Logo
777binary-review-logo-rebates-cashback-pforex.jpg
Company Information
https://pforex.com
Moving Account
For more information, contact us
Rebate & Cashback
For more information, contact us
Min Deposit
200
Foundation Date
2011
Headquartered
UK
Max Return Rate
85
No of Assets
29
Min Trade
$10
Regulation & Company Information
Regulations
Well, the live news feed is a good thing and they use the Spotoption platform which is user friendly and reliable. The asset range is wide enough (82 assets) so that gives the trader enough choices. However the best thing I could find is the real time chart with the possibility of adding technical indicators. I wonder why I am so glad when I see something that any broker should offer, but a fact is a fact: binary brokers usually don’t offer technical analysis tools and when I see ones that do, I must commend them.
I can get over the fact that this broker doesn’t bring anything new to the table, but what I can’t accept is the fact that so many things are broken or not functioning how they should. What should I begin with? Oh, I know: their daily market review is…from the 14th of June 2012. But don’t worry, they compensate with the Weekly review; that’s more “fresh”, it’s for the July 16 – July 20 2012 week… really helpful, right? The “Frequently Asked Questions” section is messed up too: when I click on a question I get the wrong answer and this happens in more than one case.
Company Information
For example, when I want to know where to find a list of each asset’s trading hours, they answer me that all times shown on the website are GMT. It’s pretty close because both are questions related to time, but come on…did they even check the FAQ section before posting it?
All those weird answers are actually pretty funny if you don’t think about the fact that they want you to trust them with your money. That’s when laughter could turn to tears. The payout they offer is up to 97%…or 79%…or 75%. I am not sure, because in the picture shown on home page they advertise 97% and on the video found on the right side of the page they say “up to 75%” but show 79%.
Since I was getting confused, I tried to talk to their customer support representatives to get some help. What do you know, the Live Chat is “…currently not available”. Overall, the website makes me think that they totally disregard their customers and really don’t care about anything else that getting the client’s money.
Platforms
Now, I can’t say that they are a “scam” because I have no evidence of that, but they seriously lack any form of professionalism. They are not regulated, but then again, regulation is rare in this industry so that fact alone doesn’t make them scams.
In their “About Us” section they inform me that 777Binary is operated by Zonit Enterprise Ltd, Cyprus and a Google search for the terms “Zonit Enterprises, Cyprus” returns results related to VipBinary. I couldn’t find exact information online, but it seems to me that the two brokers are somehow related…and VipBinary is not really one of the most respectable brokers.
I didn’t have to look hard for complaints because once I entered the terms “777Binary complaints” in a Google search, a bunch of complaints started to appear.
But it seems like for every angry customer who claims he can’t withdraw someone always shows up saying that he can do it and that 777Binary is very profitable and helped him make thousands of dollars and withdraw them successfully. This smells fishy to me and the fact that the name VipBinary pops up when I search for 777Binary is again a worrying fact.
Supported Language
- English
Withdrawal Method
- Credit Cards
- Wire Transfer
Contact Information
You can contact 777binary.com with [email protected]
Adavantages
I can get over the fact that this broker doesn’t bring anything new to the table, but what I can’t accept is the fact that so many things are broken or not functioning how they should. What should I begin with?
Oh, I know: their daily market review is…from the 14th of June 2012. But don’t worry, they compensate with the Weekly review; that’s more “fresh”, it’s for the July 16 – July 20 2012 week… really helpful, right? The “Frequently Asked Questions” section is messed up too: when I click on a question I get the wrong answer and this happens in more than one case.