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Not approved broker by binaryoptionsthatsuck.com
5.0
  • ImperialOptions

  • Bonus: Up to 200%
  • Options Payout: 60-80%
  • Rating: 5.0 / 10
Broker Name: ImperialOptions
Platform: SpotOption
Founded: 2015
Bonus: Up to 200%
Return/Refund: 60-80% /0%
No. Of Assests: 60
Regulated:   No
Demo Account: No
Minimum Deposit: 250
US Traders:   Not Accepted

ImperialOptions Review

Editor’s Note – Why Does Imperial Options Suck in 50 Words

They suck because I can’t even find out who they are. I clicked the “Learn about us” section but there is only a so called virtual post box address, meaning there’s no actual physical company at that address. Furthermore, I can’t find any information about any regulators that oversee Imperial Options which makes me wonder if this is just another fake website…

 

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Why Doesn’t Imperial Options Suck in 50 Words

The only good thing I can say about Imperial Options is about the platform provider itself, SpotOption. This platform makes many different types of options available for trading as well as many useful tools, such as Spot follow, Pair trading and ladder. It looks nice, is user friendly and used by many top brokers.

 

 

Full Review of Imperial Options – What’s Going on Here?

Who’s behind this company? All I could find was a fake address and there is nothing about any CEO, any directors, names or anything that can make me feel that I am in good hands. We are expected to simply take their words for it; – “Imperial Options is staffed by professional brokers” Really? If that’s true it doesn’t make any sense not telling us who you are! Aside from that the platform itself is top notch, it is SpotOption after all, and includes many attractive features but again, you can find the same services at better known brokers so why bother?

 

Further research makes Imperial Options seem even fishier than I first thought. The jawealthscam.blogspot.se has compared the information on the Imperial Options website to some other shady brokers, results show that the texts are just copy pasted material and confirm the fact that this broker is nothing more than another white label. Another thing I found strange is that they advertise a 24/7 live chat that is offline during the weekends. 24/7 means it should be online every hour of the day – every day of the week! Why offer a service you can’t deliver? It only reflects badly on the company because the clients can’t trust your promises anymore.

 

I was excited when I found the education center but guess what, you need to register before you gain access to all of the videos, which is yet another failure. To be honest, I think I know what’s going on here, this is yet another white label scam and you should stay far away!

 

 

Is Imperial Options a Scam?

Yes, Imperial Options is most probably a scam. Why? Because they are nothing more than a white label broker and don’t provide any true information about themselves, nor are they authorized by any regulators. In fact, a quick search in the FCA’s database confirms that ‘Landmark Trade ltd’ (company behind Imperial Options) is providing financial services without authorization in the UK (and most probably elsewhere). Digging deeper I also found that several people have reported Imperial Options is working with a scam service called “autoprofitreplicator”, a typical “get rich quick” binary options scam.

 

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Imperial Options Ratings

 User Friendliness 13/20

The SpotOption’s powered platform is user-friendly and the website provides enough educational videos that explain the platform, unfortunately you need to register before you can view all of them. You can also choose among several major languages besides English which is a plus but don’t count on using the Chat feature.

 

No. of Assets and Expiry Time 10/20

Number of assets are very low, 12 Currencies, 19 Stocks, 7 Commodities and 20 Indices adding up to a total of 48. Expiry times are every 15 minute, short term 60-300 seconds, long term as in end of day, week and end of year.

 

Commissions, Support and Effective Return 10/20

The 24/7 live support was nowhere to be found which is a big drawback. The returns are as high as other white label SpotOption brokers, 60-80%. There are no commissions, like with any broker.

 

Deposit, Payment and Bonus 10/20

The minimum deposit is only 250$ but in order to take advantage of other account types you require a minimum deposit of 2500$ and higher for VIP accounts. ID and utility bill documentation is required before a withdrawal can be approved. There is a Full investment Bonus Refund abbreviated: FIBR. Once FIBR is accepted, you receive a bonus that matches your total entire account balance (max 30 000$/€) in case you have lost all your investment within 30 days of activation. This bonus cannot be withdrawn until a turnover volume of over 8 times the bonus has been reached within 90 days. Withdrawals are average for the industry and take up to 14 days to process. Credit cards, wires and eWallets are accepted.

 

Website Extra’s 10/20

The SpotOption platform offers various types of binary options. You can trade pairs, short term and long term binary options, touch and ladder but also FX/CFD. The fairly new Spot Follow is also available if you want to follow other trader’s successful trades. The point I want to make once again is that these features are readily available on other, better respected, brokers so not really an “extra” for this broker.

 

 

ImperialOptions Overall Ratings: 50/100

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