TORoption is an unlicensed binary options broker owned by Smart Choice Pro Ltd, located at Trust Company Complex, Ajeltake Road Ajeltake Island, Majuro Marshall Islands MH 96960. Their phone number is +44 203 519 2667, and their email address is [email protected].
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TORoption is offering traders the popular and easy to use SpotOption trading system for binary options. Investors can trading a variety of option types including; High Speed Trading, Pairs, One Touch, High Low and CFD’s on Forex. There are over 180 assets available, include all popular Forex pairs, commodities, metals, market indexes and stocks. They even give you the ability to trade Bitcoin against the CNY.
Depending on the option type the minimum trade size ranges from $5 to $25. The minimum deposit for new accounts at TOR is $350.
We see that they are offering new traders who deposit over $1,000 a 150% trading bonus.
If you are interested in taking advantage of the bonus, it is important for you to read and understand their terms and conditions or you will have complaints. Most brokers require traders meet certain trading volume requirements before being able to withdraw funds that are connected to a bonus.
License & Regulation
When the Scam Broker Investigator researches and compares binary options brokers to determine if they are scams or real brokers, we check for a local brokers license. Usually brokers will get their license from CySEC which is in Europe, or from ASIC in Australia. Their payment processor in England is Smart Choice Zone LP, 272 Bath Street, Glasgow G24JR United Kingdom.
When checking TORoption, we do not see a brokers license.
Compare TORoptionBinaryCM (read review) is a fast growing licensed broker using the SpotOption platform, see here. If you are looking for an auto trading robot, then use: BlackBoxRobot.com.
Have you been trading binary options at TORoption? Please share your feedback with other traders in the comment section below.