Is BNB Options trustworthy?

Here is a typical blank check company. It’s main goal is to cheat traders out of their money. As a rule, newbies and credulous people fall victims to frauds. The question is, is it reasonable to step on a rake and repeat the sad experience of scammed traders? The answer is obvious. So, it is up to you to decide what broker to choose. In this article we will try to explain why BNB Options can be called trustworthy in no way.

So, this black-listed broker was registered in 2014 in London. Two years after that, BNB Options became a member of the National Association of Forex Dealers. The company boasts of innovative services that enable clients to take full advantage of the binary options market. The news feed at the bottom of the website is a very convenient tool. The website itself is user-friendly. Moreover, the broker received a plenty of positive comments. Allegedly, one the benefits is safe withdrawal of funds. Probably, it was so when the broker has just started to work.

A month ago I had a call from this bnboptions broker. I have no idea where they found my phone number, but the fact is that I was really interested in binary options. A very polite manager (I think his name was Bogdan) offered me to make deposit under favorable conditions. I said that I have no experience in this sphere, but he promised to fill me in. So, I made a deposit and started trading. Indeed, this guy Bogdan was really helpful. He explained what I should do. So, I made a profit of 170 with the initial deposit of 100, then I earned 920 and lost 390 in a week. This way, I gained 530. Then I was off the desk for a week. My monthly result was 60-70% profit. Though the company promised that I would get 80%, 70% was also pretty good. I withdrew my money twice with no problems. By the way, I read positive comments about bnboptions. They are really decent guys, no cheating. But you should try before you trust.

Nowadays, it’s trendy to publish clients’ comments on a website. Naturally, those comments are exceptionally positive. On the one hand, the feedback is an important source of information, but on the other hand, this information should be veracious.

However, one or several comments are not enough to form an opinion about a broker. You should learn about all pros and cons at first. The most recent comments should be factored in. Services of a popular dealing center can deteriorate, and its clients can only hope that the broker will make up for its failures.

Yr

February 11, 2019 at 5:57 p.m.

Has been working with BNB since 2017. During that period I invested 42,500 dollars, 2,600 of which I managed to withdraw. I earned 15,300 in trading. On February 7, 2019 I applied for withdrawal of 8,500 dollars but my application was rejected. I even had no withdrawal option in my client area. My personal manager promised me to sort the problem out. As a result, the Withdraw button appeared in my client area again, but connection with the manager was lost. So, it’s an obvious scam. Stay away from this broker!

Svetlana Krokhina

I have also been cheated. I lost 250 dollars in trading and 250 in an affiliate program. It was just a waste of money. My personal manager said that my deposit could be insured but I needed to deposit at least $1,000 for that. At that moment I had an inkling that something was wrong. I did not trade since that, but now I fear that they will charge me the full sum for the affiliate program and the insurance.

To start trading with this broker, you should deposit at least 250 dollars. It’s a pretty high threshold for newbies. So, I concluded that it must be a sophisticated broker that does not attract clients with cheap tricks but aims to work with seasoned traders. Unfortunately, I was mistaken. As soon as I requested a withdrawal, the broker’s managers called me and offered a bonus, so I could continue trading and extend my profits. I refused and my account was blocked the next day.

Timur, 28 years old

Alexandr

Published at 07.04.2019 at 9:14 a.m.

To make it clear, I’m a real client!

I have a few words to say about this broker.

EROG KARTUSHOV is a bullshitter!

At first, he talked me into depositing a big sum and then more and more. As a result, I put in 13,000 dollars. I was required to make a profit of 43,000 and only after that I could withdraw. They promised me pie in the sky. The financial department contacted me as well. Black Friday will make you rich… That is what they said to me. So, this Erog is a scum bag! Surely, I was not allowed to withdraw any money. The more so, they doubled the needed amount of profit that could be withdrawn. I was simmering with anger. I wish I met him in person so I could rough him up. All those who post good comments are fakes. These scammers worry that they will get less money. Impossible to get any profit! All charts are fake. To prove it, compare them with real chart on the market. They are different! And I doubt that they are from the UK. They sound more like the Ukrainians. And one last thing: they are not licensed!

The lion’s share of negative comments was about problems connected with withdrawal of profits. However, it is hard to say whether those comments are true or false. Nonetheless, there must be some reason. Apart from withdrawal difficulties, BNB Options is notorious for other shenanigans. Here is one more surprising story that took place a while ago.

From: Mohamed

Sent on: 2017-05-17

Hello. How can I get rid of bnroptions.com? In summer 2015 I registered an account with them. Recently, I had a phone call from this broker, and the managers said that I had been fined 375 dollars. What should I do?

As seen in the comment above, the broker fined its clients merely for registering a trading account and not making a deposit. It is just ridiculous. Moreover, it is illegal. Nobody has the right to charge money for registering an account. Such dishonest brokers just bully clients and talk them into giving them money. If clients resist pressure and refuse to pay, the scam broker can do nothing about it since it has no rights.

Conclusion

The BNB project is one of the most frequent types of shenanigans. The broker has created an eye-catching website so that to attack as many clients as possible. But before you invest you money into empty promises, you’d better learn more information about your would-be broker on several sources. Before opening an account, get acquainted with the client agreement, risk disclaimer, and legal documents. Stay away from amateur brokers. It is safe to trust your funds to big companies with the experience of 5-10 years. Besides, a distinct feature of a trustworthy broker is the license issued by reliable regulators.