✔️ Information reviewed and updated in July 2024 by Pedro Martínez González

In this section we will tell you if we consider that the company Binastona is a safe company or an unreliable company. Read our full analysis to find out everything!

We analyze the website, observe every detail and examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation...

Below we will show you essential information about Binastona and we will tell you why we reached such a conclusion:

Basic Information

🌐 Websitebinastone.com
🏠 CompanyUnmentioned
RegulatoryNot regulated
📧 Email[email protected]
📈 PlataformOwn platform
📌 Address64 Thornton StHURSLEYSO21 1NS (false)
🕑 Website ageWebsite registered on: November 21, 2022
Company typeForeign Exchange Broker, Agriculture, Oil and Gas, Real Estate, Retirement and Insurance Services, Gold

Company: Binastona does not mention which company it belongs to.

Location: Binatona mentions being located in the United Kingdom, however this is false information.

We can already tell you that we are concerned about several characteristics of this company.

What is Binastone?

After having carried out an analysis of the company's website, we can say that Binastona is a Forex, Agriculture, Oil and Gas, Real Estate, Retirement and Insurance Services, Gold broker..

Account types

The platform offers 3 different accounts to carry out operations:

Information on the web

binastone website

Here we show you a screenshot of the Binastona website, which is binastona.com. The capture was made in JANUARY 2024.

Contact: phone numbers and email

– We have found the following phone number: +443385985959

– We have found the following email: [email protected]

Binastone Regulation

We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion:

The broker presents us with a very worrying situation; he mentions absolutely nothing about regulating it. What does this make us think? We are talking about an unregulated broker. What does it mean? This means that the broker's clients and all their money are without any type of protection. That is to say, if the broker has bad intentions, most likely you will not be able to do anything to recover your money. Please be very careful with these types of companies. Think carefully before sending money, you are sending it to a company without any type of regulation or protection!

🚫 Final assessment of Binastone 🚫

Let's delve into the world of Binastona, a fund manager that seems to have some red lights and presents some fundamental concerns.

First of all, the actual location of Binastona remains a mystery. The lack of transparency about where they physically operate casts doubt on the credibility of the fund manager. Although the website mentions a UK address (64 Thornton StHURSLEYSO21 1NS), investigation reveals that this is not associated with any legitimate company. This raises serious questions about the authenticity of Binastona's operations.

Although the website claims its roots date back to 2007, during the beginnings of the revolution that led to the rise of Bitcoin, the lack of specific details about its history and investment strategies may lead to uncertainty. Furthermore, the claim to be a company focused on the future and transforming opportunities may sound vague and does not offer a clear understanding of how the fund manager approaches investments.

The fact that the website is relatively new, registered on November 21, 2022, is an additional risk factor. A lack of track record can make it difficult to assess the fund manager's reliability and stability over time.

The lack of regulation is another critical aspect. Regulation provides an essential safety net for investors, and the absence of it leaves investors unprotected and without recourse in the event of problems. The FCA's warning is conclusive: Binastona is not authorized to operate.

In short, the lack of transparency on the location, the fact that it is a relatively new website, the vagueness in the company description and the FCA complaint are reasons enough to approach Binastona with extreme caution. My recommendation would be to avoid this fund manager and look for more reliable and regulated options in the vast world of investments. Protect your money and choose wisely. Invest with caution and responsibility!

Updates

News about Binastone:

Date Update – news
January 2024Complaint against Binastona financial regulator FCA

We note that the company already has complaints from financial regulators. Please be very careful!

User Reviews

[democracy id = ”9257 ″]

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with Binastona.

At the end of the review you will find customer comments.


How to Claim Money Scammed by Binastona

If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.

How to Report Binastona

If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.

FAQs

Are there (recommended) alternatives to Binastona?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

How can I report Binastona?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is Binastone reliable?

No, Binastona is not reliable at all. With lack of registered location, fake addresses, lack of regulation, very negative rating, recurring problems with withdrawals of funds and reporting by the FCA, it is advisable to avoid this platform. Look for more transparent and secure options to protect your investment. Invest with extreme caution and choose platforms with proven financial integrity!

How to recover money from Binastona?

If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

2 comments on «Binastone: OPINION AND COMMENTS – IS IT A SCAM?»

  1. Maykel Villa Reply

    This company is not trustworthy. I assure you, I'm still trying to withdraw and I can't, don't do it, you'll thank me later. Greetings.

    • Recommended-brokers.com Reply

      Hello Maykel Villa, thank you for writing about Binastona. Currently this broker is considered a SCAM.

      If you are a client, do not invest more money, their only objective is to steal from you, they manipulate operations manually and keep the money from the moment it reaches their accounts, it never enters the market, everything is prepared so that they make you lose your money to have the excuse of keeping it.

      If you decide to withdraw and they ask you for a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it!, that is the alert, from that moment you have to know that you are a client of a scam broker and even if you pay they will never return it to you.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or fill out the form in this link: CLAIM YOUR MONEY

      Greetings.

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