Safe24Option Broker Review

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Safe24option

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How safe is Safe24Option.com? I’m not to sure, from what I can tell there are some serious red flags you should be aware of. Of course I’m also sure that as an astute binary options trader you wouldn’t fall for some wannabe broker trying to piggy back off of a good broker’s name. If you don’t know what I’m talking about there is a well known and reputable broker called 24Options.com that has no connection to the broker in question here today. I first became aware of Safe24Options when researching a potential signal service provider scam and was shocked to find out that it was in cahoots with the SSP.

Safe24Options Binary Options Platform

This is yet another Spot Option white label. If you don’t know what Spot Option is it is a binary options platform provider that is used by more than 50% of the current on line binary options market. It is one of the best platforms out there, I like it. The thing is though, using a good platform does not mean the broker is any good. The trade screen is super easy to use and displays three assets at one time. Traders can choose between a variety of options types including call/put, OptionBuilder, One Touch, 60 Seconds and the Open Platform.

The Call/put is the standard in binary trading and is known as up/down or high/low on other platforms. The OptionBuilder is a SpotOption feature that allows traders to customize the payout and risk levels for each option. One touch options require only one close above the target level and 60 second options are binary options for ultra short term trading. The Open Platform is a larger chart screen where traders can get a more in depth look at assets they are trading. It is possible to trade directly from the Open Platform.

The asset index is extensive but not as good as most of the top brokers. There are only about 3 dozen stocks, a dozen or so currency pairs, most of the global stock indices and 5 commodities listed. Deposits are super easy, of course, and can be made by credit card, wire transfer and a handful of online wallets. Withdrawals may be another matter. According to the brokers terms of use once documentation is processed it will take up to 10 business days (two weeks) for a withdrawal to process. According to the complaints I have been reading it may take a lot longer and you may not even get your money back.

The bonus is only one of the scams I think this broker is trying to pull off. At first glance the bonus may seem like it’s on the up and up but I wouldn’t count on it. Bonuses are offered on a client by client basis and come with a trading minimum of 30 times each dollar of bonus. There is nothing mentioned of the original deposit so this is a good thing when compared to other bonus offers. The scammy part is that you cannot make any withdrawal once you have accepted a bonus, period. Usually you can withdraw your deposit and forfeit the bonus, this broker specifically says you can not forfeit the bonus or make a withdrawal before the minimum is met.

The other scam I uncovered was the signal service provider Binaryoptions-live-signals.com. This is a supposedly free SSP that provides signals on forex binary options for 60 second trading. The service provides signals during preset global trading sessions that are centered on the openings of the international trading markets. The catch is that the only free part of the signal is the 3 day free trail. You can use any broker you want for the trial but in order to get the full service you have to sign up and deposit with the trusted broker which just happens to be Safe24Options.com. Not only that, to truly get everything the SSP has to offer you must deposit at least $20,000. When I first discovered this SSP I thought it was merely an affiliate scam, I was more than shocked to find out that it was actually being run by the broker itself. I learned this when reading the complaints about withdrawals, the broker’s representatives defended their withdrawal procedures and did not deny their ownership of the signal service.

Safe24Optoins.com Is Not Very Safe

This broker is not very safe. Although based on a well respected platform it does not inspire much confidence in me. As a white label broker it is nothing more than a copy of a much better broker and a pale one at that. Adding to that the potential scams being perpetrated by it only makes me want to say farther away. The use of the SSP to lure innocent traders to blow their money on 60 second options makes me suspicious of their motivations. If the signals are good, and really meant to enhance the lives and experiences of the traders, then why must they hide it behind the screen of another web site?

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Safe24option scam review

Rating:

Have you heard about binary brokers that try to take well recognized name and build their image on it? There are brokers that take only a name and do not build anything on it. Except for bad reputation and debts to their clients. Are you ready for fair Safe24option scam review? Read full article before you get into its hands.

Min. Deposit: $100 Demo: No

Platform: SpotOption Bonus: No

Regulation: N/A US Clients: Yes

DO NOT SIGN UP! Read full Safe24option Scam Review and find out what is waiting for you. SCAM DETECTED!

Safe24option Scam Review: About the Company

Why Safe24option is a scam? Because almost everything on its website looks scammy from the first sight! First of all, this binary options broker gives absolutely no details about its location and regulation. Safe24option scam review had to find this information on our own, by looking into every detail that we were able to found. This broker does not even tell you the size of minimum deposit before you start making it.

What do we know about Safe24option company? We know only a few things. First of all, company is unregulated by any financial authority that can regulate binary options brokers. Furthermore, it freely accepts clients from the USA, as most scams do. And the last thing, Binary Options Hub as well as our users, have absolutely no idea where this broker is located. In addition to that, they call binary options as digital options, which is uncommon for trading, this adds additional negative impression to this scam.

What adds more questions is that the company claims that its name is Safe24option, but in reality, its website has additional “s” on the end. So, it is actually Safe24options but in order to appear in searches for 24option, it decided not to show it anywhere. Don’t you think it looks scammy?

Safe24option Accounts Review

Remember all account offers that are available at the best binary options broker that this one is trying to replicate, 24option? Well, they are not here, do not even try to look for them, you will find nothing! All conditions, offers and commissions are absolutely the same for everybody.

In addition to that, there are no safe24option education or expert advises available. So when you go for trading with this scam binary option broker, first of all, you can loose your deposit even before you start trading and in addition to that, there is zero help with your trading from this broker.

It just does not seems fair, especially since now every broker tries to bring some additional goodies to clients. But scam brokers do not care about customer relations, so it is what it is. Stay away!

Safe24option Trading Conditions

As Binary options Hub told you before, scam brokers tend not to care about differentiation of their Binary Options offers. They prefer basic ones and binary broker Safe24option scam is no different in this way. There are just basic trading types and more to that, as you will see, some of them do not work, which makes everything even more interesting.

  • Binary Options
    Standard Binary Options trading, nothing much different. But, being honest, we would not recommend you to try it with Safe24option. Really, do not ever trade with scams, you will not be able to win.
  • 60 Seconds
    Basically, it is the same type as Binary Options, or Digital Options, as this scam binary options broker prefers to say, with expiration time of 60 or 90 seconds. No difference in anything else was spotted.
  • One Touch
    Once again, it is common type of Binary Options. You just make a decision whether price goes to some particular level or not. If you prediction is correct, you get profit. If you are mistaken, no profit is waiting for you. Timeframes are common for all binary brokers and go from 5 minutes to daily closure.
  • Option Builder
    This is where things with Safe24option scam review started to get pretty interesting. It seems like a nice and fresh type of binary options. But the only problem – it does not work. Yes, there is no possibility to try Option Builder, it will not execute your orders.
  • Open Platform
    This option opens bigger chart of your trading instrument and allows to execute Binary Options there. Basically, it is done for increased possibilities of the asset analysis. But, if you are trading with unreliable binary options broker, we do not believe that you need any kind of analysis.

Safe24option Trading Platform

Once again, this broker tries to copy 24option, but it does not actually works for him this time. Safe24option Scam Broker is using SpotOption as its only available platform. We, Binary Options Hub, love SpotOption, but seriously, it is not the reason to give your money to scam broker.

Furthermore, there are no customizations available. You will not have an opportunity to open multiply assets side-by-side and hedge yourself, no way. As an addition to that, the color scheme used by scam binary options broker is just annoying and we did not like it at all.

Safe24option Scam Deposits and Withdrawals

Save24options scam review, found out that the choice of deposit method of this broker is actually pretty wide. No actual surprise, since such binary brokers will do absolutely anything for your deposit.

You can choose between e-payments, credit cards and bank transfers, but be prepared that initial deposit will be done only via credit card or bank transfer. E-payments should be open to you afterwards, but seriously, do not even think about sending your money to this scam binary option broker, you shouldn’t do it!

Safe24options Customer Support

This scam broker did not even care about getting normal customer support. Do you want live chat? It is not there. Yes, at the time when every reliable binary broker offers live chat, scam binary broker does not. Furthermore, your native language is German? Be ready to talk to support only in English or Spanish, no other languages are available.

Safe24option Account Application

Ready to open account with Safe24option? We will not give you any link to this broker, yes we care about your bankrolls.

But if you actually decide to open an account, it is easy. You just hit big button which says “Open Real Account” and there would be only one step left.

You will have to give your details to this binary options scam in the next window:

After you type in your details and capcha, just press the submit button and you will have an account with this unreliable binary options broker. The next window will ask you to make a deposit, which we strongly recommend you not to do!

Honest Safe24option Scam Review Conclusion

Scam broker that does not even try to look like real broker is easier to expose. Especially if there is nothing said about the company and its marketing tactics are not fair. This is why we suppose that you should never involve yourself into trading with such BO brokers. For every tiny piece of evidence as well as bad customer support Honest Safe24option Scam Review rates this scam with 1.5 stars.

Trade only with trusted brokers! We trust 24option!

RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK

Safe24Options.com Review

June 2020: Website is down. One less binary options broker to worrry about.

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Best Binary Options Brokers 2020:
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