Binarium explained why their quotes do not match quotes from other sources
This question is of interest to many traders who have just started working with Binarium. In the FAQ on its official website, the broker described in detail the reasons why their quotes may not coincide with quotes on FOREX and other sources.
- quotes come from various sources, so they may vary slightly;
- a slight difference (difference in 4-5 decimal places) can be observed when quotes are received;
- on Forex, quotes are presented in the following format: Ask (offer price) and Bid (ask price), while Binarium offers an average quote calculated as follows: (Bid + Ask) ÷ 2.
When registering on the Binarium platform, traders accept the rules and must agree that it is the quotes indicated by the broker that are priority. Quotes on other websites may differ. This information can be used as an auxiliary tool, but not for verification.
Would you like to know more about cooperation with this broker? Read the Binarium expert review on our forex-up.com portal.