Check out our FXBinaryz LTD review to learn why we don’t suggest trading with this broker.
Website: https://www.fxbinaryz.com/
Website Availability: YES
Official Address: Georgia Town, KY, San Francisco, CA
Regulation: Unregulated
Warned By: Financial Conduct Authority (UK)
Domain Status:
- Domain Name: FXBINARYZ.COM
- Registry Domain ID: 2866277468_DOMAIN_COM-VRSN
- Registrar WHOIS Server: whois.namesilo.com
- Registrar URL: http://www.namesilo.com
- Updated Date: 2024-03-23T22:50:46Z
- Creation Date: 2024-03-23T22:50:43Z
- Registry Expiry Date: 2025-03-23T22:50:43Z
Is FXBinaryz LTD Legit or a Scam?
The first question on every trader’s mind is whether FXBinaryz LTD is legitimate or a fraud. There have been numerous reports and evaluations from traders who have had issues dealing with this broker. These include difficulties including nonpayment of earnings, bad client service, and false information about trade circumstances.
Regulation is an important component in establishing a broker’s authenticity. FXBinaryz LTD claims to be regulated, however, a deeper look reveals that the regulatory claims are either false or refer to obscure, non-reputable regulatory authorities. This absence of reliable regulation raises serious concerns regarding the trustworthiness of FXBinaryz LTD.
Fund Withdrawal
The fund withdrawal process is an important indicator of a broker’s dependability. In the case of FXBinaryz LTD, numerous traders have reported significant issues withdrawing cash. Common concerns include processing delays, unanticipated costs, and outright refusal to transfer payments.
Poor or non-existent customer service frequently accompanies these withdrawal concerns. Traders have struggled to receive a clear response from the broker’s support personnel regarding their withdrawal requests. This type of action is typical of scam brokers who want to keep client funds for as long as possible without enabling withdrawals.
How to Claim a Refund from FXBinaryz LTD?
If you have sought but failed to recover your money from FXBinaryz LTD, gather your supporting proof. Keep copies of every correspondence as proof of your payment demands. If they halt or refuse, initiate the chargeback process immediately. Inform the bank about FXBinaryz LTD’s suspicious business practices and absence of a license.
Regarding Wire Transfers, What is the Situation?
Because of the inability to charge back, wire transfers are a tough means to recover money. Making a complaint and contacting the authorities are the most effective strategies to escalate the problem. This strategy frequently leads to the reevaluation of refund decisions. If you do not receive your money back, file a detailed fraud report and email it to the company, stating that you will send it again. Please contact fraud complaints if you need any assistance.
FXBinaryz LTD Review – Conclusion
To summarize, the FXBinaryz LTD review indicates a significant possibility that this broker is a scam. The multiple withdrawal troubles, lack of credible regulation, and bad customer service are all clear signs of a fake company. Traders should avoid FXBinaryz LTD and look for brokers with good reputations, sufficient regulatory control, and positive user feedback.
If you have already fallen victim to FXBinaryz LTD, take quick steps to recover your money. While the process can be tough, patience and completing the proper steps can improve your chances of receiving your money back.
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