Amber Options Scam Review
We have made a research of Amber Options 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 Binary Brokers along with detailed reviews for safe and secure trading.
Since we haven’t gathered enough information yet, we cannot confirm that Amber Options is safe. You can Proceed to Safety OR Choose one of the Is-Scam approved and safe Binary Options Brokers:
Amber Options Review
Amber Options is a binary options broker that promises 85% profit in 1 minute. However there are several things about this broker that raise a red flag. For example there is no information on their site when this broker was founded. This means that we don’t know if they have been in the industry for long time or if they are just starting out. Also there is no information who owns the company and where is their office address. Another important thing to mention is that Amber Options is not licensed and regulated by CySEC or other financial regulatory institution. We at Is-Scam.com recommend signing up with binary options brokers that are regulated and follow the EU’s laws. That is why we have made a list of CySEC licensed and regulated brokers.
AmberOptions uses the SpotOption trading platform so it has all the standard trading features like High/Low Options, One Touch Options, Boundary Options and so on. The platform is available in English, German, Arabic and Spanish. Their customer support can be reached by phone, live chat and e-mail.
Amber Options Withdrawals
Amber Options’ withdrawal methods include most major credit and debit cards (MasterCard, Visa, Maestro, AMEX, Diner’s and Visa Electron), wire transfer and CashU. You can withdraw your money by the same payment method you choose for your initial deposit. Note that when using a credit card you cannot withdraw more than the initial amount you invested and any additional funds can be withdrawn via wire transfer. There is a minimum withdrawal amount with Amber Options of $100. There is no fee to withdrawals via credit card and CashU, however if you wish to withdraw using bank wire, there is a $25 processing fee.
On their website it says that it takes up to 3 business days for Amber Options to process your withdrawal request. Once it has been approved, there are an additional 5 to 7 business days for the funds to show in your personal account, depending on the method you would like to use. Please keep in mind that traders that are given bonuses by Amber Options aren’t able to withdraw any money from their accounts until they trade the bonus amount 30 times. This can cause withdrawal problems with Amber Options.
Amber Options Scam
The thing that concerns us is that Amber Options is not a licensed and regulated broker by CySEC and it is not registered with any EU financial regulatory institution. This raises some red flags and we advise you to use caution with this broker.
Our investigators at Is-Scam recommend signing up with a safe, legitimate binary options broker, which is licensed and regulated by CySEC and you can be sure that the broker has to follow the regulations and laws of the EU. You can view our team’s selection of the most reliable and safe binary options brokers, here.
Amber Options Complaints
We have browsed the web for real traders’ comments and complaints about Amber Options. The complaints we have read were mostly about problems with withdrawals and that traders were automatically given a bonus without asking for it. It is best to use caution, until it is 100% certain that there aren’t any problems with this broker. We can never be sure whether these complaints are legitimate or just posted by the broker’s competitors, that is why we continue to do more research, until we can be 100% sure.
Amber Options Demo Account
Amber Options does not offer a free demo account. There is a way to get one, but you will first have to sign up with them and make an initial investment into your trading account. Only then you can contact your manager and ask them for access to a demo account. You can still get a real trading experience, without the real risks of losing or making real profits, but you will have to fund your account first.
Amber Options uses the SpotOption trading platform, which is very common. So if you are an experienced trader, you wouldn’t have to even test their platform, since you have probably used it before.
Amber Options Bonuses
Our main advise is to always read carefully the terms and conditions of the broker, especially regarding bonuses. Amber Options offers sign up bonuses of up to 100%, depending on the amount of your initial investment. You have to keep in mind that before you can withdraw any of your funds, first you will have to trade the bonus amount 30 times, including your initial deposit.
Also, there is often a time limit for the trading volume. That is why it is good to read the bonus policy of the broker, so you understand what are the requirements if you accept a bonus, and you avoid any withdrawal problems with AmberOptions.
ConclusionAfter detailed investigation our team concluded that there are better choices than Amber Options. We cannot confirm that this binary options broker is a scam, but our research revealed enough traders’ complaints to not make us feel safe trading with Amber Options.
We recommend you to Proceed to Safety and avoid scams by choosing High-Rated and Trusted Brokers on Is-Scam.com.