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Block Option

China|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|Suspicious Overrun|High potential risk|

https://blockoption.io/

Website

Rating Index

Contact

https://blockoption.io/

Licenses

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

Single Core

1G

40G

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Warning: Low score, please stay away! 3
Previous Detection : 2024-03-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The United StatesNFA regulation (license number: 0541195) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

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Block Option · Company Summary

General Information

Block Option is a newly established broker registered in the United Kingdom, with its office address, the company behind it and contact methods not disclosed to all. Since its official website cannot be opened, we can tell that this broker probably closed its business, or changed its name then running away.

Regulation

Block Option claims that it is authorized and regulated by NFA with regulatory license number 0541195. However, this NFA license is verified to be a clone one. The following detail tells us Block Option is posing as a legit broker to scam traders.

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Official Website Unavailable

Since Block Options official website cannot be accessible at this moment, we can only pick up some related information from other broker-reviewing websites to get a rough idea of this broker.

Market Instruments

Tradable financial instruments available on the Block Option platform include forex currency pairs, binary options, as well as some crypto currencies.

Minimum Deposit

In terms of minimum deposit, Block Option does not make this part clear. And we cannot find related information anywhere. In most cases, legit brokers requires traders to fund around $100 or equivalent amount to start real trading.

Trading Platform Available

What Block Option offers its traders is not the MT4 or MT5 trading platform, and Block Option does not make this part clear. We cannot find related information anywhere on the internet.

Deposit & Withdrawal

Block Option is also a missing part, and we have no idea what payment methods it supports. In most cases, most brokers allow their traders to fund their accounts through Visa, MasterCard, Wire Transfer as well as Skrill and Neteller.

Customer Support

No channels found to get in touch with this company, even basic telephone number or an email address, which is a red flag. Registered Address: 27 Old Gloucester Street

London, WC1N 3AX.

Broker Information

Company Name

Block Option

Company Abbreviation

Block Option

Regulatory Status

Suspicious Clone

Platform registered country and region

China

Company website
Phone of the company

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Twitter

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Facebook

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Instagram

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YouTube

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Company address

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Linkedin

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WhatsApp

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QQ

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WeChat

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Customer Service Email Address

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Company Summary

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