Score

1.41 /10
Danger

Fosten Options

United States

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index6.23

Risk Management Index0.00

Software Index4.00

License Index0.00

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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!
Previous Detection : 2024-12-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Fosten Options · Company summary

General Information & Regulation

General Information & Regulation

Fosten Options, a trading name of Fosten Options INC, presents itself as a binary trading and investment company based in the United Kingdom that claims to provide its clients with three types of investment plans, as well as 24/7 customer support service. Here is the home page of this brokers official site:

General Information & Regulation

As for regulation, it has been verified that Fosten Options does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.16/10. Please be aware of the risk.

General Information & Regulation

Market Instruments

Fosten Options advertises that it mainly offers access to Bitcoin trading.

Investment Plans

Fosten Options claims to offer three types of investment plans, namely Silver, Gold and Diamond. The minimum initial deposit amount is $300 for the Silver Plan, while the other two investment plans have much higher minimum initial capital requirements of $1,000 and $10,000 respectively. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less.

Investment Plans

Deposit & Withdrawal

From the logos shown at the foot of the home page on Fosten Options official website, we found that this broker seems to accept payments via American Express, MasterCard, Visa, PayPal and Maestro. The minimum initial deposit requirement is said to be $300, while there is no mention of what the minimum withdrawal amount is.

Deposit & Withdrawal

Customer Support

Fosten Options customer support can be reached by telephone: +44 7908 274249, email: SUPPORT@FOSTENOPTIONS.COM or live chat. You can also follow this broker on social networks such as Twitter, Facebook, Telegram, WhatsApp and LinkedIn. Europe Office: London, UK. American Office: 101 West Broadway, SAN DIEGO, CA 92101, US.

Risk Warning

Online trading involves a significant level of risk and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

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四非
more than one year
What the hell? Man! I just opened my trading account, but I cannot login to my account suddenly…I cannot even contact that guy named William, my account manager. I just cannot believe they defrauded me so quickly!
What the hell? Man! I just opened my trading account, but I cannot login to my account suddenly…I cannot even contact that guy named William, my account manager. I just cannot believe they defrauded me so quickly!
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2022-12-16 11:05
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面目可憎
more than one year
Fraud company! It suddenly dawned on me that they were cheating me by asking me to save money, and then paying various fees. They cheated me out of my money and started defaulting. They wouldn't let me withdraw.
Fraud company! It suddenly dawned on me that they were cheating me by asking me to save money, and then paying various fees. They cheated me out of my money and started defaulting. They wouldn't let me withdraw.
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2022-12-06 10:21
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