This review should serve as a warning against the binary options broker BinaryGoldTrade.
Binary Gold Trade is a binary options broker that claims to be regulated by the CySEC. The broker doesn’t provide any address or any other contact information, but a licence from the CySEC would mean that it based in Cyprus.
We also hear there are people who offer big returns if you trade with this broker, in the magnitude of hundreds of percent in one week.
Table of Contents
Binary Gold Trade scam
First of all, Binary Gold Trade is lying, it is not regulated, it has no authorization to provide investment services.
The broker very probably is not even based in Cyprus, it remains completely anonymous and it is not possible to find out who is really behind it.
Fake testimonials
Secondly, Binary Gold Trade is displaying fake testimonials on its website. See the proof on our picture.
These people have nothing to do with this broker, their photos have been stolen and misused.
No profits
And finally forget about free automated profits. Anybody promising they will make you money for free with Binary Gold Trade is a scammer.
The very likely scenario is that once you deposit money with this broker, you will never see it again.
Conclusion
Binary Gold Trade is a scam broker that you should stay far away from. It certainly is not regulated.
For trading, use regulated brokers and practice first on a free demo account.
Hi I have been scammed by Binary Gold trade, The broker is Profit Kenneth.
Transferred my Bitcoins and wanted to register on line, but the ite did not take my details, so he asked me for an additional $100 for key trade .