BinaryOnline Review

BinaryOnline BrokersBinaryOnline is a new unlicensed broker, owned and operated by Zola LTD. They are located at 14 Tsar Osvoboditel Blvd., 1000 Sofia Bulgaria. Their phone numbers are: +44 203 026 5665 (United Kingdom) and +61 28 880 0196 (Australia). The email address is [email protected] and to see typical broker complaints you should read this.

WARNING: BinaryOnline does not officially accept Americans. If you are a US Citizen then you should trade with CFTC licensed broker Nadex.com.

Trading Systems Scam

Trading Signals Scam

WARNING: Most trading apps are really a scam! Go see how the scam works.

For automated trading software, everyone uses the one from Black Box Robot.

BinaryOnline Review

The trading platform you see at BinaryOnline is called the Panda Trading System. This software is becoming more and more popular and we are seeing more brokers choose it.

It is an easy to use software in which an investor can choose from a variety of assets to trade including; Forex, Commodities, Stocks and Market Index. The binary options available are the: Hyper Options (30 and 60 seconds, 2, 5, and 10 minute options), High / Low, One Touch and Range Options. They also have on their website social / copy trading.

Minimum deposit for an account is $250, and returns on options are between 60% and 85% depending on asset and time.

BinaryOnline Broker Review
BinaryOnline Broker Review

BinaryOnline Regulation

When the Scam Broker Investigator reviews a binary options broker to determine if they are a legitimate broker or just another scam broker, we look for a valid license. The brokers license can be from CySEC in Cyprus, ASIC in Australia or the CFTC in America.

BinaryOnline is not a licensed broker.

You should read the reviews of the licensed brokers, and also look at the most popular brokers here.

Compare BinaryOnline

Binary Capital Markets (read review) is a popular licensed broker using the SpotOption trading platform, see here.

24Option (read review) is licensed in Europe by CySEC, and they use a versatile trading platform, see here. They are a recommended broker at the popular OptionRobot.com.

Are you currently trading with BinaryOnline? Please write your opinion in the comments below.

Binary Online Brokers

BinaryOnline Review

BinaryOnline BrokersBinaryOnline is a new unlicensed broker, owned and operated by Zola LTD. They are located at 14 Tsar Osvoboditel Blvd., 1000 Sofia Bulgaria. Their phone numbers are: +44 203 026 5665 (United Kingdom) and +61 28 880 0196 (Australia). The email address is [email protected] and to see typical broker complaints you should read this.

WARNING: BinaryOnline does not officially accept Americans. If you are a US Citizen then you should trade with CFTC licensed broker Nadex.com.

Trading Systems Scam

Trading Signals Scam

WARNING: Most trading apps are really a scam! Go see how the scam works.

For automated trading software, everyone uses the one from Black Box Robot.

BinaryOnline Review

The trading platform you see at BinaryOnline is called the Panda Trading System. This software is becoming more and more popular and we are seeing more brokers choose it.

It is an easy to use software in which an investor can choose from a variety of assets to trade including; Forex, Commodities, Stocks and Market Index. The binary options available are the: Hyper Options (30 and 60 seconds, 2, 5, and 10 minute options), High / Low, One Touch and Range Options. They also have on their website social / copy trading.

Minimum deposit for an account is $250, and returns on options are between 60% and 85% depending on asset and time.

BinaryOnline Broker Review
BinaryOnline Broker Review

BinaryOnline Regulation

When the Scam Broker Investigator reviews a binary options broker to determine if they are a legitimate broker or just another scam broker, we look for a valid license. The brokers license can be from CySEC in Cyprus, ASIC in Australia or the CFTC in America.

BinaryOnline is not a licensed broker.

You should read the reviews of the licensed brokers, and also look at the most popular brokers here.

Compare BinaryOnline

Binary Capital Markets (read review) is a popular licensed broker using the SpotOption trading platform, see here.

24Option (read review) is licensed in Europe by CySEC, and they use a versatile trading platform, see here. They are a recommended broker at the popular OptionRobot.com.

Are you currently trading with BinaryOnline? Please write your opinion in the comments below.

Binary Online Brokers

Reviewed by Scam Broker Reviews
  • Beverly Plumb

    Hi – I opened my trading account yesterday and was going to finish off the sign up process with them, but I got so nervous about sending them my drivers license number, credit card information and a utility bill. Is that normal? Are they really a scam company?

    • You should only trade with a broker that has a license!!!!

    • Rachel Miler

      Hey Beverly, i can relate as i was thinking the same thing as you. But i realised that it was normal as they need docs to verify that you are not stealing the identity of anyone. Some brokers don’t even asked for these docs as long as they receive their money they don’t care from where it comes from. I believe that if binaryonline is asking you these details its a proof of its reliability. If you still have doubts i advise you to do as i did and go check its compliance regulations, you will find much information there. I hope this helps. Let me know how it goes.

    • Greg

      Hi Beverley, did you end up sending the documents and did it all work out?

    • Stanley Lam

      Hi Beverly, What eventually happened with the trading account? Did you give them all the documents?

  • Pera Tipene-Chadwick

    Hi with any Trading Platform does one NEED to use the Broker that they recommend? In this case I would like to use Aussie Method Signals auto system, and they use Binary Online Brokers I presume. Can one use any Broker of their choice and still use the Aussie Method Signals auto system? Can someone advise me. Thank you

  • Margaret Hird

    I would like to let you all know that I got totally sucked in by this platform. My fault as I should have done more research, but when I felt them applying more and more pressure after they lost my initial deposit I pulled the plug. I have asked for my funds back, but still they are calling me, asking me to fill out my bank information. I don’t think so!!! So, my way of dealing with fraud is reporting them, contacting my credit card company and let them do the dealing. Yes, it’s a hassle having to shred your card, and then have to wait for a new card, but just let the experts deal with it. This is an unregistered (unlicensed) broker and their terms and conditions even say they can’t deal with Canadians. But, they’ll take your money whoever you are. Be smarter than me. Don’t get sucked in. Not worth the hassle believe me.

  • [email protected]

    Do not get involved with this platform. Their robot is malfunctioning hence i lost all of my deposit in one month.

  • Amy Silas

    Hi, i have been trading with binaryonline since a few months and I like this trading platform. i dont like robots as they are not reliable, i think that if you are thinking of starting a trading journey at binaryonline or anywhere else you should not make use of robots. they are automated software and can bug at any moment. regarding my experience with binaryonline, i have nothing to say as like i said earlier i did not have any problems, i even generated profits which i’ve already use to repair my car.

  • Saiful Bahri

    Hi i am from Malaysia. Binaryonline is totally scam broker. Please avoid to make a deal or contact with them. Your initial trade usd250 can be lost in a month. Believe me..

  • Vitor Noite

    It is a scam avoid them at all cost, they will only keep your money. And they wont return or allow you to withdraw any amount.

    • Shaikh Shahid

      Vitor, I just got dragged in to binary online and deposited 250$. I was offered a 100% bonus if I deposit another 250$. So the bonus would be 500$. Well, after reading about them here, I have a strong feeling that my money is being trapped. Do you think i should withdraw the 250$ that i deposited initially?

      • Vitor Noite

        You shouldent accept.te bonus because then you will only be able to withdraw your money after a turnover of 300% or something like that, I deposited my money and I m tryng to withdraw it since last week and until it was declined

  • innovation66

    Hi Can anyone tell me what happens to the info they ask for compliance? I am worried as even though I did some research before filling the forms, , I didn’t see all this about binary online til after I sent my docs. I covered up important numbers, but they still have my address, DOB, passport number!! concerned now!

  • innovation66

    Hello does anyone know what they binary online do with the documents you send for compliance. I sent them before I found all the info on them that was so negative , so worried now what they might do with the info… any comments?