Goptions Review (2023)

• Company name: Goptions
• Registration Address/ License: Registration not clear. No License, No Regulation. 

Goptions broker is a firm, which location and address is not clear, but most recently located in some offshore zone. The company states that several professional traders rely on developing a tangible binary options strategy that combines both binary options and the traditional Forex and Stock trading, in order to diversify their investments and enjoy greater exposure to the markets.

In addition, the official website is full of information about the necessity of the company regulation as a critical component, which ensures that the firm is completely eradicated from the scam. The broker even mentions the Traits Of A Bad Trading Site and advises to look for a good broker with a quality of regulation along with credible information and dedicated maintenance of trading service. Overall, the website seems to be devoted to giving all the information about trading binary options and Forex, with strategies, news and necessary information. Yet we revealed that the GOption offers clients as well way to trade on leading financial markets – Forex, Commodities, Indices and Stocks.

Is Goptions a regulated forex broker or a scam?

However, being an alleged information site, of course, the firm is not a legal entity to provide a trading environment, as simply might perform a pure scam. Moreover, the internet sources and forums are full of complaints from the traders, which shows that suspicious guesses are true. As well, the European regulators issued a warning against GOptions which originally came from FMA and followed by other partner authorities within the EU (please check the link to confirm the status).

Conclusion

Well respected financial authorities like the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC) or the Cyprus Securities and Exchange Commission (CySEC) are effectively enforcing strict financial and ethical rules on all overseen brokers. That’s why we recommend choosing among the brokers regulated with the mentioned authorities. Traders should trade with well-regulated brokers (Top 10 Forex Brokers in the World) such as UK brokers or brokers in Australia and reliable brokers such as FP Markets and TMGM.