FxOptionPro review – Is fxoptionpro.com scam or safe?

FxOptionPro review – Is fxoptionpro.com scam or safe?

Beware! FxOptionPro is an offshore broker! Your investment may be at risk.


FxOptionPro Key Facts

🔴 FxOptionPro offers suspicious products and services. A scam sign!

🔴 FxOptionPro hides basic information about their business. Red flag!

🔴 FxOptionPro has no license to act as an investment provider. Red flag!

🔴 FxOptionPro is a recently registered website. A disturbing sign!

FxOptionPro products and services

FxOptionPro offers Bitcoin investments but doesn't specify anything about their services. They claim to be the best choice when it comes to acquiring and investing digital coins. They apparently create high expectations speculating with Bitcoins.

People should always be cautious when dealing with businesses offering enormously high yields because it's scammers' trait to promise big and create unrealistic expectations. In reality, regulated financial companies cannot secure more than a few percents annually with their fixed-income products. There is a huge discrepancy between these offers and the regulated companies standards. Judging by the products and services they sell, we suspect it's a scam, so beware.

FxOptionPro company and regulation

FxOptionPro doesn't provide with sufficient information about the company running this investment programme. Our research showed that there is no licensed entity associated with this scheme. However, their claims to have a market cap of almost 200 billion USD makes it a highly suspicious enterprise. We believe it's a scam, and we urge traders and investors to rely on regulated businesses only. Read on to find out why.

The US financial services regulation is very complex in the USA. Derivatives markets regulation is a responsibility of CFTC and NFA. Forex brokers and most of the investments companies have to be NFA members and CFTC registered to operate in the USA. On the other hand, securities markets are controlled by the SEC, a government independent agency responsible to maintain the integrity of the financial markets.

While SEC focuses more on the procedure regulation insisting on financial reports and management discussion and analysis, NFA and CFTC impose pretty straightforward requirements. To become authorised the companies have to provide 20 million USD in paid-up capital, which is considered a guarantee that the businesses can survive in turbulent times and pay whenever they have to. 

Other customer protection measures include clients’ accounts segregation and leverage restrictions for forex brokers- 1:50. Also, CFTC brokers’ clients are not allowed hedging, which is one of the very unique US features. Unfortunately, the cryptocurrencies regulation is still inept, so traders and investors should be wary when dealing with crypto offers.

FxOptionPro address and contacts

FxOptionPro doesn't reveal their address but only claim to reside in Oklahoma, USA. Their contact number is +1 (626) 416-4496, a phone clear of spam reports or similar problems. Our research showed it's a highly non-transparent investment provider, so beware.

Transparency is crucial when talking about brokers and investment companies, and it's part of the regulatory framework. The regulated companies are open to financial authorities following certain transparency rules, so it's generally unlikely to conduct fraudulent activities. They are also bound to provide the public with crucial information about themselves, making it easy for traders and investors to confirm the company's legitimacy.

Fxoptionpro.com website info

Fxoptionpro.com is a domain name registered on 21th of February 2020, so it's just a year old at the time of writing. The age refutes their claims to be a recognised business.

It's registered on Netherlands IP address: co-hosting 75 websites at the time of writing. Most of the domains are linked to companies offering investment schemes.

Alexa doesn't even rank them, so it’s a highly unpopular website people do not trust. The Alexa ranking isn’t a key determinant, but the lack of popularity isn’t a good sign whatsoever.

Fxoptionpro.com uses privacy protection services to hide the ownership of the website. The latest trend in the privacy policy around the world denies it should be a problem but considering it's an investment service, we might as well consider this a disturbing sign.

Here are other shady investment schemes based on the same IP:

FxOptionProBallena Capitals
XoTradeFxEra TradeFx
FX Cloud Vest

Scam warning

We paid utmost attention to the regulation and transparency in the sections above because it’s mandatory for trading and investments. Pretty much each company offering financial services have to be authorised by the local financial authority. 

However, some entities operate unlicensed and intentionally run investment fraud. It would be best if you only dealt with companies authorised by the regulators, so always check to make sure they are. Bear in mind that if you trade with unauthorised businesses, you won’t be protected, so it’s very likely to suffer losses almost impossible to recover if things go wrong.

Online scam is trending nowadays with fraudulent websites popping up literally every day. The financial authorities increase the number of warnings issued year after year, but the dangers are still out there and growing exponentially. You’ll realise the hazards when you consider OneCoin scam- it’s still impossible to calculate the total loss, but it’s regarded as 15 billion worth fraud. Make sure to trade with licensed and regulated companies to avoid off-putting losses.

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