Netexoption.com Review: Is Netexoption Scam or Safe?

Netexoption is a notorious pyramid scheme that you should avoid and not trade with them. According to their website, they are offering a trading opportunity to investors around the world. They urge all investors to venture with them to receive huge rewards in return.

You can trade from Sunday to Friday at your timing 23 hours a day. The Ponzi scheme assures traders they will be aware of the maximum return and the losses upfront without exposing them to risks.

No evidence proves Netexoption is indeed a binary option investment company. They give traders the Liberty to apply any strategy with limited orders for them to earn returns. Additionally, you can choose to use their market order which they claim can protect on the slippage that you might encounter with stop loss.

To know the volume, you will have to ask the company on the prices or bid that you can place an order. The platform is not transparent since this information should be readily available on their website.

The company can exploit traders by giving different figures. The criteria that they use should be available to create trust and to know if they are the best option in the market. Instead of losing your money in this Ponzi scheme, it would be best if you invest with a legit binary options platform that has a trading history and can prove they are indeed the best in the industry.

Netexoption Review

The investment entity brags of utilizing technical and Robust charting analysis in the market. The company allegedly uses various technical indicators and charting tools that can monitor the market and analyse the new trends. Hence, they keep their traders informed.

The Ponzi scheme additionally planes that their customers can modify and place their orders directly from the chart. Unfortunately, everything they claim is only meant to entice you since they have no intention of helping you out in your financial goals.

The company does not feature any financial report since the time it has been in the market. Their mode of operation is worrisome and without having any visible proof, we cannot endorse these fraudulent activities.

You can trade using a mobile or desktop platform anywhere and whenever you want. If you are an eager investor, you will notice that their website is poorly rebuilt and does not seem professional.

The Ponzi scheme allegedly does not involve themselves with any brokers and doesn’t charge any commission to their investors. The company uses a web-based interface; hence uses are not subjected to downloading any tools or software.

They openly state that one does not require to have any prior knowledge for them to enjoy their services. The Ponzi scheme does not mention how they manage risk considering that binary option has been banned in various countries due to the risk that they associate.

Withdrawal and Deposits

Netexoption assures all their investors that they will get their earnings on hourly basis. At the end of the 24 hours they automatically add the profit to your account. The company additionally states that you can withdraw the income at any time. If you read through, you will realize what this company is offering everyone is a dream come true.

To open an account, you will require $250 as a down payment. The platform also asks for $1 per contract site. We do not know what this means. All we know is the platform is not transparent when it comes to the figures and the money they use in trading.

They promise traders 81% return, and they claim that they are the only firm that has generous returns in the market.

Unfortunately, what they are offering is just a fantasy, and their enticing stories are only meant to steal your money in broad daylight. Despite their claims that they are a secure website, the only thing that you will get from them is numerous losses.

The way the firm arrange their content also shows they do not know what they are doing. At the bottom of the web page, they outline some of their benefits. The company is bragging of trading thousand of contracts from Sunday to Friday. It would be best if they show us tangible evidence instead than giving us null promises

The Ponzi scheme additionally proclaims that they do not charge any additional fees upon withdrawal requests. Moreover you can cash out more than once. They also declare that their website is easy to navigate, and both novice and expert traders can easily use the site.

It is important to note that the company does not avail proof of payment to the public. Without evidence, all the allegation can be termed as false.

Customer Support and Licensing

Netexoption is offering 24/7 customer support. They boast of having the best excellent support in the market. The only method that you can use is leaving them an email or through a ticket system to enquire about their services or put across the issue you are experiencing.

The email method is not convenient, especially when you want instant response. The company should have a telephone number which is one of the modest ways that eases communication. It is a Ponzi scheme; they are cautious not to leave any Leads that might help in tracing them.

The company does not disclose where they are located. Having no physical address raises suspicion. The company is operating in a shady manner, and you should not take this lightly. Any trader has not endorsed Their allegation of having professional efficient and fast customer support services.

The company claims that they are regulated, yet they do not display their licensing document for everyone to view. They are only bluffing that CFTC permits them to carry out their services. The company is operating illegally, and there is no financial regulatory body that has allowed them to carry out their investment services.

We suspect that this is an offshore platform that is only after your money. There is a considerable danger that comes along venturing with unregulated entities like Netexoption.

It is ridiculous that they are talking about the website design, functionality, trading platform in their regulation section.

Fake Testimonials

The company has a testimonial section that does not have much to say regarding the experience of their client. There is only one available review.

The testimony is vague since the only thing we can see is someone claiming that they got paid yesterday. There is no date, social media profile, or any proof of payment that can indicate the investment company is indeed paying.

There is a high possibility that this Ponzi scheme has left the review themselves. It would be best to be cautious and avoid dealing. It has become the norm of pyramid scheme to scam innocent investors using false allegations. The best thing you can do to protect yourself is to do thorough research before trusting any company.

Final Verdict

Netexoption is a Ponzi scheme that does not perform any binary options trading activity. You should watch out since they do not have a lot of traffic coming into their system. According to Alexis, they have around 1.6 million traffic. Considering it has been two years since their launch you should not trade with them.

Invest with trustworthy binary option companies that have no intention of scamming you. Such company will provide its trading history and its founders’ information to gain your trust.