BinaryMate is rebranded in RaceOption.
BinaryMate offers unique benefits such as guaranteed 1-hour withdrawal processing and live video support 24 hours a day. The company offers different account levels based on deposit and bonus bonuses and risk-free trading at specific account levels. Conditions apply.
Main point:
- Minimum deal $1
- Minimum deposit of $250
- 1 hour withdrawal treatment
- $20,000 prize contest
US residents can open an account, and the company also offers a demo account allowing potential new traders to try out the platform. The brands offer a wide range of deposit and withdrawal options. One hour processing is an interesting suggestion, showing that BinaryMate knows what frustrates customers elsewhere.
Exchange
The platform and trading area look smooth and complex. All the options that traders have to exercise are easily accessible and easy to use. One of the appeals of binary options is its simplicity when compared to other trading tools. – The exchange is still here.
The price chart has a visual line of expiry times and histogram, and shows the break point at which the trade took place. When a deal is done, the chart shows the deal and the chart updates the position as the price changes. You can open multiple trades on the same chart.
Trade options are located at the top and right of the screen. Default and expired assets are placed at the top of the screen using a simple drop-down menu. The trade size is located in the upper right corner of the trading area and below the trade button. It is very clear with the current strike price so that the trader can see the exact trade price.
Payouts for specific assets are shown as a percentage to the right and potential payouts are based on the selected trade size. The platform has some extra features like a chart option and an ’emotion’ bar, which shows which direction the trader is currently predicting.
The trading area is easy to use and looks nice. – Integrate everything a trader needs in a neat and usable way. Such clarity is conveyed very well to mobile applications.
Trader’s Choice
Three types of digital transactions are possible:
- High / Low Standards
- 60 seconds
- One touch
The selection of underlying assets includes common currency pairs (forex), stocks, indices and commodities. BinaryMate’s range is comparable to most of the major brands listed with all known assets.
Payouts reach 90% but vary depending on the market and expiry times and certain underlying assets. Overall, BinaryMate’s pricing is better than the competition.
Mobile app
The mobile platform is designed for Android and iOS (iPhone and iPad_) and leverages each operating system. Trading platforms for web and mobile are designed to work the same on all devices. The web version looks and looks like the mobile version and this feature gives traders a seamless user experience.
The mobile app not only executes trades instantly, but also offers account management options and full charting tools. Traders can also display their entire trading history on mobile devices. It’s a very powerful proposition and carefully developed and built.
Withdrawal
The company is proud to be committed to the industry’s best hourly handling. This is superior to other companies and is a definite plus. To request a withdrawal, a user must complete a verification process. It is advisable to do this as soon as possible to avoid payment delays or disputes.
Withdrawal methods include all e-wallet services, including wire transfers, debit and credit cards, Paypal, Neteller and Web Money. BinaryMate also accepts Bitcoin deposits, a unique selling point for crypto users. The minimum amount you can withdraw is $50.
FAX
The company also offers deposits and withdrawals through its new wallet provider Paxum. The new company Paxum offers the same services as Paypal and Skrill. To date, BinaryMate is the only company that makes payments and withdrawals through Paxum’s services.
Some bonus terms and conditions imply that turnover requirements are established prior to withdrawal. For this reason, you must read the prize conditions. If the turnover requirement is not met, the trader can refuse the bonus.
Contest
There are regular contests where traders can compete against each other for a total of $20,000. The terms and conditions of each contest may vary but are intended for both experienced traders and beginners. Some are based on the number of transactions, others based on specific revenue or assets. They are interesting features but are favored by traders. Every week, at least 20 traders win the contest.
Demo account
BinaryMate offers a demo account, but traders need to sign up and discuss the demo with the account manager. There may also be a time limit for how long you can use the demo account. Offering a demo account is certainly a good thing, but this is a brand that can focus on more clients and offer unlimited demos to show the platform to more clients.