GTOptions Scam Investigation
GTOptions, a broker in binary options trading established in 2011 is under suspicions for being scam. This rumor has been spreading quickly, which will greatly decrease the trust that traders have put on GTOptions as well as other binary options brokers unless revelation.
It’s considered that for the purpose of taking down competitor, some bad brokers had made up this story. These are some clues that help GTOption reveal the truth and keep on being supported by financial market innovators and experts
GTOptions Scam Rumor
There are many reasons of these common misconceptions. Some of them are:
- High profits Promises: Generally, GTOption’s the higher rate of interest compares to other brokers is unbelievable for numerous people.
- What will they earn: many people wonder that if such a high return and facilities for such low rates are offered, then how much will the broker earn. This is why there must be some kind of miscommunication.
- Withdrawal problems: sometimes certain people have trouble while withdrawing money because they don’t read the policies carefully. They blame this on brokers for fooling them, while these certain identification rules are set up to protect their own benefits.
- Loss suffered: The real fact that most of traders don’t use demo account to learn about the platform properly as well as to improve their trading skill leads to many harmful results. Because of the lack of the experiences, many traders lost too many time that they became doubtful about this types of trading.
Due to these reasons, many people believed in GTOptions scam without any investigations. If proper evaluation is made, you would deduce easily that the problem is the fault of the user. That’s why we always advice that you should be extra careful and should know the platform inside and out, before trading.
GTOption Binary Options Trading
- Multiple options: GTOptions provide three types of platforms for both beginner and experienced customers. You can choose from binary option, one touch, 60 seconds and other option. Your success depends a lot on your chosen platform so you have to choose the one that most suitable for you. Some platforms are only for experts so you might risk all of your money unless you learn it carefully.
- Educational options: the ebooks and training sessions help you to be more knowledgeable and to expand your probability of winning.
- Daily market condition: this feature provides market’s movements completely for quickly analysis, which helps traders make sensible decisions. These are legitimate reviews from independent sources.
- Economic calendar: this tool helps you to memorize and record all the important economic changes like data release, charts as well as the option of changeable time zones. It’s a helpful storage which can give you alerts whatever happened.
- Fibonacci calculator: this allows you to calculate the probability of future price and asset movements in the market.
So, if you use all the above mentioned options and tools effectively, you would be clear that GTOptions scam is just a mere hoax, nothing more.
These Points are granted to GTOptions Broker using our binary options rating criteria.
- Friendly Platform : Our Team Rate as GTOptions platform as very good which give GTOptions 10 Points
- Underlying Assets Availability :GTOptions GTOptions has 30 Pairs available to trade which equal to 10 Points
- First Time Deposit : GTOptions First Time Deposit Bonus is up to 1000% which will give GTOptions 10 Points
- Deposit And Withdrawal Options : More than 5 Different Deposit/ Withdrawal Methods available ( Wire Transfer, Credit Cards, Moneybooker, Moneygram, Liberty reserve , Cash-U and more). Therefore, it gives GTOptions 10 Points
- Customer Support Availability
- Customer Support : +5 Points
- Live Chat : +5 Points
- Telephone Number Availability : +5 Points
- Regulated Broker ? No which will give GTOptions 0 Points
- Demo Account ? Yes (On Request) which will give GTOptions 10 Points
- Our Rating : Our Trader’s Team Rate GTOptions with 20 Points
GTOptions Overall rating is 86 / 100
GTOptions General Information
A Cyprus-based binary options broker GTOptions is quite new to traders since they started in 2011. They offer chance to participate in this segment to every traders around the world. They might be young and less experience than other old ones, but it doesn’t mean that they are untrustworthy.
Generally, GTOptions has the same basics as most other brokers. They use a web-based platform, which allows traders to trade from anywhere as long as they have access to Internet without requirement to download anything. GTOptions offer high profit for traditional options that can be up to 90%. Another special plus our rating team give to GTOptions is their special 500% payout for a touch options trade once it’s in the money.
The customer supporting service of GTOptions is quite miserable. Live chat, the most effective method is not available. To me, even though both email and phone could be used to asked for help, but it’s always more time-consuming than live chat. For new clients, who visit website for the first time, a video tour will b performed to introduce how to work with GTOptions in binary option trading. More information, read GTOptions review.