Do You Want to Know If Smart Bull Options Is Legitimate or a Scam Broker?
Smart Bull Options is yet another broker that may have a decent website and passable web content, but just a casual glance at the home page should signal that it’s a suspected scam. For instance, among other “favourite” trading instruments, it says it offers CFDs. Many traders realize that CFDs are illegal in the United States, but since Smart Bull Options spelled favorite the British way as “favourite,” we can assume they are located outside of the United States, so then it’s okay, right? Wrong.
There Are Some Problems with Smart Bull Options
The SEC has flagged Smart Bull Options as a suspected scam and says they are offering trading assets without proper licensing. Lo and Behold, we also discover from the SEC that Smart Bull Options is located in the United States. That means that they are offering trading of CFDs illegally. This is only one of many problems with Smart Bull Options, but it certainly shows a clear intent to deceive. It’s petty to change the spelling of words on a home page to try to get away with unauthorized trading.
Red Flags that Smart Bull Options Could Be a Scam Broker
- No license
- Deceptive tactics
- Flagged by SEC
- No transparency
- Bad reviews
If You Need Fund Recovery from Smart Bull Options, Talk to Us
We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with this broker close it and request a withdrawal. If you are not given your money back, contact Broker Complaint Registry right away. We will consult with you, work to track down your funds and create investigative reports, and will assist with fund recovery efforts.