Want to safely trade binary options? Here is another broker that will not help you to do that. Read our full AllDayOption Scam Review and find out why we do not recommend this broker!
Min. Deposit: $250
Trading Platform: SpotOption
US Clients: Not Available
This broker is scam! Sign up with 24options instead!
In the “About Us” section, we did not get anything specific about the activity of this brokerage firm. We discovered that AllDayOption broker website is owned and is being operated by GoldenView Group Ltd. The address stated on the website is Horton House, Exchange Flags, Liverpool UK L2 3PF. However, there is no proof to validate this information.
In terms of regulation, AllDayOption does not have any license. This is a warning sign, especially for the UK company. Generally, the website can be viewed in three languages, i.e. English, Russian and German.
Our AllDayOption review has found out that the broker does not accept US clients.
AllDayOptions Trading Software
Although we do not recommend to trade options at AllDayOption, we would like to share the information about the platform. AllDayOption does not offer the proprietary software, but instead has the well-known SpotOption platform.
The platform provides an access to different types of assets such as currencies, indices, stocks and commodities. The total number of assets is 200 at AllDayOption and it is even possible to speculate on bitcoins. The platform has mobile apps for iPhone, iPad and Android.
However, our AllDayOption.com review informs that this binary broker is a scam and it is quite risky to trade with it.
There are no live account packages and to open a real trading account it is required to make the initial deposit of $250. This is not good, because no one really knows what to expect from the services of this options broker. Hence, we have found many negative AllDayOption reviews that have indicated the very low quality of trading services.
On top of that, AllDayOption does not provide any type of binary options demo account. Thus, beginners do not have an opportunity to start practicing at AllDayOption website.
AllDayOptions Scam Promotions Review
Another pitfall of the broker to consider is the absence of any welcome bonuses. Different promotions always assist in increasing the customer base. However, we have not found any evidence of welcome AllDayOption bonus, though a referral bonus is presented there.
As a weak alternative to the demo account, AllDayOption has developed a sort of education center. When preparing this AllDayOption opinion, we did not discover anything special about educational materials at this broker. The website has just a few articles and a very limited glossary. They promise to offer video tutorials and ebooks, but there are none – even if you are logged in.
All Day Options Scam Funds Withdrawal
To make a withdrawal, you can use various credit/debit cards such as Visa, Maestro, MasterCard and wire transfers. However, there have been a lot of problems with withdrawals at AllDayOption scam website.
AllDayOptions Scam Review Conclusion
We do not recommend to sign up with this options broker. It is better to deal with trusted brokers – better join 24Options!
Open an Account with 24option instead