SpotOption
Cheated by a financial organization, does not withdraw money? Do you want to check the financial company?
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SpotOption Reviews - overview of the platform for trading binary options
SpotOption is a financial company that offers its clients favorable conditions for earning money online. At the same time, Forex Rating specialists were faced with the lack of legal documents indicating the legality of the service. Therefore, we checked the data about the project and found out whether we could recommend it to our readers.
Status |
SCAM |
Year of foundation |
2024 |
Affiliate program |
No |
Regulation and jurisdiction |
IFS |
Website |
https://spotoption.net/ |
Contacts |
+ (356) 2034 76 35 1726, Govant Building, Kumul Highway, Port Vila, Republic of Vanuatu |
- Low entry threshold - from $10
- 24/7 support for traders
- Anonymity of the project founders
- Offshore registration and lack of official license
- Fake contact details
- Limited number of ways to replenish your balance and withdraw funds
- Lots of hidden fees
Trading Platform |
SpotOption Trading Platform Mobile Platform |
Types of accounts |
No |
Currency |
USD, EUR, BTC, ETH |
Deposit/withdrawal |
Credit cards Visa/Mastercard/Maestro Electronic wallets International payment systems WireTransfer |
Min Deposit |
$10 |
Financial Instruments |
Currency pairs, cryptocurrency, indices, commodities, precious metals, shares of large international companies, energy |
Mobile Trading |
Yes |
Order execution |
Market |
Trading Features |
A financial project that offers you a stable income through a wide range of trading instruments and the assistance of qualified specialists. |
Bonus |
No |
Terms of cooperation with the project
Our specialists decided to check out one of the new brokers, which offers its clients a profitable platform for trading a wide range of assets, including binary options. At the same time, the service page also talks about access to cryptocurrency and the best trading conditions for a constant increase in income.
Overall, on SpotOption official website it is stated that the company guarantees traders fair pricing and instant execution of orders. In reality, there are literally no indicators on the service page that could indicate that the platform is really capable of helping users make money from trading.
Basically, this broker is aimed only at beginners. They are offered to immediately register their account and activate the account with a minimum deposit. Its amount is only $10, but there is no data on commissions on the page, so replenishing the balance may be accompanied by additional payments.
In parallel, clients are guaranteed the following conditions:
- 24/7 support via online chat and other contact details;
- loyalty programs;
- instant execution of transactions;
- protection of your deposits and personal data.
INSpotOption personal account You will also have access to some bonuses, but nothing is said about their benefits.
Security of trading with a broker
Representatives of this almshouse claim that their office is registered in an offshore zone. However, the address was not confirmed and in fact it turned out that the project simply did not have registration data. The license also turned out to be fabricated, so we are 100% confident that this charade is illegal.
The client agreement, in turn, contains many pitfalls. Therefore, according to the clauses of the contract, clients of this office cannot count on compensation, and they themselves are responsible for their money.
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Which SpotOption reviews?
We managed to find quite a lot reviews about broker Spot Optional, which showed that cooperation with the service will definitely not bring you any profit. Victims of this suckers they write that scammers try to deprive their clients of access to their accounts as soon as possible in order to pocket other people’s money. They also emphasize the complete lack of protection of their interests and personal data.
Expert verdict about the company
Our experts have checked the data regarding financial company SpotOptionand found out that this office is unlicensed and an illegal broker who only scams gullible traders. If you have lost your money because of these scammers, please contact our chargeback experts and they are guaranteed to return your funds.
Ready to start investing? Open an account with a proven broker with the best conditions and favorable bonuses
FAQ
Customer reviews are one of the main criteria influencing the reputation and position of a broker in the ranking of reliable companies. You can view reviews about SpotOption on the main broker profile page.
You must register on the official Forex Rating website. This procedure is free and will take very little of your time. To confirm your registration, you will receive an email with a link where you will find detailed instructions on how to leave a review about the company SpotOption.
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Expert opinion
Increasingly, financial companies providing their services online are turning out to be scams that actually work only to deceive their clients. It is impossible to make money with scammers, so experts say that users should always take the time to check official documentation indicating the legality of your potential financial partner. It is also important to look at reviews from traders, which will help you understand whether it is worth collaborating with a particular platform.