While we don't verify specific claims because reviewers' opinions are their own, we may label reviews as "Verified" when we can confirm a business interaction took place. Read more

To protect platform integrity, every review on our platform—verified or not—is screened by our 24/7 automated software. This technology is designed to identify and remove content that breaches our guidelines, including reviews that are not based on a genuine experience. We recognise we may not catch everything, and you can flag anything you think we may have missed. Read more

Company details

  1. Educational Institution

Written by the company

Binany is an online trading platform that provides users with access to binary options and digital trading instruments. The platform is designed to offer a user-friendly interface, fast trade execution, and a range of assets including currencies, commodities, and cryptocurrencies. Binany focuses on delivering a streamlined trading experience for both beginners and experienced traders, with features such as demo accounts, analytical tools, and flexible trading options.


Contact info

3.8

Great

TrustScore 4 out of 5

20 reviews

5-star
4-star
3-star
2-star
1-star

How this company uses Trustpilot

See how their reviews and ratings are sourced, scored, and moderated.

Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 2 out of 5 stars

Very important review.

I had an overall bad experience with this company. Bad broker, worst spread you can have, way to low leverage to be able to make any big profits from my personal trading strategy (smart money).

They said they would contact the broker and ask why my trades dont trigger, but ofcourse they actually didn't do it. I got no response, nor no compensation for their lies. I recieved the account on a afternoon, past london & ny session. That's a full trading day missing out on trades. It feels like they set up for the worst scenarios for you so they can take your money.
Big red flags, they have reviews from relatives, dodging the fact that I find it really schetchy that they use relatives to get better reviews. I do not recommend this company at all.

- Quick account acces on the 50k one.
- Fast responses on both mail and instagram.
- Lack of service, no kind of regret,compensation and they lack that kind of customer service. Bit too much in it for the money.

14 June 2021
Unprompted review
Rated 1 out of 5 stars

There rule is slavery.

There rule is slavery.. you get to make only 1% on every trade you place...and you get to pay them $400 every month and still split 50-50 with them... This is real slavery... You get to keep very little money for your efforts.... Real slavery, I wouldn't advise anyone to go for this

29 March 2021
Rated 5 out of 5 stars

I’ve just joined the paradigm funded…

I’ve just joined the paradigm funded scheme. I got the 50k account, as I personally wanted a challenge to grow the account which you can’t do on the 25k account. Maximum leverage is enough to make good profits if you know what you are doing. Having a large margin definitely makes it easier. The way the account is set up is good as it should help anyone on the program become a more disciplined trader.
All in all I’m very happy I would definitely recommend it to anyone who’s ready to advance to another level in the trading game .

26 March 2021
Rated 1 out of 5 stars

It a scheme

It a scheme, leverage and lot size to smalll. No good moves to catch and make enough money to hit your tp in a month so you pretty much be paying them to use a real account that’s makes 50$ a day max. Don’t do it guys wasted a month of watching chart ya and catching moves . Caught cheat ones just did make much profit . 1/10

16 February 2021
Forex Paradigm logo

Reply from Forex Paradigm

Hello Kyle,

Thank you for your review.

Trader payouts/withdrawals are presented on the homepage of our website 'forexparadigm.com'.
You just have to click on "Payouts" to view them all.

If what you said about the trading conditions was true, then withdrawing would be impossible.

Many of our traders withdraw funds within 1 week with ease.

Rated 5 out of 5 stars

Best FTMO

I recommend this for all forex traders especially new ones this is because now you have more capital to trade with and can practice and make money from. I absolutely love Forex Paradigm. Looking forward to payout

20 December 2020
Unprompted review
Rated 5 out of 5 stars

The whole idea of Forex Paradigm is…

The whole idea of Forex Paradigm is subscription based trading, so I don’t understand the complaints about this. If you are profitable then you can pay the subscription with your profits, they never charge you automatically anyway. You make the payments manually every month. And if you don’t want to trade for a while, you can avoid paying and your account will be there when you decide to trade again. If you can prove your profitability the subscription fee will be removed.

20 December 2020
Unprompted review
Rated 5 out of 5 stars

Excellent Service

I love the program so far, I have been with this company since September. I have managed to withdraw almost every month. Their broker is one of the best I’ve seen in the industry, 0 commission and low spreads. Definitely recommend.

20 December 2020
Unprompted review
Rated 5 out of 5 stars

Great Experience

Ali A
Leverage:
The leverage is perfect for me. It made me a disciplined trader, now I have no choice but to risk 0.5-1% per trade, which is great (and enough on a $50,000 Account). This has increased my profitability as well

Profit Target:
I withdraw at least twice every month. It’s not too difficult. All you need is 5 winning trades if you have a 1:1 risk to reward ratio. Which I’m sure most profitable traders use at least 1:2. Now I’m looking forward to increase my capital

Broker:
The broker is amazing. The spreads are very low and there is no commission. I couldn’t ask for more

Loving the program so far

20 December 2020
Unprompted review
Rated 1 out of 5 stars

Unrealistic

Leverage set at 1:3 means you’re limited to a total lot size of 0.90 being placed on a $50,000 account. Having massive movements in the market is the only way to generate any decent profit. Trades auto close over the weekends leaving no room for long term trades. This would be useful for scalpers and thats it. Even then, the time taken to generate $5000 of profit to be able to make $2500 is gonna be lengthy. Spreads are poor, swap fees are borderline extortionate. To put it into context. Using my own signals and my naga live account which is funded with around £11,000 I generated £3,400 profit last week. The same trades placed (where I could) on my account with these guys generated £2.40 profit. This was after the open swing trades were closed at a loss, the swaps and the spread impact. £300 to get access to a funded account, haven’t been able to confirm legitimacy of the withdrawal process as despite 6 hours a day for 4 weeks I’ve generated only £200 profit. Nowhere near enough to withdraw and that’s based on a 90% trade success rate. It would take me almost a year to generate the amount needed to withdraw by which point id have paid over £4000 in subscription fees alone.

Great in principle but I struggle to see how anyone can ever make anything from this......other than you guys.

I’d love for you to comment back with the percentage of people who continue their subscription after month one....my bet is anyone with common sense sees it’s impossible to profit and stops after one month. Like I have.

20 December 2020
Forex Paradigm logo

Reply from Forex Paradigm

Hello,

Thanks for your feedback.

Most of our trades have been with us since the start of this program. And many traders withdraw within 1 week. Some withdraw multiple times per week. We provide all payouts on our Instagram (and our website soon).

The 1:3 leverage is what makes this program possible. With this leverage, you can risk 1% per trade. That is the recommended risk percentage by the most successful and disciplined traders. To reach the 5% withdrawal target, you only need 5 winning trades!

We clearly mention on the website that no trades can be open during the weekend. This is because of the huge spikes in prices after the market opens.

Our spreads are one of the best in the industry, the spreads are never above 15. This feedback was very unfair and misleading. Considering you are our only negative review so far, I can confirm that the program might not have worked for you - but it sure isn't the same with other traders.

"I struggle to see how anyone can ever make anything from this......other than you guys." THE FUNDS ARE REAL, IF YOU LOSE - WE LOSE.

Rated 5 out of 5 stars

Legit company

Legit company, I ordered an account and received it within 24 hours. It was a live account and not demo. However for my trading style the spreads were too high so I requested a refund and got one again within 24 hours. Very good customer service with quick replies.

20 November 2020
Unprompted review
Rated 5 out of 5 stars

All good

Real account within 1 day of work, good broker and good support, definitely an alternative for all others founding accounts

9 October 2020
Show reviews in all languages. (20 reviews)

The Trustpilot Experience

Anyone can write a Trustpilot review. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.

Companies can ask for reviews via automatic invitations. Labeled Verified, they’re about genuine experiences.

Learn more about other kinds of reviews.

We use dedicated people and clever technology to safeguard our platform. Find out how we combat fake reviews.

Learn about Trustpilot’s review process.

Here are 8 tips for writing great reviews.

Verification can help ensure real people are writing the reviews you read on Trustpilot.

Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.

Take a closer look