RegalOptions.com review – Is it a scam?
When I first saw the Regal Options website the thing that stood out to me was the fact that they’re authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC). This made signing up with them easier for me. That being said I have to honestly say that I wasn’t impressed with what they had to offer as of 2013. From what I can see currently RegalOptions.com seems to be a work in progress.
Personal thoughts regarding RegalOptions.com
The first thing that stood out to me about RegalOptions was their minimum deposit amount as of November 2013 that amount is $200 which isn’t too appealing to the novice investor. Being that currently RegalOptions.com is relatively unknown to the general population I think it would be in their companies best interests to lower that minimum amount to possibly get more people online to join them.
I should also point out that their $100 limit is also their limit if you’re depositing in USD/GBP/EUR. The positive for RegalOptions.com is that they’re regulated the negative from my stand point is they’re up against some stiff competition like Empire Options for example that is also regulated. I should also point out that I’ve known about Empire Options a lot longer and they have the trust of consumers.
Final thoughts regarding RegalOptions.com
Personally I currently consider RegalOptions as a work in progress I think skies the limit for this company however I think they should do a better job standing out. Binary options is becoming increasingly competitive and if you want people to notice your brand you have to have something that makes you stand out. Those are my thoughts I don’t think RegalOptions.com is a scam I do think they’re legit however based on my reviews I will not be recommending them at this time.
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