Option Lift Review: A Scam Investment Brokerage
Option Lift is another binary options scam company that is only after investors' money. The company claims they are using BTC to trade. It is important to note that Binary Options associates numerous risks, and you may lose all your money.
Furthermore, this pyramid scheme promise user that they will earn a return of $4100 if they invest $500 within seven days. The amount is not realistic, and it does the company does not have a trading reputation.
Investing with Option Lift will be an unwise decision that will cost you dearly. The platform is only playing with investors' minds by projecting unrealistic and unattainable figures to lure more innocent traders.
When you have adequate knowledge of how the market works, it will be tough for the Ponzi schemes to sway you into believing their false narratives. The safety of your funds should be your top priority, and any firm that does not offer that is a waste of time.
There is no legit investment company that offers anything close to this. Even the competitors of Option Lift are offering their clients something completely different. Do yourself a favor and invest with reliable binary options firms that have a trading history.
Option Lift Review
Option Lift was launched in May 2018; the company is privately registered. The information of the owner is hidden from the public. We all know the danger of investing with anonymous companies.
They will exit the market without your knowledge. The platform lacks transparency, and we do not recommend their services to any investor in the market. Another red flag that we did notice is the time flame that they have registered their domain name is one year.
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It is a familiar trait with a Ponzi scheme whereby when their activity is exposed, they will exit the market before this expiry. Credibility is critical, and without it, you better hold your money. The information that Option Lift has on its website is inadequate. It does not show evidence of the platform offering Binary Option trading services.
Advantages of Automated Robots
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Automation
The fact that traders can automate their trading is one of the best options for trading forex with robots.
You don’t need to have any experience as a trader when engaging with these robots. You have a successful trading robot that offers the best in terms of automated services.
Traders enjoy a much needed help when it comes to trading and research. The bot does all the work for you.
Most of the bots have been tested by trading professionals and proven to work.
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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.
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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.
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Identify trading opportunities
Conducting market analysis is time consuming for most part especially when humans take all the role in it. You need a more defined aspect of trading before you get the idea of how it works. Robots work like a well-oiled machine that helps create better opportunities.
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Copy trading
Here’s another revolutionary way to invest in the markets. You automatically copy trades made by successful traders on the platform. You don’t have to be a qualified programmer or have a strategy to come up with some of the trades. A simple click does the work for you.
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Easy to use
These bots are easy to use for all classes of traders. All you need is an enjoyable trading platform that does offer much in terms of success.
You need to go for a reliable and tested bot offering more than just accessibility.
The amount they ask from their clients is too high, and it would be best if you did not trust them with such kinds of funds. Just from their cheaply designed website, to lack of essential data, the whole process is a fraud.
How Does Option Lift Operates?
Option Lift is allegedly involved with Forex, Digital Options, EFTs, and Stocks. The company is very shady in almost all aspects. The owner of the company has nothing to sell, and they only want to defraud investors.
There are better transparent entities in the market offering the same services. The company additionally, promise their client they will have account managers who will guarantee a 100% ROI.
The company does not provide background data on their team, and it is hard to trust that they are indeed experienced in the assets they are trading. The manager will probably only guide you on how to navigate their useless website.
The company lack trading history; they claim dealings in Forex trading, yet they do not discuss the currency pair they offer, the leverage, or spread. Additionally, there are no financial or managerial reports that can show how they are faring on in the market.
All these loopholes only prove there is no investment taking place. The company expects investors to cash in funds blindly.
The tactic may only appeal to novice traders, but in reality, these account managers do not offer any advantage in the market. Moreover, they work for the benefit of the pyramid scheme, since they have no intention of making anyone rich.
They will lose your money willingly so that they keep their jobs. Option Lift is a pyramid scheme that promises users a profit above $4000. The returns are ridiculous, and mostly in legit investment companies, you wait to see the gains you will make; they do not project a tremendous amount of money.
Withdrawal and Deposit
The only method that you can deposits funds is via Bitcoin. Using this method ensures you cannot trace the wallet that you deposit to. Option Lift does not discuss the technique that they investors can withdraw funds via.
Furthermore, the fraudulent firm does not discuss in depth the withdrawal requirement. The information regarding the minimum amount that you can cash out is missing. They also do not let their clients know how long it takes to process the withdrawal requests.
With all this missing data, you will encounter some hidden charges that the platform does not openly verify. The platform also claims to offer very high earning, but there is not even a single testimonial that backs up their allegation.
If Option Lift was as profitable as the claim, then why do they need your money. Keep off this company if you want peace of mind and the safety of your money.
Contact Detail and Customer support
The pyramid scheme claim that they are located at C/O Giunti International Division Via G.B Pirelli 30 20124. It is an offshore company that displays random office address to paint their picture to the public.
We are here to unmask these wolves that are only after your money. They fabricate the wrong information that everyone can see. They do not offer customer support services, which is a huge red flag.
Before you venture into any entity, ensure the company meets the majority of your need. A platform that does not concern themselves with offering excellent support services should not be your top priority. Look for a better investment firm in the market, that will not compromise your funds.
Regulation
The platform is not regulated, and this is a major red flag. Option Lift is operating illegally, and you should keep off their website. Without having a license, it means customers' funds are not secure.
The company lacks banking details as well. It is the requirement of the regulatory bodies around the world for an investment firm to provide this data. The purpose of the strict measure is to protect investors from scammers.
The law requires for them platforms offering these services to store a particular amount of funds as an insurance in case the bank encounter bankruptcy. Additionally, the founder's bank's account must be segregated so that it is different from the company's account.
Unregulated platforms pose considerable risks to their clients since they do not enjoy the benefits that come along. When Option Lift leaves the market, there won't be a chance of recovering the money.
You are also on the verge of being treated unprofessionally as the company is not obliged to any responsibility. The firm is not a serious investment platform as we checked with the FCA, NFA, ASIC, and CySEC, but they are not among their list of trustworthy companies. Option Lift is not worth your time nor your money. Walk away while you still can.
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Final Verdict
Option Lift is an illegal investment company that has no intention of making anyone rich. Depositing funds in their platform will lead to an automatic loss of funds. They are not regulated, and they do not offer customer support services.
There are better Binary Options companies that will offer professional services to their customers'. The company is still new in the market, and they haven't built their reputation. Proceeding with them with all these red flags will be unwise.
Charles Rennaker
August 5, 2019 @ 3:32 am
The manager I have was with btccraft. I bought/invested $1,100 within a week or so I was told that I had to do an upgrade of $1,560. They wouldn’t explain what the upgrade was for. After 3 weeks, I was told it is a standard upgrade for computer software and investment. I was told it would take two months for my funds to mature. then a couple weeks later I was told my account was frozen and I needed to do a $10,000 upgrade to access my funds. When I tried to reach Btccraft.com managers on Instagram, LinkedIn and their website my manager got pissed off at me and threatened to give my funds to another person.
Moisés
December 19, 2019 @ 7:50 pm
Charles Rennaker, você conseguiu receber alguma coisa?