Attention!
This brokerage company is on the Blacklist. Working with companies on the Blacklist carries high risks of losing your money. We continuously monitor the Internet in order to identify new scams aimed at defrauding traders, and categorically do not recommend working with companies on the Blacklist.
We advise traders to choose reliable and trustworthy licensed companies from among top brokers of our rating:
Summary of OptionBit Trading Company
OptionBit - brand of trading options. Among its benefits - CySEC regulation, innovative system of Algobit signals, a minimum deposit is $ 200 with a minimum transaction just $ 10, as well as a wide range of options - Digital, Range, Touch, One touch, 30/45/60 seconds.
Among of trading instruments there is the possibility to find the e-book (it contains information about trading tactics and strategies) and economic calendar.
Analysts are always informed about the latest developments in the market and are ready to teach traders everything you need to know - from the most basic skills and knowledge up to advanced financial performance.
Platform Optionbit offers short expiration periods in 30/45/60 seconds, 2 minutes and 5 minutes. Traders can monitor the current volatility of the market signals with the help of Algobit signals. Also, OptionBit offers over a 100 of assets (which include markets worldwide).
An additional benefit is the ability to minimize the risks by providing the opportunity to receive a refund of up to 20% of the option if the forecast is not correct.
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Contacts
We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.
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FAQs
Why has OptionBit been placed on the Traders Union Blacklist?
If you found OptionBit on the Traders Union Blacklist, it means that the company does not fulfil its obligations to the clients or has already turned into a scam. The most popular reason is that the broker does not process withdrawals or the broker’s website is no longer operational.
I have an account with OptionBit. What should I do if it gets blacklisted by Traders Union?
Find out the reasons from TU Support Service, and then try to gradually withdraw your money.
OptionBit does not process withdrawals. What should I do?
• Get the broker to specify the reason for refusal to process withdrawals.
• File a complaint with the regulator. Submit a chargeback request, if possible.
• Contact TU’s legal service for advice. It could be possible to settle the issue.
How can I determine if OptionBit is unreliable?
Here are several options:
• Check if the brokerage company has been placed on blacklists.
• Check if the broker holds a license on the website of the regulatory authority.
• Check how promptly the Support Service responds. If the responses are also or none, or not to the point, then there is a problem.
• Deposit the minimum possible amount, execute 1-2 quick trades and try to withdraw money. If the broker is a scam, its support service will try to persuade you not to withdraw money by any means.
Traders Union Recommends: Choose the Best!
62% of retail investor accounts lose money when trading CFDs with this provider.