Bintrader is a binary options broker registered at St. Vincent and the Grenadines. It is operating under the company Trader X Ltd Company with their bintrader.com domain being operated by governed by The Jaycees Building Stoney Ground Kingstown, at St. Vincent and the Grenadines. This particular broker is not registered with CySEC which would be a license that many brokers prefer in order to show their traders that they are a serious business which is answering to a higher legislative authority. However, Bintrader does seem to have a registration number 23430 IBC 2016, under the licence provided by the FMRRC (Financial Market Regulations Center) which is an organisation which provides regulation to Russian brokers.
The means of depositing and withdrawing funds is another important segment of any serious broker review. In this case, Bintrader offers several ways of withdrawing and depositing without charging any additional fees, according to their website. Traders are able to use Visa, MasterCard, Qiwi, YandexMoney, Skrill and WebMoney for their transactions.
There is no available information on how long it takes for Bintrader to process the funds you are withdrawing or depositing so we cannot comment on that segment. However, that is definitely something they should think about including on their website as it is crucial information for traders and being without it will undoubtedly make some traders reconsider trading with this binary options trader.