Binatex Review – Is it SCAM Read Honest Review For 2020

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Binatex Scam Review

Binatex is a new software offering innovative ways of controlling your Forex investments. But does Binatex really give you the best trading possibilities or it is just another Forex scam?

There was not enough information to make an informed decision about this system in order to rate them as a scam or a legit one.

We recommend you to OR find a Reliable Robot to trade with form the table below:

Table of Contents

Top Brokers with Demo Account:

Full Review

Binatex is a Forex broker established in 2020. This means that it has been more than a year they have entered the Forex trading arena. When doing a research on this broker to verify if they are legit or not, we could not find much information about them online. This is the reason we carried out a full-fledged investigation on them to find out if it is worth investing with this broker.

If you have come across this name and would like to learn more about them, read this complete review.

How To Trade with Binatex?

On the surface, it appears that Binatex is an easy to use broker. They look very friendly and professional. Even their website has been designed pretty well. But if you take a closer look, you will find certain things that will create doubts about this broker.

We have no idea about the trading platform Binatex operates on. Details about the trading process is missing from their website. Even vital information about this broker and the company that owns it are missing. We don’t think that the trading process is as smooth as they are trying to claim. Moreover, they have only about 50 assets available on their website.

How To Get Started?

Just like other brokers, traders have to complete three steps when getting started with Binatex. However, we don’t advice traders to sign up with them because we still have questions regarding their legitimacy. The details we have provided below is for information purpose only.

  • Sign Up – traders are required to fill in the required details in the sign up form.
  • Make a Deposit – the minimum deposit requirement is $250.
  • Trade – the process requires traders to choose assets, trading options and expiry times and then execute trades. While trades can result in profits, there are concerns regarding withdrawals.

What is the Cost?

According to the broker, it is free to sign up. But before traders can invest on assets, they have to make a deposit. The minimum amount required by Binatex is $250.

Is Binatex a Scam?

Binatex is possibly a scam and we have many reasons to make this claim. The first reason is that they are not a regulated broker. The second is that there is hardly any information available about this broker or its company on the internet. The address they have mentioned on their website cannot be verified.

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Another red flag is that their terms and conditions are quite vague. They haven’t mentioned anything about their withdrawal and bonus policy. Usually, brokers must outline their terms and policies in a separate section on their website to help traders understand what is required of them. But, it seems like this broker has a lot to hide.

Moreover, complaints about them are plentiful and the broker has taken no initiative to resolve the issues faced by its members. Most of these complaints are related to withdrawals. Traders claim that there are not able to withdraw their earnings after they submit withdrawal requests. Their withdrawals are automatically declined and the broker doesn’t even provide valid explanation for it. So the conclusion we can reach about their legitimacy is that they are not legit and therefore not a safe broker.

Binatex claims to offer demo trading features with $1000 demo credit. While this is an important feature that is useful for traders who are looking to become familiar with the trading platform, Binatex uses this feature to entice traders and make them invest money with them. While the results during demo trading is impressive, they are poor when traders enter live trading. Because of the inconsistency in results, it can be said that the broker doesn’t have honest intentions.

Customer Support Service

There are several means of communication available, but it is quite hard to get into contact with their customer support representatives. Traders can choose from email, telephone and live chat service to reach their staff. But our personal experience tells us that their team is unresponsive and unprofessional. It appears that they don’t have adequate knowledge about the subject. They usually take a long time to respond to questions. We weren’t happy with the way they spoke to us and our call was also put on hold for a long time.

Final Words

Forex is a lucrative industry, but traders must proceed with caution when it comes to choosing a Forex broker.

In our opinion, Binatex is not the kind of broker any trader will want to partner with. Their trading platform lacks special features and they also don’t have a good selection of assets and trading options. Overall, this broker has failed to impress our team of investigation and we advise traders against signing up with them.

Conclusion

After our research we concluded that Binary Online does not provide a demo account.

The lack of practice account and risk free trading makes this broker unsuitable for traders who want to learn how to trade without losing their investment.

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InstaGC Review – Is it a Scam or a Legit? (Honest Review 2020)

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In Today’s Internet world, we daily encounter with many apps/websites that offer gift cards/cashback for completing certain tasks. But, we often get confused by the ocean of apps that are working on the same basis.

InstaGC is a website that allows its users to get gift cards for completing small tasks. These tasks include taking online surveys, shopping online, and watching videos. It comes under get-paid-to category websites.

Here, in this particular article about InstaGC review, let’s discuss is it a legit company or not, and has it really issued one million gift cards or not. Continue reading to know the complete information about InstaGC.

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InstaGC Review – Is It a Scam or Genuine?

What Is InstaGC?

InstaGC is more like a GPT (get-paid-to) website. The word InstaGC abbreviates instant Gift cards. It was founded by Andrew Day in the year 2020. Since then it has a good reputation. It has a rating of 3.5 stars out of 5.0 on Trustpilot.

You can earn points for watching sponsored videos, taking up surveys, online shopping later which can be redeemed as gift cards. The best thing about InstaGC is, you don’t need to maintain any particular minimum amount. You can redeem your money even if you have $1 only.

Working With InstaGC:

It pays you the amount in the form of points that can be redeemed as cash or gift cards. InstaGC pays you for completing tasks using their search engine. i.e, InstaGC search engine. You get points instantly after completing the task. 100 points are equal to the US $1.

Like any other GPT site, its pay rate is also low. You should not expect to earn over huge money with this. It is useful to earn some extra money as a side income but not at all a full-time job.

How to Get Started with InstaGC?

To get started with InstaGC, you need to sign up first. The process is easy to proceed with. What you need to do is directly go to the official website of InstaGC and sign up using your Gmail/email account. Or you can log in with your Facebook, or Twitter.

There you will find another page with personal contact information. You have to enter the details such as your first name, last name and how did you find InstaGC, etc… After signing up, you immediately get 10 free points.

This is applicable only for U.S residents. Others have to maintain a verified PayPal account if they wish to work.

How To Make Money With InstaGC?

There are so many ways to earn points with instaGC and redeem into cash/gift cards. The list contains tasks like using instaGC search engine, watching videos, online surveys, etc..

Offers:

The offers include visiting websites, buying products, downloading and playing games, and more. Through these offers, we can earn money but it will consume a lot of time. In that span of completing an offer, we can do other tasks easily.

So, mostly I don’t prefer to work out with these offers. It is suitable for some kind of people who have a lot of patience in giving their time to work.

Take Surveys Online:

Another great way to make money by taking surveys but it always doesn’t work. As it disqualifies for some surveys you take.

The disadvantage with these surveys making is you can not guess when you will be get disqualified even in the middle of the task or at the end of the task.

However, it will give you a good experience with qualified surveys that makes you get nearly 100 points.

Watching Videos:

By watching videos you can earn up to 1 point for every 10 videos you watch and sometimes less than or near to 1 point for every 3 videos you watch.

Some people show very interested to watch videos without pausing even a second. This is the very best option for that kind of person. Maybe watching videos continuously gets bored but it makes earn more points compared to other tasks.

Online Shopping:

How can you earn with online shopping? You have extra benefits for shopping online as you get points along with your buying product.

Before going to shop check that merchants have linked with InstaGC or not. If they linked, you get $1 for purchasing any product.

Testing Products:

Testing products is also one of the best ways to earn money. It provides you to test the websites and apps by signing up through their offers.

You can earn between 100-700 points for some offers and sometimes 1100 points depending on the test.

Visit Websites:

Visiting websites is a very easy and simple task and takes less time compared to the other tasks.

No need to login/ signup /test any products or apps like the other tasks performs. You just only need to visit the websites that instaGC suggests.

For each visit, you will get 1 point. You can find these offers in the “clicks tab” of the instaGC.

Test Apps:

InstaGC also allows users to earn money to try and test mobile apps. Mostly these apps are free to download but some apps need to be purchased. If you invest in purchasing the app don’t need to worry as you get more than the cost you invested.

InstaGc displays these offers in the app listing. Go through with that and check the terms and conditions before you make an effort on any offer. Because some apps might ask for payments as mentioned early.

Referral Earnings:

Referral earnings mean you can refer anyone from your contact list to the InstaGC. You both will be rewarded with some points for it. It is a very easy way to earn points.

We have seen all the ways to earn points with instaGC. So, check which is the simplest way for you and go on with it.

Is it through a bank account or PayPal or some other way?

How to Redeem Points Into Cash?

Now we have known all the ways to earn points but the question is how do we redeem them? Here we are discussing in how many ways that instaGC is going to pay money for the task we have done.

There are many ways that instaGC redeems:

  • Direct Deposit
  • eCheck
  • PayPal
  • Sweepstakes
  • Gift Cards

Pros And Cons in InstaGC:

Pros:

  • It provides a different number of tasks to earn points. So, we can choose the best that suits us.
  • It pays $1 for even small tasks you have done.
  • Like other websites, you no need to pay anything to join in InstaGC as this is completely free to join.

Cons:

  • It consumes more time but pays less amount for some of its tasks.
  • It has less retail partners to shop and get cash back and earn rewards.
  • Only its long-term users can use PayPal redeem 0ption.

Our InstaGC Review:

Coming to the conclusion, this website is not at all a scam website. It genuinely pays gift cards for its users who complete those discussed tasks every day.

As per their website, they already issued nearly 1.3 million gift cards to users. This website also has many positive reviews on the Trustpilot website. (As you can see above picture.) Some people are using this website for years.

If you are trying to earn some extra cash, then this website is a great opportunity to earn gift cards while enjoying your doings. But if you expect big bucks, then it is definitely not for you.

That’s about InstaGC and its review. Do signup for the website and enjoy the benefits of this website. Share your experience or queries in the comments section.

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