2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16
M altaoption is a brokerage company that offers its own bonus program. She offers to get a starting no deposit bonus of $100 for the registration procedure. However, it is quite difficult for users to return the invested funds.
Trading conditions
The broker offers a simple registration procedure on the site, since users only need to fill out a short form with contact and personal data. The system transfers the user to the trading platform immediately after he agrees to the current conditions. In this case, the platform does not require additional confirmations. The work of the site https:\\m altaoption.net has mostly negative reviews, as users talk about its limited number of functions. M altaOption offers market participants the following conditions:
- $25 minimum bid;
- minimum deposit is $200;
- access to quotes: 24 currency pairs, 26 investment assets, precious metals;
- market participants have access to short options;
- total return onopen positions does not exceed 85%;
- no demo account.
The unscrupulous activity of the broker becomes obvious after a cursory glance at the site. The statement that the broker has been operating in the market for 3 years is obviously false. Simple manipulations allow you to see that M altaOption has been on the market since April 2017. Therefore, reviews of the site m altaoption.net say that this is a fraudulent service that was created under the guise of a serious broker.
Reviews about the company
Negative reviews about m altaoption.net indicate that the broker is not distinguished by responsibility and reliability. This is because a reliable broker will not rebrand on a regular basis. As a rule, such organizations work for reputation, so they try to keep the brand at a high level. Reviews about m altaoption.net say that this is an ordinary scam, since this system implies the broker's earnings, and not market participants. Before starting cooperation with any broker, you should familiarize yourself with the availability of a license to carry out this type of activity. The site m altaoption.net contains an unofficial license, which is edited in the Photoshop program. Based on the fact that the company falsifies documents and assigns a license without any reason, it can be concluded that this broker is a scammer.
This organization is cheating its own customerseven in such an elementary matter. The activity of this broker has nothing to do with real trading. Market participants cannot withdraw funds from the deposit due to an inactivated account. To do this, the site administration requires you to deposit money into the account. In other words, in order for a trader to earn $300, he will need to invest $300. This is the essence of the scam from this broker. Therefore, there are many negative reviews about this company, because after entering real money, they cannot be returned back. Also, the broker is blacklisted, so market participants cannot withdraw funds from the account.
Trading platform
Many professional market participants are alarmed by the fact that the platform only works with short-term options. The platform itself is a classic development of a spot option, which is presented in a very truncated form. Traders can trade within 30 seconds or 1-2 minutes.
Many market participants consider this to be the main disadvantage, since short-term options represent the riskiest category. The platform does not provide an opportunity for traders to trade even for 5 minutes. Therefore, the strategies and tactics that are used on binary options are practically inapplicable. There are also positive reviews about m altaoption.net regarding the operation of the platform, as it has a large selection of underlying assets.
Bonuses
Guideclaims that traders can receive a $100 bonus for simply registering on the platform. To do this, just go to your personal account and find a letter with a code. However, it is not possible to withdraw this bonus from the account. Also, the broker is given the mythical opportunity to accrue certain deposit bonuses, the amount of which can reach 100%.
Account Types
The site presents several types of accounts that can be found. Most traders use the Silver account. It includes deposits ranging from $200 to $499. Many traders open their first deposit on this trading account.
However, the platform does not provide market participants with access to educational materials, a manager account and free webinars. Withdrawal payments are subject to a commission of 3%. Therefore, this platform has no advantages, and attractive conditions are just a falsification.
Opinion of traders
Platform reviews are the best way to tell what the company really is. Many market participants note that this organization conducts fraudulent activities. Reviews about m altaoption.net say that the incoming signals do not reflect up-to-date information, as they close with a loss. Many note that the platform slows down when doing work.
Reviews about m altaoption.net say that it is impossible to withdraw funds and even a bonus, since it wasreceived voluntarily. Therefore, until it is worked out, the system will not provide the possibility of withdrawal. Reviews about m altaoption.net indicate that traders do not have the opportunity to contact the support service and the site administration. The main disadvantage is the inconsistency of market charts with the information provided on the site. The broker sets its own quotes, which are impossible to work with.
Summary of conclusions
The analysis carried out allows us to conclude that M alta Option is a deception of potential investors. It is simply impossible to withdraw real money from this resource. Therefore, cooperation with this company can lead to the loss of invested money. Positive feedback about m altaoption.net is left directly by the site administration in order to attract the attention of potential investors.
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