GTOptions has been operating since 2011 but up to now they haven’t been able to meet most of the binary industry requirements. So is this broker legit or is GTOptions a Scam?

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We have made a short review of GTOptions and found out that they scored lower than other brokers on Google Trends. As an alternative we have selected the Top Binary Brokers along with unbiased reviews of their safety and trading features.

We cannot guarantee that GTOptions will meet your expectations so we advise you to Proceed to Safety OR choose one of the recommended Binary Options Brokers:

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GToptions Review

The GToptions broker has been in binary industry for a couple of years and the company claims to offer a very user friendly platform for both the experienced and novice traders. The company seems to be making extra efforts for the benefit of their customers by offering training. The SpotOption software utilized by the company makes it very easy to trade and it offers standard types of trading options for their customers. We cannot assure you that the broker’s operations are flawless so we recommend you to choose from Top10BinaryRobots.com approved brokers.
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GToptions Deposit and Withdrawal Methods

The minimum deposit for the broker is $250 and it can be deposited in any type of cards like Visa, Moneybookers and Mastercard or wire transfer. The wire transfers comprises of an additional value of $25. These features are not at all exclusive to GToptions trading platform and can be availed from all other trading platforms. There is a minimum limit for withdrawals which is 100 USD, and the withdrawal process takes 3 days to be processed. It is also to be noted here that for Mini and Standard account holders, only the first withdrawal is free, and all further withdrawals carry a transaction fee.

GToptions Promotions

Considering the promotional features, while opening a new account a trader is promised to get 50% cash back, but you need to know that the bonus can be availed on a deposit of $5,000. However the trader is expected to make trades that is equivalent to 30 times the combined value of Deposit & Bonus to actually avail this offer. We are suspicious about this offer since this seems like a way of forcing the trader to make high volume trades.

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The other special offers include commission-free trading, quality resources of training, special VIP services, complementary private dealer and daily market reviews. These features are really nice, but since they have not been established for a long period of time, it is not sure whether these offers will be legitimate after the registration or not.

GToptions Demo

For making the trading platform convenient for you, the demo account is provided and it offers all the features and trading options for a novice trader.  The company claims to offer you a real time trading experience with the demo account. The asset index, bonus options, instant cash back features, all will be obtained within the demo account.

However the demo account can only be availed after opening a real trading account, which is not clearly mentioned by the broker. You shall be able to formulate trading strategies, but it is better to make sure that there are no hidden clauses before registering a new account.

GToptions Scam

Though the broker is offering a lot of features and trading options, one of the major issues with the GToptions is that this one is not regulated. So we cannot assure you that you will never have any problems with this broker. They cannot be said to be a complete scam and the company also claims to avail the regulation very soon, but we prefer you to choose a reliable and regulated broker for depositing money. There has also been certain issue which depicts that even after two years of their establishment; they are not able to gain a regulation yet.

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GToptions Complaints

It is a fact that GToptions has a lot of unsatisfied clients who are not satisfied with the bonus offers because the bonus amounts are sometimes withheld by the company demanding hidden clauses and regulations. Also it has been reported that the customer care services are not at all up to the mark and some of the times the executives are not available for discussing the problems. We did not find any direct proof of these claims, still we advise our traders to be cautious.

Conclusion

During our full investigation we checked all the services and features that GTOptions provides its traders. We outlined the most important information about GTOptions in this review and the general conclusion is that there are more reliable brokers than GTOptions with better reputation and higher overall score. Although there is no hard evidence that GTOptions 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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