Fortrade Broker

500Option Review

500Option is Out of Business

Choose a Licensed Binary Options Broker, see here.

500Option Review

500Option was a binary options broker that opened at the end of 2014. 500option is owned by Donald Services Ltd and located at 12 Bratya Miladinovi Str., Fl. 1, Municipality Sofia, area Vazrazhdane, Sofia 1000 Bulgaria. Their phone number is: +44 203 769 7245.

Their email address is [email protected], and for broker complaints read this.

Automated Trading Systems

There are many system sold online for automated trading of binary options.

Trading Signals Scam

WARNING: Most trading signal software doesn’t work, and many traders lose money with them, read more about Choosing a Binary Option Robot.

The only software that is currently recommended is the Binary Option Robot, see here.

500Option Review

The binary options trading platform that 500option is running on is called SpotOption. It is the most widely used system for binary options brokers. There are 6 types of binary options available: Binary (High Low), Pairs, Long Term, Sixty Second, One Touch, and Ladder Options. Total assets available for trading is almost 200, which includes Stocks, Market Indexes, Commodities, Forex, and Metals. Traders can also trade CFD’s on Forex pairs within the same brokers platform. 500option is available in English and Arabic. The Android and iOS apps are not yet available, but we hope to see them soon. New accounts have a minimum deposit requirement of $250.

500Option Regulation

The Scam Broker Investigator reviews many binary option brokers, checking to see if they are a real broker or a scam broker. One method for researching a broker is to check CySEC in Cyprus for their license, or one of the other regulators of binary options.

When checking 500option we see that they do not have a license. For a list of all licensed binary option brokers, look here.

What was your experience like trading with 500 Option? Please share your review in the comments below.