Crypto Options Trader Review (2023)

Is Crypto Options Trader a scam or a legit broker?

It is not safe to trade with Crypto Options Trader, because it is an unregulated broker. In addition, the company has been suspected to be a fraud. While we checked the company there is no authorization or registration of the address, therefore the company seems to be highly suspicious while might operate its services from an absolutely different location.

Crypto Options Trader is a London based company that claims its offer to all traders the opportunity to trade a wide range of the top-ranked digital coins, cryptocurrencies along with the customer support, latest information and most secure platform. Yet, those statements are not legitimately confirmed, as the broker operates with no license or authorization from either local or international regulator.

However, being located or while targeting client within the UK any company involves themselves in a risk to be cached by the reputable UK’s watchdog FCA. FCA mission is to ensure smooth offering within the market, while the main aim is to protect clients from potential fraud companies or unauthorized investment. Therefore, Crypto Options Trader appeared recently in an FCA warning list too, since the firm does not hold any license to offer its service and not overseen by anyone. 

“Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorized by us. Based upon the information we hold about Crypto Options Trader, we believe it is carrying on regulated activities, which require authorization.”

FCA, UK September 2018

Conclusion

For that reason, we do not recommend to trade with Crypto Options Trader, even though there are no so far many reviews about how the company operates with the traders’ opinions. Since the trading itself involves significant risks it is at the priority matter to choose a reliable company, which is strictly overseen by the international standardization. The list of Regulated Forex Brokers will help to choose the best suitable one, while the companies are authorized by the local authority FCA, or any other world regulator.

Crypto Options Trader website is no longer active.