Optionsclick Binary Broker Review – Complete Scam – Stay Out

Best Binary Options Brokers 2020:
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  • Binomo
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OptionsClick Review

The company Leading Capital Markets Ltd owns and operates OptionsClick trading platform, and provides services in the areas of trade binary options. Its office is located in Cyprus and is under the regulation of the Cyprus Securities and Exchange Commission (license No. 227/14) and MiFID, Finansinspektionen (Finland), FCA (United Kingdom), AMF (France), Czech National Bank, BAFIN (Germany), Consob (Italy) and other. Since its creation in 2009, the platform has grown rapidly, however, in a short time, managed to win hearts of many traders. Many awards recognizing its achievements are the proof: Quality Brand of the Year, Gold Seal 2020 as the Top Trading Platform, 1st place as a World Champion Binary Options Platform 2020 and 100% Satisfaction Guarantee Seal.

Optionsclick.com Review

Firstly, in our OptionsClick review, we should pay attention to a completely new binary platform for trading. User-friendly interface allows one-click access to all assets, tools and information necessary to trade successfully on the same screen. For instance, your trading history is easily viewed by simply clicking on the button “History”, located at the bottom right of the screen. Here, all information on the traders open contracts are posted, as well as information on existing at a given time transactions. This is extremely useful both for general information and for making copies, sharing their impressions of the online trading.

Regulation
Minimum Deposit $100
Maximum Deposit Unlimited
Bonus Refer a friend Welcome Bonus
Minimum Trade Size $10
Trading Platform SpotOption
Account Types Custom Platinum VIP Trader, Gold VIP Trader
Demo Account
Islamic Account
Account Currencies CAD, DKK, EUR, GBP, SEK, USD
Payment Methods
Withdrawal Fees one withdrawal per month free of
Traders From USA
Options Trading
Option Types 60 Seconds, Call/Put, Range, Touch/No Touch
Return Rates 85%
Safety Net 15%
Touch Options (Max Rates) 0%
Educational tools Daily Market Analysis Beginner eBook Beginner Webinars Beginner Video Tutorials Beginner Online Trading Academy Beginner Daily Market Analysis Intermediate eBook Intermediate Webinars Intermediate Video Tutorials Intermediate Online Trading Academy Intermediate Daily Market Analysis Advanced Webinars Advanced Video Tutorials Advanced eBook Advanced Online Trading Academy Advanced FAQ Extras Glossary Extras
Assets Commodities, Forex Pairs, Indices, Stocks,
Forex Pairs AUD/CAD, EUR/USD, GBP/USD, EUR/GBP, GBP/JPY, EUR/JPY, USD/JPY, AUD/USD, USD/CAD, USD/CAD, USD/ZAR, USD/TRY, USD/CHF, NZD/USD, EUR/NOK, AUD/CHF, EUR/AUD, AUD/JPY, CHF/JPY, GBP/CHF, USD/MXN, CAD/JPY, USD/NOK, CAD/CHF, GBP/AUD, GBP/CAD, EUR/CAD
Stocks BMW, BARCLAYS, ORANGE FRANCE, SOCIETE GENERAL, FIAT, GAZPROM, BBVA, SBERBANK, TESCO, SAMSUNG ELECTRONICS, ROYAL DUTCH, APPLE, INTEL, AMAZON, FACEBOOK, NIKE, CITIGROUP, AMEX, BAIDU, PFIZER, GOOGLE, ALIBABA, COCA COLA, JP MORGAN CHASE, MCDONALD’S, MICROSOFT, CISCO, YAHOO, IBM, EXXON MOBIL, GOLDMAN SACHS, SILVERWHEATON, GOLDCORP, DISNEY, FERRARI, INTESA SANPAOLO, UBI BANCA SCPA
Commodities Coffee, Silver, Gold/EUR, Gold/JPY, Corn, Oil, Gold, Platinum, Gold/Silver, Copper, Sugar
Indices S&P 500 FUTURE, DAX 30 FUTURE, IBEX 35 FUTURE, SMI 20 FUTURE, RTSI, MICEX, CAC 40 FUTURE, FTSE 100 FUTURE, SOUTH AFRICA 40
Crypto
Customer Support
Phone
Email [email protected]
Contact form
Live Chat
Call Back
Newsletter
Support Hours 24/7
Supported Languages

Cyprus Securities and Exchange Commission

CAD, DKK, EUR, GBP, SEK, USD

one withdrawal per month free of

Touch Options Payout (Max)

OptionsClick Trading

With trade ranges starting at just $10 you can start small and grow adding zeros to your investments. With the help of professional traders and advisers employed by the company, you are able to examine different trading patterns, as well as ask for a review of your recent OptionsClick trading activity to ensure that your approach is the most profitable.

If you are looking for an on-the-go experience you can register for the mobile version of the site to employ it when you are away from office or home, but would like to use the opportunity to make some extra cash based on your knowledge and expertise.

Optionsclick.com review – Trading Instruments

OptionsClick provides traders with an extensive set of instruments for predicting price movement and earning up to 89% on every single trade. Its motto is “One. Click. Trade”, so you can be sure that the dealing process is quite plain and effortless.

The most favored feature present just in every broker is the High/Low and Above/Below options, where you can choose the present price’s market point offered by the broker and decide if it will be surpassed or not.

With the One Touch option, you are given a certain price above or below market price and a certain time-frame, and your goal is to decide if the present market rate will “touch” this price in the given time or not.

With the Range option traders should choose if the price remains in a specified price range for some time. Depending on whether you choose the inbound or outbound expiration you place your trade in that direction.

If you are a trader who prefers short term trades, then 60 Seconds option will be the right choice for you.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Demo Account!
    Free Trading Education!
    Get Your Sign-Up Bonus Now!

  • Binomo
    Binomo

    Good Broker For Experienced Traders!

OptionsClick Minimum Deposit

Account policy of this broker is very simple, you get a standard account type after registering. So after making OptionsClick minimum deposit of $200 you can start trading.

But if you plan on investing not only OptionsClick minimum deposit but a substantial amount of money in binary trading, then you can contact the support team and arrange a VIP account and request any services you may require. By being a privileged user your choices will be to become either Gold VIP or Custom Platinum VIP trader. They both offer insurance coverage, which means a return on your OptionsClick trading losses, enhancements of profits, rewarding loyal traders with extra profit margin, and increased payouts, increasing payout on certain prearranged binary options trades.

In this Optionsclick.com review out team should also add that OptionsClick’s loyalty for its VIP customers also includes personalized account services together with bonus points for your trades other enjoyable benefits.

OptionsClick.com Review – Support

OptionsClick team of esteemed professionals provides support to its customers all day long in 6 languages: English, Italian, French, German, Russian and Arabic, which makes it much easier for traders from different countries and backgrounds to employ this company’s services.

Continuing this OptionsClick review, we would like to note that financial, technical and options dealing support are carried out through several options, like via the international phone line, Live Chat on its web-page, on-line form, FAQ section or email. With the help of its Trading Academy any trader can up their skills to a new level. The slogan of the Education Center is “Learn. Enjoy. Trade”.

Video tutorials in dozens of languages offer a chance to review courses in Binary Options, Market Analysis, Options Strategies, Social Trading and Pro feature reviews. This broker provides a E-book written by professional traders, which shows you in a glimpse of an eye the key building blocks of how to be ahead of the game with your strategies and analysis. The Education Center is even available on mobile so that you may improve your theoretical knowledge on the go.

OptionsClick Scam

Finishing our OptionsClick review, we should touch upon a question of OptionsClick scam. Unfortunately, we have not found much information and feedbacks about this company, but this company is strictly regulated even not only by CySEC but also by 30 financial regulators. Any broker who has as many licenses deserves trust, as customers have where to go in case of disputes or in case of OptionsClick scam. But if the company was unfair, it would had long ago lost its license. So, at the moment, we can not say anything about OptionsClick scam.

Binarycent Scam or not? – Broker Review

Is Binarycent a scam or a reliable broker? – Find it out in this review. (In few steps) Nowadays it is hard to find a good broker for Binary Options because the diversity of different offers are sometimes non-transparent. It is important to look after a secure and reputable broker. In this review, I will check Binarycent and give you the right information about the conditions for traders.

Review: (4.3 / 5)
Regulation:
Demo Account:
Minimum Deposit: 250$
Min. Trade: 0,1$
Assets: 100+, Forex, Commodities, Stocks, Cryptos
Support: 24/7 phone, chat, email

Flexible Trading Platform

Copy & Social Trading

What is Binarycent? – The Broker presented

For traders, it is important to know some information about the company where they are trading. Binarycent is an international Broker for Binary Options, Forex, CFD and Cryptocurrencies. The company is based and runs by Finance Group Corp 309&310 Office, Albert Street Victoria, Mahe, Seychelles. Unfortunately, there are not a lot of information to find about the company.

These points make the company unique:

Withdrawals in 1 hour

100% data protection

24/7 customer multilingual support

Bonus and Risk Free trades

Review of the conditions and trade offer:

Binarycent offers to trade Forex, Commodities, Stocks, and Cryptocurrencies on one platform. In addition, mobile trading is available. The range of assets is very wide and the broker is well positioned with over 100 different assets compared to other brokers. Open your account with a minimum deposit of 250$ and use the free demo account.

The biggest advantage of Binarycent is the small investment amount of 0,1$. That’s why they are called Binary-“cent”. Bet on falling or rising markets with Binary Options. The asset profit is quite high between 80 and 95%. Traders can choose between a turbo, intraday and long-term time horizons for their trades. The diversity of expiry time is very high too. In conclusion, the trading conditions are solid and the broker is compared to other companies in a good place.

Furthermore, you can trade Forex and CFD on the platform. Change between the Forex/CFD platform and the Binary Options platform with only one click. The maximum leverage is 1:100 and the spreads are starting with 1.0 pip.

Binary Options are very risky, but it is possible to make a high profit with BinaryCent. Traders who watch the markets and know what they do notice that there are a lot of good opportunities to trade profitable with over 100 different assets. From my experience the execution of trades is very fast on that platform.

The conditions for traders:

High returns of 80-90%+

Free demo account (after deposit)

Big diversity of expiry time for Binary Options

Forex, Commodities, Stocks, Cryptocurrencies

CFD/Forex and Binary Options platform

Is the BinaryCent Platform reliable?

Binarycent offers a unique trading platform for its traders. The structure is clear and transparent. Personally, I like the design because it is user-friendly. Beginners should understand the platform in a few moments. It is possible to watch video tutorials about trading with the platform. In addition, you can ask the support for some help.

The charts are supported by Trading View. This is a big and popular provider for market data. In other words, it makes the platform look professional. Traders can customize the chart by using drawing-tools, indicators or Fibonacci. The chart is available in full-screen mode too. On the right side, you see the trading dashboard.

Forecast the movement of an asset and trade in the way you want with a call or put option. On the left side, you can choose a market you want to trade. Switch between Binay Options and CFD/Forex with just one click. That makes the platform very flexible. In conclusion, the trading platform of Binarycent provides the right functions a trader needs.

With Binary Options you have to make the right forecast of the price movement to get a high asset profit. This can be in a range of 30 seconds or more. In my opinion, beginners should not start with short-term trading because it is the hardest method to invest in the markets. The function is very easy. The risk is limited to your bet amount and you will get a fixed return.

How to use BinaryCent:

For example EUR/USD – 95%:

That means if you open a trade with a 1000$ bet amount, you predict the right direction of the markets you will win a payout of 1950$ in your account. 1000$ return of the bet amount and the 950$ of profit. There are not any hidden fees for trading.

Unique Trading Platform

Flexible and user-friendly

Social Trading, Analysis and Signals

Transparent trading dashboard

BinaryCent Demo Account for free

The Demo Account is an account with virtual money. You can trade the markets without risk. The conditions are the same as you are trading with real money. You get the real-time market data. First of all new traders can practice some trades in the trading platform of a new broker. This is an important action to get some new experience and decide to continue trading with the new broker.

BinaryCent offers a Demo Account for every trader who deposited the minimum investment of 250$. This is a little disadvantage for this broker because most of the other Binary Options Brokers give you a completely free Demo Account.

The demo account is the best way to improve your trading skills.

Account opening in few steps

Just open your account in less than 1 minute. You only need your personal name, phone number, password, and email address. For further verification, a picture of your passport is needed. The verifications take less than 24 hours. For withdrawal your profit you need a full verified account, but you can start trading without verification. In conclusion, the account opening is very easy and user-friendly. If you got further questions you can ask the 24/7 support.

There are 3 different account types available:

Bronze (250$) Silver (1000$) Gold (3000$)
24/7 live support 24/7 live support 24/7 live support
Withdrawals in 1 hour Withdrawals in 1 hour Withdrawals in 1 hour
Bonus 20%+ Bonus 50%+ Bonus 100%+
Demo account Demo account Demo account
Copy Trading tool Copy Trading tool Copy Trading tool
Master class (web session) Master class (web session)
First 3 risk free trades First 3 risk free trades
Personal success manager

Withdrawals and deposits with Binarycent

From my experience, the deposit and withdrawal work very fast. In only tested it with small amounts like 500$. You can deposit with Creditcard, Cryptocurrencies or E-Wallets. There are no hidden fees. The only fee is by making a payment with a credit card of 5%.

The minimum deposit with 250$ is quite high. The minimum amount allowed for withdrawal is 50$. But there is the advantage to trade with 0,1$. In conclusion, Binarycent offers a diversity of payment methods and the withdrawal system works very fast. The broker processes all withdrawal requests in only 1 hour. Sometimes it takes a longer time if the account is not verified. Also, you can open a crypto wallet with Binarycent. This is a new opportunity to trade cryptocurrencies on the platform.

Payment methods:

Credit Cards (Visa/Master)

Bonus and Risk-Free Trades

BinaryCent offers you a free deposit Bonus and Risk-Free Trades. You can get easy a higher balance of your account. But the bonus is linked to conditions. You have to make a turnover for 3 times the bonus. This is a very low amount and big advantages. Most brokers offer you a bonus too, but you have to make a turnover of 30 times or more.

Risk-Free Trades are offered in the silver and gold account. You can bet any amount in a Binary Options trade and if you lose you get the lost amount back to your account. The loss amount is deposited as a bonus.

The bonus for your first deposit can be between 20% and 100%. It depends on the invested amount of money. The bonus for your first deposit is compared to further deposits higher. With a deposit of 500$, you can get a 50% bonus and with a deposit of 3000$, you can get a 100% bonus. In other words, if you start trading with BinaryCent you get a better reward.

Support and service

BinaryCent provides very fast support via chat, email, and phone. The best choice to ask your question is the 24/7 video chat. Directly you get a connection to the support. In conclusion, the service is reliable and fast. For further questions, you can call them via phone or write an email. They offer you the service in more than 6 different languages: English, Russian, Chinese, Thai and more.

24/7 support per Phone, Email, and Video-Chat

Support in different languages

The support works very fast

Support Chat: Phone (english): Email: Adress:
24/7 +1-8299476393 [email protected] Finance Group Corp 309&310 Office, Albert Street Victoria, Mahe, Seychelles

My conclusion of the BinaryCent Review 2020

At first glance from my experience definitely, BinaryCent is not a scam. This review shows you that BinaryCent is one of the best international platforms for trading with Binary Options. The broker provides a good trading platform with a high chance of making a high profit. You can trade a lot of different assets and use different strategies.

The markets data is provided by “Trading View” which is one of the biggest leaders in the industry of retail trading. Another advantage is the possibility to trade with a small investment amount like 10 cents $. That makes the broker unique.

Also, the service and customer support is fast and reliable. There is no problem to open a new account and do deposits and withdrawals. In addition to that, I have to mention that the company is unregulated. I tested the platform only with a small amount of money. Try it by yourself.

Advantages:

Trade with only 0,1$ in one trade

High asset profit

High diversity of assets 100+

Flexible trading platform

Forex/CFD and Binary Options on one platform

Disadvantages:

Get the demo account after the first deposit

The opportunity to trade with only 0.01$ is the biggest advantage of BinaryCent (4.3 / 5)

OptionsClick

Broker Name: OptionsClick
Platform: Tech
Founded: 2020
Bonus: 100%
Return/Refund: 60-89%/0-2%
No. Of Assets: 23
Regulated: CySEC
Demo Account: No
Minimum Deposit: 200
US Traders: Not Accepted

OptionsClick Review

OptionsClick is now under new management and ownership. The new company is Leadtrade LTD, regulated by the Cyprus Securities and Exchange Commission (CySEC) under licence number 296/16. Their office address is Treppides Tower, 5th Floor, 9 Kafkasou Street, 2112 Nicosia, Cyprus. Their registered office (according to Terms and Conditions document) is 6, Ioanni Stylianou street, Flat 202, Nicosia, 2003, Cyprus.

Is OptionsClick Scam?

In the past I received of few angry E-mails from people associated with OptionsClick. Many of them offered me good money if I promote them in ThatSucks.com (former BinaryOptionsThatSuck.com) website. I had to refuse such offers immediately. Bots.com is not about promoting brokers that pay, it’s about promoting brokers who deserve to be promoted. I told those people that only way I change this review is if they upgrade their website. If they want to become top brokers they have to work for it, OptionsClick did. I must say I was dismayed by some of the e-mails, since this website is almost the only honest binary options review site, but I’m not here to deal with such bullshit. Another thing I was angry about, that some of the information they provided me with was wrong. Bots.com are here to provide their readers with honest opinion, therefore I think that OptionsClick progress deserves an upgrade in their overall score. This is the second time I update this review and I feel they made progress in certain areas. I must complaint them for that, but they are still on their way to become a top broker. In my opinion, and after reviewing OptionsClick for the 3rd time, I think it’s fair to say OptionsClick are not a scam.

Update October 2020: As mentioned above, OptionsClick is under new management and we don’t have a lot of information about the new company. What we know is that they are owning/managing other binary options brokerages, such as Top Option and Prestige Option among others. The change of management is very recent and we don’t know what type of approach they will choose, so we recommend caution but we do not consider them a scam at the moment.

Editor’s Note – Why OptionsClick doesn’t Suck in 50 Words

We constantly try to keep our reviews up to date and that’s why I returned again (second time I update this review) on the OptionsClick website. The first update to my review was made because I received a lot of e-mails from people associated with OptionsClick, claiming that the last review was out of date or just not correct. Now this is the second time I review this broker, and I LIKE the upgrades!

Why OptionsClick does Suck in 50 Words

One thing that I used to like a lot about OptionsClick is their modesty. Back in the day, if you looked for promotions or bonuses you’ll find out that OptionsClick don’t advertise them almost at all. However, lot’s have changed for OptionsClick and the whole industry, and now bonus and promotions are well pushed.

Should I Open an Account with OptionsClick?

OptionsClick has gained some popularity over the last year many thanks to their trading platform which is based on same platform used by many popular brokers (Techfinancials) so there’s no need for any software to be downloaded to the PC. OptionsClick operates and offer almost identical returns and refunds to these well-known brokers, but on the other hand, OptionsClick website is far less attractive, rising up many doubts through my head when I first checked their platform. The simple and un-professional design raised some series questions about this site’s operator and the only reasonable thing I could do was to start investigating, but that was over 7 months ago, and after monitoring OptionsClick for such long BOTS.com are happy to provide their readers with this new and updated OptionsClick review.

The last review dealt mostly with user interference problem. I was quite dismayed by the lack of some important information on the OptionsClick website, important section like about us and the Faq sections were missing or out of date. The annoying absence of information was screaming inside my ears, just couldn’t ignore. Finally, I’m glad to say that I can find all of the missing information, but although they do have a FAQ, the information it contains lacks substance and the overall functionality of that section is severely flawed. Binary options traders who prefer using OptionsClick trading platform would find it as a fine alternative to other well known brokers who are using the same trading platform. Last time I reviewed them I spoke about the lack of assets (just 20) but I am glad to see they made some improvements in that area: now they offer 110 assets to trade on, more than satisfactory, considering it’s three times more than they had before It’s still not exceptional, but a lot better, nonetheless. Overall, they suck in a lot of areas and although they are improving, at this pace, they are not getting to the top spot anytime soon.

Update October 2020: It looks like they are back to a skinny asset list: just 20-something assets, including currencies, commodities, indices and stocks. Some brokers have more assets in a single category than OptionsClick have in their entire asset basket so it’s definitely an issue they need to address. I have to say that on the trading platform I could find some tradable assets that weren’t listed in their asset index, so maybe they have more than 20-something opportunities to trade. If that’s the case, they should update the Asset Index page.

Leaving the Asset Index conundrum aside, OptionsClick is still not a tier 1 broker and I don’t see many reasons why you should open an account with them. Maybe the new management will change all that and will manage to get this brokerage higher up in the rankings.

OptionsClick Complaints

ThatSucks.com (former BinaryOptionsThatSuck.com) glad fully do the research for you. We search forums, review sites and many more for any binary options complaints, fraud alerts, scam, etc. Strangely, when searching Google for OptionsClick complaints, most references lead us into review site with no connection to the subject what so ever. We just couldn’t find any complaints about this company, all that we know from potential OptionsClick costumers is commented below.

Update October 2020: After a rather long time, we still can’t find major complaints about OptionsClick on other online venues. However, our Comments section below this review keeps growing in complaint numbers, with people saying they can’t get their money out, can’t get a hold of their account managers and are pressured to pour in more money. An OptionsClick representative tries to address some of these complaints but all her responses seem robotic and all she does – mostly – is instruct clients to contact support (as if they didn’t try that already…). That’s not very helpful if you ask me.

OptionsClick Bonus

To find more information about OptionsClick bonus costumers are required to contact costumer service for more information. The wager is between 35-50*bonus value.

Update October 2020: The turnover required before you can withdraw the bonus is 40 times bonus+deposit and must be reached within 60 days. If you withdraw any money (your initial funds) before completing the above requirements, the bonus will be cancelled and taken out of your account.

OptionsClick Withdrawal

When it comes to withdrawing profits, one should know the restrictions before investing. Much like lots of average brokers, the limit for C.C withdrawal cannot exceed the initial deposit. Rest of the money could be transferred by different methods.

OptionsClick Ratings

User Friendly 17/20

OptionsClick platform is a 100% web based platform, with no need for any software to be downloaded. The overall design looks fine but not the best in my opinion. The trading platform is easy to use, although I find the charts to be a little small and hard to use. The website is available in 6 languages (just 5 at the time of my first update to the review)

No. of Assets and Expiry time 14/20

Total of 110 Assets: 45 stocks, 32 currency pairs, 11 commodities (Oil, Gold, Silver, plus Gold against Silver/EUR/JPY), 22 indices. The expiry times are great; letting the traders choose anywhere from 30seconds, 60seconds, 120 seconds, 5 minutes then every 5 minutes up to end of day, week or month.

Update October 2020: The asset index is now composed of 5 indices, 2 commodities, 9 currency pairs and 7 stocks. This is one of the thinnest asset index I’ve ever seen and I believe they definitely need to improve it a lot. I must note that their trading platform lists some assets that are not displayed on their Asset Index page so I can only assume that said page is not updated. Either way, they need to get their stuff together.

Commissions, Support and Effective return 17/20

OptionsClick don’t charge any fees or commissions from investors when they first deposit or purchase options. Withdrawals are charged with a 30$ for more than one transaction a month. OptionsClick support is available via 4 international numbers- in English, French and Italian or via email. The live chat service was responsive, answers were clear but for some reason the rep disconnected before I’ve asked the last question (happens overall). The effective return is among the average-high in the industry- 70-85% In-The-Money with a 75% average return for most assets. The Out-of-Money refund is between 0-2%. Not much has changed in this area since my last visit.

Deposit, Payment and Bonus 17/20

OptionsClick Minimum deposit is average – 200$ or 200€. Deposit is available via C.C., Wire transfer, Cash-U and many more (see overview above or visit Optionsclick). Withdrawals are generally available via the same methods, with a minimum of 100$. OptionClick offer a bonus of up to 100% for the first deposit and also provide other different promotions for registered costumers.

Update October 2020: The minimum deposit is now 200 EUR/USD/GBP and can be made via the same methods as before, plus Skrill and Neteller. The Bonus will be discussed with your account manager and the turnover required for withdrawal is 40 times bonus+deposit.

Website Extra’s 13/20

OptionsClick is based on the Tech Financials trading platform hence includes most extra’s and gadges as all Tech based brokers. They also have daily video’s and news reviews, market ticker, tournaments and signals are going live this month (so I’ve been told).

OptionsClick Overall Rating 79 + Regulated (+3) = 82/100

Is 24Option Scam? Broker review

On the web, you can find a lot about 24option. It is no surprise, because according to the statistics, 24option is the 2nd largest binary options broker in the world (Banc de Binary is 1st) However in this review, we will show you all information combined, making a big list of reasons why 24option is a scam or not.

24option is a binary options broker established in 2020 with headquarters in Limassol, Cyprus . Some may think this is s red flag, but, in fact, that is completely normal for binary options brokers. Most of them have their headquarters in Cyprus, because of regulatory purposes.

24option basic info

  • Official Website: www.24option.com
  • Headquarters: Limassol, Cyprus
  • Trading Platform: Tech Financials
  • 2nd largest binary options broker

Why is 24option scam?

I’ve read many complaints against 24option, saying that they scam people, they never let you withdraw your earned money, or even they lie about giving you free money and such. Those are all invalid reasons. Read on to see what I mean.

People complain, that they were offered free money (24option bonus) but then when it came down to paying customers out, there were problems. Yes – this situation can occur. But only if a customer has accepted a bonus AND has not completed all procedures needed for the bonus to be withdrawn. In order to withdraw money including the bonus offered by 24options, a customer is required to:

  • Upload necessary documents to prove the customer is, in fact, the person they claim to be
  • Complete wagering requirements (40x the value of the bonus)

If any of the above is not met, the withdrawal of the bonus funds is not possible. If you have this kind of problems, please, contact the customer support.

Another reason why clients might complain and dislike 24option is: losing their money. Trading binary options simply involves risk. Everyone should know that. It is an investment, with which your money is at risk if you do not invest (make trades) wisely. If you do not know what you are doing, please, learn something about binary options first and try trading on a demo account. You can do that either with 24option, but also with our demo account: x Binary Options Demo.

24Option regulations

24Options are regulated by important regulatory authorities of the world including the FCA in the United Kingdom, CySEC, Financial Market Authority and more. The complete list of regulators, that have approved trading with 24options can be found below – all of these official authorities have said “24Option is NOT a scam,” and gave them regulations.

A list of regulations found at www.24option.com

Their platform (Tech Financials)

Tech Financials is a platform programmed by a third-party company that creates binary options trading platforms not only for Banc de Binary but also for other brokers. 24Option is, however, one of the few brokers that use this platform.

This means that trading program, where traders make all the trades is not programmed by the broker itself, but by a different company. In the company’s intents is to make the platform as good as possible, in order to sell it to their clients (24option). If it was any sketchy, they would not buy it.

24option’s platform had to be reviewed by all regulatory authorities.

Have you been scammed by any broker? MyChargeBack might be able to help you! Fill the form below.

More information about 24option

Author

More about the author Step

I’ve wanted to build a business of some kind and earn money since I was in middle school. I wasn’t very successful though until my senior year in highschool, when I finally started to think about doing online business. Nowadays I profitably trade binary options full-time and thus gladly share my experiences with you. More posts by this author

190 Responses to “Is 24Option Scam? Broker review”

I lost a house worth of money. DO NOT GO HERE it ruined my life

The worst trading plataform, don’t trust them, they will rip you off.
The worst trading plataform, they just rip me off 300 dollars from my account with the explanation was that the account was inactive for 1 month scammers, they don’t ever let you know that there is a fee for this and before they made close all my operations, because they had to makes changes to the plataform, without any notice. Im going to redraw my money now from this scammers.

Sir, is Premium 24option a scam? Can i still get my money from them?

Hello, I don’t know anything about 24option premium, I’m sorry.

Everywhere page I open that has to do with binaryoption or forex investments all have great customer reviews but when I tried investing with binaryoption, from plus option, to binomo to IQoption, I lost a lot. I still have someone helping me with my trades but I keep losing and now they want me to invest more money. I need to speak with people who have invested and had similar situations. Please reach out to me on my username

Hello, thank you for sharing your story. Trading is really complexive and long term activity. It took some time to find the right strategy, broker and the power to influence own psychology. Be patient. We wish you good luck.

24 option is a scam organised by Israelis, do NOT trade and watch out. you will find more infos on YouTube. Good luck to all of you

HI, so Option 24 is a scam. i invested money about 3 weeks ago, now they say i must pay 10% of the total profit made. they say because the american government and the IRS tax officials have found that a lot of money is made the thought binary trading. am i scammed or what. when i asked why they did not tell me prior they are not giving clear answers. is there a way of getting back the funds i invested??

Mlu did you get any help regarding your account. I also need help.

We are on the same boat. $100 =$1000, did I get No. Now they want withdrawal fees unexplained. That is 24option.

I 100% hate 24Option with all my heart.. They are thieves… Complete liars… Scammers….

Did you get your money back? Being Approached by a guy called Franco Lunga to invest

Got approached by Annika Luan, I haven’t invested anything, am so doubtful more especially being approached on social media . And they say they are using 24 option investment

hello sirs,,do you know Tatiana Konoplina > She said she is an account manager in 24option.please help me,,Ihave jnot invested yet but receiving calls from her and emails too.

The job of the account manager is to help you make your first deposit , if you don’t your account is not completed , they don’t call you to start trading or to take your money. Because when you deposit you get assigned to the Senior Account Manager who will be basically your mentor and tell you everything about trading. After that if you don’t want to trade or you don’t like it , you just withdraw your money and close your account , no questions asked and no fees! I know many people that work there.

HI I’m new to trading, my question is how is it possible to trade with minimum $200 investment under your own account? Normal broker would put you in a pool of shares under their account and managed by them, you have the option to join or not. When you trade using 24option is it your own share as in buying actual lot, or just your small portion under their share?

Dear Mozzax11, with 24Option and any other CFD brokers, it’s only a CFD. You don’t buy the stocks directly through them. However as you can read in the comment section below, it is not recommended to use 24Option!

Mr j.pro i had a friend of mine who meet a woman in facebook in the name of EDNA PEARL he says that within 48hrs we could have our gain profit. My friend immidiately finance because he trust EDNA. After 3 days jhon have his profit , but when he tried to withraw ,the company ask him 770 USD for withdrawal charges. Yes he paid it. But until now he had not withdrawn any money. Very negative. Help him . Im planning to invest or trade. But i have doubt now. Pls help us

Dear Michael, as we tell others – never trust anyone who says they will trade on your behalf. Always manage your own money. I am sad to say it, but I think you got scammed by this EDNA. Do not pay her any more money, she will never send you money back, be carefoul.

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