Our Overall Rating
On 30 April 2015 the company setoption.com received a warning from the Swiss FINMA for conducting unauthorised financial activities. It was published that Setoption.com is not allowed to offer investment services without the required authorisation. As it carries a high level of risk and can result in the loss of all your funds.
Setoption.com is a binary options broker founded in 2012 and located at av. Industrielle 14, 1227 Carouge, Switzerland, Tel: +44 20 3514 0881. The SetOption broker offers a variety of lucrative features to it’s clients, however these features vary depending on the type of trading account that a client chooses to open.
The company offers various assets including currency pairs, stocks, commodities and indices. It is acomparatively new broker and does not have an established reputation, due to which many traders faced a lot of problems and reported them as a scam broker. Plus the company’s websites does not seem to be tailored to traders’ needs – it is currently unreachable.
Complaints reported by the traders include:
Address av. Industrielle 14, 1227 Carouge, Switzerland
Setoption considered itself to be a highly innovate global binary options trading platform with international coverage and expert financial advisors.
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