BlueForexOptions is a CFD broker whose official domain was registered on February 27, 2024. The broker primarily provides investors with investment services in markets such as forex, commodities, indices, stocks, and cryptocurrencies. It does not offer services in countries and regions where it may violate local laws or regulations.
Company Registration Information and Regulatory Status
Public information on the BlueForexOptions (blueforexoptions.com) official website indicates that the broker is regulated by the UK Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC). However, all customers will deal directly with BlueForexOptions A/S, and all customer agreements will be signed with BlueForexOptions A/S, thus falling under Danish law.
Upon investigation, no regulatory information was found for a company named "BlueForexOptions" in the databases of the UK FCA, ASIC, the Danish Financial Supervisory Authority (Danish FSA), or the Netherlands Authority for the Financial Markets (AFM).
Therefore, BlueForexOptions (blueforexoptions.com) is essentially an unregulated scam broker website.
Trading Instruments:
BlueForexOptions offers clients a variety of trading products, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves the exchange of different currencies, known for its high liquidity, allowing traders to profit from exchange rate fluctuations.
- Indices: Indices trading allows speculation on the performance of entire markets or specific sectors without trading individual stocks. By exploring popular indices, one can find diverse trading opportunities and use high leverage to enhance potential returns.
- Commodities: Commodities trading covers key global resources, enabling traders to buy and sell various raw materials including metals, energy, and agricultural products.
- Stocks: Stock trading allows investors to participate in the price fluctuations of public companies, earning from both price changes based on company performance and dividends, without actually holding the stocks.
- Cryptocurrencies: Cryptocurrency trading offers opportunities for digital currency enthusiasts to profit from highly volatile assets.
Account Opening Procedure
To open a BlueForexOptions trading account, visit the broker's official website, click on the "Open Account" link at the top right corner to go to the account registration page. After filling in personal information such as name, phone number, and email, and setting a password, submit the form. Upon verification, the account registration will be successful.
Investment Plans
BlueForexOptions offers six different types of investment plans: STARTER PLAN LEVEL 1, STARTER PLAN LEVEL 2, BRONZE PLAN LEVEL 3, BRONZE PLAN LEVEL 4, SILVER PLAN LEVEL 5, GOLD PLAN LEVEL 6.
STARTER PLAN LEVEL 1:
- Minimum Deposit: $300
- Expected Profit: 2.75%
- Duration: 1 - 6 months
STARTER PLAN LEVEL 2:
- Minimum Deposit: $500
- Expected Profit: 2.75%
- Duration: 1 - 6 months
BRONZE PLAN LEVEL 3:
- Minimum Deposit: $1,000
- Maximum Deposit: $5,000
- Expected Profit: 7.5%
- Duration: 7 days
BRONZE PLAN LEVEL 4:
- Minimum Deposit: $6,000
- Maximum Deposit: $9,000
- Expected Profit: 15%
- Duration: 7 days
SILVER PLAN LEVEL 5:
- Minimum Deposit: $10,000
- Maximum Deposit: $20,000
- Expected Profit: 30%
- Duration: Daily
GOLD PLAN LEVEL 6:
- Minimum Deposit: $30,000
- Maximum Deposit: $65,000
- Expected Profit: 50%
- Duration: Daily
Trading Platform
BlueForexOptions claims to provide users with the MT5 trading platform, but the broker cannot be found on MT5.
Deposits and Withdrawals
BlueForexOptions only supports deposits via various cryptocurrencies.
Summary:
Traderknows reminds investors that BlueForexOptions is a scam broker that lures investors with promises of high returns. This site is actually unregulated and can only be contacted via email. It is recommended that investors choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
