Regal Options Overview

Regal Options
Regal Options
Bonus: up to $75
Options Profability : 70-80%
Rating: 6.8 / 10

Basics

Broker Name: Regal Options
Platform: Tradologic
Founded: 2013
Bonus: up to $75
Return/Refund: 75-80%/0-15%
US Traders Accepted: Yes
More Regal Options Basic Information

Features

No. Of Assests : 100+
Regulated : Yes
Demo Account : Yes
Deposit Options : C.C., WireTransfer, more
Language : English Only
Minimum Deposit : 200

Screenshots

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Review Last Updated 2013-11-28 11:28:51

Editor’s Note – Why does Regal Options Suck in 50 Words?

This broker might suck because it is just another white label, and not even an original one. If the broker looks familiar it’s because it is nearly identical to Cedar Finance. Both of these brokers are owned by T.B.S.F. Best Strategy Finance based in Cyprus. Too many new brokers are taking the easy way out and just coping one broker from the next. What are we getting? The same old thing if that much.

 

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Why Regal Options doesn’t Suck?

This broker might not suck because it is regulated. Moreover, Tradologic is one of the leading providers of binary options platforms and has some of the best features on the market today. And all that comes with the security of CySEC and EU regulation.

 

 

RegalOptions Full Review – Another Look At The Same Old Thing

For starters, this broker is actually two brokers. Finopex and RegalOptions merged into one full service binary options broker. The new firm is headquartered in France and CySEC regulated. The platform is powered by Tradologic, a leading provider for brokers across the globe. The web site has a good look, and at first glance was quite familiar. It took me a little while to figure it out but it is based on the same design as CedarFinance, especially the home page. Moving past that the website is easy to navigate and the platform simple to use. Available options include digital call/puts, one touch, range and Turbo options. Turbo is the name given to 60 Second trading on this web site.

 

The broker has a very full asset list. It includes all the major indices from around the world, over a dozen commodities including coffee and sugar, 13 major forex pairs and over 100 stocks. Trading can be done 24/7 depending on which asset and option type you are using. Pay outs range from 75-81% for standard digital positions but can be much higher for one touch and range positions. Assets are listed in a scroll down menu to the side of the screen, different than what you find most places. When you click on your chosen asset it appears in a trade box to the right. This trade screen is identical to what you would expect to find with the average broker. You can choose high/low, trade amount and expiry. Other information shown includes trader sentiment and returns.

 

Banking is pretty standard for the industry. Deposits can be made by credit card, several international money services and by wire transfers. Deposits made by CC, Skrill, Nordea, iDeal and other methods post immediately but wire transfers will take up to 5 days to post. Withdrawals require the usual identification documents and take up to 14 days to credit once processed. There are no fees charged for withdrawals by the broker except for wire transfer which is $25.

 

 

Is RegalOption A Scam?

I don’t think so but there are much better brokers out there. There is no indication of fraudulent activity but this broker is still too new to really be competition for the likes of OptionBit, Cedar or the top Tradologic binary providers. The broker is regulated by CySEC so it really is unlikely that it is a scam but regulation doesn’t necessarily mean the broker is any good, only time will tell us that.

 

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Regal Options Complaints

I could not find any objective third party reviews of this broker, only SEO affiliate marketer web sites. This is not a reason to doubt the broker per se but does raise a red flag. Someone somewhere out there has something to say I’m sure . . . It is possible the broker is just so good that it doesn’t suck ever but I don’t buy that. Until I can find some real reviews by real users final judgment on this broker is withheld.

 

Regal Options Withdraw

Withdrawals are easy and for the most part free. The only withdrawal fee is $25 charged for all wire transfers. Of course ID is required and you will have to submit all documents before making withdrawal but there is nothing new about that. Once the request is submitted it will take 3 business days to process and then 1-5 business days to appear in your account, according to the terms and conditions. Elsewhere, in the FAQ’s, it says 5-7 days for payments to appear. After thorough review, the information is a little misleading; it looks like after ID is accepted it will take 14 days for withdrawals to post in your account providing no other factors come into play.

 

Regal Options Bonus

Signing bonuses and other reward programs are available. Deposit bonuses must be requested upon sign up from your account manager. The bonus structure ranges from 25% for accounts up to $1000, 50% for accounts up to $5,000, 75% for accounts up to $10,000 and VIP bonuses for all accounts above $10,000. The trading minimum is 30X the bonus and may include volume minimums on the original balance and time constraints as well. Each bonus is different so you will need to check the terms for each one. It is a little confusing if you can actually clear the bonus for withdrawal because in one place the terms clearly state that “Any bonus is for trading purposes and can not be withdrawn”.

 

 

Regal Options Ratings

User Friendly 18/20

This is a well laid out and easy to use broker and platform. On a user friendliness scale it is tops. Of course you have to keep in mind this is not the first to use this layout or interface, it’s a copy. You can choose this broker for ease of use but a better choice may be the broker they copied from. English Only.

 

Number Of Assets and Expiry 15/20

They have a full list of assets including all the major international indices, all the traded hard and soft commodities, all the commonly traded forex pairs and over 100 international stocks. Expiry ranges from the 60 second turbo options to end of the day, tomorrow and end of next week. Expiry is a little limited in my opinion, there are better choices than this.

 

Commission, Support And Returns 15/20

There are no commissions with this broker like with all on line binary options brokers. Support includes live chat and account managers. The live chat is nothing special, don’t expect to talk to anyone for real unless your account has plenty of funds in it. Returns are average and range 70-80% for high/low positions. Touch and range positions can pay more, up to 150% of investment.

 

Deposit, Payments And Bonus 15/20

Deposits are easy, they always are. Credit card, wire transfers and a variety of other international on line payments are accepted. Credit card and digital transactions will post to your account immediately while wire deposits take up to five days. Withdrawals will take up to 14 days according to the website which should hold true if they want to keep their regulated status. Bonuses are available and come with a 30X trade minimum, time limits and other requirements per each bonus. You will have to contact the broker through your account representative in order to get the bonus and for exact details on your specific package.

 

Website Extra’s 5/20

There are no extra’s here that I can identify. And if there were they would probably be copied from somewhere else anyway. You need a real innovator to create something truly extra, not a copy cat. All the regular features, expiries and options.

 

 

 RegalOptions Overall Ratings: 68/100

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3 Responses to “Regal Options”

  1. James Morkoski says:

    I’m not comfortable with with the notion that I am not able to withdraw and received uncommitted funds within a day or 2 at most. Some Options Brokers guarantee availability of my uncommitted funds within a day’s time. Why is your policy different in this regard?

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  2. Mark says:

    I too tried The Big Cash giveaway but I didn’t accept the bonus. Every trade was a loser so I stopped it and traded manually to win my money back. I was pleased with the fact that I ACTUALLY WON with my limited skill set. I am still learning to recognize trends and best entry points. I work days during some of the best trading hours and really want a reliable robot to help take advantage of day trades. Please, if anyone knows of reliable autotrading robot, let me know. I’d be very appreciative. Thank you.

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  3. Mark says:

    Deactivation of your account Inbox Priority Inbox

    RegalOptions __________________________________ Type your response ABOVE THIS LINE to re… 10:05p.m.

    To: RegalOptions 10:39p.m.

    Thank you, but I doubt you’d here from me again. My money being deposited is and never will be an issue…that’s the easy part. You taught me a lesson though. As far as Mozilla browser? Your a day late with that info and I’m a dollar short, lol. Thank you so much. Karma is a bitch though. Take care and hopefully u get to keep your day job with my eight bucks and change. I did really like u guys. Se la vie, *sigh*

    Mark

    ▼ Hide quoted text On Jul 7, 2014 10:05 p.m., “RegalOptions” wrote:

    Type your response ABOVE THIS LINE to reply

    Mark Hanna Subject: Re: Only 6 days left. Please, hurry

    JUL 08, 2014 | 02:05AM UTC Sandra Kilroy replied:

    Dear Customer,

    We would like to inform you that your account at http://www.regaloptions.com is already deactivated.

    If you will change your mind and would like to trade again, please contact us via Live Chat, phone or by sending us an e-mail (support@regaloptions.com) and we will reactivate your account immediately.

    We hope this is of assistance.

    DEPOSIT ISSUES

    Dear Customer,

    We kindly inform you that we highly recommend you to use a Google Chrome or Mozilla browser as Internet Explorer is not compatible with our trading platform.

    If you face any difficulties when making a deposit via our website, you should try again within a few minutes as it sometimes happens that banks have issues with processing transactions and decline some of them automatically.

    As we value your time, you can always contact us with your deposit issue via phone, Live Chat or e-mail (support@regaloptions.com) and we will be very happy to assist you further.

    Phone numbers:

    International: + 1 646 2332839 International: + 1 646 7412467

    For your convenience we are available 24 hours 7 days a week.

    We hope this is of assistance.

    Best Regards, Support Team

    JUL 08, 2014 | 01:42AM UTC Mark replied: Oh, one last thing….I promise, because I know you will read this as your support team gets high marks. You can weed out scam artist on The Peace Army or Binary Options That Suck.com before accepting new partners. They could seriously damage your reputation. So far Regal Options have no bad reviews and there are sites just waiting for u to screw up. Don’t let it happen. Stay Blessed.

    Mark

    JUL 08, 2014 | 01:33AM UTC Mark replied: PS, I’m just a regular guy trying to learn the trade and make an extra buck. Not someone that cries wolf every time he has a loss. I’m just disappointed in you guys, that’s all. I was having fun for a minute though, win or loss. Thanks for that. You do have a very user friendly site. And good customer service response. But like I said. You don’t have to worry about negative reviews from me. It’s the other folks that had the same experience that are more likely to try to ruin your rep. I personally like you. That’s why I said “Just close my account and keep the change”. Not worth the time and effort. Also, I think you are better than those scam associates like “The Big Cash Giveaway”….. please don’t associate yourselves with those types… You are better than that! I hope…

    Mark

    JUL 08, 2014 | 12:21AM UTC Mark replied: USD/JPY hit a very low point after the drastic downward spike that must have hit many people for a loss. I bought in for five minutes ABOVE and guess what….I still lost. Rediculous! I’ve questioned the drastic spikes in the past but to no avail. I just shrugged it off and accepted the loss. Now I felt targeted for a measly 25 bucks.I’ve heard of this kind of thing happening but NEVER rushed to post a negative review about Regal Options. But over the months I’ve been with you One starts to notice small pattern but not to worry I will not write a review about you as I never tried to make a withdrawal which is the ultimate determination to classify as scam.

    I humbly accept my losses even though I feel slighted by your company for a minimum of $75 bucks. Hardly worth crying over but the principle of the matter is I knew I was making a profitable trade even when prompted that I couldn’t make a trade by you (Regal Options). Only to have the EP bumped up or down before my trade was accepted. Hope that explains enough.

    Mark

    JUL 07, 2014 | 11:40PM UTC Sandra Kilroy replied:

    Hello,

    Thank you for contacting us.

    Can you please provide me with the reason why you would like to close your account?

    If you need any further assistance do not hesitate to contact us via e-mail, chat or phone.

    Best Regards, Support Team

    JUL 07, 2014 | 11:26PM UTC Original message Mark wrote:

    With that last downward spike I think I’m done. You can close my account and keep the change. Was fun for a while though…

    Mark On Jul 7, 2014 6:15 a.m., “Regal Options” wrote:

    > 7 iPhones 5S still waiting… [image: Regal Options] > > [image: tel] +1 16 467 412 467 [image: www] http://www.regaloptions.com > [image: > You haven’t entered this draw yet…] [image: and these 7 spanking new] [image: > 7 iPhones 5S] [image: are still waiting to be] [image: given away…] [image: > WIN iPhone 5S] > > > [image: > This phone is going like hot cakes.] [image: Come and get it for FREE!] [image: > ONLY 6 DAYS LEFT!] * This promotion applies to deposits made until > July 13, 2014. > Product specification and the general Terms can be found here > > . Terms & Conditions > > Privacy Policy > If > you don’t want to hear from us anymore, we kindly ask you to use our > one-click UNSUBSCRIBE > > . >

    This message was sent to mhannaus@gmail.com in reference to Case #: 127423.

    [[06a328f43f89a4aaa19070cdfd7422c5a9f1a8cc-260841703]]

    Mark Hanna mhannaus@gmail.com

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