Binary Uno Scam Review
We have made a research of Binary Uno and found out that they do not rate highly and there is no significant data about them. As an alternative we have selected our Top Safe Forex Brokers along with detailed reviews for safe and secure trading.
Since we haven’t gathered enough information yet, we cannot confirm that Binary Uno is safe. You can Proceed to Safety OR Choose one of the Is-Scam approved and safe Forex Brokers:
Binary Uno Review
Binary Uno (Also known as BinaryUno Broker) is a newly established broker in the Forex industry having started their operations in the year 2011. This is why much is yet to be known about them. However, there are a few basic facts which we have gathered.
Binary Uno is a broker, situated in Mahe, Seychelles. They provide Forex and CFDs trading options. Their website claims to have secure banking features and they also have 24/6 customer service. This means that they have one day off a week. Rest all the other days you can avail their services.
Their platform is presently giving trading options to investors worldwide. This is why their platform is available in English, Arabic and Russian. One can also reach them via their customer support email.
Overall the platform is used by both novice as well as experienced traders.
Is Binary Uno Scam?
This is the question many traders tend to ask. Being a not so well-established broker on the market they do raise some eyebrows. We did our own research to find out the truth.
Being in the market for 4 long years one would expect to know the reality of a Forex broker. However, we cannot say for sure if they are legitimate or not. They are not regulated or licensed, which puts a big question mark about their operations and we can recommend traders to open an account with regulated and approved Forex broker.
Binary Uno Account types
Binary Uno has 5 types of accounts. The minimum deposit is one of the highest in the Forex industry – $1000. If you open an account with them you are complying with their legal terms. So make sure you read the conditions before opening account with them.
The 5 types of accounts are:
- Micro: Any deposit between $1000 and $2000 will be under Micro account.
- Standard: Deposits between $2000 and $5000 are under this type of account.
- Premium: Ranging between $5000 and 10,000 it is considered the “best value” account under Binary Uno broker.
- VIP: Any deposits above $10000 and under $100,000 fall under this account
- Elite: Deposits above $100,000 come under this account type.
Each of these account types has their own benefits. Of course the higher your deposit is, the more benefits you get, with the highest trade benefits lying with the Elite account holders.
Binary Uno Trading Tools
You must choose the broker that provides you with a variety of trading tools. Unlike what most traders think, these are important to trade. The more resources you have, the varied choices you can make while trading.
As per our research, Binary Uno is a web based trading platform. You don’t have any software to download. Live trading takes place on their platform itself. This is one of the reasons the website must be neat. Their website seems to be quite sorted. Also, they have their Android and iOS applications. Here you can easily carry the trades with you wherever you go.
Binary Uno Complaints
First of all it is necessary to check the complaints against them. Usually that is a big sign that something fishy is going on with the brokers if it has too many unhappy traders.
However in this case, we did find some genuine complaints against them. It can be safe to say, Binary Uno does have scam alerts against them. Some traders said they had issues with the withdrawal process. But whether they have complaints against them or not, it is always best to go with the brokers that are regulated.
Moreover, Binary Uno has been in the market for over four years now. A broker that has not gained any license in such a long time can be hard to trust. This is why we recommend you to sign up with brokers that are proven reliable and safe. There are many brokers on the market who seem to be more reliable than Binary Uno.
ConclusionAfter detailed investigation our team concluded that there are better choices than Binary Uno. We cannot confirm that this Forex broker is a scam, but our research revealed enough traders’ complaints to not make us feel safe trading with Binary Uno.
We recommend you to Proceed to Safety and avoid scams by choosing High-Rated and Trusted Brokers on Is-Scam.com.