AskOption Review

AskOption Logo

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 help@askoption.com, and for broker complaints read here.

Binary Option Robots

Trading Signals Scam

Warning: With most robot trading systems you will lose all your money, read why.

The most popular automated trading robot are listed here.

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.

AskOption Binary Option Brokers
AskOption Binary Option Brokers

 

AskOption License

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.

Compare AskOption

Nadex is a CFTC regulated binary options exchange for Americans. They are owned by the IG Group which is a major European bank. You can get a demo account here.

HighLow is the largest Australia licensed binary options broker, with a $50 minimum deposit requirement, plus they give you a free demo account, see here.

If you are currently trading with AskOption, please tell other investors what you experience has been, in the comment section below.

AskOption Review

AskOption Logo

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 help@askoption.com, and for broker complaints read here.

Binary Option Robots

Trading Signals Scam

Warning: With most robot trading systems you will lose all your money, read why.

The most popular automated trading robot are listed here.

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.

AskOption Binary Option Brokers
AskOption Binary Option Brokers

 

AskOption License

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.

Compare AskOption

Nadex is a CFTC regulated binary options exchange for Americans. They are owned by the IG Group which is a major European bank. You can get a demo account here.

HighLow is the largest Australia licensed binary options broker, with a $50 minimum deposit requirement, plus they give you a free demo account, see here.

If you are currently trading with AskOption, please tell other investors what you experience has been, in the comment section below.

Reviewed by Scam Broker Reviews
  • fpc

    since january 5, 2017, i have been trying to withdraw a partial amount from my account with askoption but they have been stonewalling me. they simply are ignoring my withdrawal request. i have decided to close my account with them and i would like to know what government regulatory agency i can contact for assistance .

    • scm

      i have problems to…their model is is cancel your request unless you talk to a trader who will ask for more money, if you say no they hang up on you…i would say they are a scam. I only put minium amount and asked for withdrawal..

      ASKoption is a SCAM

    • Robert Brumley

      From what I have seen it’s better to call customer service if you can’t get results online. Also depends on how much you have in your account. If you received bonuses you have to make up to the amount they require to withdraw the bonus. If the amount you withdraw includes the bonus they will not give you the bonus money till you achieved the required amount.

  • fpc

    to robert brumley. this is an update to my pevious post two months ago. i was able to get out all of my capital but i still have usd 12,398.94 in my trading account representing trading profits which they call “bonus.” i had losing trades which resulted in reduction of my balance while profitable trades increased my account balance so they cannot call my profits as bonus. i earned it whenever i make out in my trading. i advised their customer service multiple times that i am closing my account and want my account balance sent to me but the answer i get is “she will relay my request to their headoffice and someone will contact me.” no one ever did. anyway I already filed a complaint with federal authorities. i am giving them some time before i follow up with them.

    • Robert Brumley

      Let me know how that goes for you. Right now I don’t trust them. Something is fishy with them.

  • Bino Billy Wilson

    I started an account with ASKoption with $5,000, and I grew the account and now have over $100,000, but now I want to withdraw and I have been asked to make a $15,000, deposit or $50,000, deposit, so as to link my bank account with my platform, without this, I can only take out the $5,000, which was my initial deposit. What do you think? It sounds like a scam? I need help from anyone

  • Israel Massas

    fresh and pure mega SCAM broker on the world ! STAY A WAY FROM THIS BIG SCAM !! Keep your self LIVE .

  • Jcarlo Senin

    Yes this broker is totally a scam! 100% scam! I’ve been withdrawing my money 1 month now. But an agent always telling “I will pass your request to your broker. Please expect a call”. But in the span of waiting no calls is arriving and yesterday I went to my account and then $232 dollars became $2. That’s amazing right?! This broker needs to shutdown so they will not continue to scam people.

  • Franklin Uzoukwu

    same the my 114$ just disappeared from my account and its shows someone traded for me and lost what the hell

  • Pauline Sam

    Hello Robert Brumley, my boss asked for $5,000, his capital, for over 7 weeks now and Askoption has not released the money still. I will be back after April 30, 2017 to give update

  • Ed

    Link Franklin Uzoukwu, AskOption straight up stole my money.

    I had deposited $500 USD. I managed to win enough to get the balance to $592. After that, I did not log in for over a month (was busy doing other things). When I tried to log in again, my password did not work. I wound up having to change my password just to get back in to my account.

    After getting back in, my account balance had gone from nearly $600 USD to $0.62. I checked the “closed positions” area of the web site and saw a bunch of bizarre trades that essentially bet my entire balance on every trade until it lost everything. The trades occurred on a single day within about 10 minutes.

    After much complaining, a representative told me over the phone that all of those trades were fake. They were just trying to get my attention because I had not yet signed the Declaration of Deposits. I provided all the required documentation and made multiple requests for them to restore my balance. Apparently, they are ignoring me.

    I am going to contact my bank to see if they can help. Maybe a charge back or something.

  • Pauline Sam

    Do not give your money to ASKOption. Stay away. Do not invest with AskOption. More to come in a few days

  • Keith Edwards

    I have deposited $115,000. I’m afraid it is lost. I cannot get a withdrawal from my account. It’s a scam.

    After I had established my account, it increased to over $300K but I cannot get a withdrawal. In April they ran a new scam to try to get more money. The broker, Ben Jefferson, called breathless and said they were going public and were going to give me a loan of $300K that I could pay back from my profits after they went public. On the Monday of the week they were supposed to go public, my account increased by $1,900,000! Yes, you read that right, $1.9 million. Wow, I was imagining all the ways I could help my adult kids with that money and I was picking out a new sports car (in my fantasy).

    Then the scam came. They said I needed to send more money to pay off some of the “loan” so I could get my “Black Card” from a Swiss bank and get access to some of my account, which at this moment totals $2,543,234!! Ben tried to pressure me to make a payment of $50,000. He even tried to say he couldn’t get his commission until I sent this money and began to withdraw my profits. I refused! (Realizing I had been had, I increased my Prozac meds and removed sharp objects from my medicine cabinet.) Then Victoria from finance called me and said that they had listened to the “recording” of Ben’s loan offer and said that he had “made a mistake” and they were going to take the $300K from his commissions. She then said I could get my “black card ” (and access to my $2+million) if I sent them $20K. I refused. In a subsequent call she lowered it to $10K. I refused. She called once more and left a message on my phone. That is the last time I have heard from anyone. I’ve tried to call, the line buzzes busy. I’ve left a message on the website chat with Emma and Ronald. They both say “expect a call’ but none ever comes. I’ve had e-mail contact with Ben & Veronica. After the Loan /Going public/your a millionaire scam went south, Ben’s email bounced back undeliverable – I imagine he has been sacked or just change his e-mail. Veronica’s goes through but she never responds. I finally told my wife about all of this last week (shame on me, she would not have fallen for any of this!) She couldn’t believe I would be so gullible and likened it to the e-mails from Africa saying I can get millions if I’d just send them some money.)

    We are in London on a working vacation so I have planed to go by the address that was given on a previous version of the AskOption web site for PeakMedia Group LTD, at Suite 50, 2 Old Brompton Road, London, SW7 3DQ, In a couple of days, we are taking a train to Sheffield and going to the address listed on the web page – Blades Enterprise Centre, John Street, Sheffield, South Yorkshire, S2 4SW, I have zero confidence we will be able to actually see anyone in person, but I was this close and had to do it. I’ll post after our visit to tell how it went.

    • Adelina Morgan

      Hello Keith, i also had the same problem with Askoption (ASSOPTION) and they refused to give me my withdrawal of $83k for almost a year not until i was told by a friend to contact my lawyer so i did and he started handling my case and that was when they released my funds after several email sent to them by my lawyer. I can introduce you and whoever that is interested to my lawyer if you wish but i still hope you get your withdrawal back.

      • Keith Edwards

        Adelina, This is encouraging to hear. So at least there is some entity there that was responsive to your legal intervention and able to return your money. Yes, I am definitely interested to be introduced to your lawyer and find out what I can do. my email is keithginny2@yahoo.com

      • David Thompson

        Adelina, I have the same problem that you and Keith have. They ignore my withdrawal requests . I have given them $20,000. Could you please give me some advice or your Lawyers name and contact info. Thank you. DAVID THOMPSON E-MAIL IS 2015nextstage@gmail.com

        • Keith Edwards

          David, have you had any results? I contacted the lawyer Adelina referred me to and they wanted over $$$ money up front. It is supposed to be a legit firm in China but my Google of the name says it is a scam as well. I guess we are stuck with our loses.

      • shmo123

        I would like the name of your lawyer as well. You can reach me at: easy2donow@gmail.com
        Regards
        D.

    • shmo123

      Were you able to glean any information from the addresses’ listed by AskOption? I’m very interested because I started trading with them in April, and though I’ve recovered some of my initial investment, I’m still out a good chunk and they’re not exactly bending over to pay me–it’s been 8 weeks since my withdrawal request. I’d appreciate any information you could pass on. I have relatives in London, but don’t want to ask them to check it out if I think it’s a waste of time.

      • Keith Edwards

        it would be a waste of time. Went to both Sheffield and London, small offices that provide services to other companies. Neither place had ever heard of AskOption. Wrote Adelina’s firm, they want too much money up from. Feels like a scam of a scam.

  • M F

    Joned ASKOption and did 2 Credit Card Deposits totaling $1250.00. The broker “Seems” to make good investments since my account is supposedly up to $125,000.00.

    They want me to put $10,000.00 in to be able to do wire transfers which I thought was strange since you can open accounts with wire transfers as low as $250.00. I’ve tried to get my deposit withdrawn and a refund issued back to my CC but it’s been over a month and they keep giving me the run around. Lying.. They even gave me an ARN Transaction number they wanted my CC Bank to check out.. At any rate, feeling ripped off.. My wife felt uneasy about it and I decided to check out a withdrawal first before depositing/wire transferring the $10,000.00 and I’m glad I did. Then I also found this website which confirms my suspicions.. Also located these other 2 websites…

  • Mona Oak

    Hi Keith, use my name with seven letters and yahoo ID with co dot uk and I will respond your email. Okay?

  • fern Aqueros

    askoptions is the biggest scam!!!! and there good at it how they continue to do this to Americans is beyond me you would think that they would of caught on and shut them down. my story go’s the same. a broker called himself Austin Malon, he had the best story’s and about how him and I were the same you know we come from nothing story. anyway we started with $2500 and within two months we mad $23000 even sent me an E-mail that I won in the drawl for a 2017 Mercedes AMG. all I had to do was put the 100,000 in and the car was a lock, he couldn’t belive I won. he was on me the whole time to wire transfer $100,000 he let me withdraw $500 just as he said just go spend it and have a good time with it. were gonna make pleanty more. when I said I wanted to withdrawl $10,000 so I could pay off some things and I would be out of the red and be debit free and had tons of friends going to invest too ,thank God they didn’t and I wasn’t gonna do another deposit till I get the 10g at that point STOPPED calling and stopped answering Emails. when I would call customer service they would ask my brokers name then say we’ll have him call you back this continued for 2 months I finally gave up. but I ran across this and hopfully someone reading can do a multi-billion dollar lawsuit and maybe try to get our hard earned money back and watch these guys go to jail or better pay what they owe! if anyone can help or has some suggestions i’m open. so please tell people to stay away from this scam and you do the same!

  • Paddy Rangihaeata

    I have been trading for some years now and can say I have over 1000 videos of various brokers of which I have taken now even those that say they;re regulated & I must say they are all BULL SHIT artist…even too the fact that their charts do not coincide with the signals of the MT4 May show some short term but over all check their difference in each of the time frames & you will see.