In 2016 there are well over 300 binary options brokers. You should avoid most of them.

Our Recommended Brokers – Legit

Broker ReviewsBlackList RatingEarly ExpiryAvg ReturnsMin Trade / DepositUSA?RatingsTrade Now
70-91%$24
$250
 
Varies$1
$250
 
81-91%$1
$250
 
150-180%$2
$50
 
85%$20
$200
 
70-90%+$1
$20
 
84%$1
$250
 
70-81%$5
$200
 

The Blacklist – Brokers To Avoid

BLACKLISTEDRatingEarly ExpiryAvg ReturnsMin Trade / DepositRatingsSee Warning
65-75%$25
$250
 
65-75%$25
$200
 
70-81%$25
$200
 
75-81%$10
$100
 

Helping you avoid the scam brokers and find the legit ones is why we created the trader driven Binary Options Blacklist. We welcome you to our virtually ‘no holds barred’ ratings, comments and broker reviews website.

Binary Option Scams, Ripoffs, & Bad Trading Sites

If you have been burned by a scam broker the past then know that you are not alone. The binary options industry is rife with allegations of cheating, stealing and outright scamming. We encourage trader driven comments and ratings so you can get real information before risking your money. We wanted a resource traders could trust where they could find links to relevant information and reviews and comments both good and bad. You can find that here and more. The “BOBL” serves as an uncensored comments, ratings and reviews website. You will see when you start browsing the comments below.

Approved – A green badge means this is a broker that we trust. We would and or do trade with today. These are the current leaders of the binary options industry, & where the majority of traders are trading today. They have a positive reputation in general, a track record of integrity, fairness and competitive returns. We feel most confident trading binary options at these sites.

 

 

Use Caution – A yellow badge means that we have not done enough research to decide on this broker yet. This is a broker that has been recommended by others as a place to trade. There was not enough info to make an informed decision about the broker to rate them green or blacklisted. Comments and trader reviews highly encouraged on yellow rated sites to help educate everyone and update our ratings.

 

 

BlackListed – When a broker has the blacklisted red badge this means that we would not trade there. There is enough negative information found through our research that we decided this is not a binary trading broker that we would feel comfortable depositing money at. Since we would not deposit our money there, they get the Black List badge.

Binary Options Trading Sites Listings – How We Get Our Top List

BinaryOptionsBlacklist.com was created to act as a place to let actual traders openly rate, comment and review binary option brokers. Reviews from traders for potential traders. This is designed to help you quickly find the good brokers from the bad. Start with one of the recommended binary options brokers above. The short list of quality binary options brokers make up some of the most reputable and popular binary options brokers online in 2015.

Scam Brokers and Claims of Fraud and Theft – What Is Really Going On

You can lose money trading binary options. Most traders do.

A lot of people can not control themselves and lose a lot of money. They get pissed and they blame someone else. They come here to tell you about it.

Take the negative reviews, scam complaints and pissed off comments with a grain of salt because people are more likely to leave a negative review than a positive one.

Even on our list of honest and legit approved brokers. Now, that is not to say that there are not bad brokers. There are! That is why you need to read the independent reviews, comments and ratings.

Losing money in trading is not unique to binary options trading. It happens in FOREX, stock markets, futures and real estate all the time.

Independent Binary Broker Reviews – Comments and Ratings From Traders

We operate under section 230 of the Communications Decency Act which allows us to host a platform for independent 3rd party comments that we are not liable or responsible for. Learn more here.

You should assume that any of the external links could result in earning this site income. This is one of the ways I have been able to share my research in the growing niche of binary options. Trading binary options involves high levels of risk. Never risk more than you can afford to lose. This site is for entertainment only and offers no trading of any kind. By use of this site you agree to hold us harmless for any and all loss as well as obeying all applicable laws. Binary options have a high level of risk and you can lose your entire investment. Never deposit more than you can afford to lose.

We do not endorse, condone or represent any of the comments below. Our comments go unmoderated (for the most part other than obvious shill and spam) so take all comments with a grain of salt. DO YOUR OWN DUE DILIGENCE and KNOW WHAT YOU ARE GETTING INTO before depositing!

Never deposit more than you can afford to lose. We wish you the best of luck on your trades!

*NO links in your comment if you want it to be auto approved and published. Any link will automatically send the comment to the spam filter. Sorry!! But the spammers are relentless.

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1155 Comments on "The Binary Options Blacklist – Trader Driven Reviews & Ratings"

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rashpal singh
Guest
rashpal singh
8 hours 57 minutes ago

!!!!! Watch out for 72 option, they are probably the biggest scammers out there. Very deceptive, lying, misleading, wont return all of my money after they guaranteed my investment. !!!!!

 
Jake
Guest
Jake
17 hours 38 minutes ago

UK Options won’t pay out, been waiting for weeks and now they won’t answer emails or say someone will contact me when I phone and they don’t. Any info on them please?

 
Chris
Guest
Chris
13 hours 38 minutes ago

Not surprised to hear this check them out on scamadviser.

 
Eileen
Guest
Eileen
1 day 10 hours ago

anyone know about QBits or GTO Options?

 
Chris
Guest
Chris
18 hours 39 minutes ago

Low trust rating in scamadviser

 
Gary
Guest
Gary
1 day 16 hours ago

any good broker for Binary trades?

 
David
Guest
David
2 days 6 hours ago

Has anyone dealt with protradeoption, it’s was protradeoption, they switched there name to onestepoption. Is it a scam?

 
Chris
Guest
Chris
18 hours 41 minutes ago

You can check it out in scamadviser but anyone who changes their trading name is dubious to me!

 
binaryoptionsblownapart@outlook.com
Guest
binaryoptionsblownapart@outlook.com
2 days 14 hours ago

Seems to me you don’t ‘blacklist’ anything – I keep telling you about UK Options but there is no review on it yet. There are several comments about Bank de Binary but you are still recommending them. Why is that?

 
Peter Baron
Guest
Peter Baron
3 days 9 hours ago

EXTREMELY DANGEROUS: Add BANC DE BINARY to the black-list. They completely fooled a friend of mine. This just happened. He has all trades documented. i.e. 50 bets in a raw. €5000 each – within minutes. 30% in the money. What to do???

 
Mark
Guest
Mark
3 days 12 hours ago

Binary online
Anyone dealt with them

 
Peter Baron
Guest
Peter Baron
3 days 9 hours ago

Mark. I have traded B.O. fore some months. It’s extremely hard to make it profitable. You have to put in hundreds of hours reading, watching video tutorials and "paper-trade". Still – very few make it. Go for "traditional trading". Forget Binary Option.

 
Bruce
Guest
Bruce
3 days 21 hours ago

Has anyone traded with 99Binary?

 
peter
Guest
peter
4 days 3 hours ago

you can make a lot trading binary options when making use of the best trading signals and strategy

 
peter
Guest
peter
4 days 3 hours ago

can someone teach me how to trade

 
binaryoptionsblownapart@outlook.com
Guest
binaryoptionsblownapart@outlook.com
5 days 14 hours ago

How come Traderush is on your recommended broker list when it has a low trust rating on Scamadviser?

 
Trevor
Guest
Trevor
6 days 15 hours ago
UBO Capital continues on with its Rip off scam. They locked away my funds in an unauthorized Long term trade and refuse to release the funds. But claim that I cant withdraw until I reach their Withdrawal limit. How can I reach the withdrawal limit when I cant trade my own funds and their so called Professional Broker Samantha Novac wont trade them either. Suggesting that she doesnt make enough on these piddley little accounts. of 2 grand? She didn’t like it when I made more money then she did and so she locked away my funds. Very professional. I… Read more »
Kholoud
Guest
Kholoud
7 days 11 hours ago

Have anyone heard of binary uno ? Are they legit or a big scam ??

 
Margaret
Guest
Margaret
7 days 14 hours ago

Has anyone heard of options rooms.They said that they could reclaim my losses that I had with other brokersThey said that I would have to pay them money and it would be back in my bank in a week.when I looked at my statement they had taken 1,000out of my debit card and had used two different brokers.can anyone advise me pls

 
Noel
Guest
Noel
7 days 22 hours ago
Having had prior nasty experience with OptionFM, it is not surprising that, after previously declaring their main address in Hong Kong (which was know to be false, and declared so by the Hong Kong Futures and Securities Commission), and having so prominently touted on their revamped web site that they were licensed by the Belize International Financial Services Commission, they have now dropped that claim (because they are no longer licensed), have apparently distanced themselves from their previous parent company, BO Technologies, and have scurried off to another tax free (but not fraud-free) tax haven in St Vincents, under a… Read more »
binaryoptionsblownapart@outlook.com
Guest
binaryoptionsblownapart@outlook.com
6 days 17 hours ago

UK Options, another scammer are also based in St Vincents while purporting to have a London office. Strange bow the time on their website was never in GMT time zone though! They still advertise on twitter as if they are a legit broker as well.

 
Adam
Guest
Adam
8 days 11 minutes ago

Has anyone head of binaryonline.com if so are they any good

 
khumbudzo
Guest
khumbudzo
9 days 18 hours ago

Hi all does anyone know anything about option365.com

 
M Saad
Guest
M Saad
10 days 5 hours ago

Hi
dear all
does anyone know about Pandaoption binary option firm?
I have tried to deal with them while they have did some nasty deceiving acts
this is to make a friendly warning from it
best wishes to all

 
suzi
Guest
suzi
10 days 12 hours ago

23 traders scambags for sure!!! When u ask for withdrawal or close ur account they lie just to make you lose all money in account so it is impossible to close it and transfer ur money back…!!!! Scamers!

 
jane
Guest
jane
10 days 12 hours ago

23 traders is a scam! Be aware! Cleared all my account!

 
binaryoptionsblownapart@outlook.com
Guest
binaryoptionsblownapart@outlook.com
10 days 10 hours ago

If you paid yourdeposit by credit card ask your card provider for charrgeback.

 
Jackie
Guest
Jackie
15 days 4 hours ago

Can anyone tell me if Optionsxo is legit before i start investing. thank you

 
jerry
Guest
jerry
14 days 22 hours ago

Yes. they was my first broker. they do charge withdrawal fee tho

 
binaryoptionsblownapart@outlook.com
Guest
binaryoptionsblownapart@outlook.com
15 days 19 hours ago

UK Options are looking at the paygap in the UK – Why? They are based in Rep. of Ireland and registered owner is in Phoenix, USA – they could pay back all the money they are sscamming – that would close the gap considerably!

 
Rizwan
Guest
Rizwan
17 days 20 hours ago

Request for Guideline
Hi Dear,
Please guide me,
Which one auto trading software and Islamic Halal account with regulated broker used in Pakistan ?
I am waiting your positive reply.
Thanks
Rizwan
Pakistan

 
Peter Baron
Guest
Peter Baron
3 days 9 hours ago

Hey Rizwan. I say it’s harder to stay in the money with a "robot". I have tried some – they were very tricky to work with. Learn, learn, learn. And find yourself a solid broker. BANC DE BINARY is one of the worst scams that are out there. Check with your government financial departement. They have black-lists.

 
Geof Kirby
Guest
Geof Kirby
18 days 10 hours ago

Michael Wedmore & David Campbell’s Trianasoft ticks all the boxes for on-line scamming. They are Orlando based but need to use an uncontactable bulk email provider working out of Gibraltar called unlimited-emails.com. Their persistance in sending up to 20 emails per day puts them on the same level as a dose of gonorrhea. I referred them to the Orlando attorney-general earlier on this year but they seem to started up again.

 
Jim
Guest
Jim
18 days 10 hours ago

Why are none of the brokers that people complain about in here actually blacklisted. What has to be said to get OptionFM blacklisted?

 
binaryoptionsblownapart@outlook.com
Guest
binaryoptionsblownapart@outlook.com
17 days 16 hours ago

Hi Jim, not enough people check scam review sites before signing with the scumbags. I am doning all I can to make sure UK Options are on all the scam sites. eg Scamadviser, scambusters, ripoffreport, tradersreview is-scam to name a few.

 
binaryoptionsblownapart@outlook.com
Guest
binaryoptionsblownapart@outlook.com
18 days 19 hours ago

It’s not about giving up – it’s about whether you can get your money when you want it. Name a broker that pays out on time and I will invest!

 
jerrykanec@gmail.com
Guest
jerrykanec@gmail.com
14 days 22 hours ago

optionXo usually give options to close the trade before expiry. I can’t be so sure now as I’ve not had an account with them in over 8 months

 
binaryoptionsblownapart@outlook.com
Guest
binaryoptionsblownapart@outlook.com
20 days 17 hours ago

So is Jake Evans from UK Options! You have been warned!

 
sam jackson
Guest
sam jackson
20 days 18 hours ago

if this name sound familiar then you are probably being scammed – GARY RAY from binadroid..HE IS A BLODDY INDIAN….ASSHOLE

 
lol
Guest
lol
17 days 7 hours ago

sam jackson respect indian . you are asshole

 
Hopeless
Guest
Hopeless
22 days 7 hours ago

Can anyone please tell me if they have been able to withdraw any money from BinaryUno?

 
binaryoptionsblownapart@outlook.com
Guest
binaryoptionsblownapart@outlook.com
22 days 21 hours ago

Do you ever wonder where the money comes from? To be able to pay anyone someone has to lose! And it won’t be the brokers! If you brilliant people are winning thousands every month – that’s a lot of losers!

 
David Howell
Guest
David Howell
23 days 9 hours ago

WMOption are scam brokers. After trying for 3 months to withdraw my balance they say I never deposited with them in the first place!

 
Don Harward
Guest
Don Harward
23 days 9 hours ago
Capital Bank Markets will not allow withdraws. Four of us joined at about the same time. We all did well. I took $2K out to nearly 50K. Looks great on paper, but then the broker placed me into three long term trades, an action I told them not to do. They added a bonus to my account for what reason, I do not know. That bonus prevents one from withdrawing your "Real" money. Several others in our group who did not receive bonuses have requested small withdraws. $5K, 10K, $10K. None of the withdraws have happened. Just excuses and unanswered… Read more »
ricky
Guest
ricky
23 days 17 hours ago

Anyone out there ever traded with spotfn? I believe I’ve just got ripped off. They told me that in order to get my money back I need to pay the merchant and international tax. I’ve spent well over $3000AUD and they still ask for more.

 
SYC
Guest
SYC
24 days 9 hours ago

Is there any way to get my money back from these scam artist anyone have any advice

 
binaryoptionsblownapart@outlook.com
Guest
binaryoptionsblownapart@outlook.com
23 days 15 hours ago

If you paid by credit card check with your provider you may be able to get chargeback.

 
SYC
Guest
SYC
24 days 9 hours ago

Stay away from Trades Capital i just got scammed out of a lot of money

 
Craig
Guest
Craig
24 days 10 hours ago

Stay away from OFM think I’ve just been scammed by a rogue trader John Stern put in 5250 USD they gave me over a 1000 USD in bounce and lost it in matter of minutes account down to 350 USD left in account not happy these guys are so full of crap

 
Noel
Guest
Noel
7 days 22 hours ago
These guys are crooked from top to bottom, and if you trawl the web and talk to other "customer-victims" you will find a common enough pattern of deception, loss of your money, referral to "recovery managers" who ask you to trust them to trade some more, with more of your money, to recover your position. And when things go belly-up, expect long periods of contact avoidance and delay, being passed from one "manager" to another, and, if you get far enough, being contacted by one of their legal department representatives who doesn’t even disclose their surname. They avoid their serious… Read more »
Cornshaft
Guest
Cornshaft
24 days 20 hours ago

Despite my numerous warnings about UK Options, a gang of thieves led by the now notorious Sean Park, traders are still being sucked in by them, as shown the recent complaints posted on many review sites. To better perpetrate their dirty scams, they have partners with some equally notorious scam signal providers, the latest being Neo2, which is the same dud software as Mile’s Auto Trader under a different name. So watch out for this unholy alliance between two crooks and scoundrels, Sean Park and Michael Scumbag Freeman.

 
binaryoptionsblownapart@outlook.com
Guest
binaryoptionsblownapart@outlook.com
23 days 15 hours ago

And not forgetting Jake Evans who is mysteriously invisible on Skype once you ask for money back!

 
scammedbybsd
Guest
scammedbybsd
4 days 4 hours ago

did he by any chance make up wierd excuses in between like he is sick or his wife is pregnant or delivering a baby or that he has some nerve disease? i want to check if we both have been scammed by the same guy or not

 
Frank
Guest
Frank
25 days 15 hours ago

So with all these scams being mentioned below, are there actually any legitimate binary options softwares out there please? I thought Traders Revenge, Neo2 and Copy Buffett were all legit, but I’m now starting to realise that they’re not.
Thanks,

 
binaryoptionsblownapart@outlook.com
Guest
binaryoptionsblownapart@outlook.com
23 days 15 hours ago

I think the answer to that is an emphatic NO!

 
binaryoptionsblownapart@outlook.com
Guest
binaryoptionsblownapart@outlook.com
25 days 9 hours ago

Think the answer to that is no.

 
Cornshaft
Guest
Cornshaft
28 days 14 hours ago

Watch out: UK Options is one of the most notorious scam brokers around. Despite my numerous warnings on different review sites, traders are still being sucked in by this gang of dirty thieves. Even regulated brokers are not beyond suspicion as scammers, such as Digital Forex, who simply refuse to answer your emails, which talk about withdrawals. And email seems to be their only means of communication; their chat service is NEVER manned.

 
dawood ahmad
Guest
dawood ahmad
28 days 19 hours ago
i would like to inform every body that after 6 months with pwrtrade ( power trade ) i finally can confirm that they are scam company they stole are 48000 USD from my account. i started with 16000 and after i reached 48000 USD , they enter to my account unauthorized and trade with all the money on 60 sec trades (500 each) and open over 90 trades and lost most of the money. this happened after i requested 8000 USD withdrawal.on 19 and 20 july. tunefully 16000 USD balance due to some win trades i complained to them and… Read more »
clarkkevin
Guest
clarkkevin
29 days 5 hours ago

Has anyone out there, who makes profit with Borris Asher or Iseatobut?

 
GL Tier
Guest
GL Tier
4 days 5 hours ago
Hello Group, Yes, like Jim, I’ve been scammed by Borris. I too was never told about the $4500 minimum to deposit. I even asked Borris about this before I purchased the software and he assured me there was nothing else to deposit. Well, after I made initial $700 purchase for software , sure enough ISEAutobot replied that I needed to make this deposit of $4500. I immediately demanded Borris to return my money and he said "not to worry, and that he would take care of this". He then stated that ISEAutobot would take care of this. This was after… Read more »
Jim
Guest
Jim
24 days 9 hours ago

I signed up with ISEAUTOBOT only to he then told I had to give them my broker username/password and £4500. At that point I decided not to. Still trying to get my initial $500 USD.

 
Paty
Guest
Paty
20 days 13 hours ago

You mean 700$? Please report. Anyone knows anything about Borris Asher and Iseautobot?

 
Jim
Guest
Jim
18 days 10 hours ago

Sorry, yes $700, £500 stay clear, it’s a scam. Boris Asher said nothing about the second payment before I paid the first. Apparently "forgot" to mention it.

 
Jim
Guest
Jim
18 days 10 hours ago

Sorry, yes $700, £500 stay clear, it’s a scam.

 
Paty
Guest
Paty
15 days 7 hours ago

Thank you, Jim
Did you get your money back? In what way do you think you will succeed?

 
Jim
Guest
Jim
14 days 6 hours ago

No, didn’t get my money back. I got an email saying their "finance department"!would be in touch but nothing. The only way I’ll succeed is carrying on with my day job. I’ve found a great Forex group and they are really genuine people with a solid EA and daily signals. Fantastic customer service and forum. Unheard of in this industry I know. I’ve been with them 6 months, learnt a lot on their forums. Reminder to all – STAY CLEAR OF OPTION.FM and BORIS ASHER.

 
kenneth
Guest
kenneth
1 day 11 hours ago

can you please recommend that Forex group?, i would like to join too

 
jerrykanec@gmail.com
Guest
jerrykanec@gmail.com
14 days 21 hours ago

Never autoTrade! even if you follow signals, never give out your account details to anyone. I learnt the hard way. if you’re hardworking and willing to learn you’ll make great profits down the lane on your own!.
Binary is not that hard! After losing money with auto-traders i went back to demo accounts to learn.

Also, always make time to research brokers before you sign up with them. If you have any other questions i’ll be willing to help

 
Deidre
Guest
Deidre
7 days 11 hours ago

Hello, have you heard of binaryoption.com and the canter exchange? Thank you .

 
Brian
Guest
Brian
29 days 6 hours ago

Anyone out there who is happy with banc de binary

 
cheryl
Guest
cheryl
2 days 23 hours ago

Read my comment Brian

 
cheryl
Guest
cheryl
2 days 23 hours ago

I have just been wiped out by Banc de Binary, I am still in a state of unbelievable shock. After all the promises and positive speak from my senior consultant Victor, he ensured that on Fri we were going to double my money. 10 trades later, and not one looked like it even had a hope in hell. I lost EVERYTHING

 
Brian
Guest
Brian
29 days 6 hours ago

Is Banc De Binary a scam

 
Peter Baron
Guest
Peter Baron
3 days 9 hours ago

YES, YES, YES. A friend of mine was ripped off. 90.000 EURO. Just gone. In minutes. Terrible.

 
binaryoptionsblownapart@outlook.com
Guest
binaryoptionsblownapart@outlook.com
29 days 18 hours ago

If any of these names sound familiar then you are probably being scammed – Jake Evans, Anton Todd & Max Anderson. They have a habit of going invisible on Skype after they scam you.

 
binaryoptionsblownapart@outlook.com
Guest
binaryoptionsblownapart@outlook.com
29 days 18 hours ago

I think they are all scammers using the same tactics. UK Options took my deposit of £500 twice and when I tried to withdraw it stopped all communication. That was 6 weeks ago but they have the cheek to advise about fraud on Twitter. Biggest frauds ever!

 
David Maxwell
Guest
David Maxwell
30 days 15 hours ago

Max Options are the biggest scammers ever as every time i earned more than 30k and wanted to take out money they made trades that were going to lose money without my permission and then when i put in requests to withdraw what is left they don’t respond and then my account zeros so i can’t re-request withdrawals. Also all my account managers stopped responding as soon as i requested a withdrawal

 
nobby
Guest
nobby
30 days 17 hours ago

Peoplwdo not use 23 tradersjust been scammed by Mike Thompson

 
Venazu Lojeu
Guest
Venazu Lojeu
29 days 5 hours ago

Also with Andrea Alver! Scammers and liars!

 
nobby
Guest
nobby
30 days 17 hours ago

people do not use 23traders just been scammed by Mike Thompson from 23 traders

 
Nana
Guest
Nana
30 days 18 hours ago

Can any one tell me if U Binary in London is a genuine or a scam??? please need your all help

 
jerrykanec@gmail.com
Guest
jerrykanec@gmail.com
14 days 21 hours ago

If you’re in london, i recommend 24options

 
binaryoptionsblownapart@outlook.com
Guest
binaryoptionsblownapart@outlook.com
29 days 18 hours ago

Never heard of them but check if they are registered with or Cysec or any other regulating body. I think they are all scams going by the number of comments on here. Good luck!

 
Jim
Guest
Jim
14 days 6 hours ago

Does CYSEC mean anything? Option.FM are regulated by CYSEC but they scam people. Has anyone had any joy with CYSEC?

 
Noel
Guest
Noel
6 days 53 minutes ago
I have seen one of the "promotional" web sites purporting to give independent reviews of OptionFM note that they are regulated by CySEC but I have never found them or their original parent company (BO Technologies) on the CySEC list. OptionFM is also no longer licensed by the Belize IFSC, and has apparently abandoned BO Technologies (its parent company, registered in Belize) for a new company Artemis Technologies Ltd, based in the tax free Caribbean haven of St Vincent. All these corporate structures are just shelf companies that are part of the OptionFM sham (or should I say scam). You… Read more »
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