21stOptions Review: 21stoptions.com Bane Forex Scam

21STOPTIONS (21stoptions.com) is another rotten CFDs, Crypto Currency and Forex scam platform to hit the lucrative trading world. 21^st Options is claiming to make trading simple by providing a proprietary trading platform. 21st Options is another online scam platform with intent to steal from unsuspecting online investors. Members are already crying foul after having their account access blocked for no reason. Read this genuine 21STOptions Review and find out more.

Advantages of Autopilot robots

How do experts choose the autopilot robots?

• Accuracy of trading

The best automated trading robot has to show accuracy when it comes to performance and trading results.

With the recommended trading robots, tests were conducted and the results favored the highlighted robots.

These robots did hit a target of over 80 percent in ROI and have been doing so consistently meaning the robots are effective.

• Dependable

Traders will prefer a dependable robot that doesn’t lag or face any issues during live trading sessions.

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These experts tested the resolve of these robots in placing multiple bets and the resounding performance ensured the robots got the thumbs up.

• Conduct Real Time Market Analysis

By processing immense amount of market information, users get a more accurate setting of the market prices and product status. The bots identity market conditions such as volatility and help traders make informed decisions.

• Time Efficient

One of the key benefits of using automated bots is time. The trading process is completely automated thus making it hands-free. You can also set your preferred parameters before moving on. Traders don’t have to constantly conduct market analysis.

• Portfolio diversification

Traders can run multiple accounts using robots and thus, increase the trader’s portfolio diversification. You get to run multiple accounts and strategies and benefiting from robots that do all the heavy lifting.

• Increased accuracy

Manual trading creates a lot of errors especially those related to currency pairs, execution price, and position size. Algorithmic trading helps keep such issues out of bay as the bot have a more accurate sense of taste for the market.

• Minimize trading costs

Bots help identify optimal market entry and exit points. It takes into consideration account liquidity levels not forgetting market volatility. These bots ensure brokerage fees are minimal and bring in maximum profitability.

21STOPTIONS Review

After receiving touching email complaints from some of the members, we decided to investigate. It seems 21STOPTIONS is simply signing up users and stealing any funds deposited. Adian Bichel has been trading with this platform for the last month and has nothing to show. Just like other victims, Adian was called by their so-called account managers and asked to deposit funds. You should know these scam artists will hire call agents from Asia to try and entice investors to sign up.

Professional scam artists are well aware of the intention of most investors. Making money is what everyone wants to do and they take advantage of this need. Adian was assigned a different account manager each time he made deposit. Scam artists make sure you can never have one account manager for long. Why do they do this? Read this detailed 21ST Options review and find out more.

About 21STOPTIONS

No much is known about this platform apart from being owned by a company called 21stOptions Ltd. Information regarding who owns the company still remains a mystery which makes us doubt the broker. Who is the CEO or CFO of this company? Why have they failed to post any details regarding the founding members? Is it possible to know who handles funds deposited by investors?

Some of these questions need quick answers before signing up. With some of these platforms, you never know where their area of operation really is. Could it be offshore based? It is highly likely 21ST Options is based in St. Vincent and the Grenadines. Looking at their contact page, they claim to be based in North America and Luxembourg. A broker associated with this platform claimed the brokerage is based in Canada. Remember, scam artists will do or say anything to make their platforms appear legit.

Is 21STOPTIONS Licensed or registered?

21STOPTIONS is not licensed by any official regulatory body that we know of. By claiming to be based in Canada, we reached out to the Canadian officials for verification. Both the IIROC and CSA don’t have any records of ever licensing this platform. Furthermore, their website fails to give any proof they have been licensed. Where is their license or registration number? Without a valid trading license, a platform trades without proper documents which is illegal. Make sure to keep an eye for rogue platforms.

An unlicensed online entity is bad news as no one is able to track down their base of operation. If you have a problem with funds, official regulatory bodies won’t be of any help. Why? You have been trading with an unlicensed entity which does not follow strict rules and guidelines. Whatever you do, stay away from unlicensed entities which don’t comply with set industry regulations.

Features of 21STOPTIONS/ Advantages

After carefully scrutinizing their website, we could not find any advantage of trading with this platform. With this behavior, we are sure scam artists are behind this platform. By cloning a trading website, they have managed to lure investors into depositing with them. Where the funds go is anybody’s guess. We are sure 21STOptions is another rotten online scam which we must expose.

Disadvantages of 21STOPTIONS

Account Types

21STOptions is clearly up to no good as they don’t give users information regarding accounts offered. Do they have a single account or multiple accounts to furnish investors with? Such misleading information is what makes us expose these scam artists. Why have they failed to give their preferred set industry minimum deposit? Scam artists want to ask for different amounts depending on the investor.

Deposit and withdrawal

When it comes to account funding, the broker has this area well covered. Some of the depository channels used includes MasterCard, Neteller, Sofort, Skrill, Trustly, and Visa. We still have a huge problem with withdrawals as no investor has made any withdrawals. It seems this platform is a way of enriching the owners by pretending to be a trading website. A closer look at their terms and conditions also show no indication of withdrawal cost. With such careless services, we have to draw the line.

No Demo Account

Another issue we spotted with 21STOPTIONS is lack of a demo account. A demo account is helpful as it gives users an idea of what to expect with a platform. What is the leverage and spread used in this platform? Stay away from this platform as no one knows what the platform conjures. Demo accounts will help in knowing how effective and fast a platform places trades. Without a demo account, investors are signing up blindly.

Trading platform

According to their homepage, 21^st Options is using a proprietary platform. A problem with this platform is that it is not tested by anyone else. They also fail to give users a demo account to test their so-called proprietary platform. Is it properly secured with required security features? How about stability? Is their platform stable enough to execute trades without a glitch? These are some of the reasons why we suggest you stay away from this rogue platform. It is obviously a scam.

Are funds safe with 21STOPTIONS?

Funds are not safe with a platform which is not licensed or registered by official authorities. Security of funds is not guaranteed as they fail to have DDoS protection as well as SSL Encryption. Hackers can easily take advantage of this platform and steal your information.

Is 21STOPTIONS a scam?

Without a shadow of doubt, 21STOPTIONS is a scam which must be exposed by all means. Whoever signs up with this platform should know they are partnering with scam artists. Make sure to mark their emails as spam and never click on any links sent. Now you know what to expect with this illicit and malicious online trading scam platform.

Bottom line

After checking all facts, we will be adding this platform to our scam blacklist. By doing so, we will protect our readers from falling into this trap. Warn your family and friends from joining this illicit platform.

Wishing all investors a happy and prosperous trading experience.