Option Zypharel (optionzypharel.com) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: optionzypharel.com.
The reporting at Option Zypharel (optionzypharel.com) is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Competitive fees|Clear documentation|Easy to use platform
Cons: Alert system is basic|Wish they had more educational resources
After using Option Zypharel (optionzypharel.com) for a couple of months now, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Demo account available|Copy trading available|No hidden fees
Cons: Withdrawal takes 1-2 business days
After for about eight months with Option Zypharel (optionzypharel.com) 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|Easy to use platform|High security standards
Cons: Some tools only available on higher tiers
I closed a profitable position at Option Zypharel (optionzypharel.com) and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Excellent charting|Portfolio tracking tools
Cons: Wait times can be long during peak hours
Do not be fooled by the professional-looking website. Behind the scenes, Option Zypharel (optionzypharel.com) is disorganized and incompetent. I found them from a blog post comparing services and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Low minimum deposit|Fast deposits|Clean UI
Cons: No live chat on mobile|Withdrawal takes 1-2 business days
I have been trying to close my account with Option Zypharel (optionzypharel.com) for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: High security standards|Great customer service|Instant funding
Cons: Wish they had more educational resources
I had a dispute with Option Zypharel (optionzypharel.com) and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Wide product range|Easy to use platform
Cons: No fractional shares