Beware Goptions is a Non-Licensed Broker. It is NOT SAFE to trade.

  • Company name: Goptions
  • Registration Address/ License: Registration not clear. No License, No Regulation. 

Goptions broker is a firm, which location and address is not clear, but most recently located in some offshore zone. The company states that several professional traders rely on developing a tangible binary options strategy that combines both binary options and the traditional Forex and Stock trading, in order to diversify their investments and enjoy greater exposure to the markets.

Goptions Review

In addition, the official website is full of information about the necessity of the company regulation as a critical component, which ensures that the firm is completely eradicated from the scam. The broker even mentions the Traits Of A Bad Trading Site and advises to look for a good broker with a quality of regulation along with credible information and dedicated maintenance of trading service. Overall, the website seems to be devoted to giving all the information about trading binary options and Forex, with strategies, news and necessary information. Yet we revealed that the GOption offers clients as well way to trade on leading financial markets – Forex, Commodities, Indices and Stocks.

Is Goptions a regulated forex broker or a scam?

However, being an alleged information site, of course, the firm is not a legal entity to provide a trading environment, as simply might perform a pure scam. Moreover, the internet sources and forums are full of complaints from the traders, which shows that suspicious guesses are true. As well, the European regulators issued a warning against GOptions which originally came from FMA and followed by other partner authorities within the EU (please check the link to confirm the status).

So in conclusion, of course, we advise to avoid Goptions and to be very concerned about broker’s reputation, legal status and maintenance of reliability while choosing the firm to trade with. There are many regulated Forex brokers and it is much safer to choose among those entities.  

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