Along with the emergence of the binary options trading industry on the market is the rise of binary options scam and fraud issues that plague the digital options broker sites, including those that provide seamless and secure trading for every investor. These negative issues have alarmed all traders given that it’s their investments that are placed on the line. Even the leader in trading binary options, Option Bit, has suffered from these ill-motived allegations that only stain the company’s clean image.
We understand the cause of panic among our traders, that’s why we have provided a guideline to help you identify whether a trading brokerage is a fraud. In line with this, we give you evidences proving that the OptionBit scam issue is false.
Questionable and problematic trading platform
The trading platform is integral for every binary options broker especially that it serves as the gateway for investors to participate in market trades. As such, you should always check a broker’s trading platform first to see whether it’s easy to use, simple, and professional before investing. Most trading brokerages offer a OptionBit demo account. Take advantage of this feature to navigate through the available trading options, and spot any hint of problems and issues during sessions. If your experience with the platform is dismal, then chances are it’s a scam.
A walkthrough in our trading platform will automatically disprove the Option Bit scam issue, because we have a reliable, user-friendly, and technologically advanced platform powered by TradoLogic. We also have demo account for you to experience our simple and professional platform beforehand.
Unavailable customer support
It’s inevitable for traders not to have queries regarding trading or their accounts, that’s why it’s important to maintain a pleasant client-specialist relationship. However, broker sites whose customer support team is unreachable through phone, chat, and email should already be tagged as suspicious. After all, customer satisfaction should be prioritized by every binary options broker if it wants to succeed in the industry. But if customer support is nonexistent, then it’s advised not to invest.
With Option Bit, we have a reliable and skilled customer support team available 10 hours a day from Monday to Friday. We also have highly skilled market experts that serve as our clients’ personal account managers who provide quality market insights. We even provide video tutorials and one-on-one trainings to give better assistance to our amateur and professional investors.
Delayed banking transactions
Another way to spot a fraudulent broker site is through its banking methods, especially withdrawal. Some binary options brokers would let investors trade assets but would delay or, worse, hold the withdrawal process. This should be noted by all traders, because your money is at big risk with brokerages that don’t allow you to cash out.
Fortunately at Option Bit, we have hassle-free deposit and withdrawal processes. We accept deposits through credit cards, wire transfer, and e-wallets like Skrill and Neteller, while your withdrawals are processed 24 hours from request and delivered to you in certain number of days depending on your type of account. These seamless OptionBit banking methods already show that the OptionBit scam issue is baseless and untrue.