Global Broker Regulation Inquiry App
WikiFX
English
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
WIKIFX REPORT: Unregulated Russian scam broker Binarium and its network of companies and domains!
Abstract：Targeting customers in Europe, North America, and Asia, Binarium is an unlicensed Russian broker operating outside of Russia through legal firms in St. Vincent and the Grenadines and Cyprus.
Binarium is an unregulated Russian broker operating outside Russia through legal entities in Cyprus and St. Vincent and the Grenadines, targeting consumers in Europe, North America and Asia. In December 2021, the Italian Consob ordered the blackout of Binariums websites for Italian consumers. The boiler rooms operate with a Russian phone number and are located in Russia, Latvia and Ukraine. The Russian site can be reached through the domain www.binarlum.com. Stay away!
Key data
| Brands | BinariumBinarlum |
| Domains | https://binarium.com, https://binarlum.comhttps://binarium.click,https://binarium.global, https://binarium.tradehttps://binarium.link, https://binariums.comhttps://binariumthailand.com |
| Legal entity | Binarium Limited |
| Headquarters | Moscow, Russia |
| Jurisdictions | RussiaCyprusSt. Vincent & The GrenadinesLatvia,Ukraine |
| Payment processors | Sky-Crypto, Itez, SticPay, WebMoney,Perfect Money, PayOp, AstroPay,YooMoney, Monetix,FKWallet, Piastrix |
| Warning | Consob, CNMV |
The narrative
Binarium is actually a huge scam broker that has been operating for many years. Everything about it is a fake. The address in Moscow is a virtual office address. We have not found any Binarium Limited in the directory of the Financial Services Authority in St. Vincent & The Grenadines. There is also no office at the given address in Nicosia. Nevertheless, Binarium is active with numerous domains in many countries.
In the EU, the Spanish CNMV and the Italian Consob have issued warnings. Binarium has also been placed on warning lists in Russia and Ukraine. On Trustpilot, Binarium holds a 2-star rating with corresponding “Poor” trust level. Just stay far away.
Share information
If you have any information about Binarium, please share it with us via our whistleblower system, Whistle42.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Read more
Fidelity Exposed: Traders Complain About Withdrawal Denials, Frozen Accounts & Platform Glitches
Does Fidelity Investments prevent you from accessing funds despite numerous assurances on your requests? Do you witness an account freeze by the US-based forex broker every time you request withdrawal access? Do you struggle with an unstable trading platform here? Is the slow Fidelity customer service making you face forced liquidation? These issues haunt traders, with many of them voicing their frustration on several broker review platforms such as WikiFX. In this Fidelity review article, we have shared quite a few complaints for you to look at. Read on!
Original 7h
Exposing The Trading Pit: Traders Blame the Broker for Unfair Withdrawal Denials & Account Blocks
Did you receive contradictory emails from The Trading Pit, with one approving payout and another rejecting it, citing trading rule violations? Did you purchase multiple trading accounts but receive a payout on only one of them? Did The Trading Pit prop firm refund you for the remaining accounts without clear reasoning? Did you face account bans despite using limited margins and keeping investment risks to a minimum? These are some raging complaints found under The Trading Pit review. We will share some of these complaints in this article. Take a look.
Original 8h
M&G Review: Traders Report Fund Scams, Misleading Market Info & False Return Promises
Applying for multiple withdrawals at M&G Investments but not getting it into your bank account? Do you see the uncredited withdrawal funds out of your forex trading account on the M&G login? Does the customer support service fail to address this trading issue? Does the misleading market information provided on this forex broker’s trading platform make you lose all your invested capital? Were you lured into investing under the promise of guaranteed forex returns? These issues have become highly common for traders at M&G Investments. In this M&G review article, we have echoed investor sentiments through their complaint screenshots. Take a look!
Original 9h
INZO Broker MT5 Review 2025: A Trader's Guide to Features, Fees and Risks
INZO is a foreign exchange (Forex) and Contracts for Difference (CFD) brokerage company that started working in 2021. The company is registered in Saint Vincent and the Grenadines and regulated offshore. It focuses on serving clients around the world by giving them access to popular trading platforms, especially MetaTrader 5 (MT5) and cTrader. The company offers different types of trading instruments, from currency pairs to cryptocurrencies. It aims to help both new and experienced traders. Read on to know more about it.
Original 11h
WikiFX Broker
Latest News
Forex Expert Recruitment Event – Sharing Insights, Building Rewards
WikiFXAdmirals Cancels UAE License as Part of Global Restructuring
WikiFXMoomoo Singapore Opens Investor Boutiques to Strengthen Community
WikiFXOmegaPro Review: Traders Flood Comment Sections with Withdrawal Denials & Scam Complaints
WikiFXAn Unbiased Review of INZO Broker for Indian Traders: What You Must Know
WikiFXBotBro’s “30% Return” Scheme Raises New Red Flags Amid Ongoing Fraud Allegations
WikiFXThe 5%ers Review: Is it a Scam or Legit? Find Out from These Trader Comments
WikiFXWikiEXPO Dubai 2025 Concludes Successfully — Shaping a Transparent, Innovative Future
WikiFX2 Malaysians Arrested in $1 Million Gold Scam Impersonating Singapore Officials
WikiFXIs FXPesa Regulated? Real User Reviews & Regulation Check
WikiFXCurrency Calculator
USD
CNY
Current Rate: 0
Amount
USD
Available
CNY
Calculate