VIPBinary Review

Min deposit: $ 250,00|Open Demo Account

Overall Rating: Rating: 1

Option Industry has gone through some dramatic growth in 2011 when a lot of people are switching from Forex to Options. VipBinary is just another broker who arrive in the booming 2011. Follow is our full VIPBinary Review, please read on if you are going to open an account with them.

VIPBinary uses 100% web-based trading platform, they choose SpotOption as their platform, therefore you could expect a solid platform. As other SpotOption platform, there’s quite wide range of assets being offered, however the rate of return sucks, maximum return is marely 75% which’s considered low in Binary Options industry. Typically for most assets, their returns are at the rate of 66% to 71%, which’s obviously very low. We would need 2 wins out of 3 to make some profit with VIPBinary. Even though, could you withdraw your profits with VIPBinary? Read on.

VIPBinary complaints and VIPBinary withdrawal problems

I had an account with VIPBinary for a few month, the first month, everything seems going smoothly, I make some decent profit. After I pull off consistent profits every week, bad thing start to happen, they widened their spreads, slippage to their favor when executing trades, it makes it almost impossible to trade really. I decide to close account with them, I’ve had $4081 in that account after riding from $200, after 2 weeks requesting withdrawal, I’m able to get back $200, but the $3881 is absolutely gone to dust until now. It has been 2 months, they don’t even return calls or emails. Given that circumstances, I recommended you stay away from this broker if you don’t want any trouble.

For more reliable binary options brokers, please read reviews, rating on our home page Binary Options brokers review You could always find out list of best Binary Options brokers to stick with instead of the unreliable one. If you are from US, you could find list of US binary options brokers.

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VIPBinary

Rated 1.2/5 based on 412 Reviews
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David Wilson
Customer Reviews
Posted by KIm
September 8, 2012 at 10:43 pm

Don’t touch this broker. I lost $$$ with them. DAMN!!!

Posted by Etoo
September 16, 2012 at 12:31 pm

this broker is a crook! Get away from them

Posted by Kif
October 13, 2012 at 9:07 pm

I freaking lost hundreds with them. When I open my account, someone call me right away offer bonus and all, I accepted the bonus but then I want to cancel it, I couldn’t.. I don’t want any string attached with the bonus. Damn.. Now I couldn’t contact them

Posted by Michael Walker Rating: 5Rating: 5Rating: 5Rating: 5Rating: 5
October 29, 2012 at 9:03 pm

Actually Vipbinary is a great binary option to trade, specially if you dont have a alot of experience. i made alot $$$ with them and i recomend them 100%. 🙂

Posted by Ashley Jones Rating: 5Rating: 5Rating: 5Rating: 5Rating: 5
November 1, 2012 at 3:09 pm

VIP Binary doesnt have any withdrawals problems, i been working with them for about 6 months now and i have made 2 withdrawals without any problems at all.

Posted by Linda R
November 20, 2012 at 6:32 pm

Yep, they are a scam. I deposited $400 and made over $1000 when I tried to withdraw it they said it was approved and credited to my bank account but it never was deposited. I asked them for the transaction receipt and got the excuses that they would look into it. I never heard back. I still have another $600 sitting there and I know I can consider it gone too….. What a mistake I made thinking I was going to make money… Never again…

Posted by Michael Walker
November 26, 2012 at 8:13 pm

Linda R

i dont think you did a wire transfer for 400, it is more likely you use your credit card, that why i recommend you to check your credit since the way VIP Binary works is that refund your money same way you deposit, and i never had a problem doing withdrawals from VIP Binary.

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