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Global Option Overview
| Global Option |
| Bonus: up to %30 |
| Options Profability : 70-85% |
| Rating: 5.6 / 10 |
  |
Basics
| Broker Name: | Global Option |
| Platform: | EZTrader |
| Founded: | 2010 |
| Bonus: | up to %30 |
| Return/Refund: | 70-85%/0-10% |
| US Traders Accepted: | Yes |
Features
| No. Of Assests : | 55 |
| Regulated : | No |
| Demo Account : | No |
| Deposit Options : | C.C., WireTransfer, MoneyBookers, and more |
| Language : | English Only |
| Minimum Deposit : | 200 |
Screenshots
Review Last Updated 2012-11-04 12:44:46
Editor’s Note- Why does Global Option Suck in 50 Words
There’s some a little too simple, maybe just unattractive, about GlobalOption trading platform. There are very few trading options, not to mention trading tools. Compared to other platforms, GlobalOption’s trading platform is a bit lacking.
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Why GlobalOption doesn’t Suck in 50 Words
From my experience, GlobalOption’s trading platform represents the beginning of Binary Options. Simple call/put options with fine returns, only very simple strategy is required. Beginners might enjoy learning trading on that kind of platform, but they can also learn it in many other places.
Global Option Full Review- Still looking for trading tools
Global Option is operated by WGM Services Ltd since 2010. Global Option is based on Ez Trader platform which is a 100% web based so there’s no need for any software to be downloaded. The homepage is quite simple, with no extras or over information, clean and organized. The asset list available to trade is shown directly in the landing page, but unlike most other Binary Options Brokers, the assets are divided into different groups: currencies, commodities, indices, EU-US-Asia stocks and long term asset. It took me awhile to understand and to find exactly the asset I want to trade, but overall it seems like a nice idea which could be easier to use with some slight adjustments. Why does Global Option Suck? Because it has nothing real to offer a trader, beginner or expert, young or old, risky or boring. Absolutely nothing. I find Global Option not recommended for any trader. From the first look at the asset list, I couldn’t find any charts and history. The only option to view some details about the asset is to press to asset tab and then you’ll see the Yahoo Finance information about the asset. That’s totally un- comfortable and unprofessional. Not only that there’s no information about the asset in Global Option website, there’s no live news feed, no market news, no nada. Now that’s only my first look. When I kept digging I couldn’t have not noticed that there’s no complete asset index and the glossary is fairly un-satisfying. I can be even crueler and talk some trash about the FAQ section tragedy, as every click on a question links the viewer into another page, and if you want to go back to questions area you have to backspace (such an unnecessary link), but I’d rather stop here since I’m not an animal. I’m just an unsatisfied costumer.
Is GlobalOption a Scam?
I finished the last paragraph talking about issues that are usually linked with learning Binary Options. So I want to start this paragraph with a dismay- Global Option tutorial sucks. I don’t know if the worst I have seen, because I’ve seen some bad tutorial, but this one is certainly top 3 at worst tutorials ever. Global Options tutorial is basically a written article with a few photos and expiations about trading, nothing more. Forget about learning Binary Options with Global Option. I don’t know where Global Option is headed. I really don’t see any reason why should I recommended anyone, not even my enemies, to trade with them. I did notice the great expiry time which are above the average for most brokers- you can for hours, days or even a week. Now that part made me even more suspicious about Global Option intentions- is Global Option Scam? Maybe they play with traders? If I had no idea what Binary Options are, and I had fallen into Global Option scam and made a deposit, foolishly, I’d probably be thinking that this game is nice, very much like sports gambling. But be warned- Binary Options isn’t anything like sport betting. It’s much more sophisticated and should be treated this way. Global Option is trying to make a fool out of us, investors. But I can say for any Binary Options trader once and for all- We want more! We want statistics and information so we can make a calculated investment. Global Option doesn’t give trader what they need, and that’s really the best I can say about them.
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Global Option Complaints
Binaryoptionsthatsuck.com always recommends potential traders to perform a simple background check before depositing. It’s simple, just type broker name and complaints, scam, alerts, etc. Search for any comments and try to learn from them. We searched for GlobalOption complaints and here is what we found – We found one very bothering complaint in a few forums, some people a warning about a potential GlobalOption scam. It could be their competitors, but worth checking.
GlobalOption Bonus
Bonus is quite big at GlobalOption, up to 50% bonus for initial deposit. However, the wager for the bonus is fair – only 5 * deposit + bonus.
GlobalOption Withdrawal
When it comes to withdrawal, most review sites just don’t talk about it. Bots.com always checks out withdrawal restrictions. The withdrawal policy at GlobalOption is a little blur, we couldn’t find sufficient info. Check it out before depositing.
Global Option Ratings
Since 2010. Trading Assets- 55 trading Assets. Minimum Deposit -200$. Payment- Credit cards, moneybookers. Options Profitability- 70%-81%. Out of money option refund-0-10%. Platform: EZ Trader. Languages- English. Demo- NO.
User Friendly 11/20
Global Option is 100% web based EZTrader platform, so there’s no need for software to be downloaded to the PC. The trading area is the site’s landing page; the design is clean and organized. The downside is the lack of information about assets, which simply doesn’t exist. The glossary and FAQ aren’t welcoming, and the tutorial one word is- lame. Oh and, only English please.
No. of Assets and Expiry time 15/20
Total of 55 Assets: 31 stocks, 9 currencies (forex), 4 commodities, 11 indices. Global Option variety of assets is average and sufficient, and there’s an extra future options option that stretches the expiry time from between hours to one week. The future option is a refreshing trading tool.
Commissions, Support and Effective return 11/20
Global Option Don’t charge any fees or commissions from investors when they first deposit or purchase options. Global Option support is available via 2 international numbers in the USA and UK (Only English), call back or via email. The live chat service was a bit slow but polite, available 24/7. The effective return is among the average in the industry with 70%-75% In-The-Money return for most assets, while the Out-of-Money refund is between 0-10%, mostly 5%.
Deposit, Payment and Bonus 11/20
Global Option Minimum deposit is average – 200$. Deposit is available via C.C., or moneybookers. Withdrawals are not limited to a minimum withdrawal .Withrwalas are generally available via C.C, moneybookers or wire transfer. Global Option offer a bonus of up to 35% for 700$ deposit, but only 14% bonus for 500$, which is usually the minimum for bonus.
Website Extra’s 8/20
Global Option doesn’t really have any special or extra feature, expect maybe of the sentiment bar, which shows where most investors do (Call/Put percentage), but that’s about it.
Global Option rating: 56/100
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Whatever you do stay away from this site. I got an e-mail about trading and global options was one of the editors choice it was my first time trading so decided to give this a try I deposit money into my account. I read the frequent questions and it stated I coup withdraw my money without any minimum limits so I quickly figured this wasn’t for me so I tried to withdraw my cash but they have refused to repay me I’ve sent them numerous e-mails but I just keep getting the same e-mail them that says all of my banking information. I called on the phone with the category that handles withdrawals had a error message when the key pressed. I had to connect to another department to speak to someone from global options after calling a couple of times on a few of days I soon realized that the website is run by one person. He told me that he could not refund my money because my bank did not allow it, yeah right okay, like this is the first time I’ve got a refund from something I purchased online. After a brief argument he said I would have my money by Monday it is Monday and still nothing. So if any of you are thinking of trading with this company think again global options is unprofessional, unethical, untrustworthy. And they must be scum if they were willing to steal, yes i said STEAL a measly hundred dollars from a honest customer.
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Hi a question for Zayden did you get your money yet was thinking of joining is it a scam.
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i just joined this site, ( global options) tried to deposit but it wouldnt let me, anyway a few hours later i recieved a phone call from my bank, about fraud warning, about 2 payments from my card one was £10 to sky bet wich i often use and the othe from the option, or one option cant quite remember, from israel, they had tried taking £256.30 from my account. not sure if this has anything to do with that site but seems wierd after i had just tried depositing, i tried to deposit £200 as i believe thats the minimum correct me if i am wrong it was my first attempt with this sort of stuff (and last) waiting for a call back from my bank to talk about this.
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I deposited $100 with GlobalOption.com in May 2012.
When I tried to withdraw $1200 on June 25,2012 they first said that they didn’t get my bank information. Then they said they had the information and that I would have my money soon. It has now been 13 business days and my withdrawal is still pending. When I call their number I am told that I will have it soon. Is anyone being paid ?
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Orville Losey, I really hope you get your money!
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I deposited 300 into the account,when I viewed my account it showed a 0 bal. I have been trying chat an no respnse
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Thanks for exposing this company and saving me headaches and money.
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I deposited $300.00 on 9/21/2012. I just emailed CFTC who regulates this business here in US asking if Global Options is a legit company or not. I will post here when I find out.
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I also deposited money in a new account at Global Options. Tried to do $100 but was told $300 was the minimum amount to begin trading. After quickly losing $50, I decided this was NOT what I’d been told it was, (by another online scam artist: Thomas J. La’Rouque) and went through the process of withdrawaling my money. They wanted me to download a form and submit it by fax or email with my ID and credit card image included, (credit card all but the last 4 numbers were covered). They’ve sent numerous compter-generated emails saying my withdrawal would be processed “in 3 days, OR LESS.” It has now been almost two weeks and nothing. I can’t get through to anyone on the phone or Live Chat, even though they claim to be able to be contacted “virtually anytime.” This company is a complete SCAM and I implore EVERYONE to have NO DEALINGS WITH IT WHATSOEVER!!!!
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I have tried to withdraw money from my account……one fax number is always business and the other is disconnected. When emailing the requested forms, it came back undeliverable. Also, I have yet to actually speak to a customer service rep. I want my money and I believe this is a rip off!!
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Like others are saying, Global Option is a rip off scam site, they conned my wife and I out of £1000.00 and the guy had the nerve to chat with us on the phone, he sounded so professional, well the only thing he’s a profeessional at is being a scam artist, we were so gutted but have since joined 24 option which is a lot better and of course genuine, all the best, Joe
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Has any one been able to receive $ back for withdrawal? I think I am a sucker too and just joined! Have $1000 invested and talked to a Chris Marlen and a Tony-they both sound Indian maybe?
Anyone?
Should I go try to get my $ out???
I feel like such an as-! I even wondered to myself if this was a scam when I gave them my cc # for the 2nd $500 to get the financial advisor and bonus.
Please help!
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i asked for my money to be paid when thay came back they said that they had tried to pay the money back but the bank refused to take the money so i got intouch with the bank and they informed me that no one had even tried to pay money back. So i sent them my bank details again with a swift code and have hearde nothing since
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globalOption, yeah right. I have just tried to email them asking them to explain their withdrawal process is however I have got an email back from the postmaster saying the email I sent to support@globaloption.com was undeliverable. If you can’t contact support through their website, I say steer clear. Am not even interested in considering trading with them now.
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The last monday i deposited 3000 euros in GLobalOption. For error they double the deposit, and charge 6000 euros in my AMEX card. In a few hours, i guess 12500 euros and y ordere a withdrawal. GlobalOption don´t want pay me the money, they say that the business is dificult now and i have wait for do the withdrawal….They are not profesional and are not going to do the withdarwal
no deposit in global option¡¡¡
Excuse my English…
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Hi every one i know how you feel but check out thishttp://www.asic.gov.au/ASIC/asic.nsf…s?opendocument
i hope will be helpfull thank you
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Hi every one i know how you feel but check out thishttp://www.asic.gov.au/ASIC/asic.nsf…s?opendocument
i hope will be helpfull thank you this is scam and do not deal with this company at all be wear of this web site
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I have been trying for over thee months to withdraw from my account–I did receive my initial deposit back to my credit card, but have not yet received the balance of my withdrawal, even after many emails and phone calls,just keep getting same message–”in process”–not happy at all.
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I have problems getting my withdrawal. I have waited for 6 months now. I have sent them 6 reminders. Is my funds lost?
Remember this, they send email to you as from: “support@globaloptions.com”
But you cannot reply back with the same email address. You will then only receive an error delivery message.
The right mail address to use when contacting them: “support@globaloption.com”
(Without the “s” before -.com)
I’m still awaiting my funds.
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