Binary Uno Review

Reason to avoid: No License

Listed Date: November 19, 2018

Top 3 Regulated Forex Brokers

Beware Binary Uno is a Non-Licensed Broker. It is NOT SAFE to trade.

  • Company name: 

UNO Media Solutions Limited. Smart Choice Zone LP. Binary Uno.

  • Registration Address/ License:

Seychelles. Scotland. No License, No Regulation. 

BinaryUno states their 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 while does not hold a serious license and not overseen by the respected authority.

While the offshore companies are considered to be a risky business and are not advised as trustable brokers, the Binary Uno gained as well as a negative reputation on internet sources and among the traders.

Binary Uno Review

Besides, the company offers was caught by the warnings issued by regulators that includes 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.

Any warning from the authorities should be considered strictly while choosing a company broker, therefore, of course, you should avoid Binary Uno. The main concern should be a fund and client protection and only regulated company can deliver this environment. Thus we advise to check the list of the regulated brokers by FCA, ASIC or similar and to choose among these offerings.

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