Score

1.58 /10
Danger

OptionBit Trading

United Kingdom

5-10 years

Suspicious Regulatory License

Global Business

High potential risk

AAA

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Comparison

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Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.52

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Danger

ID BAPPEBTI
2022-02-02
Ministry of Trade Blocks 1,222 Illegal Commodity Futures Trading Websites
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Broker Information

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Company Name

OptionBit Trading

Company Abbreviation

OptionBit Trading

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 2
Previous Detection : 2026-04-08
  • This broker lacks valid forex regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

OptionBit Trading · Company summary
OptionBit Review Summary
Founded2006
Registered Country/RegionUnited States
RegulationNo regulation
Trading ProductBinary options
Demo Account
Trading PlatformOptionBit
Minumum Deposit/
Customer Support/

OptionBit Information

OptionBit is an unregulated broker, specializing in binary options trading on OptionBit trading platform.

OptionBit's homepage

Pros and Cons

Pros Cons
Demo accountsNo regulation
No contact channels
Unclear fee structure
No info on deposit and withdrawal

Is OptionBit Legit?

No. OptionBit currently has no valid regulations. Please be aware of the risk!

No license
Domain information

What Can I Trade on OptionBit?

Trading ProductsSupported
Binary Options
Forex
Commodities
Indices
Stocks
Cryptocurrencies
Bonds
ETFs

What Can I Trade on OptionBit?

Trading Platform

Trading PlatformSupported Available Devices
OptionBitDesktop, mobile
Trading Platform 1
Trading Platform 2

User Reviews

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User comment

1

Comments

Write a review

FX1460060839
more than one year
Their trading platform is so unstable it's basically unusable, and the spreads are ridiculously high. To top it off, their customer service is completely unprofessional and unhelpful. Honestly, I wish this platform would just disappear - it's not worth the frustration and headaches it causes. Avoid this OptionBit.
Their trading platform is so unstable it's basically unusable, and the spreads are ridiculously high. To top it off, their customer service is completely unprofessional and unhelpful. Honestly, I wish this platform would just disappear - it's not worth the frustration and headaches it causes. Avoid this OptionBit.
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2023-03-30 11:02
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