So does Redwood Options Scam? Redwood Options provides a good service to our readers. Redwood Options has been on the market for almost a year now. There have been no reports of any fraudulent activity with Redwood Options. Redwood Options scam and complaints are not existing to our knowledge. More so, Redwood Options offers customer support not only to English speaking clients, but also to clients who speak Russia, French, Spanish or Greek.
This way they also avoid a lot of misunderstandings that can happen sometimes. Redwood Options uses simple and easy to use SpotOption software which can be used straight from the browser. All options are based on assets that are traded in the global markets. Prices are reported and used daily by millions of big and small investors, not just for binary options trading.
If Redwood Options were a scam, we would have known about it a long time ago. Trading binary options is operationally easy, but to do it strategically and with considerable success takes diligence and patience. There are many ways readers considering binary options trade can educate themselves. Fair Binary Options and Redwood Options offer a lot of learning materials as well as brokers that we recommend.
These pages are there to ensure that thousand of clients using Redwood Options have access to needed knowledge to succeed. Since then, Redwood has been on out trusted brokers list.
Redwood Options is one of the best brokers in Binary Options scene, offering very simple trading software based on SpotOptions solutions. One of best aspects of their website are the webinars that help traders make better decisions. Senior analysts have contributed in making of these seminars offering their advice in easy to understand form for all Redwood Options customers.
International customers will be happy to know that they offer customer support in languages other than English, so support is available in Greek, Russian, French and Spanish. They also apply international banking standards, thus offering services to US customers as well. All these reasons have ensured Redwood Options are one of most trusted brokers that offer great service to their services.
This is why Redwood Options is on our brokers list. Redwood Options is one of Fair Binary Options recommended brokers. We liked the fact that the website is not clogged, it is kept fairly simple. Redwood Options makes it possible to trade a wide array of assets including 20 stocks, 12 currency pairs, 7 commodities and 21 indices. Other trading modes such as OneTouch are also available. There is no registration fee. Clients can choose the type of the account they think will be best for their trading style.
Depositing requires verification so prepare a photo ID and a document such as utility bill to verify the address. Copy of credit card will be needed for clients depositing that way;. Starting with January 1st , US accounts are no longer accepted on the Redwood website. Thus, customers from the US will have to re-think their choices and look for a different platform that can offer specialized services for their particular needs.
Redwood Options was launched in as one of the most ambitious platforms of its type, offering a user-friendly experience and a series of features and benefits that were particularly interesting for US traders. When hearing that Redwood USA accounts are no longer accepted, many traders imagine that binary options as a whole are not legal anymore. This is not true. Binary options trading is perfectly legal and profitable. However, US residents can use services of offshore brokers and platforms because there is incompatibility in terms of regulations to Europe.
Redwood Options is no longer available for American traders, but there are still plenty of other options that they can take into consideration. Needless to say, it is not surprising that US traders are disappointed, because in its two years of presence on the market, the platform has received no complaints whatsoever.
Redwood Options used to be quite popular among US traders and there will undoubtedly be many questions that existing members will like to ask. The platform has a solid and credible customer support system, so if you want to know more about this change, you are encouraged to visit the website and contact support. In fact, the topic of regulated binary options trading platforms available for traders in the United States can be quite complicated, which is why some research is necessary if you would like to know what authorities are in charge of issuing regulations for each continent.
Traders from non-US territories can still use the platform as usual, without any restrictions or additional terms. In fact, new bonuses are available now, so traders who are wondering how they can make additional profit should definitely check those out.
Even though Redwood Options is no longer available in US territories, traders can still have many other options to choose from, as there are multiple US-regulated platforms that offer fast and secure withdrawal.
Traders should use MagnumOptions instead since this broker accepts US traders and it is founded by the same company. This website is independent of binary brokers featured on it. Before trading with any of the brokers, potential clients should ensure they understand the risks and verify that the broker is licensed.
The website does not provide investment services or personal recommendations to clients to trade binary options. The potential client should not engage in any investment directly or indirectly in financial instruments unless s he knows and fully understands the risks involved for each of the financial instruments promoted in the website.
Potential clients without sufficient knowledge should seek individual advice from an authorized source. Binary options trading entails significant risks and there is a chance that potential clients lose all of their invested money.
Important notice for US traders: Not all brokers and offers are regulated in the United States of America. Every trader is obligated to check the legal status in their respective jurisdiction on their own.
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