Janus Options was an unlicensed binary options broker owned by Kinetex Ltd. Kinetex Ltd is owned by Motion Capital Ltd, which is located in 3rd Floor C & H Towers, Corner of Great Marlborough and Great George Streets, Roseau, Dominica, 00152. The phone number is: +44 203 769 4935.
Scam Trading Systems
WARNING: You will not make money using a fake trading system. Although the video you saw promises you will earn thousands of dollars, it doesn’t work, see why.
To see what a real automated trading robot is, read this.
Janus Options does not allow you to use external trading robots
Their terms and conditions page says;
6.1. Trade Robotics or Exterior System Operations, an automatic or semi-automatic unauthorized trading method integrated by the Client on the browser or on the Client’s side, not involving human transactions, will be considered API or system abuse, resulting in cancellation or permanent account suspension.
So basically, if you were introduced to Janus Options by a trading system, the account it created for you is already against the terms and conditions.
Janus Options Review
The trading platform the Janus offers their traders in created by Hello Markets and called TradeStation. Investors can choose from 55 assets to trade binary options, on Forex, Commodities and Market Indexes and Stocks. The option expiry times are different from other binary brokers. A 15 minute option, expires at 15 minutes of the hour, and a one hour option expires on the hour. So for example, if it is 10:17 am and a trader selects the 45 min option, the option will expire at 10:45 and not at 11:02. They have minor currency crosses available, including Israel Shekel, Polish Zloty, Indian Rupee, Singapore Dollar & Mexican Peso. The return on $EUR/USD binary options is 85%, see here.
Minimum trade size is $5, and the maximum trade size is $10,000. Their trading platform is quite unique as it offers built in trading signals.
Janus Options License
The first item to check when you review a binary options broker, to determine if they are a scam broker or a legitimate broker is simple. Ask to see if the broker is licensed and regulated by CysEC in Europe, the CFTC in the United States, or ASIC in Australia.
On October 26th 2015, FINRA published an investor alert regarding offshore binary options brokers. Read the alert on FINRA’s website here.
Warning: Janus Options is not licensed or regulated by the CFTC, visit Nadex.com.
Read this to see why smart people only use licensed brokers.
Janus Options does not have a license. Using a licensed broker means that you have some recourse in the event of a problem at the brokerage firm. See the updated list of licensed brokers go here.
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