Wikilix
Licence record

Binarytradeoption licences

2 licences are on record for Binarytradeoption. None has been checked against an official register yet.

Back to Binarytradeoption
At a glance

Regulation on record for Binarytradeoption

Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.

Licences on record
2
Issuing authorities
1
From tier-1 or tier-2 authorities
2
Found on an official register
0

Binarytradeoption has 2 licences on record with Wikilix, issued by one authority across one jurisdiction. 2 of them were issued by tier-1 or tier-2 authorities — the regimes with the strictest capital, reporting and client-money rules. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.

Issuing authorities

Jurisdictions

Licence record

Licences on record

Every licence on record for Binarytradeoption, strongest authority first.

2 records
A licence we could not confirm, or one a register has closed, is listed with that finding rather than left out.
Protection

What this licence protects

CySEC's own rules for the firms it authorises.

  • Compensation schemeUp to €20000 (ICF)
  • Client money kept separate
  • Negative balance protection
  • Complaints routeCyprus Financial Ombudsman
  • Maximum leverage1:30
This describes the authority's regime, not how Binarytradeoption applies it.
Frequently Asked Questions

Questions about the licences held by Binarytradeoption

Answered from the register entries on this page.

Most Popular Questions
Binarytradeoption provides customer support primarily in English via live chat during business hours and email at support@binarytradeoption.com. No phone support or additional social media contact details are specified.
Binarytradeoption offers a maximum leverage of 1:1. This is significantly lower than typical retail forex leverage limits and may reflect regulatory restrictions or broker policy.
Binarytradeoption supports deposits and withdrawals via credit/debit cards, bank transfers, e-wallets, cryptocurrencies, and prepaid cards. Deposits are generally instant, while withdrawals may take up to one business day or longer for bank transfers. Fees vary, with some withdrawal methods charging fixed fees, such as $50 for bank transfers.
Binarytradeoption is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 247/14. It operates onshore in Cyprus and provides client fund insurance up to €20,000 through the Investor Compensation Fund. The broker complies with high transparency standards and is subject to regulatory oversight.
Binarytradeoption has 2 licence records with Wikilix, issued by one authority across one jurisdiction. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
Binarytradeoption holds licence records issued by CySEC. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
2 of the licence records held by Binarytradeoption come from tier-1 or tier-2 authorities (0 tier-1, 2 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the 2 licence records held by Binarytradeoption has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
Binarytradeoption has licence records in Cyprus. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.
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