Max Options was a binary options broker based in Anguilla. Max Options opened their trading platform in September 2014. Their address in Switzerland is Baarerstrasse 75, 6300 Zug. Their phone number in Switzerland is: +41 22 501 7085. Their email address is [email protected].
This Broker is Out of Business!!! For Complaints you should read this.
Max Options Platform Review
Max Options is using the new SpotOption platform which includes Forex / CFD’s alongside binary option trading. Their website is currently only available in English, with more languages to come over the next few months. They offer traders 30, 60, 90, 180 & 300 Second Options, Bitcoin Options, and One Touch Options. For most Forex binary options, the returns are between 70% and 81%. Max Options uses the SpotOption / LiveTrader trading app for mobile and tablets. Minimum deposit for new accounts is $250.
Max Options Regulation
When reviewing a broker to determine if they are a legitimate or scam broker, we check if they hold a license from CySEC in Cyprus. We check if they are registered in a European country that follows the MIFId regulatory rules.
Max Options is not a licensed broker.
When choosing a binary option broker it is always important to check the list of regulated brokers to find a broker that is licensed by a government agency.
ASIC WARNING!
ASIC Commissioner Cathie Armour said, ‘ASIC urges all investors considering trading in binary options to check they are dealing with an entity that holds an Australian financial services licence or is authorised by an Australian financial services licensee and regulated by ASIC.
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Is Max Options a legitimate binary option broker and not a scam broker? Please share your experience with Max Options in the comment section below.