Score

1.40 /10
Danger

247-BINARYTRADE

United States

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Expose

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.13

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

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Warning: Low score, please stay away!
Previous Detection : 2024-12-27
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

247-BINARYTRADE · Company summary

General Information

247-BINARYTRADE is a brokerage offering its clients access to a series of trading instruments, including currency pairs, Cryptocurrencies, Indices and more. Please note that this brokerage is not subject to any regulation, please be aware of the risk.

General

Minimum Deposit

247binarytrade claims that the minimum deposit to register an account is $500, which is absurd in a world where micro accounts typically cost little more than $10. To start a basic account with a licensed broker, you should expect to pay no more than $100-200. The trading circumstances at 247binarytrade are, therefore, extremely adverse.

Investment Plans

Four investment plans are offered by 247binarytrade: Mini, Silver, Gold, and Platinum. 7 x 24 customer support is available with all four accounts. With the Mini Plan, you need invest in at least $500 and can get 10.0% daily rate. The Silver Plan features a 20.0% daily rate, with minimum deposit of $1,000. The daily rate with the Gold Plan is as high as 47%, with at least $2,500 to invest in this plan. While for the Platinum Plan, you can get a daily rate of 70%, with minimum deposit of $5,000.

Extra vigilance should be taken when making investment decisions. Please note that the promise of high returns is probably the tactics of fraudsters.

Investment

How to Invest with 247binarytrade

Becoming a member of 247-binarytrade.com is a prerequisite before making any kind of investment there. After completing the signup process, the next step is to acquire bitcoin and then make a deposit using the wallet address that is displayed on the members' dashboard. Make your deposit using the address that is displayed in your profile by copying it and using it.

Deposit & Withdrawal

The minimum deposit is $500. Bitcoin, Western Union, MoneyGram, Perfect Money, PayPal, bank transfer, cryptocurrency are all available payment options for its clients to make a deposit and withdrawal.

Customer Support

Traders with any inquiries or trading related issues can get access to Valuta Markets multilingual customer support through the following contact channels:

Online chat

A contact form (filling out required details, then waiting to be connected)

Telephphone (For VIP Members only)

Email: support@247-binarytrade.com

Company Address: 72-54 Bristol St, Cambridge, MA 02141, USA.

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