Fortrade Broker

Binary Book Review

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Binary Book is a confirmed Scam!

You should trade with a real broker, look here

Binary Book was an unlicensed binary options broker owned by Tech SB LTD. They are located at: Sofia Municipality, Vuzrazhdane Region 87 “Pirotska Str., fl. 4, app. office 12, Sofia 1000, Sofia District , Bulgaria. Their former corporate name was WSB Investment Ltd. Their phone number is +44 203 026 4498 and their email address is [email protected].

For withdrawal and broker complaints read this.

Platform Review

Binary Book uses the popular SpotOption trading platform that is used by over 100 binary option brokers. Their website is only available in English, Arabic & Turkish. The SpotOption platform offers Binary Options, Ladder Options, Speed Trading, 30 & 60 second options, along with Pairs Options, Weekly and Monthly options.

The platform also allows for CFD and Forex trading. The returns for $EUR/USD options is 81%.

Binary Book License

When you are researching a binary options broker, the first thing to check for is a license. The reason to use a licensed broker is so that you do not have problems withdrawing your money, or if you have a complaints about the broker, see complaints here.

We checked CySEC and did not see a license for Binary Book. This means they are NOT a Licensed Broker.

On October 26th 2015, FINRA published an investor alert regarding offshore binary options brokers. Read the alert on FINRA’s website here.

Compare Binary Book

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What was your experience trading with Binary Book? Please share your experience in the comment section below, for other traders to know.