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Al Option

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Risk Level - High

Scam Evidence & Warnings

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The OSC issued a warning against Al Option On 4 March 2024, the Ontario Securities Commission (OSC) issued a warning that Al Option was providing financial services or products without authorisation. You may visit: https://www.osc.ca/en/investors/warnings/al-option

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BrokersView has Reviewed that Al Option is an Unregulated Broker Al Option claims to be authorized and regulated under the European Financial Security, but there is no such regulatory agency in Europe. The European regulatory agency is the European Securities and Markets Authority (ESMA), we searched the ESMA but found no matching results.Al Option claims to be operated by Raw Trading Ltd, which is regulated by the Seychelles Financial Services Authority (FSA). We searched the FSA and found a matching result. But the websites registered in FSA are https://www.icmarkets.sc and https://www.icmarkets.com, which are different from Al Option (https://aloption.io/), it's a redflag.The Ontario Securities Commission (OSC) issued a warning that Al Option was providing financial services or products without authorisation.The truth is that Al Option is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law.Al Option is a scam.

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BrokersView has identified that Al Option's website is currently offline BrokersView found that the domain "https://aloption.io/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

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Does Al Option allow scalping? Al Option may be a bogus trading platform as it is not licensed. We strongly suggest you avoid it.This platform either provides fake regulatory information or misappropriates details of other legitimate companies to deceive investors into believing its legitimacy and authenticity. This is a significant fraudulent practice and a red flag.What's more, the Ontario Securities Commission (OSC) issued a warning that Al Option was providing financial services or products without their authorization.As such, Al Option is not a secure option, presenting potential risks of fraud and identity theft. It is highly recommended to stay away from unlicensed platforms like Al Option and instead choose fully regulated ones. View Source

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