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Binary Trade 247

Severe risk
🇺🇸 United States · 2-5 years · since 2022-11-03 · Binary Trade 247
This is a , not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
Unregulated
Visit site ↗
—/5
★★★★★ ★★★★★
0 reviews ›
0
Licenses ›
0
Withdrawal issues ›
—
Min. deposit ›
—
Max leverage ›
0
Account types ›
85/100
Scam risk ›
0
Clone sites ›
▲ 0% positive▼ 0% negative
Independent ratingshow third parties score this broker
WikiFX1.45/10
Trustpilot—/5
Forex Peace Army—/5
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No sign that Binary Trade 247 actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
85
Severe risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Listed as “Fake Broker” in industry watchdog records
  • Identified as a clone / impersonator firm
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing9735%
Company age4515%
Clone / impersonation10012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)10010%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameBinary Trade 247
Headquarters🇺🇸 United States
Founded2022-11-03
Years operating2-5 years
Employees0
Official websitebinarytrade247.net
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods—
Withdrawal methods—
Instruments—

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

Binary Trade 247 is an unregulated US-registered entity with a high scam risk score of 85/100. The absence of regulatory licensing and verifiable operational history makes it a high-risk proposition for traders. We advise against using this broker until it can demonstrate credible regulatory oversight and transparent operations.

0
Period:

Real user reviews

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About Binary Trade 247

Company Overview

Binary Trade 247 is registered in the United States and was founded on November 3, 2022. The company operates the website binarytrade247.net. Our review is based solely on publicly available registration records, as independent user reviews and detailed operational information are absent.

There is no evidence that Binary Trade 247 holds any financial services licence or regulatory authorisation from a recognised authority. The absence of regulatory oversight is a significant factor for traders to consider before engaging with this entity.

Regulatory Status

Binary Trade 247 has no regulators on file according to our records. This means there is no verified oversight by any financial regulatory body such as the SEC, CFTC, or FCA. Without such oversight, clients lack the protection typically offered by regulated brokers, including access to compensation schemes or dispute resolution mechanisms.

In FXCanary's assessment, the complete lack of regulatory licensing is a critical red flag. Traders are advised to exercise extreme caution, as unregulated brokers operate with minimal accountability.

Risk Profile

Our FXCanary Scam Risk Score for Binary Trade 247 is 85 out of 100, classified as 'Severe'. This high score reflects the lack of regulation, the novelty of the entity (founded in 2022), and the absence of verifiable trading history or client feedback.

Prospective clients should be aware that trading with an unregulated broker exposes them to elevated risks, including potential fraud, mishandling of funds, and lack of legal recourse. We strongly recommend only dealing with fully regulated financial service providers.

Conclusion

Binary Trade 247 presents as an entity with a short track record and no regulatory oversight. The information available is limited, which itself is a concerning sign for a financial service provider. We cannot confirm any specific products, trading platforms, or account types offered.

Traders should approach Binary Trade 247 with the highest level of caution. Due diligence is essential, and we advise seeking fully regulated alternatives for any forex or CFD trading activities.

Overview compiled by FXCanary from regulatory records and public data. full Binary Trade 247 review