ARAM Binary Options also known as ARAM Wealth Management Ltd has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: (+44) 330 808 0100, (+64) 9950 8489, (+61) 280 466 556, (+1) 437 888 1190
Addresses: Main Office Solar Dong building 65 Yeouidaebang-ro Yeongdeungpo-gu Seoul South Korea This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.arambinaryoptions.com.
After for nearly two years with ARAM Binary Options also known as ARAM Wealth Management Ltd I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: API access|Instant funding|Low minimum deposit|Intuitive for beginners
Cons: Would like more payment methods
I found ARAM Binary Options also known as ARAM Wealth Management Ltd through a forum discussion and the initial impression was positive. But for about three months later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Multiple order types|Quick verification|Wide product range|Fast support response
Cons: Inactivity fee applies after 12 months
Opened my account with ARAM Binary Options also known as ARAM Wealth Management Ltd through a forum discussion and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Two-factor authentication|Transparent fees
Cons: Search feature is basic
ARAM Binary Options also known as ARAM Wealth Management Ltd offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Clean UI|Easy to use platform
Cons: Alert system is basic|No fractional shares
I experienced a security concern with my ARAM Binary Options also known as ARAM Wealth Management Ltd account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Wide product range|Professional team|High security standards|Easy withdrawals
Cons: Nothing significant|Website design could be more modern
I requested my data from ARAM Binary Options also known as ARAM Wealth Management Ltd under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Transparent fees|Clear documentation|Quick verification
Cons: Minimum deposit could be lower|Wait times can be long during peak hours
I closed a profitable position at ARAM Binary Options also known as ARAM Wealth Management Ltd and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: No hidden fees|Intuitive for beginners|Full transparency
Cons: Onboarding videos are outdated|No integrated tax optimization
I trusted ARAM Binary Options also known as ARAM Wealth Management Ltd with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Good analytical tools|High security standards|Automated trading options|Demo account available
Cons: Withdrawal takes 1-2 business days
After using ARAM Binary Options also known as ARAM Wealth Management Ltd for about five months, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Intuitive for beginners|Two-factor authentication|Transparent fees|Stable platform
Cons: Wait times can be long during peak hours
The only good thing about ARAM Binary Options also known as ARAM Wealth Management Ltd is that they remind you why regulation matters. I found them after a friend recommended them. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Regular updates|Educational resources|Helpful community forum
Cons: Account statements could be more detailed|Limited demo account features