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Option500 Review

Option500 New Logo

Option500 is an unlicensed Forex & Crypto CFD broker, now owned by DLA Tech LTD. They list an address of: Sokolovská, Prague 8 Karlín, Czechia, and a phone number of +35924374423. Customer support email address is [email protected]., and the official website is https://option500.com/.

For complaints and broker withdrawal problems, read this.

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Option500 Review

Option500 recently switch to the TraderSoft trading platform for Crypto, Forex and CFD’s. This trading platform offers a wide range of underlying assets in currencies, stocks, commodities and indices. They basically have high/low options, pairs, limits, builder, ladder options and speed trading with 60 second and 5 minutes options. The broker is available in English, Spanish and Arabic, and they have mobile apps for both Android and iOS.

They give new traders bonus money of 50% or risk free trades. It is important to understand the terms and conditions of receiving a bonus. You will be required to trade 30 times the bonus amount before you can withdraw your deposit. The minimum deposit for a new trading account is $500.

Option500 Forex Trading Platform
Option500 Forex Trading Platform

Option500 License

The Scam Broker Investigator has reviewed hundreds of online brokers, to determine which ones are legitimate, and which ones are a scam. The main criteria to determine a broker legitimate is to see if they have a license from CySEC or the FCA.

Option500 is not a licensed broker. This broker was formerly owned by: Option Solution Group Ltd, Corner of Great Marlborough And Great George Street, C&H Tower, 3rd Floor, PO Box 2320, Roseau 00152 Commonwealth Of Dominica.

You can see a complete list of licensed and regulated brokers here.

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