WeOption is Out of Business. Just Another Scam Broker!
WeOption was a scam binary options broker that opened in 2014. WeOption is owned by World Trading House Ltd, located at 215 Regent St. Ground Floor, London, England W1E3BH. They can be reached at: +44 203 514 6013. Their email address is [email protected].
The minimum deposit for new accounts is $350. WeOption accepts traders from all countries.
WeOption uses the TradeSmarter Binary Option trading platform. This platform offers high low options is time frames of 60 seconds and 15 minutes. Additionally they offer Barrier Options, Range Options, Touch Options, No Touch Options and Ladder Options. WeOption says they have an auto withdrawal feature, but we have not actually tried it. As with other brokers using the Trade Smarter platform, Facebook users can sign up for a binary options trading account with one click!
WeOption has a mobile optimized website so that traders do not need to download an app, they can trade directly on the website. Their trading platform is available in the following languages: English, Deutsch, Español, Français, 日本語, 한국어, Português, Русский, 简体中文, العربية, Svenska, Magyar.
When the Scam Broker Investigator reviews binary option brokers to determine if they are a legit 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).
WeOption is a company based in Cyprus and they have applied for a license from the FCA in England, and for a license from CySEC in Cyprus. As soon as they receive their licenses we will update this review.
Traders looking for a licensed broker can choose one of the regulated brokers or see who the most popular brokers are.
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