The brokerage project Binary Option Club invites market players of different professional level to its platform. He speaks about quality services, fast execution, fancy bonus programs. In fact, it is a trap that was created by scammers to lure away funds. Lohotron focuses on beginners, because they most often ignore security measures and do not check for licenses. In today’s article, we will tell you how dangerous the office is and why you should not cooperate with it.
Analyzing the fraudulent web portal
The official website is made to copy. The developers of Binary Option Club did not invent their own design or write original texts. They copied the whole concept from another scammer, who scams people under the pretext of market trading. The company covers itself with binary options, but it does not place trades on the interbank market. It does not provide any services and is a typical sharashka. On the pages of the broker resource there is a description of popular assets, price movements and monthly trading volumes. The company talks about providing a wide range of financial assets. A registered client can get the usual options of high-yield spread or lightning turbo. The firm talks about why it is worth registering in its system. It describes ample low-risk earning opportunities. Traders can use option contracts that work on a simplified model and are suitable for beginners. According to the brand representatives, this is a good option for quick profits. In reality, binary options are considered to be very risky instruments. They often contribute to the drain of the starting capital and are practically not used by reliable brokers.
Trading platforms for clients
Binary Option Club calls itself one of the world leaders in trading option contracts. It promises the best terminal, fast payouts and high earnings. The platform of the brokerage company is characterized by the following features:
- A clear interface that does not involve additional study.
- There is no need to download software. Web-terminal provides quick login through any browser.
- There are no requirements for previous trading experience.
- Direct and accurate regulation of all investor’s trades.
The trader can use phone or e-mail to get professional advice. The brokerage project provides its clients with first-class service. Managers answer around the clock, helping to solve any questions.
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Binary Option Club tariffs
The creators of the project copied tariff plans from a fellow fraudster. They did not think of anything better and placed the accounts on their website without checking or adjusting them. Binary Option Club accounts include:
- New – provides 24/7 support, basic training, and access to an education center. Market player can use the trading panel. Start from any amount.
- Bronze – activation from $200. Limited trading panel and signals from specialists are provided. A personal manager is connected to the account.
- Gold – a deposit of 100 dollars is provided. A trader can use the entire trading panel, receiving full-fledged signals.
- Platinum – also starts from 100 American units. The trader receives all the functions of the platform, he can receive training from a professional trader.
The above described tariff plans have no logic. They were published for the sole purpose of luring wealthy beginners into the brokerage system. The swindlers will be happy with any replenishment, but clever managers constantly promote new deposits. They invent different pretexts, claiming about splendid prospects of cooperation and additional commissions.
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How is the withdrawal of funds carried out?
The company claims that you can make a payment by bank transfer, plastic card or payment service. It guarantees fast withdrawal of funds to any wallet. At the same time, there is a huge number of negative reviews in the network. Market players point to the lack of payments, brazen machinations on the part of Binary Option Club employees. If the office is suspected of criminal actions and does not provide any legal documents, it is better to refuse to cooperate with it. Before depositing funds, you should carefully check the brokerage project.
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Comments of deceived users
Experienced traders say that the sphere of binary options is not regulated. Unscrupulous companies draw a license in Photoshop, inventing fake advantages and claiming reliability. Such scams take away the invested money and block accounts. Deceived clients have to turn to professional lawyers to get their money back. Binary Option Club is a typical SCAM. Employees do not have trader’s skills, but they know how to scam people for money. They persuade for a large deposit, after which they take away the starting capital.
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Can I make money with Binary Option Club?
There are not so many client reviews in the network, but all of them point to the deception of market players. Traders invested their money in a project that has nothing to do with global markets. They fell for the beautiful cover and loud promises, without checking the legal documents and reputation on the network. Binary Option Club is only engaged in financial fraud. After making an initial deposit, the market player can forget about his money forever. He will be able to achieve a return of funds only with the help of specialists. We recommend to bypass such projects, because they take away money and precious time of their user.
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