Fortrade Broker

NRGBinary Broker Review

NRGBinary is CLOSED & OUT OF BUSINESS!

Real people only trade with a licensed broker, see here.

nrgbinary option broker review

NRGBinary was a binary options broker owned and operated by Ultra Solutions, Anguilla. Their UK phone number is: +44 203 608 0111.

While reviewing NRG’s trading platform we see that they are still using the old SpotOption trading platform. NRGBinary has a minimum deposit amount of $350. See over 70 different robots and trading systems here.

What we look for in binary option brokers to determine if they are a legit broker or a scam broker is very simple. Are the licensed and regulated by CySEC in Cyprus? Do they fall under the MIFId regulatory rules in the European Union (EU)? Does the ASIC (Australian Securities and Investments Commission) or the Finanstilsynet (The Danish FSA) include them in their list? Are they FSA registered in the United Kingdom?

NRG Binary Scam

We asked them back in 2014, if you they are going to get a license from CySEC. They told us that have they applied to CySEC, but we haven’t heard anything more. NRGBinary is still not a licensed broker. When choosing a binary option broker it is important to check the list of regulated binary option brokers to see if the broker you would like to open an account with is regulated by a government regulatory agency. So is NRGBinary a legitimate binary option broker and not another scam broker?

It looks like they join the ranks of being a scam broker.