In this section we will analyze the broker Options Dealers, is a Forex, CFDs and cryptocurrency broker. Is Options Dealers really recommended to make an investment? Or is it better not to invest with this company? It should be noted that the website does not have a Spanish version, but due to messages from customers we have also decided to review the company.
We do this review and assessment, because we receive different messages and comments asking about the reliability of the company in question. ¿Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
The broker mentions being part of: Options Dealers Limited and Wonderbridge Services Limited.
As to its location, the broker mentions being based in: (supposedly) the United States and Cyprus.
If we analyze the regulation of the broker: it is curious, they mention being based in the United States, if true they should be regulated by the SEC (United States financial regulator), but they do not mention anything about the SEC, but about the IFSC International Financial Services Commission of Washington DC, about which we had never heard of, everything indicates that the location and the regulation are false..
If now we go on to analyze account types offered by Options Dealers, we note that they offer 4 different types of account: the Basic Account, the Silver Account, the Gold Account and the Platinum Account. The minimum initial deposit is $ 500.
Basic account- $ 500 minimum initial deposit, no commissions, full access to the educational center, 24/7 support, access to all financial products.
Silver Account: minimum initial deposit of $ 1.000, no commissions, full access to the educational center, 24/7 support, access to all financial products, plus investment lessons, an additional 2% on each transaction performed.
Gold Account: minimum initial deposit of $ 3.000, no commissions, full access to the educational center, 24/7 support, access to all financial products, plus investment lessons, an additional 3% on each transaction performed.
Platinum Account- Minimum initial deposit of $ 5.000, no commissions, full access to the educational center, 24/7 support, access to all financial products, more investment lessons, access to risk-free operations.
Here you can see the picture about account types in full size.
The platforms to operate Options Dealers offers are: MT4.
We will now analyze the different resources and aids for the trader that Options Dealers provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.
Options Dealers provides the following help or resources to traders or interested parties: live charts, basic explanation of the different instruments that are possible to trade with Option Dealers, explanation of basic concepts of the investment world, economic calendar, glossary, strategies for forex,.
Other information about Options Dealers
Some more information in case you want to contact the company, or see its website for yourself.
Phone number: + 15084337592
Email: [email protected]
>>> Valuation on Options Dealers <<
Ending with this section, in our opinion Do we believe that Options Dealers is reliable? Should you invest your money with the company?
The truth is that, we believe that it is better to be careful because: in addition to that it is supposedly based in the USA but does not have US regulation (it is very rare, because if it is really based in the USA it should be regulated by the US regulator) They do not have any history and we could not find any reviews on this company, which indicates that it is a "new" company.
For these reasons, we believe that Options Dealers is not a recommended broker. In other words, we always recommend working only with duly regulated companies, isn't it better to have the protection of a good regulator?
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.