Sunday, December 22, 2024

Attention! Stay away from Russian Cypriot broker Binarium!

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The unregulated broker Binarium uses various domains such as www.binarium.com, www.binarium.click, or www.binarium.trading. The operator is Binarium Limited, registered in Cyprus since 2013 with Company Number HE321566. As payment processors, we found the licensed Estonian Itez, SticPay, and the Russian WebMoney and Perfect Money via PayOp. Besides that, you can also deposit directly with cryptocurrencies. The Italian regulator Consob recently issued an investor warning against Binarium. Stay far away.

Key data

BrandBinarium
Domainswww.binarium.com, www.binarium.click,
www.binarium.global, www.binarium.trade
Legal entityBinarium Limited
JurisdictionCyprus
Payment processorsItez, SticPay, WebMoney, Perfect Money, PayOp
WarningConsob

Binarium appears to be a Russian broker. The broker’s Facebook and YouTube page are in Russian and provide a support phone number in Moscow. More than 4,500 people have subscribed to the Facebook page. Binarium is not necessarily a scam but illegal in any case. It does not have any license or permission to offer its financial services to European consumers. The involvement of Russian payment processors and cryptocurrencies makes it virtually impossible to secure your money. Stay very far away!

If you have any information about Binarium, please share it with us via our whistleblower system Whistle42.