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Redwood Options Review

redwood options review

Redwood Options was an unlicensed binary options broker owned by Hampshire Capital Ventures Ltd., located at Cavell House Stannard Place, Crispons Rd, Norwich, NR3 1YE United Kingdom. Their United Kingdom toll free number is (800) 520-0936.

Their email is [email protected].

Redwood Platform Review

The minimum deposit at Redwood is $250, maximum returns are 81% and the minimum trade size is $10. Redwood uses the latest SpotOption platform which offers traders over 180 assets to trade. They now offer the iFollow social trading feature, where traders can choose to follow and auto trade other investors trades. Redwood prides themselves on their trader education department. They have live webinars, one on one training for traders, and a library of trading videos and eBooks.

When the scam broker investigator looks at a binary options broker to determine if it is a scam or a legit binary options broker, we want to know if a regulator like the CySEC in Cyprus gave them a license and if they fall under the MIFId rules in Europe?

Redwood Options is not yet licensed by CySEC. Traders looking for a licensed broker should read about the top rated brokers, see here.

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What do you think about Redwood Options? Are they a scam broker? Are they a legitimate broker? Did you have any problems withdrawing your profits from Redwood Options?

Please share your review about Redwood in the comment section below.