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OptionBit -

Score

1.53 /10
Danger

OptionBit

United States

5-10 years

Suspicious Regulatory License

Global Business

High potential risk

http://optionbit-trading.weebly.com

Influence

AAA

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Comparison

Expose

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.14

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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

open now

Regulatory disclosure

Danger

ID BAPPEBTI
2022-02-02
Ministry of Trade Blocks 1,222 Illegal Commodity Futures Trading Websites
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E​xness

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-24
  • 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

OptionBit · Company summary

General Information & Regulation

OptionBit is a binary options operator that is owned by Global View International Services Ltd which is incorporated in St. Vincent and the Grenadines. OptionBit trades currencies, commodities including gold and silver, stocks and indices. However, there is zero evidence that OptionBit is subject to any regulation.

Market Instruments

OptionBit offers its clients forex currency pairs, commodities, gold, silver, stocks and indices.

Minimum Deposit

There are three trading accounts to choose from. The Mini account can be opened with a deposit of $250, and the Standard account has a $1000 minimum deposit. Anyone with $10,000 can open a VIP account.

Trading Platform Available

The OptionBit trading platform, based on the modern technology of TradoLogic, is simple. They recently added the Trader Insight tool to the platform. Like most new Binary Options Brokers platforms, OptionBit platform is 100% web based (available on 10 different languages) and does not require any software to be downloaded. The mobile version of the OptionBit platform allows traders to trade anywhere, anytime.

Deposit & Withdrawal

Deposits to funds at OptionBit can be made via credit cards, wire transfer and a host of payment plans such as Skrill, Neteller, Webmoney, Qiwi and others. The minimum amount to be deposited is $200; the maximum transaction is $5000. One withdrawal a month is free of charge while any sequential withdrawals carry a $30 fee.

User Reviews

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User comment

1

Comments

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FX1460060839
more than one year
Their trading platform is so unstable it's basically unusable, and the spreads are ridiculously high. To top it off, their customer service is completely unprofessional and unhelpful. Honestly, I wish this platform would just disappear - it's not worth the frustration and headaches it causes. Avoid this OptionBit.
Their trading platform is so unstable it's basically unusable, and the spreads are ridiculously high. To top it off, their customer service is completely unprofessional and unhelpful. Honestly, I wish this platform would just disappear - it's not worth the frustration and headaches it causes. Avoid this OptionBit.
Translate to English
2023-03-30 11:02
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