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HiroseOption Review: Hiroseoption.com Askew Forex Scam

HiroseOption Review: Hiroseoption.com Askew Forex Scam

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HiroseOption (Hiroseoption.com) is a CFDs and Cryptocurrency scam rip off platform. Hirose Option is claiming to offer financial freedom and an express to digital currency assets. Some of the claims we saw include helping investors make huge profits. By making your money work for you, this platform is promising heaven to traders. Before you think of signing up, know a few things first. Read this genuine HIROSEOPTION Review for more.

HiroseOption Review

HiroseOption Full Review

The website has been well-designed and it’s no wonder newbie investors are falling for it. Upon landing on their homepage, we noticed that the website is a clone. Yes, these scam artists have cloned a real trading website and copied information. Some of the images can be seen to match other recognized platforms especially the support image. Claims that this platform gives users access to the financial markets in one place are false. Scam artists will do or say anything to try and sell their merchandise.

The internet is abuzz with online scams which tarnish the good online trading name. Investors who know their trade use authentic and credible brokers when trading. You too can become successful investors by signing up with genuine and transparent brokers. To stay ahead of the pack, you need to research on some of the platforms before signing up. An excellent way of staying safe is reading reviews from trusted online trading experts. With proven authenticity, reviews help users get a feel of what to expect with online trading platforms.

About HiroseOption

When it comes to the platform’s history and ownership details, a lot leaves to be desired. The disclaimer at the footer of their homepage states Financial UK Ltd is the owner. A closer look at the register of business and companies reveals no such entity exists. The platform is full of anonymity which makes trusting it a whole lot harder. A legit platform will share social media handles of staff members. By having their social media profiles, it would be easy to believe the platform.

A look at the trusted domain register whois.net also reveals another shocking detail with Hirose Option. The website was created on 20th September 2019 and updated on 6th March 2020. What this means is that the platform is not even six months old. These new platforms tend to leave vital details and have no expertise. Other problems we noticed will be shared in the review as HiroseOption is no trading website. From the look of things, members of this platform are in for a rude surprise.

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Is HiroseOption licensed or registered?

HiroseOption License Status and Regulator Warning

With the platform claiming residence in the UK, we had to reach out to the regulator in this region. The Financial Conduct Authority GIVES A WARNING regarding this platform. When a regulator issues a warning, it means the platform should not be trusted. The warning states that the platform is trying to convince investors that they are registered. This is far from the truth as more and more victims are coming out with withdrawal issues. The clone website has started to shut down existing accounts which is a huge problem.

Another disturbing issue we found with HiroseOption is lack of proper license details. The entire platform has no vital information regarding their license and registration number. You would expect them to post their credentials for all to see. Since the platform is not regulated, any document they produce is false. Ensure you don’t get fooled by these scam artists as they sometimes use details of registered entities. HiroseOption is NOT LICENSED and will never safeguard your funds as mandated by trading laws.

Features of HiroseOption

Account details

HiroseOption is furnishing users with four account types to choose from. The accounts listed include Basic, Silver, Gold, and Platinum. No commission is offered on any of the accounts and the come with a profit limit. What kind of a trader gives users a profit limit? This is one of the tell-signs we are dealing with a quack. According to details posted, users get a certain percentage of every trade made. Now this is a clear plot to entice users to deposit more with the accounts listed.

HiroseOption Account Types

Customer Support

The platform offers live chat support, but it takes long to get a full response. Another communication channel listed is Whatsapp which is a huge problem. Scam artists will get your number and never send chat messages. Instead, they bombard you with phone calls urging you to deposit funds. In most cases, HiroseOption is going to claim that the more you deposit, the higher your chances of winning. These are some of their known tactics to fool investors into signing up with their bogus platform.

Trading Platform

According to details posted on the website, HiroseOption is claiming to be using MT4 trading platform. We checked out their platform and it seems they are using a web based platform. Platforms which use MT4 are well known and offer the safest trading sessions. You should try out with some of the leading Forex platforms. Try out authentic and tested Forex trading robots which offer automated trading. You can also choose to use these robots to give you a clearer signal for trading.

Disadvantages of HiroseOption

False Testimony

When you scroll down their homepage, you will get to see testimony of what looks like members of the platform. Since HiroseOption is a cloned website, these are mere stock images used to entice members. The platform also tries to use a public figure to try and sell their platform. Hirose Option is claiming to have George Mark, founder of News Weekly as their member. It is all a show to fool investors.

High minimum deposit

When you look at the acceptable minimum requires to trade, this is where the platform goes haywire. The minimum required deposit to start trading with the basic account is $1,000. What investors don’t seem to know is that the industry laws states $250 as the acceptable minimum deposit. Even with such a high depository requirement, the platform puts a cap on profit. You can never fully gain profit as much as you want with this platform. We don’t know what happens with the excess profit when traders make, if ever they do.

Withdrawal policy

When it comes to funding these accounts, a lot of information is missing. Most of the members claim to have been issued with a bank account when funding the accounts. You expect a platform to inform users on how and when to make withdrawals. Lack of this vital information allows the website to block withdrawal requests.

Safety of funds with HiroseOption

HiroseOption Trading Platform

With most members coming out with withdrawal issues, safety of funds is not a guarantee. The platform does not segregate accounts which is huge problem. This means HiroseOption is pooling funds in one account. Members and investors have been depositing funds most likely to the scammer’s bank account. The only way to block the process is by charging a file back with your bank.

Scam or legit

Evidence is clearly showing HiroseOption is a scam. With the official regulator in the UK issuing a warning, investors should completely stay away.

Bottom Line

We will be adding this platform to our scam blacklist and hope no one else falls for their dubious platform. Continue reading our reviews as we thrive to ensure online trading products and traders are safe.

Wishing all investors a happy and safe trading experience.

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