Scam Brokers

Not all binary options brokers are doing their business in an honest way. The table below features the brokers that earned a rather bad reputation and are often characterized as ‘scams’ among binary traders. It is advised to avoid such companies and move your trading funds to a safer broker.


Binary-Banc
Min Deposit: $100
Online Since
2011
Demo Account
No
Regulatoin
No
US Traders
No
Rating
1.00

Bloombex Options
Min Deposit: $200
Online Since
2009
Demo Account
No
Regulatoin
No
US Traders
Yes
Rating
1.00

bnryoptions

bnryoptions

Bonus: 100%
Min Deposit: $250
Online Since
2012
Demo Account
Yes
Regulatoin
No
US Traders
Yes
Rating
1.00

EUOptions
Min Deposit: $100
Online Since
2011
Demo Account
No
Regulatoin
No
US Traders
No
Rating
1.00

EZBinary

EZBinary

Bonus: 30%
Min Deposit: $200
Online Since
2011
Demo Account
No
Regulatoin
No
US Traders
No
Rating
1.00

FireOptions

FireOptions

Bonus: 100%
Min Deposit: $200
Online Since
2014
Demo Account
Yes
Regulatoin
Yes
US Traders
No
Rating
1.00

GEOtradex

GEOtradex

Bonus: 100%
Min Deposit: $50
Online Since
2011
Demo Account
No
Regulatoin
No
US Traders
Yes
Rating
1.00

Global Trader 365
Min Deposit: $200
Online Since
2011
Demo Account
Yes
Regulatoin
No
US Traders
Yes
Rating
1.00

Golden Binary
Min Deposit: $100
Online Since
2012
Demo Account
No
Regulatoin
No
US Traders
No
Rating
1.00

IkkoTrader

IkkoTrader

Bonus: 90%
Min Deposit: $200
Online Since
2009
Demo Account
No
Regulatoin
No
US Traders
Yes
Rating
1.00

Market Punter
Min Deposit: $200
Online Since
2011
Demo Account
No
Regulatoin
Yes
US Traders
No
Rating
1.00

NRGBinary

NRGBinary

Bonus: 30%
Min Deposit: $350
Online Since
2012
Demo Account
No
Regulatoin
No
US Traders
Yes
Rating
1.00

OptionLucky
Min Deposit: $200
Online Since
2011
Demo Account
No
Regulatoin
No
US Traders
No
Rating
1.00

Optionova

Optionova

Bonus: 200%
Min Deposit: $200
Online Since
2010
Demo Account
No
Regulatoin
No
US Traders
No
Rating
1.00

Options Bravo

Options Bravo

Bonus: 100%
Min Deposit: $100
Online Since
2011
Demo Account
Yes
Regulatoin
No
US Traders
Yes
Rating
1.00

PowerOption

PowerOption

Bonus: 100%
Min Deposit: $250
Online Since
2013
Demo Account
No
Regulatoin
Yes
US Traders
No
Rating
1.00

Royal de Bank

Royal de Bank

Bonus: $50,000
Min Deposit: $500
Online Since
2010
Demo Account
Yes
Regulatoin
No
US Traders
Yes
Rating
1.00

It is important to note though that the websites listed here are not necessarily scammers or fraudsters. Sometimes, a broker’s reputation may be a result of false complaints or simple misunderstanding between the customer service and traders. The brokers listed above look like scam to us, but it is not a guarantee that you will have bad experience doing business with them.

Binary options trading involve risk. Although the risk of executing a binary options open is fixed for each individual trade, it is possible to lose all of the initial investment in a course of several trades or in a single trade if the entire capital is used to place it. It is not recommended to base your investment decisions on any information presented on or originating from BinaryTrading.com. By browsing this website you express your acceptance of the terms of this disclaimer and that BinaryTrading.com cannot be deemed responsible for any losses that may occur as a result of your binary option trading. BinaryTrading.com is not licensed or registered as a financial consultant or adviser. BinaryTrading.com is neither a broker, nor funds manager. The website does not provide any paid services. All content of BinaryTrading.com is presented for educational or entertainment purposes only.

General Risk Warning: Trading in Binary Options carries a high level of risk and can result in the loss of your investment. As such, Binary Options may not be appropriate for you. You should not invest money that you cannot afford to lose. Before deciding to trade, you should carefully consider your investment objectives, level of experience and risk appetite. Under no circumstances shall we have any liability to any person or entity for (a) any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to Binary Options or (b) any direct, indirect, special, consequential or incidental damages whatsoever.

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