RBOptions promises high payouts and a world-class trading assistance. Although they claim to provide a quick and easy way to make money with binary options, we are questioning – is RBOptions legit or is it a scam?

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The results of our investigation and the low rank in Google Trends (see the graph below) confirmed some of the negative comments about RBOptions found online. As an alternative we at Top10BinaryRobots.com have made a list of the Top Risk-Free Binary Brokers.

We are not able to confirm that RBOptions is reliable and trustworthy and would recommend to either – Proceed to Safety OR Choose one the safe and secure Binary Options Brokers:

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RBOptions Full Scam Investigation

RBOptions is a binary options broker, based in Canada, launched in 2013, and it is focused mainly on the International financial market with binary options trading. RBOptions can offer 4 levels of accounts, minimum account opening balance is $250, minimum trade size – $5, and the payouts can range from 88% up to 500%. This broker offers a welcome bonuses from 25% to 150%, depending on the account level and according to the special conditions that are mentioned in our investigation.

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Other promising benefits and features are claimed on their website that can increase the trading experience of every trader – from $250 traders to over $100,000 VIP clients that even requiring guidance and support.

RBOptions Platform

The platform used by the RBOptions is SpotOption. It doesn’t require any downloads. There is also a mobile app available for those who want to trade on the go using their smart devices. The platform is quite easy, simple and user-friendly, meaning that even traders with no previous experience can quickly understand how to manage its operations and features.

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RBOptions Withdrawal

RBOptions has a several deposit and withdrawal methods. You can use Credit/Debit cards, Skrill (Moneybookers), or bank wire. You have to verify your account in order to make a withdrawal, by sending an ID document and an utility bill with your address on it. This is pretty standard with all brokers. They state that they have “Same day withdrawals”, however this only applies if you have an account above $2500. Otherwise the broker needs to approve your withdrawal request within 3 business days, and then it takes up to 7 business days for you to have the funds in your card or in your bank account. Also, you should note that there is a 100 USD or EUR minimum withdrawal amount that you can make.

RBOptions Scam

One thing that is very suspicious about this broker is that the company is registered in Marshall Islands, which means they are not regulated. There are several complaints on the internet from traders about RBOptions, and they are all related to the same things: withdrawal problems, customer service not being helpful, not receiving bonuses, etc. We can never be sure that these complaints are 100% legitimate, however it’s best to use caution and we recommend signing up with a safe and secure broker.

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Is RBOptions legit?

Before signing up with RBOptions, keep in mind that they are not licensed and regulated by CySEC and are not registered with any other EU financial regulatory institution.

Another thing that caught our attention is that on their site they have 2 Awards, “2013 Best Customer Service” and “2013 Best Binary Education Program”, however it doesn’t say anywhere who gave these awards and what was the criteria to win them.

RBOptions Bonuses

RBOptions offers clients four different account types to choose from- the Silver account, the Gold account, the Broker account and the VIP account. However, the broker can be criticized that most of its strong features are only available to those clients who are willing and able to commit large sums of money in their trading account.

  • Silver Account – if you deposit $250-$5,000 – bonus is 25%.
  • Gold Account – if you deposit $5,000-$25,000 – the bonus is 50%, plus up to $2,500 in rewards
  • Broker Account – if you deposit $25,000-$250,000 – the bonus is 100%, plus up to $25,000 in rewards
  • VIP Account – if you deposit $250,000+ – the bonus is up to 150%, plus up to $50,000 prizes.

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Please note that like the special terms and conditions that apply with any other broker, RBOptions has no difference if you accept a bonus from them. In order to succeed in withdrawing your funds you will have to trade 30 times the bonus amount plus your initial deposit. It’s interesting to note that RBOptions organizes a lot of contests with Apple giveaways, however the terms and conditions to these contests have many restrictions which the trader has to follow, so it’s best to read them these terms carefully and see if it’s worth it. Their latest offer is for those who can invest $3,500 and higher – they are supposed to receive a $250 gift voucher from Alibaba.com. What we always advice new traders to do is carefully read the broker’s terms and conditions, before accepting any bonuses and gifts.

Even though RBOptions has an impressive range of bonus features and has obtained multiple awards for their customer support, our trading team couldn’t achieve the profit targets that we usually meet and exceed with our top safe brokers. After opening an account with RBOptions we had a satisfactory experience, but we still can’t confirm that RBOptions is not a scam and that their system works properly.

Conclusion

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