Ivory Option is an unlicensed binary options broker, owned by Arya Group LTD located in Bulgaria. Their payment processor is Arya Group LTD, 117 Tsar Simeon St., 1303 Sofia City, Bulgaria. Their phone number is; United Kingdom: +44 203 608 6720, South Africa: +27 8 7550 3796, and email address is support@IvoryOption.com.
For common complaints by traders, read this article.
Scam Trading System
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Ivory Option Review
Ivory uses the popular SpotOption trading platform like quite a few other binary option brokers, see here. Their website is only available in English. The Ivory Option trading platform offers Binary Options, Speed Trading in 30 & 60 seconds plus 3 minute and 5 minute options. Pairs Options, Long Term weekly and monthly options are also available for One Touch and Pairs binary options. Copy trading is available via the Spot Follow feature. Returns and payout vary based on the underlying asset and expiry time, in general the EURUSD options are between 70% – 81%.
Ivory Option Not Licensed
The most important thing to check for when reviewing a binary options broker is a license. It is easy to determine if the broker is a scam broker or a legitimate binary option broker if they are licensed and regulated by ASIC in Australia or CySEC in Cyprus. Any broker that is licensed by CySEC falls under the European Unions laws of MIFID.
Ivory Option is not a licensed broker, you should read the reviews of licensed brokers here.
WARNING from ASIC Australia
“ASIC urges all investors considering trading in binary options to check they are dealing with an entity that holds an Australian financial services licence.”
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