72 Option Scam Test 2015

Since this is an outdated article, we recommend that you take a look at our 72option Scam Alert.

72 Option is regarded as on the most influential binary option brokers in the world. The rates they produce are copied by many other brokers in the business. To get a better understanding of how percentage points are adjusted per asset, continue reading as I will explain later on. As far as professionalism, you won’t have a better trading experience compared to any other broker.

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72 OPTION SCAM TEST 2015 | AUTHENTICATION

Binary option, along with a slew of other online trading forms, are susceptible to money laundering and fraud, so it is important for  every binary option broker to do their due diligence in order protect their institute from financial failures and legal issues. To avoid any issues with traders and false accounts, investors must verify their accounts when opening their trading portfolio. A proof of residency, such as a utility bill or bank statement, as well as government issued ID. The information that you share with brokers is too be kept private and secure, as everything must comply with European trading laws, meaning 72 Option scam moves are inexistent.

72 OPTION SCAM TEST 2015 | DEPOSIT

The minimum amount needed to open an account with 72 Option is $250 during the initial funding stage. After you have made your first deposit, which may be greater the minimum requirement of $250, you may enter the site and make deposits into your account without speaking with a broker or to the customer service.

Bonuses may be offered to traders when first registering for an account, and for those traders who are already members of 72 Option trading platform, they receive bonuses based on trading performances.

72option deposit page

72 OPTION TEST 2015 | TRADING PLATFORM

Although the company is named 72 Option, in fact there are over 200 assets available to be traded on their platform. 72 Option works closely with the industry’s leading platform provider, Spot Option, therefore the rates offered at 72 Option are copied throughout the industry as they are seen as the market maker for the binary option trading industry.

The platform consists of the standard Call/Put trades, as well as short term trades which only last 60 seconds. For long term trading, there is a section specifically for those type of investments, as well as the ability to make trades on the weekend. Weekend trading is special to binary options, because when markets are closed binary option traders have the ability to go onto their trading platform to make trades for the upcoming week.

One Touch and Ladder trading are trading options for advanced traders. To land in the money on either of those types of trades is much more complicated than the basic Call/Put trade, but the pay-out rates are far superior, meaning that 72 Option scam rumours are incorrect.

72option short term

72 OPTION SCAM TEST 2015 | PROTECTION

The scam test for 72 Option has come back with no negative results. The institute is regulated with the European trading system, and follows all laws and regulations set up before them by CySEC, which covers more than 30 nations in Europe. Legally traders and brokers are protected by this organization, as they oversee the operations and compliance associated with binary options.

On the technical side of the equation, 72 Option as broker is legit, as they use Spot Option’s services. The data on the trading floor is live, as the information is pulled from trusted data providers.  

Payments made in and out of the system are SSL encrypted, and comply with PCI, meaning that the firm only has the last four digits of the credit/debit card used to fund the trading account.

72 OPTION SCAM TEST | CONCLUSION

In general, 72 Option passed all of the scam tests related to clearing a brokerage as accepted to be recommended. The firm has an excellent website, and when discussing account and trading issues on the phone, their representatives were very knowledgeable and helpful. The company complies with European regulations, as that is where the organization headquarters their company, and requires all of their traders to oblige with the rules, whether they are trading from outside the region or not.

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Author: Mark Watson
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