BinTradeClub, bintradeclub.ru

The name of the broker Bin Trade Club ironically translates from English as the Trash Can Trading Club, which can already speak for itself and repel any potential client. But since the word Bin has other meanings, such as a bunker, container, reservoir, it is better not to try to draw any hasty conclusions, but still check this company in more detail. You can independently familiarize yourself with the specified offer and draw any own conclusions on the website of the specified broker, which is located on the Internet at bintradeclub.ru

What conditions are offered?

Novice traders can try their hand at a demo account without depositing real money into it. You should immediately warn that it will not be real money that will be earned on it, it will not be possible to withdraw it a priori. As soon as real financial investments are on the deposit, the situation can change dramatically and strongly, and not for the better. After the first replenishment, the minimum amount of which is quite small and amounts to only 500 rubles (yes, oddly enough, but the deposit is replenished in this currency), the client, according to the conditions put forward by the broker, before making an operation to withdraw funds, is obliged to make a trading turnover of transactions, equal to 150% of the total amount of his deposit.

• Speculative trading is offered with leverage, that is, funds borrowed from a broker, various financial assets. Trading operations include operations on the predicted direction of movement of currency pairs or cryptocurrency in the form of a bet (bet), that is, in fact, binary options. It is concluded between the trader (client) and the broker (company). This type of activity is expressly prohibited by the laws of many countries of the world, as it is inherently not an investment or trading, but a gambling game with all the ensuing consequences. They promise returns up to 90%.
• The most interesting thing is that the whole process is carried out on the trading platform of the organization's own development. Therefore, it is quite easy to predict the final result, and it is unlikely that it will be in favor of the trader. At the very bottom of the site, in small print, it is directly indicated that these financial transactions offered by this company have an increased level of risk. By purchasing these services and tools, a person may suffer serious financial losses or completely lose the funds in his trading account.

Registration and licensing of BinTrade Club

The company reports that it is legally registered in Belize, a typical offshore zone on the Caribbean coast. All sorts of unscrupulous brokers like to nest in those parts, to whom local legislation is quite favorable, if they do not forget to pay taxes to them in the budget and do not affect the interests of the indigenous population. The company reports a license from a local regulator, but it does not have permission from the Central Bank of the Russian Federation. Surely many people know that this is a prerequisite for brokers in our country, in its absence, their activities are illegal.

It is not worth contacting BinTradeClub, you can lose your money very easily.