Win Option Review – Key Facts And Reasons To Avoid This Broker
Win Option broker is one of those that expect you to blindly trust them. Even at first glance, you realize that there is not a single reason to trust them.
Not to mention that digging deeper just reveals more and more flaws. Still, their advertisement might be something that catches traders off guard. Stay tuned with our Win Option review to find all the warning signs.
|Regulated by:||No regulations|
|Is This Company Safe?||No|
|Have Warnings from:||N/A|
|Trading Platforms:||Proprietary platform|
|Trading Assets:||Forex, Stocks, Commodities|
|Free Demo Account:||Available (allegedly)|
|How to Withdraw from This Company?||Considering quite a poor website, lack of transparency and no regulations you should avoid this broker at a wide angle.|
Legal info: Win Option legit or scam
WinOption broker has quite a poorly designed website. Every button leads to the home page. Therefore, you can’t check any of the documents about the broker. Nevertheless, they don’t reveal any ownership or address information. Not to mention regulations that are quite important.
We checked for WinOption.com in the registers of FCA, BaFin, ASIC and CFTC. Yet, none of those held any information about this broker. Consequently, you can forget about any protection from them. To learn more about what key features you should check with a broker read our RealFXPro and Roldex Pro reviews.
Who are Win Option clients/victims?
Win Option scam is spread worldwide. Even though the patterns are quite strange. Anyway, since 2023 they are mainly scamming traders from:
- United States
If you were a victim of this broker or any other feel free to share it with us. Our specialized team can guide you through the refund process. You just have to book a free consultation.
Leverage, Commissions, Spreads, Fees and Taxes
This anonymous company offers even more anonymous trading conditions. The only transparent information is regarding leverage. In this case, the company offers 1:1000 which is highly dangerous. Especially without crucial negative balance protection.
Besides leverage, nothing else is transparent with the Win Option scam broker. Therefore, it should be avoided at all costs.
Important to remember the whole time is that this company is fraudulent. Another confirmation is the welcome bonus they are offering.
In general, bonuses come with malicious clauses where you have to make insanely high minimum trading volume. Don’t fall for it because you won’t be able to make any withdrawals.
Win Option Trading Features
The company has quite poor instruments offer. On top of that, they promote a very shady proprietary platform.
However, the funniest thing about this broker is that they claim to be an award-winning company. Yet, nothing matches those statements.
Mobile Trading App
Another key warning sign is the company’s trading software. They promote proprietary app which is available for mobile devices allegedly. Thus, you can’t even register with the company to test it out.
Is Win Option trading legit?
Definitely not. The company is completely anonymous. After all, they are not regulated anywhere. It’s even questionable if they are registered as the company at all.
Available Trading Assets
Trading instruments are nothing spectacular. In fact, nothing you can’t find with a regulated broker. Thus with way better conditions. You can choose from:
- Forex (GBP/USD, EUR/JPY)
- Commodities (gold, platinum)
- Stocks (Tesla, Meta)
Account Types and Funding Methods
Win Option broker doesn’t reveal information about account types. The only visible information is regarding the minimum deposit which starts at $10. As for the funding methods, they are using icons of:
- Visa/Master card
Have in mind that only with cards you can have a chargeback.
The same thing as with mobile apps comes with the demo account. A dysfunctional website doesn’t let you do anything there. Therefore, it’s quite unacceptable even for beginners.
Generally speaking, you can’t expect world-class education from a broker that can’t build its own website. Nevertheless, they don’t even provide any educational package. If you combine their poor offer with missing regulations you realize why nobody should invest here.
Win Option Withdrawal
Considering their shady funding methods it’s highly unlikely that you can withdraw any money. Primarily because of the non-transparent approach and missing regulations. Also, the company provides bonuses to traders that will lead to issues with withdrawals.
But don’t be surprised if you face other issues, such as inadequate verification documents or non-existent fees and taxes.
The broker tries to present itself as present on many social media platforms. However, those accounts don’t exist. In addition to that, the company doesn’t reveal any other contact information. Such as phone numbers, e-mails or live chat options.
It would be really inappropriate to compare this broker to any other legitimate Tier 1 licensed company. Especially in the era where customer experience is the main priority.
Key Information To Consider About Win Option
This Win Option Review showed you all the reasons why not to trust this broker. Primarily because of missing regulations and lack of transparency. Also, they don’t provide transparent trading conditions and access to the trading platform. Lastly, you don’t have any option to contact the broker. Which all leads to the conclusion that they are nothing but a scam.
In general, you should always choose licensed brokers. But if you were already caught in their scamming net, feel free to contact us. Our specialized team can guide you through the fund recovery procedure. To get the advice you just have to book a consultation. Most importantly, it’s free of charge and non-obligatory. Contact us now and start your refund process!
How Long Does It Take To Withdraw Money From Win Option?
Without a transparent withdrawal policy and regulations most likely you will never get a withdrawal from this scam broker.
Is Win Option Trading Legit?
No. The company doesn’t reveal ownership or address information. On top of that, it’s not licensed for their services.
What Is The Minimum Deposit For Win Option?
The minimum deposit advertised by the broker starts at $10. If were the victim of a scam, don’t hesitate to reach out to our recovery team.