Verdict up front: Binatex Trades (binatextrades.com, logo “BINATEX TRADE”) offers CFDs under a “Regulated • Secure • Professional” badge and promises insurance on client funds “up to $1,000,000”. The UK FCA warned about it on 24 July 2026. The domain was registered on 7 July 2026 — seventeen days before the warning.
| Website | binatextrades.com |
|---|---|
| Products | CFDs on forex, stocks, indices, commodities, crypto |
| Insurance claim | Up to $1,000,000 — no insurer named |
| Company / licence | None shown |
| Warning | FCA (UK), 24 July 2026 |
| Domain registered | 7 July 2026 — about 3 months old |
Seventeen days from launch to warning
The domain was registered on 7 July 2026. By 24 July the FCA had already published a warning. That speed usually means the regulator received complaints from people who were contacted or who paid.
Contacted by someone from Binatex Trades?
✎ FILE A COMPLAINT ABOUT BINATEX TRADES
Include the website, what you paid and any screenshots. Never send passwords or seed phrases.
The same kit as four others
Binatex Trades uses the template seen on 7Star Trade Options, Gainix Wave, Global Crest Markets and Apex Crypto Forex Tradings: the same insurance line, the same badge and the same risk warning. All five are on the FCA’s list.
Insurance with no insurer
“Industry-leading insurance protection for client funds up to $1,000,000” — but no insurer, policy number or scheme is named. Client-money protection in the UK only comes with FCA authorisation, which Binatex Trades does not have.
Name games
The domain says “binatextrades” while the logo says “BINATEX TRADE”. The name echoes well-known exchange brands without being one. That is deliberate: it makes search results look familiar.
⚠ Verified evidence
- UK FCA warning, 24 July 2026.
- Domain registered 7 July 2026, 17 days earlier.
- “Insurance up to $1,000,000” with no insurer.
- Template shared with four other FCA-listed sites.
How to check
Search the firm’s exact name and web address on the register of the regulator in your own country, and on IOSCO’s I-SCAN list. A real broker shows a licence number you can look up in under a minute.
What to do if you paid Binatex Trades
- Stop sending money — no “tax”, “release fee” or “upgrade” will unlock a withdrawal.
- Keep every record: receipts, wallet addresses, emails and chat screenshots.
- Call your bank or card issuer today and ask about a chargeback or recall.
- Report it to the regulator that issued the warning and to your local police.
- Ignore anyone who offers to recover the money for an upfront fee.
The verdict: Binatex Trades is a fresh copy of a known scam template. The FCA warned within weeks. Do not deposit.
Tell us what happened with Binatex Trades
✎ FILE A COMPLAINT ABOUT BINATEX TRADES
Include the website, what you paid and any screenshots. Never send passwords or seed phrases.
Sources, checked 2 October 2026: FCA (UK) warning via IOSCO I-SCAN (24 July 2026) · RDAP registration record for binatextrades.com · the live page at binatextrades.com, read in full. A regulator warning is not a court ruling. Educational content — not financial advice.
