PlusOption has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: +447874406865, +61291192982
Addresses: 13 Stejarisului StreetSection 4 BucharestRomania; 78 York St London W1H1DPP: This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.plusoption.com.
PlusOption locked my account without warning and demanded documents I had already submitted. for about eight 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: Detailed reporting|Low minimum deposit|Easy to use platform|Regular platform improvements
Cons: Charting tools need more indicators
PlusOption 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: Detailed reporting|API access|Helpful community forum|Two-factor authentication
Cons: No live chat on mobile|Would like more payment methods
I am in a dispute with PlusOption over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Clean UI|Dedicated account manager
Cons: Minor UI glitches occasionally|Could offer more webinars
I opened an account with PlusOption for over a year ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Clear documentation|Clean UI|Transparent fees|Quick verification
Cons: No live chat on mobile|Cannot customize dashboard fully
PlusOption has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Demo account available|Fast execution|Competitive fees
Cons: No crypto staking|Research section could be deeper
What really bothers me about PlusOption is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them from a review site like this one and I fell for the polished exterior. Never again.
Pros: Real-time alerts|Intuitive for beginners|Smooth onboarding
Cons: Charting tools need more indicators
The onboarding at PlusOption was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Copy trading available|Instant funding
Cons: No fractional shares|Onboarding videos are outdated
After since I opened my account last year with PlusOption 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|Clean UI
Cons: No integrated tax optimization|No dark mode on mobile
I had a dispute with PlusOption 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: Dividend tracking|Easy withdrawals
Cons: Email notifications too frequent
The mobile app from PlusOption is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Detailed reporting|Easy to use platform
Cons: No crypto staking|Onboarding videos are outdated