Twinoption's Official Website Is Currently Inaccessible. The Company Appears To Have Gone Out Of Business. Therefore, We Can Only Gather Some Relevant Information For Reference Only.
2022-06-10 We, Upon Review, Confirm That Twinoption Is An Unregulated Foreign Exchange Dealer
Twinopion Claims To Be An Authorized Foreign Exchange Dealer, But Does Not Provide Details Of Its Supervision. The Lack Of Such Important Information May Be A Signal For Unlicensed Traders, As Regulated Traders Always Display Their Certifications And Operating Licenses In A Prominent Position. This Is A Red Flag.
Since The Contact Number Provided By This Broker In The Website Belongs In The UK, We Searched In The UK Financial Conduct Authority (FCA). However, We Did Not Find Any Results Matching This Broker. This Means That Twinoption Is An Unregulated Forex Broker. Investors' Funds Invested In This Broker Are Not Safe And Cannot Be Protected By Any Laws. It Is A Fake Broker.
Since It Is Not Possible To Access The Broker's Website At This Time, We Are Also Unable To Obtain More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposits, Etc.
As For Regulation, It Has Been Verified That Twinoption Does Not Currently Have Any Valid Licenses.
But Most Non-compliant Brokers Will Not Disclose Providing Other More Direct And Truthful Contact Information, Such As Phone Numbers Or Company Addresses.
Note: Twinoption As A, Unregulated Broker, This Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If Investing In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious When Selecting Traders, And Remind Everyone To Stay Away From These Unregulated Ones As Much As Possible.
