Binary Mate is a new broker who was started in 2016. Claiming to be both a binary options and CFD broker, I do not see any possibilities of trading in CFDs. So, Binary Mate is a binary options broker.
Transparency does seem to be an issue with Binary Mate. They operate from the island of Seychelles but it is not clear who the owner is. It does state that operations are Affort Projects S.A. and one source states it is owned by Suomen Kerran LP.
Before you choose this broker, I suggest you read this review completely.
Binary Mate Trading Platforms
The engineers with Binary Mate designed an easy to use trading platform that seems geared towards new binary options traders.
Traders can trade on options ranging from 1 minute to 30 minutes, intraday and long term.
Binary Mate also has developed apps that work on any mobile device. Or you can trade through the normal platform as it is also mobile friendly.
Binary Mate Trading Markets
The only way a trader can know what assets are available to trade on at Binary Mate is by signing up with this broker.
It says on their website there are over 100 assets to trade in. But after signing up, we discover there are nowhere near 100. It seems there are about 30 currency pairs and just a few commodities.
Binary Mate Customer Support
This is the top selling point of Binary Mate. The minute you enter their website, you will see a beautiful woman wearing a headset ready to chat with you.
As a matter of fact, the whole site seems to be full of beautiful women wearing tight clothing. So it seems Binary Mate is trying to attract men who are lonely.
So it seems they are adamant about providing sexy customer service but it also seems these women do not know much except what is written in front of them.
Binary Mate Security & Fairness
Binary Mate claims your funds are secure and they take special precautions to safeguard your information.
But the fact remains that Binary Mate is not licensed or regulated. There are many complaints against this binary options broker.
Binary Mate Pros
I decided to review all the pros and cons of Binary Mate and found
- Beautiful women to chat with
- Supposed withdrawals within 1 hour
- A slew of methods to deposit and withdraw
- Trading contests
Binary Mate Cons
The cons Binary Mate has are:
- Not licensed or regulated
- Customer service is not knowledgeable
- No demo availability
- Many complaints
Binary Mate Summary
They are quite new on the block but have already been complained against a lot.
Here at investing online, we just provide the review and it is completely up to you which broker you choose to use.
Personally, I believe there are better and safer binary options brokers. Be sure and check out the other broker reviews so you can get the best broker to fit your needs.
And, if you have used Binary Mate, please tell us your impression.