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Is Binary Mate a Scam? Read This Before You Decide to Open Any Trades

AN OVERVIEW OF BINARYMATE


NAME: BINARYMATE

WEBSITE: www.BinaryMate.com

PRICE: $250

OWNERS: UNKNOWN

OVERALL RANK: 2 Out of 5 STARS

Binarymate is a binary options robot.The platform allows you to execute both Binary Options as well as CFD trades. Is Binary Mate a Scam?

Honestly speaking the one aspect that really got my attention is the ‘Live Chat’ feature. I was impressed that for a change there actually was somebody available to listen to you. And the platform looked professional as well.

I was starting to think that perhaps this one may be the real deal.My investigation to determine the legitimacy of Binarymate has led me to find some rather interesting information that may get you thinking twice.

Should you sign up with BinaryMate or not? Let me help you decide this today!

⇒TIRED OF ONLINE SCAMS? START AN ONLINE BUSINESS WITH MY NR.1 RECOMMENDED TEACHING PLATFORM⇐

THE PROS AND CONS OF BINARYMATE


  • Live Chat
  • Professional Looking Website
  • Binary and CFD Trading

  • No Trial
  • Have to Pay $250 (to access demo account)
  • Limited Tutorials
  • Customer Complaints

WHO IS BEHIND THE BINARYMATE BUSINESS?


A ghost!

Just kidding.

All jokes aside, I could not find any trace of anyone standing responsible for Binarymate. There is no About Me page.

Who is the person behind internet wealth biz

There is a physical address on record though.

I decided to make use of the LIVE CHAT feature and find out more.

Who is the founder of Binarymate?

Turns out that they could not help me. I took it a step further and went ahead and e-mailed them as instructed above.

Here is the proof of my e-mail.

Trying to find out who the founder of Binarymate is?

This is the reply that I received.

Who are the founders of Binarymate?

This information is readily available on the website. So I asked who FGC is?

Who are the founders of Binarymate?

It turns out that FGC is an organization. The main point being, that there is still no name given as to whom is in charge.

IS THE LIVE CHAT AT BINARYMATE REALLY HELPFUL?


The good part is that the ladies promptly answer to your query. The not so good part is that they tend to avoid the ‘tougher’ questions.

I always like to investigate the customer satisfaction levels of any platform that I am reviewing. This helps me to decide whether or not I should recommend it.

I asked the support at live chat, “Is there any testimonials that I could refer to before I sign up?”

This is the reply that I received.

Are there any real testimonials for binarymate?

I was directed to the training videos instead. This is completely different to what I needed to know.

I am left to wonder if there is anyone, that can testify that Binarymate worked out for them. If there is anyone reading this, who can offer some light on the matter, please comment below. I will update this post accordingly.

While I am on the subject of tutorials, let me show what that’s all about at Binarymate.

HOW HELPFUL IS THE TRAINING AT BINARYMATE?


There are two short tutorials. The one outlines the basic procedure on how to do a binary option trade. The other one tells you how to execute a CFD trade.

To access these videos, one would need to click on the ‘CHAT’ button and then click on the ‘tutorials’ tab.This is how they look.

How good is the training at Wealthy Affiliate?

These videos cannot be enlarged. This is disappointing, as, for someone who is new, they would have a hard time making out what is going on.

There is something very peculiar that I noticed in the FAQ’s (Frequently Asked Question) section.

Binarymate claims that Binary option trading is easy and simple

This is only one side of the story, in terms of how binary options trading works.

It’s also volatile and risky and is more a case of your money being ‘betted’ on through either a ‘call’ or ‘put’ option.

To improve your so-called ‘odds’, there are trading platforms that teach you about strategies and indicators when doing binary options trading.

Some of the common strategies are:

  • Japanese candlesticks
  • Gap in the clouds
  • Three black crows
  • Pin-Bar

Some of the common indicators include,

  • Alligator
  • Bollinger Bands
  • RSI

None of the above is mentioned in the tutorials at Binarymate.

A platform such as ‘IQ Option’ provides you with tutorial videos on how to recognize the strategies or use the indicators. If you would like to know more, check out my Review of IQ Option here. 

Alternatively, you can click on the image to visit the official website.

IQ OPTION IS NOT A SCAM

As for making money where Binary Options trading is concerned, I would tread carefully here.

To learn more, check my link out below.

IS BINARY OPTIONS TRADING A SCAM? IS IT A SAFE INVESTMENT, OR SHOULD YOU BE CAUTIOUS?

BINARYMATE CUSTOMER COMPLAINTS


Many folks have complained not ever receiving any monies. Here are some from Ripoffreport

Binarymate customer complaints

Binarymate customer complaints

 

IS BINARY MATE A SCAM? 


Binarymate offers you mediocre training videos. There is no evidence of who the founders or owners are. There are unresolved customer complaints. In fact, you can only do demo trading if you first deposit $250!

Why do you have to pay in the first place, just to test out a platform? 

The part that lures people to the platform is their live chat part with the ladies. That too, as proved, does not offer much value as to how to start making money or learning more.

How binarymate lures men into the program?

Did you know, that you can also tip the ladies, up to $50? Hmmm….wonder what that is all about?

What kind of service is Binarymate all about? To help you make money or to just chat with ladies?

My final verdict: Not Recommended

Dubai Lifestyle App

BINARY OPTION TRADING-DOES NOT HAVE TO BE YOUR ONLY OPTION


There are many other options available where you can make money online.

I started back in 2015 and knew nothing about online business. Today, I have three websites, and this is one of them that you are visiting.

I learned through an amazing teaching platform. If I may, I would like to extend an invitation to you to check this training platform out.

It’s called Wealthy Affiliate and they are in the business of helping people build solid online businesses from scratch.

This is a one of a kind community that helps each other to grow their businesses. The support is top notch. There is more than one channel that you can access to get help, including LIVE CHAT (and it has not got models just sitting and waiting for tips!).

Most importantly, they are free to trial and you get two free websites, without the need to put a single dime down, unlike the case with Binarymate.

⇒READ MY REVIEW OF WEALTHY AFFILIATE HERE⇐

or 

⇒YOU CAN START YOUR FREE TRIAL HERE⇐

See how it compares to Binarymate, below.

I hope that this Binarymate Review article has helped you out.

Looking forward to hearing any thoughts that you may have.

Kind Regards and Take Care.

Roopesh

 

Roopesh
 

When Roopesh is not being that 'secret agent' uncovering online scams and finding legit ways for folks to make money online, he spends a great deal of time 'wearing out' the kitchen tiles trying to perfect the Moonwalk, and those signature 360 degree spins. He recently jumped onto the 'KomBucha' craze and hops from health store to health store to find the best 'fizz' in town!

Click Here to Leave a Comment Below 6 comments
Sheree - March 11, 2018

I have never trusted these binary options program. They normally want a large fee for start up. Roopesh, I don’t think I’ll be trying this program at all. Asides from having a support team, the whole thing seems shady. I hope anyone who thinks about joining this program gets a chance to read your review.
Very honest review by the way. Thanks Roopesh.

Reply
    Roopesh - March 11, 2018

    Hello Sheree

    Thanks so much for sharing your opinion, I really appreciate it.

    It is my hope that this article, would help others as well.

    Hope to see you again.

    All the best

    Roopesh

    Reply
Jeff - March 11, 2018

Thank you for warning me of Binary Mate. I heard about this online company from a friend and was seriously thinking about paying the initial, $250.
Luckily for me, I resisted the impulse and found your Review. Thanks for saving me a bundle of money like the poor souls in the complaint section.
best regards, Jeff.

Reply
    Roopesh - March 12, 2018

    Hey Jeff

    Glad that I could help you out. If you are looking to make money online, then why not check out my Best Work From Home Opportunity.

    Thanks for stopping by

    Regards 

    Roopesh

    Reply
Michael - March 11, 2018

Thanks for this very insightful review into binary mate. It looks like you really took your time to see if this is a good program or not.

From the sounds of it I will take your advice and not join this program. The risk seems to high plus not having real evidence it works is not good.

Thanks again for this review.

Reply
    Roopesh - March 12, 2018

    Hello Michaell

    You are most welcome.

    Glad that this article had helped you out.

    All the best 

    Roopesh

    Reply

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