We use cookies to improve your experience on WeConnectFX.

Binary Financial logo

Binary Financial

Visit

Risk Level - High

Scam Evidence & Warnings

!

The Securities Commission Malaysia (SC) Added Binary Financial into Its Investor Alert List In 2022, The Securities Commission Malaysia (SC) issued a warning against Binary Financial that this firm may possibly be a clone operating an illegal investment scheme and carrying on unlicensed capital market activities of dealing in securities. You may visit: https://www.sc.com.my/regulation/enforcement/investor-alerts/sc-investor-alerts/investor-alert-list

!

BrokersView has Reviewed that Binary Financial is an Unregulated Broker Binary Financial claims to be a reliable company without presenting any information about its regulation or contact. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated companies always present their accreditations and licenses in a prominent position. It is a red flag. The Securities Commission Malaysia (SC) issued a warning that Binary Financial was providing finacial services or products without authorisation.The truth is that Binary Financial is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

!

BrokersView has identified that Binary Financial's website is currently offline BrokersView found that the domain “easytradeinvestment.com” is currently inaccessible. This is considered a significant red flag, as a broker’s website suspension often indicates underlying legal or operational issues.

Reviews

Please sign in or register to share your experience

No reviews yet for this broker. Be the first to leave one!

Dashboard Home Brokers Brokers Prop Firms Props