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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

Forbit Option

China China | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://forbitoption.com/

Website

Rating Index

Contact

https://forbitoption.com/

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
China
Operating Period
5-10 years
Company Name
Forbit Binary Option
Verified Site
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • forbitoption.com
    104.18.37.67
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

Company Profile

Company Profile

Review summary

General Information & Regulation

Forbit Option is an online broker registered in China, and it is not subject to any regulation at this stage. Please be aware of risks.

Market Instruments

Forbit Option offers three trading assets: forex currency pairs, options and crypto currencies. Tradable financial instruments on the Forbit Option platform seem quite average, as many other brokers can offer stocks, commodities and other trading classes.

Accounts

There is no trading accounts information displayed on theForbit Option website, nor the minimum initial deposit requirements.

Leverage

Trading leverage information is unknown. Since margin trading is full of risks, traders should be very careful to choose proper amount of trading leverage.

Spreads & Commissions

The spread on particular instrument is not given byForbit Option, even the benchmark of the EURUSD pair. According to the industry standard, the average spread of the EURUSD pair is varying from 1-1.5 pips.

Trading Platform Available

Forbit Option doesnt provide any specific trading platform.

Deposit & Withdrawal

Likewise, Payment methods are missing. Many other brokers would offer some convenient deposit and withdrawal methods like wire transfer, visa, Mastercard and e-wallets like skrill and Neteller.

Customer Service

The Forbit Option customer support team can be only reached through email as well as some social media platforms including Youtube, Facebook and Twitter.

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is Forbit Option a scam or a legit trading platform?

Forbit Option operates without any valid regulatory licenses for forex or binary options trading, a status that is considered a severe risk factor for traders. It holds an exceptionally low overall score of 1.54 out of 10 on WikiFX, and its stated business scope has been flagged as suspicious. This combination of factors indicates an operation with a very high-risk profile and a lack of credible oversight, strongly advising caution.

04-02
United States

Which regulator oversees Forbit Option?

Forbit Option is not overseen by any financial regulatory authority. It operates as an unregulated entity, which means it lacks the licenses from bodies like the FCA, ASIC, or CySEC that mandate client fund segregation, capital adequacy, and formal dispute resolution, leaving clients without standard investor protections.

04-02
United States

Where is Forbit Option registered?

The broker is registered in China and has been operational for an estimated 5 to 10 years, primarily serving that regional market.

04-02
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

04-02
United States

Apa itu WikiFX dan bagaimana membantu investor?

WikiFX adalah platform pihak ketiga yang menyediakan layanan pencarian informasi broker forex serta peringatan risiko. Platform ini mengintegrasikan informasi regulasi, umpan balik pengguna, dan riwayat operasional broker, serta melakukan evaluasi melalui model multidimensi untuk membantu investor memahami kondisi broker secara lebih menyeluruh.

In a week

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

¿Qué significa que un bróker tenga múltiples licencias regulatorias?

Cuando un bróker posee múltiples licencias regulatorias, generalmente significa que opera en diferentes jurisdicciones y debe cumplir requisitos normativos de varios organismos supervisores, lo que puede reflejar mayor capacidad operativa internacional. No obstante, la solidez de la supervisión puede variar entre reguladores, especialmente en el caso de licencias offshore. Se recomienda verificar si el bróker cuenta con licencias de organismos principales como FCA o ASIC y revisar su historial regulatorio mediante WikiFX.

In a week

¿Cómo se calcula la puntuación de WikiFX?

La puntuación de WikiFX se calcula mediante un modelo multidimensional que incluye el índice regulatorio, el índice de licencias regulatorias, el índice de capacidad operativa, el índice de control de riesgos y el índice tecnológico de la plataforma. La escala oscila entre 0 y 10 puntos. Además, la puntuación se actualiza dinámicamente en función de cambios regulatorios, tratamiento de reclamaciones y rendimiento histórico.

In a week
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
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