Abstract: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.
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:
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.
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.
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.
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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