Amid the growing controversy surrounding binary options brokers in general, FreshForex, an offshore-regulated broker mostly active in Russia and Asia, announced it is launching FreshOptions – a new binary options broker.
Not surprisingly, FreshOptions promises “the highers payout percentage for a successful deal – up to 86%” and promises the potential clients big gains “easily and quickly”. “Only FreshOptions will return you up to 15% of investments for a wrong prediction,” the broker pledges. Of course, all one needs to do is sign up and give them money. No experience, market analyzes and economic knowledge are required – just predict a price movement.
The trading platform is Binaric and the liquidity provider is the UK LMAX Exchange. The minimum deposit for trading is $10, but there is also a free demo account. The broker offers numerous deposit and withdrawal options such as Visa and MasterCard, China UnionPay, Visa QiwiWallet, Skrill, paysafecard, Yandex, etc. The assets, which can be traded are: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD, EUR/JPY, USD/CAD, gold, benchmark crude oil and the German index DAX.
FreshForex, the parent of the new binary options brokerage, is the trading name of Riston Capital, which is headquartered in Russia and registered in St. Vincent and the Grenadines. It offers forex and contracts for difference (CFDs) trading services.
FreshForex is a member of Russia’s commission for the regulation of relations on financial market, KROUFR. In the Russian market, the broker had a monthly trading volume of an average $3 billion in 2015 and about 7,800 active accounts. The broker, however, does not have a forex license in Russia and has not applied for one.