OPTION FOREX TRADERS has been flagged by Comisión Nacional del Mercado de Valores for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
OPTION FOREX TRADERS locked my account without warning and demanded documents I had already submitted. for the past six months later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Clean UI|Regular platform improvements|Instant funding|Fast support response
Cons: No integrated tax optimization|Research section could be deeper
Do not be fooled by the professional-looking website. Behind the scenes, OPTION FOREX TRADERS is disorganized and incompetent. I found them after hearing about them at a conference and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Tax reports included|Easy withdrawals|Helpful community forum|Risk management tools
Cons: Some tools only available on higher tiers
Opened my account with OPTION FOREX TRADERS after a friend recommended them and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Excellent charting|Demo account available
Cons: Inactivity fee applies after 12 months|Onboarding videos are outdated
If you are reading this considering OPTION FOREX TRADERS - run. I wish I had read more negative reviews based on a colleague's recommendation. I thought the positive ones were real. Maybe some are. My experience over since mid-2025 has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Fast deposits|No hidden fees|Fast execution|Low minimum deposit
Cons: Research section could be deeper|Live chat only during business hours
After since I retired last year with OPTION FOREX TRADERS I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Easy withdrawals|Tax reports included|Personal attention|Full transparency
Cons: Withdrawal takes 1-2 business days
The platform itself is okay, but the customer service at OPTION FOREX TRADERS is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Competitive fees|Multiple order types|Smooth onboarding
Cons: Account statements could be more detailed
OPTION FOREX TRADERS 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: Regular updates|Low minimum deposit|Educational resources
Cons: Wish they had more educational resources
After seeing ads for OPTION FOREX TRADERS online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Comisión Nacional del Mercado de Valores. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Pros: Website looks legitimate on the surface
Cons: Unauthorized firm|Found in IOSCO warnings database
Tried to withdraw my funds from OPTION FOREX TRADERS and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Pros: Professional looking website
Cons: Withdrawal fees demanded|Communication cut off|Not authorized