In Dec 2021, the Italian Consob ordered the blackout of Binarium‘s websites for Italian consumers. Spanish CNMV and Cyprus CySEC also warned against the broker scheme, which operates with boiler rooms located in Russia, Latvia, and Ukraine. Binarium stopped EEA residents’ registration and is focused on Eastern European markets. The scam works with Russian payment processors and cryptocurrencies. Stay far away!
Key data
| Brands | Binarium Binarlum |
| Domains | https://binarium.com, https://binarlum.com https://binarium.click, https://binarium.global, https://binarium.trade https://binarium.link, https://binariums.com https://binariumthailand.com |
| Social media | |
| Legal entity | Binarium Limited (Cyprus) Binarium Limited (SVG) |
| Headquarters | Moscow, Russia |
| Contact data | + 7 (499) 703 35 81 +357(22)052784 +44(203)6957705 |
| Jurisdictions | Russia Cyprus St. Vincent & The Grenadines Latvia, Ukraine |
| Payment processors | Sky Pay (Sky-Crypto), Itez, SticPay, WebMoney, Perfect Money, AstroPay, YooMoney, Monetix, FreeKassa (FKWallet), Piastrix Transferop Payment Gateway Ltd d/b/a PayoP |
| Warning | Consob, CNMV, CySEC |
The narrative
Binarium is actually a huge scam broker that has been operating for many years. Everything about it is fake. The address in Moscow is a virtual office address. We have not found any Binarium Limited in the directory of the Financial Services Authority in St. Vincent & The Grenadines. There is also no office at the given address in Nicosia. Nevertheless, Binarium is active with numerous domains in many countries.
The Spanish CNMV, the Italian Consob, and CySEC have issued warnings in the EU. Binarium has also been placed on warning lists in Russia and Ukraine. On Trustpilot, Binarium holds a 2-star rating with a corresponding “Poor” trust level. Just stay far away.
At Perfect Money, Binarium customers’ deposits are processed through the Canadian Transferop Payment Gateway Ltd d/b/a PayOp (see screenshot left).
Share information
If you have any information about Binarium, please share it with us via our whistleblower system, Whistle42.
