The site is owned by Focus Option Ltd, which is registered in St. Vincent and the Grenadines with IBC number 356 in 2020 and is headquartered in Kingstown. However, there is no information on the website about the owners and managers of the firm. Should you trade with this intermediary? Is it really a promising young project or just another scammer? We will make a review of this platform and try to answer questions about the legitimacy of the broker.
How to Trade
Focus Option offers High/Low and Turbo options trading on a proprietary terminal. You can deposit and withdraw funds in USDT, ERC, and USDC. There are no internal transaction fees.
Affiliate program includes 4 types of levels with the following conditions:
- Minimum turnover $50,000 – revenue share 20%.
- Minimum turnover $100,000 – revenue share 30%.
- Minimum turnover $200,000 – revenue share 40%.
- Minimum turnover $400,000 – revenue share 50%.
Members of the referral program receive exclusive promotions, access to conversion tools, a dashboard, and advanced reporting information.
The company promises clients to show financial news, changes in the business and political climate of different countries, and central bank rates. The website contains links to the broker’s Twitter, Instagram, Facebook, and LinkedIn pages.
Focus Option Vital Info
The company was founded in 2020 and officially registered in the offshore of St. Vincent and the Grenadines. However, according to the broker’s statement, this project started in 2021 and it was founded by “a team of traders and industry leaders”. Meanwhile, not a single organizer is represented in the public information. The company allegedly employs more than 100 people, but only about 20 people have followed its social media accounts. By the way, the opportunity to leave reviews and comments on these profiles is open, but no one has used it yet.
There is no data on financial regulation on the website. Scans of the company’s registration certificates or its licenses are also not presented to customers. Does the platform really belong to this offshore unregulated brokerage company? Is it possible that such an organization does not exist at all, or is it not related to this site? We cannot know for sure if the broker’s documents are in order or if the firm’s history is actually falsified.
As an experienced trader, I will never invest a penny in such a platform. In fact, we are faced with typical scammers who beautifully invented information about themselves and lure victims with beautiful advertising. In fact, it is a cheap fake company that will close in two months and steal all your deposits.
It was a pleasure to cooperate with this company, at first my trading was successful. I do not know what happened to the broker in recent months, but now trading has become just disgusting. There are some new conditions on the platform, because of which an obviously successful trade can now close in the red.
I do not cooperate with binary options, because there is no trust in them, and I do not see any point in working with them either. Even if the company withdraws money at the moment, it does not give you a guarantee that tomorrow it will not cheat you. This scenario is quite real, and it often happens with binary options. But what I think about this broker is that it does not even try to pretend to be a safe intermediary, but drains the money as soon as the trader sends funds to the balance. I read the comments on the network and I found out that these thieves also actively apply the most famous fraudulent schemes. For example, they persuade trades through a personal analyst. Have you ever asked yourself why brokers give their clients some super analysts who know how to trade? Why didn't they start trading themselves and making millions of dollars? Instead, they work on a cheap website and offer their help to people with 100 dollars in their pocket. Agree that this is nonsense. The same is the case with trading signals. Why doesn't the broker themself trade on their signals on the stock exchange, since they have 90% profitability? If you understand the logic of my questions, you will also understand that all these offers of companies with binary options, including focusoption.com, can not bring profit to clients, so they are actively promoted by these services through referral programs, so that as many clients as possible used their dubious services and drained their money. You should not trust such false brokers, I repeat it once again. I trade only with real brokerage companies that make money on commissions or spreads.
Don't believe these scammers. This is a regular scam that I "gifted" my 130 USDC to.
I was lucky to trade with a good broker. It was focusoption.com that for me become one of the best services with binary options, which withdraws funds always on time, without violations of regulations, without hidden costs. The technical support works promptly, the operator answers quickly and clearly, I was verified in a matter of minutes, problems, if any, are also solved super fast. Traders are helped by the provision of auxiliary functions, news feed, calendars, ready analytics. If I had to advise any trading platform, I would recommend this particular company. Of course, some of you will say that it is risky to trade through an unregulated binary options broker. Yes, I agree, but just because a broker does not have a license does not mean this company is fraudulent. I know a lot of binary brokers, which even though they worked with licenses, but still managed to fool and cheat clients.
These are real scammers, they professionally manipulate your mind and gain your trust with daily phone calls. I believed in their promises and now I am crying because lost almost 16 thousand euros. Traders, please read and check the company's license, address, so you don't cry like me. Be VERY WARNING, and BETTER DO NOT GO TO THIS SITE EVER!!!
Do not believe these cretins!!! Broker Focus Option in general has little understanding of modern trading, think about it, these scammers do not even say whether they have a license to conduct such activities. I did not check this fact and they stole a huge amount of money from me, more than 12 thousand euros!!! Managers first persuaded me and imposed their services, and then just disappeared, stopped answering my calls, and blocked my account ... replenishing the account of such platforms - is almost 100% complete loss of money!!! Scammers have no moral principles and apparently never will! Beginners, be careful, you risk your money!
My deposit of 3,254 dollars was stolen on Focus Option, since the request for withdrawal is not executed, I contacted tech support and they told me to wait, but the operator forgot to specify how much time they will need :( my request hangs with the status "check, withdrawal in 24 hours", but almost 2 weeks have passed :( I do not understand where to complain about the broker and how even to return the money?!! This is some kind of deception... If I knew that I would be in such a situation, I would never have registered here. By the way, the company has no license and is registered in an offshore zone, so you should think carefully before transferring your money here!
I funded my account with 500 dollars when I signed up for Focus Option, but the greed of these scammers is endless, I immediately received a notification to add another 100 dollars to pay some kind of insurance premium. I felt uncomfortable, but I still did as the manager asked. I worked for a while, but I didn't like the transaction fees of this fake broker and decided to end the cooperation. But the scammers never let me withdraw my money! They came up with the idea that I owe them something, what the hell! Don't let them drag you into this trap!
I funded my account with 200 dollars, trading went well at first, then very badly, I tried very hard to make money, but I still failed. I drained half of it quickly and decided to withdraw the remaining 100, but Focus Option did not withdraw my money, at first the broker said that there were no commissions, but then they appeared and amounted to exactly my 100 dollars. I do not feel sorry for the money, as the amount is insignificant for me, but I was very angry at the fact of deception!!
It's a scam, fraudsters stole my money, 892 dollars. At first I had a good plus, and then there was a sharp decline in one transaction against the market. I won't be able to get a dime back, I won't be able to appeal the scammers actions anywhere!
I am pleasantly surprised at how customer-oriented this brokerage firm is. For example, immediately after registering an account with Focus Option a personal manager will call you and tell you about the advantages of the company, explain all the terms and conditions in detail, and answer all your questions, that is, he will give you a short educational course. This helped me a lot at the start, as well as the training materials that I immediately received in addition to the verbal instructions. I spent the first month on training. I practiced on the terminal without money, studied the platform, and after I created my working strategy, I moved to a real deposit. The first two trades I merged safely 😂 But the amounts were small, and many other traders started with losses🙂 Well the third time I succeeded more or less, when I added strict risk management to my work. Now I have brought my account up to 1,300 USDT, I have withdrawn profit twice, once 100 USDT, the second time 350 USDT. Transactions are going well, no problems. I will note the help of employees of this firm, who are very attentive to all requests of newcomers.
I think that this is a decent company with acceptable conditions:) the main thing is that the broker is honest and does not drain my money:) otherwise lately I have come across too many fraudsters. Here the withdrawal is fast and there are enough assets to work with. In general, I recommend it to everyone.
It is strange that I heard mostly positive reviews about Focus Option, which of why I decided to really try trading here. And what do I see? Horrible service, unfinished platform, which works with outdated software. Support is always unavailable, I tried to contact at different times of the day - the result is the same. I am outraged by the commission for each order, it feels like the administration thinks only about their own profit. In general, I am deeply disappointed with this "broker"
I had no experience trading with binary options and am now planning to sign up with Focus Option, as my colleague highly recommended this service to me. On the other hand, I really don't want to lose my money, although my colleague praises this broker very much, but this company works without a regulator, its activity is not licensed. What do you think, should I start trading with my zero experience? :) I understand that it is possible to master the methods of binary options in practice, but I want to start earning after learning the minimum theoretical basis :)