Have you heard about BinaryMate? It is a newcomer to the binary option segment. In spite of being very young, they have already attracted a great number of users and have got several positive comments which support steady growth of users of the platform.
In our BinaryMate Review we would like to reveal you its advantages and disadvantages. The main thing about them is the fact they place the trader first and are followers of a transparent policy especially when speaking about displaying the facts touching the trades made by their users. On welcome page of their website you will see they have about 1,100 accounts registered and monthly pay out about 1,094,386 USD. But, in our opinion, more impressive fact is that BinaryMate withdrawals are processed just 41 minutes on the average.
Advantages
- Highly skilled and polite customer support team using innovative video chat
- Peculiar new approach to customer support and process of trade
- User-friendly and intuitive service.
- No downloads as all the software used is a web-based solution.
- Rather high welcome bonuses varying in the range 20 – 100 %.
Disadvantages
This broker is really young and its final product still needs to be polished.
The Facts
You can find many binary option brokers who seem to offer a real service but, in fact, are hunting for your money. BinaryMate has not been registered yet but it doesn’t belong to that category. They still have some areas to be improved but in general they provide their traders with a solid service and give them a vast number of tools which help the traders to profit. BinaryMate’s approach is characterized by great amount of useful information provided to every trader. That encourages successful work of the service customers and attracts other traders. Both above mentioned factors are increasing their customer base and improving rate of return for everybody working with them.
Now you can get 90 % rate of return and they also suggest their newcomers welcome bonuses which can reach 100 % of the newcomer’s initial deposits. The procedure of account opening is simple but you will have ability to trade only when you deposit at least 250 USD. Later you will be able to add funds in the currency you will choose for your account (USD or EUR). In order to deposit or withdraw your funds you may use a vast number of methods: debit or credit cards (inclusive of AMEX); e-currencies, e.g.: Neteller, WebMoney, BitCoin, Qiwi, etc. We should mention that BinaryMate does not charge for deposits or withdrawals; but remember that your payment provider can take some fees.
Because of great number of positive BinaryMate reviews got and a good range of products offered the platform definitely has the potential to become much larger.
Trading
Their website is available with any device: desktop, laptop, tab or phone. And that gives you an opportunity to trade with BinaryMate wherever you are on the globe. Just a single button click will show you your current trade situation, the status of your account and a variety of trading options you may use with the basic price movement option, rapid trades, etc.
Your login and password are the same for all the devices you are going to use for trading. Your access data is perfectly protected regardless the device you use to enter your account.
BinaryMate website is extremely easy to navigate. Everything is in its place, all the traders need and nothing extra. That helps even inexperienced users easily place their trades and become successful traders.
Support
Many platforms offer contact their support with the help of phone, live chat and email. BinaryMate has all of the methods for communicating with customer support too but the platform also has one more method which can be hardly met among other brokerage. We are talking about their video chat available to all account holders round the clock. There are two versions of the chat: public (when other users can join the chat) and private (when talk to a support team member one to one). Through this channel you can get assistance for trading process itself as well as for its technical aspects and the platform options and features. We think this feature will be popular among other brokers soon.
If speaking about their FAQ, it is extensive and embraces all the basic questions traders can wish to receive an answer to.
Account Types
Like any other brokerage they have several account types. The higher is the level of the account, the bigger is the initial deposit a trader has to deposit. In order to have a basic one you have to deposit at least 250 USD. On depositing you will get your 20 % welcome bonus and therefore have 300 USD on your account. In order to have a middle account you have to deposit at least 1,000 USD and finally you will have 1,500 USD to start your trading thanks to welcome bonus.
In order to have a top level account you have to deposit at least 3,000 USD and the same amount will be added to your account as a welcome bonus.
To know more about successful binary options trading please check this binary options trading guide