Inside Option Scam Review
We have made a research of InsideOption and found out that they do not rate highly and there is no significant data about them. As an alternative we have selected our Top Safe Forex Brokers along with detailed reviews for safe and secure trading.
Since we haven’t gathered enough information yet, we cannot confirm that InsideOption is safe. You can Proceed to Safety OR Choose one of the Is-Scam approved and safe Forex Brokers:
Inside Option Review
Inside Option ( also known as InsideOption ) is a Forex broker with a trading platform that has expertise in helping people to trade Forex, a particular type of time sensitive trading that has presently become very popular. Though the company presents itself as a reliable trading system, being a new arrival, we cannot assure you that your investments are completely safe.
Inside Option presently offers a mobile app for their members for both the iOS and Android operating platforms. Unluckily, they do not give applications for different platforms at this time.
Getting registered with this broker is free. You can go to their website, give all your contact details and essential registration details, and make your account. However, in order to start actual trading, you will have to fund your account with at least $250. Withdrawals can be done only with a minimum removal of $100.
As a financial firm, Inside Option does not give any detail regarding refunds, which is not particular and made us quite suspicious. If you come to a situation where a refund is confirmed, you should get in touch with their customer service.
We advise you to use caution because it is little suspicious since they did not show any real proof of their legitimacy.
Inside Option Scam
This broker is very new, generally this is a reason why there aren’t many comments on the internet. On the basis of some of the comments we went through in forums there are fishy signals, getting failed to issue funds and lack proper contact with the service department. We don’t have any real time proof that the broker is a regulated one. So, before signing up with Inside Option, keep in mind that they are not licensed and regulated by CySEC or registered with any other EU financial regulatory institution. Our recommendation is to sign up with a broker that has proven to be safe and reliable and most importantly that is licensed and regulated.
Inside Option Demo Account
All you have to do in order to start with Inside Option is to register first, and then select an investment plan that fits your requirement. The registration process takes a few minutes of your time and after that you will be able to start trading using Inside Option’s trading platform. Considering the demo account we cannot confirm whether this broker has one or not.
Without providing a demo account traders can become really confused whether to invest their money or not. Trading options will be hard if you do not have the experience of a real time trade with a demo account. We advise you to consider another broker that allows traders to open that kind of account.
Inside Option Complaints
Unluckily, there are some general complaints about this broker that should be considered if you are really interested in using Inside Option’s platform.
Though the website does not clearly mention this before you submit your money for trading, more than one unsupportive reviews of this company posted online mentions that when traders tried to withdraw their money they were told that no withdrawals can be done until and unless their account was over $500.
And, some customers also complained that even once they had reached the limit of $500 and tried to withdraw their money, they still faced some problems. This is evidently a significant problem that people will have considered. It is also surprising that information about promotions and bonuses are not available on their website.
ConclusionAfter detailed investigation our team concluded that there are better choices than InsideOption. We cannot confirm that this Forex broker is a scam, but our research revealed enough traders’ complaints to not make us feel safe trading with InsideOption.
We recommend you to Proceed to Safety and avoid scams by choosing High-Rated and Trusted Brokers on Is-Scam.com.