FX Trade Option Limited/FXTradeOptions.com has been flagged by Ontario Securities Commission for "Unregistered/Unlicensed entity offering financial products or services". FX Trade Option Limited/FXTradeOptions.com found at www.fxtradeoptions.com, www.fxtradeoptionsltd.com and www.bestfxtradersoption24.com, are not registered in Ontario to engage in the business of trading in securities. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I lost a significant amount because FX Trade Option Limited/FXTradeOptions.com did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Detailed reporting|Personal attention|Clear documentation
Cons: Some tools only available on higher tiers|Website design could be more modern
This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.
Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction
I invested $25,000 with FX Trade Option Limited/FXTradeOptions.com after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Ontario Securities Commission.
Pros: Initially responsive customer service
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
After seeing ads for FX Trade Option Limited/FXTradeOptions.com online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Ontario Securities Commission. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
Do not use FX Trade Option Limited/FXTradeOptions.com for anything serious. I used them for a couple of months now for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Low minimum deposit|Personal attention|Competitive fees|Risk management tools
Cons: Account statements could be more detailed|Limited cryptocurrency options
The hidden fees at FX Trade Option Limited/FXTradeOptions.com are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Fast execution|Fast support response|Segregated accounts
Cons: Nothing significant
My withdrawal request from FX Trade Option Limited/FXTradeOptions.com has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Easy withdrawals|Fast execution|Automated trading options
Cons: Live chat only during business hours|No phone support on weekends
FX Trade Option Limited/FXTradeOptions.com advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Dedicated account manager|Excellent charting|Professional team|Automated trading options
Cons: Account statements could be more detailed