GreatBinary (great-binary.com) presents itself as a modern online trading platform, offering its clients a user-friendly interface, favorable conditions, and 24/7 support. However, after a detailed study, it becomes obvious that the company operates with clear signs of fraud.

The first warning sign is the lack of a license. Reliable brokers always operate under the control of financial regulators such as FCA, CySEC, or ASIC. In the case of GreatBinary, no license was found, which means that the company’s activities are not regulated, and clients are left without any protection.

It is also worth paying attention to the anonymity of the project: the site does not provide accurate information about the owners, legal address, and regulatory authority. This is a typical scheme of scammers who hide information to avoid liability.

GreatBinary trading conditions and dubious schemes

At first glance, GreatBinary offers attractive trading conditions: low spreads, deposit bonuses, and fast order execution. However, in practice, clients face serious problems.

Main complaints from users:

• Quote manipulation – trades are closed with a loss in favor of the broker.
• High hidden fees that are not warned about in advance.
• Unreasonable requirements for withdrawal of funds, for example, sudden “verifications” or the need to pay additional fees.

In addition, GreatBinary actively uses aggressive marketing, attracting traders with promises of quick profits. After registration, “analysts” start calling clients, convincing them to top up their account and invest a large amount. However, as soon as the money is transferred, the broker begins to create obstacles to their withdrawal.

Problems with withdrawal of funds

One of the main problems with GreatBinary is the inability to withdraw money. Clients complain that after making a deposit, the broker starts to come up with various reasons for refusing to withdraw.

Common schemes that GreatBinary uses:

• Refusal to withdraw under the pretext of “additional verification required.”
• Demand to pay “tax” or “insurance” before withdrawing. This is a classic scam.

Complete blocking of the account without explanation.

If the broker does not allow you to withdraw money or puts forward strange conditions, this is a clear sign of a scam project.

GreatBinary customer reviews

Reviews of GreatBinary on the Internet are mostly negative. Most users complain about the inability to withdraw money, inadequate platform performance, and lack of support.

On specialized forums, you can find many stories about how the broker lured clients with promises of high income, and then blocked accounts after replenishing the deposit. Many victims also note that after refusing to invest additional money, the broker stops communicating.

In addition, there are reports that GreatBinary uses fake positive reviews to hide real negative comments. This is a standard tactic of scammers trying to create the illusion of reliability.

Conclusion

GreatBinary is a broker with clear signs of fraud. The lack of a license, the anonymity of the owners, problems with the withdrawal of funds and a large number of negative reviews make cooperation with this company extremely risky.

If you do not want to lose money, choose only proven brokers with a license and a good reputation. Do not trust loud promises and dubious platforms that hide information about themselves.