Access Trade Options is a digital options brokers who is purportedly dealing in a number of assets which include stocks, commodities, currencies and indices. The main focus for this broker is on Binary Options where they claim to give up to 81% payout and even claim that traders on their platform can sell their options before expiry date. Access Trade Options is quite suspicious because in their about us page, they do not tell us who they are or even how they started. Instead, they give us vague information about binary options trading and their platform.
Access Trade Options is allegedly owned and operated by an entity called Accesstradeoptions Europe Ltd services. But at the same time, they are listing a US address on their site, which gives the impression that they are either based in the US or are also targeting clients from the United States. It is important to note that most jurisdiction in the US do not consider Binary Options as valid assets for trading.
They claim that Access Trade Options complies with the financial directives of the European Union (MiFID) and is registered by the Cysec. However, there is no Cysec license number anywhere on their website. So this means that Access Trade Options is lying about their registration details. The company is essentially claiming that they are headquartered in the UK, but have a presence in all countries around the world. The question we are asking is whether this company is allowed to offer its services to all countries around the world, and secondly, we want to know why they are lying that they are a safe platform for traders when the truth is that they do not have Cysec licensing number.
Before we move forward with this review, we want to point you in the right direction as far as brokerages are concerned. If you want to trade and make money, our advice is that you should utilize the services of these broker. Avoid brokers who tell you that they are licensed when they are not. We know them very well. They will either publish a license belonging to another broker or do nothing about it other than claiming that they are regulated.
On their website, they claim that they are offering the most popular trading product on a top regulated brokerage platform. They are announcing up to 97% profits for the options which they are offering, and we are thinking that this is too good to be true. No brokerage can provide this kind of profit and even if they did, probably they would be out of business soon.
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The products which they offer include Binary Options in addition to what they call Ladder, iFollow and One touch. These are all variations of binary options and the idea remains the same. There is nothing unique about them at all. In addition to this, they are also claiming to offer welcome bonuses starting $25 up to $100. Even if you found yourself using such a rogue broker for whatever reason, you should never accept bonuses from them. They are a way to create excuses later on when they want to steal your money by way of refusing to honor your withdrawal requests.
Some of the accounts offered by Access Trade Options come with educational materials and general signals for those who are just getting started. The minimum deposit that this brokerage is asking for is $500. As you can see, Access Trade Options is a big risk because what they are asking for is not a small amount of money indeed. If you lose $500 in their hands, you could regret it very much.
Also, the kind of pictures that we find on this website are of poor quality, and Access Trade Options is simply not inspiring confidence unlike regulated brokers who have been in this industry for long enough to gain our trust.
The details of the company behind their operations are scanty. The background of this company is not known because even on their about us page, they are only giving us vague statements about who they are and what they do. There are no hard facts to describe why Access Trade Options is a genuine broker.
We definitely consider this a red flag and if you have not picked the cues by now, you are walking on a dangerous ground and you will most likely lose a lot of money to this broker.
What we are seeing is that this is just a tool for losing money on the internet. And their target has to be naive internet users who want to try their hands on 60-seconds of trading without knowing what they are trying to get into. Unfortunately, this lot of traders often find themselves sending funds to a broker without first conducting due diligence to ascertain the credibility of the broker.
We do not trust Access Trade Options for the simple fact that they are unregulated and yet are claiming to be regulated. They are operating a business that needs to be regulated and supervised by the relevant authorities in their country and also in the countries where they target customers. But as you can see, Access Trade Options operators do not care. They only care about scamming internet users.
And also the fake testimonials which they are using to mislead prospective customers are portraying a bad image concerning this broker. We do not think these images are real because even if you research them on Google, you will find that all of them are stock photos or photos belonging to other people who have nothing to do with this brokerage.It’s that sad.
Access Trade Options is not to be trusted unless you want to lose your money. The kind of returns which they are offering are too good to be true, and you know it already. If you want to trade, our advice is that you should choose these brokers.
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