Are you interested in the high payouts offered in binary options trading?
Unsure about the OptionWeb scam rumors you read or hear about?
Binary options is a financial derivative involving risk and therefore choosing a trustworthy broker is the first step in your path towards high profits. Learn the truth about OptionWeb and understand the fraud accusations that surface against this broker.
The OptionWeb site was launched in mid 2012 but only began fully operating in 2013. Since then, it has been able to develop an interesting and dynamic site with multiple choices and investment opportunities for the traders. But, is it safe?
OptionWeb is owned by Lionsman Capital Markets, a company based in Cyprus for regulatory purposes. Although some binary firms have been able to obtain the CYSEC regulations and OptionWeb is among them, concerns remain as to the safety of a regulator (the Cypriot government) that is itself immersed in an ongoing financial crisis. Furthermore, since it is a White Label company operating a trading platform owned by SpotOption, the effectiveness of the regulation is not as clear as would be in the case of a broker which has developed its own trading interface.
That is why your choice of a binary broker should not be limited to the technical aspect of regulation, which is important, but to the overall reputation and experience the company has in the online trading field.
OptionBit, the 2nd largest binary options company, is also a prefered destination for traders, not only for its impeccable service and excellent resources, but most notably for offering the most advantageous free tool of the binary options market: Algobit. This binary trading signals service is incorporated to the trading platform, allowing traders to benefit from all the opportunities the market presents in real time. Algobit is an automated trading device that requires no prior knowledge and basically operates with independence, so that you profit without the need to follow market trends or oscillations. Only a serious corporation like OptionBit would have invested the resources needed to give you this advantage for free:
Banc de Binary, in this case, is the most reliable and respected binary broker worldwide, renowned not only for the professionalism and expertise of its investment advisers, but also for offering the highest yields, best cash bonus deals, and most efficient customer service. Furthermore has European regulation both from the CySEC and the FCA. Famous for its educational tools and for its unique trading platform this is a top broker you can trust and profit with. It is the sponsor of the Liverpool FC club:
24Option offers a promotion that will allow you to become acquainted with the trading platform and experiment with new trading strategies without any risk. Their risk free trades give you all the advantages of accurate predictions without suffering any loss when a transaction is inaccurate. 24Option also offer guaranteed asset prices, forex trading and same-day withdrawals:
In spite of the efforts to build an interesting site, offer diverse promotions, inform about risk management and provide regulatory documentation, OptionWeb is still involved in scam rumors and complaints about the company are not uncommon in social networks. Is there reason for concern?
The reason allegations of wrongdoing occur in the binary options field is mainly due to the speculative nature of this financial derivative. Of course, an investment which rewards clients with extremely high payouts for very short term contracts also involves a high degree of risk.
Unfortunately, many traders are not aware of this, and therefore feel cheated when losing their money to ill-fated trades. The fact remains, though, that serious clients will always learn trading strategies and work within a financial method to minimize risk and increase profitability. But those who do not, many times accuse OptionWeb, and many other brokers, of a scam.
Surely certain binary corporations, such as Cedar Finance, have not been as forthright with their clients, and therefore a fraud allegation against them is not without cause. But in the case of OptionWeb, it is fair to say, there is no fear of wilful wrongdoing.
Payouts and Promotions
OptionWeb is a Spotoption white label firm. Spotoption is the largest trading platform provider of the binary field. That is why the trading experience with OptionWeb should be a good one, and the asset list they provide is diversified, containing a reasonable amount of currencies, stocks, commodities and indices with which to form a profitable portfolio.
There does not seem to be a consistent methodology to the payouts offered, which is a problem, because it does not allow the trader to properly implement certain aspects of the most basic trading strategies. Although marketing a 85% return per trade, the reality is that what OptionWeb offer is substantially less. This is in no way a scam, though, and in any event, the payouts in binary trading are always very high.
OptionWeb does allow traders to attempt one insured trade. In other words, the first lost trade posted by customers is reimbursed, if its value is within the promotions specification. Although this is mostly a gimmick, it is nonetheless a positive one, and it does incentivize traders to be slighlty more aggressive from the onset.
OptionWeb Scam – Summary
- OptionWeb is a property of Lionsman Capital Markets, which also owns Global Capital Markets, a binary options broker catering to Chinese traders
- This relatively new binary company has a site available in English, French and Italian, but most of its customer base is in France
- There is no OptionWeb scam, the reason for such accusations is most probably related to frustrated and inexperienced traders
- Since binary options trading is highly speculative, it is recommended that clients use caution, and select the most professional brokers to invest with
- While presenting a well structured site, OptionWeb has yet to gain the experience and expertise, or to offer the tools and advantages, that the most prominent binary brokers can deliver
- Although there should be no fear of a scam, there are currently better choices for you to invest your money and profit with
OptionWeb Scam Updates
This binary broker has significantly increased its market share in Italy since September 2013. One of the countries with the largest volume of binary options traders, Italy has restricted sites offering this type of financial derivatives, allowing only properly regulated companies to offer their services. OptionWeb’s inclusion in this list has ensure it a level of success with Italian traders.