Binary Brokerz Review

Binary Brokerz is no longer taking new clients.

Go visit the regulated broker Opteck.com.

Binary Brokerz Review Binary Brokerz was a binary options broker that opened in 2015. They are owned by DSMG Ltd, located at Victory House 205, Archbishop Makarios Avenue, Limassol, Cyprus. They can be reached by phone in South Africa at: +27 10 500 6923.

Their email address is [email protected], for common broker complaints, read this.

Scam Trading Robots

Trading Signals Scam

WARNING: If you plan on using an auto trading system, first read the problems with robots.

The most popular auto trading software today can be found here.

Platform Review

Binary Brokerz uses the TraderSoft Binary Option trading platform. The trading platform offers high low options is time frames of 60 seconds and 15 minutes.

Additionally they offer Range Options, Touch Options, No Touch Options, Above / Below Options and Ladder Options. As with other brokers using the TradeSmarter platform, Facebook users can sign up for a binary options trading account with one click!

Binary Brokerz has a mobile optimized website so that traders do not need to download an app, they can trade directly on the website. Their trading platform is available in the following languages: English, Deutsch, Español, Français, 日本語, 한국어, Português, Русский, 简体中文, العربية, Svenska, Magyar.

The minimum deposit is $250. Minimum trade size is $25, and there is no maximum.

BinaryBrokerz Free Trading SignalsBinary Brokerz License

When the Scam Broker Investigator reviews binary option brokers to determine if they are a legit broker or a scam broker we use a simple test. Does the broker have a license from CySEC and do they fall under the MIFId regulatory rules in the European Union (EU)? Binary Brokerz does not accept traders from the United States.

BinaryBrokerz does not have a license.

Traders looking for a licensed broker should choose one of the regulated brokers or see who the most popular brokers are here.

Compare Binary Brokerz

StockPair (read review) is a unique broker, with a one of a kind trading system, see here. They are also very popular with people using the automated trading system from OptionRobot.com.

Prestige Option (read review) is a CySEC licensed broker that uses the same trading platform as Binary Brokerz, see here.

Start Trading Binary Brokerz

Binary Brokerz Review

Binary Brokerz is no longer taking new clients.

Go visit the regulated broker Opteck.com.

Binary Brokerz Review Binary Brokerz was a binary options broker that opened in 2015. They are owned by DSMG Ltd, located at Victory House 205, Archbishop Makarios Avenue, Limassol, Cyprus. They can be reached by phone in South Africa at: +27 10 500 6923.

Their email address is [email protected], for common broker complaints, read this.

Scam Trading Robots

Trading Signals Scam

WARNING: If you plan on using an auto trading system, first read the problems with robots.

The most popular auto trading software today can be found here.

Platform Review

Binary Brokerz uses the TraderSoft Binary Option trading platform. The trading platform offers high low options is time frames of 60 seconds and 15 minutes.

Additionally they offer Range Options, Touch Options, No Touch Options, Above / Below Options and Ladder Options. As with other brokers using the TradeSmarter platform, Facebook users can sign up for a binary options trading account with one click!

Binary Brokerz has a mobile optimized website so that traders do not need to download an app, they can trade directly on the website. Their trading platform is available in the following languages: English, Deutsch, Español, Français, 日本語, 한국어, Português, Русский, 简体中文, العربية, Svenska, Magyar.

The minimum deposit is $250. Minimum trade size is $25, and there is no maximum.

BinaryBrokerz Free Trading SignalsBinary Brokerz License

When the Scam Broker Investigator reviews binary option brokers to determine if they are a legit broker or a scam broker we use a simple test. Does the broker have a license from CySEC and do they fall under the MIFId regulatory rules in the European Union (EU)? Binary Brokerz does not accept traders from the United States.

BinaryBrokerz does not have a license.

Traders looking for a licensed broker should choose one of the regulated brokers or see who the most popular brokers are here.

Compare Binary Brokerz

StockPair (read review) is a unique broker, with a one of a kind trading system, see here. They are also very popular with people using the automated trading system from OptionRobot.com.

Prestige Option (read review) is a CySEC licensed broker that uses the same trading platform as Binary Brokerz, see here.

Start Trading Binary Brokerz

Reviewed by Scam Broker Reviews
  • David Goldstein

    Hello Dion and thank you for your feedback. We want to investigate your case promptly to resolve all your issues as well as improve our service. In order to do that, we will need you to contact support and provide the full name and email address associated with the account. We appreciate your patience and understanding. The Binary Brokerz Support Team.

    • Dion

      Please read the above

      • WhosUrDaddy

        have you ever used trendexpert or codefibo?

    • Csaba

      i have the same problem

  • WhosUrDaddy

    did ur withdraw go through?

    • Dion

      Yes it did around 4 months later. If you want to withdraw any money you need to allow plenty of time. Now during this time you will need to contact them daily for them to tell you it’s being processed. Giving you false hope. Then you need to be prepared for phone calls at all hours of the night/day by a different salesman (broker) telling you that you have done without this money for this long you obviously don’t need it. You need to be very firm with these people that call don’t raise you voice and speak calmly otherwise you get verbally abused. You will then need to jump on every review website and leave negative comments(this is the only place they will respond to you). Then it’s crap what they write here anyway.
      While this is going on you need to advise your bank that they are not refunding your money and spend 2 hours copying emails, screenshots etc as evidence to your bank.
      If you have spare cash you don’t need in a hurry these are your guys. I personally will never ever as so much open an email from them.

      More than happy to answer anybody’s questions truthfully.

  • Csaba

    I have the same problem. I’m waiting for my withdrawal for like 2 weeks now. When they call me they saying there is a good opportunity to take trade and they will call you back, than nothing happans fro days, ridiculous.

    • Dion

      You wait much longer yet.
      There will be a lot more calls from many different people.

  • Joseph

    Surprise, surprise, these scammers are not fulfilling my withdrawal request, too. This has been going on for over 3 months now. And to confirm what Dion posted, their so called senior analyst, Nicholas Cavillieri, has been trying to convince me to keep trading in the hope that I would lose my money, which I have flat out refused and insisted on my withdrawal. Be warned, they are not regulated so they are pretty much doing whatever they want with withdrawal requests. I have contacted my credit card companies for a charge back refund of my initial investment although I have earned more money on my trading account. Steer clear of this scam company. Joseph

    • Csaba

      Hi,
      That Nicholas did the same to me,and unfortunately convinced me and i lost all my money on the account. what did your credit card company said. They refund it? I need to try too.

  • Jackie

    After many weeks of being messed about, my son is still waiting to get his money returned. Now Binary Brokerz has said that he will get his money back if he responds to two emails. BUT the emails actually contain a form to complete which says that he has to complete all ‘turnover requirements’ before his money can be returned. They are also asking for account verification (drivers licence details, etc) knowing full well he doesn’t want to continue. He wants his money back as he made a mistake signing up with them thinking it was a different type of organisation.

    Rather than simply refund his money, they are actually asking him to ‘formalise’ his account. The forms sent are crude and have typos. To what intent and purpose do they want him to formalise an account at this stage? A legit company would have done this prior to taking his money and certainly not at this stage. Binary Brokerz know he doesn’t want the account. He wants his money back.

    They are messing him about by asking him to verify. They don’t have any contract with him, so his money isn’t theirs. It should be returned.

    By the look of the responses below and the emails sent to my son, this company is not legit. We will be taking this further to do all we can to get his money returned and to ensure that others don’t make the same mistake.

  • carlo

    I placed a withdrawal request over 10 days ago and all I get is different account managers contacting telling me they will look into my request, they promote that a withdrawal is simple and easy but when it comes down to it this not the actual case, unfortunately for them I had intentions of investing a lot more than $5k but they proved they are not true to what the promote they will do for u even after I told them in the beginning that I would invest more. Justin grey was my account manager and all he did was ignore my emails. After reading up opn a few different reviews Justin grey has done the same to other people

    • Claudia Carrillo

      The same has happened to me,my account is confirmed and They are not answering my emails.
      I invested more that $8,000 USD

  • carlo

    I requested a withdrawal 10 Days ago an all I get is we will look into your account and call u back in an hr. That was a week ago, I get different account managers calling me and all that’s happening is im having the same conversation about my withdrawal request and getting no result ,

  • Csaba

    Is there a chance i can get my money back what i lost? Obviously they are scam and there must be a way.

  • Hopsis125

    A BIG scam! They ignore my mails and PayPal invoices for a refund and demand that I put in public domain personal details (same as Marcello below) such as ID document, copies of front and back of my credit card, copy of my signature etc. When I made the deposit they accepted all secure personal details linked to my credit card and NEVER refused the acceptance of my funds or told me that they will not refund me if I do not submit all the aforementioned private information. It was only later on that I was notified about heir requirements. I queried this as they said it was required due to “international legal requirements”. I requested a copy of such and I was told that they do not have time to send it to me. I had intentions to invest much more but I was warned by my bank to investigate their credentials first. That was good advice! I see one can submit complaints to the Cyprus brokerage authority in cases such as this where unlicensed trading is taking place… I did not see any undertaking by that authority that my funds will be recovered by them and I will be refunded. Maybe that is the way to go!

  • Sue King

    I was railroaded by Michael Shaw to put up $2,500US which was withdrawn in a matter of minutes
    and have been trying to get my money back since March 2015. They won’t reply to my emails anymore the last email said that my withdrawal request had been processed and released, that was 25.10.16, I’m still waiting. They got all my ID as well but i advised the bank and got a new Credit card and notified ACORN in Australia. Can the police in UK do anything i am going to try. i also had Nicholas Cavillieri, trying to convince me to keep trading in the hope that I would lose my money, which I have flat out refused and insisted on my withdrawal.

  • Csaba

    I just had a call from Drew Evans, he said he is the manager and he can help me to get my money back. I just need to put $2,500US on my account. Really? They still try to make me loose more money. unbelievable.

  • Mddlr

    Dont listen to Binary Brokerz rep, this company is 100% scam artists. I managed to get my deposit back as I said I would only trade more once I have tested their withdrawals. After that when I won my trades I asked for withdrawal and never got it. Dont trust them, avoid like the plague or Nicholas and his cronies will 100% scam you.

  • Mddlr

    100% scam artists, listen to what people are saying, dont let them scam you too. Nicholas Cavalieri is a company director who poses as a specialist advisor, hes a scam merchant.

  • Claudia

    I also got a call from Drew Evans saying that if I don’t do more trades I will never get my money back I have in the account $22000 They are definately scammers this is not their money. From the beggining I told them this money will be used for my child with special needs. They sAID I will have no problems withdrawing the money and now they said I will not get it back the money is sitting in the account,,,,,,