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Binatex Review by Martin Kay Binatex is an unregulated broker that offers Binary Options trading on a limited range of assets. It is owned business making money online operated by Yulanta Business Ltd, a company ellie robot for binary options reviews in Seychelles, with company number This company is not regulated and is not a prominent figure on the online trading scene.
Come on, why do we even have online brokers without regulation? And why would you trade with one?
As part of the registration, you have to input your email and once you do so, you will be automatically given a 10, USD Demo account. Is Binatex A Scam?
It is highly recommended to Start trading a regulated broker. Binatex uses a custom trading platform, which is pretty well built, easy to use, and intuitive. Education material lacks almost completely from the website but I could find some interesting training videos on the trading platform itself, as well as some signals, which will only become available once you open a real account.
Basically, this brokerage is built with the trading platform as a central focus, and not much fluff around it.
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The very low minimum deposit makes them appealing but the lack of proper regulation makes me have second thoughts. Binatex Complaints Lots of people have complained about Binatex, ranging from price manipulation allegations to failed withdrawals, to blocked accounts, and more.
Overall opinions are mixed, with both happy and unhappy customers but we recommend extra caution.
Read full warning here. Bottom line: you can withdraw before you reach the turnover but the bonus will be canceled.
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If you reach the turnover, you can withdraw and the bonus will still be in your account, so you can use it to trade without any risk to your money. Binatex Withdrawals The minimum withdrawal is 10 USD and the processing time is up to 3 working days. In the past, they allowed Bitcoin withdrawals but now they specifically mention that this method is no longer supported. Most things are average or below average but if I have to mention something here, that would be their Signal service.
However, just like about anything else, the service is poorly explained and I have doubts about its profitability.
I am sure this would be frustrating for anyone who lands on their page so they lose some user-friendliness points.
Withdrawals can be made through the same methods used for deposit, with a processing time of up to 3 working days. This is nothing to write home about, but it will do. Start your trading career with a Top Rated Broker Now!