Garant Option is a brokerage company that offers cooperation to clients. According to the admins, it is suitable not only for experienced or professional traders, but also for beginners. At the same time, full access to the site can be obtained only after registration in the project. For a normal broker, such conditions are a mess. At the moment, negative reviews about Garant Option began to appear. In the review, we will analyze the broker in detail.
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Website
http://garantoption.com
Information about the broker Garant Option
The official website says that the broker has been providing its services since 2019. But at the same time the name Mexbinary appears. What is this company? And what does it have to do with a broker? That's right, none. Such a company actually exists, but it has nothing to do with the hero of our review. Let's take a look at what's going on with legal information.
The reseller claims to be registered at Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH 96960 with registration number 86967. Let's assume that's it. But then the question arises, where are the scanned copies of documents that would confirm this information? They are nowhere on the site. There are also big problems with contact information. The intermediary decided to hide all his data. There are no contact details on the site. Therefore, it is not known how clients should contact administrators.
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Trading conditions of Garant Option
The intermediary offers to trade binary options. It's really very risky. The minimum transaction amount is $10. There are certain trading limits on the platform: the maximum transaction amount is $5,000, the minimum deposit is $50 per transaction, the minimum withdrawal amount is 100$ per order. When withdrawing, the bank can write off for its services from 7% to 12% of the declared amount.
Opinions about Garant Option
Garant Option has overwhelmingly negative reviews. One of the users reports that this is a cloning binary platform and all the information on the site is from a previous scam. There are no licenses here. This project insolently steals money from users. One of their clients believed the broker's promises and invested several thousand dollars. After that, his personal manager began to talk about larger amounts and began to insist on a loan from a bank. After the client refused, the account was blocked.
Garant Option - scam
Firstly, the whole legend that is on the site is false. She remained from the previous project, and the scammers did not even change anything for the new project. Legal information is almost non-existent. Scanned copies of documents too. Experienced traders do not trust this platform. Collaborating with this platform is too big a risk. Once you invest your finances here, you cannot withdraw them from here. Fraudsters will very quickly transfer them to offshore accounts. And when they realize that there are no new financial receipts from you, they will simply block the account without the right to enter.
Conclusion
Garant Option is not a brokerage company at all, but a typical fraudulent project. Its main goal is to breed as many users as possible. Especially for beginners who are not well versed in trading. There is no real trade here and never will be. And if you are really interested in trading, then it is worth finding a reliable broker with licenses and legal documents.
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