Basic Information
Registered Region 
China
ChinaOperating Period
5-10 years
Company Name
Block Option
Company Website
Global Broker Regulation Inquiry App
WikiFX
No Regulation
Score
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/10
Block Option
China
|
5-10 years
|
Suspicious Regulatory License
|
Suspicious Scope of Business
|
High potential risk
https://blockoption.io/
Website
Rating Index
Contact
https://blockoption.io/
LicensesNo valid regulatory information, please be aware of the risk!
Warning: Low score, please stay away!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
2
Website
Genealogy
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Company Summary
Comment
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Official website
Website
blockoption.io
172.67.168.206Server LocationICP registration--Most visited countries/areas--Domain Effective Date2018-09-11WebsiteWHOIS.NAMECHEAP.COMCompanyNAMECHEAP, INC
Genealogy
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Related Companies
BLOCK OPTION LTD
Active
China
Registration No. 13544279
Established
Related sources Website Announcement
Company Summary
General Information
Block Option is a newly established broker registered in the United Kingdom, with its office address, the company behind it and contact methods not disclosed to all. Since its official website cannot be opened, we can tell that this broker probably closed its business, or changed its name then running away.
Regulation
Block Option claims that it is authorized and regulated by NFA with regulatory license number 0541195. However, this NFA license is verified to be a clone one. The following detail tells us Block Option is posing as a legit broker to scam traders.
Official Website Unavailable
Since Block Options official website cannot be accessible at this moment, we can only pick up some related information from other broker-reviewing websites to get a rough idea of this broker.
Market Instruments
Tradable financial instruments available on the Block Option platform include forex currency pairs, binary options, as well as some crypto currencies.
Minimum Deposit
In terms of minimum deposit, Block Option does not make this part clear. And we cannot find related information anywhere. In most cases, legit brokers requires traders to fund around $100 or equivalent amount to start real trading.
Trading Platform Available
What Block Option offers its traders is not the MT4 or MT5 trading platform, and Block Option does not make this part clear. We cannot find related information anywhere on the internet.
Deposit & Withdrawal
Block Option is also a missing part, and we have no idea what payment methods it supports. In most cases, most brokers allow their traders to fund their accounts through Visa, MasterCard, Wire Transfer as well as Skrill and Neteller.
Customer Support
No channels found to get in touch with this company, even basic telephone number or an email address, which is a red flag. Registered Address: 27 Old Gloucester Street
London, WC1N 3AX.
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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