SecuredOptions Review

SecuredOptions

SecuredOptions is an unlicensed and offshore binary options broker owned by Victronix LTD. Their address is: Trust Company Complex, Ajeltake Island, Majuro, Marshall Islands MH96960.

Their phone number in the United Kingdom is: +44 203 519 8748, and Australia is: +61 28 015 6894.

Their email address is [email protected]. For typical broker complaints read this.

Trading Robot Scam

Trading Signals Scam

WARNING: The video you watched and the email you received, is really a scam.

You should read the article “How Binary Option Scams Work“.

If you want to use an automated trading system, then you should visit AutomatedBinary.com.

SecuredOptions Review

Traders of binary options will find the SecuredOptions platform very easy to use. They are using the SpotOption trading platform which is most popular with binary options brokers. There are options on over 180 assets including, Forex, Commodities, Stocks and Market Indices. They also have CFDs on currency pairs.

Option types include HighLow, Pairs, One Touch, Long Term and High Speed Trading.

The minimum deposit for new accounts is the typical $250.

Bonus: They give traders “Free Money” or “Risk Free Trades” in the form of a bonus. You must read the terms and conditions to understand the strings attached to bonus money. You cannot withdraw you money, until you trade 30 times the size of the bonus.

License & Regulation

When reviewing a binary options broker, the Scam Broker Investigator wants to know if they are a legitimate broker or a scam broker. We always check to see if the broker is licensed and regulated.

SecuredOptions.com is NOT a license broker!

You should read the reviews of all licensed brokers here.

Compare SecuredOptions

Do you have an account with Secured Options?

Please tell us which scam software told you to trade there in the comment sections below.

SecuredOptions Review

SecuredOptions

SecuredOptions is an unlicensed and offshore binary options broker owned by Victronix LTD. Their address is: Trust Company Complex, Ajeltake Island, Majuro, Marshall Islands MH96960.

Their phone number in the United Kingdom is: +44 203 519 8748, and Australia is: +61 28 015 6894.

Their email address is [email protected]. For typical broker complaints read this.

Trading Robot Scam

Trading Signals Scam

WARNING: The video you watched and the email you received, is really a scam.

You should read the article “How Binary Option Scams Work“.

If you want to use an automated trading system, then you should visit AutomatedBinary.com.

SecuredOptions Review

Traders of binary options will find the SecuredOptions platform very easy to use. They are using the SpotOption trading platform which is most popular with binary options brokers. There are options on over 180 assets including, Forex, Commodities, Stocks and Market Indices. They also have CFDs on currency pairs.

Option types include HighLow, Pairs, One Touch, Long Term and High Speed Trading.

The minimum deposit for new accounts is the typical $250.

Bonus: They give traders “Free Money” or “Risk Free Trades” in the form of a bonus. You must read the terms and conditions to understand the strings attached to bonus money. You cannot withdraw you money, until you trade 30 times the size of the bonus.

License & Regulation

When reviewing a binary options broker, the Scam Broker Investigator wants to know if they are a legitimate broker or a scam broker. We always check to see if the broker is licensed and regulated.

SecuredOptions.com is NOT a license broker!

You should read the reviews of all licensed brokers here.

Compare SecuredOptions

Do you have an account with Secured Options?

Please tell us which scam software told you to trade there in the comment sections below.

Reviewed by Scam Broker Reviews
  • Tommi

    On 8th April, I was directed to a Binary Trading entity SecuredOptions by signing up ignorantly with an automated trading software called CopyBuffet. Within minutes of opening and placing a deposit of $900 in the trading account, I received a call from a phone operator from SecuredOptions. As it was the weekend, the operator informed me that my account manager will be talking to me the following Monday. Sure enough, come Monday, a James C. Bennet who claimed to be the trader assigned to manage my account, rang me up.

    James talked, inquired and dig deeper into my financial status and convinced me to pump in another $5,000 so that he can show me his capabilities to make money. Thus, we started this so called Account Manager/Client relationship with $8,793.50 starting fund (I traded and made some profits over the weekend).

    Over the course of the next 2 weeks, James made a series of 5 trades with 100% winning streak and brought the account up to $11,358.50, bringing a handsome profit of $2,565 or 29%. At this juncture, he assisted in a $1,000 withdrawal back to my credit card which was received within 3 days, in order to prove that the withdrawal process is totally legit.

    In addition, he kept selling the idea of getting me into a VIP trading group, managed by a Ben James, which promises higher returns with lower risk. The minimal entry to this group is a $100,000 injection from my end. When he learned that this is beyond my financial status, somehow, he said that the company will make an exception for a valued client like me, and will allow entry with just a $50,000 injection. He managed to hypnotized me into injecting an additional $10,000 while we brainstormed along the way on how to come up with the rest of the money. At this point, my total “investment” stands at $15,900.

    He threw out suggestions to garner the remaining funds, such as;

    1) Borrowing money from my family members, relatives, friends or colleagues;

    2) Taking up personal loans from banks or credit companies;

    3) Transferring my ongoing investments and fixed deposit into the trading account;

    4) Mortgaging my house;

    5) Selling my car etc.

    As we are exploring the possibilities along the way, he continued to execute another big winning trade and brought the account up to a nett $23358.50 (minus away the $1,000 withdrawal). At this point, I made it very clear that with my current financial status, $15,900 is the maximum I am willing to risk for the next 6 months. In addition, I will start to make regular withdrawals from the trading account. That is when things started going downhill.

    The next trade that was placed after this conversation was $3,000 on GOLD. And it was a loss, ending his 100% winning streak for the past 6 trades. The account was down to $20,358.50.

    We had another conversation and I made it very clear to James again, that there will be no more money going into the account from my end. Then I requested for a 2nd withdrawal of $1,000 on 4th May. The withdrawal was approved, but then the money was nowhere to be seen as of 16th May. I have requested SecuredOptions to trace this missing fund, so far there is no reply on their end.

    The grand finale came on 11th May. This was after all the conversations of me not pumping any more money on my end, and the money need to starts flowing back to me. James placed a total of 4 trades at the exact same time, with 2 of them being on the same commodity. This move involved an “All-in” kind of action, total of $19,121 injection into the trade and almost emptied out the account, leaving only $237.50 balance.

    Not surprising, 3 out of the 4 trades were losses. The only winning trade, which I believed happened only by chance, kept the account alive with $7,449.50.

    The method of the last 5 trades has shown an unprofessional, fraudulent, manipulative and reckless trading behavior and attitude adopted by James C. Bennet. There is a black and white statement stating that all stagnant money in the account, not involved in any trades, is insured. My suspect is James C. Bennet, or SecuredOptions, is trying to get all money out of the account onto the trading floor, so that minimal money is being tied to this clause. And they are trying to get most, if not all, the money to end up as losses, so that no payout is necessary from SecuredOptions.

    I have dropped a black and white email to SecuredOptions so called “Compliance Dept.”, “Accounting Dept.” and James C. Bennet to stop trading on my account immediately. Right now, I am asking to close my account and asking for a refund of $7,449.50 + $1,000 (the 2nd withdrawal which is still lost in translation). Still pending reply from SecuredOptions.

    All contracts, email correspondences, deposit and withdrawal records, trading records are available for verification.

    A warning to all:

    SecuredOptions, or the so called Mr James C. Bennet, should be more accurately labelled as a scam artist rather than a trader/account manager. He/They will convince you that you have found a winning formula in making passive income. He/They will smooth talk you, connect with you, share life experiences with you to bond with you and gain your trust. He/They will give you advice on how you should take more financial risks rather than living like the rest of the world. He/They will tell you how stupid it is to keep money in the bank and earning meagre returns. He/They will gradually and gently coax you to part with whatever money you have, and even going for money that you do not have. All the while, showing that he/they is more than capable in making profits with your account.

    But the moment when he/they found out that you have been completely milked dry, things will suddenly take a turn for the worse. Any successful withdrawals (if any) that you have enjoyed so far, suddenly seemed plagued with problem and money is not getting back to you. Trades placed from this moment onward, more often than not, will result in losses. You will see your account $$$ dropping drastically.

    Right now, I am giving SecuredOptions the chance to clarify this matter and refund the $8,449.50 due to me. If nothing is moving after 1 week, I will resort to go through governmental and legal channels. Even if I failed to get me money back in the end, I will make sure SecuredOptions will be blacklisted and labelled as scam on as many forums and review websites as I could possible reach.

    On 16th May, when I was onto them and informed my account manager that I will be taking action against them, and just as I was in the midst of gathering and compiling evidences, SecuredOptions went into my account again and continued placing losing trades. Despite clear email instructions to them on 14th May that no one is to touch my account from now onwards without my permission. They cancelled my withdrawal request of $7449, again without my permission, then placed 3 trades of which 2 are losing trades, and further brought my account down from $7449.25 to $1816.17. Seemed like they are really desperate to zero out my account.

    I’m going to consolidate the namelist of the victims. I will go about formulating a simple questionnaire to derive a summary of the number of affected clients and the common problems encountered. I realised many of these scammers got away with things cos the complaints are scattered. Hence I would like to take up the task of consolidating the necessary information and submitting to whatever authorities as a petition group.

    Email me at [email protected] with the headings “SecuredOptions – Scam alert complaint”. Give me a couple of days to come up with something usable, then I will trouble anyone who bothered to email me to fill in the short questionnaire. I will probably take maybe a couple of weeks to consolidate the feedback before submitting to the authorities.

    Spread the words around to any victims you know or post on any forums you might be on.

    • Greencat

      never put that amount of in a broker. Exp those with little history

    • Anton

      Add me to your list.
      I was scammed out of almost $ 20,000 this morning with the excuse of losing it in a trade. Also after I wanted to make a withdrawal. These people need to be stopped. I logged into my account and everything was fine and less than an hour later my account was empty.

    • Ross Hill

      I joined Secured Options on 24/4/16 with the standard USD$250 join up fee. Naturally the next day I have my newly assigned Finance Manager, Frank Shuster assigned to me. He tried to coach me into putting another $1000 in the account, but I refused and then he started calling me names.. dishonorable, untrustworthy etc etc. I thought stuff this, I will just withdraw the money.. 3 times, all cancelled. Then he rang me and said the minimum withdrawal was $500. I must say I traded fairly well over the next month and edged my way up to $540 (on 25/5/16). I the placed a withdrawal for $500 and thought I would play with the other $40. I went to bed rather content that I had made a bit of money and get the hell out of Secured Options. The next night I had a look at my account and “someone” (still unknown) had placed 25 x $25 trades “on my behalf” and lost over $500, leaving $15 in my account. By the look of these trades, they were probably meant to fail (IMHO). This is where the fun begins, trying to get anyone to talk to you is impossible. I kept bombarding the helpline and the accounts department with lengthy emails about what had happened.. and I mean bombarding. Tonight they have agreed to refund my deposit (wont believe it till I see it) and then they DELETED my account.

      They appear to be a spineless pack of greedy cxxxx (I cant say that) that have shied me away from trading online forever. These people need to be stopped and you can put me on any list that will stop these morons.

    • Jackie Plant

      Hi Tommi – I agree – same sort of experience. Can you add me to the list please

  • Tommi

    I’m consolidating a namelist of all victims. I will formulate a simple questionnaire to derive a summary of the number of affected clients and the common problems encountered. Many of these scammers got away with things cos the complaints are scattered. Hence I will be consolidating the necessary information and submitting to whatever authorities as a petition group.

    Email me at [email protected] with the headings “SecuredOptions – Scam alert complaint”. Spread the words around to any victims you know or post on any forums you might be on.

    • Moegsien Ariefdien

      I just emailed you Tommi

  • Greencat

    copy and past this comment and share with other group review that what I do. Thanks for posting just been given these brokervia a good bot trader.

    • Tommi

      Thanks. Get the message out, I would like to bring SecuredOptions down as soon as possible. That’s all I can try to do. No doubt, even if I got them closed down, they will just migrate to another entirely new entity with some fancy names again, and the whole process repeats itself.

  • Karl

    I made the same mistake. Paid in $250. Tried one manual trade on my own and lost $25 – fair enough, my fault. Then another $25 trade was placed without any input form me. They tried to convince me that it was me but I was sure it wasn’t.

    I asked to withdraw my remaining $200. Then another $25 appeared this morning, which again was not placed by me. I spoke to the guy on the phone – he was put out but helpful enough. Leave that trade to complete he says and email support to close the account and get your remaining $175 back. I just got home to find yet another $25 trade placed on my behalf so now I’m down to $150. And I’ve not had the autotrader running at all.

    Even I could see these were daft trades bound to lose. How the hell did that happen? I feel really helpless and pissed off.

    I’ve sent a strong email and I could be wrong but I get the feeling they are now going to piss my $250 away $25 at a time until there is nothing left and there is nothing I can do about it.

    Hope I’m wrong but it looks like I’ve been scammed.

  • Jack

    This fucking cunts are Thieves… BEWARE OF THIS, same story for me too, Kate Miller and Jennifer Richards are the two of the gang of Crooks. I can’t believe that such a sophisticated SCAM / FRAUD / LOOT these crooks are doing. Isn’t there any way to stop these guys, no law and order for them, wow, just can’t believe it. Thank god I figured it out (though a bit late) and I am about to lose out £250 now. They don’t want to refund it. Same story, Jennifer keeps telling me contact Accounting department on email and they aren’t responding. Account had £300 plus money and someone put 30 automated transactions to bring it down to £200. Neo2 software guys are partner of the gang of crooks….. I will do what I can based on my skills, will try to make sure spreading the word all over so Other are not duped by these CROOKS……. I will make sure that this site gets maximum visibility and hence save others…

    • Waheed

      I had a look at my account and it’s all gone what do

  • Anton Le Breton

    Thanks guys, i am thankfull my credit card failed all the times i was trying to put $ into starting the account, aparently they dont use kiwibank so i’m feeling lucky. Then they kept ringing me several times, i just stopped awnswering. Very persistant people. I definetly think Crunch Tech aka Secured loans Is a scam.

  • Jamie Ciunfrini

    SCAM SCAM SCAM, don’t put your money on Secured options they are bloody thieves!!!! you will not get your money back, beware!!!!

  • dave

    Thanks for the feedback on “Secured Options” – I wont be trading with them! I signed up with Crunch-Tech and ended up on Secured Options website. Looks like Crunch -Tech is a scam also, despite a lot of review sites giving it the thumbs up!

  • Danie du Plessis

    I got Secured Options with NEO2. First of all, NEO2 is absolutely rubbish. After almost wiping out my account I traded myself and have build up a nice amount. Because I am with other very good brokers I have put in a request for a withdrawal of the full amount. They have cancelled every request. I have emailed them on numerous occasions without any reply. I have never accepted any bonuses nor have I ask for any. My account is verified but it still get cancelled. Please stay away from them, they are a scam. The fact that NEO2 associate themselves with these scams says a lot about NEO2 as well. I have Crunch Tech as well and can confirm that I class them in the same rubbish bin. Stay away and be careful.

  • kristina
  • Emma Victoria Sims

    I’m also a victim of SecuredOptions… There must be some form of legal recourse we can take to get our money back. After all, theft is theft… surely there must be a legal body that will look into this? I’ve only been waiting 2 weeks for a response – interesting that they can’t contact you enough when they want your money, but go off the radar as soon as you want it back! It’s disgraceful – and anyone working with them clearly has no conscience whatsoever.

  • Filipa

    Hi, I signed up with Binabot and ended up on Secured Options website. I’m a newbie, so before I put money on the account I decided to do some research about this broker. Glad I found your review. My account is not complete, they are calling and emailing so they can complete my registration. Does any one know how to close the account? Thank you.

  • Sandy

    Ok, I signed up with NEO2 and ended up on Secured Options website. Because I am a newbie so I use my robot to do trade. Well, my robot done well, everyday I can see my money is up. But now this the problem, my robot was blocked from the Secured Option.

    Seem my robot does not work anymore then I do my request withdrawal money after 30 days. So, my Account Manager Kate Miller emailing me say we need trade first within 10 min to do then can withdraw the money. After then she calling me and ask me click here click there and I wait after 10 min, my money all gone including my deposit too. What she email me say she will make recover plan for me.

    So, the conclusion is I trust NEO2 more than Secured Options (I don’t know others Account Manager will do the same like me ) but if you fund the deposit into the Secured Options, for sure is gone after than. Nobody can help you and nobody can answer your question if it regarding for the withdrawal money.

    So, good luck all for who are already fund deposit into the Secured Options.

  • john

    buffetsoftwere told me to use secured options, so being new to trading i went ahead, but as of yet have not been able to trade through the auto trading robot at buffet software. i have sent both buffet software and secured options emails but no answers .

  • Norah

    I opened account with SECURED OPTIONS 3 weeks ago through their company Sales management. First of all, they told me that they are using genuine Brits methods of which I do not have to trade manually. THIS IS NOT TRUE. They claimed that their system is for the people who do not know how to trade and therefore all I required is to deposit minimum of £250 of which I did deposit £300. The sales lady said, they have experienced all sort of old, young people gaining profit of £900 per week at least and withdrawal their money weekly. THIS IS NOT TRUE. I went ahead, they allocated me accounting adviser based in Cyprus. He told me that I have to trade myself, he could only send me signal when to trade. Also he said my money was too small therefore wanted me to add more fund to £20,000. I WAITED FOR 2 DAYS NO SIGNAL SENT DESPITE HIS CLAIM OF APPLE DOING WELL ( New iPhone 7). Along the line, after deposited fund, they requested many forms of IDs, Colored utility bills and bank statement, color bank card, passport and driving license for account verification. Third day after I deposited fund, I changed my mind, decided to close my account and therefore I request for refund. SECURED OPTIONS REFUSED TO REFUND MY MONEY. They claimed that the account was not fully verified therefore I could not withdrawn my fund unless I sign their Terms and conditions yet they were fully aware that I was leaving. I refused to sign their condition reminding them that I did not want to trade with them anymore. Moreover, the management insisted that I had to sign their Teams and Conditions in order to withdrawal my money (I have exchange emails as evidence). I forced to signed and my account was fully verified. Without delay, I requested for my refund of which accounting department claiming that under their terms and condition, I have to trade and stay with them for 30 days before withdrawal! I Skype accounting adviser, he said he does not have my portfolio anymore, of which was understandable… Therefore, it was clear that the Company is aware of my leaving however it choose to CHEAT CUSTOMERS! I login, the account is DISABLED YET NO REFUND. I have made several of phone calls, no one answer it. SECURED OPTIONS IS SCAM, DESERVE TO BE BLACK LISTED. APPARENTLY, I HAVE NOT RECEIVED MY MONEY BACK YET.

  • tom

    they are being checked out by british police for running a ponzi

    • Alan Kemp

      Hi Tom. Do you know if the UK police are making any progress (I’m also in the UK and have funds Secured Options are refusing to release)?

  • Adele Trad

    Hello Norah,

    I have a very similar story.I will try to solve it with them this coming week.After I deposited quite a big amount,their behavior became very suspicious,starting from denying access to my account,rejecting withdrawals Etc…..I have tried to explain on the phone and in writing that I am no longer interested to trade.I just need my money back.They suspended my account for no reason!
    I just came to read all the reviews.Yours is the most similar.

  • dbt

    Avoid like the plague unless you have an expensive frightening int’l lawyer as they say one thing and do another! I lost money with them and they said I’d won !

    They said after getting a bonus I’d have to trade for a minimum of a month when infant I’d have to have 30x the bonus I was given in volume trades another contradiction! Their administration is beyond pathetic, rarely do they answer the telephone! They have some very pushy traders with no manners, arrogant infact!

    They have 10x company logos they have no right to use at bottom of their front webpage like the ‘London Stock Exchange’ , ‘Deuch-Borse’ , ‘Nasdaq’ all to make you believe their connected and above board.. their NOT! Avoid is my advice, I’ve contacted FCA not interested as they are not with them, contacted Action Fraud they said my ‘Bonus’ was an illegal ‘Lock in’!! Lastly they said to me that my trades were covered by insurance so I couldn’t loose, Ha HA Hah !

  • Khaw Tien Hwang

    Hi Helen could you help me with my withdrawal from securedoptions?

  • Khaw Tien Hwang

    I sent an email to Helen too today and see what would i receive in the next couple of days. Will definitely update you guys here.

    • dbt

      Who is this Helen lady? does she work for the unmentionable Secured options mob and in what capacity, can you give us a clue what she is doing too get investors money returned? What is her direct contact email and tel number Please? Ta! DBT

      • Khaw Tien Hwang

        Now is the guy called Joseph Sofia manages my account. I’ve lost contact from him since last week. will update you if i get any response from them.

    • dbt

      Hi Khaw!
      Did you get a reply yet from Helen at SO?
      dbt

      • Khaw Tien Hwang

        No reply at all and the email address has became void.

  • dbt

    Hi Everybody! AVOID ‘Secured Options” at all costs as they are very very dodgy !!!!
    I reported the to the FCA who weren’t interested in investigating them, a typical Uk government run idiotic establishment with more legs up on tables then brains between the ears sort of gaff! Then i reported them to ‘Action fraud’ another government ‘couldn’t care less’ disorganisation! regarding my £3,500 investment i made over May17th to August last year, by the endow August had made up to £6,350!!!if you can believe these liars as they don’t furnish you with any real administration proof to prove that they even done a deal.
    The last investment was through Monica Taylor a CS agent there as I’d had enough of the other twerps pressurising me to invest more loot in their scam organisation! She invested £6000 in a September call or put I can’t remember which and by October of 2015 I emailed and Skype’d Monica Taylor three times; she or somebody replied three times by message service on my Secured Options page that I’d won something, no mention of amount! by now my amount was only £3,995, so I asked myself and the the Action Fraud squad idiots and the ruddy FCA twats ‘How could I have won something when infact I’d lost £2,355 ! I tried to get answers from them , their accountants and suddenly all was quiet or vague answer emminated from their bolt holes in Canada or Switzerland or the Marshall islands , who knows as all communications are done online or via Skype! Another interesting fact that came to light is over the ‘BONUS” bullshit scheme they operate namely that a guy there called Spencer an American amongst Eastern Europeans it seems gave me a bonus (a “LOCK IN” actually!! as described by two Which lawyers !) for putting in another £1000 at some early stage last year for which he gave me a so called Bonus of £500, nice.. NOT SO ! As this Bonus locked me into a rather messy greedy 30x times flow of monies need to release my monies from this trashy trickster money lying scum bags when it dawned on me that these guys were thieves in October of last year when I was supposed to have won a minus figure of £ 2,355.. Hows that for NEGATIVE Equity Winnings a la Secured Options SCUM BAGS. Take note these guys are SCUM thieves and if you like I report them to the authorities well guess what they are part of this CRAPATALIST SHIT Hole called Plannet Earth!

    • Khaw Tien Hwang

      Hi dbt. Have you request to withdraw the rest of your money instead? I’m requesting to withdraw partial of my fund but seems like no ones is going to reply me sooner or later. I’m looking for help and advice too.

  • dbt

    Thank you for that bit of INFo.. I’ll now try my bank on this score too.. I’ll keep you posted on how I do.. bye for now! dbt

  • dbt

    Hi Mere!
    Did you get a reply yet from this Helen woman at SO?
    DBT

  • dbt

    Now I’m going to try my banks first to recoup the money and the TV programers like BBC & ITV money programs & LBC Phone Ins too.. I suggest you all do the same as they may pay attention if a load of people phone in about this SO company, worth a try at least!

  • dbt

    Just remembered Monica Taylor offered to only invest my money in the Sept account investment with insurance to protect my investment, which obviously didn’t work as I lost money on that last deal , so I presume she was lying to me; has that happened to any of you fellow investors in Secured Options too?

    I have had three or four Options trading online companies like ‘Royal Options’ & most recent ‘Alpha Options’ cold call me about investing via them and in the conversations Secured options came up and they offered to recoup my money from them at a fee of 10%; or at least invest in their company and get no recoupment fee ! Has any fellow investors had this happen to them. the first cold call came a day after I had the last communications with secured options which now I think is a bit , well interesting at least, as if they were in cahoots with secured Options or tied to them in some way or other??!!

    Lastly I’m going to try the TV stations that deal in money matters at BBC & ITV, forget what they are called and LBC radio phone ins; I suggest you all do the same as there is strength in numbers and one of them might well expose Secured Options and the like to public scrutiny and embarrass the Action Fraud squid & FCA into some meaningful action ; maybe even our MPs too! Give it a try !