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:

  1. Minimum turnover $50,000 – revenue share 20%.
  2. Minimum turnover $100,000 – revenue share 30%.
  3. Minimum turnover $200,000 – revenue share 40%.
  4. 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 Focus Option website interface supports 5 languages from Asia and Latin America. However, all legal documents are presented in English only. 

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.

FAQ

What are the key facts about Focus Option?

The site belongs to an offshore company owned by the anonymous organizers of this business. They do not provide their contacts, but each potential client is required to provide their phone number in the contact form table. The legal address and start date of the project are not documented.

What's the risk to my wallet when working with this broker?

When working with Focus Option, users risk losing their money, as the broker does not have a license and therefore has no right to engage in financial activities. Transactions take place only in cryptocurrency, and the client will not be able to challenge and prove the absence of a transfer of digital money to their wallet. In addition, binary options are unprofitable and they are banned in many countries, including the USA.

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