OptionsXO was a binary options broker owned by Omni Capital Ltd. They are located at Ajeltake Road, Ajeltake Island, Majuro MH96960 Marshall Islands. Their phone number in the United Kingdom is: +44 203 404 5709 and in Australia: +61 28 073 0583. Their email address is firstname.lastname@example.org.
For trader complaints see here.
Signals Software Scam
Warning: Most trading robots that emailed you are worthless. You can read how the scam works, go here.
To find a trading robot that works with a licensed broker, look here.
OptionsXO Platform Review
OptionsXO uses the powerful Tech Financials trading platform. They have many Forex options available in addition to the popular stocks and indexes available for trading.
They offer boundary options, along with short term options in time frames of 30 second, 60 seconds, two minute and five minute options. Also available for trading are the No Touch and One Touch binary options. You also have the ability to trade Forex CFD’s on the same trading platform. Trading Signals – OptionsXO sends their traders signals via email. Traders have many options for trading signals and automated trading software, read more.
When we review binary option brokers to determine if they are a legitimate broker or a scam broker, we use a simple test. Does the broker hold a license from CySEC and are they regulated by CySEC in Cyprus? Do they fall under the MIFId regulatory rules in the European Union (EU)? Are they registered with the FCA in the United Kingdom or at the Banque de France (BDF).
OptionXO is not a licensed broker.
When choosing a binary option broker it is important to check the list of regulated brokers to see if the broker you would like to open an account with, is licensed & regulated.
Canada Securities Commission Warning!
“OptionsXO is not registered in Canada to engage in the business of trading in securities or advising anyone with respect to investing in, buying or selling securities”
You can find a legitimate licensed broker on the best brokers page.