AskOption is an unlicensed binary options broker that is owned by the PeakMedia Group. They are located at Blades Enterprise Centre, John Street, Sheffield, South Yorkshire, S2 4SW, United Kingdom. Their phone number is +44 203 519 8515, and email address is [email protected], and for broker complaints read here.
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Trading Platform Review
AskOption is a broker using the 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.
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.
The best way to choose a binary options broker is by checking the list of licensed brokers. FINRA published an investor alert regarding offshore binary options brokers. Read the alert on FINRA’s website here.
If you are currently trading with AskOption, please tell other investors what you experience has been, in the comment section below.