BEWARE OF the Binary Trading Club – review

Binary Trading Club websiteBinary Trading Club is connected to scams, therefore you should avoid any interaction with it.

Binary Trading Club is supposed to by an online community that provides education, trading signals and even managed accounts.

Should you trust it?

Binary Trading Club scam

There are several red flags that make Binary Trading Club a really bad option for trading.

Scam signals

Trading signalsThe first thing we noticed is that Binary Trading Club recommends scam trading signals services such as Option Robot.

These are proven scams with fake demo accounts, people have lost a lot of money with these signals.

Unregulated broker

Unregulated brokerAnother problem is that Binary Trading Club is recommends you to open a trading account with an unregulated broker like Expert Option.

Unregulated brokers often are pure scams that don’t let their clients withdraw any money. In any case deposits are not protected in any way with unregulated companies.

Illegal service

Binary Trading Club also offers managed accounts. Their so-called experts will trade your account for you. But not only you don’t know who those alleged experts are, Binary Trading Club is not even allowed to offer such services.

Managed accounts is a regulated service, you need a licence from a regulator to be allowed to offer them. Binary Trading Club is not regulated, so it is offering illegal managed accounts.

Conclusion

Binary Trading Club is an illegal investment service connected to proven scams, stay away from it!

If you want to do financial trading, start on a free demo with a regulated broker and learn.

You need to build a profitable strategy before you can invest real money.

Summary
Review Date
Reviewed Item
Binary Trading Club
Author Rating
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