Forex Option Profit-Overview of Minimum Deposit, Leverage, Spreads

General Information

Forex Option Profit presents itself as a Wealth Management Company, offering services on Crypto assets in the Blockchain through trading on a wide range of instrument categories.

Regulatory Details

Please note the regulatory status of Forex Option Profit on WikiFX is marked as “No License”, as it has been verified that this brokerage is not subject to any valid regulation.

Forex Option Profit only got a low score of 1.24/ on the WikiFX website. Investors should take extra vigilance when selecting this forex broker.

Market Instruments

Per Forex Option Profits official website, it offers diversified instrument categories, which include Cryptocurrencies, Indices, Foreign Exchange, Commodities, Shares, Options, and ETFs, all available on this brokerage platform.

Account Types

Four investment plans are available with the Forex Option Profit platform, mainly categorized by the initial deposit range for each account. The Starter Plan requires an initial deposit of between $500 and $4,999, and this account promises a daily return of 15% for 10 times. $5,000 to $9,999 to open a Silver account, it promises a daily return of 15% for 12 times. The Gold account says it comes with a daily return of 15% for 16 times, requiring an initial deposit from $10,000 to $49,999. As the most expensive account, the Platinum account, promises a daily return of 15% for up to 2o times, asking for an initial deposit from $50,000 to $100,000.

Deposit & Withdrawal

The minimum deposit amount is $500, and the minimum withdrawal amount is not disclosed. Forex Option Profit allows its clients to make a deposit and withdrawal through limited payment options, including Ethereum, Bitcoin, Litecoin, and Perfect Money.

Concerning withdrawal, Forex Option Profit promises that traders can withdraw their profit from its investment plans in 24 hours to 72 hours of trading days in a week. They can also choose to accumulate profits to their desired amount till withdrawal.

However, this broker has been reported to have serious withdrawal problems. A trader said he invested $500 on the Forex Option Profit platform, but this broker kept asking him to deposit more funds upon withdrawal (see the screenshot below). Eventually, he still could not withdraw his deposited money.

Customer Support

Forex Option Profit can be reached through the following channels:

Email: support@forexoptionpro.com

Online Communication

Risk Warning

Forex Trading and Leveraged trading carry a high level of risk, and it is not suitable for all investors. Please note that the information contained in this article is for general information purposes only.