Gemini Option Spreads, leverage, minimum deposit Revealed

WikiFX | 2022-11-04 13:35

Abstract：Gemini Option, a trading name of Gemini Option Ltd, is allegedly a financial services company registered in the United States that claims to provide its clients with four different investment plans.

　　Gemini Option 1354058211

　　Note: Gemini Option is to operate via the website - https://geminioption.com/, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

　　Risk Warning

　　Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

　　General Information & Regulation

Feature	Detail
Regulation	No Regulation
Market Instrument	N/A
Account Type	Silver Plan, Gold Plan, Max Gold Plan and Diamond Plan
Demo Account	N/A
Maximum Leverage	N/A
Spread	N/A
Commission	N/A
Trading Platform	N/A
Minimum Deposit	$500
Deposit & Withdrawal Method	N/A

　　Gemini Option, a trading name of Gemini Option Ltd, is allegedly a financial services company registered in the United States that claims to provide its clients with four different investment plans. Here is the home page of this brokers official site:

　　As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads,trading platforms, etc.

　　As for regulation, it has been verified that Gemini Option currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.32/10. Please be aware of the risk.

　　Investment Plans

　　Gemini Option claims to offer four different investment plans - Silver Plan, Gold Plan, Max Gold Plan and Diamond Plan, with minimum initial deposit requirements of $500, $1,000, $11,000 and $50,000 respectively. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less.

　　Deposit & Withdrawal

　　The minimum initial deposit requirement with Gemini Option is said to be $500. Without access to its official site, we cannot say what kind of payment methods are actually available with the broker.

　　Customer Support

　　Gemini Options customer support can be reached by telephone: +1(845)-393-4231, email: support@geminioption.com. Company address: 211 E 13th St, New York, NY 10009, USA.

　　Pros & Cons

Pros	Cons
• Multiple investment plans offered	• No regulation
	• Website inaccessible
	• HIgh minimum deposit required

　　Frequently Asked Questions (FAQs)

Q 1:	Is Gemini Option regulated？
A 1:	No. It has been verified that Gemini Option currently has no valid regulation.

Q 2:	What is the minimum deposit for Gemini Option？
A 2:	The minimum initial deposit to start a Silver Plan is $500, while $1,000 for the Gold Plan, $11,000 for the Max Gold Plan and $50,000 for the Diamond Plan.

Q 3:	Is Gemini Option a good broker for beginners？
A 3:	No, Gemini Option is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website and too high initial deposit.