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Operating status: SCAM
Website: https://equityoptiontrade.com/

On June 20 2022, Securities Commission of The Bahamas (SCB) issued a warning that Equity Option Trade is conducting financial activities without authorization. You may visit: https://www.scb.gov.bs/wp-content/uploads/2022/06/SCB-Public-Notice-No.-5-of-2022.pdf
Equity Option Trade claims to be authorized and regulated by the Securities Commission of the Florida. However, it is not an authority that regulates forex activities or issues forex licenses.
Equity Option Trade also claims to be a subsidiary of Equity Option Trade PLC, a firm authorized and regulated by the United Kingdom Financial Conduct Authority (UK FCA) with registration number 434413. We searched the UK FCA and found the number belongs to another firm named Activrades Plc. That means this unlicensed broker is falsely using the regulatory information about a licensed firm.
What's more, the Securities Commission of the Bahamas (SCB) issued a warning that Equity Option Trade is conducting financial activities without authorization.
That means Equity Option Trade is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe and the money can not be protected by any laws. Therefore, it is a scam.
BrokersView found the domain "https://equityoptiontrade.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.
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