247 Options Trade promises to generate significant and stable results in order to meet the expectations of its clients. But is this broker a Scam or Not?

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It is no coincidence that this broker is not recommended by many traders. This is the reason why we doubt that you will make the right choice if you choose to open an account with 247 Options Trade.

There are traders who are not satisfied with the services of 247 Options Trade so we suggest you to Proceed to Safety OR to choose from the Top Safety Brokers, listed in the table below:

TOP 3 SAFE BROKERS

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Full Review

247 Options Trade is a private investment firm that claims to offer a wide range of services to online investors. Some of its services include cryptocurrency earnings, crypto assets management, cryptocurrency exchange, bitcoin mining and other asset management services.

They say that they have developed a trading system which allows them to achieve high success rates. Basically, if you are an investor, you can join this firm and they will manage your funds on your behalf and give you huge returns on your investments.

The ability to earn without doing anything and let someone else manage your funds on your behalf sounds great. But does this really happen in the real world? Does 247 Options Trade genuinely care about the needs of its investors? Let’s find out in this detailed review about 247 Options Trade.

How to Use?

The website of 247 Options Trade, its layout and design look very professional. But, we noticed that it lacks some very important information. When it comes to making investments online, investors want to know how exactly the particular program works, the risks attached, what they are expected to do and so on. But with 247 Options Trade, essential details are missing.

The investment platform claims to offer professional investment solutions. According to them, they have a team of experienced traders who specialize in buying and selling of stocks, indices, commodities, forex and cryptocurrencies. They want traders to join them and take advantage of the membership plans they have on offer. They also claim that they have an unbeatable success rate and since their professionals work 24/7, traders are guaranteed to earn substantially.

To use the platform, traders can choose from their membership plans, make the required deposit and let the professionals take care of the trading process. Unlike an automated trading tool where trades are performed by the software, here real traders scan the markets, search for opportunities and execute trades on behalf of its members. Traders are only required to invest with them.

Although the opportunity sounds great, there is no evidence that the investment firm is genuine. After traders put funds in their accounts, the amount will be used by the team as they want. Traders will basically have no control over how the funds are used. This kind of investment program certainly poses significant risks.

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How To Get Started?

To get started, investors can choose from various types of membership plans. Here’s a look at what they include:

  • Bronze – requires traders to make an investment of $500 with an expected return of up to 200%.
  • Silver – with a deposit of $1000, returns of up to 400% can be achieved.
  • Gold – starts with $5000 deposit and offers unlimited earning potential.
  • Platinum – starts with $10,000 and in addition to unlimited earning potential, the plan comes with additional benefits.

The programs and plans may look unique, but they are actually not. We do not advice traders to invest in any of these plans from 247 Options Trade. This is just a clever way to appear different from the rest of the scams currently flooding the market and make traders deposit funds with an untrusted company.

Is 247 Options Trade A Scam Or A Legit Investment Platform?

During our investigation, we came across several red flags and scam elements on the basis of which can confirm that 247 is not a legitimate investment platform.

One of the most disturbing things about this platform is that it has an invalid address. The address they have mentioned on their website to make themselves look genuine doesn’t exist. It is an incorrect address which is not related to this platform.

Another thing is that they claim to be regulated, but in fact they are not. They don’t have licenses which means that the certificate they have displayed on their website is fake. 247 Trades Option is not regulated by CySEC or FSC. The claims made by the claim is false and therefore there is no guarantee that they conduct business ethically and professionally.

There are several testimonials on their website as well. According to those investors, 247 Options Trade is a real deal that has helped them find the perfect investment solution for their needs. none of the accounts of those investors can be verified. Shockingly, stock images have been used make the testimonials look genuine.

Minimum Deposit § Withdrawal

The minimum deposit amount is $500 which is way too much for a platform that lacks credibility and trust. The payment options include Master Card, Visa, Perfect Money, MoneyGram, Bitcoin, Western Union and Skrill. They state that withdrawals are swift and hassle free, but the truth is that investors are unable to get access to their funds when they want to make a withdrawal.

The investment platform is bogus and has been designed to steal funds from investors. It will make investors lose their funds which leaves them with no options to make withdrawals.

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Customer Support

Customer support service is available and the representatives are available via phone, email and live chat as well. But the motive of the company is to get people to make investments with them. They are quick to respond to investors who are looking to join the platform. However, when someone has an issue related to funds or withdrawals, they are unwilling to help or provide a resolution.

Final Words

247 Options Trade is not a viable option for investing in cryptocurrencies or other financial assets. The platform is not legit and we don’t advise traders to invest with it. There are better alternatives available for traders who are new to this industry. 247 Options Trade is a scam and joining the platform could be a risk endeavor.

Conclusion

During our full investigation we checked all the services and features that 247 Options Trade provides its traders. We outlined the most important information about 247 Options Trade in this review and the general conclusion is that there are more reliable brokers than 247 Options Trade with better reputation and higher overall score. Although there is no hard evidence that 247 Options Trade is scam, we can neither confirm its safety nor legitimacy.

We strongly advise you to Proceed to Safety – with the highest reputation Forex broker, which was selected on the basis of the best performance results during our independent testing.

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