HotOption was a binary options trading broker. They are offering $1 trades on their custom trading platform for Turbo binary options trading.
In order to prepare this review for HotOption, we tried their trading platform. We found that they’re using a custom platform that is simple and user-friendly. It has a variety of currency pairs to trade, with potential profits of up to 90% for successful trades.
This broker only has Turbo options, which are short term trades with expiry times from 1 minute, up to 5 minutes, at 1 minute intervals. However, here trades can be placed for as low as $1.
Auto Trading Robots
Everyday we hear about another “new system” that can auto-trade on your behalf, and make lots of easy money. However, we already know that they are scams!
If you want a real Auto-trade robot, then use one that lets you choose your broker and set the controls like these robots.
By reading a brokers Terms & Conditions policies very carefully before opening an account, you can save yourself from much aggravation and financial loss. Find out more about this by reading the common customer complaints in our forum.
HotOption offers a free Demo account, and to activate a real account one only needs to deposit $1.
This broker accepts payments with Credit Cards and E-wallets like, Webmoney, Neteller, FasaPay. Additionally, they are conected with Indonesian banks (BCA, Mandiri, BNI, BRI, OCBC NISP) and Thai banks (KTB, KBK, SCB).
Their website is available many languages including English, ไทย, Bahasa Indonesia, Português, Español, Arabic, Chinese and more.
If you want to know if a broker is a scam or not, look for a regulatory license. A legitimate broker will have a license from their government’s financial regulator. For example, CySEC of Cyprus, ASIC in Australia, and MAS in Singapore give licenses to brokers who are in compliance with their regulations.
HotOption is operated by a company named: FBS MARKETS INC. Their address is at: Suite 5, Garden City Plaza, Mountain View Boulevard, Belmopan, Belize.
Email: [email protected] | Website: www.HotOption.com
Since there are over 240 active brokers currently in operation, it pays to have a look at these other popular brokers. Maybe you’ll find one that you’ll feel more comfortable trading with.