London Option Exchange is a new binary options broker that opened in 2016 owned by Trident Group LTD. Their official address is: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands, MH96960. Contact phone number in the United Kingdom is: +44(0) 203 807 4064, and the contact email address is [email protected].
London Option Exchange Review
Investors researching the London Option Exchange will see that they use the Tradologic binary options trading software. The Tradologic platform offers all major Forex pairs and minor pairs as well. It has a very large selection Commodities, along with stocks and stock market index’s. Additionally, there is binary options on Bitcoin and commodities like Coffee & Platinum.
They offer digital (high/low) binary options, and Turbo binary options. With trade turbo binary options, you have expiry times of 30 seconds, 45 seconds, 1 minute, 2 minute and 5 minute options. The minimum trade amount is $10. L.O.E.’s trading platform is only available in English. Mobile apps for Android and iOS are available in the app store.
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If you take a minute to read the terms and conditions page, you will see that they have a very liberal bonus policy.
Section 24: Once a bonus has been awarded/accredited to the user’s account, he will be subject to execute transactions in an amount of at least forty (40) times the bonus amount combined before any withdrawals of either the deposit, winnings or the bonus can be executed. Furthermore, we may, at our sole discretion, credit the user with up to one hundred percent (100%) bonus for each deposit made by the user.
Most trader complaints stem from an inability to withdraw your deposit from a broker. Usually withdrawal problems have to do with your money being locked by a bonus. Read more about complaints here.
London Option Exchange License
Scam Broker Investigator reviews binary option brokers to see if they are scams or legitimate brokers by checking the European regulator CySEC or the Australian regulator ASIC for a license.
London Option Exchange does not have a license. Clearing and billing services for London Option is handled by: Euronax LTD, 10 Bloomsbury Way, London WC1A2SD United Kingdom.
Compare London Option Exchange
There are hundreds of binary option brokers online, with more opening everyday. You can see more plenty of licensed brokers look here.
HighLow (read review) is the largest binary options broker in Australia that is licensed by ASIC. They give up to 200% returns on various options and their minimum deposit for new accounts is only $50, read more.
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