Binarymate is a relative newcomer to the field of binary trader. It was established in 2016 and has earned a reputation for being one of the best brokers at this time. There are several key reasons for this; these include an excellent return on your investment; one of the best amongst brokers, set at an impressive 95%. They are also able to accept traders from around the world; even those who are located in or residents of the US. This is an indication of how strictly they adhere to the financial guidelines.
As with most brokers you have a selection of account possibilities, the one you will be allocated is dependent upon the amount of your initial deposit. The minimum deposit is $250 and in keeping with what is required by most brokers. This level of deposit will grant you access to the basic account whilst the top account is reserved for those adding funds of over $3,000.
There are a variety of features which sets this broker apart from others:
- Trading can be completed for as low a charge as $1 per trade! The profits may not be large at this level but you will be able to test an array of strategies. The maximum you can place on one transaction is $10,000.
- Binarymate is offering a live video chat feature, they are one of the first brokers to offer this. You can contact and speak face to face to any customer support assistant at any time of the day or night. They provide a friendly, professional and exceptionally helpful service.
- Binarymate withdrawal process is simple and one of the fastest in the business. Before you can start trading you must register your payment method with them. You can then add funds and more importantly use the BInarymate withdrawal process to access your capital. Most transactions are completed within just six hours, making this broker one of, if not the fastest in the industry.
- The site uses all the very latest security and takes the storage of your data and financial information very seriously.
The services this broker offers are exceptionally well thought out and are probably the main reason why they have become so popular. As with any broker it is essential to read their terms and conditions before committing your funds to them; there are guidelines concerning Binarymate withdrawals and any bonuses you have accepted. This is normal for a binary broker as they must protect their own interests. However, you will find it difficult to locate another broker which offers this level of service.