We have made a short review of Option500 and found out that they do not rate highly in Google Trends and there is not enough information available for 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 Option500 is safe. You can Proceed to Safety OR Choose one of the Is-Scam approved and safe Binary Options Brokers:
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Option500 is quite a new binary options broker, but it already gained some kind of reputation. Simplicity of trading – these words are supposed to be the main features of binary option trading with Option500. In this review we will check if it is really so and if it is worth trading with Option500.
Is Option500 a Scam?
Option500 does not have a regulation nor it has a European Union License which is one of the main things when we look for online scams. Then, the website of the broker is made quite unprofessional but at the same time Option500 has a very easy to use and full of practical and theoretical information, that can be used by traders. Data protection by SSL encryption is also promised to traders who use their services. There is no customer feedback provided yet, so we cannot make a conclusion rather it is a scam or not. Our team recommends choosing another tested and proven to be a legit broker.
Option500 offers trading based on SpotOption platform. This is a platform used by many traders, the software was developed by specialists. It is a web-based platform, that is also an advantage. Web-based platform means independence for a trader. He can get access to his account and trade from any place where the internet is available.
Account Types and Bonuses
Option500 offers the following type of accounts:
- Micro Trading Account – this account is suitable for beginners. Available to start with low minimum deposit.
- Silver Trading Account – This account allows a complete access to the website, welcome bonus, and many other things are offered for the holders.
- Gold Trading Account – in addition to all advantages, offered to the holders of the Silver account, here Option500 offers 3 trading signals per day.
- VIP Trading – here, you get al advantages, offered to the holders of Silver and Gold accounts, plus, exclusive offers.
How to Get Started?
- Sign Up – Investors have to make a registration with the broker Option500 and to make a minimum deposit of 200$.
- Trade – To start trading with Option500 you have to follow the steps provided on the website.
Deposit and Withdrawal Procedures
The minimum deposit is 200 USD/EUR/GBP/AUD. Option500 follows a standard procedure of money withdrawal. Once you have enough funds in your trading account, you are able to send a withdrawal request and the broker will process the funds withdrawal. You can withdraw funds in the same way as you deposited them. Please note, that Option500 will request an identity proof before process the withdrawal. It s made only for security reasons of your money.
Support service can be from time to time be really helpful. You can call Investors Hotline or leave a message at their email, describing your problem. The sooner you contact the Support service, when the problem arises, the more chances they have to solve it. The address of Option500 can be found on the website – NWMS Center, 31 SouthHampton Row Office 3.11, 3rd floor, London, UK, WC 1B 5HJ.
ConclusionAfter detailed investigation our team concluded that there are better choices than Option500. 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 Option500.
We recommend you to Proceed to Safety and avoid scams by choosing High-Rated and Trusted Brokers on Is-Scam.com.