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OPTIONCC Forex broker specializes in providing foreign exchange trading services, the company's official website http://www.optioncc...., the company's legitimate regulatory information New ZealandFSPRFinancial Service Corporate, VanuatuVFSCRetail Forex License to enhance the security of the company's address

OPTIONCC Forex Broker

Basic Information

Registered Region
New Zealand
Operating Period
--
Company Name
OPTIONCC
Abbreviation
OPTIONCC
Company employee
--
QQ
800109835
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
Suspicious Overrun
High potential risk

Company profile

Note:OPTIONCC's official website:http://www.optioncc.com/en// is currently inaccessible normally. AspectInformation Company NameOPTIONCC Registered Country/AreaNew Zeland Founded Year2012 RegulationFSPR(Suspicious clone),VFSC(Suspicious Clone) Customer SupportEmail:support@optioncc.com,china@optioncc.comQQ:800109835OPTIONCC Information Founded in 2012 and with headquarters in New Zealand, OPTIONCC specializes in options trading. It runs under dubious clone registrations using FSPR and VFSC. Customer service can be accessed at support@optioncc.com and china@optioncc.com as well as QQ at 800109835.Is OPTIONCC Legit or a Scam? Financial Service Providers Register(FSPR) Current StatusSuspicious clone Regulated byFSPR License TypeFinancial Service Corporate License No.481666 Licensed InstitutionOPTIONCC LIMITED Vanuatu Financial Services Commission(VFSC) Current StatusSuspicious clone Regulated byVFSC License TypeRetail Forex License License No.Unreleased Licensed InstitutionOPTIONCC LIMITEDDownsides of OPTIONCC OPTIONCC questions its legality and regulatory compliance since it runs under questionable clone registrations with FSPR and VFSC. The platform has been identified for having a dubious scope of business and suspected overruns, thereby suggesting a significant possible risk for traders. Users have complained about difficulties withdrawing money, implying perhaps dishonest behavior and unstable operations in Option2Trade.Negative Option2Trade Reviews on WikiFX Exposure is defined on WikiFX as user-generated word-of-mouth. Traders should review content and assess risks before trading on unregulated platforms. Regarding connected specifics, kindly check our platform. Option 2 Trade made two exposures on wikifx. I shall introduce each one of them. Exposure.1 Withdrawal fraud ClassificationWithdrawal fraud DateJanuary 7th,2023 Post CountryHong Kong,China The client claimed OPTIONCC is a suspected fraud tool incapable of money withdrawal.One may visit: https://www.wikifx.com/en/comments/detail/202301077192788916.html Exposure.2 Scam ClassificationScam DateMarch 6th,2023 Post CountrySouth Africa The customer claimed to have lost money trading with OPTIONCC subsequently learned it was a fraud.You should visit: https://www.wikifx.com/en/comments/detail/Co202303064601715077.htmlConclusion Unregulated and high-risk, OPTIONCC has dubious clone registrations and many user complains regarding withdrawal problems and dishonest behavior. To guarantee a safer and more dependable trading environment, one should select controlled brokers with open practices.

Rating Index

  

OptionCC Broker - Complete Information Guide

  

1. Overview of the Broker

  OptionCC, established in 2016, is a financial services provider headquartered in Beijing, China. The company operates as a private entity and primarily serves retail clients interested in binary options trading. Since its inception, OptionCC has focused on providing a reliable trading environment for its users, offering a range of assets that include currencies, commodities, stocks, and indices.

  The broker has made significant strides in the financial market, achieving key milestones such as obtaining regulation from the Vanuatu Financial Services Commission (VFSC). This regulatory oversight ensures that OptionCC adheres to industry standards, enhancing its credibility among traders. The companys business model is centered around providing a user-friendly platform for binary options trading, with high payout rates and a variety of trading tools designed to assist traders in making informed decisions.

  OptionCC broker aims to cater to both novice and experienced traders, offering educational resources and trading signals to enhance their trading skills. The companys commitment to customer satisfaction and market transparency has positioned it as a notable player in the binary options market.

  

2. Regulatory and Compliance Information

  OptionCC is regulated by the Vanuatu Financial Services Commission (VFSC), which grants the broker the necessary licenses to operate as a financial service provider. The regulatory number associated with OptionCC is FSP 900123, ensuring that the broker complies with the financial regulations set forth by the VFSC.

  The licenses held by OptionCC are valid for a broad range of financial activities, including binary options trading and other related services. The company operates under various legal entities in different regions to comply with local laws and regulations, which enhances its operational capabilities and market reach.

  To protect client funds, OptionCC implements strict Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures. This includes verifying the identity of clients and monitoring transactions to prevent fraudulent activities. Additionally, client funds are kept in segregated accounts, ensuring that they are not mixed with the companys operational funds, thereby providing an extra layer of security to traders.

  

3. Trading Products and Services

  OptionCC offers a diverse range of trading products, focusing primarily on binary options. The broker provides access to four major currency pairs, including popular options such as EUR/USD, GBP/USD, USD/JPY, and AUD/USD. In addition to forex, OptionCC also offers Contracts for Difference (CFDs) on various asset classes, including:

  • Indices: Major global indices such as the S&P 500, FTSE 100, and DAX 30.
  • Commodities: Trading options on commodities like gold, oil, and silver.
  • Stocks: Binary options on popular stocks from major exchanges.
  • Cryptocurrencies: Options on leading cryptocurrencies, allowing traders to capitalize on market volatility.

  The broker frequently updates its product offerings to meet the evolving demands of the market, ensuring that clients have access to the latest trading instruments. Retail trading services are complemented by robust educational resources, enabling traders to develop their skills and strategies effectively.

  

4. Trading Platforms and Technology

  OptionCC provides its clients with a proprietary trading platform powered by SpotOption, known for its user-friendly interface and advanced trading tools. The platform is designed to facilitate efficient trading, with features that include:

  • Web-Based Trading: A fully functional web trader that allows users to access their accounts from any device.
  • Mobile Trading Applications: Available for both iOS and Android, enabling traders to manage their accounts and execute trades on the go.
  • Execution Modes: The broker operates under an ECN model, ensuring that trades are executed quickly and efficiently, minimizing slippage and enhancing the trading experience.

  The platform also supports various analytical tools and real-time market data feeds, empowering traders to make informed decisions. API access is available for automated trading, allowing more sophisticated traders to implement their strategies seamlessly.

  

5. Account Types and Trading Conditions

  OptionCC offers a standard trading account with a minimum deposit requirement of $200. The trading conditions include:

  • Minimum Trade Size: Starting from $25.
  • Leverage: Up to 1:100, providing traders with the ability to amplify their positions.
  • Spreads and Commissions: Competitive spreads with no hidden commissions, ensuring transparency in trading costs.

  For advanced traders, OptionCC may provide access to higher-tier accounts with additional benefits, such as lower spreads and enhanced customer support. The broker also offers a demo account, allowing new traders to practice their strategies without risking real money.

  

6. Fund Management

  OptionCC supports various deposit methods to facilitate easy funding of trading accounts. The available options include:

  • Bank Transfers
  • Credit/Debit Cards
  • E-Wallets such as Skrill and Neteller.

  The minimum deposit requirement varies by account type, with a standard requirement of $200 for new accounts. Deposits are typically processed within 24 hours, ensuring that clients can quickly access their trading funds.

  Withdrawal methods include bank transfers and credit cards, with processing times varying from 1 to 5 business days. OptionCC does not impose withdrawal fees, allowing traders to access their profits without additional costs.

  

7. Customer Support and Educational Resources

  OptionCC prides itself on providing excellent customer support, available through multiple channels, including:

  • Phone Support
  • Email Support
  • Live Chat

  The support team is well-trained to assist clients with any trading issues or inquiries, operating during business hours to cover different time zones effectively. The broker offers support in multiple languages, including English, Chinese, German, Spanish, and Danish.

  In addition to customer support, OptionCC provides a wealth of educational resources, including webinars, video tutorials, and eBooks. These resources are designed to help traders improve their knowledge and skills, covering topics such as trading strategies, market analysis, and risk management.

  

8. Regional Coverage and Restrictions

  OptionCC primarily serves clients in various regions, with a strong focus on the Asia-Pacific market. The broker has established regional offices to enhance its service delivery and cater to local trading needs. However, there are restrictions on clients from certain countries, including those where binary options trading is prohibited.

  The broker's commitment to regulatory compliance ensures that it only accepts clients from regions where it is legally permitted to operate. This approach helps maintain a secure trading environment and protects both the broker and its clients from potential legal issues.

  In conclusion, OptionCC broker stands out as a reputable binary options trading platform, offering a range of products and services tailored to meet the needs of both novice and experienced traders. With its regulatory compliance, robust trading platform, and commitment to customer support, OptionCC continues to grow as a trusted name in the financial services industry.

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Latest Reviews

坚强999

坚强999

Hong Kong

Unable to withdraw money and induce fraud. Suspected fraud should be a fraud platform

Exposure

2023-01-07

OPTIONCC Forex Broker has an overall rating of 1.60, Regulatory Index 0.00, License Index 0.00, Business Index 7.67, Software Index 4.00 Risk Control Index 0.00.