RBOptions Review – Read this before signing up

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RBoptions Review

RBOptions Review

Name RBOptions Web site www.rboptions.com Online since 2020 Country Canada Platform SpotOption

RBOptions, with a home base in Toronto Canada, arrived on the binary options scene back in 2020 with a bang. In no time at all they earned themselves a great reputation as a likeable broker and today stand as one of the leading brokers in the industry.

Their top-notch customer service, in addition with highly skilled brokers, allow traders to seize every trading opportunity; and overall profit as much as they can.

RBOptions Trading and Payouts

Traders arriving to RBoptions.com will be greeted with a clean yet appealing site, available in German or English (with more languages to come in the very near future).

Tabs include a financial glossary (including detailed information on tradable assets as well as the best times to trade them) an educational calendar with key trading events, daily market reviews by in house analysts, and last but definitely not least a full complimentary educational calendar.

Whatever level trader you may be, you will find all the tools and knowledge necessary for becoming an even more successful trader. After all there is always something to learn.

In terms of the trading platform RBoptions utilize the ‘SpotOption Trading Platform.’ It’s popular amongst beginner and even advanced traders as being the easiest to use and overall exceptionally user-friendly. Trades can be placed for just a minimum of $5 for 60 second trading, and $10 for any other trading type, with high returns.

Trading Features include: Standard Call/Put Binary Options, One Touch Binary Options, Pairs, Ladder Trading and much more. You can profit in as little as 30 seconds on short term trades right through to a year.

Asset Choice

RBoptions offers a wide array of the most popular assets (over 200 assets) including commodities, stocks and indices. They also cater for traders who enjoy forex, likewise offering high returns on trading currency pairs. All in all traders can receive all the tools necessary to flourish at RBoptions.

Special Features

RBoptions offer many in market indicator tools on their platform, in order to assist traders in maximizing their profits such as Spot Follow, Roll Over, Double Up and more. Furthermore, their platform is one of the highest paying in the industry- offering up to 89%, sometimes higher, and up to 150% for weekend trades.

Same Day Withdrawals are available to Broker Accounts and higher, and a feature exclusive to RBoptions. You can literally withdraw your money how it is written – the very same day!

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If this feature wasn’t enough to stand out from the crowd, RBoptions offer a 100% welcome bonus to all their traders, whatever the account holding. They also run weekly promotions where you can receive a huge brokerage bonus, risk free trades or amazing rewards such as an Apple MacBook Pro, Xbox Ones, Mont Blanc Products and gift vouchers to top online retail stores.

The list is endless, they are always coming up with new and exciting giveaways. Currently they are giving the chance for traders to get their hands on an Apple Watch, before anyone else.

A clear favorite amongst RBoptions traders is their continuous promotion for an iPhone 6, and RBoptions have already given dozens away!

Customer Service

RBOptions continuously work hard to satisfy their traders. Their professional staff handle questions, and queries in a proficient manner, always with a smile. Customer support is available any time of day or night, working to your schedule. They offer a list of toll free numbers for eleven Countries and assistance in multiple languages including English, Spanish, Chinese, Turkish, and Russian. The live chat button is available on their site, so you can reach them without delay.

RBoptions support respond right away, helpful, patient and full of knowledge not only in customer support, but also the financial field.

All in all, RBOptions, is a champion broker offering a top notch complimentary education suite and award winning customer support. The team clearly listen to what their traders want and always offer it in terms of special features updated regularly, highest paying platform and a change to truly receive the most from their investments.

RBOptions Login and Deposits

RBOptions Login And Deposits

If you are in search of a thorough, detailed review on RBoptions, then look no further!

Toronto based RBoptions- with their ‘solid gold’ reputation in the financial shpere, is down to the fact they offer immediate withdrawals (which is hard to find elsewhere) as well as an outstanding complimentary education suite.

Read our review for further information on signing up, depositing and withdrawing funds with this Toronto based broker.

RBOptions Login and Deposits | Registering for an Account

Signing up to RBoptions.com only takes a few minutes. The neat and clean layout of their website makes steps clear and self-explanatory. After entering your profile information and making a deposit for trading funds, you can select the level of account you wish, before commencing on your trading journey.

RBOptions Login and Deposits | Deposits

Opening an account is accessible from just a minimum deposit of $250 and the minimum position to open a trade is just $5, meaning this broker is largely accessible at all levels. Furthermore, you can advantage of a 100% exclusively-negotiated welcome bonus which is great for making higher returns on your original investment.

RBoptions offer an unlimited ‘no string attached ‘$50,000 demo account demo account, containing the key features of the site for those wishing to test the platform without risking their own capital. All in all, it is a feature which all top brokers must have, although some brokers sadly don’t.

RBOptions Login and Deposits | Depositing Methods

When it comes to making investments, traders have the chance to fund their account either with all the major Credit Cards, Debit Cards, Wire, or Skrill. Although this is not different to many other brokers it is still a great selection of payment methods as it caters to traders from around the globe.

All funds are kept in a segregated accounts and personal information and financial transactions are secured by a cutting edge security technologies. This same encryption is used on RBoptions’ mobile application which is good to know for traders, who enjoy trading on the move.

In addition, all investor funds are held in a segregated account with no liability risk associated.

Funding your account can be done with the following currencies- USD, EUR, GBP, USD, AUD, and CAD

RBOptions Login and Deposits | Withdrawals

RBoptions handle deposit withdrawals in an efficient manner and always do their utmost in order to protect their users, ensuring they work with the highest security standards.

All you need to withdraw is a minimum amount of $100.00; with all payment methods. They do NOT charge hidden fees for deposits or withdrawals. Once deposits have been approved by RBoptions verification team, traders can trade with the entirety of funds deposited.

Withdrawals are handled straightaway, considerably with regards that legal required documents must be in place beforehand. Therefore we give huge credit to their reliable and hardworking compliance staff who always make sure traders can withdraw their funds and receive them within the time-frame. Don’t just take our word for it, the company receives much admiration across the internet for just how smooth withdrawals are.

Gold Accounts and higher benefit from Same Day Withdrawals, which is a revolutionary feature in the industry and one we have not found other brokers to offer their clients. The transactions are overall smooth, straight forward and the fastest we have seen in the business. Even silver accounts benefit from withdrawals within 3-5 business days which some brokers only offer for premium accounts.

All in all it is clear RBoptions hire a professional compliance department whom work very hard in providing an extremely efficient service, approving new registrations quickly once all documents are filled in and submitted.

All in all whether you an entry level broker or even the most advanced RBoptions caters for everyone and definitely a broker to watch.

RBOptions

Broker Name: RBOptions
Platform: SpotOption
Founded: 2020
Bonus: 100%
Return/Refund: 75-88%/0%
No. Of Assets: 96
Regulated: No
Demo Account: No
Minimum Deposit: 250
US Traders: Not Accepted

RBOptions Review

RBOptions is an unregulated broker owned and operated by Zulutoys Limited which is headquartered in the Marshall Islands. The number given is 1-647-846-8231 and there are dozens of numbers for local service representatives in countries around the planet. Clearing services are provided by RB Secured Processing Limited located at 22 Wenlock Road, N1 7GU London, England. Zulutoys Limited is also registered under a virtual address in UK, the company number and address is: 09872729, office 3.11, nwms center 3rd floor, 31 southampton row london england wc1b 5hj.

Update 2020: I no longer find any phone numbers, just different email addresses. Customer service’s email is: [email protected] Further, we fear RBOptions is closing down – find out more below!

Is RBOptions a Scam?

RBOptions is not regulated and also warned against by multiple authorities worldwide. They lack transparency regarding who they are because I could not find any information on them on their website and I had to refer to Google in order to identify Zulutoys LTD as the owner of RBOptions. Their virtual UK address was the only thing I found and that doesn’t mean anything. Furthermore, there are no phone numbers published under “contact us” – only email addresses. They are neither regulated nor allowed to operate in locations they claim to be operating from such as South Africa, Australia, Canada and Sweden which have actually issued warnings against RBOptions. Another sign of scam is the false advertisement mentioning that Yahoo Finance says good things about them which is complete nonsense. All I could find was regulatory warnings, rip off reports and scam alerts. To further strengthen why you should avoid this broker, we also checked their traffic. They have lost more than 5 times their traffic since last year and there was a sharp decline during recent months Jan/Feb 2020 which could mean only one thing – they are ceasing all operations for one reason or another.

Editor’s Note – Why Does RBOptions Suck in 50 Words

The biggest “issue” I have with RBOptions is that they are not regulated, despite being in the business for several years. Moving on to education, although I enjoy the A to Z video lessons, I see that the rest of the education center needs to get “spiced up”. It’s just a few lines in plain boring text. Under construction perhaps? Update 2020: RBOptions sucks because they are warned by so many regulators and now they are closing down.

Why Doesn’t RBOptions Suck in 50 Words

RBOptions used to have a fair reputation as a broker even though they were not regulated yet. It seems they had made some good attempts to help traders reach success. They offered unlimited demo accounts with no strings attached, training and signals for their VIP clients, education, webinars and more. What I really liked was that withdrawals were processed and approved during 3 business days – even for non-VIP members. Too many brokers like to drag this process out as long as possible. For VIP members with larger deposits on the other hand, withdrawals were processed within 24 hours!

Update 2020: RBOptions seems to have ceased their operations. I can’t find the live chat nor the company info. The daily market review was last updated in July 2020, just a month or two before they lost their traffic which is now extremely low! It is best to avoid trading with RBOptions.

Should I Open an Account with RBOptions

RBOptions uses the SpotOption platform which is one of the top platform providers. The platform looks nice, just like any other SpotOption platform so nothing special about it but they have recently added the SpotFollow copy trading option and spot forex. You can choose among, Binary Options trading, Pairs, long term, short term and one touch options.

The expiries vary anywhere from 30 to 60 seconds, 5 10 and 15 minute, daily weekly monthly and even up to 1 year! And if you’ve made a mistake or you simply don’t believe a trade will finish in the money, you can use the “Cancel a trade” feature. However, beware that canceling more than 20% of your trades is considered abuse and any profits will be renounced. Other than trading in pairs and the cancellation feature, the standard account holder can receive a 25% bonus, 3 day withdrawals and the unlimited demo account. RBOptions offers free withdrawals twice per calendar month to Credit Cards for everyone!

Since we did the first review the minimum deposit has been lowered to 250$/€ (from 500) which is now normal. And as I mentioned above, this will give you access to an unlimited demo account and all the features of the platform. Taking a look at their terms and conditions, they seem transparent when it comes to providing information in all areas. As an example, the bonus terms require a turnover of only 20 times the deposit + bonus which is very low considering most brokers set the limit to 40x or 50x times the deposit. However, you cannot withdraw your deposit until the volume is reached, which is clearly stated under the bonus policy.

Update 2020: Despite the goodies mentioned above, we cannot recommend signing up with RBOptions. They should be considered closed due to low traffic and they do not seem reliable due to so many regulatory warnings – even in places they claim to have offices in. Also, notice that the broker is not maintaining the website anymore, the daily market review page has not been updated for almost a year! I can’t find a live chat either and no phone numbers to call. These are signs of a closed broker.

RBOptions Complaints

Searching online, we quickly found many scam reports which are further confirmed by multiple authorities as RBOptions has been soliciting clients in various countries without authorization. You can also find them reoccurring in our “scam watch” articles but you can also find complaints below in the comment section.

RBOptions Regulatory Announcements and Warnings

27.09.2020: The Canadian OSC warns Zulutoys and RBOptions and orders them to cease operations. Source: OSC.gov.on.ca

12.07.2020: The South African FSB warns against doing business with RBOptions. Source: FSB.co.za

09.06.2020: Australian ASIC warns investors about dealing with RBOptions which also claim to have an office in Australia. Source: ASIC.gov.au

28.04.2020: Canadian Saskatchewan authority, FCAA, fines and warns Zulutoys ltd and RBOptions for solicitation of clients in the region. Source: FCAA.gov.sk.ca

18.04.2020: FSMA in Belgium warns investors from dealing with Zulutoys ltd and RBOptions. Source: FSMA.be

RBOptions Bonuses

RBOptions offers bonuses from 25% up to 150% depending on your account. You have to generate a volume of 20 x (Bonus + Initial deposit) to meet the terms and conditions of the bonus before you can withdraw your funds. Since RBOptions allows you to cancel your trades before expiry no canceled trade can be counted as trading volume!

RBOptions Withdrawals

Withdrawals are processed within 3 business days but it could take additional 3-4 bank days before they show up in your bank account. For anyone with a VIP account; using the Money-Booker Skrill to withdraw, you are guaranteed to receive your funds within 24 hours if your request was submitted by 10am GMT. The minimum withdrawal size is 100 Dollars or Euro. You get two free withdrawals every calendar month and after that, additional withdrawals will cost 30$. RBOptions (like any other broker) requires proof of identification and residence before allowing any withdrawals because of their compliance with regulatory anti-money-laundering laws.

RBOptions Ratings

User Friendliness 15/20

Everything on the website and the platform is well categorized. You have easy access to support, education, market analysis and the trading platform is easy to use. The colors are nice and comfortable to look at. Edit; you can now choose one of the following languages: English, German, Arabic and Russian.

Update 2020: The daily market review is almost a year old, there is no company info and not much in terms of education.

No. of Assets and Expiry time 17/20

The asset list and expiries are really good. Assets include forex, indices, stocks and commodities with over 100 choices. There are; 41 stocks, 21 currencies, 8 commodities and 26 indices. Expiry ranges from 30 second to 6 months depending on asset being traded. This platform also supports many additional tools such as: cfd, forex, one touch and SpotFollow.

Commissions, Support and Effective Return 11/20

RBOptions does not charge the first two withdrawals of each calendar month but additional withdrawals will cost 30$. There are no fees or commissions for buying options. They claim their support is live 24/7 and offer live chat. I tried it but I never got anyone to chat with. It was during the holidays, but hey, 24/7 means even holidays! On the plus side, the support was addressing the complaining clients on various forums and websites to sort out problems. Finally, moving on to the returns. They are quite high, up to 88% and 80-85% for the major currencies. Update 2020: There no longer is a live chat available, nor is there even an offline chat for leaving messages nor any phone support! You can only email if you wish to contact RBOptions.

Deposit, Payment and Bonus 16/20

Minimum deposit is 250 Dollars which is the typical minimum amount for most brokers. You can deposit via Skrill, CC, Debit Cards and wire transfer which is a real plus. Same goes for withdrawals but using Skrill and holding a Gold Account or higher means you can withdraw within 24 hours! Bonuses require you to generate a volume of 20 times the (bonus + initial deposit) and range from 25% up to 150% depending on your VIP account.

Website Extra’s 12/20

VIP accounts, signals, webinars, one touch options and option builder are a few special services that RBOptions offers. The most important tool is the cancellation feature but you can only use it once in while without getting cut off from trading. Early closure and rollover are also avaliable, as are CFD, forex, one touch and SpotFollow trading.

RBOptions Overall Ratings : 73/100

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