SharkOption Review : Fees, Pros and Cons, Reviews by Real Traders

SharkOption

Operating status: SCAM

Website: https://www.sharkoption.com/

Broker violations and abnormal records

Sep 01, 2022 BrokersView has Reviewed that SharkOption is an Unregulated Forex Broker
SharkOption claims it was created in 2009 and at the moment it's the top choice of more than 5,000,000 traders. But when we checked its domain, we found it was created in 2021. So how could it start its business in 2009? It is a red flag here.
Besides, SharkOption presents no details of its regulation but only shows its company address is in Australia. As per relevant law, all companies and financial services including banks, credit unions, and mortgage and finance brokers in Australia should be regulated by the Australian Securities & Investments Commission (ASIC). However, we did not find any match results to SharkOption in ASIC. That means SharkOption is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

SharkOption claims it was created in 2009 and at the moment it's the top choice of more than 5,000,000 traders. But when we checked its domain, we found it was created in 2021. So how could it start its business in 2009? It is a red flag here.Besides, SharkOption presents no details of its regulation but only shows its company address is in Australia. As per relevant law, all companies and financial services including banks, credit unions, and mortgage and finance brokers in Australia should be regulated by the Australian Securities & Investments Commission (ASIC). However, we did not find any match results to SharkOption in ASIC. That means SharkOption is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
Dec 04, 2022 BrokersView has found that SharkOption is not working
BrokersView found the domain "https://www.sharkoption.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

BrokersView found the domain "https://www.sharkoption.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.
Dec 04, 2022 The Italy CONSOB Added SharkOption into Its Warnings
On 5 Dec 2022, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that SharkOption was not authorized to provide financial services in Italy. You may visit: https://www.consob.it/web/consob/dettaglio-news/-/asset_publisher/hZ774IBO5XPe/content/press-release-of-1-december-2022/718268

On 5 Dec 2022, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that SharkOption was not authorized to provide financial services in Italy. You may visit: https://www.consob.it/web/consob/dettaglio-news/-/asset_publisher/hZ774IBO5XPe/content/press-release-of-1-december-2022/718268

Reviews

Be the first to review.

Rate and Review

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.