The Spanish regulator CNMV added Binarymate into the unregistered firm alert The Spanish National Securities Market Commission (CNMV) warned the public that the firm is not authorised to provide the investment services in the country: https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=Binarymate

BrokersView has reviewed that Binarymate is an unregulated forex broker Binarymate claims to be regulated by the Marshall Islands Registry (IRI), but IRI does not issue any licenses for forex trading or brokerage nor does it regulate, monitor, supervise or license international companies engaging in such activities. So Binarymate is currently not regulated by any financial regulator. That means investors’ funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.

Binarymate's claimed IRI registration has been canceled Binarymate, a trading platform, purports to have global phone lines, implying the potential existence of offices in various countries. However, the only information available on its website pertains to its registration with the International Registry (IRI), a privately held maritime and corporate registry service provider. This could be an attempt to project an image of legitimacy.Notably, Binarymate's sole registration with the IRI has been revoked. This is a substantial red flag, indicative of potential fraudulent activity. It is strongly advised to steer clear of this entity, as it operates outside of any regulatory oversight.

Can I use debit card to deposit on binarymate account? Dear Investor, Binarymate is highly suspected to be a fraudulent trading platform, and we do not recommend engaging in any transactions with them. The platform has not provided any regulatory information, merely claiming that its company, INVOLVA CORP, is registered in the Marshall Islands. However, our investigation revealed that the registration status of this company in the Marshall Islands Registry (IRI) has been annulled. This indicates that its registration is no longer valid and the company may already be experiencing operational issues. Furthermore, the Spanish National Securities Market Commission (CNMV) has issued a warning against this company, stating that it is providing investment services to the public without proper authorization. Therefore, we strongly advise you to avoid trading with this broker to protect your funds. View Source

Is http://binarymate.com legit？ Binarymate is unregulated and should be avoided at all events. Binarymate claims to be regulated by the Marshall Islands Registry (IRI), but IRI is a provider of shipping, ship and company registration services, providing technical and management support to the Maritime and Companies Registry of the Republic of Marshall. Marshall IRI is not a government agency, nor is it a regulatory agency. So Binarymate is currently not regulated by any financial regulator. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is thoroughly a scam. We would recommend traders to stay away from unregulated brokers like Binarymate and trade with licensed brokers. View Source

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