BNRY is no longer in business. Do not open an account at BNRY.
Go here to find a licensed broker.
BNRY is a new binary options broker that opened on May 1st, 2015. BNRY is owned by K-DNA Financial Services LTD., located at 16 Sofouli Chanteclair Tower, Office 303, Lefkosia, Nicosia, Cyprus. Their phone number is: +44 203 695 3170.
When we reviewed the BNRY website we see that they are using a custom built binary option trading platform, as you can see in the screenshot below. They currently offer high low options and short term options in 1, 2, 3, & 6 minute time frames.
The minimum deposit for new traders is $500.
While there are many binary option brokers, the exciting thing about BNRY is their unique trading platform. When comparing and reviewing brokers, the main item that traders can compare is the rate of return offered on specific assets. Now traders can get a whole new trading experience with their trading platform.
Special Offers: BNRY has a loyalty points system for their traders, see here. Traders will accumulate points based on their trading volume. Those points can then be cashed in for prizes.
When the scam broker investigator reviews a binary options broker to determine if it is a scam broker or a legitimate binary options broker, we ask a simple question. Are they licensed and regulated by an EU financial regulator? We want to know if the FCA in England, the German BaFin or the CySEC in Cyprus gave them a license. Do they fall under the MiFID laws of financial institutions in Europe.
BNRY is owned by K-DNA Financial Services LTD which is a holder of CySEC license number 273/15.
While comparing and reviewing brokers, the first thing a trader should check for is a valid license from a regulatory agency. All regulated brokers are listed here.
BNRY does not accept traders from the United States. This is one of the rules of being a CySEC licensed broker.
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