Is Base2Trade a Scam?
We have made a research of Base2Trade 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 Base2Trade is safe. You can Proceed to Safety OR Choose one of the Is-Scam approved and safe Binary Options Brokers:
Base2Trade binary broker started working after registration in Anguilla. Web portal uses platform of “O-systems engine” which is different from SpotOptions. Base2trade offer four types of account depending upon amount submitted.
Bronze account can be started by depositing 250 USD, silver by 1,000 USD, Gold by 5,000 USD. There is only one type of account which is provided with account manager. Base2Trade offers a unique Social Trading opportunity. Payouts are high from 65 to 80 percent. Trading seems easy with Base2Trade overall. Owner seems to prefer newer options rather than binary trading. Colorful user interface cause difficulty in viewing as well.
Best2Trade have legitimacy in working in the territories of British West Indies though they are operating in United Kingdom markets as well. Regardless of their regulations a new investor gets attracted if a broker provides handsome profits, helpful compliance and true market analysis.
Best2Trade has well equipped customer compliance mechanism as they guide traders through social media, email and phone calls. There is quite a few number of customer who have been found complaining regarding being late when they intended to withdraw their money. Withdrawal process needs to be improved and made swift. Their official facebook page is not being updated since December, 2014 which gives customers runaway feeling.
Base2Trade Binary Options
Base2Trade brokers are paying more interest in improving most modern financial sectors and binary option trade is little lower on their priority list. Binary options offers choice of selection between increase and decrease of price predicted for future. It gives a gambling touch to business as to real sale or purchase is done in this business. Binary options are mostly short terms lasting for few seconds. Binary2Trade favors long term relationship where money is invested for longer time. Binary options are liked by most of the traders due to swift decision about profit or loss, therefore, Binary2Trade should pay head towards customer’s choice.
There is no withdrawal limit to withdraw funds from Best2Trade binary option brokers. Withdrawal process is secured by SSL certificate. Simple process of withdrawal does not involve any kind of password or security documents at all. Apparently they deduct no money as withdrawal fee but fact of the matter is 30 GBP are charged on each transaction.
For small withdrawal amounts, process takes only few days but it has been observed that process prolongs apparently without any solid reason. Withdrawal service is described as simple as that but in reality it needs to be improves very much for customer’s satisfaction.
There is always room for improvement in every organization and same is true for Base2Trade. Despite of all the positive aspects, there is always huge number of unsatisfied customers. It starts bothering when these complaints exceed critical limit.
Base2Trade is receiving quite a large number of complaints on their official facebook page which are visible to every visitor. Most of the complaints are about ignored withdrawal requests especially when amount exceeds 1000GBP. Unsatisfied complains is matter of concern for traders. New traders should seek consultation of regulating bodies before trading with Base2Trade. The organization should work to improve the loopholes present and ameliorate standards as well.
Click on the thumbnail below to see traders’ comments..
ConclusionAfter detailed investigation our team concluded that there are better choices than Base2Trade. 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 Base2Trade.
We recommend you to Proceed to Safety and avoid scams by choosing High-Rated and Trusted Brokers on Is-Scam.com.