BINARY TRADERS INTERNATIONAL is a product of hard work, forward-thinking and a strict set of business values that have seen us ride through the ups and downs of financial trading unscathed.
This story of three men who started the BinaryTraders brand and created a global online trading empire out of nothing, during one of the most devastating economic crises in recent history, is one of passion and determination. We wouldn't be here without them, which is why our story begins over 20 years ago…
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Amid widespread chaos in Russia, a small group of men are looking into starting a business in finance in one of the most economically precarious years in the country’s history. The government has defaulted on its loans, the rouble is in decline and the stock market is on the verge of total collapse. But the founders of BinaryTraders are interested in one of the few markets left unscathed – forex. On the 24th of December 1998, BinaryTrader is born.
BinaryTraders decides to harness new technology and move their trading online, by joining forces with the MetaQuotes platform.
The forex market continues to grow, andBINARYTRADER's Moscow office opens.
BinaryTraders completes the transition into full online trading, moving all live trading to MetaQuotes’s MetaTrader platform. The new trading software is user-friendly and offers plenty of innovative features for clients.
BinaryTraders begins to offer a free version of MetaTrader for pocket computers.
BinaryTraders and the Prime-Tass Agency of Economic Information sign an agreement that will allow BinaryTraders to offer economic data from Dow Jones Newswires to its clients.
The BinaryTraders trading School opens.
The brand celebrates its 10,000th client.
The BinaryTraders charitable Fund is founded.
Growth is unstoppable, and as the BinaryTraders brand reaches the 25,000 client milestone, the brand begins to expand worldwide with licenses issued for BinaryTraders UK and US.
The US National Futures Association (NFA) recognises BinaryTraders (US), LLC as a Futures Commission Merchant. BinaryTraders (US) is also licensed as a broker by the US Commodity Futures Trading Commission (CFTC).
Another company is born under the BinaryTraders brand. BinaryTraders Emirates is licensed by the Dubai Department of Economic Development and is authorised to begin conducting business in Dubai
BinaryTraders celebrates a new landmark as its 100,000th client registers for an account.
BinaryTraders is honored as the "Company of the Year" in the "Brokerage Services" category at the 2009 National Awards. BinaryTraders UK is also named the "Fastest Growing Forex Company" in the "Foreign Exchange" category by World Finance UK.
BinaryTraders signs on as official sponsor of the legendary FC Spartak Moscow, one of Russia's top football clubs.
The ‘Gold account’ is unveiled, allowing clients to trade on an account denominated in a currency tied to the price of gold. Meanwhile, the awards keep coming as BinaryTraders UK is named "Best Execution House" in the "Foreign Exchange" category by World Finance UK.
The combined monthly trading volume of companies working under the BinaryTraders brand reaches an all-time high of 210 billion USD.
BinaryTraders UK begins serving Japanese clients after acquiring CMS Japan KK and signs a sponsorship deal with London football club West Ham United in July. It sponsors one of the largest events in the world of forex; the London Investor Show.
BinaryTraders US becomes an official sponsor of legendary NBA team, the New York Knicks, and the hockey team, the New York Rangers. The BinaryTraders brand is advertised at the iconic Madison Square Garden. In June, it’s named the "Best Latin American Forex Broker" at the prestigious IBTimes Trading Awards.
Forex Magnates lists BinaryTraders as one of the five largest Forex brokers in the world in terms of trading volume.
Growth continues to be proved by numbers as BinaryTraders is now the world's third-largest Forex broker in terms of client trading volume according to Forex Magnates. The average monthly trading volume at BinaryTraders in 2011 was more than 202 billion USD.
The "BinaryTraders: On Top of the World" project gets underway as BinaryTraders sends a team of climbers to conquer the highest mountain on each of the world's seven continents in under a year. By December, Team BinaryTraders climbed the Seven Summits in 300 days, setting several world records in the process.
BinaryTraders is recognised for "Excellence in the Industry and a Sterling Reputation" at the 2012 Forex Expo Awards.
2013 was another stellar and record-breaking year for BinaryTraders. August saw year-on-year turnover break the 1 trillion USD mark, to end the year at 1.469 trillion USD.
In December, BinaryTraders celebrates its 15-year anniversary.
In April, BinaryTraders brand acquires a licence from Mauritius Financial Services Commission (FSC) and launches BINARY TRADERS INTERNATIONAL! As the newest member of the BinaryTraders family, we start accepting clients by offering over 70 popular forex, CFD and metal products on the MT4 platform.
The brand continues to expand from within as well. The ‘BinaryTraders bonus’ is launched, a program previously unheard of in the forex industry. Traders get to choose their own terms for trading, investing and transferring funds.
Another landmark sees the birth of ‘Investment Ideas’ – where timely suggestions for investment open the doors for potentially higher profitability.
Capping off the innovative streak is the introduction of binary options trading in September.
The one millionth client registers with BinaryTraders – a huge milestone for the brand.
In April, the brand launches the groundbreaking ECN account – allowing retail clients to trade with the same powerful conditions as professional traders from the world’s leading banks and financial institutions.
In November, BinaryTraders is recognised as the "Best Binary Options Broker" at the Finance Magnates Awards 2015 in London.
In January, BinaryTraders takes part in the largest international forex exhibit in Hong Kong – the iFXExpo – heralding the brand’s expansion plans in the Asian markets.
The brand opens offices in Mauritius, which becomes the headquarters of BINARY TRADERS INTERNATIONAL. In the same vein,BINARYTRADER's management starts negotiations with the country’s leaders on how to create a financial centre in the Indian Ocean.
In the same year, BinaryTraders is granted licensing from the Bank of Russia, further affirming the brand’s status as one of the most dependable brokers in the region.
The brand launches its BinaryTraders Mobile application, which conveniently enables clients to keep up with the latest news, get real-time currency quotes, and manage their finances directly from their iOS mobile devices.
BinaryTraders is voted the “Most Innovative Broker” overall and the “Most Reliable Broker” in the field of binary options at the prestigious FX Empire Awards.
In December, the BinaryTraders family celebrates another ultra-successful fiscal year, recording upwards of $1.3 trillion in trading turnover throughout 2017. This marks the latest company record, a 29% improvement compared to the previous year.
