In this section we will analyze the broker Binatrex (also called binatrex.com), is a CFD broker. Is Binatrex really recommended to make an investment? Or is it better not to invest with this company? Is it a safe broker? Is a gotcha? We will help you determine it.
You might be wondering why we did a review on Binatrex. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, providing key information about the company, we disclose information that every investor should know before leaning or not, for Invest with an investment company.
We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
The broker mentions being part of: does not mention it.
As to its location, The broker mentions being based in: supposedly the United States, Japan, the United Kingdom and Singapore but we believe that they are not really based there, since we could not find the regulation of the United Kingdom, nor that of the United States, nor the regulations of the rest of the countries where they mention having a base, which they should have if they really have a base there.
If we analyze the regulation of the broker: it does not mention anything about being a regulated broker, so we believe that it is an unregulated broker.
If now we go on to analyze account types offered by Binatrex, we note that they do not really provide information about having different plans or types of account.
The platforms to operate that Binatrex offers are: BINX 3.5 platform.
We will now analyze the different resources and aids for traders that Binatrex provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.
Binatrex provides the following aids or resources to traders or interested parties: some live charts, explanation of some basics of the world of investments, not much else really.
| Other information about binatrex |
Some more information in case you want to contact the company, or see its website for yourself.
Phone number+1 909 734 1579
>>> Assessment on binatrex <<
Ending with this section, in our opinion Do we believe that the Binatrex company is reliable? Should you invest your money with the company?
The truth is that, we believe that it is better to be careful because: it is an unregulated broker, it is not clear where it is based, when looking for reviews about Binatrex we really could not find any, which makes us think that it is a company " new". We suggest using caution.
We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest?
You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.