Want to profit from binary options trading?
Heard about Bee Options but fear it might be a scam?
Investing your money in online options trading can be very profitable, but surely there are risks involved. Find out whether Bee Options is a good choice or a fraudulent binary options broker. It might be the difference between a successful trading experience and an unnecessary financial loss.
What is Bee Options
Bee Options is a new options trading company trying to make a buzz in the binary market. As so many other brokers, it claims to be the best choice for clients interested in this financial derivative. But does it offer any meaningful advantages over other, more experienced brokers? Here is how it compares with the leading binary options corporations.
EmpireOption is among the largest binary brokers worldwide, and besides several tutorials and trading videos, it gives you free use an advanced trading signals service. This fully regulated broker has professional account managers which are always willing to assist clients, and the quality of their customer services has been widely praised:
Other than EZTrader, RedWood Options is the fastest growing binary corporation worldwide and this success is no coincidence. This binary broker has the best team of financial investment advisers ready to help you and teach you the trading strategies you need for a consistent accuracy in your predictions. It also offers high payouts and a large cash bonus that will be added to your account as soon as you sign up:
Meanwhile GOptions offers a full one-on-one training course that traders have praised for improving their profit percentages. Once you open your account, a personal account manager will contact you and start helping you with your trading experience. GOptions also offers a free trading signals service and risk free trades for new traders who want a safer and more cautious approach:
Regardless of the veracity of scam allegations faced by Bee Options, the bottom line is that this binary options broker does not have either the tools nor the personnel to properly guide you to a consistent gain. For that you need binary companies willing to invest in your training and such that offer you all the professional guidance that creates an extra income for you.
Any of these brokers when compared to Bee Options simply give you an array of investment possibilities that Bee Options lack. Aside of the scam rumors, you must consider the benefits you can get when choosing your binary broker.
Bee Options Site
Bee Options was launched in early 2013 and therefore can be considered a very new firm. It uses the popular Spotoption trading platform, and is therefore a white label, and not an independent firm.
The site itself is orderly, but neither innovative or informative. The content is very scarce, and unless you are simply looking for a place to perform your trades without additional advantages, there does not seem to be a justification for choosing Bee Options as your broker.
Of course, when a company that is offering a financial service that involves the administration of your monies presents such a dull and basic site, the fear of a scam immediately arises. Is such a worry justified?
Bee Options Reliability
Doubts about Bee Options are understandable as soon as you investigate the origin of this company. Among the signs that should be a red light and an indication that there is cause for concern are the fact that the Bee Option site provides no information about the ownership or status of this company.
The whereabouts of Bee Options are unclear, not what you would expect from your investments broker, although the site does inform that UKTVM is the “processing entity” whatever that means.
What can be confirmed is that UKTVM is also a recently incorporated UK firm with no official records filed, all facts which add to the murkiness and mistrust that Bee Options might create. Although there is no reason to consider it a scam, Bee Options is hardly a reliable place for your money, at least until the transparency with which it presents itself improves drastically.
Asset List and Payouts
Bee Options offers the basic variety of option types available on most white label binary companies. Those include the high/low, one touch, 60 second, option builder and pro trader investment opportunities.
The asset index is heavy on stocks and indices, but could have a larger range of currency options. Binary options traders give preference to this type of asset, and although it is possible to create a reasonable portfolio using Bee Options’ current list, there is room for improvement.
In terms of payouts, Bee Options is in the mid-to-low average, as traders can gain 80%per accurate prediction. All in all, the site has no major flaws, and it is rather what it lacks that makes it a weak choice for new traders.
Bee Options Scam – Summary
- Bee Options is a very new binary options broker
- The site is available in three languages: English, French and Spanish
- Nonetheless, Bee Options clients-base is formed mainly by traders from the US and Canada
- Although it might not be a fraud, there is almost no formal information about this corporation
- If their commitment to transparency does not improve, this binary company might face a similar situation to that experienced by Cedar Finance
- Until it is able to offer more to traders, this broker is not a great choice for your online investment
Bee Options Scam Updates
On November 2013, BeeOptions has launched its year-end promotion, offering clients depositing $500 or more two risk-free trades. In other words, the client makes the trade and benefits from a positive outcome, while not losing any monies in case the trade is unsuccessful. This type of promotion is common in the binary options market, with EZTrader offering a 3-trade promotion on a constant basis on their VIP plan.