The Golden Option Trading Review: Is this a Scam or Legit?
In the world of online trading, there are many options available to those looking to invest their money. One option that has been gaining popularity in recent years is binary options trading – which is where our Golden Option Trading review comes in. With binary options trading, investors can make large profits in a short amount of time by predicting whether the price of an asset will go up or down.
With the potential for such big profits, it’s no wonder that there are a lot of binary options trading platforms available online. One platform that has been getting a lot of attention recently is Golden Option Trading, as they promise to help investors make huge profits.
But is it legit?
In this article, we’ll take a look at what Golden Option Trading is and how it works. We’ll also investigate some of the complaints that have been made about the platform to see if there is any truth to them.
What is Golden Option Trading?
Golden Option Trading is a website that claims to provide tips and tricks for binary options trading. The website offers a variety of different services, including a forum, where users can ask questions and share ideas.
The website also offers a newsletter, which includes information about upcoming events and new features on the site. Golden Option Trading also provides a demo account for those who want to try out the platform before committing to it.
What are the Benefits offered by Golden Option Trading?
It Offers a Wide Range of Assets to Trade
One of the main benefits is that it offers a wide range of assets to trade, including stocks, commodities, indices, and forex pairs. This gives users a lot of flexibility when it comes to choosing what to trade.
It Has A User-Friendly Platform
Another benefit of Golden Option Trading is that it has a user-friendly platform that is easy to use and navigate. The platform is also available in multiple languages, which makes it accessible to traders from all over the world.
It Offers Excellent Customer Support
Golden Option Trading also offers excellent customer support and provides its users with a number of helpful resources, such as educational materials and market analysis. This ensures that users have everything they need to make successful trades.
It offers a 14-Day Money-Back Guarantee
Golden Option Trading offers a 14-Day money-back guarantee. So if you are not happy with the service, you can cancel within the first two weeks and get a full refund.
It Offers a Variety of Educational Trading Tools
Golden Option Trading offers a variety of educational & trading tools to help you become a successful trader. Their educational resources include webinars, articles, and video tutorials that cover everything from the basics of trading to more advanced concepts. They also offer a demo account so you can practice your skills before putting real money on the line.
In addition to their educational resources, they also offer a variety of trading tools to help you make informed decisions and execute trades with confidence. Their live market data and charts provide up-to-the-minute information on global markets, while their economic calendar keeps you abreast of key events that could impact your trading.
What is the Drawbacks of Golden Option Trading?
The organization claims to be a VIP Forex trading signal. Unfortunately,many members claim that they’ve lost a lot of money following their alerts & their business is well-known in the industry for being a Ponzi scheme.
Golden Option is Unregulated
Because they are unregulated, your money is subject to whatever they decide to do with it. So any money you deposit is at risk of being lost.
Since there is no regulation, the individuals in charge of the trading software are free to take your money without being held accountable. If they wanted to, they could take your money and vanish at any time without warning. Without a license, trading platforms offering online investment services are unable to offer any type of protection to their clients. In contrast, regulated businesses follow a number of rules that guarantee the security of their customers’ money. For instance, if a business must satisfy the minimum capital requirement, which varies by nation and they may also be subject to certain product specifications, business classifications and other factors, before being granted a license.
Lack of Information
With any legitimate trading platform, you’re able to quickly find out who the CEO of this investment firm is, who is running it, etc., to ensure that you are working with a regulated and well-known investing platform. But since you don’t know who the CEO of Golden Option Trading is, and who will be handling YOUR MONEY, the lack of information is a major red flag, making them risky to work with.
Additionally, as soon as you give them your phone number and email address, they call you almost immediately to make any promise necessary to get you to deposit money with them as soon as possible. They ask you for your bank card information to help you make the transaction, which then gives them access to your bank account. Additionally, there is a risk to experience identity theft, which would result in a lot more issues. So whatever you do, don’t give them this information.
The Golden Options Trading Reviews: Is It a Scam or Legit?
Looking at some of the reviews of their customers from Trustpilot, it looks like they have a number of good reviews.
We’ve listed just a couple here to give you an idea of what they are like.
Mattia Comment- SCAMMERS. STAY AWAY
Easy Way Comment- Goldenoptiontrading is a beautiful…
Over all, we feel that Golden Option Trading is not a legit business. They do not have a good reputation and there are many complaints against them. Because of that, we feel that it’s best to avoid doing business with them, and find more reputable Forex trading software to use.
Ulitmately, if you’re looking to trade options we recommend you check out The Empirical Collective.