From the limited information on the XO Option website, we understand that XO Option was launched in 2017. XO Option offers customers the possibility of trading binary options in more than 100 assets/financial instruments, on a web based binary options platform. The underlying assets include Forex currency pairs, Commodities, Indices and Stocks,
We wish to make it clear that XO Option should NOT be confused with a similarly named binary options broker operating with the name ‘Options XO’
Despite an extensive search of the XO Option website, we could not find the company name and address of XO Option published anywhere. Neither did we see a company registration number or information about licensing and regulation of XO Option. In our opinion, the website is not sufficiently transparent. Especially as it does not publish terms and conditions for customers to read and understand before setting up an account at XO Option. Based on the information openly available on the website, we were not satisfied that XO Option is a trustworthy and reliable binary options broker.