SiamOption foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://siamoption.com, about the company's legal and temporary regulatory information, the company's address .
SiamOption Forex Broker
Basic Information
Registered Region 
Seychelles
SeychellesOperating Period
--
Company Name
SiamOption
Abbreviation
SiamOption
Company employee
--
Customer Service Email Address
support@siamoption.com
Contact Number
+357-22007167
Company Website
Keywords
5-10 years Suspicious Regulatory License Suspicious Scope of Business High potential riskCompany profile
Basic Information & Regulation of SiamOption SiamOption is a binary options broker, mainly targeting a client base in Thailand and across South East Asian. SiamOption claims to have started offering financial services in 2013, but SiamOption is currently not subject to any effective regulation. Safety Analysis SiamOption is an unregulated broker, which means that the safety of investors' funds and trading activities are not protected in any way. Therefore, it is best for investors to stay away from this SiamOption binary options broker. Market Instruments Investors can trade a wide range of financial assets on the SiamOption platform, mainly Forex pairs, cryptocurrencies, indices, commodities, and stocks. Accounts of SiamOption There seems to be only one account offered on the SiamOption platform, and the minimum deposit for this account is 400 baht.SiamOption promises very high payouts, up to 90%, for popular currency pairs like the EURUSD. Most binary options brokerage, on the other hand, offers payouts in the range of 81%-86%. Trading Platforms Available of SiamOption SiamOption offers traders an in-house online trading platform with good charting tools, offering a variety of charts as well as a large number of technical analysis indicators, which is quite rare among binary options providers, as most of them offer a very basic trading interface without any analytical tools. Deposit and Withdrawal of SiamOption SiamOption only supports traders to deposit or withdraw funds to their investment accounts via VISA, MasterCard. SiamOption offers extremely limited access to funds compared to brokers that allow traders to deposit and withdraw funds via wire transfer and some popular electronic payment methods. Besides, SiamOption also sets some limits on daily, weekly, and monthly withdrawals. Pros & Cons of SiamOption The main advantages of SiamOption are: 1. Low minimum deposit 2. Free demo account 3. Higher payouts The main disadvantages of SiamOption are: 1. No regulation 2. Non-MT4/MT5 trading platform 3. Limited withdrawal method 4. Only one account option available
Is SiamOption safe or scam
Rating Index
SiamOption Similar Brokers
2.55
Score
2.51
Score
1.45
Score
2.48
Score
Suspicious Clone
2.47
Score
2.48
Score
2.46
Score
2.42
Score
2.39
Score
Suspicious Clone
No license plate
2.42
Score
Over-Operation
No license plate
2.42
Score
Over-Operation
No license plate
2.42
Score
Clone Firm
No license plate
2.40
Score
2.40
Score
Latest Reviews
SiamOption Forex Broker has an overall rating of 1.55, Regulatory Index 0.00, License Index 0.00, Business Index 7.28, Software Index 4.00 Risk Control Index 0.00.
Andy29127
South Africa
I traded with SiamOption last year, and I would say that the trading environment and platform are both very user-friendly. The customer service was also quite enthusiastic and responsive. However, there were some hiccups during the withdrawal process that caused some inconvenience, but the issues were resolved quickly. I would still give this broker five stars based on its over performance.
37130
2023-03-22