Master Binary

Master Binary, operating as Mastertrade-Binary.Com, carries a WikiFX total score of 1.37 out of 10, reflecting significant concerns about its regulatory standing. The broker holds no valid forex trading license from any recognized financial authority, meaning it lacks oversight from a credible regulator. Combined with a business scope flagged as a suspicious operational region, the entity presents a high-risk profile. Traders should evaluate these factors carefully before engaging.

No, Master Binary is not regulated by any authoritative financial regulator. According to WikiFX data, its license list shows no valid forex licenses, and the regulatory index is zero. This means the broker operates without oversight from bodies such as the FCA, ASIC, or CySEC, which is a significant risk factor.

Master Binary offers four account tiers with minimum deposits starting at $50 for Account A, $100 for Account B, $500 for Account C, and $1,000 for Account D. The lowest entry point is therefore $50.

Master Binary does not publicly disclose which trading platforms it supports. According to WikiFX, no details on MT4, MT5, or any other trading software are provided in the account specifications. This lack of transparency is a notable concern for traders who rely on these platforms.