Binatex is a binary options broker that opened in 2015, offering their clients a unique trading platform. Binatex is officially owned by; Yulanta Business Ltd, which is located at: Suite 1, Sound & Vision House, Francis Rachel Street, Victoria, Mahe, Seychelles.
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We see in our review of the broker Binatex, that they are operating on a unique binary options trading software. Getting started is very easy as you are automatically sent to their demo trading platform to test out the usability and interface. They have a variety of Forex pairs, along with binary options on Litecoin, Bitcoin and Ethereum. Rates of returns (payouts) are between 60% and 80%. Trading signals are available in the lower left of the trading software screen.
Minimum deposit amount is only $10, and the difference in large account types is the size of the bonus they give you.
Many investors do not know that in order to withdraw their money, they must reach a trading volume requirement of 25 times the bonus amount.
Binatex License and Regulations
When the Scam Broker Investigator reviews a binary options broker to know if the broker is legitimate or a scam, we first check to see if they are licensed. It is easy to know if a broker is licensed if they display a license number from the FCA, CySEC, ASIC or FSP.
Binatex is not a licensed broker.
You can find more licensed binary option brokers listed here.
Smart investors will compare at least 3 brokers before making a finally decision which broker to use. Look at the best broker list which is updated monthly, look here.
Are you currently investing with Binatex? Please share your experience with other investors, in the comments below.