Binarium Broker Review

Author Author:  Jeffrey Cammack Published: Jun 10, 2020
Editor Editor:  Chris Cammack Updated: May 10, 2023

Last Updated On May 10, 2023

Jeffrey Cammack
Broker Score
2.09 2.09 / 5
🏦  Min. DepositUSD 5
🛡️  Regulated By
💵  Trading Cost 
USD 100
⚖️  Max. Leverage-
💹  Copy Trading
🖥️  Platforms
💱  Instruments 
AlertMost retail CFD accounts lose money. Your capital is at risk.

Last Updated On May 10, 2023

Jeffrey Cammack

75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. We may receive compensation when you click on links to products we review. Please read our advertising disclosure. By using this website, you agree to our Terms of Service.

Our verdict on Binarium

🏦  Min. DepositUSD 5
🛡️  Regulated By
💵  Trading Cost 
USD 100
⚖️  Max. Leverage-
💹  Copy Trading
🖥️  Platforms
💱  Instruments 

Overall Summary

Trust Rating
000000/ 5
Trading Conditions
111003/ 5
Trading Platforms
110002/ 5
Deposit & Withdrawal
100001/ 5
Education & Research
10.50001.5/ 5
Assets Available
111104/ 5
Customer Service
111104/ 5
Beginner Friendly
Poor
Welcome Bonus

Account Information

Base Currencies
USD
Number of FX Pairs
20
Crypto Pairs
3
Copy Trading
Hedging Allowed
Scalping Allowed
Islamic Account

Trading Conditions

Account Name
Trading Desk
Commission
Fees Included in Spread
EUR/USD
0 pips
GBP/USD
0 pips
USD/JPY
0 pips
Negative Balance Protection

Company Details

Company Name
Binarium Limited
Founded
2012
Website
Website Language
English
Support Language
English
Office Locations
Latvia, Ukraine, Cyprus, St Vincent

Pros

  • Low minimum deposit

Cons

  • Limited demo account
  • Poorly regulated
  • Unpublished spreads
  • Limited currency pairs

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AlertMost retail CFD accounts lose money. Your capital is at risk.
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Broker Score
2.09 2.09  / 5
Site Icon Data provided by FX Scouts Kenya

Binarium Financial Regulation

Regulator License
Regulator License

Binarium Trading Cost Comparison

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