Since 2012, Binex has been actively collecting statistics, money and reviews - a broker who has settled in the Russian stock market and offers tools for trading binary options. The company positions itself as promising for cooperation for traders from Russia and neighboring countries. The conditions developed by the company take into account the peculiarities of the economic situation in our country, therefore they attract a lot of attention. If you look at ratings based on reviews, Binex confidently takes one of the highest positions in them. This trend has been noticeable for several years. However, cautious traders still have many doubts. Is it worth it to invest in this company?
All in order
Before you read reviews about Binex in particular and binary options in general, you need to understand how it works. Binary options are a kind of Russian roulette, where either pan or lost. You bet money, choose whether stocks go up or down in the set time period, lose everything or make big profits.
Some say it’s a lot easier than working on the stock exchange and mastering sophisticated Forex tools, while others are sure that it’s a bad job, they won’t be able to make a profit - in a word, a scam. Positive reviews about Binex make you wonder: what if it is not a trap at all? On the other hand, when observing such responses, you need to be clearly aware: not all of them are real, whatever the headlines say.
Who, what, and what?
Binex offers cooperation with the following conditions:
- a deposit of at least 10 thousand rubles or 150 US dollars;
- invested in an option at least 120 rubles;
- there is a demo version of the account, available to the user for a limited time period, determined by several factors;
- when working with a classic option, as follows from user reviews about Binex, the yield varies between about 70-75% of the invested money;
- when choosing the “Touch” system, the largest profit can be obtained in the amount of 120-140% of the invested amount.
The feedback and the Binex rating are confirmed by the legality of the company, which has a documentary justification - the company received all the licenses necessary for the full functioning of the company, and passed the checks required by law. The broker offers its services in European countries, where it also successfully passed a check for compliance with laws. Reviews of Binex options are mostly positive, including a positive assessment of the company's work and the state authority responsible for monitoring money transactions in Russia.
Are we working? We are working!
Positioning themselves as real reviews of Binex prove that the company offers the most favorable conditions for cooperation on the stock exchange this year in Russia. The organization itself explains this as follows: the conditions are based on an analysis made while studying an extensive sample of users of the Russian-speaking segment of the World Wide Web. Well, since everything was created so that users from Russia were comfortable and profitable, then the reviews and reviews about Binex are naturally positive.
Accounts: Features
Reviews about Binex and a review of brokers show that this company offers a wide selection of accounts, which allows each user to find something that suits his conditions. Accounts available to the trader:
- base;
- training;
- trader
- expert.
And detail?
Divorce or not reviews about Binex? The user who does not want to trust positive feedback can try the system in practice. Of course, if he is willing to spend money on it. The easiest option for cooperation with the system involves opening a basic account. It is available to someone who can top up an account by 10-59.9 thousand (the calculation is made in rubles) or 150-990 US dollars.
Compared to other broker's offers, this account is the weakest, therefore its users leave feedback about earnings on Binex the most negative. Money is withdrawn during the working week, the broker takes a 4% commission for his services. You can count on a three-day demo account that allows you to master the mechanisms and tools of working with the company. But access to signals is blocked. In addition, Binex organizes a weekly newsletter in which it analyzes the market situation as fully as possible, but it does not come to players with a basic account. The reason is that the deposit amount is minimal, it is not profitable for the broker to work with such a “small fish”. However, reviews of the Binex trading area show that even with a basic account, people get good income.
Next level: go up
A training account is a type of account that can be used by users who replenish their balance in the amount of 60-299.9 thousand when calculating in Russian rubles or 1-4,999 thousand US dollars. From the reviews of the Binex broker, it follows that the amount does not have to be paid in a single payment. In order for the system user to be able to work at this level, he needs to make several payments totaling 70,000 rubles.
What does one get who trusts and puts such serious money on the balance sheet? Binex customer reviews indicate that you can use useful webinars where traders are taught winning strategies. True, they provide general information - a kind of introductory course, and also teach technical analysis, but only the basics. You can use signals, access to various financial instruments appears. In a word, the probability of earning is already greater, so those who use a demo account often leave positive feedback about the Binex broker.
Pros and cons
The terms of cooperation become more profitable, the commission is reduced by one percent relative to the base account, the processing time for financial applications is reduced to five days, and the demo version is given for a week. At the same time, the likelihood of losing a lot of money is growing when choosing the wrong strategy, which is a typical situation when working with binary options. Accordingly, customer reviews about Binex more often appear negative from those people rightly indignant at the loss of money who could not choose the right position for trading.
Another step up: the trader
This account becomes available to those participants who replenish the balance of 300-999.9 thousand Russian rubles. If in the previous version it was possible to count on a yield of 81%, then this figure grows to a solid 87%. A trader can use automated trading tools. They can give no less than two thousand percent of the income from the transaction.
When using a “trader” type account with Binex, customer reviews are also positive because of the low commission - only 2% of the amount is deducted during withdrawal, and it takes no more than 4 days to process an application. You can use a demo account. The broker provides two weeks to master the tools for working with binary options, after which you can go on a “free float”.
Maximum possible
There are two types of reviews about Binex: positive and negative (surprisingly, right?). Well, to be honest, there is nothing surprising here, but if you evaluate what users do not like, then there is reason for surprise: as a rule, dissatisfaction arises only about the timing of withdrawal, but as for honesty, none of those who publishes its opinions, there are no complaints. Does this mean that you can achieve maximum pleasure from work if you choose the largest-scale option for working with a broker, in which the time for withdrawing money is minimal? It seems like that.
Such best conditions are available to those who decide to open an Expert account. Whoever gets this status will not be given, but only to such a user who is able to credit a million rubles to his balance at a time. If the calculation is made in US dollars, then you need to replenish by 10 thousand. An alternative way to obtain the highest status is replenishment in several stages, then the total payments should amount to one and a half million rubles.
Is this real?
For the average system user, such amounts seem transcendental, unrealistic, which means that the account itself is inaccessible. On the other hand, it is no secret that you can take a loan for this amount. Will the profitability of the account cover the interest that you have to pay? In general, as the reviews prove, everything develops in favor of the participant in the system.
When working on a classic binary option, you can count on 80 percent yield, and when choosing a “turbo” strategy, the income reaches 86%. When choosing automatic work tools, the percentage component rises to two thousand. The trader has full access to all the tools available to the broker, including signals and analytics. It will take no more than two business days to withdraw money with a one percent commission. The user can use webinars without restrictions, has the right to an unlimited deposit.
Level hierarchy
It would seem that four levels of accounts that are different from each other in terms of the amount deposited on the balance sheet are already a rather complicated system, nothing more is needed. But the broker offers some other, more advanced versions. We are talking about VIP accounts, which are three:
The logic of dividing into levels is as follows: when replenishing the balance by 25 thousand dollars or 2.5 million rubles, Binex gives a silver VIP account, gold can be obtained by depositing 50 thousand or five million, respectively, and the highest platinum status is available to those who placed on the balance sheet 100 thousand American or 10 Russian money.
And what do we get?
Why risk such money and invest it in binary options? What does the system user get? Binex gives each VIP member their own trader with extensive experience. True, one cannot say from the side whether this system will work quite effectively. It so happened that people with such serious money do not write reviews on the Internet about the tools that make money. It remains only to assume that it is really beneficial, otherwise no one would use such offers.
Options: what are we working with?
Choosing Binex, the user gets the opportunity to work with four different tools that allow you to make money (or try to make money) on binary options. For trade are available:
- classic logic "up and down", expiration lasts 15 minutes;
- a touch that allows you to predict whether the value of the security reaches the planned value;
- the range in which trading ends with one of two outcomes - the transaction is closed at a value within the declared range of values or outside it;
- turbo, when expiration lasts no more than five minutes, but no less than half a minute.
Special abilities
The broker provides a very interesting opportunity: the trader can choose another private trader and add it to his own tracking sheet. This will allow you to keep abreast of transactions made by another person. That is, you can actually work by simply repeating one-on-one other people's actions. This is useful for beginners who still do not know how to correctly predict the development of the situation on their own. By the way, in the Russian market Binex became the first company to offer such a logic of work.
Another original opportunity given by Binex to its participants is tournaments organized within the trading floor. As a prize, they usually set either a certain amount of money or the status of a VIP-participant.
How and what to work with?
Binex offers its users a peculiar trading platform that took the best from the classic options of world-class brokers, but with the addition of some features that (according to plan) should have been to the taste of Russian-speaking users. At the same time, the trading platform has certain disadvantages.
Pros:
- asset diversity;
- variety of live graphics;
- several types of live graphics;
- ease of use of the system.
And if in more detail?
As for live charts, those of Binex offers four varieties at once:
- areal;
- candles;
- linear;
- standard.
Charts are displayed in such a way that the user can simultaneously control at least 4 assets. If you need to monitor changes in one asset, then a large chart is available showing the dynamics of the situation. You can configure the system as convenient for a particular trader. All this is done using large, bright, clear buttons, so the user will definitely not lose sight of any important controls. So, you can conclude a deal without wasting time in vain.
Finally, the last unencrypted positive aspect is the choice of assets. This means that the user has access to all the features of the stock exchange. You can work with raw materials or money, securities, indices, not only foreign but also Russian - choose what you understand better. So, recently 190 assets were available, but the broker is building capacity and expanding opportunities. Just a few clicks in a convenient interface allow you to assign a currency pair and enter into a transaction without missing a good moment.
Tar is also there
No wonder we have a saying about a fly in the ointment, which necessarily spoils any, even the largest barrel of sweet honey itself. So in the case of working with Binex such tar spoils the pleasure of working with binary options. This applies to the trading platform developed by the broker. Others assess this disadvantage as insignificant, but many agree that it is it that prevents it from making decent money.
What is it about? There are no technical analysis figures or indicators on the platform. This means that you will have to resort to online charts, as well as to trading terminals of other platforms. If you neglect this, you will have to work blindly, and then earnings will depend on luck. And when it comes to hundreds and thousands of dollars, hardly anyone wants to trust only luck.
Professionals in this area believe this: trusting your intuition is good, but trusting only in it, going to make a deal through Binex is a guaranteed step into the abyss. You can’t work like that. The best option is to use the services of the trading floor of some other broker. Choose those that allow you to build charts online. Preference should be given to companies that occupy the top positions in the ratings in the field of binary options. This will help to get access to verified, reliable information that is really relevant for the transaction.
What else is supposed to be?
Most modern brokers attract the attention of potential users of their platforms with additional bonuses. Even so: if the company does not offer bonuses, thereby it immediately loses an impressive percentage of participants. Binex in this respect keeps up to date: the company has developed a system of "buns" for the best of the best.
What can you count on? For example, when replenishing the balance in the current year for a certain amount, you can get an additional bonus from the broker. It varies from 75 to 200 percent, which in total gives very decent money. The distribution of bonuses begins when replenishing the account by 10 thousand rubles, the more the one-time inflow of money to the balance, the greater the gift from the broker. In addition, the bonus is determined by what type of account the bidder uses.
A distinctive feature of the financial bun - it can be used in transactions, but cannot be withdrawn. But if you can make a profit with this money, then it can already be sent to withdrawal and cash out without any problems. In this case, the profit should be 30 times more than the enrollment of the trader. True, there is a certain condition: the broker sets the time frame. In the specified interval, you can use the preference data, beyond it it will not work, everything will burn. Even if you managed to earn part of the amount, and there is very little left to the full, you will not be able to get anything.