BinaryMate Review

Scam AlertWarning! Americans should only trade at the CFTC regulated exchange at: Nadex.com.

You start with a Free Demo Account, see Nadex.com.

BinaryMate Review

BinaryMate is a binary options broker that opened in June 2016. BinaryMate is owned by Affort Projects S.A. located at 309 & 310 Office, Albert Street Victoria, Mahe, Seychelles. Their phone number is (829) 954 8077.

The email address is payments@Binarymate.com. You can see common broker complaints here.

Automated Trading Robots

Do Not Use any auto trading robot until you have read about the scam.

The most advanced automated trading software today is called Option Robot Pro.

BinaryMate Review

The trading system that Binary Mate gives their clients in a new proprietary system that is not found at any other broker. The really unique feature that sets them apart from other brokers is their live video chat with customer service representatives, see here. We actually tested it, and they are real people!

They offer 3 types of binary options; Turbo, Intraday and Long Term options. The Turbo options are for 30 seconds, 1, 2, 5, 10, 15 and 30 minutes. Long term options are weekly that go out five weeks. The minimum deposit for new accounts is $250, and the minimum trade size is $1. Starting in February, they account Skrill for deposits.

Binary Mate says that they process withdrawals within one hour, but we have not actually tested them out.

BinaryMate Binary Options Broker

BinaryMate Bonus

They offer new traders bonuses up to $10,000, see here. As with all brokers, there are certain terms and conditions attached to the bonus money, and it is important for a new investor to really understand the rules.

There are many complaints in the binary options forum from traders who accepted a bonus without fully comprehending how it works.

BinaryMate License

Scam Broker Investigator has reviewed over 200 binary option brokers since our founding in 2012. One of the ways you can determine if a broker is legitimate or a is to check if they have a license from your local governments financial regulator. To find a licensed broker you can look here for the full list.

When reviewing BinaryMate, we did not see a license.

Scam AlertWarning! The best CFTC regulated binary options exchange is at Nadex.com.

FINRA published an investor alert regarding offshore binary options brokers, read more on FINRA’s website.

Compare BinaryMate

Nadex is the best regulated binary options exchange in America. Go try out their demo trading account, see here.

BinaryMate Open Account

Please tell us about your experience trading at BinaryMate, in the comments below.

BinaryMate Review

Scam AlertWarning! Americans should only trade at the CFTC regulated exchange at: Nadex.com.

You start with a Free Demo Account, see Nadex.com.

BinaryMate Review

BinaryMate is a binary options broker that opened in June 2016. BinaryMate is owned by Affort Projects S.A. located at 309 & 310 Office, Albert Street Victoria, Mahe, Seychelles. Their phone number is (829) 954 8077.

The email address is payments@Binarymate.com. You can see common broker complaints here.

Automated Trading Robots

Do Not Use any auto trading robot until you have read about the scam.

The most advanced automated trading software today is called Option Robot Pro.

BinaryMate Review

The trading system that Binary Mate gives their clients in a new proprietary system that is not found at any other broker. The really unique feature that sets them apart from other brokers is their live video chat with customer service representatives, see here. We actually tested it, and they are real people!

They offer 3 types of binary options; Turbo, Intraday and Long Term options. The Turbo options are for 30 seconds, 1, 2, 5, 10, 15 and 30 minutes. Long term options are weekly that go out five weeks. The minimum deposit for new accounts is $250, and the minimum trade size is $1. Starting in February, they account Skrill for deposits.

Binary Mate says that they process withdrawals within one hour, but we have not actually tested them out.

BinaryMate Binary Options Broker

BinaryMate Bonus

They offer new traders bonuses up to $10,000, see here. As with all brokers, there are certain terms and conditions attached to the bonus money, and it is important for a new investor to really understand the rules.

There are many complaints in the binary options forum from traders who accepted a bonus without fully comprehending how it works.

BinaryMate License

Scam Broker Investigator has reviewed over 200 binary option brokers since our founding in 2012. One of the ways you can determine if a broker is legitimate or a is to check if they have a license from your local governments financial regulator. To find a licensed broker you can look here for the full list.

When reviewing BinaryMate, we did not see a license.

Scam AlertWarning! The best CFTC regulated binary options exchange is at Nadex.com.

FINRA published an investor alert regarding offshore binary options brokers, read more on FINRA’s website.

Compare BinaryMate

Nadex is the best regulated binary options exchange in America. Go try out their demo trading account, see here.

BinaryMate Open Account

Please tell us about your experience trading at BinaryMate, in the comments below.

Reviewed by Scam Broker Reviews
  • David

    I have been trading with BinaryMate for a week now and I gotta say I sent the verification documents and let the manager know that I had done it and I was verified the next 5 minutes after that. They are indeed live streaming because I asked her to wave at me and she did lol. They are also really hot!!!! I’ve tried all the platforms that a USA trader would want (Porter Finance, Goptions, Nadex, CToptions, Tropical Trade, etc.) and BinaryMate’s platform is very similar to IQ options (they don’t accept usa traders). Payouts are very high throughout all the trading sessions and I overall like them. I’ve put in a withdrawal request today we’ll see if this broker will payout. I’ve reached the 100% turnover requirement and did not take a bonus and now I should be able to withdraw my initial investment and profits. We’ll see how it goes.

    • Tally

      Hi David. Did you receive your withdrawal from BinaryMate?

    • Josh

      Hey David how did your withdrawal go?

    • Jeff Hendrickson

      did you get your money????????

  • Bobbie Hereford

    did u get your funds?

    • Jeff Hendrickson

      did you get your withdrawal???????

  • omar

    be aware guys i invested 1000$ in binarymate.com made them 23000$ they gave me back my 1000$ and the 22000$ they are not releasing my funds and saying that the funds are back to the market be aware these brokers are scammers

    • Ryan Adams

      hey any updates on your returns?

  • Timz

    has anyone actually had a successful withdrawal payout?

  • Patrick Moore

    i’ve seen on their page that it is regulated, can you update and let us know who they are regulated with?

  • Lisa

    Has anyone done a successful withdrawal with this company?

  • Dmutro Kateruna

    how reliable binary options broker BinaryMate?

  • Ryan Adams

    did you manage to get them yet?

  • Ryan Adams

    did you get your withdraw yet?

  • gravediggerpro1

    This place is a joke. I’ve tried 5 times now to make a withdrawal, 5 times I’ve had an different excuse. First I deposit 250 euros, I’m up and down for a bit and then decide this ain’t for me and try a withdraw xxx euros, I’m then told by email that I need to meet the deposit amount so I do that and try and withdraw again at xxx then I’m told I need to withdraw at least 50 which I’d read about but I didn’t know that was on top of my deposit so I’m then told I need 300 or more, I manage this and try to withdraw again at xxx, then I told I have to wait a few days for a success manager???? I then get an email saying that it gone to the finance department, they then say it’s going to take 1-3 days of that. My hopes of getting paid out are fading fast an me visiting the bank to get it back. I don’t mind winning or losing I except that but deciptful bare lies just show what scum people can be. I hope they prove me wrong and I get paid out but it’s not looking promising considering my xxx euros balance is still sat in the trading part of my account with these plastic conartists. How have they been able to keep going since last Aug 2016 is beyond me.
    1 hour payout! Don’t make me laugh.

  • gravediggerpro1

    Just an update, it’s looks like I’m going to have to get my bank involved, just for the record on checking where my payment went it went to binarymate.com Azabaijan.

  • andrew aspden

    Don’t give them anything unless you are confident you can make over 9k with a 250 deposit. Even if you can make money trading, I’m not sure anyone has had a successful withdraw. They will force a bonus onto your account even if you don’t check the box when you signup and then say you accepted it so now you have to turnover 30x the bonus amount in order to withdraw anything. They also say deposit 250 and you can use the free demo account but after using the demo account for awhile they will stop refilling the fake money and tell you that you have to deposit more money to keep using the demo account. Be aware, they definitely are not upfront about their practices.

  • gravediggerpro1

    Just another update. After many emails and phone calls I have actually got my deposit back, I did have a little bit of balance left which I was more than happy to take down joyfully to a zero balance and then ask for account deletion.
    Never again…EVER!.

  • Yv. La. Jr

    I deposited 250 dollars, took no bonus. I was able to double it with my strategy; made it 512 dollars. They did pay me the withdraw I requested which was 250 dollars. However, It took longer than 1 hour.

    • Yv. La. Jr

      I am on my second time doubled my deposit. After I made a bunch on request they told me it will take 2 to 3 day.

  • Afolabi Alli

    Another update. I asked a rep where they are based off and they said OMFG i kid you not SCOTLAND….really ??? SCOTLAND. Why the heck then do they have a Seychelles number as the contact ? Of course they don’t know i am of African origin so i know that that is an island off the the African coast in the Indian Ocean!!!!!!!! Hate being lied to.

  • henrique

    well it is a scam and they manipulate the tick so you loose your orde. I am waiting more the two weeks to receive my withdrawl off 680 euros. Each time they say that neteller is unavailable but when you go talk to them on the chat they say that there is now problem with neteller. they asked if i had a bitcon account So i openend one. Still waiting for my money and it is more then 2 weeks each time the same awnser saying it is all approved but nothing yet

  • Yv. La. Jr

    Finally, I never received my money. Binarymate is a scam.

  • Yv. La. Jr

    what broker

  • Al-Asaq Surabia

    good broker. $1 trades and seven of ten or eight of ten accurate signals. i tried to deposit with BTC and it was good for withdrawal

  • Liam

    Hi guys, I just deposited £250 without any bonus, verification took 1-2 hours and I started trading with small trades. Will make a short review of my trading here in comments. I’ve had experience with other brokers and I can’t say Binarymate differs from them. Will run my “test” campaign for this broker.

  • Jan

    Good girls in chat answer fast, trading is OK, but 0 profit. I am in good positions but need to make more strategy trading. Trades are opened instantly and good bitcoin trading.

  • lahoma seymour

    what is the best trading soft5ware outthere that actually working right now

  • Dave

    I can say with absolute certainty that they manipulate the ticks.

    After receiving an $800 “bonus” post losing my own $800 I was able to
    win trades and grow my account to 3Gs. Requested a $1,500 withdrawal and was
    presented with a pop-up window stating “Wait! It’s not favorable to
    withdraw now. You are at one step to make a complete turnover of 271,360 USD
    and save 20% on withdrawal charge. Your current turnover – 266,000 USD”
    Apparently the “turnover is 20x the amount that I deposited plus their
    “bonuses” that I accepted. So I figured that I was only 5Gs away from
    that 271K amount and would trade more. I did and my account grew to $5000.

    I put in a request to withdraw $3100 and expected a response within an hour’s
    time since they state all over the site “1 hour withdrawals”.
    Nothing. I asked one of the chat girls why I haven’t received a response and
    she tells me that the finance department is closed until 9am. How can you
    promise 1-hour withdrawals if your “finance department” is closed and
    how can you not have it staffed 24-hrs in a 24-hr forex market?

    12 hours later I emailed and called my “Success Manager” to ask
    what’s going on with my withdrawal. He gave me the song and dance that the
    finance department is very busy processing hundreds of withdrawals for big
    investors and that I am in the queue and should be approved by 3pm Monday.
    Furthermore that it could take 3-5 business days to reach my bank account.

    Come Sunday evening when the Asian markets opened for the week I thought I
    would do a few trades. I was trading 1-minute currency pairs as I usually do
    and was for anywhere between $100 & $500 per trade. I did not win one trade
    in my first 10 trades…. which is very odd and has never happened until that
    point but what I started to notice is when I was “in the money” so to
    speak the price would suddenly spike to a point above my Put price, or a point
    below my Buy price at the 2 second mark prior to the trade end forcing me to
    lose then return to it’s previous level. Now on low volatile trades trading
    within a narrow range this happens quite often, but when you’re well below your
    sell price and it suddenly spikes 10, 15, 20 or more points to 1 point above
    your sell price 2 seconds before expiry then IMMEDIATELY returns back down
    multiple times… yes, something is fishy here.

    I then reduced my trades to the $10 minimum to see if I could catch this in
    action and I did but on that particular computer I was only able to take still
    shots of my screens which had their trading window open and a live forex market
    chart open with the same pair that I was trading. It took me until my 26th
    trade to get a “win”. I’d say half the trades I was way off but the
    other half exhibited this magical behavior that I mentioned in the previous
    paragraph. At the end of this experiment I only “won” 3 out of 46 trades. BS.

    Still screen captures were not enough. I had to catch this in action so I
    downloaded and installed a screen recording app when I returned home later in
    the evening. Still at the $10 level, still seeing these miraculous ticks I
    was able to capture this in action. I emailed my “success
    manager” every video and screen shot.

    Monday morning he responds telling me that it’s not good to trade on the
    weekends because it’s only Dubai and Tel Aviv that are trading. BS. I was
    well into the night and the Asian markets.

    Early Tuesday morning comes and stupid me decides to do a few more trades to
    see if they’ve loosened their, what I will call their “this person has won
    and we have to tighten the screws” filter on me. They did not! But I
    was able to capture 2 beautiful videos that clear as day, show me well onto
    winning, a spike to exactly 1 point above my Put order on the USDSEK pair at
    the 2 second to end of trade mark, then immediately back to much lower
    level. The last video has this exact dramatic, almost magical spike even
    as the real market charts are falling! It’s beyond incredible. I am
    more than willing to share these if anyone would like to see for themselves.

    At that moment I initiated a withdrawal request of my remaining account
    balance. It has since been “approved/processed” and have been told
    that it could take 3-5 takes to hit my account.

    Sorry for the novel but I wanted to share my experience so others won’t be
    burned.

  • Dave

    I had the same exact experience with the strike price issue that you described and I have some beautiful videos of it action if anyone would like to see. Never had this issue until I requested a withdrawal. I wrote a detailed post outlining everything but for some reason it hasn’t appeared here.

  • posilock

    Joined this scam broker! Lost 300.00 dollars. robot says i was up 100% but broker said it was down 100%. Be aware stay away my Credit card wont even give me back my money! says its an investment. even though they scammed me!