legittradeoption.info is a CFD broker with a domain registered on March 26, 2024. This broker primarily offers investment services in markets such as Forex, cryptocurrencies, indices, stocks, energy, and commodities to investors. It does not provide services to countries or regions where it might violate local laws or regulations.
Company Registration Information and Regulatory Status
According to publicly available information on the legittradeoption.info website, the broker was established in 2016 and is regulated by the Australian Securities and Investments Commission (ASIC). However, the broker does not disclose its company registration details or comprehensive regulatory information.
Upon verification, the Australian Securities and Investments Commission (ASIC) has no record of a regulated entity named "legittradeoption.info".
Therefore, legittradeoption.info is essentially a scam broker website with no corporate entity or regulatory oversight.
Account Opening Process
The account opening process on legittradeoption.info involves visiting the broker's website, clicking "Open Account" on the homepage or "SIGN UP" at the top right corner of the page, and filling in personal details such as name and email address, then setting a login password. After submitting the information, the account can be registered successfully upon verification.
Trading Instruments
legittradeoption.info offers a variety of trading products, including Forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves the exchange of different currencies, known for its high liquidity, allowing traders to profit from exchange rate fluctuations.
- Indices: Indices trading allows speculation on the performance of entire markets or specific sectors without trading individual stocks, providing diversified trading opportunities and potential for high leverage gains.
- Commodities: Commodities trading covers key global market resources, allowing traders to buy and sell various raw materials, including metals, energy, and agricultural products.
- Stocks: Stock trading enables investors to participate in the price movements of public companies and earn profits based on company performance and dividends without actually owning the stocks.
- Cryptocurrencies: Cryptocurrencies trading offers digital currency enthusiasts the opportunity to profit from highly volatile assets.
Investment Plans
legittradeoption.info offers eight different types of investment plans: STARTER, PREMIUM, VIP MEMBERSHIP, FOREX SIGNAL SUBSCRIPTION, STARTER ACCOUNT, CLASSIC ACCOUNT, PLATINUM, and FOREX SIGNALS.
STARTER:
- Minimum Deposit: $600
- Minimum Expected Profit: $2,500
- Maximum Expected Profit: $5,000
- Trader Education*
- Risk Management
- Tax-Free Spread Trading Profits
PREMIUM:
- Minimum Deposit: $1,500
- Minimum Expected Profit: $10,500
- Maximum Expected Profit: $15,000
- Expert News and Analysis
- Competitive Spreads
- Advanced Trading Tools
- Tax-Free Spread Trading Profits
VIP MEMBERSHIP:
- Minimum Deposit: $5,000
- Minimum Expected Profit: $15,000
- Full Benefits Package
- Trader Education*
- Advanced Risk Management
- Tax-Free Spread Trading Profits
FOREX SIGNAL SUBSCRIPTION:
- Professional Forex Signals
- Up to 10 Signals Daily
- 95% Success Rate
- 24/7 Support
- Advanced Trading Tools
- Bitcoin Payments Only
- Work with Any Broker
STARTER ACCOUNT:
- Minimum Deposit: $500
- Minimum Expected Profit: $3,500
- Maximum Expected Profit: $5,000
- Trader Education*
- Risk Management
- Tax-Free Spread Trading Profits
CLASSIC ACCOUNT:
- Minimum Deposit: $5,000
- Minimum Expected Profit: $45,000
- Maximum Expected Profit: $50,000
- Expert News and Analysis
- Competitive Spreads
- Advanced Trading Tools
- Tax-Free Spread Trading Profits
PLATINUM:
- Minimum Deposit: $10,000
- Minimum Expected Profit: $99,999
- Full Benefits Package
- Trader Education*
- Advanced Risk Management
- Tax-Free Spread Trading Profits
FOREX SIGNALS:
- Professional Forex Signals
- Up to 10 Signals Daily
- 95% Success Rate
- 24/7 Support
- Advanced Trading Tools
- Bitcoin Payments Only
- Work with Any Broker
Trading Platform
legittradeoption.info offers a proprietary trading platform, claiming an average order execution speed of less than 7.12 milliseconds, with over comprehensive liquidity providers and executing more than 12,000 orders per second.
Deposits and Withdrawals
legittradeoption.info does not support deposits and withdrawals via credit/debit cards or bank transfers; it only supports cryptocurrency transactions.
Conclusion
Traderknows reminds investors that legittradeoption.info is a scam broker that entices investors with high returns to deceive them. The website has no corporate entity and no regulation. It is recommended that investors choose brokers with transparent information, strong regulation, and good reputation for investment activities to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
