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Binarymate
Regulators:
I've been trying register my account with Binarymate, but why it takes them forever to verify my account? I already submitted all the required documents. Please help me check if it's a safe platform, I don't want my private info being leaked to scammer.
Binarymate is unregulated and should be avoided at all events. Binarymate claims to be regulated by the Marshall Islands Registry (IRI), but IRI is a provider of shipping, ship and company registration services, providing technical and management support to the Maritime and Companies Registry of the Republic of Marshall. Marshall IRI is not a government agency, nor is it a regulatory agency. So Binarymate is currently not regulated by any financial regulator. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is thoroughly a scam.
We would recommend traders to stay away from unregulated brokers like Binarymate and trade with licensed brokers.
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