Want to Trade with BitOptionTrade? Read This First!
BitOptionTrade likes to make big promises. This is a reason to avoid it. In fact, to say this unregulated broker overpromises and underdelivers is an understatement. It promises that clients will make a 350% return on their investment. This is an absurd amount, especially considering that the best broker can usually only help people return 10% annually, but usually less. No broker should be guaranteeing you returns on your investment. There is no way of being sure how the market will go.
Is BitOptionTrade a Scam or Legitimate?
In addition to extravagant promises, BitOptionTrade has been flagged as a Ponzi scheme. These crimes involve money just circulating in and out of the broker’s account. No trading actually goes on. Therefore, it is kind of a misnomer to call operations like BitOptionTrade a broker, because that implies they actually trade client funds. We therefore wouldn’t recommend opening an account withBitOptionTrade.
We Found Problems with BitOptionTrade:
- No license
- Misleading statements about licensing
- False guarantees
- No transparency
- Bad reviews
What You Should Do If You Have an Account with BitOptionTrade
If you currently hold an account with BitOptionTrade, close it and demand an immediate withdrawal of all of your funds. If you do not receive a withdrawal from FunCube, contact CryptoCoinTrace experts. We consult with clients, advise them on claims and have the tools and methods to track down your funds. The sooner talk to us, the greater the chances of a successful claim!