Overview of prospective binary option brokers: BinTrader

Among the companies engaged in online trading, despite the high level of competition in this field of activity, it is difficult to choose a broker that will fully meet the needs of both beginners and experienced traders. Russian-speaking users of the World Wide Web are more difficult in this case than residents of European countries, Japan or the United States. The lack of economic education, poor knowledge of the English language, lack of financial resources (a few residents of Ukraine or Belarus will risk putting an unknown company on a deposit of $ 250) and a high level of mistrust of the most diverse Internet resources offering to make money on the global financial market.

Many experienced traders from the former Soviet republics recommend their fellow countrymen to start making money in foreign exchange markets, binary options, etc., using the services of brokers focused on the Russian-speaking audience. In this regard, BinTrader trading platform, which has been engaged in online trading since 2016, offers good conditions, but, despite a relatively short period of activity, managed to earn a reputation as a safe and reliable broker.

The main advantages of cooperation with BinTrader

The owner of the presented trading platform is the company Trade X Ltd, and its founders started their activity in the world financial market as ordinary traders, so they are well aware of the goals, needs and opportunities of their former colleagues. Given these nuances, a platform was created (by the company’s specialists), and then an application developed for BinTrader that allows financial transactions to be performed without fear of fraud on the part of the broker.

Security

The funds of the broker’s clients are insured and stored on the accounts of reliable banks, which allows traders to withdraw their investments at any time. Technical support of the website and modern software guarantee the safety of personal information of users and prompt execution of financial transactions provided by this broker.

The minimum deposit and the size of the bet ($ 10 and $ 1, respectively) are convincing factors in order to independently check whether the given company fulfills its promises. If for many potential customers, 2-3 hundred dollars is a large enough amount that they do not trust an unfamiliar firm, then $ 10 is an acceptable option for starting work and getting closer to the broker presented.

But one of the most important indicators of the reliability of this company is the availability of a certificate issued by an organization that controls the activities of the trading platform – the Center for Regulation of Relations in Financial Markets. In case of any problems, the trader can apply to the regulator, who will necessarily check how the broker fulfills its obligations.

Learning newbies

One of the main creators of the trading platform in question (I. Orlov) made a lot of efforts to organize the work of a full-fledged training center on the basis of this web resource. Depending on the amount of the first deposit (based on this indicator the level of training is chosen), the client of the broker gets the opportunity to become a participant in the personal training program under the guidance of a professional analyst.

The user of the trading platform gets acquainted with effective trading strategies and, together with the mentor, analyzes their “pros” and “minuses”. A qualified specialist helps a trader deal with his own operations, revealing their strengths / weaknesses. The broker’s client also has the opportunity to contact his analyst at any time to ask him questions of interest.

The opportunity to undergo training and learn to work in the global financial market is another important indicator in favor of creating a login on BinTrader and using the services of professional teachers.

Important financial characteristics of BinTrader

Regardless of which trading platform the trader chooses, before registering on it, he must thoroughly study the basic requirements of the administration that has interested his website.

Trading conditions

Despite the fact that some of the indicators have already been mentioned above, for the convenience of readers, we will outline the main conditions of work on this trading platform in a separate unit:

● The minimum deposit is $ 10.

● The minimum transaction amount is $ 1.

● Account currency: American dollar.

● Estimated yield: up to 85%.

● Deposits of the broker’s clients are insured.

● There is an affiliate program.

● Bonus is provided when replenishing the trading account: up to 150%.

How to replenish the deposit or withdraw funds

Prepared by BinTrader user reviews, indicate that the broker’s web-resource is quite enough ways to solve the issue with the input / output of money. Traders can perform this procedure using:

● Debit / credit cards (Visa and Mastercard).

● Yandex money.

● Skrill.

● Webmoney.

● QIWI Wallet.

Available assets

Some of the reviews of its clients about the broker BinTrader report a small number of available financial transactions and instruments, which limits the opportunities for users of this trading platform. But on the other hand, every trader always has a choice, where to work for him and what deals to conclude.

Clients of the broker in question can use strategies posted on his site to earn binary options, as well as conclude deals on: currency pairs, commodities and shares of large enterprises.

Based on the above information, we can conclude that this broker is not some serious fraudulent scheme, but if potential users have doubts about this, they can invest $ 10 and independently check how this trading platform works.