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EnterOption Broker Review

EnterOption Broker Review
Markus Silvester
This is a scam broker! Try HighLow instead! EnterOption is another brand of the WGM Services and smaller brother of the EZTrader. EnterOption gave us a chance to take a peek in this brokers main features, but we cannot recommend trading with this broker due to known and repeated issues (EZ Trader Scam) that got EZTrader... Read more
This is a scam broker! Try HighLow instead! EnterOption is another brand of the WGM Services and smaller brother of the EZTrader. EnterOption gave us a chance to take a peek in this brokers main features, but we cannot recommend trading with this broker due to known and repeated issues (EZ Trader Scam) that got EZTrader off our list as well as the fact these “values” seem to be reflected in the rest of the WGM Services which recently got its CySEC authorization revoked. During the EnterOption review we doubted the regulated status of the broker. As you will see in the rest of the EnterOption review, there are some good reasons for that.
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  1. This is a scam broker!

    Try HighLow instead!

    EnterOption is another brand of the WGM Services and smaller brother of the EZTrader. EnterOption gave us a chance to take a peek in this brokers main features, but we cannot recommend trading with this broker due to known and repeated issues (EZ Trader Scam) that got EZTrader off our list as well as the fact these “values” seem to be reflected in the rest of the WGM Services which recently got its CySEC authorization revoked. During the EnterOption review we doubted the regulated status of the broker. As you will see in the rest of the EnterOption review, there are some good reasons for that.

  2. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!

    Between 74-89 % of retail investor accounts lose money when trading CFDs
    Your capital is at risk

  3. EnterOption Special features

    EnterOptions states they “ launched its binary options trading revolution in 2008 and has never looked back”. It is nice to be future oriented, but attacking other brokers they copied the site seems a bit far fetched. However, binary options revolution is running strong because of enormous competition that make customers better off.

    We usually start the special features part of the review with praising regulated brokers, but due to fact that WGM lost its authorization from CySEC we wanted to check EnterOption license. The website states License 203/13, but if you google it and skip the EZTrader link, you will easily get to the CySEC site which states the license is suspended (no.174). Another reason we think broker is behaving

    dishonest is the fact that when one clicks on the “regulated” link in the upper right corner, there is no page behind it. We don’t think this is fair treatment of customers and their trust. EnterOptions offers its clients many interesting articles and a “Binary Options Magazine”. There are articles on strategy, guides, and more. Also with EnterOption review we saw that traders can replenish their accounts every Monday. Traders are encouraged to trade as much as possible during the week since higher the trading volume, higher the reward. They do provide the size of the reward in a reward meter, so traders can plan upfront.

    Traders who deposit $1250 and more are eligible for a $650 bonus. This can be seen in the FAQ which is somewhat hidden, see the rest of the EnterOption review.

  4. Try trading with an award-winning broker like IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs
  5. Testimonials FairForexBrokers Your capital is at risk

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  6. EnterOption Trading software

    The trading interface is really nicely set up. There are four trading windows and the theme provides for very visible price movement and it is really easy to use. All open positions are seen in the portfolio list below the trading windows. If one clicks the small magnifier icon in the top right corner of the trading window, the graph can be expanded to get a better view of the trade. This is really practical. EnterOption review showed us they really have a good platform, so even when someone copied it, its a good thing.

    The interface also has some neat tools such as the sentiment indicator and a financial calendars. Unfortunately the financial calendar site didn’t work as well, claiming the domain is blocked and someone should be contacted to resolve this. After the “regulated” link blunder, this didn’t look good for the EnterOption.

    There are really many assets one can trade with EnterOption. As our EnterOption review showed, there are more than 15 currency pairs, 4 commodities, 24 indices and 68 stocks.

    One can also read about signals with EnterOption, but this is a bit misleading. EnterOption review showed us this broker doesn’t offer signals, in fact they have many articles on signals but they refer to the technical analysis traders can do themselves, for examples by using info from EnterOption review of the market. This is not signals since the idea is to get trading tips from someone who has better expertise than the average trader or a auto trading system that generates signals

  7. If you want to trade with an award-winning licensed broker, we recommended using IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs

  8. EnterOption Support information

    EnterOption offers a nice system to get hold of customer support. If one wants to chat, a separate browser window will launch the service and in a few moments the support personnel will respond. There is also a phone option, works similarly. One can also choose the contact form, via e-mail. On the other side, we first thought there was no FAQ during our EnterOption review, but soon we found it on the “contact us” page.

  9. Try trading with an award-winning broker like IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs

  10. EnterOption Payment Methods

    Payment services with EnterOption are really numerous. For the EnterOption review we counted more than 60 services to deposit funds. All options are covered. The initial deposit requirement is minimum $200 but subsequent deposits can be min. $100.

    Withdrawals require minimum $100 which is not usual in binary options any more. Of the 61 services, 9 can be used to withdraw. EnterOption review showed us these are AmEx, Diners, Discover Card, JCB, MasterCard, Neteller, Visa and Bank Wire. Wire fee is EUR15 which is among the lowest in the industry. Withdrawals will be processed in 3 – 5 days. Once again we urge customers to watch for bonus policies when it comes to withdrawals, because this area is exactly why this broker is not recommended by FBO.

    The company behind EnterOption, as noted by this EnterOption review is WGM Services, registered in Cyprus.

  11. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!

    • FREE $10,000 demo account
    • Award-winning trading platform
    • Licensed and regulated broker

    Trade with an
    award-winning broker
    like IQ Option

     

     

    Between 74-89 % of retail investor accounts lose money when trading CFDs
    12. Your capital is at risk
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