Company Information

Get to know SpotOption.com

Founded in 2010, SpotOption became the world's leading technology provider for the binary options industry, powering hundreds of online brokerage brands. The company provided a complete, turnkey "white-label" solution that included the trading platform, website development, payment processing integration, and customer management tools, allowing entrepreneurs to quickly launch their own brokerage. However, the company and the industry it enabled came under intense international regulatory scrutiny for fraudulent practices. Following multiple investigations, an FBI raid on its Israeli offices in 2017, and the subsequent conviction of its CEO for fraud, the company ceased operations.

Industry

Technology White Label PlatformPRIMARY
Technology Software Development
Technology Software Trading Platform

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SpotOption.com

Israel

Founded in

2009 (17 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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--/10

Reviews

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

Company hasn't provided information.

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.