VisTradingOption Review: Scam

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VisTradingOption Review: Scam

VisTradingOption ( is another Crypto trading scam platform promising to help investors grow their business. Vis Trading Option is professing to be a UK based Cryptocurrency trading platform. The UK Crypto register has no platform licensed or registered under this name. Vis TradingOption is another scam broker looking to score by taking advantage of unsuspecting investors. Expose them we must. Read this genuine and transparent VISTRADINGOPTION Review for more details.

VisTradingOption Review

About VisTradingOption

They claim to be a fairly visible player in the modern market of Cryptocurrency investment. VisTradingOption claims to attract investors thanks to the well-coordinated work within the company. They claim the team is able to produce high quality services which help reduce risks. According to the details on their about us page, the company developed an international investment platform in 2014. These are false claims as this review will clearly point out. To stay safe in the online trading world, it is best to use commendable and dependable brokers at all times.

The platform promises an average of 35 percent profit increase for all clients. Any platform that guarantees a profit margin is a scam. Scam brokers will promise a hefty ROI to entice newbies to sign up. The reason why a profit guarantee is next to impossible is due to the market being volatile. Price changes constantly and without warning due to unforeseen circumstances such as boardroom wars. These scam brokers will do or say anything to make you sign up with their illicit platform.

Assets Offered by VisTradingOption

VisTradingOption offers CFDs and Cryptocurrency as their trading assets. When it comes to information regarding CFDs, not much is given. A closer look at their CFDs page does not reveal much on the types of assets available. The platform also claims to offer capital markets services to investors. They include transforming front, middle, and back-office trading operations. Vis Trading Options also claims to offer Cryptocurrency trading options. What we learned is that they use the same information on their capital markets, financial, and blockchain pages. Even the wording is the same.

Business Owner

Scam brokers will post stock images of unknown persons and insert names. And this is what VisTradingOption is doing with their website. They have posted the image of a person called Rhodes Patterson. The details claim this is their CEO but clearly, it is a stock photo. Scam brokers will do anything to hide their actual details. The entire website has no other information regarding founders or staff members. And these are some of the reasons why we flag the platform as a scam.

Domain Details

According to the trusted domain register, the website was created on 30th August 2019. Claims of coming together in 2014 and creating this brand have been squashed. These scam brokers have been in the industry for less than a year. What they intend to do with their 2014 claim is to buy online reputation. Thanks to the domain register, we now know these are newbie brokers. Information also leads us to believe we are dealing with offshore brokers.

License and Registration of VisTradingOption

VisTradingOption False FCA License

The platform claims to be located in UK, specifically Bell Yard, London. Thanks to our keen eye, we noticed that these brokers are using a non-existent address. In regards to their trading license, we reached out to the regulator in UK for confirmation. The Financial Conduct Authority no broker licensed or registered under this name. And this is concrete proof VisTradingOption IS NOT LICESNED OR REGULATED to offer any trading services.

We had to check with other regulators in the region just to confirm what we already feared. Other regulators including BaFIN, CNMV, CONSOB, CySEC, and FINMA have not licensed such a broker. And this puts to bed any claims that they have been licensed. Vis Trading Option is operating without a license putting investors at risk. These SCAM brokers want to use UK address to try and entice European investors. Beware of such brokers who falsify information just to get traders to sign up.

Restrictions of VisTradingOption

Account Details

Vis Trading Option is missing account or investment plans on their website. The entire website has no information showing whether they offer a single account. Missing information which is vital is the minimum acceptable deposit. Does the platform have any information regarding minimum acceptable deposit? They fail to mention it as a means of extorting investors who sign up. Different members will be asked for different minimum deposit which is against trading regulations. The set minimum deposit has been set at $250.

Contact and Customer Support

The platform has opened a chat box at the bottom right hand side of the website. What we noticed odd with the chat service is this is a bot chat. The problem with bots is they only answer programmed questions. A real trading website will have live chat support to help with human to human interaction. When we asked about account types, the bot claimed they do. Visitors have to sign up first to get the account types. And this is another trap set by these rogue offshore brokers.

Deposit and Withdrawal channels

We had to ask the bot about the depository channels available within the platform. VisTradingOption is using Bank transfer, Bitcoin, and Western Union to accept deposits. The entire website has no information regarding the deposit and withdrawal option. And these are tell-signs we are dealing with offshore brokers. Stay away from the platform as it is filled with dishonesty. There is no member who has come out with proof of ever withdrawing funds with the platform.

False Client Testimony

VisTradingOption FCA License and Registration Results

Apart from using a stock image as their CEO, the platform also uses false testimony. Once you scroll down their website, you will see false testimony from John, Louis, and Lisa. These are stock images which have been used to fool unsuspecting investors. They post touching comments to act as real clients. No one has been able to verify the social media profiles of the three clients. It is weird that none of them is on any social media which makes them made-up client profiles.

Trading Platform

VisTradingOption is also failing to list their trading platform on their website. A screenshot from one member shows the platform is using a custom-made trading platform. The platform is using a made up platform which spells doom for users. Custom made platforms rarely pass the required tests. And this is evident of the fact that the platform has no security software. Third parties such as hackers will easily take over the platform. Credit card information is at risk with this platform.

Safety of funds with VisTradingOption

The security of funds is not guaranteed by a platform that does not have a proper trading license. VisTradingOption is far from safeguarding deposits made by investors. The platform has also used a false license document on their website. They have re-edited a trading license from FCA which makes them a fraud. With no account types, segregation of accounts is not taking place. Members of the platform are depositing funds straight to owner’s bank account. And this is another reason you should stay away.

Scam or legit VisTradingOption

VisTradingOption False Founding Member

After checking all the evidence, we have concrete proof VisTradingOption is a scam. Stay away from this platform and don’t engage with their call agents. These are scam artists who will stop at nothing to get your deposit. Warn your family and friends from joining any of their affiliate programs. Mark their emails as spam and never click on any of the links sent.

Final Thought

We have to add this broker to our scam blacklist and ensure our readers don’t fall victim. Stay safe when trading digital currency by using appropriate tools. Sign up with credible and dependable Cryptocurrency trading robots today.

Continue reading our detailed reviews for information regarding online trading products and services.


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