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Binary Tokens

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Operating status: SCAM

Website: https://binarytokens.com/

Broker violations and abnormal records
  • 2024-04-27 BrokersView has Reviewed that Binary Tokens is an Unregulated Broker

    According to its website, it claims to be registered at Company House with registration number: 13797107. According to the query, the dealer name and address found on CH are inconsistent with Binary Tokens. In addition, we searched the Financial Conduct Authority (FCA) and found no matching information.

    The truth is that Binary Tokens 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.

    Binary Tokens is a scam.

    According to its website, it claims to be registered at Company House with registration number: 13797107. According to the query, the dealer name and address found on CH are inconsistent with Binary Tokens. In addition, we searched the Financial Conduct Authority (FCA) and found no matching information.The truth is that Binary Tokens 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.Binary Tokens is a scam.

Related Complaints

Q&A

Hello, do you have any deposit info about Binary Tokens?

Razmik Tokoyan
Billings
2024-04-29
ANSWER It is strongly advised against engaging with Binary Tokens, a seemly fraudulent trading platform.The broker alleges to have registration number 13797107 issued by the Companies House (CH) to substantiate its authenticity in the country. However, the registration number is linked to a different company and there are no indications that it is associated with Binary Tokens. This inconsistency is a red flag. What's more, Binary Tokens, despite the claims of being domiciled in the UK, fails to obtain the required authorization from the Financial Conduct Authority (FCA), rendering its financial services unlawful.Therefore, Binary Tokens is not subject to the regulatory oversight. Investors dealing with it are not protected by rules or law. To have a safer trading environment, it is highly recommended to opt for fully regulated brokers over unregulated ones like Binary Tokens.
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