AskOption is an unlicensed binary options broker that is owned by the PeakMedia Group. They are located at 2 Old Brompton Road, Suite 50, London, SW7 3DQ, United Kingdom. Their phone number in the United States is (646) 757-1536.
Robots & Trading Systems
Warning: There are many bad trading robots where you will lose money. Read about popular trading signals here.
The most popular automated trading is at: OptionRobot.com.
Trading Platform Review
AskOption is a broker running the increasingly popular Panda Trading System, which is the provider of the binary options trading platform. Investors using this software have a wide variety of assets available to trade on including; Forex Pairs, Commodities, Stocks / Shares and Global Stock Market Indexes.
Their selection of option types include: Speed Trading (Hyper) at 30 / 60 second increments plus 2 min, 5 min, and 10 minute options), High / Low, One Touch and Range Options. Returns on high low options are as high as 85%. The Panda trading software offers copy / follow trading also. Starter accounts require a $250 initial deposit, see account types here.
When the Scam Broker Investigator reviews a broker to see if they are a scam or real broker, we check for a variety of items. The first item we look for is to know if they are licensed and regulated by CySEC in Cyprus, or the CFTC in the United States.
AskOption is not a licensed broker.
When you choose a binary options broker, checking the list of licensed brokers is always important. On October 26th 2015, FINRA published an investor alert regarding offshore binary options brokers. Read the alert on FINRA’s website here.
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