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RBinary Review - is it scam or safe?

RBinary - is rbinary.com scam or good binary options broker?

RATING: 1 / 1 REVIEWS RBinary
RBinary is not regulated. We cannot guarantee your money is safe.

Trading Accounts & Conditions

 

Minimum deposit Min. bet size Expiry Times Payout %
$250 $10 30 seconds – 2 months Up to 81%

 

RBinary is an offshore binary option broker that offers payouts up to 81% and uses a web-based trading platform. We could not find information on different account types, although those kind of brokers usually offer several of them. According to the information on its website, RBinary also offers demo accounts, but you have to contact the customer support.

 

 

 If you are considering opening an account with them, be sure to read this review first.

 

 

RBinary Advantages:

 

Solid choice of financial instruments

One of the few advantages of RBinary we could think of is the fact that it offers trading in more than 20 forex pairs, as well as CFDs on commodities, indices and stocks. Although many financial services provider offer a broader range of products, we still consider the RBinary’s product portfolio solid.

 

Relatively nice platform with social trading

As most binary options brokers, RBinary also provides its services via a simple web-based platform.  Its clients can trade High/Low, One Touch, Range, Hyper (Turbo) and Long-Term options with expiry times from 30 seconds to several months. Mobile trading apps are also available, as well as social trading.

 

 

RBinary’s web platform. Click on the image to zoom-in.

 

RBinary Disadvantages:

 

Registered offshore, FCA warning

The company operating the brokerage brand, RBinary Limited, is registered offshore, on Ajeltake road, Ajeltake Islands, Majuro, Marshall Islands MH96960. This address is well-known to us, as a number of other shady brokers are also based there: iForex24, CryptoEU, Tradex1, AxeCC, Stern Markets, PBN Trade, FXG Invest, and more. Judging by the negative comments on our reviews of these forex brokers, they are all a bunch of scammers, so you’d better stay away from RBinary and, actually, all the rest.

 

All the more so, considering that the UK financial watchdog, FCA, has included RBinary in its black list of firms offering binary options trading to UK consumers without authorization before the ESMA’s ban on binary options entered into force.

 

 

Click on the image to zoom.

 

Mediocre payouts

While some binary options brokers offer payouts of above 85%, RBinary’s highest payout is 81% (on EUR/USD High/Low options). Such payout amount is not very attractive.

 

Relatively high initial investment required

in order to open an account with RBinary, one has to deposit at least $250. While this may not sound like too much, other similar venues require less as a start. For example, you can open an account with Grand Capital, by paying just $10. 

 

Slow withdrawals

According to the Terms and Conditions uploaded on RBinary’s website, payouts will be made within 21 business days upon the withdrawal request. This is a very long time. Most brokers process withdrawals for up to 3 business days.

 

 

Conclusion

 

RBinary is a binary options broker whose offer is not very attractive in terms of payouts, while the minimum investment required is quite high. The main problem with this broker, however, is the lack of reliability and financial regulation.

 

RBinary is an offshore broker that shares the same address with a bunch of other shady brokers. In case that does not seem bad enough to you, there is more: the UK’s FCA has issued a warning against this binary options provider.

 

That is why we suggest that you select a company that offers forex trading instead, as it is less risky and many of those companies are properly regulated.

 

 

>> CySEC-licensed brokers <<

 

 

To sum up the above:

 

Pros Cons
Solid choice of trading instruments Registered offshore, FCA warning
Relatively nice platform Mediocre payouts
  Relatively high initial investment required
  Slow withdrawals

 

Latest news about RBinary
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Traders` reviews for RBinary

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RBinary Estafa

RBinary es una en toda regla, hacen lo que quieren con su dinero, manipulan la plataforma, hacen desaparecer las operaciones , borran hiostorial de operaciones y colocan ellos las posiciones, y el saldo desaparece poco a poco, hasta desaparecer. Profesionales de la estafa , un nombre David Syilva, italiano.Me estafaron unos 2.000 $

Translated by Google:

RBinary is a full-fledged, they do what they want with their money, they manipulate the platform, they make operations disappear, they delete operations hiostorial and they place the positions, and the balance disappears little by little, until disappearing. Professionals of the scam, a name David Syilva, Italian. I was scammed about $ 2,000

Juan Carlos Garcia Maldonado 08/15/2018
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