SiamOption Review: Scam or Legit? Siam Option is a binary options broker that offers trading in a huge range of assets spanning commodities, indices, stocks and currencies. They have a registered address at 306 Premier Building, Albert Street, Victoria, Mahe, Republic of Seychelles and they are owned and operated by Barrtoli Management S.A.
SIAMOPTION TRADING PLATFORM
This broker uses a propriety platform for binary options trading.
DEPOSIT AND WITHDRAWAL METHODS
The available methods are Bank Wire transfer, MasterCard, Visa.
Is SiamOption LICENSED?
NO! Siam Option broker is not licensed. Therefore, no regulatory body is acting as a watchdog to oversee that they comply with best practices in the financial market.
SUPPORT
This broker offers support to its traders, they could be reached through phone calls or emails, whichever you prefer.
CONCLUSION
SiamOption is an unregulated broker. This is a source of major concern. When trading forex, binary options or cryptocurrencies we always recommend you use a regulated broker that is licensed to trade financial instruments.
COMPARE WITH A TRUSTED BROKER
Fortrade
Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK which makes client funds safe. They accept traders worldwide..visit their official website
DID YOU KNOW!! Most Autotrading softwares or robots claiming to turn you into a millionaire overnight are SCAMS. If you are in need of a legitimate software or robot that can help you trade profitably, see our recommendation HERE
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