About 72 Option
Overview
72 Option is a broker registered in Bulgaria, established on March 5, 2019. The company operates under the domain 72option.com. According to our records, the broker does not hold any known regulatory licences from recognised financial authorities.
This absence of regulation is a significant factor for potential clients. Regulatory oversight typically provides a layer of protection for traders, including segregated accounts and dispute resolution mechanisms. Without it, traders may have limited recourse in case of issues.
Regulatory Status
Our research indicates that 72 Option is not licensed by any major financial regulator such as the FCA, CySEC, or ASIC. The only registration is a company incorporation in Bulgaria, which does not equate to financial regulation.
This lack of regulatory oversight means that the broker's operations are not subject to standard compliance checks. Traders should be aware that this increases the risk of potential misconduct or financial instability.
Risk Profile
FXCanary's Scam Risk Score for 72 Option is 51 out of 100, placing it in the 'Elevated' risk category. This score reflects the combination of the broker's unregulated status, limited public information, and relatively short operating history.
An elevated risk score does not conclusively prove fraudulent activity, but it signals that traders should approach with caution. Due diligence is strongly advised before committing any funds.
Account Types and Trading Conditions
Due to the lack of independent web search results matching this broker, we have no verified information about account types, spreads, leverage, or trading platforms offered by 72 Option. The official website is the only potential source of such details, but we have not been able to confirm its content.
Traders interested in this broker should seek direct information from the company's website and verify any claims independently. Without transparent public data, it is difficult to assess the trading environment.
Conclusion
72 Option presents itself as a broker but operates without recognised regulatory authorisation. The elevated risk score and lack of verifiable information make it a high-risk choice for traders.
Our recommendation is to prioritise regulated brokers where investor protection mechanisms are in place. For those considering 72 Option, extensive personal verification is essential, and only risk capital should be used.
Overview compiled by FXCanary from regulatory records and public data. full 72 Option review