Score

1.34 /10
Danger

Binary Investment Trade

United States

2-5 years

Suspicious Regulatory License

High potential risk

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Comparison

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Exposure

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Score

Regulatory Index0.00

Business Index5.67

Risk Management Index0.00

Software Index4.00

License Index0.00

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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

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-10
  • 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

Binary Investment Trade · Company summary
Binary Investment Trade Review Summary
Registered Country/Region United States
Regulation Non-regulated
Market Instruments N/A
Demo Account N/A
Leverage N/A
Spread N/A
Commission N/A
Trading Platforms N/A
Minimum Deposit $100
Customer Support Contact Form; Live Chat; Email: support@binaryinvesttrades.com
Company Address 4723-B Eisenhower Avenue Alexandria, VA 22304

What is Binary Investment Trade?

Binary Investment Trade is a trading platform based in the United States, specifically located at 4723-B Eisenhower Avenue Alexandria, VA 22304. However, it's essential to note that this platform is not currently regulated by any financial authority, which could pose potential risks for investors considering the use of its services.

Binary Investment Trade's home page

Pros & Cons

Pros Cons
N/A
  • Confusing Website
  • Very Limited Customer Support
  • Non-regulated
  • Unstable Website Server

Cons:

  • Confusing Website: The content and layout of the website could be confusing for users, making it harder to navigate and gather essential information.

    • Confusing Website
  • Limited Customer Support: With very limited options for customer support, users might find it challenging to get help when they encounter issues or have queries.

  • Non-Regulated: Being non-regulated means that the platform does not come under any financial authority's jurisdiction, posing a potential risk to investors' funds.

  • Unstable Website Server: An unstable website server can cause inconvenience and difficulty for users as they might face frequent downtime or speed issues.

Is Binary Investment Trade Safe or Scam?

  • Regulatory Sight: Binary Investment Trade is a trading platform that does not have any regulatory oversight.

No license
  • User Feedback: Users should check the reviews and feedback from other clients to gain a more comprehensive sight of the broker, or look for reviews on reputable websites and forums.

  • Security Measures: So far we haven't found any information about the security measures for this broker.

Investment Plans

Binary Investment Trade offers two main investment plans: Basic Plan and Gold Plan, which provide different ranges of investment and return rates. The Basic Plan requiresan investment range of $100 to $1,000 and offers a daily return rate of 100%, with the initial capital returned to the investor.

The Gold Plan, on the other hand, requires a larger investment range of $1,000 to $10,000. It offers a lower return rate of 80%, but this is calculated on a weekly basis. Unlike the Basic Plan, the Gold Plan does not return the initial capital to the investor.

More detailed information can be found in the screenshot below:

Investment Plan details

Conclusion

Binary Investment Trade, based in the United States, is a trading platform currently operating without regulatory oversight. It promises significantly high returns on investment, raising strong suspicions of credibility and safety. The vague and confusing website, coupled with limited customer support and unstable server performance, further contribute to the potential risks associated with this platform.

Frequently Asked Questions (FAQs)

Q: Is Binary Investment Trade a regulated platform?

A: No, Binary Investment Trade is not overseen or regulated by any recognized financial authority.

Q: How can I contact Binary Investment Trade's customer support?

A: You can try to contact Binary Investment Trade through their provided email: support@binaryinvesttrades.com or you can fill out the contact form and try the live chat on their official website.

Q: Is Binary Investment Trade a good choice or not?

A: This broker has got no available website, no valid regulation, and little available information, so we do not recommend users to trade on this broker.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

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