Up to 100%
100% Honest & Detailed TorOption Broker Review
Is The TorOption Trading Platform Scam or Legit?
Traders’ Testimonials + Withdrawal Policy – See Below!
|Headquarters||Smart Choice Zone LP, 272 Bath Street Glasgow, G2 4JR, Scotland|
|Support Number||+44 2035192667|
|Support Types||Live Chat, Phone, Contact Form, E-mail|
|Minimum 1st Deposit||$350|
|Minimum Trade Amount||$25|
|Bonus||Up to 100%|
|Free Demo Account||Open Demo|
|Account Types||Mini, Standard,Executive, VIP|
|Deposit & Withdrawal Methods||VISA, MasterCard, WebMoney, Cash U, Neteller, Skrill Moneybookers|
|Number of Assets||50+|
|Account Currency||USD, GBP, EUR|
Tor Option is a binary options brokerage platform, located in London, UK. It started operating on the binary market in 2015. Since then, a lot of attention has been drawn towards the broker. The potential customer-base in front of Tor Option is vast and they have done a lot to attract new customers and retain old ones. But the most important question is have they managed to do that in a legit way or TorOption is just a scam? The following review can give you the answer, so keep reading.
Is TorOption Scam or Not?
TorOption is a binary brokerage that values safety and security above all else. They apply state-of-the-art SSL encryption. The broker follows strict Know Your Client and Anti-Money Laundering policies. They also have a set of compliance rules and conditions you have to cover in order to verify your identity and ownership of the account. This is all done to protect the clients of Tor Option from financial fraud and malevolent actions.
In the course of our investigation on TorOption, we found a lot of positive feedback. Current clients of the broker are satisfied with the service they receive and the quality of the trading experience. Given all of this, we can conclude that the platform for trading binary options online, provided by TorOption in their role as a broker, is built with safety and security in mind, for the comfort of the user.
Review Verdict: TorOption is NOT a Scam
TorOption’s Trading Platform
Tor Option utilizes the power of one of the most popular platforms for online investments in the binary market. The broker is powered by SpotOption – an easy to use trading platform that is suitable for both newbies and professionals. It is intuitive and easy to navigate, simple, yet elegant in its efficiency – you can place a trade with just a few clicks.
Tor Option – Account Types & Bonuses
The Tor Option binary broker provider offers 4 main account types. You can open a Mini Account by investing a minimum of $350. The Standard Account begins from $10,000, while the Executive Account – from $25,000. There is also a VIP Account starting from $50,000. If you are unsure with which account type to start and how much to invest, you can contact the support team of Tor Option for further guidance and advice.
All account types come with a selection of special features, including an eligibility for a welcoming bonus. The bonus amount for the different account types is 10% for Mini, up to 50% for Standard, up to 75% for Executive and a custom made bonus for VIP account holders.
Benefits Of TorOption
The brokerage offers a number of different advantages for its clients. Apart from the quality customer support, you also have access to tons of training materials and free educational resources, including a free webinar, led by an expert trader – Maxwell Saravia, with years of experience in the field. TorOption also offers comprehensive market analyses and also a trading calendar with the hours during which the five major stock exchanges are opened.
Review Verdict: TorOption is NOT a Scam
Deposits & Withdrawals
TorOption is a binary broker offering a variety of payment methods so that the clients can choose which suits them best. The policies and protocols applied by the brokerage guarantee the safety of your funds and investments. Withdrawals will be carried through the same method you have used when depositing initial capital.
Credit card withdrawals are free of charge, and the Mini account type holders will have to wait for up to 10 business days before the request is processed. This is longer than the average for the industry but it is realistic and because of the legal procedures and fund-safety rules you have to comply with in order to withdraw your funds.
How To Get Started?
- Sign Up – the procedure is swift and it is free to use the TorOption’s services. All need to start trading is a minimum initial investment.
- Trade – with just a few clicks on the intuitive and user-friendly platform, you can trade a variety of options. The binary contracts are more than the average offered in the industry.
- Withdraw – the withdrawal time might take up between 1 and 10 business days, depending on your account type, method of payment and size of transaction.
Current customers of Tor Option report excellent quality of the offered service. TorOption is a legitimate broker with a user-friendly trading environment, offering great opportunities to both beginners and experts. We can safely recommend it as a reliable broker.
We Recommend You to Get Free Demo Account with TorOption