Broker Review BQ Options

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Broker Review: BQ Options

Today I’m looking at a new binary options broker that promises to have the latest server security technology, and a streamlined platform, BQ Options. The presentation of this brokerage is less professional than most of the brokers that I review. Many of the pages aren’t stylized correctly, and this doesn’t exactly instill me with confidence.

The broker is owned and operated by TradeFinancials Ltd, located in the Republic of Cyprus, licensed by the Cyprus Securities and Exchange Commission (License Number 216/13). To get in touch with the support team, traders can email [email protected] or phone +(44) 7418 330685.

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BQ Options Review

The main sales page for the BQ Options brokerage focuses a lot on security and support. They really want to push across the message to the average binary options trader, that they are a trustworthy brokerage that does everything they can to ensure that “all your data remain private and secured.” I do appreciate this approach, but considering how much emphasis they are putting on these factors, I do believe that they should be providing us further detail about the security and why it’s so top of the line.

Outside of the front page, the only other information about the broker is on the about us page. This page is very poorly formatted, and seems to be missing a video or image at the top left-hand side. Considering there are only 2 pages available, it is some cause for concern that one of the pages is this poorly put together.

Here they tell us that that they are one of the leading binary options brokers in the industry with the payout as high as 81%, but I’m not so sure they are as big as they claim. The main reason I say this, is just because I’ve never heard of them until today, and is very little information about them anywhere online.

Details

Type: Broker
License: CySEC
Located: Cyprus
Company: TradeFinancials Ltd.

The broker is licensed which is a plus, but there isn’t a lot of compelling information that is drawing me towards the sign up button. In going through the site a couple of times, I’m really not sure if there’s anything that differentiates them from your normal binary options broker. I would like to see more, and hear more.

Statistics

There is a strange section on the BQ Options front page labeled stats. Under this headline we are told that they currently have over 333,000 clients, over 9800 platforms and millions of completed trades. I take issue with all of these numbers, and I don’t believe them to be true.

I think that the creators of this brokerage are trying to compete with the big boys, by pretending to be one. With such a minuscule footprint online, I don’t see how this broker could have more than just 5000 clients. Yet, they claim to have over 330,000, this just doesn’t seem right.

Another number I take issue with is the platform number. Every binary options broker on the market uses one platform, so I’m not sure why this broker is claiming to use almost 10,000. Honestly, I don’t think there are more than 10 platforms available to serve the binary options market. This statistic makes the broker come across as uneducated when it comes to binary options, and that’s also quite concerning.

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Conclusion

At this point in time, I can’t recommend anyone register with BQ Options. The statistics section of their webpage is something that I take major issue with. When I’m looking to sign up and invest my money with a company, I want them to be as transparent as possible. In this case, I believe that the owners of this brokerage are intentionally deceiving us in order to seem bigger than they are. There’s nothing wrong with being a small brokerage, but there is something wrong with pretending to be something that you are not.

Thank you for visiting my review, and please let me know what you think about it, and what you think about binary options in general.

BQ Options Broker – Full Scam Review Available

The BQ Options broker is a freshly established online investment broker. It was just introduced to the online trading community and people are asking questions about it. Mainly, if one can trust it with one’s investment capital. This concern is born from the fact that there are not only numerous scam trading robots but also unreliable brokerage houses that attract customers whose funds suddenly disappear into a black hole.

That is why I decided to investigate brokers that do not strike trust and to try and answer the questions my readers might have. The following BQ Options review discusses whether it’s a scam. Below you can find what opportunities it provides and if you can benefit from them or not.

Overview of the BQ Options Broker

According to the available information, the brokerage has been created by a team of professional investors and financiers with experience in the Forex industry. My in-depth research was not able to confirm the background of the broker.

Review Verdict: BQ Options Is Scam

It claims to provide risk-free investments but there is no way to guarantee something like that. This is because the online trading world is highly volatile. The only risk aspect you can control is whether it is low, medium or high when you place manual investments.

In its foundation, the BQ Options broker is a platform for manual trading and thus you need at least some knowledge of the industry. Most reliable brokers eliminate that need because they are optimized to be user-friendly and provide free educational resources that can help you gain foundational knowledge of the industry.

If you lack experience and you prefer to carry out investments with the help of an online trading system check out the QProfit System. It is compatible with some of the best investment brokerage houses and is equipped with assisting capabilities.

BQ Options Trade & Account Types

What makes for a good broker is the availability of various account types that can accommodate the needs in interests of people with different levels of experience. In this regard, the BQ Options broker offers four accounts you can choose from to start with:

  • Starter Account – the minimum starting deposit is $500.
  • Basic Account – the minimum starting deposit is $2,500.
  • Pro Account – the minimum starting deposit is $5,000.
  • Executive Account – the minimum starting deposit is $10,000.

Another one of the disadvantages of the BQ Options broker is the fact that it requires one of the highest initial deposits in the industry. There are much better brokers out there that offer investors to start with $200 or $250. And they are proven to be authentic and reliable.

Is BQ Options Broker Scam or Not?

My research gathered enough evidence against the reliability of the broker. Its background cannot be confirmed. It requires a very high initial deposit that is unlikely for the industry. It is not user-friendly and fails to provide useful educational materials so that you can enhance your skills.

There is a significant number of other more reliable brokers operating in the industry that provide a secure and safe trading process, additional features that can enhance your investments, and swift and professional customer service. My advice would be to consider such a broker for your intentions to trade.

Conclusion

The BQ Options broker is a fairly new addition to the world of online trading. It has a significant number of problems that might prevent you from having a fruitful investment experience. There is a slight chance that these problems will be fixed in the future but for now the broker is most likely a scam. It is not promising in any way, requires a very high starting deposit, and lack additional features. It would be better to consider a proven to work and authentic broker instead.

Review Verdict: BQ Options Is Scam

Hello, I am Collin Tyusm. I am a Forex blogger. I have created my blog, because I want to help people learn more about Forex & CFD Trading Software and Bots.

Is BQ Options a Scam?

BQ Options promises to generate significant and stable results in order to meet the expectations of its clients. But is this broker a Scam or Not?

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DISCLAIMER: All Information such as Winning Ratios, Results and Testimonials are to be regarded as simulated or hypothetical. All the information on this website is not intended to produce nor guarantee future results. There’s no guarantee of specific results and the results can vary.
RISK DISCLAIMER: Trading Binary Options is highly speculative, carries a level of risk and may not be suitable for all investors. You may lose some or all of your invested capital; therefore, you should not speculate with capital that you cannot afford to lose. You may need to seek 3rd party financial advice before engaging in binary option trading.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Demo Account!
    Free Trading Education!
    Get Your Sign-Up Bonus Now!

  • Binomo
    Binomo

    Good Choice For Experienced Traders! 2nd place in the ranking!

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