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Binatex Review

Binatex Binary Options Broker

Binatex is an unlicensed binary options broker that opened in 2015. Binatex is officially owned by; Yulanta Business Ltd, which is located at: Suite 1, Sound & Vision House, Francis Rachel Street, Victoria, Mahe, Seychelles.

Contact phone number in Russia is: 8 (800) 333-2067, their email address is: [email protected].

For withdrawal problems or complaints, read this.

Binatex Review

We see in our review of the broker Binatex, that they are operating on a unique binary options trading software.

To get started trading it 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.

The minimum deposit amount for a new account is only $10. The main difference with larger 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 Binary Options Broker
Binatex Binary Options Broker

Trading Signals Software

Many binary option investors are now using an automated trading software. Read this article, so that you don’t fall for a scam!

If you want to see the popular Forex trading robot, look here.

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 hold a license. It is easy to know if a broker is regulated if they display a license number from the FCA, CySEC, ASIC or FSP on their website.

Binatex is not a licensed broker. This brokers payment processor is: Binatexia Limited, Demostheni Severi Avenue, 6th floor, Office 601, Nicosia, Cyprus. On October 3rd, CySEC warned investors that this broker is not regulated.

You can find the best licensed brokers listed here.

Best Online Brokers

Compare Binatex

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.

PepperStone is a very popular Forex broker that is licensed by ASIC in Australia. They offer a variety of unique trading platforms, see here.

Are you currently investing with Binatex? Please share your experience with other investors, in the comments below.