BMBoption Scam Test 2015

BMBoption Scam Test 2015

BMBoption Scam Test 2015

The world of binary option trading can be a bit of a Wild West when it comes to honesty and being trustworthy. Indeed, there are “operators” out there whose only goal is to scam their traders using every trick in the book. In this BMBoption scam test, we’ll take a closer look at bmboption.com, through the lens of scrutiny, with the very goal of discovering any sort of abuse the site may level at its customers in any way.

The truth is that thus far, we’ve only ever heard good things about this operator and their record seems to be spotless as well. We do not simply accept such information as the truth though. Instead, we’re putting this operator through the “works”, actually going in, making a deposit and using as many of the features they offer as possible, while keeping our eyes open, looking for problems we will then fill you in on.

BMBoption Scam Test 2015 | Trading Platform

While one would think the trading platform is the last tool someone would use to perpetrate a scam, nothing could be further from the truth. Working with so much constantly updating data can indeed leave quite a few doors open for fraud on the part of the entity which controls the way the data is used/displayed. Presenting inaccurate data is one way to scam the trader, but some of the less-than-honest operators can delay data till the trader’s option expires outside the money or the platform itself may run a little late…the bottom line is that there are indeed countless of ways to fleece someone through the use of the trading platform features, and the worst thing about such scams is that people will often not even be able to tell what’s being done to them.

In the case of the BMBoption platform, we are happy to confirm that there is nothing crooked about it whatsoever. Everything works the way it’s supposed to, which is great. The interface is intuitive and easy to get the hang of. The placing of actual trades is self-explanatory and the data used is always real and up-to-date.

Included in the platform, there are a number of trading tools, the proper use of which is explained in detail in the Education Center of the site. Apparently it’s true indeed that everything about BMBoption is geared towards trader success, even their platform.

BMBoption Trading Platform

BMBoption Trading Platform

BMBoption Scam Test 2015 | Deposits and Withdrawals

The first step of our BMBoption scam test was the actual deposit/withdrawal process, which is obviously the bread and butter of every such operation. While there are indeed a few supported deposit methods we weren’t particularly impressed with how many there are right now. We made a deposit using a credit card, and the funds did indeed land in our trading account almost straight away. We read somewhere that wire transfers take longer to process…which makes sense, but we never used that method. Anyway, the promised 100% bonus landed in our account as expected and we had some $500 to trade with, so with the Deposit part of the equation, there were indeed no problems whatsoever. It has to be noted though that they do indeed go out of their way to verify the identity of their real money customers, and in this respect traders may/will be required to send in a copy of a photo-bearing ID.

BMBoption One Touch

BMBoption One Touch

Withdrawals represent the most sensitive area of every financial system: people expect their monies to land in their bank accounts as soon as possible obviously, and patience is something that’s always in extremely short supply in this respect. The withdrawal times at BMBoption are adequate, we can now attest to that and there don’t seem to be any problems in this respect either.

BMBoption do support a number of e-wallets (like Skrill) for deposits as well as withdrawals but we never directly tested that path.

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BMBoption Scam Test | Feedback

As part of our BMBoption scam test, we have taken the pulse of the community and surprisingly, we haven’t found any negative opinions about this broker yet. Some opined that the $250 required minimum deposit was a tad too big, (especially considering that some brokers out there require as little as $100) but experienced traders know that one’s starting bankroll needs to be rather big in order to tide the trader through the initial variance he/she will inevitably encounter. It needs to be said that a $100 deposit (especially one backed by a flimsy match-bonus) is simply insufficient to accomplish that. At BMBoption, the $250 comes with a 100% match deal, so with that, one will have some $500 to trade with, a bankroll that’s built to last indeed.

The way we currently see it, there may be negative comments popping up about this site in the future – that’s just the nature of the business: these are bound to be disgruntled traders out there – but in all honesty, right now, every operational aspect of this broker is satisfactory from our point of view.

BMBoption Ladder

BMBoption Ladder

BMBoption Scam Test | Conclusion

The bottom line in regards to this operator is simple at this point: there’s nothing crooked or dishonest about any of the aspects of this operation. Everything is A-OK, and some would dare say it’s more than OK even. BMBoption.com is rumored to be an operation with an extremely high number of consistently successful traders. Certainly, there are losing traders too, who may not be particularly delighted about how their fortunes have turned out at the site, but that is inevitable. The overall marketing-approach of the operation seems to be a very healthy one: they are focused on the education of their traders, and they do indeed go out of their way to teach their clients not only the basics, but advanced strategy-concepts as well. All the tools available directly in the trading interface are thoroughly explained as well. There is an extensive video library, an eBook as well as a selection of eCourses.

CLICK HERE AND PROCEED TO SAFETYTRADE WITH REGULATED BROKER NOW!

Author's overall rating:
Author: Ben Prescott
Updated:

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