
  • Alfa-Click
  • Master Card
  • Qiwi
  • Web money
  • MNP
  • Neteller
  • Bitcoin
  • Ripple
  • Ethereum
  • Lite coin
  • Yandex Money
  • Monetix wallet

(Risk warning: Your capital can be at risk)

Withdrawals on Binarium

Withdrawal limit of different types of accounts offered by Binarium

Current account withdrawal

Following are the withdrawal conditions of the current account

  • $200 withdrawal limit per day
  • $1000 withdrawal limit per month
  • $100 maximum number of open trades
  • 1 withdrawal requested per day

Standard Account withdrawal

Following are the withdrawal conditions of the standard account

  • $500 withdrawal limit per day
  • $2500 withdrawal limit per month
  • 2 withdrawal requests per day
  • $250 maximum number of trades
  • $500 withdrawal limit per day
  • $250 maximum number of open trades

Business Account

Following are the withdrawal conditions of the business account:

  • $1000 withdrawal limit per day
  • $20000 withdrawal limit per month
  • 5 withdrawal requests per day
  • Trading room business
  • $1000 maximum number of open trades

Premium account

Following are the withdrawal conditions of the premium account:

  • $5000 withdrawal limit per day
  • $50000 withdrawal limit per month
  • $2500 maximum number of open trades
  • Trading room business
  • 20 withdrawal request per day

VIP Account

Following are the withdrawal conditions of the VIP account:

  • $15000 withdrawal per day
  • $100000 withdrawal per month
  • $15000 withdrawal per day
  • $100000 withdrawal per month
  • No limit of open trades

(Risk warning: Your capital can be at risk)

Negative balance protection

A lot of the broker exchanges provide different types of services to their users. It also involves negative balance protection to help the users deposit money. Binarium offers multiple services to its users. However, there is no clear policy regarding negative balance protection.

Support and service

Customer support is the main pillar in the development of any business. All the platforms try their best to provide quality services to their users. Binarium platform provides great services to its users by providing 5 days trading facility without any interruption. The platform provides customer support in the following ways.

Customer Support

  • Phone: +357(22)058724
  • E-Mail: [email protected]
  • Telegram: Binarium office bot
  • Live Chat to assist users instantly


Following are the unique services offered by Binarium:

  • Access to different trading markets
  • Instant withdrawal
  • 3D secured transactions
  • Multiple payment methods
  • Multi-lingual support and interface
  • 12 trading indicators
  • Deposit from $5
  • $10,000 free demo account

Social Media Accounts

Binarium has also a huge fan following on social media platforms due to its credibility. It helps the platforms and users to have great interaction and questions are answered instantly.

Supported Language:

It has a multilingual trading interface

  • Russian
  • English
  • German
  • Turkish
  • Vietnamese
  • Ukrainian
  • Italian
  • Polish
  • Spanish
  • Indonesian

Accepted countries and forbidden countries

Accepted Countries:

Following are the countries in which Binarium is operating. It has a far-sighted vision that can expand soon in other parts of the world as well

  • India
  • South Africa
  • Malaysia
  • Indonesia
  • Philippines
  • Thailand
  • China
  • Europe


Promotions and offers are the best way to attract users and it helps the platform to grow exponentially.  Like all other platforms, the Binarium platform also offers promotions, competitions, and prizes for the users. Following are the lists of offers and contests offered by the Binarium platform.

(Risk warning: Your capital can be at risk)


The platform provides a list of contests on its page, as there is a list of current, upcoming, and archive contests on the Binarium platform. Let’s look into each type one by one.

Current contest

Weekly tournament

  • Prize money $5000
  • Entry fee: $10
  • The contest ends in 3 days

Upcoming contests


  • prize money $1500
  • Entry fee $8
  • Contest start in 3 days

Samurai Contest

  • Prize money $1500
  • Contest start in 2 days

Friday Contest

  • Prize money $1500
  • Entry fee: $5
  • Contest start in 2 days

Express Contest

  • Prize money $1500
  • Contest starts in 1 day

Wednesday Contest

  • prize money$1000
  • Entry fee: $5
  • Contest start in 1 day

Archive prizes

Marathon contest

  • Prize money $1500
  • Entry fee 0$


  • Prize money $1500
  • Entry fee $5

OTC Contest

  • Prize money $1500
  • Entry fee $8

Samurai Contest

  • Prize money $1500
  • Entry fee $0

Friday Contest

Prize money $1500

  • Entry fee $5

Express Contest

Prize money $1500

  • Entry fee $0

Wednesday Contest

  • Prize money $1500
  • Entry fee $5

Weekly tournament

  •  Prize money $1500
  • Entry fee $10


  • A new year voyage bonus +150%
  • Participate in bonus
  • The bonus ends in 3 days
  • First Deposit bonus
  • Participate in the bonus
  • The bonus ends in 995 days

Prize Draw

  • A new year voyage 12 Samsung tv
  • Get a 150% bonus
  • The prize ends in 3 days

Conclusion on our Binarium review – Is it a scam or not?

The broker Binarium is one of the most trusted, reliable trading platforms among users. It provides great services to its users in the form of trading, educating users, instant withdrawal. The platform keeps the user’s funds in separate accounts. It provides great offers, trading contests other bonuses for the users. Thus, Binarium is a well-balanced platform having great services in it. But keep in mind, it is not a regulated platform!

Binarium review

Review and test of the broker Binarium

Trusted Broker Reviews

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Binarium is a good platform for trading short-term trades.


(Risk warning: Your capital can be at risk)

FAQ – The most asked questions about Binarium :

Is Binarium a trustworthy platform?

Binarium is based in Cyprus but has offices worldwide in several countries. It has been operating since 2012 and has given traders and investors no reason to discontinue the partnership. Its online platform features a user-friendly interface to ensure even beginners can quickly maximize their gains.

What are the different assets in which Binarium allows trade?

Binarium provides access to four different trade instruments: the forex currency pairs, cryptocurrencies, indices, and commodities. Since it offers various analytical tools, traders and investors can quickly learn the price action movements, market positions, liquidity pool conditions, etc.

Is mobile trading possible with Binarium?

Yes, mobile trading is possible with Binarium. All you need to do is download the application and open your account. Once done, you need to make a minimum deposit of $5. After this, you can start trading from your mobile only. Therefore, you won’t have to worry about investing more and risking money.

What are the different account types allowed on Binarium?

Binarium allows five different account types where the spreads, leverage, and minimum deposit will differ. These accounts are the standard account, premium account, business account, VIP account, and demo account.

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