GOptions Broker Review

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December 2020: The FPA considers to be a scam. The FPA recommends AGAINST dealing with GOptions. If you have money with this broker, the FPA recommends you try to withdraw it as quickly as possible.

CLICK HERE to see how the scammers at GOptions handles client complaints.


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Consumer Reviews

My account losed. and scam 250USD in my account .

My account losed. and scam 250USD in my account .

I was talked into depositing $5,000 USD into an account I had traded with previously for the “Earnings Season”. I actually came out on top with a profit of approximately $1000. (Not even close to as promised) My broker often did not send me signals and when I did get them they weren’t the best. he would often take different trades that I could see when he “Proved” that my strike price wasn’t the best. For privacy reasons I wont post screenshots of my account unless requested by FPA.

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The main issue is that over the last MONTH I have sent numerous emails to support, my account manager, and the finance departments and they have my withdrawal still as “pending” (only because on their site you can initiate a withdrawal). When my account manager finally got back to me, he told me he was going on vacation. this has been an awfully long vacation, when I spoke to customer service over chat (because you just go into an infinite hold if you call in) they disconnect every time i bring up the issue, or tell me its almost the weekend the financial department is closed , or “someone will contact you in the morning” (my favorite) which has not happened on 4 occasions so far. I am at a loss on how to get my money back out, and this broker came highly recommended and often on review sites people with the same issue as me are labeled “competition nay-sayers paid to leave bad reviews” or “bots”. I am becoming desperate because I don’t think it is right that they wont give me my money back.

I made a withdrawal request for £1127.99 and nothing was done for 10 days! Despite the fact that it says “same day withdrawals” on their website. Then after those 10 days my account was taken over and trades were placed on my account without my knowledge or permission. all of the money was lost (other than £27.99 that is left in the account which i cant withdraw because the minimum is £100).

My email and phone number have been blocked by the company and they are refusing to deal with the situation.


Please see this forum thread before deciding to trade with GOptions


Broker Name: Goptions
Platform: SpotOption
Founded: 2020
Bonus: 100%
Return/Refund: 70-85%/0-10%
No. Of Assets: 63
Regulated: No
Demo Account: No
Minimum Deposit: 200
US Traders: Not Accepted

Goptions Review

GoOptions is no longer in business, the website is down and you can not connect. Depending on your browser and where you try to click in from you will be redirected to an error page, or some other binary options scam. The company behind GOptions was Go Trading Technologies Ltd. registered address 3rd Floor C & H Towers 00152, PO BOX 2320, Dominica Payment services by Go Marketing Technologies Ltd. Goptions registered address 2 Lyuben Karavelov floor 2 flat 5 Plovdiv, 4002 Bulgaria. Goptions is not regulated.

Is GOptions a Scam?


It’s a war out there! People are claiming Goptions is a scam because Signal Index allegedly erased bad trades from the history of some signal providers to make them look good. Also, some signal provider used the name of another, more prolific provider just to get attention and subscribers. Unfortunately the VP of GOptions publicly confesses that he suggested this little name “trick”. From there, all hell breaks loose and a full-on internet war begins.

At the moment this article was firstly written, their Terms and Conditions state: “This Agreement is made by and between Longmont Ltd, the operator of the brand name “GOptions” as well as the site and you.” Of course we can deduce that their operating company is Longmont Ltd…but we found on the Internet an earlier picture taken from their website… in this older picture, they state that GOptions is “… owned and operated by Massive Consulting Ltd (Registration #1547635), a BVI registered company.” The addresses of the two companies differ as well. This review was updated on November 2020 and the current holding company is Go Trading Technologies registered in Bulgaria. Now what can I understand from all the arguments related to scam suspicions, switching addresses and owners? Why did the name of the owning company change? Did Massive Consulting Ltd sell the website to Longmont Ltd and now to Go Trading? Is this all an elaborate scam? A lot of questions, right? For me all those questions have just one answer…

Editor’s Note – Why does GOptions Suck in 50 Words?

Last time I reviewed a Binary Options website that used the slogan “We focus on who really counts. You.” I said that I’m going to be sick if I see another one. Unfortunately, it was the first thing I noticed when I started my review of GOptions… This overly used phrase screams “We don’t care about you and we don’t even take the time to create a new slogan”. More than that, they call themselves “… the most professional and objective platform for trading…” bla bla… so we have another “market leader” on our hands.

Why doesn’t GOptions Suck?

They claim to have one of the fastest withdrawal processing times in the industry today: same day. Great! But. The client will have to provide the necessary identification documents within the first week of opening the account and to request a withdrawal Monday through Friday, 8am – 6pm GMT. These conditions are not too restrictive and after all, you cannot request a withdrawal Sunday at 9pm GMT and expect it to be processed until Sunday 11.59 pm. Common sense applies.

Should I Open an Account with GOptions?

The Trading platform is powered by Spot Option, one of the best technology providers in the field of Binary Options. This makes the GOptions website highly efficient and provides a smooth experience for traders, without having to download any software. The website was launched in the early weeks of 2020 and overall it is structured well, the needed information is easily available and the tutorials are helpful, although nothing innovative is brought to the table in that area. But we were happy to see that GOptions are innovative in other, more important areas: they are the first to bring automated trading in the field of Binary Options through Signal Index which is a marketplace for Binary Options signal providers.

Once traders fund a GOptions account, they get access to Signal Index where they will find different signal providers who have their track record publicly displayed… and of course the monthly fee they charge. Once the trader chooses a signal provider, all the trades the signal provider makes are automatically copied and executed on the trader’s account. This eliminates the missed or late trades due to poor e-mail communication (or any other classic form of transmitting the signals). It’s good to finally see a broker who brings something new to the industry but only time will tell if this automated trading feature is the winning formula.

As mentioned above, GOptions uses the Spot Option platform which is known for its functionality and capability to respond to more than one type of trader. In other words, the rookie will find it easy enough to just pick up and use, while the experienced trader will find enough advanced features to satisfy the need for a more complex trading style. And talking about different traders and their different needs, GOptions offers 5 types of trading accounts, each with specific features and benefits. The VIP Platinum account offers a 100% deposit bonus, 10% trade insurance for any losing month and three months of paid auto trading signals among other stuff. Pretty good it you ask me, but the minimum deposit is $10,000 which is too high for the average trader. Well, not everybody is a VIP.

Overall GOptions show potential but they need improvement in certain areas like choosing a real slogan, updating their Daily Market Analysis and their Blog. This review is written on the 12 th of June and they provide traders with Daily analysis for the 6 th of June, while the latest analysis on their Binary Blog is for the 5 th of February. I will refrain from making any comments on that because I am sure everybody can judge for themselves how helpful that analysis really is.

GOptions Complaints

It is not hard to find complaints about GOptions on the internet, although one of them stands out: a customer claims (he posts pictures as proof) he was promised 5K to deposit 25K with GOptions and no volume or time restrictions regarding withdrawals but then an argument started when he needed a withdrawal (several of his withdrawal requests were canceled). GOptions representatives claim on the BOTS forum that he edited the pictures to serve his cause and that he is the actual scammer. From where I stand, this is the picture: a client has graphic proof of what he is saying but everything GOptions representatives can do is say the client edited the material… Well, maybe GOptions can prove what they are saying because at the moment the client is the only one who presented any proof.

GOptions Bonus

The Bonus differs depending on the type of account you opened and ranges from 25% to 100%. To withdraw the bonus you will have to reach a trading volume of 40 times for every $1 bonus. If the bonus you received exceeds 25% of the initial deposit, you will not be allowed to withdraw any amount until the trading volume of 40 times is reached.

GOptions Withdrawal

The minimum withdrawal is $100 and must be made to the original source (i.e. if you deposited via credit card, you will have to withdraw to the same card). GOptions feature a same day withdrawal processing for eligible customers (ID required) but there will be a delay of 5-7 business days until the money will be available in the client’s account.

GOptions Extra

The partnership with Signal Index and the auto trading feature are a nice innovation and show us that brokers try to bring us new and cool features. However, all the scandals and arguments surrounding this issue cast a dark shadow over all of it and greatly diminish its appeal.

GOptions Ratings

User Friendly 14/20
The website is offered in just three languages, a fact which will keep away a lot of customers, but overall the layout is intuitive and pretty easy to use. Spot Option’s platform offers tools for both rookie traders and experienced ones.

Number of assets and expiry times 13/20
According to the Chief Operating Officer of GOptions, they offer traders over 250 assets. On the website, they advertise “over 200” assets. Unfortunately we couldn’t find so many. Here’s what assets we could find on their Asset Index and their platform: 17 stocks, 13 currency pairs, 7 commodities, 22 indices and 4 pairs (stock vs. stock or index vs. index, etc). That’s a total of 63 assets… Expiry times range from 60 seconds to weekly but by using the Pro Trader feature of the platform a trader can use features as Buy Me Out or Roll Over so the expiry time can be modified.

Commissions, Support and Effective return 14/20
A $25 fee must be paid for wire transfer withdrawals but no fees will be charged for registering an account. Their Live Support is helpful enough, polite and pretty responsive. The effective return goes up to 85% on certain assets. Out of the Money returns are available only on a few assets and according to their Live Support, the refund will be shown on the platform when placing the trade.

Deposit, Payment and Bonus 14/20
The minimum deposit is $200 and can be made via Credit Card, wire transfer or CashU. The payment request will be processed the same day but in order to qualify for this lightning fast withdrawal, the client has to submit verification documents and to comply with a few other conditions. 100 Min Withdrawal. Once the request is processed, 5 to 7 additional business days have to pass until the money will be available. The Bonus ranges from 25% to 100%, depending on the type of account.

GOptions Extras 13/20
The fact they offer automated trading through Signal Index is definitely an extra feature but using it gives you less control over your trading. Demo accounts are also available for clients with funded accounts.

BinarySoftware.orgHonest Software and Broker Reviews

GOptions Broker Review

GOptions is an online broker dealing in binary options trading. It has been around for several years now. Seeing most binary options brokers are located in Cyprus and the United States, GOptions is one of the very few located in the United Kingdom with its main offices being in London. Its location makes it favorable to big money investors in the UK.

GOptions is not a regulated broker, which is not surprising since most binary options brokers are not. It is however, a safe bet since a detailed map to their offices and official mailing address are provided on their website. This may contribute a lot to investor confidence since a business with an official Street address is seen as more reliable. GOptions was accepting US-based traders until late 2020.

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Goptions Broker Review

GOptions offers free demo accounts, personal account managers and weekly webinars to traders on signing up. The broker also has an amazing same day withdrawal policy which is the fastest in binary trading. To enjoy this, one needs to submit proper documentation (a clear photograph, a utility bill which is not older than 3 months and credit card information) for verification purposes and to avoid fraud.

Customer service and support

GOptions prides itself in having a professional customer support team. The team is comprised of former forex traders who have the experience and know-how to help and advice on almost everything.

Traders can access support 24/7 on their live chat, email address, Skype or any of their toll free numbers. One can also submit their queries through their social media sites on Facebook and Twitter.

goptions main page

Trading Platform

GOptions uses the SpotOn platform which is arguably the best software around. SpotOn is quite popular among binary options traders since it offers a wide range of options not available on any other platform. This broker increases its performance by adding their own personal touch to suit their product. The platform’s efficiency is further emphasized with its easy-to-use interface and convenience since everything is done online and the trader doesn’t need to download anything. The platform also uses a Strategy Analysis feature to analyze three of the most popular indicators and provide a recommendation to the trader on the best strategy.


One of the factors that traders look for in brokers is the payouts system or, in layman terms, the returns. These can make or break a broker’s reputation. GOptions clearly has that in mind as it offers payouts of up to 90%. This however depends on the type of assets traded in. Some assets generally have a large return on investment ratio while other have lower margins. Thus, for maximum profit, the right asses and the proper strategy has to be chosen.

goptions trading program


GOptions assures its clients of safe, fast and reliable financial transactions. This is somewhat credible since its parent company has been dealing in financial services since 2009. They accept credit cards like Delta, American Express, Maestro, MasterCard and Visa.

One can also deposit or withdraw through the various e-Wallet systems available or through wire transfer eg. Skrill. They transact in almost all the major currencies available presumably to cater for all nationalities. They currently do not accept PayPal.

Account types and bonuses

GOptions has a wide array of accounts one can sign up for. The bonuses are paid depending on the amount deposited and the type of account. The different types of accounts are as listed below. For each account, the trader receives regular activity reports via emails.

  • Micro Account – Basically the smallest account and easiest to open on the GOptions website. The account is free but a deposit of between $200-$499 is required. Bonus is 25% of the deposit.
  • Mini Account – To sign up for this account you will need to make a minimum deposit of around $500-$999 with a 35% bonus.
  • Standard account – Listed as the most popular account type on GOptions, the Standard account requires a minimum deposit of $1000-$4999. The type of traders you’re likely to see here are the big moneyed and/or the serious types with quite some knowledge on market analysis and trade strategies. The bonuses are about 50% of the deposit.
  • Gold Account – Requires deposits of $5000-$9999 and comes with benefits such as a phone call from GOptions support welcoming you to their site. Slightly higher bonus of up to 75%.
  • VIP Account – As the name suggests, this account is for the big time traders with extensive experience in Stock markets. To open this account you need to make deposits of at least $10000. This account has the highest bonus rate 100% of the deposit.

However, to prevent bonus fraud; where people sign up, make a deposit and get the bonus then withdraw and leave, there are bonus withdrawal requirements on GOptions. As a general rule, the bonus is not automatically transferred to the trader’s account unless s/he accepts it. And even if s/he does this, s/he will be required to have a minimum trade volume of about 30 times the bonus amount before withdrawal.

goptions account micro

The bonus may be used freely for trading.

Binary options available on GOptions

GOptions offer a wide range of trade options to choose from. They range from

  1. Turbo Options – It is a known fact that GOptions introduced turbo trading in binary options. Turbo is especially popular among traders who don’t want to wait for long to get returns. Turbo terms range from 30 seconds, 60 seconds and 2 minutes.
  2. High/Low options – This is the traditional binary trading option. As its name suggests, it is built around the increase or decrease in the performance of an asset. Basically, if a trader believes that the asset will perform better, s/he buys a high option. After the expiration of the trade period, if the assets will have performed above the trader’s prediction, s/he receives his/her money back with a certain payout. If s/he believes that the asset’s performance will decline, s/he buys a low option. If the assets perform lower, the trader will get his/her money back plus a payout. However, if the asset’s index remains constant, the trader will get his/her exact money back.
  3. Ladder options – In this option, the trader chooses multiple prices and places stakes on them. This is one of the highest paying options with a payout of up to 1250%!
  4. Option builder – In this case, the trader has the freedom to choose what to trade in and how much to put in. The trader also gets to choose his/her profit level and insurance cover to protect against loss. It is not subject to the normal terms of the trade as the trader gets to determine his/her own expiry date. The option builder is most popular among traders with market knowledge and experience.

goptions account vip

Mobile App

GOptions also has a mobile app that is compatible with Android and iPhone devices. The app is developed in such a way that it is very easy to use with a simple structure. With the app on their phones, traders can get the latest information on the market, look up their trades and basically transact business all from around the world. All one needs is a working Internet connection. This increases it’s convenience since now almost everyone has access to a Smartphone and Internet. The app is available on Google Play Store for Android and Apple Store for iOS devices.

GOptions Asset index

GOptions deals in a wide variety of assets from stocks to trusts to currencies. Their notable assets include Apple Inc, Microsoft (USA) and Tata Motors among others. The assets are fewer compared to other brokers but GOptions can be said to choose asset quality over quantity. Besides, not many will note the absence of other stocks in GOptions index as long as the big players in the market are there.

Training and support for new traders

The measure of a great broker is based on how they pass knowledge to their traders. GOptions has plenty of educational materials including video tutorials, weekly webinars and a wonderful customer support team. All this, plus an experienced Personal Account Manager work towards making the trader comfortable while at the same time imparting knowledge on the market.

If a trader made proper use of the available resources, there is no doubt that s/he will be an expert in no time. And richer too, of course!


For a binary options broker, a good and reliable signal means increased investor confidence, which in turn means good business. GOptions uses Signal Index which pretty much does all the hard work; it uses its massive database and “experience” to determine where and what to trade in. It then sends a signal and automatically every account signed in to the signal make a trade. The efficiency of the signals is quite awesome but could do with some improvements.


Having been in the binary trade for a while, GOptions has had its fair share of successes and failures and to their credit, have continued to improve their product especially the support service. While its customer relations are quite commendable, GOptions should make some effort to increase the number of languages available on its platform since it is slowly turning into a global leader in binary trading. And one of the surest ways to convince people to invest in you is by speaking their language.

They should also work on incorporating PayPal into their banking system as it is one of the most widely used payment services in the world. All in all, GOptions is a good choice for anyone interested in the options trade, and judging by the way they’re going, it is only right to say that it will be a global phenomenon in a few years time.

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UPDATE (17.01.2020):

We have found out that GOptions has shut down their operations.

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Old Review:

GOptions is an online binary options broker that has been around since 2009. It has many traders that choose to use it as their major binary options broker. It has a proven record of focusing their efforts on trying to satisfy their traders many needs as much as possible. They were voted the best of the new online broker in 2020 and they are also the first website to allow FOREX trading. Here is what we found when we took a close look and reviewed the GOptions website.

Basic information:

Online since: 2009
Jurisdiction: British Virgin Islands
Software: SpotOptions
Max Returns: 90%
Bonus: 100%
Minimum Deposit: $200
Minimum Investment: $5
Maximum Investment: $5000
Currencies: USD, EUR. GBP, AUD
Mobile: Yes
Countries: All nations incl. US

– Excellent payout rates
– Types of accounts
– Demo account
– Accept a lot of different payment forms
– Special features

– LiveChat could be faster sometimes

7 Binary Options Rating:

Special Features

GOptions has some really unique trading features such as a BUY ME OUT feature where a trader can close a trade before expiration, a ROLLOVER feature that lets the trader extend the expiration of a trade and a DOUBLE UP feature that lets an investor make another trade of the same type with one mouse click.


Generous sign up bonuses are given in various percentages depending on what level an account holder a trader is. These will be covered a little more in depth under the ‘Types of Accounts’ section. The minimum deposit required to open up an account is $200 and the bonus is unlimited.

Maximum Profit (payout)

GOptions is no slouch when it comes to big returns on investment. A trader can get as high as a 90% return on investment when placing normal options trades and that can go even higher when placing trades such as ladder type options. So if a trader can correctly pick the way an option is trending at the expiration time they can make a lot of profit using GOptions.

They also have an extremely low minimum investment for making a trade; it is only $5. That means that any investor can afford to place just a little money on a trade that might be super risky, but come with a big payout. The maximum investment a trader is allowed to make is $5000. So there is definitely a big swing when it comes to the dollar amounts of investment allowed to make both big and small traders happy.

Types of accounts

GOptions had a lot of different types of account levels that a trader could be assigned. The level that a trader gets is directly related to the amount of their initial deposit, just like their sign up bonus. Each subsequent level has all the perks that come with the level below it plus some extra ones. Here is what we found as we traded with each level. GOptions likes to call their various account levels ‘loyalty programs’.

GOptions Micro account

The basic level or GOptions Micro account as it’s referred to, requires a minimum deposit of $200 – $499 ($200 is the absolute minimum deposit to be able to trade on GOptions). This level gives the investor a 25% sign up bonus to trade with and an additional bonus of 10% for every subsequent deposit. The investor will also get daily and weekly reviews of the market provided to them by GOptions.

GOptions Mini account

Next up is the GOptions Mini account which requires an initial deposit of $500-$999. This level gives the investor a 35% sign up bonus and additional bonuses of 20% for each subsequent deposit an investor makes. Further perks at this level of trading gain the trader access to a weekly call and tutorial session and 4 risk free trades of $25.

The GOptions Standard account

The GOptions Standard account is the next highest account that GOptions offers and it requires a deposit of $1000-$4999 to be assigned to that level of trading. This level gives the investor a 50% sign up bonus and additional bonuses of 35% for each subsequent deposit an investor makes. Further perks at this level of trading gain the investor access to 4 risk free trades of $50 each.

GOptions Gold account

If an investor wants even more perks than they must go up to the GOptions Gold account level. It requires a deposit of $5000 – $9999 to be assigned to that level of trading. This level gives the investor a 75% sign up bonus and additional bonuses of 50% for each subsequent deposit an investor makes. Further perks at this level of trading gain the investor access to 4 risk free trades of $250 each, alerts to breaking financial news, free auto trading signals (just like in many binary option robots) for 1 month and 10% insurance on all trades during an unprofitable month.

GOptions VIP Platinum account

The ultimate trading level on GOptions is the GOptions VIP Platinum account. – It requires a deposit of $10,000 or more for an investor to be assigned to this level of trading. This level gives the investor a whopping 100% sign up bonus and additional bonuses of 100% for each subsequent deposit an investor makes. Further perks at this level of trading gain the investor access to 4 risk free trades of $550 each, access to a personal account manager via Skype, three months of trading signals free and again the 10% non-profiting month insurance. If an investor deposits over $100,000 then they will receive a GOptions credit card also.

Once an investor has made the deposit they will then need some documentation to verify the account and start trading. These are all part of providing account security and complying with the anti-terrorism laws of countries like the USA.

Three things will be needed:

  1. Scan of a Photo ID: A passport or driver’s license will work fine here.
  2. Scan of a Credit Card: You can block off all but the first 4 digits and last 4 digits of the card.
  3. Utility Bill: Supply a utility bill that matches the address on the license or credit card.

Trading Platform

GOptions is yet another online broker that uses the popular SpotOptions trading platform. It is an easy menu driven platform that any level trader can get used to in a hurry.

Placing Trades

There are a lot of good ways to place trades on the GOptions website. They offer a variety of options to trade such as sixty-second options, the standard High/Low option, One Touch options and Pair Options trading.

There also was a large variety of expiration times that were available on 2options too. Such expiration times included 30 seconds, 60 seconds, 2 minutes, 30 minutes, 24 hours, end of the week and many others also.The trader can place trades on such assets as currencies, stocks, indices and commodities.


Learning Tools

The GOptions site provides its users with just an adequate selection of learning tools; some improvement can be done in this area for sure. But with that being said, it does offer its investors a very nice demo account with which to learn to trade on the website and they offer to refund a traders deposit if they are not happy with the site after trying the demo mode.


GOoptions tries their best to make banking as easy as possible and they do a nice job at it from what we could see. They accept a lot of different payment forms for both deposits and withdrawals. They allow such things as MasterCard, Visa, bank wire transfer, iDeal, Skrill Moneybookers POLI, Maestro, CashU, WebMoney, Cartebleue, Paysafe Card, Visa Electron and others; that is as good of a deposit payment form selection as you will see anywhere.

Withdrawals are simple with GOptions too. Many of the same methods that a trader used to place their deposit can also be used to withdraw money. There is no minimum amount that can be withdrawn, but be aware there are some fees that are associated with some types of withdrawals.

Overall, GOptions sticks to their desire to have a no hassle withdrawal policy. They are a company that does not treat your account money as theirs, but likes you to feel you have access to it at all times. They typically process the withdrawals the same day they are received and we got ours back when we reviewed the site in 3 days; many sites take well over a week to get withdrawals back to their investors. To say the least we were impressed with the short turnaround times.

They do their banking transactions in one of four acceptable currencies: the US Dollar, the British Pound, the Euro and the Australian Dollar.

Customer Service

We found the customer service with GOptions to be good but not great. A trader on their site was able to access customer service by phone, live chat or e-mail. When we contacted a live chat operator they responded quickly and answered knowledgeably all the questions we had to ask them.

They provide both US and United Kingdom phone numbers to access their customer service that way. GOptions also provides customer service in English, French, German and Arabic to better serve their many investors needs.


As was stated, there are some drawbacks to using the GOptions, but we highly recommend using this broker because of the many trading options the site has and the many unique bonus opportunities that come with it also. They offer to refund a traders deposit if they are not happy with the site after trying the demo mode, so there is no risk for the trader to try it.

Additional information

Customer Service: Live Chat / Email: [email protected]
Languages: English, French, German, Arabic
Trading Options: High / Low, One Touch, 60seconds, Long Term, Pair Options, Ladder Options
Assets: Currencies, Stocks, Indices, Commodities
Early close: Yes
Expiry Times: 30 sec, 60 sec, 2min, 15 min, 30 min, 1 hr, End of Day, End of Week, End of Month
Deposits and Withdrawals: Visa, Mastercard, Bank Wire, Skrill Moneybookers, iDeal, POLI, CashU, Maestro, Cartebleue, Visa Electron, WebMoney, Paysafe Card
Withdrawal Time: 3 days
Demo account: yes

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