BinaryShellHub has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Regist...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Where do I even begin with BinaryShellHub? for roughly four months 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: Automated trading options|Excellent charting|Helpful community forum|Easy to use platform
Cons: No live chat on mobile
My card was charged twice by BinaryShellHub on the same day. I had to dispute it with my bank. BinaryShellHub then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Smooth onboarding|Professional team|Economic calendar
Cons: Research section could be deeper
I signed up with BinaryShellHub after a family member had a good experience 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: Tax reports included|Economic calendar
Cons: Minimum deposit could be lower
Tried to withdraw my funds from BinaryShellHub and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Cons: Blocked my account|No legitimate license|Fake returns
I found BinaryShellHub through a financial advisor 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: Social trading features|Reliable uptime|Fast execution|Professional team
Cons: No live chat on mobile
BinaryShellHub seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Dividend tracking|Copy trading available|Low minimum deposit|Detailed reporting
Cons: Help articles are sometimes vague|Account statements could be more detailed
BinaryShellHub had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Smooth onboarding|Segregated accounts
Cons: Email notifications too frequent
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. BinaryShellHub recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Low minimum deposit|Easy withdrawals|Market news feed
Cons: Desktop app not available on Linux|Limited social trading features
Customer support at BinaryShellHub seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Social trading features|Dedicated account manager
Cons: Limited social trading features
The reporting at BinaryShellHub is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Dividend tracking|Clean UI
Cons: Desktop app not available on Linux|Limited demo account features