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123binary.com - a world leading binary option trading platform

United Kingdom

Founded in

2010 (16 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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Regulated

Recommended

(74 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Company Information

Get to know 123binary.com - a world leading binary option trading platform

Company Information

Get to know 123binary.com - a world leading binary option trading platform

123binary.com was a web-based binary options broker that operated primarily between 2012 and 2016. The company provided a platform for retail investors to speculate on the short-term price movements of various assets, including currencies, stocks, commodities, and indices. It was known for being an unregulated entity, which led to numerous warnings from financial regulators who cautioned the public against using its services due to the high risks involved, including the potential for fraud and loss of funds. The company has since ceased all operations.

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