✔️ Information reviewed and updated in April 2024 by Pedro Martínez González
In this section we will tell you why You should NOT invest in BinsMarket. We analyze the website, also known as Binstrader, we 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...
A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about BinsMarket and we will tell you why we reached such a conclusion:
Basic Information
| 🌐 Website | binsmarkets.com |
| 🏠 Company | Veetta Fx Global Limited |
| ️ Regulatory | Not regulated |
| [email protected] | |
| 📈 Leading | BINSTTrader |
| 📌 Direction | Ajeltake Road, Ajeltake Island, Majuro, Marshall Island MH96960 Republic of the Marshall Islands |
⚠️ BinsMarket is owned by Veetta Fx Global Limited, the company is located in Marshall Islands, a potentially dangerous tax haven for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. ⚠️
Account types
Now we will analyze the types of accounts that BinsMarket offers, in this case, we observe that it offers 4 different types of accounts:
| Account type | Minimum initial deposit |
| Basic | $250 |
| Silver | $2,500 |
| Gold | $10,000 |
| black background | $25,000 |
Information on the web
BinsMarket provides a basic explanation about the financial products it offers, market news and analysis, economic calendar, asset calculator, live charts, really not much more than this.
List of phone numbers
- +52 55 4172 6262
🚫 Final evaluation of BinsMarket 🚫
Finally, and in a few words, our recommendation is: DO NOT INVEST WITH BinsMarket.
As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.
In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!
Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.
Updates
News about BinsMarket:
| Date | Update – news |
|---|---|
| - | No news at the moment |
Video about Binstrader
User Reviews
What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with .
At the end of the review you will find customer comments.
How to Claim Money scammed by BinsMarket
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 BinsMarket
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
How can I report BinsMarket?
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 BinsMarket a scam – is it a scam?
Yes. We believe that BinsMarket is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.
Is BinsMarket trustworthy?
No. BinsMarket is not reliable, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.
How to recover money from BinsMarket?
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.
Are there (recommended) alternatives to BinsMarket?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.
I was in the process of investing but first I started researching and found you where you report on this platform and thank you for the information
Hello Isidro, we are glad to know that you took the time to investigate, luckily you have saved yourself a lot of trouble.
Greetings.
Thanks for the information, they called me and I don't know how they got my number.
Hello Lucila, avoid contact with them, they will try to scam you.
Greetings.
Did it tell you if you were required to make a minimum deposit of $300 every three months (purchase order) so as not to be fined $500 quarterly as an inactive account or administrative expenses (terms and conditions: 2.1 and 5.5??, or will they close your account?
Hello Henry, they are specialists in deception. Thank you for commenting on BINSTrader. This broker is a SCAM. Do not send them money, they want to get as much money as possible from you with lies, the operations are not real, they do not put the money in the market, they only show it and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To recover your money, try our CHAT or in the FORM of this link: CLAIM YOUR MONEY, WE HELP YOU.
Greetings.
I assumed it, they call me every day trying to sign up for their platform, how lazy these “companies” are…
Hello Gerson, I'm glad you didn't invest!!! They are specialists in deception. Thank you for commenting on BINSTrader. This broker is a SCAM. Do not send them money, they want to get as much money as possible from you with lies, the operations are not real, they do not put the money in the market, they only show it and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To recover your money, try our CHAT or in the FORM of this link: CLAIM YOUR MONEY, WE HELP YOU.
Greetings.
and boy do they press. They support binsmarkets with what they earn from ctrader, there is nothing that guarantees reliability unless its registration in the Marshall Islands is considered.
This is what their page says:
The Client acknowledges that it fully understands the nature and risks of the Services and related trading products and the Client agrees that under no circumstances will any loss incurred as a result of the use of the Services be recoverable from BINSMarkets.
Veetta Fx Global Limited (hereinafter the "Company"), a company incorporated under the laws of the Republic of the Marshall Islands with registration number 112793 and with registered office at Ajeltake Road, Ajeltake Island, Majuro, Marshall Island MH96960 Republic of the Marshall Islands, licensed under company number 00112793 trading under its trading name BINSMarkets (www.binsmarkets.com) (hereinafter referred to as “Company”, “we”, “us” or “our”).
1.4. No Investment Advice: The Client hereby acknowledges that the Services do not include the provision of investment advice and/or the provision of personal recommendations in respect of one or more transactions relating to one or more instruments. Any information that may be provided is intended solely to assist the Client in making investment decisions and does not constitute investment advice. But they say that an expert will accompany you. I don't know if it's a scam but from what brokersrecomendados.com says it's better to avoid them.
Hello David, they are specialists in deception. Thank you for commenting on BINSTrader. This broker is a SCAM. Do not send them money, they want to get as much money as possible from you with lies, the operations are not real, they do not put the money in the market, they only show it and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To recover your money, try our CHAT or in the FORM of this link: CLAIM YOUR MONEY, WE HELP YOU.
Greetings.
I received a call from an advisor, the information was clear and everything was very professional
Hello Daniel, they are scam professionals, at first they try to gain your trust and then ask you for more and more money and in the end you will never get it back, be very careful.
Greetings.