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Score

1.54 /10
Danger

BinaryBook

United Kingdom

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://www.binarybook.com

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Time Machine
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Score

Regulatory Index0.00

Business Index7.23

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Danger

MY SCM
2018-01-01
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BinaryBook

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Warning: Low score, please stay away!
Previous Detection : 2024-12-31
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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BinaryBook · Company summary

Note: BinaryBook's official website: https://www.binarybook.com/ is currently inaccessible normally.

BinaryBookReview Summary
Founded2021
Registered Country/RegionUnited Kingdom
RegulationNo regulation
Market InstrumentsStocks, commodities, indices, and forex currency pairs
Demo Account❌
Leverage/
Spread/
Trading PlatformIn-house
Min Deposit$250
Customer SupportEmail: support@binarybook.com
Facebook: https://www.facebook.com/BinaryBook
Twitter: https://twitter.com/BinaryBook

BinaryBook Information

BinaryBook is a relatively new binary options broker. Based in London and Anguilla, BinaryBook offers a user-friendly trading platform with a variety of assets such as stocks, commodities, indices and currencies. BinaryBook.com is one of the few binary option brokers that accept U.S. clients. Nevertheless, BinaryBook does not fall under any regulation at this stage.

Pros and Cons

Pros Cons
Various trading productsNo regulation
Inaccessible website
No demo accounts
No MT4/MT5 platform
High minimum deposit requirement
Limited info on trading conditions

Is BinaryBook Legit?

No. BinaryBook has no valid regulations currently. Please be aware of the risk!

Domain information

What Can I Trade on BinaryBook?

Tradable financial instruments available on the BinaryBook platform include stocks, commodities, indices, and forex currency pairs.

Tradable Instruments Supported
Forex currency pairs ✔
Commodities ✔
Indices ✔
Stocks ✔
Cryptocurrencies❌
Bonds❌
Options❌
ETFs❌

Account Type

There are five different account types to choose from at BinaryBook. To start the Micro Account, a $250 deposit is required. Although the minimum initial deposit seems reasonable, it is unsafe to trade with this broker given the fact that it is unregulated.

Account TypeMin DepositWelcome bonusRisk-free trade & Training Signals Trading
Micro $250Up to 20%––
Basic$500Up to 50%1 risk-free trade1 month of free Basic Trading Signals (valued at $200)
Gold$2 500Up to 75%2-risk free trades, up to 2h trading sessions with an expert trader1 month of free Gold Trading Signals (valued at $500)
Platinum$10 000Up to 100%5-risk free trades, 5 to 10h trading sessions with an expert trader2 months of free Platinum Trading Signals (valued at $1,000)

The broker provides swap-free service for customers of Islamic belief, which excludes any Riba (commissions and Interests), which is available for all account types.

The minimum bet size with this broker is $25.

Trading Platform

BinaryBook uses its own proprietary trading platform where traders can trade binary options in currencies, commodities stocks and indices from anywhere they happen to be.

Besides, BinaryBook has just introduced its mobile application. Its available at the app store and on Google play and is free of charge.

Trading PlatformSupported Available Devices Suitable for
In-house ✔Web, mobile/
MT4❌/Beginners
MT5❌/Experienced traders

Deposit and Withdrawal

Most credit cards and debit cards such as Visa, Delta, MasterCard, Diners, Visa Electron, Maestro, Maestro UK (Switch) and Solo are accepted as well as bank transfers and Neteller, cashU, Webmoney and UnionPay. Withdrawals are executed by sending a request via email.

A minimum withdrawal is $100, but there is no limit to the amount that can be withdrawn from a trading account.

User Reviews

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FX1457086786
more than one year
I fell for BinaryBook after a friend on Facebook recommended them, but boy, was I wrong. It was a complete scam. They kept pushing me to deposit more money, and I never made a dime. It was incredibly frustrating, and I regret ever trusting them. As a trader, you have to be careful and do your research before trusting any broker, no matter how trustworthy their recommendations might seem.
I fell for BinaryBook after a friend on Facebook recommended them, but boy, was I wrong. It was a complete scam. They kept pushing me to deposit more money, and I never made a dime. It was incredibly frustrating, and I regret ever trusting them. As a trader, you have to be careful and do your research before trusting any broker, no matter how trustworthy their recommendations might seem.
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2023-03-29 10:27
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L21748
more than one year
What the hell this BinaryBook is! They sell their websites after defrauding so many people, me, one of victims. Do you know where I can complain this broker? It is just so hateful!!!
What the hell this BinaryBook is! They sell their websites after defrauding so many people, me, one of victims. Do you know where I can complain this broker? It is just so hateful!!!
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2023-02-15 09:23
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