This review is a warning about a series of scam brokers: MicroTrade Options, OptionBase, ForxOption, 99proOptions, IconOption, GoldFields Exchange, Access Trade Options, MxOptions and 24OptionBN.
MicroTrade Options, OptionBase, ForxOption, 99proOptions, IconOption, GoldFields Exchange, Access Trade Options, MxOptions and 24OptionBN is a mix of websites that act as brokers and/or investments services.
The majority of them offer some kind of automated returns, you allegedly can get hundreds of percent in a few days with them. They all also claim to be regulated by the CySEC.
MicroTrade Options, OptionBase, ForxOption, 99proOptions, IconOption, GoldFields Exchange, Access Trade Options, MxOptions and 24OptionBN scam
The reality is that all these websites are scams, fake brokers, traps for investors. They want your money and they will use all sort of stories to convince you to deposit more and more, but they will never let you withdraw anything.
As you can see on our picture, these scams often use the same website layouts, only the names and logos change. That was the first giveaway that they all are connected in some way. But that’s not all.
Not regulated
The second connection between MicroTrade Options, OptionBase, ForxOption, 99proOptions, IconOption, GoldFields Exchange, Access Trade Options, MxOptions and 24OptionBN is their claim about being regulated by the CySEC. It is a big lie.
The licence numbers these websites show are either fictitious or belong to some other real broker that has nothing in common with them. These services simply are not regulated at all, therefore they are automatically illegal in most countries, since they provide investment services.
The truth
The truth is that all these websites are just tools to take your money. They will promise you guaranteed, big and quick profits. They will push you to deposit more and more money and they might show you fake profits to convince you to do that.
When you ask them for a withdrawal, they will make up all sort of reasons why it is not possible, they might even ask you for more deposits to pay fictitious withdrawals fees.
In the end the money will be always flowing in one direction only, from you to the broker. These brokers will never pay you anything, because they are scams.
Conclusion
MicroTrade Options, OptionBase, ForxOption, 99proOptions, IconOption, GoldFields Exchange, Access Trade Options, MxOptions and 24OptionBN are scams with fake licences, stay away from them!
If you really want to trade to make money, start practicing on a free demo with a regulated broker.
Don’t trade with real money until you know exactly what you are doing and you understand the risks associated with trading with real money.