Review summary
Fx Binary Option is an entity established 5-10 years ago and registered in the United States, though WikiFX data flags its operational region as suspicious. According to the WikiFX assessment, the broker holds no valid, authoritative forex trading licenses, operating in an unregulated capacity. This lack of mainstream regulatory oversight presents a significant risk, as clients are not protected by standard financial safeguards or compensation schemes. The broker offers account plans with minimum deposits ranging from $500 to $5,000, with details on leverage and trading costs not explicitly listed. Furthermore, public exposure highlights significant and consistent issues regarding fund withdrawals, platform integrity, and client communication failures. The WikiFX comprehensive evaluation score for Fx Binary Option is 1.52, reflecting a severe deficiency across all operational and regulatory benchmarks. In summary, this is a high-risk entity that lacks credible financial oversight, evidenced by its extremely low score and substantial user complaints. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-05-03)
Nhlanhla Shumba
South Africa
I invested my money when I had to withdraw I was told to pay atm fee 5k and now I'm told to pay 5k for their parents company comission before I can get my profits. what should i do.
Exposure
Nhlanhla Shumba
South Africa
binary trading they can't release money before I pay them 5k for commission
Exposure
FX1553190923
Nigeria
Yea, I feel very gullible, but I was really just hoping to catch a break. I was lured in via a message on Fb that lead to a conversation on Whatsapp1(281)942-0013(shouldve known but its still so terrible). I was at least a bit cautious and only committed to their supposedly smallest account"Bronze" at $500. The guy "Jones" either British or Australian because he continually uses "Mate" did a very convincing job of assuring me that I would have full control of my account.
Exposure
FX1335383070
Netherlands
I have to say this FX Binary Option deserves zero stars. The only purpose is to steal your money and never! They have no hearts and humanity. Staff has already run away, cannot contact anyone.
Neutral
FX5944873722
Malaysia
They took my money away and disappeared. My account was blocked. Stay away.
Exposure
terongbiru
Malaysia
Beware of Charles Eduardo an 'account manager' who uses +15189959190 and his company binary24options they are a scam. This Eduardo with his company scammed my friend Mr Michael about $800. At first the Eduardo was using a company called 24options which also scammed Michael about $1000 then Charles promised to help him recover his loses with a new company called binary24options and he convinced him to invest $500. After days of trading Mr Michael was told to pay. $1300 as tax which he did not hav
Exposure
Victor Maduabuchi
Nigeria
I thought this platform was a reliable platform when my friend introduced it to me, I decided to try them out only to find out it's all a scam when deposited the sum of Seven Thousand Nigerian Naira(#7000). I sent a mail to the support but up till now no reply so I could not retrieve my money, they scammed me, please stay away.
Exposure