PiOption is a binary options broker owned and operated by Fargo Zone Solution Ltd, with an address at Financial Service Center, Stoney Ground, Kingstown, St. Vincent & the Grenadines.
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PiOption Platform
Binary platforms are the interface where the trading on assets such as commodities, currencies, stocks or indices are done. A good binary options platform should have charting tools and indicators, it should also be easy to use and very fast in executing trades. Pi Option broker uses the SpotOption platform, it has a huge range of assets to trade on. The binary options type offered by this platform are the Regular binary, 60sec, Long Term, Ladder, One touch, Limits and pairs, they also offer Forex and CFD trading.
Withdrawal and Deposit Method
PiOption withdrawal and deposit methods could be carried out by the following means: Visa, Bank Wire transfer, MasterCard. PiOption minimum deposit is $250.
License and Regulation
PiOption is NOT a licensed broker. This means there are no regulatory bodies that monitors their activities to ensure they stick to best practices. Complaints about these unlicensed brokers are withdrawal issues(not being able to withdraw your money) and since they are unlicensed and unregulated, no regulatory bodies can fight for you, so you are left helpless. This is a source of major concern.
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SCAM ALERT!! WE DO NOT RECOMMEND PiOption. There are lots of scam brokers. They make it difficult for you to withdraw your profits. We recommend you Visit a Trusted LICENSED Broker