Is Magnum Options Legit?

Magnum Options Legit Review

Is Magnum Options Legit?

The world of binary options trading is constantly expanding and a lot of new broker companies emerge almost every day. Some of them are legitimate broker companies with great platforms and some of them are total scams. If you want to be a successful trader you have to distinguish the two and that can be very hard. We are here to help you decide which brokers are legitimate and which are not. Today, we will try to find an answer to a question that a lot of our followers asked: Is Magnum Options legit? Read on and find out the honest answer on that question!

Is Magnum Options Legit? | Background

Since its introduction in 2013 Magnum Options is constantly growing and attracting new customers, and it is now one of the most popular binary options brokers. This company was founded by financial experts who are in the business for years. Their goal was to create a top-class binary options broker website. Magnum Options is registered in London but it has expert associates in all parts of the world. It is available and very popular in the United States and Canada.

Is Magnum Options Legit? | Trading experience

Everything on MagnumOptions.com looks clear at the first sight and the design is modern and attractive. We tried the platform ourselves. The login process was fast and easy and it didn’t take us more than five minutes. We decided to fund our account with a minimum required deposit of $200, as stated in our Magnum Options Review 2016. Several depositing methods were available. Then we spent a few hours exploring all the features of Magnum Options.

Magnum Options Trading Platform 81

These are our conclusions:

  1. Magnum Options offers several account types and it is adjusted to all types of customers
  2. Trading on Magnum Options is safe due to the SSL encryption technology
  3. Magnum Options offers more than 100 different assets.

The most important thing is that we didn’t experience any kind of delays or problems during our stay on the site.

Is Magnum Options Legit? | Complaints

Every famous broker company is largely discussed on the Internet and Magnum Options is no exception. Most of the user reviews on blogs and forums about this broker are positive but there are some complaints too.

Some users think that Magnum Options is not legit because it is not regulated. We dont think that this fact represents a problem because despite not being regulated Magnum Options safety record is remarkable.

Other complaints mainly come from users that didn’t succeed in trading because of their lack of trading skills. You can find complaints like that for any broker in the world. Finally, our Magnum Options Scam Test 2016 has rock-solid proofs of the broker’s legitimacy.

Is Magnum Options Legit? | Answer

The main question of this article was: Is Magnum Options legit broker? Our answer is: Definitely yes! We found no evidence of this broker being a scam. We think you should try Magnum Options as soon as possible and we advise to take advantage of the learning materials about binary options trading available on their official website.

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Author: Mark Watson
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