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Expert Optioner (ExpertOptioner.com) is a binary options scam with withdrawal problems. ExpertOptioner is claiming to help members make 200 percent ROI in less than a week. The audacity of the broker to offer an insane guaranteed profit is what caught our attention. Honest is the best policy, there’s no bot or professional expert that can get this high ROI. The broker is using empty claims and promises to attract investors. Read this transparent EXPERT OPTIONER Review and get more information.
Such a broker with a high ROI is expected to have a solid online reputation. Expert Optioner is not known by any of the Binary Options signal providers or traders. And this is a major problem as no one knows the platform’s trading history. With the online trading world becoming a haven for scam artists, caution should be exercised. Our investigation revealed some damning information regarding the broker. They have been blocking withdrawal requests for amounts above $1,000.
Binary trading is a lucrative form of making money if the right channels are used. Getting an approved and credible brokers is key to success. Without a solid trading reputation, it makes the platform appear new and without a solid reputation. Who has won or made such a high ROI has not come out and gave the evidence. Without any evidence, Expert Optioner remains to be an anonymous website. Such a high ROI should make the world bow down on their feet.
Expert Optioner is only offering binary trading services to clients. On their account’s page, they claim to offer other trading assets. These include Commodities, Currencies, Indices, and Stocks. There is no information given on the leverage and spread available on these assets. What remains to be their biggest selling point are binary options. And this is one of the mistakes we spotted with the broker. Lack of information regarding what the broker means failure to get their trading conditions.
From their homepage, the broker claims to have over 540 data analysis to help with the signals. They also claim to have over 400 happy clients on their website. The reason we doubt this number is lack of evidence from the clients. When a platform is allowing withdrawals, they often show evidence. The evidence should be in form of pictures of videos. Without any solid evidence of happy clients withdrawing, the broker remains sketchy. And these are some of the reasons why Expert Optioner is a scam.
Information regarding the actual owners of the platform remains hidden. Any platform with a high ROI must give credit to the founding members. Information regarding who runs the platform remains hidden from investors. What they have done is post an image of a few people and a signature from the director. Why they fail to post names of the director or staff members remains a mystery. And this means the platform is operated by anonymous people. It is best to know who handles funds with online websites for transparency’s sake. Members have been depositing funds to an unknown third party.
Records from a trusted domain checker reveals the broker is over 1,000 days old. The website expertoptioner.com was created on 4th July 2017. It means the broker has over 1,000 days without getting a valid trading license. Thanks to domain registers, one can determine when a website was created. It helps to show the reputation of a broker. In this case, the broker has gone for long without getting a valid trading license. And this is a good place to check whether a broker has a solid online reputation.
Expert Optioner is using Proviso Township, IL, USA as their base of operation. The CFTC has banned the use of binary options trading in their jurisdiction. If the broker is using a US address, they are banned from offering the services in that area. And this is why there are no license details on the entire website. Without a valid trading license, it means strict industry regulations are not followed. If the broker offers binary trading to other jurisdictions, they should be licensed by other regulators.
After checking with other regulators in Asia, Europe, and Pacific, it is clear the broker is not regulated. ExpertOptioner remains to be an anonymous online trading website with no valid license. Disclaimer at the footer of their homepage has no details regarding regulation. A true broker will post details of their license for all to see. They usually post copies of their license certificates and documents. It helps members to confirm the license details with concerned authorities.
Expert Optioner is furnishing members with four account types to choose from. These accounts include Mini, Silver, Gold, and Platinum accounts. Mini account holders are required to deposit $250 to start trading. Platinum account holders should deposit $10500+ to start trading. The broker guarantees a 200 percent ROI on all deposits. It means the broker will get members two times their initial deposit.
Other than the ROI promised, Silver, Gold, and Platinum account holders are offered a trading bonus. Two, three, and four percent trading bonus are offered on every trade made. The problem with these bonuses is the broker uses them to block withdrawals. No member is allowed to withdraw funds unless they pay back the bonus offered. It doesn’t matter whether the account has sufficient funds. Members must deposit a new amount which is equal to the bonus offered by the platform. And these are clear harsh conditions set by the broker.
The broker is fooling investors with their live chat tab at the bottom right hand side of the website. It is a message chat where users send an email to the broker. With your email address, the broker initiates a conversation by asking for your phone number. They will keep calling members until deposits are made or user blocks the calls. The latter is best as these are scam brokers who will stop at nothing to get your funds. Stay away from the platform and resist the urge to sign up.
There are five depository channels listed at the bottom of their homepage. They include Bitcoin, MoneyGram, PayPal, Skrill, and Western Union. Apart from PayPal where users can file a chargeback, other depository channels aren’t helpful. Depositing funds is fast as the process takes less than ten minutes. Withdrawing funds with Expert Optioner is still the biggest hurdle for most.
Scam brokers will break every rule in the book. They will do or say anything to try and make their platforms appear legit. What they have done is post testimonials of what looks like satisfied clients. These testimonials are from managers of big firms such as Finance Co and Gossip. In real sense, they are using the names of well-known individuals to act as their ambassadors. Members are led to believe that these CEOs and Developers have made profit of this platform. It is all a lie.
After reviewing the numerous complaints online from members, one thing is clear. Expert Optioner is unable to safeguard funds deposited by members. Segregation of funds is not taking place which is a huge problem. Members have been depositing funds to owner’s bank account without their knowledge. These are offshore brokers who plan to shut down as soon as possible.
A profit margin that is unlikely coupled with no trading license means Expert Optioner is a scam. These are offshore brokers who are enticing newbies with a get quick rich scheme. Mark their emails as spam and don’t sign up with their affiliate programs. Warn binary options traders near you of the dangers of using this platform. With time, authorities will investigate and try and track down the broker.
Adding the platform to our scam blacklist will help protect our readers. Stay safe and get reliable experts who have what it takes to make realistic profit margins.
Kindly continue reading our reviews for more on online trading product and services.
Wishing all traders the very best.
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