If you are interested in trading options and you want to find a broker that will supply all your requests, then Binary International is definitely not your 100% money maker. It belongs to the category of unknown scam brokers. In case you have a chance of encountering it, then be aware that Binary International is highly recommended to be avoided. Why? Read our Binary International review.
Min. Deposit: $250 Demo: No
Platform: Custom Bonus: No
Regulation: N/A US Clients: YesDO NOT SIGN UP! Read full Binary International Scam Review and find out what is waiting for you. SCAM DETECTED!
Binary International Scam Review: About the Company
When you enter the website of the broker, you instantly get the feeling of doubt not just because of design. Binary International has an address presented like: Babrow Building, The Valley, British West Indies, Anguilla. The info on the website indicates that Binary International is a partner of so well-known representatives of the business world such as Nasdaq, MasterCard, Maestro, London Stock Exchange.
However, when you try to verify the partnership terms by clicking on the following icons, you will be simply thrown to the Open Account page. We also failed to find any validated information about the date of foundation and who actually represents Binary International options, even though we were quite attentive and scrupulous. The reason is evident – no such significant information is provided. Broker also outlines that it is awarded with IBFA approval. In fact, this matters nothing.
As the vast majority of scam brokers, they offer get-rich-quick fraudulent trading methods or strategies doubled with special offers to multiply your cash bonus starting from demo account.
Binary International Accounts Review
Binary International offers you 4 different packages in a couple with Third Party Signals Software with a starter price of $250. Is Binary International scam? Yes, it actually is and its offers involve subtle scheme that actually leads to enrich the deceiver and thus end with a considerable money loss for a trader. Alongside with ordinary packages, Binary International offers so called additional Corporate Package that claims to provide you with a dedicated training consultant. Do not forget that you do not know who you are dealing with, and such package should be avoided as the broker itself.
Now we are going to describe the suggested packages. Here they are:
Starter Package is the first account to be offered. However, it claims to grant you trading all assets and all timeframes. This already makes it quite questionable considering that it is just the starting package. As with other packages that are going to be discussed, this pack has minimum trade of $5, while the minimum deposit is evaluated as $250. It is stated that you can get 50% Deposit Cash bonus. Such generosity in starter package looks strange at least.
Well, the premium offers trading all assets and all timeframes just well as starter. It is not a secret, that such offer is stated in platinum and maestro packages of Binary International scam too. Well, you are offered with 24/7 trader support and free practice demo account. Again, this “opportunity” is presented in 2 following packages. We would like to draw your attention to the fact that demo account is usually offered in all types of packages and first of all in the starter as it is meant to serve new traders. Nonetheless, you see that this scam broker is interested in the personal prosperity, thus pushing traders to buy more expensive packages. Moreover, the minimum deposit here equals $500 along with 100% Deposit Cash Bonus. Do not let to deceive yourself.
This package is described by Binary International as the most popular choice, although who actually chose it – that is unknown, as the website is deprived of adequate feedback. But that is a bit a later. Risk-Free trades is what such account claims to offer. In addition, minimum deposit here is $1,000 with 150% deposit cash bonus.
The last package being of the highest value offers so called Risk-Free trades as well. Minimum deposit is $2,000 and it has 200% deposit cash bonus.
Binary International Scam Trading Platform
The Binary International platform does not look promising at all, especially if you compare it with other binary trading platforms. It has not user-friendly interface. Generally, it offers 4 types of binary options: High/Low, Boundary, OneTouch, Short term.
However, this platform is not suited for successful traders being eager to gain benefit from trading binary options. Beside the fact, that this broker is the scam, this platform was not designed to support the user and thus cannot bring anticipated profit. The extra reason against using this broker is that the diversity of options available is quite limited. Therefore, avoid Binary International scam.
Binary Scam International Deposits and Withdrawals
Our review discovered that the broker permits deposits via credit/debit cards and wire transfers. As for the withdrawals, they are made in the same way like deposits. However, talking about card, you cannot withdraw more than the deposit, the rest will be sent by the bank. Binary Options Hub does not believe that you can fortunately trade with such withdrawal.
Binary International Customer Support
Binary International review ensures once more, that such brokers often try to imitate good and permanent customer support. However, this broker does not even have the live chat in which you can ask your questions. Instead, you are given the chat linked to the e-mail of a broker, so the answer cannot be instantaneous – it is a lottery. You are also provided with only one phone number and whether it supports your native language is unknown.
Binary International Account Application
Scam brokers tend to give you unsophisticated account application and that is the sign of pure fraud usually.
This box is all what the account opening represents, thus be most attentive and avoid this broker
Honest Binary International Scam Review Conclusion
Is Binary International scam? Yes. It has no verified information presented on the website. The trading platform, apparently made hastily by the scam broker, does not look good. Our overall impression is not satisfying.
Do not ever open account with scam brokers! Trade with trusted ones!