BinakFX Added to Warning List by The Financial Commission

The Financial Commission, an external dispute resolution (EDR) body dedicated specifically to FX, announced that it has added BinakFX (Binakfx Global Trade Ltd) to its Warning List.

Concerned traders have notified the Financial Commission regarding the company BinakFX and its associated website. 

Upon reviewing the submitted information from potential customers of this broker, the Financial Commission has determined that the indicated company and associated website may be used to scam and defraud traders and investors.

As such, the Commission does not recommend doing business with this entity, either individuals purporting to represent this broker on social media and in private messages on popular messaging apps. 

Given this information, BinakFX will be placed on the Financial Commission's Warning List.