72Option is an unlicensed binary options broker that is owned and operated by Epic Ventures LTD. They are located at: Landmark Building, 14 Tsar Osvoboditel Blvd., 5th Floor, 1000 Sofia Bulgaria. Their contact phone number in South Africa is: +27 105 940 099.
Email address is firstname.lastname@example.org, and to see typical complaints about brokers, read this.
Scam Trading Robots
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72Option is giving their clients the popular SpotOption trading platform for binary options, and it also has CFD & Forex trading available. Types of binary options available for trading are High/Low, Pairs, Long Term, 60 Second, 5 Minutes Options ,One Touch, Ladder and Limits.
The smallest trade size for a 60 second option is $5, but for a long term option the minimum is $25. A new account will require a minimum deposit of $250. Many traders get excited about their a 100% bonus, but you should read their terms and conditions page first before accepting a bonus that comes with a 25 times trading requirement. Many people end up having problems withdrawing their money once a bonus is awarded to their account, read more.
72Option License & Regulation
When the Scam Broker Investigator reviews a binary options broker to determine if they are a legitimate broker or a scam broker, we check to see if the broker has a license. The license should come from your local regulators like the FCA in United Kingdom or the FSB in South Africa.
72Option is not a licensed broker.
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