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BinaryBook -

Score

1.53 /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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Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.16

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! 2
Previous Detection : 2024-09-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

BinaryBook · Company summary

General Information & Regulation

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.

Market Instruments

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

Minimum Deposit

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.

Trading Platform Available

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.

Deposit & 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.

Customer Service

The BinaryBook website and customer support are available in English, Arabic and Turkish. Support is provided through Chat, emails or phone to numbers in the UK and Bahrain. I contacted the Chat service for a query about trading and received a quick and informative response.

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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