magic option foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://beta.magicoption.co/register?ref=R5E99B969B336E, about the company's legal and temporary regulatory information, the company's address .
magic option Forex Broker
Basic Information
Registered Region 
Vietnam
VietnamOperating Period
--
Company Name
Magic option
Abbreviation
magic option
Company employee
--
Customer Service Email Address
magicoption.info@gmail.com
Contact Number
0967.385.213
Company Website
Keywords
5-10 years Suspicious Regulatory License Suspicious Scope of Business High potential riskCompany profile
General Information & Regulation Magic Option is an online broker registered in Vietnam, with its founding time, real address, and the company behind it unknown to all. Magic Option is not subject to any regulation at this stage, so it is unsafe to trade with this broker. Markets Instruments Tradable financial instrument available with Magic Option include forex currency pairs, commodities, and metals. Overall, trading assets offered by this broker are not that rich. Some popular instruments like stocks, indices, crypto currency are not available. Minimum Deposit When it comes to minimum initial deposit, Magic Option does not make this part clear. Since Magic Option is an unregulated broker, it is unsafe for traders to open an account no matter its initial deposit is high or low. Leverage In terms of trading leverage, the maximum trading leverage offered by this broker is super high, reaching up to 1:1000, which sounds like gambling. Margin trading is full of risks, so high leverage level is not necessarily a good thing. Spreads & Commissions As most unregulated brokers do, Magic Option does not announce its spreads on particular instruments, trying to scam traders. Trading Platform Available Trading platform supported by Magic Options is not widely used MetaTrader platform, maybe some web-based platform. There is no such information displayed on Magic Optionswebsite. Deposit& Withdrawal Magic Option does not tell us what payment methods it support for traders to fund their trading accounts. Most brokers would support some popular funding options such as wire transfer, Visa, MasterCard, Skrill and Neteller.
Is magic option safe or scam
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Latest Reviews
magic option Forex Broker has an overall rating of 1.51, Regulatory Index 0.00, License Index 0.00, Business Index 7.03, Software Index 4.00 Risk Control Index 0.00.
还朕小鱼干
Singapore
The terrible and shameless company magic option cheated everyone, and I was also one of the victims... I regret it very much now! The only thing that can comfort me is that I only deposited 1,000 US dollars, so the impact of being scammed this time is not very great, and I will not go bankrupt because of it.
37130
2023-03-14