- What makes it a risky choice
- The different issues related with different account types
- Missing or absent information
- Demo account unavailable
- Platform available in a limited number of languages
- Inactive Facebook page
- Conclusion
What makes it a risky choice
Are you new to trading? If yes, then you need to watch every step you take in your trading career. You need to explore the broker in detail which you intend to choose. Just recently we came across BNR Options. However, we felt that it is not an impressive option.
When we dug down into the details we realized the fact that BNR Options offers four different account types. The available account types are standard, silver, gold and platinum. The standard account does seem to be an affordable option but it does have its setbacks.
The different issues related with different account types
You have to pay only $250 for the standard account but the real problem is that you will not be able to get access to free signals with the standard account. Now, the signals hold a lot of significance for a new trader because it helps the trader to make smart trading decisions with ease.
Another problem is that you do not get access to a tutorial when you opt for the standard account so this is yet another setback for the trader. If you decide to go for the silver, gold or platinum account, then the issue is that the deposit amount is quite high.
The silver account requires a deposit of about $1000 which may not be affordable for a new trader.
Missing or absent information
We were quite surprised to notice the fact that BNR Options does not have an about us page, so it becomes quite difficult to find information about the creator of this platform.
Demo account unavailable
BNR Options does not offer a demo as well, and this is yet another disappointing element about this platform. When the demo is there, then you get a fair chance to explore the platform, but it is not the case with BNR Options.
Now, some platforms do not offer the demo for a special reason. They do not want the trader to become aware of the flaws of the platform, and this is one of the reasons that they do not offer a demo.
Platform available in a limited number of languages
This platform is available in a limited number of languages. BNR Options should also think along the lines of introducing more languages so that traders from different parts of the world can value from the services of BNR Options.
Inactive Facebook page
We had a look at the Facebook page of BNR Options, and we were again disappointed. Now, the Facebook page reflects the popularity of the platform, but it is a different case altogether with BNR Options. It seems that there are no recent updates about the platform for the past seven months. It seems that BNR Options has nothing new to offer to the traders.
Conclusion
All the details mentioned above reveal one important fact, and that is you should avoid BNR Options by all means for sure. It seems that this platform fails to offer value to the traders so you should not opt for it in the first place.