Malta Option Broker Review

Malta Option Broker Review
Petar Nola
MaltaOption is a binary options broker that takes the brand of the mediterranean island in the binary options space. What we managed to see in this Malta Option review is that there is little chance the broker has any real relation with the island state. Many dialogues show cyrilic script making us think that the... Read more
MaltaOption is a binary options broker that takes the brand of the mediterranean island in the binary options space. What we managed to see in this Malta Option review is that there is little chance the broker has any real relation with the island state. Many dialogues show cyrilic script making us think that the broker is actually run by Russians or some other Eastern European company. The company is not clearly stated on the website and the closest thing to a company name was Capital Spot Trading Ltd, which is listed in the regluation certificate by some "Financial Commission". The name itself seems to be a word play on popular and regulated binary options company Spot Capital Markets Ltd, which has several brands. The company listed in the footer of the website is Spot Option Technologies Ltd, which is just the platform provider.  The "certificate of membership" names as the starting date the broker got the 'license' January 2013, which we doubt is true, as we doubt the claim of any regulation.
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  1. MaltaOption is a binary options broker that takes the brand of the mediterranean island in the binary options space. What we managed to see in this Malta Option review is that there is little chance the broker has any real relation with the island state. Many dialogues show cyrilic script making us think that the broker is actually run by Russians or some other Eastern European company. The company is not clearly stated on the website and the closest thing to a company name was Capital Spot Trading Ltd, which is listed in the regluation certificate by some “Financial Commission”. The name itself seems to be a word play on popular and regulated binary options company Spot Capital Markets Ltd, which has several brands. The company listed in the footer of the website is Spot Option Technologies Ltd, which is just the platform provider.  The “certificate of membership” names as the starting date the broker got the ‘license’ January 2013, which we doubt is true, as we doubt the claim of any regulation.

  2. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is FXMasterBot, a trading software that lets YOU choose the broker and also provides fast, reliable and FREE trading signals!

    Your capital is at risk
  3. MaltaOption Special features

    Malta Option offers several type of account for customers. The minimum deposit is $200.

    MaltaOption Red Account

    • is the basic account without most important features
    • no bonuses
    • access to all assets
    • no webinars

    Funny thing about this account, as stated on the MaltaOption website is that withdrawals are not available. We take it its just bad translation, but its funny nonetheless. Also we dont know how much one needs to deposit / we would take it its the minimum deposit, however, the next account starts with $200.

    MaltaOption Silver Account

    • from $200 deposit
    • up to 50% bonus
    • 48h withdrawal processing
    • 25% of deposit can be risk free trades
    • some monthly signals

    MaltaOption Gold Account

    • from $500 deposit
    • up to 100% bonus + bonus codes
    • 24h withdrawal processing
    • account manager
    • webinars
    • unlimited signals

    MaltaOption Platinum Account

    • from $1000 deposit
    • up to 100% bonus
    • contacting account manager daily
    • Analyst support
    • VIP webinars
    • 50% risk free trades
    • unlimited signals

    Overall, we tried to take a look at MaltaOption T&Cs to find bonus terms, however, we have found some unsettling information. Please read the last section of our review to find out more about MaltaOption withdrawal conditions.

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  6. MaltaOption Trading software

    MaltaOption uses the SpotOption platform which has been the gold standard in binary options for years, however, after all the years the platform feels stale and it is clearly visible the company has put more focus to other projects, such as their forex trading solutions. MaltaOption offers more than 75 assets to be used as basis for trading on their platform.

  7. If you want to trade with an Automated Trading Robot, we recommended using FX Master Bot

  8. MaltaOption Support information

    Customer support is only reachable through the email and their ticketing system inside the trader’s cabinet. There is no live chat. The company claims the support is multilingual, but the way the website is translated to English, we have strong reasons to believe that may not be true.

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  10. MaltaOption Payment Methods

    As mentioned, the MataOption minimum deposit is $200 which is lower than the standard in binary options industry, however its higher than standard $100 in forex and CFDs industry. If you click “About Bank” on MaltaOption website, you fill find out the broker offers following payment methods:

    • Visa
    • Delta
    • MasterCard
    • Diners
    • Visa Electron
    • Maestro
    • bank wire transfer
    • WebMoney
    • Qiwi
    • Neteller
    • alternative payments (AliPay, Boleto, CartaSi, Trustly, PaySafe Card….)

    MaltaOption Withdrawal

    Withdrawals can be made using

    • credit cards
    • bitcoin
    • bank wire
    • WebMoney
    • Perfect Money
    • fasaPay
    • EgoPay

    Gold account holders will pay 3% withdrawal commission. However, as mentioned above, we have found some rather weird language about withdrawals in T&Cs. The broker states there that they will deny withdrawals to traders who do not trade. In a rather rude manner they explain

    the MaltaOptionOptions is the foremost place to trade binary options.

    We are not a financial institution or the service to transfer funds – we provide a platform for trading.

    You need to continue trading with Your deposited funds.

    We expect our traders will make a Deposit to trade actively on their money.

    This goes against everything we stand for in fairbinaryoptions.com – traders should always have access to their money, even if they decide not to trade after all! There is even a cap of 40 trades that need to be undertaken by the trader so she can withdraw any money! And then, the minimum withdrawal, according to T&Cs “can be 100 USD”.  If you were thinking of leaving your money with this broker, we are sure there are better alternatives, just take a look at our broker list.

  11. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is FXMasterBot, a trading software that lets YOU choose the broker and also provides fast, reliable and FREE trading signals!

    • Choice of reputable brokers
    • Free forex & crypto signals
    • Advanced trade settings

    Try a simpler
    way of trading
    with FXMasterBot

  12. Your capital is at risk
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