RBOptions was strictly investigated by US. We tested its trading platform and also do online research about it. We found out that RBOptions does not rate well , which shows low popularity among the traders. In order to provide you secure trading we are giving you a list of Top Brokers as an alternative along with their full reviews.
We will continue investigating on RBOptions, but for now we cannot assure you that this broker is safe. You can Proceed to SafetyProceed to Safety OR Choose one of the Top10BinarySignals approved and safe Binary Options Brokers:
Top 3 Brokers April 2017
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Initiated in Canada as a binary options broker in 2010, RBOptions has been in the binary trading business for quite a long time. The firm claims to be the exclusive broker guaranteeing to complete same day withdrawal requests on the same day when customers have their all the documents prepared. However the traders are requested to be cautious as the company asks you to observe a compliance policy which can be checked out on their website. RBOptions offers long term, one touch, binary options for pairs, 60 seconds and also the FX/CFDs. But being an unregulated broker, there is always a hint of suspicion among the traders. So we ask our traders to be cautious.
Considering the promotional offers provided by the RBOptions, you shall be able to receive a 150% bonus on the deposit of $50,000 and also the company offers an Apple Mac book pro which will be shipped to your account address within 7 days. The account with an initial deposit of $5,000 will avail an iPad Mini along with a bonus of 100%. The bonus offers seems to be really appreciable but, as you have to deposit a high amount of $5,000 to $50000, it is better to make proper research and ensure the safety of the broker. Also it is to be noted here that RBOptions asks you to have a trade volume of 20 times the bonus and initial deposit, before you can withdraw the amount. So this is definitely a high volume of trading that you are forced to carry out.
RBOptions Deposit and Withdrawal Methods
The deposit and withdrawal methods are nothing new when compared to any other binary trading platforms. It involves the deposit with the debit/credit card, Visa, Mastercard, Amex and Diner. Also you should be able to make wire transfer or e-transfer through Moneybooker/Skril. The minimum deposit is $250, which when compared to other brokers may seem a little bit higher, as there are other regulated brokers who accept even $200.
The withdrawal process takes 3 to 7 business days to complete, and the approval takes 60 minutes. However, we are obligated to mention that wire transfer may take up to 5 business days. Also the same day withdrawal is only for Broker account and VIP account which means you have to deposit a minimum of $25,000 to take advantage of them! We are not sure if this is really worth investing for.
It is claimed by the company that RBoptions demo account is completely free and in the demo you shall be able to obtain all the features along with a payout of 90%. The fact that demo account is free is somewhat false as traders are first requested to open at least a basic account by depositing $250 minimum. So we recommend traders not to believe in the “free” demo account advertisement. More credible is to be said that the company could open its traders a demo account only after creating a real one.. Also it is mentioned that the demo account will have unlimited trades, but we didn’t get a chance to verify this and there is no proof on the website that ca
Considering whether the company is scam or not, firstly it needs to be said that RBOptions is not regulated. Though it is not exactly a proof of a scam, but the deposit amount is definitely more than other regulated brokers, which is a disadvantage for the company. Also the VIP accounts are available with huge initial deposits. We are trying to gain information as much as possible and it is better to research properly without confirming a huge deposit.
Although we must add that for a new account, offering unlimited demo accounts, and a good education centre for the new users seems to be a good step taken by the company we recommend you to choose from Top Trusted Brokers
Regarding the complaints, it needs to be mentioned that in our extensive review, we searched and investigated a lot on the web in many of the financial trading forums and other communities. Many of the traders actually reported that they were satisfied with the broker, but again there a few complaints to note as well. Some shared their experience that there were not satisfied with the available number of assets for trading, while others complained that the same day withdrawals wouldn’t work for them. Now we’re not 100% sure if these are genuine complaints or if the traders were just not aware of the company’s terms and regulations. So we ask you to trade with caution.