Revealing the Binany Scam: Withdrawal Denials, Deposit Credit Issues & More

Binany, a UK-based forex broker, is facing criticism from traders on several online platforms. The reasons include long-pending withdrawal requests, deposit failure issues, login issues, and more. The worst is the lack of a positive response from the brokers customer support official in resolving these issues. Frustrated by these incidents, traders have reviewed the broker on several online platforms. In this article, we have shared their comments.

The List of Top Complaints Against Binany

No Answer to Withdrawal Requests

Traders often face withdrawal delays or denials at Binany as its officials do not pay attention to their requests. The lack of positive response from broker officials has made the matter complicated for many traders. This has made many complain about the broker online. Here are multiple screenshots explaining the pain traders witness with lingering withdrawal issues.

Deposit Credit Issue Also Lingers

While withdrawal complaints have been bothering almost every trader at Binany, one particular trader also recounted about the deposit failing to get credited to the account even after weeks. The trader submitted all the proofs asked for, such as screenshots of the app receipts. The broker replied by saying it did not receive any fund from the trader, leaving him frustrated. Here are the traders remarks.

Login Issue Stops Traders from Trading

Some traders also face login issues, preventing them from trading and benefitting from the market movement. Given the circumstances, you might need to close your existing trade or open a new trade on time. With login issues preventing you from doing these, you either face losses or fail to unleash gains.

What Score Does Binany Get from the WikiFX Team?

The largely negative reviews of Binany are due to its status as an unlicensed forex broker. As an unlicensed broker, it has the freedom to carry its own rules, contrary to regulated brokers who comply with investor-friendly norms. Considering elevated investor safety issues, the WikiFX team assigns it a score of 1.52 out of 10.

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