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Block Option Spreads, leverage, minimum deposit Revealed

WikiFX | 2021-12-22 16:08

Abstract:Block Option is a newly established broker registered in the United Kingdom, with its office address, the company behind it and contact methods not disclosed to all. Since its official website cannot be opened, we can tell that this broker probably closed its business, or changed its name then running away.

  General Information

  Block Option is a newly established broker registered in the United Kingdom, with its office address, the company behind it and contact methods not disclosed to all. Since its official website cannot be opened, we can tell that this broker probably closed its business, or changed its name then running away.

  Regulation

  Block Option claims that it is authorized and regulated by NFA with regulatory license number 0541195. However, this NFA license is verified to be a clone one. The following detail tells us Block Option is posing as a legit broker to scam traders.

image.png

  Official Website Unavailable

  Since Block Options official website cannot be accessible at this moment, we can only pick up some related information from other broker-reviewing websites to get a rough idea of this broker.

  Market Instruments

  Tradable financial instruments available on the Block Option platform include forex currency pairs, binary options, as well as some crypto currencies.

  Minimum Deposit

  In terms of minimum deposit, Block Option does not make this part clear. And we cannot find related information anywhere. In most cases, legit brokers requires traders to fund around $100 or equivalent amount to start real trading.

  Trading Platform Available

  What Block Option offers its traders is not the MT4 or MT5 trading platform, and Block Option does not make this part clear. We cannot find related information anywhere on the internet.

  Deposit & Withdrawal

  Block Option is also a missing part, and we have no idea what payment methods it supports. In most cases, most brokers allow their traders to fund their accounts through Visa, MasterCard, Wire Transfer as well as Skrill and Neteller.

  Customer Support

  No channels found to get in touch with this company, even basic telephone number or an email address, which is a red flag. Registered Address: 27 Old Gloucester Street

  London, WC1N 3AX.

Related broker

No Regulation
Block Option
Company name:Block Option
Score
1.48
Website:https://blockoption.io/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.48

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