MT-Option was an unlicensed binary options broker that opened in March 2016. They are operated by ABO Marketing UK Limited, located at Office 32, 19-21 Crawford Street, London, United Kingdom, W1H 1PJ. Their parent company is ABO Trading Ltd, office at Level 5, Development Bank of Samoa Building, Beach Road, Apia, Samoa.
Their phone number is +44 203 808 9948 and their email address is: support@Mt-Option.com.
For trader complaints and withdrawal problems read this.
Scam Trading Software
WARNING: If you think you are going to make money because of the video you watched, then read How the Binary Scam Works.
We found MT-Option when we signed up for the AlgoMaster System
When you look at the MT-Option trading platform, you can see that it is the popular SpotOption binary options trading software. The trading platform is the most widely used by brokers because it is very easy for new traders and investors to use. In total they have binary options on more than 180 assets. Option types include; 60 second and 5 minutes options, pairs, ladder, one touch, and long term options. CFD trading is also available on the major currency pairs.
The minimum deposit requirement for a new trading account is probably $250 like many brokers. The minimum trade size on high low options is $25.
The main thing that Scam Broker Investigator looks for when reviewing a new binary options broker to see if they are a real broker or a scam is a license. Depending on your country will determine who the broker needs to get a license from. For example, ASIC licensed brokers in Australia and CySEC licenses brokers in Europe.
We did not find a license for MT-Option.
Trading with a licensed broker is what most people do, and you can see the licensed brokers here.
There are more than 300 brokers active today. The most popular brokers are listed 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.”
Are you currently trading with the broker MT-Option?
Please share your experience with other people in the comment section below.