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.

If tested on this criterion, Binary-Banc can be particularly identified for their poor communication system.

Online Since Demo Account Regulation US Traders Rating
2011 No No No 1.00

When someone logs on to the Bloombex website, the first thing can be noticeable will be their website’s speed, which is very slow.

Online Since Demo Account Regulation US Traders Rating
2009 No No Yes 1.00

EUOptions is one of the online binary trading brokers, offering around 50 financial instruments from the leading financial markets across the world.

Online Since Demo Account Regulation US Traders Rating
2011 No No No 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.