ANSWER Binarycryptometric is not a regulated or licensed broker for traders even though it states offers that look good to be true.Binarycryptometric claims to be a trustworthy broker authorized by the UK Financial Conduct Authority (FCA), the Australian Securities & Investment Commission (ASIC), and the Financial Sector Conduct Authority (FSCA) of South Africa. However, we did not find any match results to this broker in ASIC or FSCA. More importantly, when we searched in FCA, we only found a warning against this broker for providing financial services or products in the UK without authorization. You can check the full warning from here.The truth is, Binarycryptometric is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like Binarycryptometric and trade with licensed brokers.
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