Fearing a OneTwoTrade scam?
Want to know more about this binary broker?
If you are thinking about investing with this company, first read this review about the fraud allegations it sometimes faces online. It will help you make a more conscious decision.
The binary options market emerged mostly in England in late 2008, and it was there that most companies were first established. Nonetheless, seeking tax benefits and unable to properly receive regulatory documents, most binary firms moved elsewhere, mainly to Cyprus or tax-heaven islands.
Yet OneTwoTrade went the opposite way, investing all efforts in England and becoming arguably the largest British binary broker. With a team of professionals who understand and how to market financial products to the British customer, their success has not been without issues.
Dealing with Scam Allegations
OneTwoTrade is not a scam, and indeed it is a reasonable choice for those seeking to succeed in binary trading. Especially for the Brits among you, this is an acceptable selection. This company has certain benefits and can be considered a reliable broker, though its disadvantages can be problematic.
As often happens with UK-based binary options companies, choosing OneTwoTrade does involve some additional risk. Since it has not complied with American regulation, and therefore does not accept US customers, OneTwoTrade is probably not as safe for traders who want to protect their investments more carefully. The limits imposed by the US government are meant to ensure, at least to an extent, the legality and transparency of this financial derivative. The fact that OneTwoTrade has opted out of such a huge market isn’t a good sign, although surely not a reason to suspect a fraud.
So where does the OneTwoTrade scam outcry come from?
As is the case with many brokers who have seen rapid and consistent growth, it is inevitable that some frustrated traders blame their failure on the broker, rather than themselves. This type of fraud accusation is not without cause when the company fails to inform clients of the real challenges and risks.
Yet as was clarified, OneTwoTrade doesn’t fit this label, because it is a broker that acts responsibly in warning clients about risk. Of course, if you wish to invest in binary options and were considering this broker as your destination, probably a better place to make a profit is a company which equally protects clients from excessive risk, and also allows them to learn investment protection strategies.
EZTrader does exactly that. Besides putting at your disposal serious financial consultants, EZTrader fully complies with overseas demands and therefore clients from any country are welcome to profit with them.
Besides the benefits OneTwoTrade does not offer, EZTrader also has practical monetary advantages: it gives a large cash bonus, and it has the highest payouts in the binary field, at 95% per trade:
One golden rule about financial investments is not putting all the eggs in one basket. Although OneTwoTrade is reliable and any scam talk about it is unfair, there are better brokers that can be counted upon.
For British citizens, TradeRush is currently the best binary options company available. Besides offering an excellent service and an excellent asset list, it allows traders to receive one-on-one training, a perfect scenario for new traders or those wishing to test a new strategy or trading method. Joining this broker also gives you access to an immense trading-video library and investing with them today automatically earns you bonus money:
Remember that brokers that do not accept American citizens are lee bound by international law to protect your funds. Though Cedar Finance is a US based broker, it has serious issues, and therefore we suggest a more reliable company that has probably the best team of financial advisers at your disposal. Check out the above companies, which besides a great reputation have an entire section on their site dedicated to teaching you binary strategy.
OneTwoTrade Scam Summary
- This is a reliable binary broker and not a scam
- OneTwoTrade help customers learn investment strategy
- It has clear warnings about risks
- It is the largest broker in Britain
- It is not available to American traders
- The reason for this limitation is that OneTwoTrade does not comply with US regulatory demands
- This essentially means it is not as safe to invest with it
- Preferably select a company that can offer similar or superior tutorials and more legal assurances