Binary Mate
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◆ Is BinaryMate a Legit or a Scam Binary Options Broker?
BinaryMate Free Demo ◆ Account Types & Bonuses ◆
Check Out This 100% Full & Objective Binary Mate Review ◆
How to Open a Free Account with This Broker – See Below!

Read Full Review


Broker Binary Mate
Website URL
Support Types Live Chat, Phone, Contact Form, E-mail
Languages USD, EUR
Minimum 1st Deposit $250
Bonus Up to 100%
Payout 90%
Free Demo Account Open Demo
Account Types Bronze, Silver, Gold
Deposit & Withdrawal Methods VISA, Master Card, JCB, American Express, Union Pay, Neteller, Perfect Pay, Web Money, Qiwi, Yandex Money, Bitcoin, OK Pay, AliPay
Number of Assets 30+
Overall Score 8.5/10

Full Review

binary-mate-platformBinary Mate is a new broker that is located in Seychelles and is operated by Senora Impex SA. The broker started offering its services to binary options brokers in 2016 and from that time, they have also attracted enormous attention. They are regarded as reliable broker that offers high quality services to its clients. But is this really true? Is Binary Mate a safe and legit option for online traders?

During our research, we looked at what the broker has to offer including their account types and trading platform. We also looked at customer reviews from genuine traders. So if you had been thinking about signing up with them, read this review first as it will help you make the right decision.

Is Binary Mate A Scam?

Before you sign up with a broker, you must make sure that they are reputable and reliable. One of the things that you can check is their licenses. If a broker is regulated by a financial regulatory body such as CySEC, then you know that you are doing business with the right people. But what if the broker is not regulated? Does it mean they are not reliable? Not, it doesn’t. Even Binary Mate is not yet regulated. They don’t hold licenses, but they are very much reliable and safe. The reason is that Binary Mate is a new broker and since they have just started out, it will take them time to acquire their licenses. Aside from this, there is nothing else that indicates that they could be a scam. Their online reviews, comments from traders and testimonials suggest that they are legit. There aren’t complaints about them either. Traders are happy and satisfied with the experience at Binary Mate and it is not surprising to see why so many new traders are looking to sign up with them.

Review Verdict: Binary Mate is NOT a Scam

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Trading Platform

The team at Binary Mate have developed their very own trading platform which traders can use to make investments. It comes with a unique layout and design which makes it easy to use and navigate. The platform is suitable for every level of trader. Novices will also feel at home when trading via their proprietary trading platform. The platform is available on desktop and also as mobile application on Android and iOS powered devices. Traders get a high level of security and safety when trading with this broker. The choice of assets and trading options are vast.

Account Types and Bonuses

Traders can choose between three types of accounts at Binary Mate. Here’s an overview of the account types.


Bronze – requires a minimum deposit of $250. The welcome bonus is 20%. Traders also get access to quality educational materials and tools as well as their customer support service 24/7. Demo account is also available.

Silver – to open this account, traders must make a deposit of at least $1000. A 50% welcome bonus is available including as well as perks such as 3 risk free trades, educational materials, demo trading and customer support service.

Gold – requires traders to make a deposit of at least $3000. The welcome bonus with this account type is 100%. Other benefits include demo trading, risk free trades, personal account manager and access to educational materials.

How To Get Started? Steps

  1. Free Sign Up – to get started, you must fill in your details in the sign up form provided on their website.
  2. Trade and Profit – you must choose an account type and deposit the required funds. Once you have your funds in your account, you can trade and earn profits.
  3. Withdrawal – a simple withdrawal form must be completed when it comes to requesting a withdrawal. You must also be prepared to provide some documents for verification.

Deposit and Withdrawal Procedures

Deposits and withdrawals are pretty straightforward. The range of options available for payments is vast and they include credit cards, debit cards, wire transfers, bitcoin, PayPal, Neteller and so on. The minimum amount for a deposit is $250 and $50 for a withdrawal. Withdrawals can take anywhere between 1 and 10 days to be processed. A fee is applied when requesting withdrawals. For wire transfers it is $50 and for other methods it is $20 or 3.5% whichever is higher. Traders will also have to provide documents such as copies of ID and proof of address when requesting a withdrawal. This is done to verify accounts and prevent money laundering.

Customer Support

One of the things that we are really impressed with is their modes of communication. Traders who want to get their issues resolved or simply have doubts to clarify can contact them on their phone, send them an email or chat with them live.


Video chat option is also available which is unique and convenient. Support is available round the clock so you can expect prompt response whenever you contact them.


good_choice_stamp_top20binaryTo conclude, Binary Mate is a reliable broker and they have really impressed our team with their services and features.

We give a big thumbs up to this broker for being so genuine and trustworthy.

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