Is 72option Scam or Legit Broker?

It is not safe to trade with 72option. It is a 100% fraud company and cannot be trusted. It is owned and operated by Epic Ventures LTD, and claims to be located in Sofia, Bulgaria without being authorized to provide financial services. 

 

About 72option
🗺️ Registered inBulgaria
🗺️ Type of LicenseNo License
🛡️ Is 72option safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerFP Markets - licensed by ASIC in Australia

What is 72 Option™?

72 Option™ is a Binary Options Trading Broker a brand name of the incorporated Epic Ventures LTD, the company which provides investors with access to trade underlying assets on a Binary Options Trading Platform. The company claims to be located and share an office in Sofia, Bulgaria, however, is not authorized by the local Bulgarian Financial Commission or by any other authority.

 

  • Since the company does not hold any regulatory licenses, the world’s leading authorities have issued warnings against unregulated financial services provider 72option to protect clients’ investments, as the broker is targeting consumers in the UK, Australia, New Zealand, and other jurisdictions.

 

72 Option™ Review Conclusion

 

Based on our research and finds, we advise all investors and traders to avoid 72option and other unregulated brokers. The lack of information about the broker’s regulations, trading conditions, and contact details should be the biggest red flag for those who plan to invest with the entity. Usually, such companies run investment scams. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as BDSwiss and BlackBull Markets.


72 Option™ Update

Our findings showed that 72option is no longer active. The broker’s website is unavailable to reach. Besides, there is no evidence of whether the broker operates or not. We recommend avoiding any offshore-based brokers due to their instability and lack of serious regulations.  

No news available.

One response to “72option”

  1. Hi, I lost Amount of money due to my involvement with 72 option however they are now claiming that they are able to release the money to me but I must pay their fee first which I have very little confidence they are legitimate hence they will receive no monies from me. Their email to me lately has been from the platform they deem to be which their email address shoes support@finance-option.com
    Has anyone else came across this type of method as I would like to know how to deal with this in a professional way but I will not release funds due to the a gut feeling that this is a fraud . Any advice or help would be greatly appreciated
    Best wishes CF

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