Based on the provided search results and analysis, there is no direct information about a broker named “CHERTOPTION” with the official website ‘https://www.chartoption.com’. However, the website ‘https://www.chartoption.com’ is associated with a broker named ChartOption, which appears to be the subject of your query. This analysis will assume you meant ChartOption and proceed with an evaluation based on the requested criteria, using available data and critical reasoning.

1. Online Complaint Information ¶

• User Complaints: Limited direct complaint data is available for ChartOption in the provided results. One source mentions a user from Réunion Island unable to create an account and experiencing poor customer service via automated chat responses, describing the platform as “not serious”. Another user reported losing €4,500 after depositing €4,000, citing aggressive tactics by ChartOption representatives who encouraged large deposits with promises of high returns.
• Patterns: Complaints highlight issues such as poor customer service, difficulty accessing accounts, and significant financial losses due to misleading promises. These are common red flags for potentially unreliable brokers.
• Lack of Recent Complaints: The complaints are from 2016, and there is no recent data, which may suggest the broker is no longer active or has rebranded. The absence of current complaints could also indicate low user engagement or a lack of transparency in reporting.

2. Risk Level Assessment ¶

• Broker Reliability: ChartOption is described as a new broker in 2016 with limited experience, raising concerns about its reliability at the time. The lack of recent data makes it difficult to assess its current risk level.
• User Feedback: Negative user experiences, such as financial losses and aggressive marketing, suggest a high risk of financial harm, especially for inexperienced traders.
• Market Perception: Sources advise caution due to the broker’s association with a market (binary options) prone to scams and regulatory warnings. The general recommendation is to avoid such platforms unless they have a long-standing, proven track record.

3. Website Security Tools ¶

• SSL Encryption: No specific data confirms whether ‘https://www.chartoption.com’ uses SSL encryption, but the use of “https” typically indicates some level of security. However, this alone does not guarantee a trustworthy site.
• Malware/Phishing Checks: A source suggests checking ‘chartoption.com’ for malware, phishing, fraud, or spam activity via Scamvoid. Without direct results from such a scan, no definitive conclusion can be drawn, but users are encouraged to verify this independently.
• Security Red Flags: The lack of transparency about security measures (e.g., no mention of two-factor authentication or data protection policies) is a potential concern.

4. WHOIS Lookup ¶

• Domain Information: The domain ‘chartoption.com’ is listed for sale on HugeDomains, indicating it may no longer be actively used by the broker. WHOIS privacy protection is offered by the registrar NameBright, which hides ownership details. This lack of transparency about domain ownership is a red flag, as legitimate brokers typically provide clear contact and ownership information.
• Domain Age: A source recommends checking domain registration via lookup.icann.org to verify the broker’s claimed business history. If the domain was recently registered or has changed hands, it could indicate instability or rebranding to avoid past issues.

5. IP and Hosting Analysis ¶

• Hosting Details: The search results mention IP geolocation data powered by MaxMind GeoLite DB, but no specific IP or hosting details for ‘chartoption.com’ are provided. Legitimate brokers typically use reputable hosting providers with stable infrastructure.
• Red Flags: If the hosting provider is obscure or located in a jurisdiction with lax regulations, it could indicate higher risk. Without specific data, users should verify the hosting provider and IP reputation using tools like WHOIS or Scamvoid.

6. Social Media Analysis ¶

• Presence: No information is provided about ChartOption’s social media presence. Legitimate brokers often maintain active, transparent social media accounts to engage with users and provide updates.
• Red Flags: The absence of verifiable social media profiles or the use of unapproved communication channels (e.g., personal messaging apps) by representatives is a concern, as noted in FINRA guidelines. If ChartOption’s representatives used such methods, it could indicate non-compliance with regulatory standards.

7. Red Flags and Potential Risk Indicators ¶

• Aggressive Marketing: Users reported pressure to deposit large sums (e.g., €2,000 minimum) with promises of high returns, a tactic common among scam brokers.
• Poor Customer Service: Automated, unhelpful responses and lack of competent support were noted.
• Lack of Transparency: No clear disclosure of a physical headquarters address or customer service number raises concerns about legitimacy.
• Association with Binary Options: ChartOption operated in the binary options market, which is widely regarded as high-risk and prone to scams due to its speculative nature and history of regulatory crackdowns.
• Domain for Sale: The fact that ‘chartoption.com’ is currently for sale suggests the broker may no longer be operational, which could indicate past issues or abandonment.

8. Website Content Analysis ¶

• Content Claims: In 2016, ChartOption promoted itself as a simple way to generate supplemental income through trading, which oversimplifies the risks of binary options trading. Such claims can mislead inexperienced investors.
• Training Quality: The training provided by ChartOption was described as simplistic, relying on basic strategies like the martingale system, which is risky and often ineffective.
• Regulatory Claims: The website claimed affiliation with AMFF Ltd, regulated by CySEC. However, regulatory warnings about binary options and the broker’s lack of experience undermine this claim’s credibility.

9. Regulatory Status ¶

• Claimed Regulation: ChartOption was reportedly operated by AMFF Ltd, which held a CySEC license in 2016. CySEC is a legitimate regulator, but its oversight of binary options brokers has been criticized for being lenient in the past.
• Regulatory Warnings: Financial authorities issued warnings about binary options platforms, including those regulated by CySEC, due to their high risk and frequent association with fraud. The results also note that ChartOption is not regulated by top-tier authorities like the FCA, ASIC, or SEC, which reduces its credibility.
• Current Status: Given that the domain is for sale and the broker is no longer active, its regulatory status is likely irrelevant now. Users should verify any claims of regulation directly with CySEC or other authorities.

10. User Precautions ¶

• Due Diligence: Verify the broker’s regulatory status using official databases (e.g., CySEC, FINRA BrokerCheck) and check for warnings from regulators like the CFTC.
• Avoid High-Pressure Tactics: Be cautious of brokers urging large deposits or promising guaranteed returns, as these are common scam tactics.
• Test Small Amounts: If considering a broker, start with a small deposit to test withdrawal processes and platform reliability.
• Use Trusted Platforms: Opt for well-established brokers with strong reputations, such as BDSwiss or 24Option, which offer better training and transparency.
• Report Fraud: If defrauded, report to regulators, digital asset exchanges, or social media platforms involved, and seek assistance from organizations like Broker Scan.

11. Potential Brand Confusion ¶

• Similar Names: The query’s mention of “CHERTOPTION” vs. “ChartOption” suggests possible confusion. This could be a typo or an attempt to mimic a legitimate broker’s name, a common tactic among scam brokers.
• Related Brands: ChartOption was linked to AMFF Ltd, which operated other platforms like BinkOption and FaceOption. These brands may also cause confusion, especially if they share similar marketing or operational issues.
• Other Entities: The results mention unrelated entities like ChartHop (HRIS tool), Chartis (risk research), and Chartbeat (media analytics), which could confuse users searching for ChartOption. Always verify the exact URL and business purpose.

12. Critical Analysis and Recommendations ¶

• Current Status: The fact that ‘chartoption.com’ is for sale strongly suggests ChartOption is no longer operational. This could indicate past financial or regulatory issues, as brokers rarely abandon active domains without reason.
• Historical Concerns: When active, ChartOption exhibited red flags typical of high-risk binary options brokers, including aggressive marketing, poor training, and user losses. Its CySEC regulation provided some legitimacy, but not enough to counter the broader risks of the binary options market.
• Skepticism of Narrative: The broker’s promotional claims of easy profits conflict with the high-risk nature of binary options, a market banned in many jurisdictions due to widespread fraud. Regulatory claims should be scrutinized, as CySEC’s oversight was less stringent for such platforms in 2016.
• User Action: Avoid engaging with any platform claiming to be ChartOption or using ‘chartoption.com’ until its operational status and ownership are clarified. Use established, top-tier regulated brokers instead, and conduct thorough research using tools like Scamvoid, FINRA BrokerCheck, or WHOIS lookup.

Conclusion ¶

ChartOption, associated with ‘https://www.chartoption.com’, appears to be a defunct binary options broker with significant red flags from its operational period in 2016, including user complaints, aggressive marketing, and inadequate training. The domain’s current status (for sale) and lack of recent activity suggest it is no longer a viable platform. Potential brand confusion with “CHERTOPTION” or other entities underscores the need for careful verification. Users should exercise extreme caution, prioritize top-tier regulated brokers, and use security and regulatory tools to assess any platform’s legitimacy. If you need further analysis or assistance with specific tools (e.g., running a WHOIS lookup or malware scan), please let me know!