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.

Global Trader 365

Bonus: 50%

Min Deposit: $200

Online Since

2011

Demo Account

Yes

Regulatoin

No

US Traders

Yes

Rating

1.0

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.