BeeOptions is a binary options broker who claims to provide its clients with secure trading, unique features and the highest payouts. But is BeeOptions really Trustworthy OR is it a Scam?

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Our team of professional investigators find out some disturbing facts about BeeOptions. This unregulated broker failed to get high results during our testing and it does not rank high in Google Trends. So as an alternative we have selected the Top Safe Binary Brokers, providing you with detailed and full reviews.

Since there wasn’t enough significant data to analyse, our team cannot guarantee you that BeeOptions is safe enough to invest in opening an account. You are given the opportunity to Proceed to Safety OR Choose one of the Top10BinaryRobots.com approved Binary Options Brokers:

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BeeOptions Review

Established in the year 2008, the BeeOptions broker has been in the binary options trading industry for a long period of time. In the present times, this broker claims to offer the simplest way for trading in the binary markets providing a dependable and safe environment.

But this cannot be said with complete accuracy since the company has not been able to grant certain proofs and guarantee that the trading environment and systems are completely hassle-free. They use the SpotOption platform which is said to be one of the easiest to use, but this is actually not such a unique feature as many other reputed brokers are operating on the same platform.

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BeeOptions Promotions

Considering the promotional offers for opening a BeeOptions trading account, you need to know that the company gives a chance to win a luxurious time piece on deposits of $2500; and also with a deposit of $1000 you shall receive a bonus of 250%, but only on the weekends. On sharing this trading platform with your friends, you get an amount of $50 cash.

Even on deposits of $500, you get 2 absolutely risk-free trades. These offers seem to be really tempting for the newer traders, but we would recommend you to make proper researches, since there are additional clauses that are attached with the them. Note that traders who are given a bonus by BeeOptions may not be able to withdraw their funds unless they trade 30 times the bonus amount. This is an important requirement that can cause withdrawal problems with BeeOptions.

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BeeOptions Deposit and Withdrawal Methods

The deposit method includes the usage of debit/credit cards like MasterCard or Visa. Customers can also make use of the e-wallets like MoneyBookers or Netteller for depositing the money. Considering the withdrawals this can be done by just clicking one button and funds are received within 3 business days mostly. But those looking for wire withdrawals have to choose a minimum of $200 withdrawal amount, which might put off some traders. It is also a fact that often a few binary options trading platforms might take more than 3 days for the withdrawal process.

We personally did not get the chance to test out the withdrawal time, so you are asked to be careful about it.

BeeOptions Demo

demoAlthough BeeOptions does offer a demo account, we can’t verify if it is completely free for the traders. As a trader you will have to open your account by funding real cash first and then you get a chance to try out the demo account. We believe this is a huge deal for many brokers.

The company claims that the demo is fully functional for the traders who want to try out the different features. It is claimed to be funded with trading cash to offer the traders a real time experience without risking their real money. The company offers all assets like currencies and stocks and even the 60 seconds trading can be opted. But not offering a truly “free” demo account is a downer.

BeeOptions Scam

There has been no direct evidence indicating BeeOptions to be scam, so this cannot be said for sure. When signing up with any broker, you first need to check whether it has a verified physical address. However in case of BeeOptions, we could not find their physical address; and all we found were various phone numbers of different countries. We must also point out that BeeOptions is not a regulated broker. As a company formed to help out other traders, we truly believe in recommending such brokers who are regulated by any financial body, as it is a sign of trust and reliability.

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The company has also been struggling with the option builder tool which offers the assets for trading but when it comes to the expiry time a message appears portraying that it is invalid. It was reported by many traders and not a one-off instance. So we request you to be vigilant.

BeeOptions Complaints

Considering the direct complaints, there have been certain issues with some traders regarding the 60 seconds option. Though we are not sure about the fault in the process, it is better to make proper research before investing in the broker. Complaints about certain bonus features and withdrawal of money have also been observed. There have been mixed reviews, while a lot of people find this trader OK and satisfactory, some others have complaints regarding the trading features. Thus we cannot absolutely assure and be unbiased towards BeeOptions.

Conclusion

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

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

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