✔️ Information reviewed and updated in February 2024 by Eduardo López

IS Binomo Fx Trading RELIABLE? OPINIONS

In this post I will analyze Binomo Fx Trading. Is Binomo Fx Trading (with binomofxlimited.com website) binary options and CFDs broker really reliable? Is it safe to invest your money with this company? I will examine this company in detail.

I will explain to you why I think Binomo Fx Trading is an UNSAFE company AND I CONSIDER IT AS UNRELIABLE. BE CAREFUL WITH THIS KIND OF COMPANIES!


ℹ️ BROKER DATA:

Here are two things that I would like to highlight, (1) the first thing that is important to know is about its regulation and (2) the second is the location of the company. These are two data of vital importance to be able to measure the seriousness and reliability of a company.

Does the company have no regulation or is it regulated by an unserious country? Is the company located in an unreliable place or does it not mention where it is located? These are questions that every investor should ask about the reliability of the company.

InformationAbout the company
(I.e. CompanyBinomo Fx Trading Group Ltd 
???? AddressClaims to be falsely located in Cyprus, the United Kingdom and Germany
📄 RegistrationNot mentioned
🛡️ RegulapainIt mentions being regulated in CySEC, FCA and BaFin 
️ ️ Phone NumberDoes not have
📧 Email[email protected]
🌐 Websitebinomofxlimited.com
???? Live ChatYes
💳 Payment methodsNot mentioned
Company typeBinary Options and CFDs broker

📞 LIST OF PHONE NUMBERS:

The company does not mention any contact telephone number. The lack of means of contact makes me a little nervous. It is not normal.


💰 DEPOSITS AND ACCOUNTS:

Binomo Fx Trading does not offer different types of accounts.


🌐 WEBSITE – WEBSITE:

Below you will see the company's website and a small analysis about the website:

Binomo Fx Trading website
  • Age of the website: the domain “binomofxlimited.com” was registered on October 05, 2023. That is, it is a website that is not very old. 🚩
  • The website mentions which company it belongs to, but I have not been able to find “Binomo Fx Trading Group Ltd” in the company records. I think it may be a fake company. 🚩
  • The company mentions being regulated in the United Kingdom, Germany and Cyprus, but I believe this information is false. They try to pass themselves off as a regulated company. 🚩

⭐ Binomo Fx Trading OPINION:

After having carried out an analysis of the company, I have come to the following conclusions:

1) The company mentions being located in the UK, Germany and Cyprus, but I think they are trying to mislead about their location. I recommend extreme caution

2) The company claims to be regulated by regulators in the United Kingdom and Cyprus.

3) I think the company has very little seniority or history. As I mentioned, I was able to check that the domain “binomofxlimited.com” was registered on October 05, 2023. It is very recent.

4) The company has a very bad reputation on the internet, I have already been able to find customer complaints.

8) The company has been reported by the following financial regulator(s): FCA, UK Financial Authority. It is a very unsafe company, be careful.

“To be honest with you I would not invest in this type of company: it falsely mentions being regulated in the United Kingdom, Germany and Cyprus. He mentions belonging to a company Binomo Fx Trading Group Ltd which apparently is a fake company. I honestly cannot recommend a company of this type.”


💬 WHAT TO THINK OF A COMPANY LIKE Binomo Fx Trading?:

Binomo Fx Trading has emerged as a broker that generates considerable concerns and presents itself as a potential source of risks for investors, highlighting several aspects that raise serious doubts about its integrity and reliability. One of the most alarming elements is the claim to have locations in the United Kingdom, Germany and Cyprus, as there are indications that these addresses may be fake or at least difficult to verify. This lack of transparency regarding the company's physical location raises questions about the authenticity and legality of its operations.

The issue of regulation adds another level of concern. Binomo Fx Trading claims to be regulated by the mentioned countries, but upon detailed verification, this information is found to be false. This type of deceptive practice suggests a lack of integrity and ethics in the presentation of the platform, as it pretends to be in compliance while operating in an unregulated environment. This lack of real regulation puts investors at risk, as they are left unprotected and without the necessary safeguards to prevent potential financial abuses.

Additionally, the complaint by the UK regulator, the FCA (UK Financial Authority), It adds an additional level of severity to the situation. The FCA is a respected entity that ensures the integrity of the financial system, and the fact that it has reported Binomo Fx Trading suggests possible irregularities or practices that do not comply with established regulations. These types of regulatory alerts are important signals that investors should take into account when evaluating the suitability of the platform.


📣 LATEST UPDATES:

1) Update January 2023: la FCA, Financial Authority of the United Kingdom, has reported Binomo Fx Trading.


✔️ CLAIM MONEY FROM Binomo Fx Trading:

If you have been scammed, then I explain, in my opinion, one of the most effective methods to recover capital. If you do it on time and with a serious company, it is highly effective.

We work with a capital recovery service. here you can recover your capital.

In a few words, we use the chargeback method or capital withdrawal, with this method what we do is ask the bank or Visa, or Mastercard (depending on how we send the money), to return our capital, since we have been scammed. In order to recover it, we have to prove that we have indeed been scammed.

Claim your money now!

If you have been scammed, it is the option that I recommend, we work with a totally serious and safe capital recovery company.


🚨 REPORT Binomo Fx Trading:

If you have been scammed by this company and you want to report it, I think the best option is to contact the financial regulator of the country where you live. Report what happened to the regulator. Here are some examples of financial regulators by country:

🇦🇷 Argentina: the financial regulator is CNV, here you can get in touch

🇧🇷 Brazil: the financial regulator is CVM, here you can get in touch

🇨🇱 Chile: the financial regulator is CFM, here you can get in touch

🇨🇴 Colombia: the financial regulator is the Financial Superintendence, here you can get in touch

🇪🇨 Ecuador: the financial regulator is SUPERINTENDENCE OF BANKS, here you can get in touch

🇪🇸 Spain: the financial regulator is CNMV, here you can get in touch

🇺🇸 United States: the financial regulator is FINRA, here you can get in touch

🇮🇹 Italy: the financial regulator is CONSOB, here you can get in touch

🇲🇽 Mexico: the financial regulator is CNBV, here you can get in touch

🇵🇪 Peru: the financial regulator is SBS, here you can get in touch

If your country is not on the list, leave a comment and I will gladly help you!


❓ FAQS – FREQUENTLY ASKED QUESTIONS:

What is Binomo Fx Trading?

Binomo Fx Trading is an investment broker in binary options and CFDs.

Is Binomo Fx Trading a scam – is it a scam?

In my opinion it is, I think it's a scam. Taking into account different characteristics of this company, I must qualify it as a very bad and very unsafe one.

Is Binomo Fx Trading Reliable?

Binomo Fx Trading is a company that I consider UNTRUSTABLE. It has characteristics that make it a very unsafe company: be very careful.

How to get money back from Binomo Fx Trading?

If you have lost your money or been scammed, I recommend you try the capital recovery service.

Which broker is reliable to invest?

If you want to know a safe and reliable company, I invite you to see the ranking of best brokers and you can also check the 3 best brokers of the month.


Eduardo Lopez

Editor and Copywriter

I am Eduardo López Martínez, I was born in Madrid, Spain and I am 48 years old. I am a journalist and I am part of the Brokersdeforexconfiables.com team. Do you want to know a little more about me? I invite you to read my biography.

See publications of Eduardo López

Review rating: 5/5 - (175 votes)

2 comments on «IS Binomo Fx Trading RELIABLE? OPINIONS»

  1. cheated Reply

    A friend invested, I'm scared, I don't want to lose my savings or get scammed. do you have information? Thank you so much!.

    • reliableforexbroker.com Reply

      Hello scammed, Binomo Fx Trading is a SCAM, we are receiving many complaints from investors, they do not return the money, they should never invest in a broker without REGULATION.

      They create positive comments of their own to confuse investors and pose as a serious and legal company but everything is invented and if you mention our review they say that we are the competition and that is not true (we only do reviews of brokers).

      When you request a withdrawal of capital or benefits, if they make excuses and force you to pay commissions or another type of ransom, you will know that they are scamming you, do not fall into that trap, those commissions are not real, they try to take more money from you.

      If you want to recover the money you can do it from the CHAT on our website or by filling out the form at this link: Get your money back, we are with you

      Greetings.

Leave your comment

Your email address will not be published. Required fields are marked with *