What Is Binarium? A Comprehensive Guide

What Is Binarium? A Comprehensive Guide

Binary options trading is a great way for beginners to get started and earn money quickly.

Yes, the risk-to-reward ratio can be quite high, but it’s one of the easiest trading instruments to learn and navigate. And it’s even easier if you’re using a great binary options broker like Binarium.

Binarium has been around since 2012. Over the course of the last 12 years, it has earned a reputation for offering users superior trading tools and helpful resources.

In this article, we’ll go over the ins and outs of Binarium so you can decide whether it’s the right trading platform for you.

Content

Binarium: Vision, Mission, and Key Milestones

Binarium was founded with a mission to offer advanced trading support without sacrificing ease of use.

One glance at the platform and you can see that they continue to live up to this promise. Binarium’s features may be advanced, but its Binary options trading catalog is simple and accessible to new users while still being suitable for seasoned traders.

Dig a little deeper and you’ll find even more evidence that the company is fulfilling its mission:

  • Platform that implements the latest technological advances
  • Expanded market reach
  • High levels of customer satisfaction
  • A strong emphasis on educational initiatives

Demo account as one of the credible features

Demo account as one of the credible features

Binarium Features Timeline

Since its founding, Binarium has continuously updated and refined its features to keep up with the evolving needs of traders. Here is a brief rundown of that progression.

  • 2012: Binarium launches, providing binary options trading services to its user base
  • 2015: Introduction of additional trading instruments, including cryptocurrencies and forex
  • 2018: Expanded customer support services, including 24/7 live chat and multilingual service agents
  • 2020: Advanced security measures, including two-factor authentication and enhanced encryption protocols
  • 2022: Recognition as a leading binary options platform by industry experts, including awards for user experience and innovation

Sign up to Binarium and experience the thrill of Binary Options trading! 

Further reading

How Does Binarium Work?

How Does Binarium Work?

Binarium’s core offering is binary options trading. This is a simple trading instrument that allows users to earn by predicting the direction of price movements for a given asset.

Rahul Nambiampurath, an analyst at Trading.biz, breaks down the process:

“Traders choose whether the price of an asset will go up (call option) or down (put option) within a specified time frame. 

If the prediction sticks, the trader earns a fixed profit. If it is incorrect, the trader loses the invested amount.”

It’s that straightforward.

Curious about Binarium’s user-friendly features? Create an account and start exploring!

Trading Options Available on Binarium

When you start trading on Binarium, there are two categories of trades you can focus on:

  1. Standard high/low orders
  2. One Touch binary options

Higher level accounts will unlock even more options, like Range and Turbo, which provide high flexibility and short expiry times.

If any of that sounds confusing or intimidating, it doesn’t have to be. You can create a demo account and try out each trading mode without putting any of your real money at stake.

Types of accounts available on Binarium

Types of accounts available on Binarium

To give you a better sense of what you can do once you create an account, here’s a short list of major assets you can trade on Binarium.

1. Currencies (Forex)

  • Major Currency Pairs (e.g., EUR/USD, GBP/USD, USD/JPY)
  • Minor Currency Pairs (e.g., EUR/GBP, AUD/NZD)
  • Exotic Currency Pairs (e.g., USD/TRY, EUR/TRY)

2. Commodities

  • Precious Metals (e.g., Gold, Silver, Platinum)
  • Energy Commodities (e.g., Crude Oil, Natural Gas)
  • Agricultural Commodities (e.g., Wheat, Corn, Coffee)

3. Indices

  • Global Stock Indices (e.g., S&P 500, Dow Jones, FTSE 100, DAX 30, Nikkei 225)

4. Stocks

  • Shares of Major Companies (e.g., Apple, Google, Amazon, Facebook, Microsoft)
  • Shares of Popular International Companies (e.g., Toyota, Samsung, Alibaba)

5. Cryptocurrencies

  • Major Cryptocurrencies (e.g., Bitcoin, Ethereum, Ripple, Litecoin)
  • Emerging Cryptocurrencies (e.g., Cardano, Polkadot, Chainlink)

6. Other Instruments

  • ETFs (Exchange-Traded Funds) tracking various sectors and markets
  • Bonds issued by governments and corporations

Choice of assets

Choice of assets

Further reading

Tools and Resources

Binarium offers several useful tools to help prospective traders understand the market, including:

  • Real-time charts
  • Economic calendar
  • Demo accounts
  • Technical indicators

Binarium’s trading interface

Binarium’s trading interface

Further reading

How to Start Trading on Binarium

Once you’ve decided to try Binarium, getting started is a breeze. Just follow these simple steps:

  • Register and create an account so you can log in with ease
  • Deposit funds into your account
  • Go to the “Withdrawal” section to verify your account and ensure you can move funds seamlessly

Deposit page, where you can fund your account and get started

Deposit page, where you can fund your account and get started 

Note: At the time of writing, Binarium requires a passport for account verification. 

Account verification requirements

Account verification requirements

  • Access your dashboard and choose the type of asset you want to trade
  • Make a prediction, place a trade, and see whether it was successful

While you can simply wait for the trade to play itself out, it also pays to track price movements closely. You can close trades before they expire and, in some cases, that can result in more favorable outcomes.

Ready to earn? Create a Binarium account and start trading right away!

Further reading

Depositing Funds and Withdrawing Earnings

The goal of trading is, ultimately, to grow the money you’ve invested. That makes depositing funds and withdrawing your earnings an important part of the process. And Binarium makes this incredibly easy.

How to Deposit Funds into Your Binarium Account

  1. Log into your account
  2. Navigate to the Deposit section
  3. Select your payment method
  4. Enter the amount you want to deposit
  5. Finalize the transaction

Payment options available on Binarium

Payment options available on Binarium

How to Withdraw Earnings From Your Binarium Account

The withdrawal process is very similar to making a deposit. The main difference is that you will need to be mindful of withdrawal timelines.

Binarium processes any withdrawal request within 24 hours.

However, that doesn’t mean the money will reach your account by the following day. The actual timeline will depend on your chosen payment method. Bank transfers, for example, take 3 to 5 days.

So while you can withdraw your funds quickly and easily, be aware that you won’t have access to them immediately.

Further reading

Regulatory Posture and Security Standards

Based on its widespread popularity and stellar reputation, you might assume that Binarium is a regulated binary options brokers.

Unfortunately, that isn’t the case. Binarium is not licensed by any major financial authority.

The company does, however, take pains to secure its users’ investments by adhering to global KYC and AML standards. As a broker, Binarium also takes security seriously and has implemented:

  • Two-factor authentication
  • Encryption protocols
  • Regular security audits

Binarium’s strict data protection policies

Binarium’s strict data protection policies

On top of that, Binarium has a stringent data protection and privacy policy. This includes very strict standards governing the collection, storage, and use of customer data.

Further reading

Final Thoughts

With all the features it offers and its commitment to continuously refining its product, Binarium is easily one of the better binary options brokers currently on the market.

Potential users might get cold feet when they realize it’s not a regulated platform, but the company’s reputation speaks for itself.

In recent years, Binarium has been recognized as:

  • Best Binary Options Platform (2019) – International Financial Awards
  • Most Innovative Binary Options Broker (2020) – Global Forex Awards
  • Excellence in Customer Service (2021) – Financial Trading Magazine

With this kind of industry backing, traders who are considering Binarium should give it a try without hesitation.

Binary options is a simple way to start trading and earning, and Binarium makes it even more accessible. It’s a great option for new traders, and perfectly suitable for those with more experience as well.

Further reading

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