Currently, Russian broker scam Binarium is running a massive promotion and offers generous bonuses of 100% for deposits. FinTelegram and financial market regulators have already issued several warnings against Binarium, which operates through Binarium Limited, registered in Cyprus, and an offshore entity in St. Vincent & The Grenadines. For some time now, the new registration has been blocked for EEA residents. However, existing EEA clients can still register, make deposits, and trade. Stay far away!
In Dec 2021, the Italian Consob ordered the blackout of Binarium's websites for Italian consumers. The boiler rooms operate with Russian phone numbers and are located in Russia, Latvia, and Ukraine. Binarium is huge. According to the latest Similarweb statistics from December 27, 2022, almost 325000 people have visited the website in the last 28 days. Mainly from Eastern European countries. Stay far away and protect your financial health.
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. The Italian Consob ordered the blackout of Binarium's 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.co