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Do You Want to Know If TradingBinance is Legitimate or a Scam Broker?
In case you’re wondering, TradingBinance has nothing to do with Binance, a popular cryptocurrency platform relied on by thousands. However, the broker TradingBinance wants people to trust them because they are using the Binance name. Maybe some people will think they are a division of Binance. However, the name TradingBinance makes no sense. People trade cryptocurrencies, not crypto platforms. It doesn’t matter to these folks.
There Are Some Problems with TradingBinance
TradingBinance has been flagged as an unlicensed broker by the SEC. This is enough to avoid trading with this broker. Its website is mediocre, but we did notice a few things. First, the brokers promise financial stability–it’s clear they are targeting people with meager funds, not those with extra money for trading. Secondly, there are no names or pictures of the people who run this broker. They are clearly trying to hide something.
Red Flags that TradingBinance Could Be a Scam Broker
- Cashing in on the the Binance name
- No license
- Flagged by the SEC
- No transparency
- Misleading statements
- Bad reviews
If You Need Fund Recovery from TradingBinance, Talk to Us
We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with this broker close it and request a withdrawal. If you are not given your money back, contact Broker Complaint Registry right away. We will consult with you, work to track down your funds and create investigative reports, and will assist with fund recovery efforts.