Binary Golden Options has been flagged by Commodity Futures Trading Commission for "Other". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I signed up with Binary Golden Options after seeing their ad online and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Multi-currency support|Educational resources|High security standards|Social trading features
Cons: No live chat on mobile
If you are reading this considering Binary Golden Options - run. I wish I had read more negative reviews through my accountant's suggestion. I thought the positive ones were real. Maybe some are. My experience over since I retired last year has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Regular platform improvements|Copy trading available|Educational resources|Good analytical tools
Cons: Wish they had more educational resources|None so far
I experienced a security concern with my Binary Golden Options 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: Clear documentation|Automated trading options
Cons: Cannot customize dashboard fully
I found Binary Golden Options when my bank disappointed me and I searched for alternatives and the initial impression was positive. But for over a year 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: Easy to use platform|Dividend tracking|Multi-currency support|Wide product range
Cons: No dark mode on mobile
I want to warn everyone about Binary Golden Options. They have been flagged by Commodity Futures Trading Commission as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Cons: Cannot withdraw funds|Not regulated|Pressure tactics
Where do I even begin with Binary Golden Options? for over a year of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Great customer service|Regular updates|Fast deposits|Instant funding
Cons: Withdrawal takes 1-2 business days
Several red flags with Binary Golden Options: (1) They promise unrealistically high returns, (2) They're not registered with Commodity Futures Trading Commission, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Flagged by Commodity Futures Trading Commission|Cannot verify credentials
I wanted to transfer my portfolio from another broker to Binary Golden Options. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Segregated accounts|Multiple order types
Cons: None so far