What is Binany? A close look at the platform
Binany is an online trading platform that gives traders the chance to trade foreign currencies, stocks and crypto assets using an options-style format. The platform was launched in 2019 and is operated by Finpulse LLC. Since then it has grown to attract clients from many countries, including India.
In India, Binany gained popularity largely thanks to its UPI integration and the ability to trade in Indian Rupees. Indian traders began using the platform as mobile payments such as UPI, PhonePe and Paytm became widespread, and India is now one of the platform's important markets in South Asia.
The platform supports multiple languages to make it easy for international clients to use, including:
- English — the main interface language widely used in India
- Hindi and other regional languages where available
- Asian languages such as Bengali and others
Binany also has a mobile app (Android and iOS) plus a web version that runs in your desktop browser, so you can trade wherever you are.
| Feature | Details |
|---|---|
| Year founded | 2019 |
| Company | Finpulse LLC |
| Type of trading | Options, currencies, stocks, crypto |
| Max profit | Up to 96% |
| Account currency | INR, USD and others |
| App | Android, iOS, Web (PC) |
| Languages | English and many others |
Ready to start trading in India?
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Open a Free AccountBinany bonuses in India
Binany attracts new Indian clients with a bonus system that boosts your trading balance. The most popular offer is the first-deposit welcome bonus of up to 150%, which adds extra funds on top of the amount you deposit for trading.
The main types of bonuses you may come across:
- First-deposit welcome bonus — an extra percentage added to your first deposit.
- Promo codes — special codes released from time to time.
- Re-deposit bonuses — for clients who keep trading.
It is important to read the terms of each bonus carefully, as bonuses usually come with turnover requirements that ask you to complete a certain trading volume before withdrawing. We cover this in more detail on the Bonuses page.
Demo mode and the practice account
One of the biggest advantages of Binany for beginners in India is the demo account. This is a practice account with virtual funds that lets you trade without risking your real money.
With the demo account you can:
- Learn how the platform interface works.
- Test different trading strategies with no losses.
- Understand how the options market moves in real time.
- Build confidence before switching to a live account.
The demo account comes with a virtual balance you can reset at any time. We recommend that every new Indian client uses the demo for at least a week before making a real deposit.
Deposits and withdrawals
Binany has simplified the payment process for Indian clients by supporting payment methods used widely within the country. The most popular option is UPI, which enables instant deposits straight from your bank account.
Available payment methods
- UPI — the most popular method in India, instant deposits.
- PhonePe, Paytm and Google Pay — fast mobile wallets.
- Bank cards (Visa / Mastercard / RuPay).
- Crypto assets for those who prefer them.
Timing and payment limits
Deposits via UPI and mobile wallets are usually almost instant (typically within 5–7 minutes), while bank cards may take a little longer. Withdrawal requests are processed within 24 hours, and large amounts may require several hours plus identity verification.
| Transaction | Minimum | Maximum | Time |
|---|---|---|---|
| Deposit (UPI) | ₹500 | ₹70,000 | Almost instant |
| Withdrawal (UPI) | ₹500 | ₹70,000 | Up to 24 hours |
| Bank cards | ₹500 | ₹70,000 | 1–3 days |
Note: withdrawals must use the same method you used to deposit, in line with anti-money-laundering (AML) rules. Account verification (KYC) may also be required before your first withdrawal.
Why do Indian traders choose Binany?
UPI payments
Deposit and withdraw in Indian Rupees quickly and easily.
Fast trading
Short 15-second trades suited to both beginners and experienced traders.
Demo account
Learn risk-free with virtual funds before investing for real.
Three easy steps to get started
Sign up
Open an account with your email or phone number in under two minutes.
Make a deposit
Use UPI to fund your account in INR — from just ₹500.
Start trading
Pick an asset, make your forecast, and withdraw your profit any time.
Frequently Asked Questions (FAQ)
Is Binany legal in India?
Binany operates as an international platform that accepts clients from India, run by Finpulse LLC. Options trading is not yet fully regulated by local authorities, so trade with caution and only with money you can afford to lose.
Can I deposit in INR?
Yes. You can deposit and withdraw in Indian Rupees through UPI, PhonePe, Paytm, Google Pay and bank cards. The minimum is around ₹500 and the maximum about ₹70,000.
Can I have more than one account?
No. Binany allows only one account per person under its AML policy. Extra accounts can lead to suspension.
Are there deposit or withdrawal fees?
Binany does not charge internal fees, but your payment provider such as a bank or UPI app may apply a small transaction fee.
How much do I need to start?
You can start with a minimum deposit of about ₹500. The minimum per-trade investment is low, so you can practice with limited risk.