OptionBit.com Binary Broker Review

  • Official Website: www.optionbit.com
  • Headquarters: Nicosia, Cyprus
  • Phone Number: 415-373-1665 (USA) For other areas check out the Contact Us page
  • Email Address: support@optionbit.com
  • USA Traders Allowed
  • Trading Platform Used: OptionBit Platform

Is OptionBit.com a Scam?

While it is not for us to say that optionbit is a scam. We have not been scammed there. However, according to our research, plenty of other respected members of the trading communities have had enough complaints that we did not feel comfortable trading there. If we don’t feel comfortable trading there, that is enough to be added to the binary options blacklist (see why here).

OptionBit News & Links To Important Information Over Time

  • 4-10-2012 – numerous complaints about OptionBit in the BinaryOptionsDaily forums.

Deposit Information

  • Minimum Deposit: $100
  • Deposit Methods: Credit Card, Electronic Payment, Wire Transfer
  • Credit Cards Accepted: Visa, Mastercard
  • Electronic Payments Accepted: MoneyBookers, Western Union

OptionBit Basic Broker Details

  • Minimum $10 Trade
  • Types of Options: Digital, Touch/No Touch, Boundary
  • Touch/No Touch Payout Percentage: 75-81%
  • Boundary Payout Percentage: 75-81%

Assets Available to Trade

Commodities

  • Coffee
  • Copper
  • Crude
  • Gold
  • Silver
  • Sugar

Currencies

  • AUD/USD
  • GBP/JPY
  • GBP/USD
  • EUR/GBP
  • EUR/JPY
  • EUR/CHF
  • EUR/USD
  • NZD/USD
  • USD/CAD
  • USD/JPY
  • USD/CHF

Stocks

  • Apple
  • Boeing
  • Exxon Mobil
  • Google
  • McDonald’s
  • Microsoft
  • Nike
  • Vodafone
  • ING Group
  • Coca Cola

Indices

  • BOVESPA
  • Dax Future
  • Dow Jones
  • NASDAQ100
  • S&P 500 Future
  • CAC Future
  • FTSE Future

Bonds

  • BUND

Leave a Reply

72 Comments on "Optionbit Review"

avatar
Sort by:   newest | oldest
leonardchris6132@gmail.com.
Guest
leonardchris6132@gmail.com.
I thought it was all a scam until i got my first withdrawal in August,well thanks to a very honest man I met on blacklist here, Leonard chris , who has helped me and a few of my friends making up to $85000 on weekly basis managing a live trading account for just a start of $250 or more . For me as I watch my balance in the platform grow. I will recommend Leonard Chris on binary options trading with total assurance of good trade profit and no delay with withdrawals. He is very legit, you don’t need a… Read more »
hon
Guest
hon
I started trading with OptionBit. I started by depositing min $250 but they sweet talked me into depositing $10000 as it would give me better chances of trading and I would have better ‘signals’ than ordinary $250 account. So I did. Couple of weeks later my account was moving very, very, very slowly, I wasn’t making much money and at one stage asked to withdraw and quit. Broker was extremely rude, started blaming me that it is all my fault as I wasn’t making myself more available so that we could trade. Yes, on one of our skype chats he… Read more »
Mark
Guest
Mark

I joined Optionbit.com last month and traded using the auto pilot software. One of their agent assisted me named Sheena M. She’s really niceand helpful. At first I lost 4 trades for the first day but after contacting her on skype she taught me basic trading and encourage to try on Non farm payroll and yes I made 50$ profit not big but really happy with the result. In my 250$ investment now it is 376$ and really happy with the result. Thank you for the help.

 
Kay
Guest
Kay

What the difference between optionbit.com and optionbit.eu?

 
Des
Guest
Des

Optionbit contact me via Skype with Andrea,s account. The person told me that they will pay my investment out on 1Nov. I asked who was tipping this confirmation to me and the reply was compliance department. (Not via email.) If it is done I think Optionbit keep there word but promises was made to me before. I will keep you updated if it is to risky to open an account with Optionbit.

 
Des
Guest
Des
I joined optionbir before 3 weeks. At the time of joining I was told that I can withdraw my deposit at any time if my paperwork was in order. After 1 week a made good profit and wanted to withdraw only my deposit and keep the profit. After 5 days waking days it was approved and was send to my account manager Andrea Taylor. I did not get paid and send support an email. Support referred me back to Andrea where she assured me that I will be paid the next day. When the next day started she refused to… Read more »
Matthew
Guest
Matthew
Please beware of Optionbit. It is a big scam. Fortunately I have made only £250 deposit before doing my research to discover their inhuman financial actrocity. They take advantage innocent people who work hard to earn living. Please let us all increase our voices so that more innocent people do not fall into their trap. They are forcing me to make more deposit until I told them they can force me to act or make decision for myself. It is my money…. it is my rules! As I am writing here, I can’t have access to my account. And my… Read more »
Jodee L
Guest
Jodee L
It is definitely a scam. Once you sign up they harass you with phone calls constantly at all hours one night I had 15 missed calls. Then they ask for Identification to verify your account which is ok but I was told they can’t accept my license as it had certain detail blacked out. I told them I was scared of identity theft so didn’t want to provide my signature. And then once I told them that the phone calls stopped and the $250 I deposited has very quickly been lost from the account. Do not sign up to optionbit… Read more »
Everton
Guest
Everton

hmm strange this broker is blacklisted, to me all normal maybe becouse I maked only one withdraw request and low value 650 usd, (up 250% profit), I will try again from 50 usd lets see LOL

 
Mary
Guest
Mary

A Scam. Do not risk it. They take your money before telling of all the tricks they have to make it impossible to withdraw funds. They want so many of your details that they could do anything with your card details, none of this is mentioned before you pay them. Option bit, just like the old Boiler room scamsters.

 
dave
Guest
dave

wish i saw this before they scamed my last 250 quid,now im totally broke ,dont bother with any of it

 
shazza
Guest
shazza

Is this what is called a PONZI site where the business does not actually exist but they take your money and pretend they are doing trades. This is what happened to me. I have been blatantly conned and the amount just disgusts me. these guys need taking out of trading completely as they give them a bad name

 
Alex Smith
Guest
Alex Smith

Please do not join Optionbit, they are a bunch of thieves. I also had a bad experience with Steve and a guy called Lewis. They had no idea what they were doing. Obviously no experience and shocking service. Best advice, STAY AWAY FROM Optionbit, also no after service whatsoever.

 
Emile
Guest
Emile

Lewis screwed me out of $710 which I made trading on my own. He called and said he was giving a lesson and told me to make certain trades and lost all my money. So yeah stay away from option bit if you’re already in it do your own manual trading .

 
Riccardo
Guest
Riccardo
Hi, unfortunately me and my partner have opened 2 accounts with them. We are continually making capital withdrawal requests filed by us (not gains ) and OPTIONBIT rejects the withdrawals. According to their terms and conditions , OptionBit not restrict traders from making withdrawals during periods when they have not yet met of trading volume requirements related to their bonuses . Therefore , please note that if you request a withdrawal during this period , the entire bonus amount ( including any profit generated by the time you received the bonus ) will be lost . In these cases ,… Read more »
Pat
Guest
Pat

Forget it once you deposit you won’t get it back I deposited 1000 and I didn’t make a single trade I just asked for my deposit back they never got back to me it’s been almost a year

 
Coleen de la Querra
Guest
Coleen de la Querra
Please be very weary of Optionbit. They are extremely dishonest. When i registered and paid my $250, I was assured that an account manager would call me soon afterwards to assist me with the start up. This never happened and by the following late afternoon, I still had not received any assistance. So I emailed them and requested a second time and also asked them to send me the software while I was waiting for this supposed account manager. They sent the software and as I logged on to my account, I could see my deposit decreasing. From $250 it… Read more »
Pat
Guest
Pat

I learned the hard way don’t deal with brokers that are not in your country if they are not local they are scammers any option broker that is not local or regulated by CYSEC is a scam nobody will help you

 
Pat
Guest
Pat

CYSEC is a scam also that’s what I ment

 
dessy
Guest
dessy

rasheed who are you working with??

 
Rasheed
Guest
Rasheed

started with Scott now with eduard

let me know if you want to get in touch

 
Jerry d
Guest
Jerry d

im wrking with a broker now there

he told me the same thing like banc de binary and some others that you need to put 5k in order to start working and thats what i did, so far i am in profit of 3k and im doing a test withdrawal, of 2k so everything seems fine

 
Rasheed
Guest
Rasheed

Hi

I invested $25,000 U.S with Optionbit over a year ago, so far I have withdrawn more than that amount and my account still has a relatively large balance in it.

If you want I can recommend to you which of the account managers to use

 
Affi
Guest
Affi

Hi Rasheed can you tell me the manager name. I opened an account and deposit more than 6000£ all things working fine and i make 15000£ untill i requested to withdraw just 2000£. They said ok we make it double than you can withdraw 10000£. They put all my money in just 2 trades and they both failed and i lost all the money. After that they just gone and didn’t reply my msgs. I worked with Joshua And his manager Sam.
I hate them for this manipulation.
Can you tell me the right manager please?

 
Svetlozar Metodiev
Guest
Svetlozar Metodiev

Hi and Greetings,
I am about to open an account with Optionbit,so I will be greatful,if you
recommend a reliable account menager.
Thanks in advance!
Regards
Svetlozar

 
Pat
Guest
Pat

Bullshit don’t listen to this idiot he works for them option bit is a scam

 
Marco
Guest
Marco

What account Manager did you use?

 
steven
Guest
steven

If you have money to waste, join optionbit. I joined with R2500.00. I made some good trades up to R3500.00. After a week I made a withdrawal request of R1000.00. My withdrawal was rejected and up to now no one responds to my email and my money is gone. Be warned about optionbit.

 
Sam
Guest
Sam
Tried OptionBit to see the broker with small amount. Just today I witnessed while trading USD/JPY on PUT from the beginning of the candle as I do usually for a very short time of 30 sec. The closing time window was green and stopped at just 3 sec left. It all was showing that I was being on profit side and I was sure on it… the candle was red and on my side too… Eventually I even was late and opened the trade at 106.266. The candle was red and below the Open Price rate which was 106.264. But… Read more »
Sam
Guest
Sam

Playing rates

 
Graeme
Guest
Graeme

Optionbit, seem to think that its OK to ignore a customer request for contact as my credit card was debited multiple times within 2 hours and then “someone” requested a password change. Ive tried to contact and get them to investigate and refund but no answer. Thanks Optionbit. Cant get an honest job so just steal. Your mothers must be so proud and your ancestors crying in their graves at the shame you bring on them.

 
mark
Guest
mark

Unfortunately the same happened to me. They would not return the money unless I signed the form they sent. That same day their annalist managed to lose all of it with bad trades that never looked like coming in. Very foolish of me to trust their judgement.

 
majid
Guest
majid

i think option bit is good because i withdraw money last 3 years ago they send me in 4 to 7 days and i want to go
back to optionbit

 
Pat
Guest
Pat

BULL SHIT

 
Maggie Reynolds
Guest
Maggie Reynolds
Signed up as an experiment. I come from forex and heard a lot about binary. Decided to go with OptionBit (for whatever reason). Turned out to be a great choice, or just luck… I’m not sure really…. but a basically doubled my small $200 deposit, withdrew it then quit. I was satisfied with the experiment and have since redeposited. Now I’m trading with one of their brokers and he seems to know what he’s doing. He has helped me build my account more than I could have hoped for. I’ve been getting that extra boost from them to progress as… Read more »
Philip Giles
Guest
Philip Giles

Harvey lost 5 out of 6 trades for me, Now trying to get my money back out Oh look there is a flying pig. Stay well away from this crooked lot. especially Andrea Taylor I lost $5000

 
Pat
Guest
Pat

Lol BULL SHIT Go suck a stinky Dick Harvey

 
Allan Colburn
Guest
Allan Colburn
Been trading with OptionBit for over a year now. I started as a newbie, but found some of the educational materials offered by the company and have been making much progress. Most of the trading I do is on my own, but sometimes I get some tips from my account manager. I’ve learned a lot from the webinars offered at OptionBit. They are very clear and to the point. After 3 months of trading, I started making monthly withdrawals for some extra spending money. This little side gig has really helped with a lot of my expenses. My experience with… Read more »
Pat
Guest
Pat

Anybody reading these positive comments don’t fall for it the people writing this bullshit are the same people that work there and the other sites that give them 5 stars were created by the same people that own option bit to make it easier for them to scam people

 
warren hunt
Guest
warren hunt

I remember this one traded this one years ago, they rose minimum deposit on me to 500 and I said goodbye to them. Found it suspicious that the minimum deposit is at 500.

 
tallman
Guest
tallman

optionbit should be black listed as they stole my money and asking deposit again

 
Claire
Guest
Claire

Option bit manipulate prices I started with british option after I found this out . They do not manipulate prices and and let me withdraw easily.

 
Gerald
Guest
Gerald

I joined optionbit and did some trades and lost some of my initial deposits. If I’m going to deactivate my account at optionbit now, can I redeem the remaining balance of my initial deposit?

 
cyril
Guest
cyril

boss capital are they scam

 
FOAG
Guest
FOAG

Has anyone heard of OptionXL…please I would love to know about them…I’m in Nigeria

 
Esther Benard
Guest
Esther Benard

I put 5 months ago money by Bancde Options, now I try for almost 5 weeks to take money out. I don’t see one euro! They don’t respond on emails and complaints… have someone the experience with Bancde Options?… what can I do to get my money?

 
Hans Didrik Walstad
Guest
Hans Didrik Walstad

Banchde Option is 100% a scam. You will never see a dime. They suddenly changed the language to Chinese and in a few weeks all the accounts were in 0.

 
Jim Andersson
Guest
Jim Andersson

Watch out for BForBinary. They STEAL your money. We invested around Euro 200,000 made almost 200,000, and now they don’t pay out ANYTHING!! You can’t reach them on their UK phone number and they don’t answer any of our emails anymore. They have even sold our name and account details so now lots of other Binary Options company are calling us and saying “Sorry to hear that you lost a lot of money”. WE MADE MONEY but BFORBINARY refuse to pay us anything. THEY ARE REALLY SCUMS.

 
Ekaterina
Guest
Ekaterina

But this is OptionBit post, How are they attached to it?

 
Pat
Guest
Pat

They are all scammers don’t open any accounts if they are not in your country if you want to trade open an account with your local bank if your in Canada you open with TD Canada trust as long as it’s local

 
NGUYEN
Guest
NGUYEN
I’m a victim of the Optionbit. anyone can help me to get my money back? I have funded 500AUD and claim 150% bonus (the bonus is not redeemable). After 2 weeks very success trading, my account balance was 6990 AUD, and the turnover I have traded fulfilled the requirement for withdraw fund. I have submitted a withdrawal request for 6950 AUD, but they decided to close my trading account and transferred 3048.6 AUD to my Netteler account only. They told me that I have used abusive trading patterns, so they took almost 4000 AUD from my account. I have never… Read more »
Flicker
Guest
Flicker
A very strange situation, really. I would rather say very strange comments at all. They smells lilke competitors’ ones. I have been trading with OptionBit for several years (since 2013) and yes, I have seen some strange moments (reduce of return, for example, but it hapens to all brokers, as far as I know). However, Ive never met such a notice like abusive patterns. The only abusive pattern you may use is to hack their platform:) But in this case you will never get your money back, to tell the truth. And this is the case of every broker, if… Read more »
Bfmaritz#live.co.za
Guest
Bfmaritz#live.co.za

Hi NGUYEN,

I deposited 1250USD. They promised me VIP trades and training. in a few hours they lost everything. Now they want more. Check name and change for details

Barry

 
Denis
Guest
Denis
NGUYEN, OptionBit discovered that you were abusing the system. You at first invested 500 AUD and made a substantial profit. Afterwards you decided to misuse and abuse OptionBit. As it mentions in terms and conditions you yourself signed, OptionBit is allowed to suspend and close your account anytime needed if there is fact suspicious and abusive activity. Instead of closing your account completely, OptionBit gave you your honest winnings – 3048.6 AUD, and then suspended your account. You yourself acknowledged that you received your profits, which includes your investment plus an additional 500%. OptionBit will be glad to hear your… Read more »
Pat
Guest
Pat

Option bit is a fraud there I said it you dirty cock sucker you fucked a lot of people karma is a bitch you’ll get what’s coming to you

 
pat
Guest
pat

apology hahaha you fucking scammers if I new where you were I would hang you from the tallest tree and burn you alive with the rest the people that work for option bit

 
Geral
Guest
Geral

Denis,

Are you a staff of optionbit? Can I get a refund of my initial deposit if I decided to deactivate my account in optionbit?

 
NGUYEN
Guest
NGUYEN

Denis,

As I have mentioned many times via emails to your company that I have never abusing trading patterns (I traded manually myself, no any kind of robots, trading systems…), can you explain what is “abusing the system”? how can I “abusing the system”?
If you can not show me the proof, you are actually scammer. If you are not a scammer, please say apology to me and send me the rest 4150AUD (not only 3048.6AUD)

Nguyen

 
dave
Guest
dave

Stating he abused etc without stating what he did makes you look worse than not reponding, I wouldn’t use your service ever.

 
Denis
Guest
Denis

Let me tell you this, We are not revealing the abuse problem due to few problems, We save our clients information to our self, We are very district about it.
Secondly, We wouldn’t want somebody else would have abused by the same abuse was used here.
We are guarding our fellow brokers as well.
About you awful comment, I’m pretty sure you posted this comment by mistake, So we will not pay attention to it.

 
Pat
Guest
Pat
Awful comment hahaha you vagina the reason people are posting these comments is because your the awful scum sucking maggot that scams people out of their money why don’t you comment on the people posting about how you fucked them out of their deposit without making a trade and never getting back to their emails fuck face as long as option bit is around and other bullshit brokers I will keep posting and commenting forever and if you Fuckers are in Cyprus I hope you get eaten by a big ass fucking shark the next time you go swimming you… Read more »
bart
Guest
bart

Hi NGUYEN I want contact with you about OPTIONBIT.

Thank you

 
NGUYEN
Guest
NGUYEN

Hi Bart, I have tried to give you my contact details, but admin of this site hide all the details, I do not know how to give you my contact details

 
Denis
Guest
Denis

NGUYEN , What is your real name?

 
Anesh
Guest
Anesh

I put in $200 as a minimum deposit and each trade is $10. I followed the advice on the video and lost 2 trades. The guys are hounding me to deposit more money into the trading account for me to ‘begin really making money.’ think I will keep my money in the bank.

 
wael
Guest
wael

i really confused ,i signup yesterday with an account ,i deposit $100 but after i read here and in another sites ,i really felt confuse ,,so my question is the OptionBit(dot)com is a Scam or no?so please some one say me Scam or no?

 
Pat
Guest
Pat

Scam use your local banks to trade option trading is bullshit especially if the broker is not in your country

 
JAMES
Guest
JAMES

NEVER EVER AGAIN .THEY MANIPULATE THE RATES YOU PURCHASE . ITS NOT YOUR STRIKE BUT THEIR RATE …THEY USUALLY ADD 20 PIPS TO THE CURRENT RATE CALL OR PUT NEEDLESS TO SAY THEY WANT YOU TO LOSE AND RIP YOU OFF .STAY AWAY FROM THEM AND YOU LL SAVE YOUR MONEY

 
Dibasi
Guest
Dibasi

Something feel fishy trading here. Make trades look like winners end up losers. Disgust with myself trading large amount here.

 
Rdobbs
Guest
Rdobbs

Ripoff!!! I started out doing awesome winning over $1000. Later all my trades lost! I think they hook you early to get you addicted then rig the traders against you later. Save your money!!

 
wpDiscuz