23Traders Review

23Traders Binary Options Broker

23Traders is an unlicensed binary options broker that is actually owned by Hermes Ventures Ltd., located at: Financial Service Centre, Stoney Ground, Kingstown, Saint Vincent and the Grenadines. Contact phone number is: +44 203 868 8600, and Customer Support email is: support@23traders.com.

For withdrawal problems or complaints you should go here.

Scam Trading Robots

Trading Signals ScamWARNING: Before using a fake binary options robot, learn more about the binary scam.

If you want a real Trading Robot, then look at the robots list here.

23Traders Review

23Traders give new traders the SpotOption trading platform which is used by many binary options brokers. The trading software has High Speed Trading in 30 or 60 second options and 2 or 5 minute options. There are Pairs, Long Term Binary Options, Ladder and High Low Options. With almost 200 assets to choose from in Forex pairs, Commodities like Oil & Gold, Stock Market Indices and Individual Stocks. The payouts range from a low of 70% to as high as 500% with far out of the money ladder options. The smallest account type requires a minimum deposit of $250.

23Traders created an educational department with load of videos for new traders. They also have ebook and tutorials for new traders. They offer new traders one on one training sessions which you can speak your account manager about.

23Traders Binary Options Broker Software
23Traders Binary Options Broker Software

23Traders No License

When the team at scam broker reviews a broker, we try to determine if they are licensed and regulated in Europe by CySEC or the FCA (Financial Conduct Authority).

23Traders is not a licensed broker. They are operated by Decimol Ltd., 53-55 General Edward I. Totleben Boulevard, 1606 Sofia, Bulgaria.

Traders seeking a licensed binary options broker can see the list of licensed brokers here.

Compare Brokers

With hundreds of brokers to choose from online, here are a couple of the popular brokers that investors are using today.

24option is a popular CFD broker, licensed in Europe by CySEC. Minimum deposit is only $100, plus their trading platform is easy to use, see here.

CM Trading is licensed by the FSB in South Africa, and they offer the Sirix and CopyKat trading platforms, read more at: CMTrading.com.

Best Binary Option Brokers Online

23Traders Review

23Traders Binary Options Broker

23Traders is an unlicensed binary options broker that is actually owned by Hermes Ventures Ltd., located at: Financial Service Centre, Stoney Ground, Kingstown, Saint Vincent and the Grenadines. Contact phone number is: +44 203 868 8600, and Customer Support email is: support@23traders.com.

For withdrawal problems or complaints you should go here.

Scam Trading Robots

Trading Signals ScamWARNING: Before using a fake binary options robot, learn more about the binary scam.

If you want a real Trading Robot, then look at the robots list here.

23Traders Review

23Traders give new traders the SpotOption trading platform which is used by many binary options brokers. The trading software has High Speed Trading in 30 or 60 second options and 2 or 5 minute options. There are Pairs, Long Term Binary Options, Ladder and High Low Options. With almost 200 assets to choose from in Forex pairs, Commodities like Oil & Gold, Stock Market Indices and Individual Stocks. The payouts range from a low of 70% to as high as 500% with far out of the money ladder options. The smallest account type requires a minimum deposit of $250.

23Traders created an educational department with load of videos for new traders. They also have ebook and tutorials for new traders. They offer new traders one on one training sessions which you can speak your account manager about.

23Traders Binary Options Broker Software
23Traders Binary Options Broker Software

23Traders No License

When the team at scam broker reviews a broker, we try to determine if they are licensed and regulated in Europe by CySEC or the FCA (Financial Conduct Authority).

23Traders is not a licensed broker. They are operated by Decimol Ltd., 53-55 General Edward I. Totleben Boulevard, 1606 Sofia, Bulgaria.

Traders seeking a licensed binary options broker can see the list of licensed brokers here.

Compare Brokers

With hundreds of brokers to choose from online, here are a couple of the popular brokers that investors are using today.

24option is a popular CFD broker, licensed in Europe by CySEC. Minimum deposit is only $100, plus their trading platform is easy to use, see here.

CM Trading is licensed by the FSB in South Africa, and they offer the Sirix and CopyKat trading platforms, read more at: CMTrading.com.

Best Binary Option Brokers Online

Reviewed by Scam Broker Reviews
  • Mark Daoud

    I have used 23 traders and in my opinion this is a scam. the trader allocated to me was unprofessional, aggressive and rude. they are not a good company at all. my complaints are unanswered and they are awful. stay away from them.

  • violet

    becareful of 23traders they are a scam they asked me to deposit $250 when i start i did so then a broker by the name of mike thompson contacted me and demanded $2000 which i did not have as is about r32000 in my country and he presured me to make payment of $850 which i did later he called and said i am going to loose all my money i the trade he made and so i must put $1000 and i should go and do loan by the bank or anywhere when i told him i cant do any loan he said then i had lost all my money please people becareful a lot financika, 23traders and titantrade are all scammers

  • Colin Clayton

    I also have experienced how rude this mike Thompson is,When i asked him that i wanted to take down my account and refund my money her got annoyed,So i have now put in to withdraw my money

    • Colin Clayton

      I got my money back coco after awhile but i had to be firm with them,I don’t really trust any of them…I took my money out of 23traders and put it into Ubinary…So if any one has any knowledge of them please tlet me know…Please be careful what you put your money into because they make money sitting on their london derry air whilst you lose it…

      • michael hutchinson

        hello, I am trying to get my money out, I have a bit in but all deposit as I am not willing to trade, could you please tell me how you achieved this.

        kind regards Michael

  • Silver

    I agree with you. I have lost all my money with Mike Thompson. During the trading, we did earn profit and my balance shows $17k but I didn’t withdraw the money out because there was another expiry date which is the next day so I just wait for the day to come and who knows Mike asked me to sell all the shares and buy a bigger shares and I lose all! Just keep trying to withdraw your initial deposit and don’t do any trading because you are not started.. Once you get started I think it is very hard to get it back.

    • Coco

      That’s brutal. I won’t give me personal information to them and I am asking my credit card company to force the money back for me. And my credit card company is helping.

      • Silver

        Did you start trading though?

        • Venessa Van Graan

          Silver, did you phone your credit card company and what was the out come

          • Silver

            I guess you trade at your own risk. Just need to be smarter and not do trading. That’s all. I have learned my lesson and never ever touch anything like this ever!

      • Silver

        Could you please let me know how the credit card company can help, please?

  • Niran

    Mike Thompson is a scam. I lost £26,000 trading with him. He’s not a
    professional and always requesting for more money. I practically grew my
    account myself. He calls me up last week and requests that I invest in
    commodities – Gold. He made me put all my investments in it and I lost
    all in a 15 minute trade.
    He hasn’t called me back since then. I
    have made numerous calls to his office with no response. please stay
    away from 23traders. All scammers. Niran

    • Silver

      Same as me Niran and there is another guy called me and asked me to invest in commodities and said we lost the trading because the market trick us! Bloody excuses! And they said want to do some recovery and didn’t even show me what is their plan for the recovery. Should learn from the beginning not to invest!

  • Dennis Keegan

    Every Broker will ask for documents because of anti money laundering laws.
    You can deposit $5,000 and withdrawal it as clean money – and they can’t allow it.

    As per the brokers usually they don’t manage accounts so if you lost your money
    it’s on you… BUT; Trading with $250 (means trading with 100% of your money)
    and it is the worst thing a trader can do… everybody knows that.

    If you think that you deposit 250 and make millions you you already lost your money.

    No one can trade with 100% if its money and WIN 100% of its trades.
    That’s why the ask you to deposit a 5K and risk 20% of it on trades.

    If you don’t understand that either educate yourself or don’t go into trading.

    As per this broker – honestly don’t know – never traded with them
    But most brokers are more or less the same since most SOFTWARE is the same SPOT OPTIONS, TECH FINANCIAL, TRADE SMARTER, TRADOLOGIC.
    If you want to make money in BINARY OPTION 250 is a drop in the bucket…

  • wenz

    i think they are also manipulating the trading platform… I noticed that when i select the call option and i am 98% expectation to maintain flow higher and higher but when the expiry period comes only a matter of second the flow suddenly goes down… Not only once twice or thrice but everytime i trade… So i lost my 250$… so sad… that’s why i think that the platform is manipulated.

  • Colin Clayton

    Coco did you get your money back,Sorry i did not answer sooner,been a bit busy.

  • Dan

    PLEASE AVOID AT
    ALL COSTS. I opened an account in July and to date have deposited £5k and have
    now lost the whole lot,The whole setup is an elaborate scam to con people out
    of money. In 6 months I have managed to get through 6 brokers and they all
    follow the same pattern. Ask for a deposit, give some tips on trades that you
    win, Give some more tips and also ask for more money to invest in a contract
    which will guarantee a win of big money. You lose money, they ask for more
    money to deposit. and so the pattern continues… You will never be able to
    withdraw any money. AVOID. If you complain, they will either change your broker
    or give you some tips to lose your money. The system also as mentioned below is
    being manipulating. Time after time you see the trade you have predicted change
    just before your time runs out, so you lose… happens all the time!

    Please avoid…

  • Good luck with that! Tens of thousands of people visit ScamBroker.com, and no one ever shares the reviews on Facebook or social media. They are probably too embarrassed to let their friends know they were scammed.

  • Gaetan Blais

    …Yeah…I had the same guy too..Tom Walker….I got $4.59 left in my account…I lost my initial 250$ deposit and another 1000 a week after joining. He called a few weeks ago…wanting more deposit. Good thing I,m constantly broke…..lol. Funny thing though…At the time of joining ,I had done some research for a license…and they were licensed through some kind of accredited body of government. And they were the third down the list of the most trusted option traders out there…according to the scam O meter of a reputable agency. Now I’ve open an account with High/Low broker. I just have to find the dough to start trading with them…They say you gotta pay to learn….isn’t that the truth…

  • Sharon

    Can anyone recommend on what to do if I want to get my money back? they are saying that all is bonus but I never agreed on such thing!!!!

  • Rocky

    I hate 23 traders!!!! Never believe any one of them and please please do not deposit any money in order to recuperate any losses because you will lose that too!!!