Full Review of PrimeOption Broker
PrimeOption is a company founded in 2017, which is now associated with fraud in the CIS. Managed by an English company, it, according to some clients, stole money from fairly large accounts. After analyzing the reviews and practices of the binary options broker, we present you with a review.
License and Activity
PrimeOption’s website displays a scan of a license from Belize, but it was obtained a year before the broker started working and is already expired. Why they did this is a mystery.
Facts that raise doubts:
- License from Belize – a country with careless regulators on the other side of the world;
- Company’s activity in Russia.
The scan on the website turned out to be fake, and there is no information about Belize IFSC there.
Website and Platforms
The primeoption.ru resource has a Russian domain name but is poorly executed. It looks empty and as if it was created template-like. The page resembles something made by a novice designer. Also, an icon of Binomo was found on the website, raising questions – is it licensed or stolen.
Trading Platforms
On the WebTrader and MetaTrader 4 platforms, PrimeOption has very few features. Trading is done with short-term contracts with fixed payouts.
Trader Accounts
In addition to a demo account, 4 types of accounts with slight differences are offered. Whether the account system was created for the sake of diversity remains a mystery.
- New: basic training, deposit from $0 to $249.
- Bronze: trading signals, deposit from $250 to $1499.
- Gold: personal account, deposit from $1500 to $1999.
- Platinum: full signals and lessons, deposit from $2000.
Customer Support and Financial Operations
There is no customer support on the website, indicating the fraudulent nature of the company. Financial transactions are only available after registration. Withdrawals are supported by almost all modern systems, including bitcoins.
Reviews of PrimeOption
Most reviews are negative and confirm fraud. There is evidence that positive reviews are bought or created by the company itself. In general, PrimeOption is not recommended for registration.
Conclusion
Research has shown that PrimeOption is a dishonest company engaged in luring money from gullible people. A bad website, limited platforms, and accounts of questionable quality – this is just the beginning of the list. Pass by PrimeOption and look for more reliable options for trading.
Author: Igor Nehoroshkov
