Score
33option
Cyprus|5-10 years| https://33option.com/en/
Website
Rating Index
Contact
Licenses
Licensed Institution：B.O. Tradefinancials Ltd
License No.：216/13
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Cyprus
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Website
33option.com
Server Location
Hong Kong
Website Domain Name
33option.com
ICP registration
宁ICP备18000198号-1
Website
GRS-WHOIS.HICHINA.COM
Company
HICHINA ZHICHENG TECHNOLOGY LTD.
Domain Effective Date
0001-01-01
Server IP
202.56.13.32
Genealogy
VIP is not activated.
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Company Summary
Note: 33option's official website: https://33option.com/ is currently inaccessible normally.
| 33option Review Summary | |
| Founded | 2013 |
| Registered Country/Region | Cyprus |
| Regulation | CySEC (Revoked) |
| Market Instruments | Stocks, indices, forex and commodities |
| Demo Account | ❌ |
| Trading Platform | TechFinancials |
| Min Deposit | $250 |
| Customer Support | Email: service@33option.com |
| Phone: 357 25 040 120 | |
| QQ: 4008383733 | |
Founded in 2013 and based in Cyprus, 33option is a European binary options broker. It supports trading in stocks, indices, forex, and commodities on the TechFinancials binary platform with a minimum deposit of $250. However, the broker lacks legal regulation from official regulatory institutions.
Pros and Cons
| Pros | Cons |
| Multiple tradable assets | No legal regulation |
| Multiple payment options | Limited info on trading fees |
| Unavailable website | |
| Lack of transparency | |
| No demo accounts | |
| High minimum deposit | |
| No copy trading options |
Is 33option Legit?
33option lacks legal and formal supervision. According to on-site investigations by surveyors, the physical address of 33option does not match the regulatory address.
Meanwhile, it is operated by BO Tradefinancials Ltd., a Cyprus investment company (CIF) that was licensed by the Cyprus Securities and Exchange Commission (CySEC). However, its CIF license was revoked in July 2018. In addition, CySEC has imposed a fine of €138,000 on BO Tradefinancials Ltd. for certain regulatory violations or liabilities.
What Can I Trade on 33option?
33option offers four types of market instrument: stocks, indices, forex and commodities. However, since it lacks legal regulation, trading these market instruments on 33option poses a high risk of financial loss.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ❌ |
| Stocks | ✔ |
| Mutual Fund | ❌ |
| Futures | ❌ |
Trading Platform
33option supports trading on TechFinancials, a platform developed by its sister company. This trading software is currently one of the leading binary options platforms and is entirely internet-based. It is equipped with some excellent risk management tools, allowing you to cancel executed binary option trades within three seconds.
However, you still need to remain vigilant because 33option lacks legal supervision.
Deposit and withdrawl
33option supports multiple payment methods: credit/debit card, bank wire transfer, Skrill, Neteller, Giropay, AstroPay, WebMoney, Qiwi, cashU, Sofort, and Ideal.
You can withdraw for free once every 31 days. Additional withdrawals will incur withdrawal fees of $30, or the equivalent in euros, pounds, or local currencies, depending on the transaction currency.
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- Cyprus Straight Through Processing(STP) Revoked
- High potential risk
Disclosure
Public Statement 18 of 2022 - B.O. TRADEFINANCIALS LTD. and DIGITALDAILYRETURN COMPANY
Country/Region
Disclosure time
2022-10-06
Disclose broker
Public Statement 2 of 2022 - B.O. TRADEFINANCIALS LTD. and TRADESPROFITS
Country/Region
Disclosure time
2022-03-10
Disclose broker
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