BinaryUno is an unlicensed binary options broker that is operated by UNO Media Solutions Limited. They are located at Global Gateway 8, Rue de la Perle, Province, Mahe Seychelles.
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BinaryUno offers traders the popular SpotOption trading platform. They offer Binary Options, Pairs Options, Long Term Options, Sixty Second, 1, 2, 3, & 5 Minute Options, One Touch Binary and Ladder Options. They have the iFollow trading feature for traders looking to follow the trades and signals of other traders.
Their returns on $EUR/USD binary options are 77% which is a bit lower than other brokers. Minimum trade size is $25, and the maximum trade size is $5,000. Minimum Deposit For New Accounts is $250, although their site says the min is $1,000.
BinaryUno No License
When we review brokers to see if they are a scam or legitimate, the one thing we look for is, are they licensed and regulated by CySEC in Cyprus? Do they fall under the MiFID regulatory rules in the European Union (EU)? Are they registered with the FCA in the United Kingdom?
Binary Uno does not have a license!
“ASIC urges all investors considering trading in binary options to check they are dealing with an entity that holds an Australian financial services licence.”
Smart binary option investors will only use a licensed broker, you can go see the complete list here.
Trading binary options can be done at a variety of brokers, both licensed and unregulated. You should take a few minutes to see the popular brokers look here.
Many investors who to use an automated trading software choose one of these.
What has been your trading experience with BinaryUno? Do you have any complaints? Please share your experience in the comments section below.