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NETOPTIONTRADE

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Operating status: SCAM

Website: https://netoptiontrade.com/

Broker violations and abnormal records
  • 2024-06-02 BrokersView has reviewed that NETOPTIONTRADE is an unregulated broker

    According to its website, it is located in Canada. Upon investigation, no matching information was found in the Investment Industry Regulatory Organization of Canada (IIROC).

    In essence, NETOPTIONTRADE is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    NETOPTIONTRADE appears to be a scam.

    According to its website, it is located in Canada. Upon investigation, no matching information was found in the Investment Industry Regulatory Organization of Canada (IIROC).In essence, NETOPTIONTRADE is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.NETOPTIONTRADE appears to be a scam.

Related Complaints

Q&A

Scam site NETOPTIONTRADE?

Adeen
Cyprus
2025-04-10
ANSWER Dear Investor, It is strongly recommended to avoid trading with NETOPTIONTRADE due to serious concerns about its legitimacy and reliability. While the company claims to be located in Canada, investigations reveal that no matching information is available in the Investment Industry Regulatory Organization of Canada (IIROC) database, the key regulatory body overseeing financial firms in the country. This puts investors at considerable risk, as there are no protections in place to safeguard their funds from potential misuse or loss. In conclusion, NETOPTIONTRADE shows characteristics commonly associated with scams. It is highly unsafe to entrust money to this entity.
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How can I invest with NETOPTIONTRADE?

Anet Tanti
Kuwait
2024-06-04
ANSWER We strongly advise against using NETOPTIONTRADE, an unlicensed broker. Given the absence of regulatory information on NETOPTIONTRADE's website, it may not be subject to any regulatory frameworks. This lack of oversight could potentially open the door to fraudulent activities. Based on its alleged location in Canada, we conducted a search in the register of the Investment Industry Regulatory Organization of Canada (IIROC), but found no matching records. As such, NETOPTIONTRADE poses a substantial risk of fraud and identity theft. For a safer trading environment, it is highly recommended to avoid unlicensed brokers like NETOPTIONTRADE and instead opt for fully regulated ones.
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