Binarytrademax.com Review Is BINARYTRADEMAX Legit Or A Scam

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Good for Beginners!
    Free Education + Free Demo Account!
    Get Your Sign-Up Bonus Now!

  • Binomo
    Binomo

    Only For Experienced Traders!

Binarytrademax.com Review: Is BINARYTRADEMAX Legit Or A Scam?

BINARYTRADEMAX Review: this is the name of an investment company that does not disclose its location. Is Binarytrademax.com a scam or is it safe? There are many fake investment companies in the market today. Ensure you read this review before investing your funds.

When reviewing a company, we first find out its location and check online with the commission regulating trade in the area. But for BINARYTRADEMAX there is no mention of a location. The closest we come to finding out this detail is an unclear Google map. This is not an oversight or honest mistake, rather a tactic common among scam brokers.

HAVE YOU BEEN SCAMMED? If you have lost your money to online scammers, there is an opportunity you could get back your money.

Click HERE to start the recovery process

Because they lack proper licensing and regulation, they withhold their location or address to sabotage plans of checking with the regulatory commission. We want readers to be aware of this tactic and not fall prey due to ignorance.

Advantages of BINARYTRADEMAX

BINARYTRADEMAX like the name insinuates claims to be a binary option trading company. They claim that their technology is “revolutionizing the financial services industry”. This is achieved by empowering millions across the globe to trade and invest in bitcoin and avoid the common intermediary costs.

It is common for Binary Options brokers to start out with claims of making clients richer. This is because everyone seeking out easier ways to trade effectively does so to make more profit.

However, traders need to be careful about believing everything they encounter in the business sphere. Some are geared to just deceive and steal their funds. Considering what is offered and proofs are effective means of discovering fraud as well as reading our reviews and comparing the offers to those of other legit brokers at the bottom of this article.

They also mention that they have top security protocols, fast and instant withdrawals and simplicity. The simplicity is that all clients need to do is invest funds while the company trades it for them and give them profit.

BINARYTRADEMAX Trading Platform

We find no mention of the kind of trading platform offered by BINARYTRADEMAX but we advise readers and traders to always look out for the MT4 or MT5 platforms. The MetaTrader platforms are commonly used because they allow the use of trading robots.

Legit brokers are known to offer at least the popular MetaTrader 4 or 5 trading platform.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Good for Beginners!
    Free Education + Free Demo Account!
    Get Your Sign-Up Bonus Now!

  • Binomo
    Binomo

    Only For Experienced Traders!

These platforms are very good signs as they have become some of the most widely used by experienced traders. They are found to be compatible with various devices’ operating system. All can be used on desktops, Linus, windows, iOS and Android.

Tools that comes with these trading platforms are also found to be useful for traders. It has proven to be user friendly as well and helps traders in analyzing the market easily.

Trading instruments offered to traders are likely to be cryptocurrencies as they are the only trading assets mentioned on the page. We know that legit brokers offer currency pairs, indices, CFDs on many commodities and cryptocurrencies. It is important to let traders know the options open to them.

Maximum leverage offered to clients is not mention and while some may seem generous, it poses danger. High leverages can lead to huge loss of funds as well. Spreads are not disclosed on the EURUSD pairs.

Spreads of 1.5 pips or below are what is obtainable in the forex industry and traders are asked to look out for this. Leverages of between 1:30, 1:50 and 1:25 are also common among regulated brokers.

Deposit and Withdrawal methods on BINARYTRADEMAX

In order to make payments or withdrawals with this brokers, clients should use: Bank wire, Western Union, MoneyGram, Bitcoin. There is no mention of e-wallets and we it this discouraging.

This is because standard and legit brokers make deposit and withdrawals available via Visa, MasterCard and Wire Transfer. Many offer e-wallets like: Skrill, Neteller, UnionPay, FasaPay, and so on.

Minimum deposit required is not disclosed. We are aware that the common average among brokers is $100 – $250 but brokers are advised to make this known on their website. Withdrawal fees are not disclosed and we prefer the broker to mention if they apply or not.

This information is important so that clients can invest any little amount they can spare. In order to be able to first watch the working of the brokerage. If then they are satisfied with what they see, they can determine when to withdraw their money.

Trading Bonus and Profits

The company offers traders 3 types of investment plans and they all give profits weekly. One gives 30%, another 50% and there is a 90% profit plan. All these gains seem unrealistic as Binary options trading is very unpredictable and no one can be assured of making 90% of investments every week.

Is BINARYTRADEMAX Licensed?

No. We have explained in the beginning of this review how we check for the registration and licensing of companies. BINARYTRADEMAX does not allow us check this as it hides its location, thereby making us conclude that it is not a registered company. It is dangerous to invest in companies that are not under any authority as they may misappropriate people’s funds.

Regulated Forex brokers in Europe, America, Africa, Australia, and Asia are under many strict rules. The regulatory bodies like the FCA, FSCA, CySEC, AISC, NFA and many others have regulations protecting Forex traders from unfair brokers. This is why they come top as recommended Forex brokers.

Support

There is no information on how interested clients are to contact the company or get in touch with the customer care representative.

Conclusion

We find no legit registration for BINARYTRADEMAX and this is discouraging. Many important details are left out and we do not advise traders to invest with this kind of shady company. If you have anything to add to this review, use the comment section.

COMPARE WITH A TRUSTED BROKER

Fortrade

Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK well as ASIC in Australia which makes client funds safe. They accept traders worldwide.. visit their official website

Checking your browser before accessing scamrecovery.net.

This process is automatic. Your browser will redirect to your requested content shortly.

Binarytrademax.com Review

Check if Binarytrademax.com is a scam or legit

The website seems safe according to this report:

Unknown/Not Yet Rated

Not Blacklisted (0/9)

Very Low Website Traffic

7 Months Ago (2020-09-06)

Valid HTTPS Found

Query the WHOIS database

Tips to Spot Online Scams

View Comments

Website Name Binarytrademax.com
WOT Trust Rating
Site Blacklist Status
Website Traffic Rank
Domain Creation Date
Secure Connection
Domain WHOIS Records
Additional Checks
User Comments

Check Binarytrademax.com rating according to WOT:

The website has not yet been rated on Web of Trust.

WOT is a popular browser plugin used by thousands of users to rate online shops and websites.

If the website has a poor WOT trust rating it means someone had a bad experience.

Personally I may not buy goods from a website that has a poor rating.

If your website has a poor rating, ask WOT for a site review.

Check if Binarytrademax.com is detected by services like Google SafeBrowsing.

We use multiple trusted sources to know if the website is classified as malicious/scam.

I would personally avoid to buy products from a site that is blacklisted.

Click the “Read More. ” link to read more details.

Not Found

Not Found

Not Found

Not Found

Not Found

Not Found

Not Found

Not Found

Not Found

Service Result Details
BitDefender Read More.
DNS-BH Read More.
GoogleSafeBrowsing Read More.
Spam404 Read More.
SpamhausDBL Read More.
SURBL Read More.
ThreatLog Read More.
URLhaus Read More.
URLVir Read More.

Check Binarytrademax.com domain creation date:

The domain name was created 7 months ago.

A shopping website created less than 4 months ago is too new and potentially suspicious.

If a domain name is too “young” we may have not enough details to judge it.

I would not buy goods from an online shop created a few months ago.

Check if Binarytrademax.com is using HTTPS:

The website is using a valid HTTPS connection.

A secure HTTPS connection encrypts all data sent between you and the remote website.

An online shop that has to handle personal information and payments MUST use an HTTPS connection.

Personally I would NEVER buy something from a site that doesn’t use HTTPS.

It is fine for non e-commerce websites to not use HTTPS.

Check Binarytrademax.com Alexa traffic rank:

The website should have low traffic or none at all.

The website has a traffic rank of #0 among millions of other sites according to Alexa data.

Alexa is a popular web service known to rank websites by their estimated popularity.

Websites with a rank of less than 500.000 should have a lot of traffic, a low rank means good traffic.

In case Alexa has not enough data for a website, the rank will be 0.

The rank is not 100% correct, take this in mind.

Useful tips to avoid online scams:

    I avoid domains that end with .TOP, .CLUB, .ONLINE, .CO, .CC Check the complete WHOIS records to find domain information The website MUST show valid company details like name, street, VAT The “Contacts” page should show also an email address or telephone and NOT just a form Check if the website is a certified site by McAfee SECURE I personally avoid online shops that use free emails (e.g. gmail, hotmail) Beware when a website sells all products with high discounts (e.g. 70% or 90%) Popular brands like Nike, Rayban, Pandora cannot have too low prices Every online shopping website MUST use a secure HTTPS connection If the website shows trust seals like McAfee SECURE or Verisign they MUST be clickable A legit shopping site should have a Facebook or Instagram profile

Write useful and informative comments including proofs.

We will delete comments that don’t show proofs.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Good for Beginners!
    Free Education + Free Demo Account!
    Get Your Sign-Up Bonus Now!

  • Binomo
    Binomo

    Only For Experienced Traders!

Like this post? Please share to your friends:
Binary Options Trading
Leave a Reply

;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: