Overview Of Binarium
Binarium Is A Financial Services Company Founded In 2015 And Headquartered In Saint Vincent And The Grenadines. Although Unregulated, It Offers A Range Of Trading Products, Including Forex Trading Pairs And Cryptocurrencies Such As Bitcoin (BTC) And Litecoin (LTC).
Binarium Attracts Traders Of All Levels Through Its Various Account Types - Entry, Standard, Commercial, Premium And VIP - And Supports Trading Across Major Global Trading Sessions: Asia, Europe, America And Oceania.
The Platform Provides A Trading Room Environment, Including A $10,000 Demo Account For Practice, Comprehensive Customer Support Via Phone, Email, And Online Chat, And A Variety Of Deposit And Withdrawal Options, Including Major Credit/debit Cards And Cryptocurrencies.
Additionally, Binarium Emphasizes Education And Resources For Traders By Providing Tools Such As An Economic Calendar, FAQs, And Educational Videos.
Forex Trading:
The Platform Offers A Wide Range Of Forex Trading Options, Covering Major, Minor, And Exotic Currency Pairs. These Include:
Major Currency Pairs: E.g. EUR/USD (EUR/USD), GBP/USD (GBP/USD) And USD/CHF (USD/CHF), Involving Major World Currencies, Known For Their Liquidity And Low Spreads.
Secondary Currency Pairs: Including EUR/GBP (EUR/GBP), NZD/USD (NZD/USD) And AUD/JPY (AUD/JPY), Excluding The US Dollar, While Involving Other Important Currencies.
Forex Trading Pairs: Such As GBP/RUB (British Pound/Russian Ruble), EUR/RUB (Euro/Russian Ruble) And AUD/NZD (Australian Dollar/New Zealand Dollar), Which Pair Major Currencies With Currencies From Smaller Or Emerging Economies, Often With High Volatility And Spreads.
Cryptocurrencies:
The Platform Also Offers Trading Of Popular Cryptocurrencies, Providing Direct Quotes Against Major Fiat Currencies. These Include:
BTC/EUR: Trading Bitcoin Against The Euro Provides You With The Volatility And Growth Potential Of Leading Cryptocurrencies Related To The Currencies Of The Eurozone.
BTC/USD: Bitcoin Is Traded Against The US Dollar, Providing A Classic Cryptocurrency-to-fiat Trading Pair That Is Popular With Traders Due To Its Liquidity And Market Depth.
BTC/GBP: Bitcoin Is Paired With The British Pound, Allowing Cryptocurrency Trading Activities Pegged To The Value Of The Pound.
Account Types
Binarium Provides Users With 5 Account Types.
Start Account
Start Account Is Designed For Novices With Deposits Ranging From $0 To $100. It Offers Access To 63 Trading Assets, But Excludes Trading Rebate Options. Withdrawals Can Be Made Up To $50 Per Day And Up To $100 Per Week, With A Maximum Request Limit Of $25.
Withdrawal Requests Can Be Processed For Up To 5 Business Days. Traders Can Open Up To $100 In Trades At The Same Time, Making It A Suitable Choice For Individuals Who Wish To Pursue Trading Exploration With Minimal Financial Commitment.
Standard Account
Standard Account Is Available To More Experienced Traders With A Deposit Range Of $100 To $500. It Features A 5% Bonus Trading Rebate And Provides Access To 72 Trading Assets. The Daily Withdrawal Limit Is $200, The Weekly Withdrawal Limit Is $500, And The Limit Per Request Is $50.
Withdrawal Requests Will Be Processed Within A Maximum Of 3 Business Days. This Account Allows For Up To $250 Trades To Be Open Simultaneously, Providing A Balanced Option For Traders Looking To Increase Their Trading Activity.
Business Account
Designed For Professional Traders, The Business Account Requires A Deposit Between $500 And $2,000. It Rewards Traders With A 10% Trade Return And Provides Access To 88 Traded Assets. The Daily Withdrawal Limit Increases To $500, The Weekly Withdrawal Limit Increases To $2,000, And The Request Limit Is $100.
Withdrawals Are Processed More Quickly And Can Be Completed In Up To 2 Business Days, With Traders Having Access To The Commercial Trading Room. This Account Allows For Up To $1,000 Trades To Be Open Simultaneously, Providing A Powerful Platform For More Aggressive Trading Strategies.
Premium Account
Premium Account Is Tailored For Advanced Traders And Requires A Deposit Amount Of $2,000 To $5,000. It Offers A Generous 12.5% Bonus Rebate And Unlocks 108 Trading Assets. Daily And Weekly Withdrawal Limits Are Set At $1,500 And $4,000 Respectively, With Higher Request Limits Of $250.
Withdrawals Will Be Processed Faster And Completed Within 1 Business Day. Premium Account Holders Also Have Access To The Commercial Trading Room And Can Keep Open Trades Of Up To $2,500 At The Same Time, Offering An Enhanced Trading Experience And Premium Benefits.
VIP Account
VIP Account Offers The Best Conditions For Elite Traders With A Minimum Deposit Requirement Of $5,000. It Stands Out With 15% Real Money Back And 116 Maximum Trading Assets. Withdrawal Policy Is Exceptionally Flexible Up To $15,000 Per Day And $100,000 Per Week With No Limit On The Amount Requested. Withdrawals Are Processed Within 1 Business Day.
VIP Traders Have Exclusive Access To Both Business And VIP Trading Rooms, And There Is No Limit On The Number Of Transactions Open At The Same Time, Providing Them With Maximum Flexibility And Benefits, Providing The Ultimate Trading Environment.
How Do I Open An Account?
Opening An Account And Receiving A Welcome Bonus Involves A Simple Three-step Process:
Registration: First Register On The Platform, Which Is A Quick Process That Takes Less Than 15 Seconds To Complete. This Step Involves Providing Basic Personal Information To Set Up Your Account.
Deposit: After Registration, You Can Fund Your Account Through An Initial Deposit. The Minimum Amount Required To Receive The Welcome Bonus Is $50. This Deposit Can Be Made Through The Various Payment Methods Available On The Platform.
Claim The Bonus: After Completing The Deposit, You Will Be Eligible For The Welcome Bonus. The Platform Offers A 100% Bonus For Your First Deposit, Which Will Be Credited To Your Account, Doubling Your Initial Investment And Providing Additional Funds For Trading.
Strategies
The Platform Offers A Structured Approach To Trading, Classifying The Various Strategies Into Three Levels: Simple, Basic And Advanced. Each Level Is Targeted At Traders With Different Levels Of Experience And Expertise.
Simple Strategy:
Trend Reversal Trading: This Strategy Focuses On Identifying Trend Reversals Without The Use Of Indicators, Relying Solely On Candle Chart Analysis To Trade At The Best Possible Time.
Absorption Strategy: It Involves Identifying Specific Candle Patterns Where Each Subsequent Candle Is Larger From Low To High Than The Previous One, Emphasizing Timing And The Importance Of Candle Chart Analysis.
Interstitial Trading: This Strategy Takes Advantage Of Price Gaps Due To Significant Volume Changes, Especially On Weekends, To Provide A Profitable Opportunity For The Following Monday.
Basic Strategy:
Pinocchio Strategy: Named After The Appearance Of A Pin Bar Candle, This Strategy Predicts Trend Changes Based On The Length Of The Wick, Similar To Pinocchio's Nose, Indicating A Potential Reversal.
Three Candles Strategy: A Chart-based System That Looks For Specific Fluctuations To Appear On The Chart, Providing A Basis For Effective Price Movement Forecasting.
Domino Strategy: Best Suited For Non-volatile Markets, This Straightforward Approach Does Not Require In-depth Market Knowledge And Focuses On Following A Clear System.
Advanced Strategy:
Trading Within The Price Channel: This Strategy Excels In Low-volatility, Night-time Markets And Allows For Multiple Profitable Trades In A Short Period Of Time By Trading Within The Horizontal Price Channel.
Trading Bitcoin: With The Highly Speculative Nature Of Cryptocurrencies, Bitcoin Trading Has Become An Important Market Phenomenon That Attracts A Variety Of Traders.
Parabolic SAR Trading: Utilizing The Parabolic SAR Indicator, This Strategy Helps Identify Trend Reversals, Making It A Powerful Tool For Profit Decision-making.
Trading Platform
The Trading Platform Features A Dedicated Trading Room Designed To Serve As A Tool That Promotes A Confident And Streamlined Trading Experience. This Exclusive Space Is Open Only To Clients Who Meet Certain Conditions, Providing Them With Valuable Trading Signals From The Platform's Leading Traders.
The Purpose Of The Trading Room Is To Enhance Users' Trading Efficiency And Profitability By Providing Expert Insights And Real-time Advice, Thus Enabling Them To Make More Informed Decisions And Potentially Increase Their Income Through The Platform.
Trading Sessions
The Trading Sessions On The Platform Are Organized According To The Major Global Financial Centers, Catering To Various Time Zones And Providing Traders With The Opportunity To Participate In The Market Almost 24/7. Each Trading Session Reflects The Business Hours Of Financial Marekt In Their Respective Regions:
Asia:
Tokyo, Hong Kong, Singapore: The Asian Trading Session Starts At 08:00 GMT + 08:00 In Tokyo And 09:00 GMT + 08:00 In Hong Kong And Singapore. It Ends Between 16:00 And 18:00 GMT + 08:00 And Is The First Major Market To Open, Setting The Tone For The Trading Day.
Europe:
Frankfurt, London: The European Trading Session Starts At 14:00 In Frankfurt At GMT + 08:00, Starts At 15:00 In London, And Closes Between 22:00 And 00:00 In GMT + 08:00. This Session Is Known For Its High Volatility And Liquidity Due To Its Overlap With The Late Part Of The Asian Trading Session And The Opening Of The US Market.
USA:
New York, Chicago: The US Trading Session Starts At 21:00 Beijing Time, 22:00 In New York, And Ends Between 04:00 And 06:00. This Session Is Characterized By Major Economic Data Releases And Overlaps With The European Trading Session, With Significant Volatility On The Forex Market.
Oceania:
Wellington, Sydney: The Oceania Trading Session Starts From GMT + 08:00 05:00 In Wellington, GMT + 08:00 06:00 In Sydney, And The Closing Time Is Between GMT + 08:00 13:00 And 15:00. Although The Volume Is Smaller Compared To Other Trading Sessions, It Is Crucial For Traders In The Pacific Region And For Those Trading The Australian And New Zealand Dollar Currency Pairs.
Demo Account
The Platform Offers A Demo Account Feature, Equipped With $10,000 In Virtual Funds. This Tool Is Designed To Allow Traders To Practice And Refine Their Trading Strategies Without Any Financial Exposure.
It Allows Full Access To All Available Features Of The Platform, Simulating Real Trading Conditions, But Using Virtual Currencies. This Setup Is Ideal For Both Beginners Who Are Learning Trading Skills And Experienced Traders To Test New Strategies In A Risk-free Environment.
Signing Up For A Demo Account Is A Simple Process That Enables Users To Immediately Start Practicing And Build Confidence Before Transitioning To Real Trading.
Deposits And Withdrawals
The Platform Provides A Diverse And User-friendly Way Of Financial Management, Supporting A Variety Of Payment Methods For Deposits And Withdrawals.
Customers Can Conveniently Transact Using Traditional Banking Options, E-wallets, And Various Cryptocurrencies, Ensuring Flexibility And Convenience For Traders Worldwide. Accepted Payment Systems Include Major Credit And Debit Cards Such As Visa And Mastercard, Popular E-wallet Services, And Leading Cryptocurrencies Such As Bitcoin, Litecoin, Ether, Ripple, And Tether.
Minimum Deposit Requirements Vary Depending On Account Type, Starting With A Start Account Of 0 Dollars To 100 Dollars, Enabling Individuals Of Varying Financial Abilities To Begin Trading.
This Inclusive Financial Structure, Combined With A Diverse Range Of Payment Options, Underscores The Platform's Commitment To Providing Users With A Seamless And Thoughtful Trading Experience.
Customer Support
The Platform Offers Dedicated Customer Support To Assist Customers With Questions And Concerns. For More Information Or Support, Please Contact The Customer Via Email Support@binarium.com.
Additionally, Two Phone Numbers Are Available For Direct Contact: + 357 (22) 052784 And + 44 (203) 6957705. This Ensures That Customers Have Multiple Channels Of Communication To Meet Their Preferences For Electronic Or Telephone Support.
The Customer Support Team Is Based At The Platform's Headquarters, In Suite 305, Griffin Enterprise Center, 1510 Beachmont, Kings Town, Saint Vincent And The Grenadines, Providing A Central Point For All Client Server Operations.
