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    Binary.com

    2-5 years
    |
    Regulated in Malaysia
    |
    Straight Through Processing(STP)
    |
    Non MT4/5 Software

    Rating

    0123456789
    .
    0123456789
    0123456789

     /10

    The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints!

    License Index

    4.62

    Business Index

    6.43

    Risk Management Index

    0.00

    Software Index

    4.16

    Regulatory Index

    4.59

    Licenses

    Labuan Financial Services Authority

    Straight Through Processing(STP)

    LFSA Regulated

    Vanuatu Financial Services Commission

    Retail Forex License

    VFSC Revoked

    British Virgin Islands Financial Services Commission

    Retail Forex License

    FSC Offshore Regulatory

    Financial Services Agency

    Retail Forex License

    FSA Suspicious Clone

    Overview

    • Company Name:

      Binary
    • Company Abbreviation:

      Binary.com
    • Place of registration:

      Binary.comUnited Kingdom
    • Regulatory Status:

      Regulated
    • Customer Service Email Address:

      support@binary.com
    • Customer Service Phone Number:

      08000119847
    • Company summary

      GeneralInformation&RegulationIn2013,BetonMarkets.comwasrebrandedasBinary.combytheparentcompany,tospearheadanexpansionplantostepintothefinancialtradingmarkets.Binary.com'sheadofficelocatedonMalta,atMompalaoBuilding,Suite2,TowerRoad,MsidaMSD1825.Binary.comisregulatedbytheMaltaFinancialServicesAuthorityasaCategory3InvestmentServicesproviderunderthelicensenumberIS/70156.OntheIsleofManandtheUK,Binary.comisregulatedbytheGamblingSupervisionCommissionandtheUKGamblingCommissionrespectively.MarketInstrumentsInvestorscantradebinaryoptions,lookbacks,forex,CFDs,commodities,metals(gold,silver,platinum,andpalladium)throughtheBinary.combrokeragefirm.Binary.comMinimumDepositUnlikemostbinaryoptionsbrokers,whichrequireaminimumdepositof$250toopenalivetradingaccount,Binary.comonlyrequireaminimumdepositofjust$5,hencemakingBinary.commoreaccessible.Spreads&CommissonsSpreadsdifferinlightoftradingaccounts.Variablespreadsstartfrom1.2pipsintheStandardaccounts,spreadsfrom0.9pipsintheAdvancedaccount.ThecommissionpartisnotfullydisclosedontheBinary.comwebsite.Binary.comLeverageTradingleveragevarydependingonvarioustypes.Binary.comusesthedynamicleverage,from1:300to1:1000.Inexperiencedtradersareadvisednottousesuchhighleverage.Binary.comTradingPlatformBinary.comofferstraderstheDeriv.comtradingplatform.TraderscantradeawiderangeoffinancialinstrumentsontheDeriv.complatform,aneasy-to-useandversatiletradingplatformforbothnoviceandexperiencedtraders.ThereisalsoSmartTrader,thepreferredbinaryoptionstradingplatformthatallowstraderstotradeonasimple,user-friendlyonlineplatformfortheglobalfinancialmarkets.Deposit&withdrawalBinary.comwelcomesavarietyofpaymentandwithdrawalmethods.ThemainpaymentmethodsareWireTransfer(forEUR,USD,GBP,AUD),PayTrust(forUSD),ZingPay(forEUR,USD,GBP,AUD),Helpay(forUSD),VISA/MASTERCARD/Maestro(forEUR,USD,GBP,AUD),Fasapay(forUSD),PerfectMoney(forEUR).Binary.comdoesnotprovidedetailedinformationonthefeesfordepositandwithdrawal.Binary.comCustomerSupportBinary.comhastranslatedtheirwebsiteintoadozendifferentlanguages.Asforcustomersupport,traderscancontactthesupportteamthroughLivechat.Thefulldetailscanbefoundonthe“ContactUS”areaofthewebsite. About More
    Pyramid scheme complaint

    WikiFX APP!

    Global Forex Broker Regulatory Inquiry APP!

    WikiFX Risk Alerts

    Previous Detection: 2021.09.26 Risk: 6 Item

    • The number of the complaints received by WikiFX have reached 17 for this broker in the past 3 months, please be aware of the risk and the potential scam!
    • VanuatuVFSC (license number: Unreleased) The regulatory status is abnormal, the official regulatory status is Revoked, please be aware of the risk!
    • The JapanFSA regulatory (license number: 9010401115222) claimed by this broker is a suspicious clone, please be aware of the risk!
    • The VanuatuVFSC regulatory with license number: Unreleased is an offshore regulatory, please be aware of the risk!
    • The The Virgin IslandsFSC regulatory with license number: Unreleased is an offshore regulatory, please be aware of the risk!
    • Current data shows that this broker is using Non MT4/5 Software

    WikiFX Verification

    • Exhibition Area

    • Survey

    • MT4/5

    • Website

    • Genealogy

    • Clones

    • Keywords

    • Time Machine

    • Score

    WikiResearch

    • Delivery Index

    • Market Analysis

    • Material Delivery

    • Ad Brand

    • Search Source

    • Language

    Last Updated Time 2021-09
    Labuan Financial Services Authority

    Labuan Financial Services Authority (LFSA)

    Labuan Financial Services Authority (Labuan FSA) was established on 15 February 1996 under the Labuan Financial Services Authority Act 1996. Labuan FSA is the statutory body responsible for the development and administration of the Labuan International Business and Financial Centre (Labuan IBFC). Labuan FSA’s key role is to license and regulate licensed entities operating within Labuan IBFC and to ensure all such entities remain in compliance with the internal and international best standards adopted by the jurisdiction. Labuan FSA also develops policies for the orderly conduct of business and financial services in Labuan IBFC.

    • Licensed Institution :

      Deriv (FX) Ltd

      Effective Date :

      --
    • Email Address of Licensed Institution :

      jy@binary.com

      License Type:

      No Sharing
    • Website of Licensed Institution :

      --

      Expiry Date :

      --
    • Address of Licensed Institution :

      LoT No.F16, FirsT Floor, ParaGon Labuan, 87000 Labuan F.T

      Phone Number of Licensed Institution :

      087-504 126
    • Licensed Institution Certified Documents :

      Binary 纳闽牌照信息--20190610 View Certified Documents Binary labuanfsa20200908更新 View Certified Documents
    Vanuatu Financial Services Commission

    Vanuatu Financial Services Commission (VFSC)

    The Vanuatu Financial Services Commission (VFSC) was formally established in December 1993, after the Vanuatu Parliament enacted the Vanuatu Financial Services Commission Act No. 35 of 1993. Previous to this, the VFSC was the Registrar of Companies and the Official Receivership Department of the Treasury since 1971 under the then, British Administration and after independence in July 1980, the Ministry of Finance and Economic Management. The VFSC has set up four departments, namely Corporate Services, Legal Enforcement & Insolvency, Supervision and Registration.

    • Licensed Institution :

      Binary (V) Ltd

      Effective Date :

      2019-03-01
    • Email Address of Licensed Institution :

      --

      License Type:

      No Sharing
    • Website of Licensed Institution :

      --

      Expiry Date :

      --
    • Address of Licensed Institution :

      --

      Phone Number of Licensed Institution :

      --
    • Licensed Institution Certified Documents :

      Binary监管信息20191029 View Certified Documents Binary-VFSC牌照201023 View Certified Documents Binary 瓦努阿图监管页截图.png View Certified Documents
    British Virgin Islands Financial Services Commission

    British Virgin Islands Financial Services Commission (FSC)

    The enactment of the Financial Services Commission Act in December 2001 established the British Virgin Islands Financial Services Commission (FSC) as an autonomous regulatory authority responsible for the permission, regulation, supervision of all financial services in and from within the BVI, which includes insurance, banking, fiduciary services, trustee business, company management, investment business, and insolvency services, as well as the registration of companies, limited partnerships and intellectual property. Since 2002, FSC assumed the responsibility for functions previously carried out by the Government through the Financial Services Department. FSC, as financial services regulator, is also responsible for promoting public understanding of the financial system and its products, policing the perimeter of regulated activity, reducing financial crime, and preventing market abuse.

    • Licensed Institution :

      Binary (BVI) Ltd.

      Effective Date :

      --
    • Email Address of Licensed Institution :

      --

      License Type:

      No Sharing
    • Website of Licensed Institution :

      --

      Expiry Date :

      --
    • Address of Licensed Institution :

      --

      Phone Number of Licensed Institution :

      --
    • Licensed Institution Certified Documents :

      Binary BVIFSC监管信息20191029 View Certified Documents BINARY 维京群岛外汇监管页截图1.png View Certified Documents BINARY 维京群岛外汇监管页截图2.png View Certified Documents
    Financial Services Agency

    Financial Services Agency (FSA)

    The Financial Services Agency (FSA) oversees all financial services providers, including Forex brokers, in Japan. The ultimate aim of Japan's FSA is to maintain the country’s financial system and ensure its stability. It is also responsible for protecting security investors, insurance policyholders, and depositors. It achieves its aims in a number of different ways including planning and policy making, supervising financial services providers, overseeing securities transactions, and inspecting financial institutions in the private sector. When the FSA was first created it was merely an administrative body. However, its responsibilities were widened in 2001 when it became the external representative of the Cabinet Office of Japan. It took over the responsibilities of the Financial Reconstruction Committee, and also took over responsibility for failed financial institutions.Today, the FSA Japan is held accountable to the Japanese Minister of Finance and enjoys a wide scope of responsibility.

    • Licensed Institution :

      Binary K.K.

      Effective Date :

      --
    • Email Address of Licensed Institution :

      --

      License Type:

      No Sharing
    • Website of Licensed Institution :

      --

      Expiry Date :

      --
    • Address of Licensed Institution :

      1-9-16 Hiroo,Shibuya-ku,Tokyo

      Phone Number of Licensed Institution :

      0362773915
    • Licensed Institution Certified Documents :

      Binary FSA监管截图更新20190724.jpg View Certified Documents Binary 日本外汇监管号截图.png View Certified Documents

    Binary.com · MT4/5

    Identification Result

      Binary.com · Website

      Most visited countries/areas

          No content

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          Load failure

          Binary.com· Genealogy

          Binary.com · Clones

          Binary.com · Market Analysis

          The data are from WIKI Research    2021.09.26 updated

          WikiFX prompts you

          This broker's score is relatively low.

          Please choose wisely! Please avoid unnecessary loss

          Continue
          Binary.com · Survey×

          ×
          Binary.com

          根據香港證券及期貨事務監察委員會的規定

          為確保您查看資訊及時性和準確性,我們將為您跳轉到相關的監管資訊頁面

          Alternate Text

          Data Sources WikiResearch 2021.09.26 Update

          数据样本不足

          Data Sources WikiResearch 2021.09.26 Update

          Binary.com · Chart
          Date

          Insufficient data samples

          Rank by user activity which is calculated by the number of customers with trading operations of the broker within the stat period
          Data provided by WikiFX Data

          Insufficient data samples,Browsing is not supported temporarily

          Alternate Text

          Data Sources WikiResearch 2021.09.26 Update

          WikiFX·pyramid scheme complaint
          1  Know about pyramid scheme  >
          2  Pyramid scheme complaint   >
          3  Done
          1. What is pyramid scheme complaint?
          With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
          2. 10 Features of Pyramid Scheme
          High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
          Report immediately
          Report This Platform
          Binary.com
          * Contact number
          0086
          *Enter your phone number
          *Reporting Reasons

          *Enter your reason
          Related Photos
          Confirm to Submit

          Submit successfully!

          You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

          Confirm
          Binary.com · Company summary

            General Information & Regulation

            In 2013, BetonMarkets.com was rebranded as Binary.com by the parent company, to spearhead an expansion plan to step into the financial trading markets. Binary.com 's head office located on Malta, at Mompalao Building, Suite 2, Tower Road, Msida MSD1825. Binary.com is regulated by the Malta Financial Services Authority as a Category 3 Investment Services provider under the license number IS/70156. On the Isle of Man and the UK, Binary.com is regulated by the Gambling Supervision Commission and the UK Gambling Commission respectively.

            Market Instruments

            Investors can trade binary options, lookbacks, forex, CFDs, commodities, metals (gold, silver, platinum, and palladium) through the Binary.com brokerage firm.

            Binary.com Minimum Deposit

            Unlike most binary options brokers, which require a minimum deposit of $250 to open a live trading account, Binary.com only require a minimum deposit of just $5, hence making Binary.com more accessible.

            Spreads & Commissons

            Spreads differ in light of trading accounts. Variable spreads start from 1.2 pips in the Standard accounts, spreads from 0.9 pips in the Advanced account. The commission part is not fully disclosed on the Binary.com website.

            Binary.com Leverage

            Trading leverage vary depending on various types. Binary.com uses the dynamic leverage, from 1:300 to 1:1000. Inexperienced traders are advised not to use such high leverage.

            Binary.com Trading Platform

            Binary.com offers traders the Deriv.com trading platform. Traders can trade a wide range of financial instruments on the Deriv.com platform, an easy-to-use and versatile trading platform for both novice and experienced traders. There is also SmartTrader, the preferred binary options trading platform that allows traders to trade on a simple, user-friendly online platform for the global financial markets.

            Deposit & withdrawal

            Binary.com welcomes a variety of payment and withdrawal methods. The main payment methods are Wire Transfer (for EUR, USD, GBP, AUD), PayTrust (for USD), ZingPay(forEUR,USD, GBP,AUD),Helpay(forUSD), VISA/MASTERCARD/Maestro (for EUR, USD, GBP, AUD), Fasapay (for USD), Perfect Money (for EUR). Binary.com does not provide detailed information on the fees for deposit and withdrawal.

          Payment

            Binary.com Customer Support

            Binary.com has translated their website into a dozen different languages. As for customer support, traders can contact the support team through Live chat. The full details can be found on the “Contact US” area of the website.

          Risk Warning

          The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

          Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

          Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

          Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.