Abstract:Established in 2019 and with headquarters in China, Option 2 Trade functions as an unregistered trading venue. For dealers weighing its offerings, this lack of control could provide hazards.
Note:Option2Trade's official website:https://option2trade.com/ is currently inaccessible normally.
Aspect | Information |
Company Name | Option2Trade |
Registered Country/Area | China |
Founded Year | 2019 |
Regulation | Unregulated |
Established in 2019 and with headquarters in China, Option 2 Trade functions as an unregistered trading venue. For dealers weighing its offerings, this lack of control could provide hazards.
Option 2 Trade conducts business is free from government control,so the financial regulation is not applicable. For traders who are thinking about using the platform, its unlimited character can cause issues about security and compliance.
Operating without government control, Option 2 Trade exposes traders to more risk because of lower responsibility and less openness.
Also,Option2Trade has a dubious commercial scope.It implies possible dishonest behavior or ineffective operations.
Option 2 Trade lacks significant technical indicators including MACD and Bollinger Bands and provides few ways to change charts. This makes customers less able to trade successfully and evaluate information.
On WikiFX, “exposure” is explained as user-generated word-of-mouth.
Before trading on uncontrolled platforms, traders should check material and evaluate dangers. About related details, kindly review our platform.
There were 2 exposures of Option2Trade on wikifx. I will introduce them all.
Exposure.1 Account frozen
Classification | Account frozen |
Date | April 18th,2024 |
Post Country | South Korea |
The client claimed that despite confirmed facts, Option 2 Trade froze their account, therefore stopping profit withdrawal.Visit:
https://www.wikifx.com/en/comments/detail/Co202404188641152682.html
Exposure.2 Lacks indicators
Classification | Lacks indicators |
Date | April 18th,2024 |
Post Country | Australia |
The consumer mentioned Option 2 Trade provides little chart customizing and missing basic technical indicators like MACD and Bollinger Bands.One can visit:
https://www.wikifx.com/en/comments/detail/Co202404189671402942.html
Trading is dangerous on Option 2 Trade since it is an uncontrolled platform with dubious business methods and technological restrictions. For a safer trading experience, use controlled and open brokers.
Robinhood to introduce options trading in the UK by 2025 following FCA approval. Discover how this expansion aligns with Robinhood's strategy for global growth and new features.
In recent months, PrimeX Capital, a Forex and CFD broker established in 2022, has become a subject of concern in the trading community. However, despite these enticing features, the broker's reputation has been severely tarnished by multiple complaints and a troubling lack of regulatory oversight.
Markets4you, is a global forex broker launched in 2007. It was established in the British Virgin Islands. This broker offers its global traders various market instruments.
Discover how MultiBank Group, a global leader in financial derivatives, secured three prestigious awards at Traders Fair Hong Kong 2024, highlighting its innovative trading solutions and industry excellence.