Is Binary.com a scam?

Is Binary.com a Scam?

Is Binary.com a Scam?

Binary.com has been in the trading business for 17 years, so we think it’s pretty safe to say that they have proven their reliability time and time again. With over a million satisfied clients, there shouldn’t really be any doubt whether this company can make good on its promises. However, if you’re still a rookie trader wondering is Binary.com a scam or not, we will show you everything that keeps you safe on this website. Our team of traders went in and examined the website’s security in a very detailed manner, so if you want to learn about that you’re in the right place. Stay with us and see how an experienced broker protects its clients.

Is Binary.com a Scam? | A huge number of licenses

The most reliable evidence of how secure a binary options broker is are the licenses the company has in its possession. Given that Binary.com has been in the business for so long, you would expect it to have a license of its own and you would be right. However, there is something pretty remarkable this company has achieved in this respect, something that really puts it above all other brokers. You see, this company has no less than SIX different licenses! That’s right, six of them! We have never encountered a broker that comes even close to this, so it really had to be mentioned right at the beginning of our Binary.com scam test. The licenses in question come from the Isle of Man, United Kingdom, Malta (Malta Financial Services Authority and Malta Gaming Authority) and Japan (Financial Services Agency and The Financial Futures Association of Japan). These are all much respected agencies and we could end our article right now and leave it at that, but we will show you more evidence that Binary.com security system works perfectly. Read on!

Binary.com Regulation

Binary.com Regulation

Is Binary.com a Scam? | Safe transactions

Asking “Is Binary.com a scam?” usually first and foremost means that you want to make sure that the broker will always treat your money the right way. Well, you certainly don’t have to worry about that here. Apart from 17 different methods for deposits and Binary.com Withdrawal and very low financial requirements, you can count on the outmost security of your personal and financial data. First of all, an impenetrable SSL encryption makes sure you are the only one with access to that information. Second, everything the broker does or asks of you is in full accordance with international anti money laundering practices and trading laws and regulations.

Binary.com Payment Methods

Binary.com Payment Methods

Should you have any complaints regarding the way this company conducts its business, you can always file a complaint to them and if its outcome does not satisfy you, you always have the option to take things to one of the company’s regulators. In short, there is always a way for you to seek justice if you feel that you were wronged, but we honestly think it won’t come to that. This broker is simply too professional and does its best to make sure traders feel good on their website. However, there are more things to discuss, so keep reading!

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Is Binary.com a Scam? | Reliable platforms

If you have already read our Binary.com Review 2017, then you know that trading platforms are one of this company’s strongest assets. Yes, there are several of them, which means you can choose the one that fits your skill level and trading style perfectly. We have thoroughly tested all of them (even the Binary.com Apps) and found absolutely no problems whatsoever. The information we got from our platforms was always perfectly accurate and every trade we opened was executed on time and exceptionally smoothly. Thanks to the great design, nothing is hidden from you and you can even enjoy all the benefits of 2-way pricing: the platform will immediately tell you how much you stand to gain from each of the two possibilities you have. This makes trading here very transparent and provides you with more information relevant to your investment decision. Be aware, however, that you can find platforms here that are more suited for experienced traders and those designed with beginners in mind and they differ in the amount of details you receive from the market. But no matter which one you pick, there are absolutely no signs of Binary.com fraud in any of them, so we can move on with our analysis.

Binary.com Apps

Binary.com Apps

Is Binary.com a Scam? | Always there to help

Another thing that can tell you is Binary.com a scam or not is the company’s customer support. This is another thing this company does exceptionally well because the team in charge of helping traders is very well trained, patient and able to explain everything in such a way that even the beginners will understand. You can contact them by e-mail, live chat and calls which are completely toll-free. Absolutely everything that has to do with Binary.com can be the topic of your discussion with these people, from transfer methods to programming your Binary.com Robot. The staff is quick to respond, so you shouldn’t wait long to get your questions answered. Of course, they are also active on social networks, which is another way you can find out what interests you. In any case, with these people you will never be left to your own devices and there will always be someone backing you up.

Binary.com Contact

Binary.com Contact

Is Binary.com a Scam? | Conclusion

After all this, asking is Binary.com a scam seems pretty ridiculous. The fact that they have been around for 17 years should be enough, but when you add to that the fact that this company has six different licenses there can be absolutely no room for doubt. This number of licenses is simply staggering and cannot be found anywhere else in the industry. In addition, the money transfers work just as you would expect, the platforms are smooth and constantly updated and the support team is always at your disposal. Binary options brokers simply do not get any more reliable than this and if you want to start trading, you won’t find a better partner. Open an account here today!

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Author's overall rating:
Author: Ben Prescott
Updated:

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