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No Regulation
Score
1.48 /10
Danger
Forbit Option
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index6.80
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
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Warning: Low score, please stay away!
2
Previous Detection :
2024-09-20
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
General Information & Regulation
Forbit Option is an online broker registered in China, and it is not subject to any regulation at this stage. Please be aware of risks.
Market Instruments
Forbit Option offers three trading assets: forex currency pairs, options and crypto currencies. Tradable financial instruments on the Forbit Option platform seem quite average, as many other brokers can offer stocks, commodities and other trading classes.
Accounts
There is no trading accounts information displayed on theForbit Option website, nor the minimum initial deposit requirements.
Leverage
Trading leverage information is unknown. Since margin trading is full of risks, traders should be very careful to choose proper amount of trading leverage.
Spreads & Commissions
The spread on particular instrument is not given byForbit Option, even the benchmark of the EURUSD pair. According to the industry standard, the average spread of the EURUSD pair is varying from 1-1.5 pips.
Trading Platform Available
Forbit Option doesnt provide any specific trading platform.
Deposit & Withdrawal
Likewise, Payment methods are missing. Many other brokers would offer some convenient deposit and withdrawal methods like wire transfer, visa, Mastercard and e-wallets like skrill and Neteller.
Customer Service
The Forbit Option customer support team can be only reached through email as well as some social media platforms including Youtube, Facebook and Twitter.
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