Trading Option/tradingoption.org has been flagged by Financial Conduct Authority 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.
The platform itself is okay, but the customer service at Trading Option/tradingoption.org 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: Intuitive for beginners|Two-factor authentication|Market news feed
Cons: Spreads widen during volatile periods|No phone support on weekends
I wanted to transfer my portfolio from another broker to Trading Option/tradingoption.org. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Low minimum deposit|Fast deposits
Cons: Slow to add new assets
I lost a significant amount because Trading Option/tradingoption.org 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: Competitive fees|Demo account available
Cons: Website design could be more modern
Trading Option/tradingoption.org 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: Fast support response|Dedicated account manager|Great customer service|Tax reports included
Cons: Slow to add new assets|Would like more payment methods
I want to warn everyone about Trading Option/tradingoption.org. They have been flagged by Financial Conduct Authority as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Pros: Initially responsive customer service
Cons: Lost entire investment|Reported to authorities|Unresponsive
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Trading Option/tradingoption.org recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Market news feed|Excellent charting|Fast execution
Cons: Would like more payment methods
The platform at Trading Option/tradingoption.org is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for nearly two years of dealing with this, I have had enough.
Pros: Portfolio tracking tools|Multi-currency support|Regular updates
Cons: Limited social trading features
I was about to invest with Trading Option/tradingoption.org but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Financial Conduct Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Pros: Website looks legitimate on the surface
Cons: Unauthorized firm|Found in IOSCO warnings database
After using Trading Option/tradingoption.org since the beginning of the year, 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: Educational resources|Dedicated account manager|Clean UI|Transparent fees
Cons: Charting tools need more indicators|Wish they had more educational resources