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/10

Option2Trade

China|Within 1 year|
Suspicious Scope of Business|High potential risk|

https://option2trade.com/

Website

Rating Index

Contact

https://option2trade.com/

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

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40G

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Broker Information

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Company Name

Option2Trade

Company Abbreviation

Option2Trade

Platform registered country and region

China

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-05-10
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

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Option2Trade · Company Summary

What is Option2Trade?

Option2Trade, probably, is an online trading platform that has been operational for less than one year. The firm has little or no reputation within the industry. Regarding its origins, the broker's precise location is difficult to define, potentially suggesting a presence in China, although it does not appear to be officially registered there.

What is Option2Trade?

Shaddy Operation without Regulation

Per WikiFX, Option2Trade has received a relatively low score of only 1.45 out of 10. This suggests that the broker lacks the necessary credentials, financial stability, and operational transparency that would be expected from a reliable and trustworthy trading platform.

Shaddy Operation without Regulation

Invalid Official Website

KNIGHT MARKET's official website at https://www.knightmarketltd.com/En/ is currently non-functional. When attempting to access this URL, the page fails to load properly, and ultimately results in a connection forbidden message.

Invalid Official Website

Conclusion

Overall, KNIGHT MARKET is an unregulated broker with a low score. Extra vigilance should be taken when dealing with this broker. To learn more about the regulatory status and operational details of more brokers, please visit the WikiFX website.

News

Review of Option2Trade: A Cautionary Tale for Traders

ExposureReview of Option2Trade: A Cautionary Tale for Traders

2024-03-19 13:56

Uncover the risks with Option2Trade: a broker's non-compliance and website issues pose potential investment hazards.

WikiFX
2024-03-19 13:56
Exposure
Review of Option2Trade: A Cautionary Tale for Traders

User Reviews

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Gaberial Loung
more than one year
On May 2nd, 2023, I opened a successful buy order on oil with 0.45 lots. Starting with a $200 deposit and their 50% bonus, I turned a tidy profit of $228.18. Excited to cash out, I went to withdraw, but Option2Trade threw a wrench in the works – they froze my account! Their excuse? Unverified profile. That's a complete lie! Everything was verified before I deposited – I have video and screenshot proof to back it up!
2024-04-18 16:26
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Elijah Beirer
more than one year
Essential technical indicators like MACD or Bollinger Bands are missing. Customization options are severely limited, forcing you to stare at basic price charts devoid of valuable insights.
2024-04-18 13:58
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