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Published on November 21st, 2017 | by John Kane

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Broker Review: ZedOption

Broker Review: ZedOption John Kane

Summary: This broker is a copy of binary option flow, and has nothing substantial to offer the trading community. This is not a broker that we recommend.

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Today I’m looking at another binary options broker that I was asked about the recent email from a Binary Today reader, ZedOption. In looking closely at this broker, it’s quite apparent that it is extremely similar to a binary options brokerage that I reviewed just last week. The entire layout of the website is exactly the same, and so are all of the images used to market. This is not a good sign, considering my review of Binary Option Flow ended up in a 2 out of 5 star rating.

They do little in hiding the connection between these 2 brokers, as the address for the business location is the same, at 6 Dragatsaniou, 10559 Athens, Greece. To get in touch with support, traders can email directly to support@zedoption.com, or use the contact form listed on their website.

ZedOption Review

The reason I decided to take a closer look at the ZedOption brokerage, is because one of my readers commented that she found a binary options account manager with this broker that’s willing to trade her $500 deposit with a profit share of 80-20. I asked the trader to provide me with information that proves that this account manager is an expert trader, but I’ve yet to hear a response. When dealing with account managers, you have to understand that successful binary options traders have no reason to work for a broker. A successful trader will make enough money on their own, to be able to trade for themselves and not others. So be very careful when it comes to account managers with any brokerage.

There’s really not too much to say about this review, considering I did the exact same review just a few days ago for the Binary Option Flow broker.

Details

  • Type: Binary Options Broker
  • Regulated: Yes (they claim)
  • Payouts: Undisclosed
  • Assets: 180
  • Withdrawals: Fasted In Industry (claims)

Major Issues

In the review of the ZedOption clone-site, there were a couple glaring issues, and these problems are as consistent as the design of the website. One of the main objections came from the FPA website, which essentially claim that anyone involved with these brokers are being scammed. FPA lists 3 brokers, and they are listed here:

  • MaxCFD
  • Binary Option Flow
  • Binary Tilt

They also claim that all associated companies are scams as well, which would certainly include ZedOption, considering they are located in the same offices, and utilize the exact same website.

Conclusion

I’m going to keep this ZedOption review short and sweet. For obvious reasons, I do not recommend this broker to any of the readers here at binary today, or anyone in the binary options community that happens to stumble on my website. There is way too much negativity and uncertainty around this broker. When you are considering on investment opportunity, whether that be in binary options or any other market, you should always be overly cautious. Even if this broker turned out to be reputable, and trustworthy, I don’t see why we would take the risk knowing that there are blatant red flags abound.

The obvious way forward in cases like these, is to be overly protective of your investment and sign up with a broker that has a much better reputation. Sure, there’s a chance that this isn’t a scam, but what is the point in taking that risk, when there are other brokers with better reputations? There is no point.

Thank you for visiting the site, and I hope that this review helps you get a better grasp of what we do here at binary today, and what you can expect from our reviews moving forward.

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About the Author

I am a full time binary options trader. I was able to leave my job in the last 5 years and dedicate myself to trading fully. I never thought my hobby and passion would make a living for me but I am grateful every day that it has. My main goal now is to communicate with the binary trading community, contribute to different websites and learn from other traders.

Disclaimer: Binary Today would like to remind you that the content contained in this website is not necessarily real-time nor accurate. Past performance does not guarantee future performance, the above is not indicative and is purely for educational purposes only. Relying on the above for investment, trading or betting in binary options or Forex is not advised unless done so with virtual money only.

Binary Today or anyone involved with Binary Today will not accept any liability for loss or damage as a result of reliance on the information including reviews, recommendations, charts, software, income reports and signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.


2 Responses to Broker Review: ZedOption

  1. Lance says:

    Is there any possible way to get money back from these kinds of account manager scams? I personally was involved as well with someone who claimed they would use my investment to trade on this website. I had sent .15 BTC and the site has replied to me with emails a few times regarding my withdrawal but they’re trying to tell me that I have to pay a 5% TAX fee which with my profits from trading would be around $3500. They claim this fee is to have more security, yet they’re trying to take more money from the customer which actually makes me even more concerned. I don’t think I will receive any of my $75,000 profit the website says I have to withdraw.

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