Binarium Broker Review 

Binarium (official website: binarium.com) has been operating since 2012 as a binary options broker. While it presents itself as a legitimate and accessible trading platform, a closer look reveals that it is unregulated and widely considered a high-risk entity. Despite its promises of intuitive trading and fast profits, the company has raised numerous red flags — from regulatory warnings to user complaints about blocked withdrawals and manipulation. This review aims to critically assess Binarium’s legitimacy, drawing on verified user experiences, global regulatory data, and detailed market analysis.

Company Profile and Regulatory Status

Binarium operates under the name Binarium Limited, with claimed incorporation in both Cyprus and Saint Vincent and the Grenadines (SVG). While this might sound credible at first glance, both jurisdictions raise red flags:

• No Regulatory License: Despite its Cyprus address, Binarium is not licensed by CySEC, the region’s financial regulator. CySEC itself issued a warning against the company, noting its unauthorized status.
  
• SVG Incorporation Is Not Supervision: SVG’s Financial Services Authority does not supervise or license forex or binary options brokers. Thus, Binarium’s offshore registration provides no investor protection, audits, or transparency.
  
• Lack of oversight: Binarium is not listed in any Tier-1 regulatory registers (FCA UK, BaFin Germany, ASIC Australia, etc.).
  

Verdict: Binarium is an unlicensed offshore broker, operating in legal grey zones and evading financial oversight in all major jurisdictions.

User Complaints: The Pattern of Abuse

❗ Withdrawal Issues

The most consistent and alarming theme in customer feedback is non-payment of funds. Users who attempt to withdraw their earnings often face:

• Requests for “verification fees”
  
• Arbitrary turnover requirements
  
• Demands for further deposits before allowing withdrawal
  

In many cases, traders are locked into an endless cycle of demands, with no payout ever processed.

❗ Account Terminations Without Cause

Several users report account closures after successful trades. Common scenarios include:

• Sudden bans citing “suspicious activity”
  
• Loss of access to balance
  
• No communication from support afterward
  

One trader stated that after doubling their deposit, their account was deleted, and no explanation was ever given.

❗ Fake Charges and Phantom Fees

Binarium is also known to request payment of pre-withdrawal “fees”, such as:

• Processing taxes
  
• Compliance charges
  
• Insurance or anti-money laundering clearances
  

These are fabricated obstacles, meant to extort additional funds from users who are desperate to retrieve their money.

Trading Environment and Platform Concerns

Binarium offers a proprietary trading platform available via browser and mobile. While aesthetically user-friendly, critical issues undermine its legitimacy:

❗ Price Manipulation

Numerous traders allege that the platform displays artificial price movements, often diverging from real market data. Complaints include:

• Trades closing just outside the money in suspicious patterns
  
• “Slippage” that always favors the broker
  
• Charts that lag or freeze before a loss
  

Since the broker controls the data feed and execution, and is not subject to audit, price rigging is entirely plausible.

❗ Overly Simplified Mechanics

Binarium promotes binary options as “easy, fast money.” The platform encourages 60-second trades and high leverage without proper risk disclosures. There is little to no educational content, and tools like stop-losses or hedging are absent — all typical of boiler room trading operations.

Marketing Tactics and Client Acquisition

Binarium uses highly manipulative marketing techniques to attract unsuspecting users:

Affiliate Scams and “Fake Gurus”

Many victims report discovering Binarium through:

• Telegram groups offering “free signals”
  
• YouTube “success stories” showing fake profits
  
• Paid partnerships with self-proclaimed “trading experts”
  

These individuals often guide users through their first trades, show impressive fake results, and then disappear once a deposit is made.

Misleading Promotions

Binarium’s homepages and ads often feature:

• Unrealistic win rates (“Earn up to 90% in a minute!”)
  
• Welcome bonuses that lock funds
  
• Phrases like “Trading made easy,” “Safe and reliable,” and “Withdraw anytime” — none of which reflect reality.
  

Network of Mirror Sites

Binarium operates across a vast web of cloned domains, likely in an attempt to:

• Bypass government blacklists
  
• Target region-specific audiences
  
• Disguise previous bans or poor reputation
  

Examples of associated domains include:

• binarium.trade
  
• binarium.link
  
• binarium.global
  
• binarium.click
  
• binariumthailand.com
  
• binarium.market
  

The use of these “mirror” websites is a common strategy among scam networks to rebrand and re-approach new victims.

Regulatory Sanctions and Global Blacklists

Binarium has come under scrutiny from multiple financial regulators around the world. The Cyprus Securities and Exchange Commission (CySEC) has declared the company unauthorized to provide investment services, while Spain’s CNMV has issued an official warning regarding its activities. In Italy, the financial authority CONSOB has gone as far as to block access to Binarium’s websites. The Central Bank of Russia has listed the broker as operating illegally within its jurisdiction. Additionally, although Binarium claims ties to Saint Vincent and the Grenadines, the local Financial Services Authority (FSA) has made it clear that it does not supervise or regulate forex or binary options brokers.

Taken together, these regulatory actions underscore a clear consensus: Binarium is not legally permitted to offer financial services in any properly regulated market.

Real Victim Stories

Here are just a few real quotes from Binarium users:

❝ They asked me to deposit more to unlock withdrawals. I kept paying — $100, $300, $7500 — and every time, they demanded more. Total scam. ❞
— User Review, Otzovik

❝ I made a profit. The next day, my account was gone. Customer service blocked me. ❞
— Trustpilot Reviewer

❝ They said I needed to pay a $98 fee to process the withdrawal. I paid. They then said I had to pay another $177. I never got my money. ❞
— Victim Testimony, BrokerTribunal

Final Analysis: Should You Trust Binarium?

Absolutely not. Binarium checks every box of a binary options scam:

• No license
  
• Offshore registration
  
• Multiple blacklists
  
• Fraudulent marketing
  
• Fabricated fees
  
• Fake partners and misleading ads
  
• Consistent reports of theft
  

Whether you are a beginner or experienced trader, depositing money into Binarium is equivalent to handing your cash to fraudsters. They control the platform, the prices, and the withdrawal process — and they’re not accountable to any regulator.

Recommended Action If You’ve Been Scammed

If you’ve deposited funds and are now unable to retrieve them:

1. Contact your bank immediately and request a chargeback.
   
2. Collect all communications, screenshots, and payment receipts.
   
3. Report Binarium to your local financial watchdog (FCA, SEC, CNMV, etc.).
   
4. File a fraud complaint via your national cybercrime unit.
   
5. Leave honest reviews on Trustpilot, ForexPeaceArmy, and Reddit to warn others.
   

Alternatives to Binarium

If you’re serious about trading, consider working with a broker that is:

• Licensed by a Tier-1 regulator (FCA, ASIC, BaFin, etc.)
• Transparent about fees and withdrawals
• Offers real assets, not binary bets
• Has positive, verifiable client feedback

Platforms such as IG, eToro, or Pepperstone offer vastly superior security and legitimacy compared to unregulated binary options sites like Binarium.

Binarium is not a broker. It’s a trap. Stay away — and if you’ve been affected, speak out.