Published on February 14th, 2018 | by John Kane0
Broker Review: UltimateOptions24
Today I’m reviewing a new binary options broker that’s trying to get a foothold in this marketplace, but they’ve yet to make any real waves, UltimateOptions24. The creators of this platform claim that they are different from their competitors because they can offer Forex, CFDS, and Binary all “from a single screen.” They put a high level of importance on providing a technology that is user-friendly, and allows traders to succeed despite having varying levels of skill.
Owned and operated by B.O. Tradefinancials Ltd, this brokerage is located in Cyprus, but the address is not provided. Another issue on coming across here, is the fact that none of the links on the website work. It isn’t possible to even contact this brokerage, because their contact page is not working.
After doing a little research, and noticing some discrepancies on this website, it’s already quite clear to me that UltimateOptions24 is not a reputable brokerage. In fact, this broker has stolen their entire website from OptionFair. I first noticed this issue, when I was researching the B.O. Tradefinancials Ltd company, and noticed that it was actually the owner of OptionFair. Then, at the bottom of the website on some pages it actually says “Copyright © OptionFair,” with links to the OptionFair social networks.
I’m not sure what the purpose of this website is. My first thought, is that it’s some sort of sole purpose of redirecting clients to the original brokerage for an affiliate commission. Yet, the registration link doesn’t even work. It’s very possible that this is a failed attempt at doing just that, where the developers just decided to give up because they weren’t getting any traction.
With that being said, you’re probably wondering why I’m even providing a review, and where I even heard about this broker from. Well, I was emailed by one of my readers asking me to investigate, and when I’m asked to do something, I do it.
It’s quite clear to me that UltimateOptions24 is a fake brokerage. They have stolen the entire OptionFair website, including images where you can clearly see the OptionFair logo. There are quite a few reasons why I believe that this is a false brokerage, and one that you should stay away from.
- Stolen Website
- Stolen Logos
- Linking to OptionFair Properties
- No Professionalism
This is probably one of the weirder reviews I’ve ever written, because within 5 minutes I already realized that this was a blatant ripoff. Again, I really don’t see a purpose for this website, outside of the potential failed scam that never got off the ground.
There is obviously no reason for you to sign up with UltimateOptions24, and you really couldn’t sign up even if you wanted to, because none of the links on the website work. This is probably one of the most ridiculous reviews I’ve ever done, but it’s also one of the easiest. There is no reason for you to get involved with this website, or fake broker, because they have nothing to offer.
If you have anything you would like to add to this review, please leave your remarks and questions below the article now.
Summary: This underwhelming and unknown brokerage is trying to get some traction in the market, but they've yet to have any real success in doing so.
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