Is 72Option a Scam?
Is 72Option a Scam or Trustworthy Broker?
Read Detailed & Objective 72Option Review
See 100% Real Traders’ Comments & Complaints
72Option Withdrawal, Deposit & Bonus – See Below!
|Official Website URL||www.72option.com|
|Address||1A Arcade House, Temple Fortune, London NW11 7TL, UK|
|Support Number||+44 203-807-0124|
|Support Types||Live Chat, Phone, Contact Form, E-mail|
|Minimum 1st Deposit||$250|
|Minimum Trade Amount||$5|
|Scam or Not?||85%|
|Free Demo Account||Open FREE Demo|
|Deposit & Withdrawal Methods||Credit/Debit Card, Wire Transfer, Solo, Delta, Switch|
|Withdrawal Methods||Credit/Debit Card, Wire Transfer, Solo, Delta, Switch|
|Number of Assets||50+|
|Account Currency||USD, EUR , GBP|
72Option is among the many binary options brokers, which have been doing quite well on the binary options market in the last few years. One of the first things that draws the attention when you visit their website is that they offer high payouts of up to 720% (which is probably where 72Option got its name from). With any promise of extremely high profits, traders should be attentive, because while binary options trading does indeed offer great opportunities for profit-making, it takes time and commitment to achieve them. 72Option is a brand of Amadicia LTD, 1A Arcade House, Temple Fortune, London NW11 7TL, UK.
72Option doesn’t offer a demo account. But this broker provides investors with access to 100% web-based trading platform – SpotOption – which does not require any software to be downloaded. The platform is easy to navigate and simple to use, combination of advanced technology and user-friendly interface, which enables you to trade various assets, including currency pairs, stocks, commodities and indicies. You can choose among 7 types of trades – Binary, Pairs, Long Term, 60 Seconds, One Touch, Ladder and FX/CFD.
If you need more information you can contact the Customer Service of 72Option via email, online form, live chat and telephone.
Is 72Option Scam?
72Option is a relatively new broker in the industry. Their website has a nice design and gives an impression of professionalism. After exploring the Internet we couldn’t find any complaints or negative feedback about 72Option. Traders should read very carefully the terms and conditions section. Their platform SpotOption is among the most popular ones and has won countless awards for usability, design and technical excellence. 72Option uses an advanced security technology to ensure the safety of its clients and providing the traders with the assistance of account managers.
Review Verdict: 72Option is NOT a Scam
72Option Deposit and Withdrawal
72Option’s process for making deposits and withdrawals is similar to that of other brokers, some important details can be found within the Terms and Conditions section. All your deposits, withdrawals and portfolio history can be viewed in the menu “My Account”. You can open your account in USD, EUR or GBP currency and you cannot change your selection after registration.
This broker will require an ID verification with the first deposit and withdrawal. The payment methods available for depositing funds are two − credit/debit card or bank wire (Visa, MasterCard, Maestro and Delta). The minimum required deposit via credit/debit card is $250 and if you choose to use a wire transfer, the minimum deposit is $500.
When it comes to withdrawing funds you should keep a few things in mind. First of all any withdrawals you request will be made in the same currency and to the same credit card or bank account you used for making your initial deposit. It’s also worth pointing out that when you deposit money via credit or debit card, the funds are instantly transferred to your trading account, but when you want to make a withdrawal using the same payment method you have to wait for several days before the transaction is authorized for processing. There are no withdrawal fees. All transctions are safe because 72Otpion uses the advanced SSL (Secure Socket Layer) technology which is also employed by international banks and financial institutions. This enssures traders’ privacy and guarantees that all personal information and funds are secure and protected.
72Option Promotions and Bonuses
Traders should always pay very close attention when it comes to a broker’s policy regarding promotions and bonuses. 72Option offers a number of attractive rewards, bonuses and one time trading credits as a part of its promotions program, but there are certain conditions attached and it is of great importance to be fully aware of them before deciding whether to accept a bonus.
If you choose to accept a bonus you will have to execute trades amounting to 30 times the value of the bonus and initial deposit before you are able to withdraw the funds.
There are extra trading tools, such as the Strategy Advisor. You can also get 1-on-1 live trading session when opening an account, Market News, SuperTrader TV and you receive $100 every time you refer a friend. Since bonuses and promotions are limited time offers it is advisable to visit the broker’s website to check what is available.
Review Verdict: 72Option is NOT a Scam
72Option is a broker that our team found to be legitimate. It provides very good opportunities for both experts in the field of trading and aspiring beginners. If you need a reliable broker, this is one of the safest choices you can make in the industry. The 72Option platform is very well developed and just as well maintained. You can turn to the customer service provided 24/7 – they are available via live chat, phone and e-mail, and in multiple languages.
72Option also offers some of the widest varieties of payment methods for fund transactions. The very well optimized trading platform gives you a chance to trade securely and profit significantly. 72Options has proven itself as a very reliable broker and our team highly recommends it.