What makes this broker an unsuitable choice
Are you looking for a dependable digital options broker? Well, you should not get carried away by false promises and should think twice before making your pick especially if you come across Accesstradeoptions.
Now, many reasons should make you skeptical about Accesstradeoptions.
No information about the team and CEO on the about us page
When you check out the about us page of Accesstradeoptions, then you will notice the fact that there is no information about the team and CEO of this broker. You will not get any insight into how Accesstradeoptions started.
License number missing
Accesstradeoptions states that Cysec licenses it. However, you will notice that there is no license number on the website so this does sound suspicious.
Account types do not seem enticing
Accesstradeoptions offers five different account types to the traders. The account types include classic, bronze, silver, gold and platinum account. Now, the biggest concern is that the deposit amount required to sign up with this broker is massive. Even if you decide to go for the Classic account, you will need to deposit about $500. The worst part is that you do not get a lot of perks with the Classic account.
For example, the risk-free trades are not available with the Classic account. The risk-free trades are a must for the new traders who are new to the platform and are not confident about trades. The absence of risk-free trades indicates that there are chances that the trader might encounter a loss.
Exclusive perks are only available with the Platinum account, but you need to deposit about $15,000. There are times when you have some crucial questions in mind, and you want to consult the platform analyst.
However, the disappointing aspect is that the unlimited sessions are only available if you go for the Platinum account.
Exaggerated profit figure
Accesstradeoptions claims that you can earn a payout of about 81% with this platform. Well, you should not get enticed because you the profits are never guaranteed when you are trading binary options.
The testimonials are present on the site, but you cannot check out the profiles of the traders. All these aspects indicate that you are walking in the wrong direction.
Accesstradeoptions does not offer verifiable proof regarding the results it promises so do not choose this platform.