About MT4-Binary
Overview
MT4-Binary is a forex broker registered in the United Kingdom in 2019. The broker's domain (mt4-binary.com) suggests a focus on the popular MetaTrader 4 platform and binary options, although no specific trading platforms or instruments are confirmed in official records.
As of the latest available data, the broker has not been authorized or regulated by any financial regulatory body. This lack of regulatory oversight is a significant factor for potential traders to consider.
Company Background
MT4-Binary was founded on 21 March 2019 and lists its country of registration as the United Kingdom. However, the exact ownership and operational history remain unclear due to limited public information.
Despite its UK registration, the broker does not appear to hold a license from the Financial Conduct Authority (FCA) or any other recognized regulator. This absence of regulatory status raises questions about its compliance and transparency.
Account Types and Minimum Deposits
The broker offers four account tiers: Starter, Premium, Platinum, and Maestro. Minimum deposit requirements range from $250 for the Starter account to $2,000 for the Maestro account.
Notably, no maximum leverage figures have been disclosed for any account type. This omission is unusual for retail forex brokers and may indicate that leverage is either not offered or is variable without clear disclosure.
Trading Instruments and Platforms
No specific trading instruments—such as currency pairs, commodities, indices, or cryptocurrencies—have been confirmed in the broker's offerings. Similarly, the trading platform is not explicitly stated beyond the domain name, which references MetaTrader 4 and binary options.
Without clear information on available markets or trading software, it is difficult to assess the broker's suitability for different trading styles or asset preferences.
Regulatory and Risk Status
MT4-Binary currently holds no known regulatory licenses from any financial authority. The FXCanary Scam Risk Score stands at 75/100, classified as 'Severe', indicating a high risk of potential misconduct or fraud.
This extreme risk score is driven by the complete absence of regulation, lack of transparency regarding operations and financials, and the relatively large minimum deposits required with no clear disclosure of trading terms.
Overview compiled by FXCanary from regulatory records and public data. full MT4-Binary review