TorOption was a Binary Options broker that offered traders the simple and easy to use SpotOption trading platform. But in December 2017. It discontinued offering Binary Options and moved to serve CFD trading. Now, it deals with Bitcoin, Litcoin, Dash, and all major crosses associated with Bitcoin.
Is TorOption A Legit Platform?
A legit broker gets their license from the Financial Conduct Authority (FCA) in the UK or the ASIC in Australia to run legally. But as per our research, this broker is an unregulated and offshore one. It is not at all reliable and abuses regulations. Therefore, we suggest you not to make any kind of deal with it.
Is It Safe To Invest With TorOption?
Many investors have already made complaints about their money getting blocked with TorOption scam and not getting any way to withdraw it. Trading with such a broker increases the chance of losing your money as it is nothing just a big scam. Hence, your money is not safe with it.
How To Recover Your Money Scammed By TorMoney?
If under any circumstances you lose your money to TorOption, you can report against it to any of the fund’s recovery companies recommended by us. They will make sure that you get your entire money back.