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Option2Trade
China|1-2 years| https://option2trade.com/
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No valid regulatory information, please be aware of the risk!
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1G
40G
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Option2Trade
Option2Trade
China
Pyramid scheme complaint
Expose
Check whenever you want
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- 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
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Option2Trade · Company Summary
Note:Option2Trade's official website:https://option2trade.com/ is currently inaccessible normally.
| Aspect | Information |
| Company Name | Option2Trade |
| Registered Country/Area | China |
| Founded Year | 2019 |
| Regulation | Unregulated |
Option2Trade Information
Established in 2019 and with headquarters in China, Option 2 Trade functions as an unregistered trading venue. For dealers weighing its offerings, this lack of control could provide hazards.
Is Option2Trade Legit or a Scam？
Option 2 Trade conducts business is free from government control,so the financial regulation is not applicable. For traders who are thinking about using the platform, its unlimited character can cause issues about security and compliance.
Downsides of Option2Trade
Operating without government control, Option 2 Trade exposes traders to more risk because of lower responsibility and less openness.
Also,Option2Trade has a dubious commercial scope.It implies possible dishonest behavior or ineffective operations.
Option 2 Trade lacks significant technical indicators including MACD and Bollinger Bands and provides few ways to change charts. This makes customers less able to trade successfully and evaluate information.
Negative Option2Trade Reviews on WikiFX
On WikiFX, “exposure” is explained as user-generated word-of-mouth.
Before trading on uncontrolled platforms, traders should check material and evaluate dangers. About related details, kindly review our platform.
There were 2 exposures of Option2Trade on wikifx. I will introduce them all.
Exposure.1 Account frozen
| Classification | Account frozen |
| Date | April 18th,2024 |
| Post Country | South Korea |
The client claimed that despite confirmed facts, Option 2 Trade froze their account, therefore stopping profit withdrawal.Visit:
https://www.wikifx.com/en/comments/detail/Co202404188641152682.html
Exposure.2 Lacks indicators
| Classification | Lacks indicators |
| Date | April 18th,2024 |
| Post Country | Australia |
The consumer mentioned Option 2 Trade provides little chart customizing and missing basic technical indicators like MACD and Bollinger Bands.One can visit:
https://www.wikifx.com/en/comments/detail/Co202404189671402942.html
Conclusion
Trading is dangerous on Option 2 Trade since it is an uncontrolled platform with dubious business methods and technological restrictions. For a safer trading experience, use controlled and open brokers.
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