ANSWER Dear Investor,
Binarymate is highly suspected to be a fraudulent trading platform, and we do not recommend engaging in any transactions with them.
The platform has not provided any regulatory information, merely claiming that its company, INVOLVA CORP, is registered in the Marshall Islands. However, our investigation revealed that the registration status of this company in the Marshall Islands Registry (IRI) has been annulled. This indicates that its registration is no longer valid and the company may already be experiencing operational issues.
Furthermore, the Spanish National Securities Market Commission (CNMV) has issued a warning against this company, stating that it is providing investment services to the public without proper authorization.
Therefore, we strongly advise you to avoid trading with this broker to protect your funds.
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