Is Binary Uno Scam or Legit Broker?

No, Binary Uno is not safe to trade with it. Besides the fact that offshore companies are considered to be a risky business and are not advised as trustable brokers, Binary Uno also gained a negative reputation on internet sources and among traders.

About Binary Uno
🗺️ Registered inSeychelles
🗺️ Type of LicenseOffshore License
🛡️ Is Binary Uno safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerFP Markets - licensed by ASIC in Australia

What is Binary Uno?

Binary Uno states the global presentation of a brand that is focused on the provision of the best possible trading service in CFD trading, while the mentioned office concludes Glasgow, Scotland. Yet, the revealed information showed that in fact the holding company is located in Seychelles and does not hold a serious license, and is not overseen by the respected authority.

  • Besides, the company was issued warnings by the UK’s FCA, Australian ASIC, and other entities.

    “We believe this firm Uno Media Solutions trading as Binary Uno has been providing financial services or products in the UK without our authorization. Find out why to be especially wary of dealing with this unauthorized firm and how to protect yourself from scammers.”  

    FCA, UK. May 2018.

    “The business listed below Binary Uno has made unsolicited calls or sent emails about investing, financial advice, credit or loans and does not hold a current Australian Financial Services (AFS) license or an Australian Credit license from ASIC.”

    ASIC, Australia. October 2017.

Binary Uno Review

Overall Binary Uno Ranking 

Because of the regulation and safety issues we revealed during our research of Binary Uno, we do not rank positively Binary Uno, based on our Expert Opinion with over 10 Years of experience in Forex Trading.

  • Binary Uno Overall Ranking is 2 out of 10 based on our testing and compared to 500 other brokers, see Our Ranking below compared to other popular and industry Leading Brokers.
RankingBinary UnoFP MarketsXTB
Our Ranking⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐
Is Broker safe? NoYesYes
AdvantagesNoneTrading Environment Trading Instruments

Binary Uno Alternative Brokers

We revealed that Binary Uno has a lot of issues, mainly in respect of its safety and registration. Thus, here are much better Alternatives to Binary Uno with tight regulations and great trading conditions. We select Good Brokers and reliable options for your comparison below: 

  • HFM – Good for Currency trading
  • FP Markets – Good for CopyTrading
  • XM – Good for Beginners

Deposit & Withdrawal

At Binary Uno, making deposits and withdrawals is simple and quick. The broker offers multiple funding options, including Visa and MasterCard, wire transfers, and BITCOIN. 

  • The minimum amount for a wire transfer is 250 USD as there are fees that the sending bank and the receiving bank charge. 
  • Binary Uno now accepts Bitcoin, allowing traders to deposit the coins into their accounts and trade on currencies, commodities, or indices just as they would with cash. Clients can trade without having to spend any actual money.

Binary Uno Review Conclusion

We never advise trading with an offshore or non-licensed broker, since the financial investment service they deliver is not trustable. Rather than involving yourself with the risk of losing capital, we would recommend choosing among well-regulated and reputable companies. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FBS and BlackBull Markets.

  • Overall ranking and experience for Binary Uno is Negative

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