Broker Review Exoptions

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Broker Review: Exoptions

Today I’m providing traders with a review of a new broker promising all the most popular assets to trade in a regulated environment, Exoptions. This broker does not have much of a reputation in the marketplace yet, as I’ve just heard of them for the first time this past week. One of my readers asked me to take a closer look at the platform, so I decided to do so, and provide some analysis along the way as well.

According to the website, the head offices for the brokerage are at 312 Ross L. parks Avenue 25TH Floor Nashville Tennessee, United States. It’s extremely rare to see binary options brokers located in the United States, so I’m not 100% sure if they are actually located here, or if this is just some sort of the front. Obviously, I don’t want to make judgments either way, without having more information. To get in touch with support, traders can email [email protected]. There doesn’t seem to be a phone number available.

Exoptions Review

My first impression of the Exoptions website isn’t very positive. Many areas of the website come across as unprofessional, and poorly put together. There are spelling mistakes, grammar mistakes and a general lack of continuity when it comes to the way in which the content is being distributed. This information does not mean that the broker is untrustworthy, or a scam, but it certainly doesn’t instill me with an extra layer of confidence.

The 3 main aspects at the front of the page, that they are currently promoting is the fact that they are regulated, offer simple investing opportunities and provide a referrer friend promotion. They are currently regulated under CySEC, license number 248/14, and they are offering traders a $100 bonus for every friend they refer to sign up with the company.

This is all well and good, but I’m expecting a lot more from a platform that’s looking for me to deposit my personal funds with them. I’m leaning to other new brokers I’ve reviewed like Race Option , and Binary Cent .

Details

  • Type: Broker
  • Location: United States
  • Account Types: Classic – Platinum
  • Welcome Bonus: 25-100%

While the developer does claim to have offices located in the United States, again I believe that we should take this information from Exoptions with a grain of salt.

In order to sign up with this brokerage, traders are required to deposit anywhere from $500-$15,000. In doing so, traders will have access to different account types ranging from classic, all the way up to platinum. Based on how much a trader deposits, determines which account type they are entitled to. Each account type offers increased welcome bonuses, access to brokers, analysts, trading signals and different levels of education are unlocked in the education center.

Personally, I don’t see why any broker would be locking levels of their education center, but this is obviously a way to get traders to deposit more funds. I don’t believe that any of these bonuses are truly worth depositing a higher amount than you are willing to in the first place. Don’t get swayed by a binary options account managers either, because good traders don’t work for brokers.

Testimonials

There are no testimonials are reviews available online about the Exoptions platform, so hopefully this review will rectify that situation, and give traders a place to discuss their thoughts and opinions.

The front page of the website has a testimonial section (which is mislabeled and spelled incorrectly) with 4 different accounts. The testimonials are all poorly written and contain spelling errors. Considering that this is exactly how the website is written, it makes me wonder if these are all fabricated by the brokerage.

Conclusion

I don’t want to judge Exoption too much just on their aesthetic, and presentation, but if I have to choose between a broker that is professional or broker that is not, I will always choose the professional broker. The platform could be great, but the people behind this brokerage need to do a better job at putting forward a clear message and advertising their services with a much higher level of professionalism. Their first step should be to fix all of the spelling mistakes and grammatical errors, and then find a way to tell us why their services are better than other brokers because at this point, I see no reason to sign up.

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!

Please let me know what you think about this review, and the broker itself by leaving the review of your own below the article.

EXOptions Broker Review – Scam or Genuine Platform?

The EXOptions brokerage platform is an online trading broker that provides you with the ability to invest in digital options. It was just introduced to the general public and it seems like not all work on it has been finished yet. This could turn out to be quite troublesome for people if someone rushes into a sign-up.

Below you can find my detailed EXOptions ‘scam or not’ review. I must warn you from the start that this does not seem like a promising broker. It does not look like the most reliable and useful tool for online trading you can find and that is why I would recommend you join a better alternative instead. But to learn more about it, read till the end.

Details on the EXOptions Broker

The first thing that seemed very suspicious about the brokerage is the complete lack of background information. I give that to the fact that the website is still probably under construction. But if you aim for transparency and want to be ethical towards your customers, you owe them a bit of information about yourself. There is no mention of the team that maintains the broker.

Review Verdict: EXOptions Is Scam

But there is an address. It took some digging but it turns out that at that address is located the William R. Snodgrass Tennessee Tower. If you Google the address, you will see that it houses Tennessee government offices, including on the 25 th floor. In other words, this is a total fabrication of location and legitimacy. It is well-known that governmental structures are located in the Tower, I doubt there is a digital options broker there.

The legitimacy of any given broker is crucial to the safety of your investments. When you trade online, your funds are dependent on the security this broker can provide. If you use a trading robot, you need to make sure its integrated brokerages are safe and genuine as well. I would recommend the QProfit System online trading platform as one of those that can connect you to the best brokers in the industry.

The simple fact that there is no real physical address and there is no information about the creators of the broker is a sign enough that something is wrong.

EXOptions Scam Flags

The brokerage is new and it offers 5 account types in total. One major problem with them is that the minimum deposit is not $250 as it is with most brokers, but $500. This is too much to deposit into a brokerage that has not been proven to work and is under the suspicion of being a scam.

To add to that, the EXOptions scam claims to provide a risk-free and completely safe trading environment. T he website itself has not been reliably encrypted. This means that if you share your personal information by filling in the registration form, your personal data might get stolen as it is not encrypted.

Overall Verdict

The EXOptions broker is a scam you should be very careful with. There are much better-developed and more secure online trading brokers you can choose from. The best among the require only $250 as a starting bonus. EXOptions cannot provide safety, security, proper education or satisfying trade-enhancing features. For all of these reasons and the ones listed above, I advise you to consider a different alternative instead.

Review Verdict: EXOptions 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 Exoptions a Scam?

Exoptions 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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