Wynn Finance was a binary options broker that opened in 2016. Wynn Finance is owned by Waterfall Partners Ltd., with an address at 64 Paul Street, Ground Floor Right, London, EC2A 4NG, United Kingdom. Their email address is [email protected].
This Broker is Out of Business! Traders with complaints and withdrawal problems should read this.
Wynn Finance Review
Wynn Finance gives traders the new trading platform from Panda. Their trading software has around 100 of the most highly traded assets. The returns on High/Low options are typically 81%, and they also offer One Touch and Range Options. Hyper Options are made for high speed / high frequency trading and time frames are: 30 seconds, 60 seconds, 2 min, 5 min & 10 minute options.
Account Types at Wynn Finance show the smallest account type requires a minimum deposit of $500. That is much higher than the other brokers where you can start with $100.
Scam Trading Software
Warning: If auto trading software connected you to Wynn, you can’t use that account. They will consider it abuse, and cancel your account.
According to the terms and conditions, section 19
Automatic trading mechanisms, including external execution systems, non-authorized Automatic and semi automatic trading mechanisms integrated by a trader are considered to be abuse.
A popular feature that Wynn Finance includes in their Panda trading software is Copy Trades. May people nowadays are not interested in doing research or watching the markets looking for a trade opportunity, and instead they just use the copy / follow feature, and hope that someone else is making a smart trading decision.
Wynn Finance License Check
No, Wynn Finance is not a licensed broker, for an updated list of licensed brokers, see here.
When the Scam Broker Investigator reviews a binary options broker to see if they are a scam or legitimate broker, one of the things we look for is a license. There are many licensed brokers who are regulated by ASIC, CySEC, or the CFTC.
American Citizens are officially (according to their terms and conditions page) not allowed to open an account. The SEC has an investor alert regarding scam binary options trading, read entire alert on the SEC website.
If you are trading with Wynn Finance, we would like to hear about your experience. Please share your feedback in the comments section.