KeyOption Broker Review

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KeyOption Review

Minimum deposit

Bonus

Maximum leverage

Year founded

Regulation

Trading platform

This is not a verified broker!

We do not recommend you trading with this broker. Its regulation and reputation is doubtful.

KeyOption is a more recently established binary options trading platform compared to other options but they have taken the industry by storm with world standard support offered in up to 9 languages available around the clock. broker with questionable reputation and we try to find out why.

They also have adapted the same industry leading tools utilized by more established players although including a couple of twists to help them boost their market share.

They have offered a lot of different incentives since their launch in 2020 to lure in new users and retain them with promotions as lucrative as offering sign up bonuses of up to $5000 in some account instances. questionable reputation and tend not to accept withdrawals.

KeyOption Scam Features and Tools

Accessing their website is easy and they have a clean interface that one can navigate through and find what they need with relative ease. KeyOption also made their platform accessible via mobile devices and that counts for the inclusion of busy traders who would rather trade on the run than sit and boot their computers up to trade.

KeyOption uses a system called Keystone to provide traders registered with them a variety of different and essential tools to profit from their trade activities.

  • Speed Master
    This tool offers a quick high return in as little as 60, 90 to 120 seconds of discovering profitable assets and transacting on them.
  • Classic
    Tool proving to be popular with beginners and has been known to create returns as high as 75% with little effort and informed decisions when investing.
  • One-Touch
    This feature is very profitable, with a proven track record of returns as high as 200%.
  • Touch/No Touch
    Reliable feature with the ability to mitigate market volatility and leverage on stability.
  • ProOption
    Relatively new and innovative tool that allows a trader to trade based on selected assets.

Scam Training Offered by KeyOption

Nowadays it is best for any new trader to sign up with a trading platform that offers training as part of the package for basic account types. With a lot of new traders coming into the game each day, it also makes too much sense for trading platforms to offer prerequisite knowledge training to encourage and boost the number of new traders signing up to their services. They have introductory courses engineered to turn a completely new and inexperienced trader into a profitable entity.

Their courses are staggered in such a way that one can select which course to enrol for depending with their current level of trading knowledge and experience. For the completely new to the game traders, they designed an Introduction to Binary Trading programme. This has made them a hot choice for new traders given their comprehensive and exhaustive content.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Good Choice for Beginners!
    Free Trading Education, Free Demo Account!
    Get a Sign-Up Bonus Now!

  • Binomo
    Binomo

    2nd in our ranking!

Relatively experienced traders can skip the introduction course all together to avoid redundancy and jump into the Binary options traders course. This is a course that builds on prior knowledge of trading and equips its participants with up to date skills to cope with trends and become a successful trader.

If one has undergone the above courses successfully and they have embedded in them the skills and knowledge that they are designed to, then the final advanced binary traders course is the next step. Here one is further polished to thrive using the tools provided by KeyOption and their extend support structures.

Education at scam binary options brokers is never good. We do not advise you to take courses at KeyOption.

KeyOption Scam Account Creation

The process of setting up an active account takes not more than ten minutes as you are asked for your desired username and password tied to an email address for communication purposes. Some of the communication will be about promotions and perks that new and current members all stand to benefit from. From bonuses effectively doubling your investments to huge investment boosts of up to $5000 USD upon confirmation and verification of any account type you create.

There are three types of accounts one can create and trade using:

  • Standard type of account
    This account has a minimum starting deposit of $300 and is currently matched with a welcome bonus of $250 accessible to trade with as soon as you confirm your communication email.
  • A Pro account
    As the name suggests this type of account would suit someone with knowledge about options trading. It has a minimum initial deposit of $1000 that is immediately matched with a bonus of $500 to kickstart your trading.
  • Lastly there is the option of opening a VIP account
    This account type avails a bonus of $2500 welcome bonus upon depositing the required $5000 initial trading capital.

The main differences between these accounts comes with inherited features tiered across them. The standard account has one available expert training session compared to unlimited sessions in the VIP account and a limit of 3 monthly sessions in the pro account. All accounts have access to the array of tools to trade with on the web and mobile platforms, risk management services and a video library furnished with tutorials to make trading with KeyStone easy for even a new comer to the stocks game. The VIP account stands tall with extended support beyond trading hours as well as an e-book library to help with lots of trading related topics. Most of it has the advantage of SMS signals that helps VIP account type members with an edge when trading.

Even though these account types seem to be good, the broker has questionable reputation and we do not advise you to trade with it.

KeyOption Scam Conclusion

Apart from good service practices, they have low limits to trading amounts, one can trade with as little as $5 and when profitable even initiate a withdrawal of amounts as low as $10. Couple these low limit amounts with a broad spectrum of cash deposit and withdrawal options, makes signing up with KeyOption a better option for new comers and experienced traders alike.

Their clearly defined terms and conditions are the type that one can quickly peruse and understand how important they deem funds security. Although still to undergo required regulatory procedures to gain availability in the United States of America and other huge potential markets for its business, they have gained a lot of ground for not so old trading platform.

This broker is scam, we advise you to sign up with reliable broker!

KeyOption Broker Review

Since its introduction about a decade ago, the binary options trade has grown fast. This growth has caught the attention of many traders and the general public at large. This is because this type of investment has been widely accepted as a good investment practice that has the ability of offering high returns on investment.

Its popularity has brought with it a large number of binary options brokers who wish to tap into this booming business that has a wide client base. Many brokers are driven by the aim of increasing their profit margins at the expense of their clients. This has created a lot of disgruntlement especially to traders who feel cheated by not so honest brokers. Most of these complaints are in the areas of poor investment decisions, on the part of the broker, withdrawal problems and poor customer support. Also of importance is the type of binary options robot that is used by many brokers some of which are out there to exploit any uninformed trader. There are many robots in the market and it is difficult to distinguish between the genuine and the not so genuine ones. Some of these robots are outright scams.

It is therefore imperative for a trader to be informed about the operations of the binary options trade before they commit their hard earned money with any broker.

About KeyOption

KeyOption is owned by Nuntius Brokerage and Investments Services and is based in Athens, Greece. They use the SpotOption trading platform where traders have the opportunity of choosing from more than 180 assets to trade with. Also featured are the Long Term, High Low, 60 Seconds options which also includes Ladder, Pairs and One Touch Options. The broker also offers binary options on Commodities which include Gold, Platinum, Oil and Silver. They also provide exotic currency pairs like the South African Rand, Singapore Dollar, Turkish Lira and also the Russian Ruble. Opening a new account requires a minimum deposit of 250 Dollars.

The broker features a number of account types which are specifically designed to suit the needs of individual traders. These account types include:

  1. Standard Account – This account offers up to 250 Dollars as a welcome bonus and does not have any standard fees and no commissions are charged here. Account holders here are entitled to a one on one training session with experts and an account manager for the beginner. There are all sorts of educational materials including video library, alerts and newsroom research. It is a good account especially to beginners in the binary option trade.
  2. Pro Account – This account is opened with a minimum deposit of 1000 Dollars and has a welcome bonus of 500 Dollars. It also does not feature standard fees and commissions. You are also able to access videos and other important updates as regards your account. It also features an account manager who is at the pro level.
  3. VIP Account – You need a minimum deposit of 5000 Dollars to open this account and you can be able to win back about 2500 Dollars in terms of welcome bonus. No standard fees and commissions apply here and also feature client protection insurance. It offers you all the features that are found in standard and pro accounts. It also features a Trading Central Reports and SMS Signals.

key option main page

How Binary Option Robot Can Change Your Life? Check This Out!

KeyOption Review

Minimum deposit

Bonus

Maximum leverage

Year founded

Regulation

Trading platform

The reputation of this broker is doubtful!

We do not trust this broker and do not recommend it to you.

KeyOption seems to be a binary platform that is seriously trying to position on the market and attract traders. Therefore we decided to have a KeyOption review, to determine their strong points as well as to seek potential off points that would prevent us from investing with them.

We turned to the official information first, as available on their web-site. So, they are a service offered by Nuntius Brokerage & Investment Services, an independent firm holding a license from Hellenic Capital Markets Commission (H.C.M.C). Nuntius is also regulated under MIFID law for reception and transmission of orders, execution of orders on behalf of clients, investment advisory, and investment portfolio management.

KeyOption Platform Review

The legal issues were checked, so let’s move on. Trading platform. For a platform that wants to “become a global brokerage company, focused on the interest of our partners and customers”, using an obscure self-developed, online platform seem at least strange. We wanted to know the traders’ opinion, and checked out some KeyOption reviews in this respect – conclusion: not many heard of it or used it. This is one of the first red flags. But let’s keep counting. Moving on to the trading procedures.

KeyOption demo account review: zero

Do you want to check out the platform before deciding to trade with them? Well, good luck with that. KeyOption broker does not provide such a solution. If you are interested in how the platform works or if you can adapt to its “uniqueness” the only solution would be to read the reviews (some less impartial than others, some free, some not) and determine from the pictures and comparisons with other trading systems if this is the solution for your needs. Rather primitive advice, we know, but it is the only possibility that we found at least to take a peek at the system.

KeyOption demo account is inexistent, they do have a picture of the platform and they expect you to decide right then and there if you like it or not. And just to help you make up your mind, you only have the “opportunity” to check out stocks, but not currencies, commodities or indices on the trading section of their website.

High stakes for low outcome

Well, let’s just say you are willing to give it a try and set up an account with KeyOption binary broker. They offer several types of accounts. The lowest starts at 500 USD, a rather high stake for this kind of blind trading, in our opinion. This is the micro account, while the standard starts from 1,000 USD. And for that type of account you do get a trading tutorial, and one-month access to trading central signals. For 2,000 USD (premium account) you gain three months access, and for 5,000 USD (deluxe account) you get permanent access. Of course.

KeyOption review of bonuses

This seems more or less regular terms and conditions, despite the fact that the mini account starts from quite a large amount. But for such high stakes, they must have some sort of rewarding system, correct? Most of such brokers have, so let’s check the KeyOption bonus system. Or, rather, the lack thereof. Because no, they do not offer such a system. At a certain point in time, the platform offered an alias of bonus, meaning a one risk free trade, but also at least 30% deposit bonus, depending on the type of account you had. The bonus could reach up to 100% of the deposit, but this was an option only for those having the VIP account (that doesn’t exist now, and that had a 10,000 USD deposit).

What happened to this bonus system? No one knows. The only certainty is that such an offer is off the table now, and all the accounts are bonus free. This makes our KeyOption opinion to gather more and more negative points. First of all, it is rather peculiar to have such an incentive system in place and then to drop it altogether, without replacing it with some other solution to reward, and, ultimately, to retain those who decide to trade using your platform. Worst-case scenario: the broker became overwhelmed with the amounts it had to pay its traders and decided to drop it. But this is just a speculation. The fact remains: you need to trade quite large sums, but with no incentives whatsoever.

Phishing practices?

Moving on, the brokers’ voice on this platform doesn’t have a very nice tone. KeyOption opinions from those who actually trade tend to be less than favoring. More and more tend to apply the scam etiquette due to a few facts that shatter their confidence. Some of the reviews say this is a phishing like product, with so-called employees that call potential investors from private numbers to try and convince them to place their money through KeyOption, promising sky-high winnings. Disturbing is that they know the trading history on other platform for the respective investor. Accessing these kind of information is anything but correct business conduct, but it may be some isolated incident.

KeyOption review of currency values

Before concluding, we leave you with this “fun” fact: in their FAQ section, they announce the minimum deposit amount is of 250. And here is the trick: in the currency of your choice: USD, EUR, GBP. For such an experienced broker, understanding that those currencies do not value the same, is disturbing. Not to mention that the minimum deposit amount doesn’t match the one they announce in the specific section of the site (500 USD).

Rounding up: they decided not to invest in a reputable trading platform, they stopped offering bonuses, and they use rudimentary techniques to reach potential investors. All in all, we do not believe this is a recommendable platform, but rather seems to be KeyOption scam. Too many cons and too little pros to take the risk with this platform. We advise you to register only with reliable brokers, you can check them in our binary broker reviews.

The reputation of this broker is doubtful!

We do not trust this broker and do not recommend it to you.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Good Choice for Beginners!
    Free Trading Education, Free Demo Account!
    Get a Sign-Up Bonus Now!

  • Binomo
    Binomo

    2nd in our ranking!

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