Published on November 21st, 2017 | by John Kane5
Broker Review: ZedOption
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.
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 [email protected], or use the contact form listed on their website.
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.
- Type: Binary Options Broker
- Regulated: Yes (they claim)
- Payouts: Undisclosed
- Assets: 180
- Withdrawals: Fasted In Industry (claims)
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:
- 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.
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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