About Binarycryptometric
Overview
Binarycryptometric is a trading entity registered in the United Kingdom, with an official domain at binarycryptometric.com. According to public records, the company was founded on February 16, 2023, and lists its registered address as 207 Regent PI, Soho, W1B 3HH London, United Kingdom.
Despite its UK registration, Binarycryptometric does not hold any known regulatory licences from the Financial Conduct Authority (FCA) or any other financial watchdog. This absence of oversight is a critical factor for traders to consider.
Account Types
Binarycryptometric offers four account tiers: Platinum, Gold, Silver, and Mini. The minimum deposit requirements are notably high, ranging from USD 500 for the Mini account to USD 10,000 for the Platinum account. The maximum leverage for each account is not disclosed.
These deposit thresholds suggest the broker may target high-net-worth individuals, though the lack of transparency on trading conditions raises concerns. No information on spreads, commissions, or other costs is available from official sources.
Trading Instruments
At present, Binarycryptometric has not publicly disclosed the range of trading instruments it offers. The domain name implies a possible focus on cryptocurrencies, but this cannot be confirmed from the known facts alone.
The absence of instrument details makes it impossible for traders to assess whether the broker meets their investment needs. Comprehensive disclosure of assets is a basic expectation for any legitimate broker.
Regulation and Safety
Binarycryptometric operates without oversight from any recognised financial regulator. While the company is registered in the UK, corporate registration alone does not equate to regulatory supervision.
Traders should be aware that unregulated brokers offer no recourse through investor protection schemes, such as the Financial Services Compensation Scheme (FSCS) in the UK. The lack of regulation significantly elevates the risk profile.
Corporate Background
The company was incorporated in early 2023, making it a relatively new entrant. Its registered address in London's Soho district is a commercial area, but the specific premises at 207 Regent Place may not be a dedicated office.
Newer entities with limited operational history and no regulatory oversight warrant heightened due diligence. The broker's long-term viability and client fund security remain unconfirmed.
Deposit and Withdrawal
Known facts do not specify the deposit or withdrawal methods available at Binarycryptometric. The high minimum deposits suggest wire transfers or cryptocurrency payments might be used, but no official information has been disclosed.
Without clear details on funding and withdrawal procedures, traders cannot evaluate the ease of accessing their funds. This opacity is another red flag.
Overview compiled by FXCanary from regulatory records and public data. full Binarycryptometric review