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Option500 Review
Rating:
Option500 caused a lot of controversy among binary traders. This is why we encourage you to read our Option500 review where we will carefully examine every corner of this website.
Min. Deposit: $250 Demo: N/A
Platform: Custom Bonus: N/A
Regulation: N/A US Clients: N/A
Sign up with IQ option Instead
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK
Option500 Review: About the Company
The first thing to say is that the info in “About Us” section does not look very explicit. After looking around a bit, we have discovered that the possible address of Option500 is 272 Bath Street, Glasgow, G2 4JR Scotland. The broker claims to have international offices, but the link where more info can be given is inactive. Another aspect to take into account is that Option500 binary broker is not regulated.
Essentially, the website is accessible in four languages, i.e. English, German, Italian and Arabic. US clients are not accepted.
Option500 Trading Accounts
A live account can be opened in 3 currencies – USD, EUR, and GBP. There is only one standard real trading account, which means that no advanced or VIP features are offered.
Although there is a possibility to make a one demo trade, no full practice account is offered at Option500.com scam.
Option500 Scam Trading Platforms Review
There are two trading platforms offered: TradeSmarter and their own platform. Both platforms are web-based, which means that no files are required to be installed on the PC.
Although platforms allow trading currencies, stocks, commodities, and indices, the number of tradable assets is very scarce – only 51.
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As for the binary trading modes on Tradesmarter, it possible only to choose High/Low trading, 60 Secs and StrategiX. The last mode simply combines Above/Below options, Touch/No Touch options, and Range Options.
On the other Option500 platform, which is referred to as “for professionals”, there is nothing fascinating. Option500 scam only enables the trader to pick High/Low options trading here. An extra feature on this platform is social trading that allows copying other traders or being followed. However, copy trading at Option500 exists only on the paper. This means that practically you cannot copy the performance of other traders, only see in the activity stream what they are doing.
Option500 Bonus
There is a welcome bonus offered upon registering and making the minimum deposit of 250 USD, EUR or GBP. It is a 100% deposit bonus.
Customer Support at Option500 Scam
Client support can be contacted using a phone number, email or live chat during market hours. Unfortunately, no localized support is provided by Option500. Many Option500 reviews admit that FAQ is very shallow in terms of information given. No specifics about trading accounts or deposit/withdrawal is there.
Deposits & Withdrawals
Either to make the deposit or withdrawal of funds, the trader can use credit/debit cards and wire transfers. Accepted cards include Visa, MasterCard, Diners Club International and Maestro.
Option500 Review Conclusion
Is Option500 safe? Our answer is no. We do not advise to sign up with Option500. It is better to deal with trusted binary options firms.
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK
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Check Option500.com domain with our database of “scam” words:
No suspicious words found in the domain name.
A legit shopping website should not use a branded name (i.e. rayban) in the domain name.
Only the original manufacturer (i.e. RayBan) should use its brand name in the domain name.
This option should help identify potentially fake online shopping sites.
Check if Option500.com uses a valid HTTPS secure connection:
This site uses an HTTPS secure connection.
Issued From | GeoTrust Inc. |
Valid To | July 4, 2020, 1:59 am |
An HTTPS secure (encrypted) connection is recommended for online shops and e-commerce websites.
So when you submit sensitive information they are securely transmitted over HTTPS.
I would never enter my credit card details in a non-HTTPS website.
Check if Option500.com is popular among Internet users:
This site has a good online popularity.
Option500.com is ranked #492,670 among millions of websites according to Alexa rank.
An Alexa rank higher than 0 and less than 500,000 means the site has a good amount of traffic.
The more Alexa rank is low (but > 0) the more the website is popular.
Check when Option500.com domain name was first registered:
The domain name was registered 6 years ago.
A domain created less than 3 months ago is considered new and thus potentially suspicious.
We may not have enough details to judge a website created only a few months ago.
Pay attention if you plan to buy goods from a “young” e-commerce website.
Check if the domain name has a commonly abused TLD:
The domain name has a commonly used TLD.
I would not buy goods from a domain that ends with .XYZ or .CLUB or .TOP.
We check the domain extension (TLD) to see if it is related to commonly abused TLDs.
Many scam websites have domains that end with uncommon and cheap TLDs.
This additional check should help you make the right choice.
IP Address | 109.199.121.227 |
Hostname | c42281.sgvps.net |
Hosting Provider | SiteGround |
Country | (BG) Bulgaria |
Before buy something from a new site:
- 1) Check if the site has a “contact us” web page
- 2) Avoid online shops that use free email providers (i.e hotmail, gmail)
- 3) Check if the site shows info about its company (name, address, country)
- 4) Check if the site has an “about us” or “company” web page
- 5) Check if the site has a valid VAT or Partita IVA number (EU only)
- 6) Don’t be fooled by low prices, if it looks too good to be true, pay attention
- 7) Check if the site has a social profile (Facebook, Twitter, Instagram)
Try to always first contact the website owner via email
- 9) Analyze the domain WHOIS data to find info about the site owner
- 10) Look for possible English (or other language) grammar errors
- 11) Do not pay via credit-card, use PayPal instead (easier to get refunds)
- 12) Verify that the website is certified by McAfee SECURE
- 13) Never enter sensitive information on non-HTTPS pages
Please write useful comments by including proofs:
Option500 is a scam! Do not register! Read more in our Option500 review!
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Top Binary Options Broker 2020!
Best Choice For Beginners and Middle-Leveled Traders!
Free Demo Account!
Free Trading Education!
Big Sign-Up Bonus! -