360FXOption Review: Unruly Binary Scam

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360FXOption Review: Unruly Binary Scam

360FXOption ( is offering Binary Options, Cryptocurrency, and Forex assets on their platform. 360FX Option is claiming to offer better percentages than any other trading platform. 360 FX Option is professing to receive results by combining marketing and industry experience. These claims seem okay, but when you look underneath the platform, some damaging tactics are used. Most members are angry with the platform. Read this whole 360FXOPTION Review for more.

360FXOption Review

360FXOption Review

The purpose of a review is to share our results after conducting a thorough investigation. A review helps newbies and investors know more about the platform before signing up. After you read a review, you get to know the features involved and results projected. You don’t have to do the research; experts have already done the job for you. And this is why reviews helps to point to relevant and reliable brokers the market has to offer. It is best you read reviews before you commit any funds to an online investment platform.

360FXOption is causing a fracas in the market as more and more members come out with complaints. One of the most notable complaints is lack of withdrawal from this platform. Over fifty members have come out with this problem. Others claim to be harassed with constant calls from call agents asking them to deposit more funds. Once you give out your contact details, you open yourself up to unwanted and unwarranted calls. And these are some of the reasons why we list 360FX Option as a scam.

About 360FXOption

The platform has the audacity to claim to be a leading exchange in the U.S. They claim to offer binary options and Cryptocurrency assets. One of the biggest lies on their website is the claim they are regulated by the CFTC. Another issue we have is the fact that they claim to be located in Florida. After reaching out to notable brokers and investors in that region, no one seems to confirm their location. Scam artists will do or say anything to try and make their platforms appear legit. And this is why you must go for recommended and top rated binary options signal providers backed by experts.

From what we can gather, 360FXOption is using false information to try and fool investors. And this is a tactic used by offshore brokers. The fact that 360FXOption is shielding the names of the founding members leaves a lot to be desired. 360 FX Option is in fact an anonymous platform which is targeting investors from America and Europe. You have to stay away from such platforms as they will take all your money.

Domain Details

Scam artists will try and sell their reputation by claiming to be in the industry for long. If you look at the bottom of their homepage, it shows they have been in the industry since 2010. The creation date of this website was on 14th September 2019. It means 360FXOption is barely a year old and their reputation gets thrown out of the window. Scam artists will do or say anything to try and get their platform appear genuine.

License and registration of 360FXOption

360FXOption is NOT LICENSED OR REGULATED by any regulatory body in the U.S. The claim of being regulated by CFTC is a lie and should not be trusted. In the States, the only body mandated to license Binary entities is the National Futures Association. One of the measures is to deposit a mandatory 20 million capital requirement. And these are the reasons scam artists stay away from the American market.

To confirm our fears, we also reached out to other regulatory bodies in Europe and Asia. These bodies include ASIC, CONSOB, CNMV, CySEC, FCA, and FINMA. None of them has ever heard of this platform. No company register in the world has this platform as a registered entity. And this is concrete proof we are dealing with a rogue online scam platform.

Disadvantages of 360FXOption

Account Details

360FXOption About the Platform

360FXOption is not furnishing investors with any information regarding available plans. And this leaves more questions than answers. No broker knows the set minimum deposit required to start trading with this platform. And this is a huge problem as it leaves investors open to fraud. The scam artists will ask for insane depository amount which is inconsiderate of them. You should know that the industry has set $250 as the required minimum deposit.

Contact and Customer Support

The platform claims to have a live chat support. Once you click on it, you will be greeted with a welcome message. When you type in your request, a bot answers your queries. We don’t advocate for bot services as they never answer some humane questions. And this is why a real platform should have live chat agents. 360FXOption is not offering chat services that will fully answer your questions. It means you are freely giving your contact details to an unknown third party.

Deposit and withdrawal

Another shocking issue we found with this platform is not allowing withdrawals.  After depositing, they expected the funds to reflect on their trading account. Once this did not happen, they realized something was wrong and contacted the platform. 360FXOption is giving excuses as to why funds are not reflecting on accounts. They claim the banks used by investors did not send the funds. And this is why you should try and file a chargeback with your bank.

Trading Account

360FXOption is claiming to offer a cross-platform trading service which can be accessed on any device. And this is a huge problem as their platform is custom-made and never truly tested by experts. Most custom-made platforms never undertake rigorous testing which makes them vulnerable. One of the biggest disadvantages with this platform is having an unstable platform. Another issue is they don’t have adequate security measures to protect traders from third party attacks.

Safety of funds with 360FXOption

When it comes to safety of funds, the platform is far from offering ample security. Without proper account information, we are sure 360FX Option is not segregating accounts. And this means we are dealing with a platform which is pooling funds in one account. The problem with pooling funds is that you will never get any compensation once the platform goes under. 360 FX Option is not participating in a compensatory scheme which is a huge problem.

Scam or legit

Depository channels

With the platform not having proper license details, 360FXOption is a scam. Stay away from this platform and never associate with their call agents. You should avoid joining any of their affiliate programs or commission based jobs. Once you receive any promotional links from their email marketing representatives, delete it. You know now not to trust this anonymous and unlicensed 360 FX Option online platform.

Bottom line

We will be adding this platform to our scam blacklist and ensure our readers never fall for their tricks. Continue reading our reviews and get more information regarding online trading products.

Wishing you all the best.

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