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BINARYCHAINFX

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Operating status: SCAM

Website: https://binarychainfx.com/

Broker violations and abnormal records
  • 2023-08-02 The UK FCA issues a warning against BINARYCHAINFX

    On August 3, 2023, the Financial Conduct Authority (FCA) issued a warning against BINARYCHAINFX, believing this broker might be providing financial services or products without proper authorization. https://www.fca.org.uk/news/warnings/binarychainfx

    On August 3, 2023, the Financial Conduct Authority (FCA) issued a warning against BINARYCHAINFX, believing this broker might be providing financial services or products without proper authorization. https://www.fca.org.uk/news/warnings/binarychainfx
  • 2023-08-03 BrokersView has reviewed that BINARYCHAINFX is an unregulated broker

    BINARYCHAINFX is using a generic website template to solicit investors. Such a crude outlook can usually be seen among scammers. This is a red flag.

    While it provides a license number on its homepage but doesn't name the specific regulator it is under, rasing suspicious about the license number's authenticity.

    Additionally, the Financial Conduct Authority (FCA) has added BINARYCHAINFX to its warning list as an unauthorized firm.

    In essence, BINARYCHAINFX is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

    BINARYCHAINFX is using a generic website template to solicit investors. Such a crude outlook can usually be seen among scammers. This is a red flag.While it provides a license number on its homepage but doesn't name the specific regulator it is under, rasing suspicious about the license number's authenticity.Additionally, the Financial Conduct Authority (FCA) has added BINARYCHAINFX to its warning list as an unauthorized firm.In essence, BINARYCHAINFX is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

Related Complaints

Q&A

How can I get in touch with staff in customer services of BINARYCHAINFX?

anand venkat
Oman
2023-08-30
ANSWER Due to its fraudulent nature, it is hard to contact the customer support team of BINARYCHAINFX if they intentionally ignore your messages.BINARYCHAINFX is a scam.BINARYCHAINFX uses a generic website template to solicit investors, a crude outlook often seen among scammers, and its domain (binarychainfx.com) is first registered in July 2023. The fact strongly suggests their intent to defraud.BINARYCHAINFX provides a license number on its homepage without a name of the specific regulator it is under, a suspicious behavior raising a red flag.Additionally, the Financial Conduct Authority (FCA) has added BINARYCHAINFX to its warning list as an unauthorized firm. You can view here for the full warning.Therefore, BrokersView has concluded that BINARYCHAINFX is a scam. Once your money and personal information enter the platform, there are no rules in place to prevent fraud or identity theft. To safeguard traders' interests, it is advisable to avoid unlicensed brokers like BINARYCHAINFX and choose a fully regulated one.
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