Votrex Trading?


Richard Webb asked 3 months ago

Has anyone heard of or used this company? I can’t find any info on them. Their site is votrextrade.com. They look a little sketchy to me, but I wanted to reach out to others to verify.

1 Answers
Steven Hay answered 3 months ago

Hi Richard,
 
I’d never heard of them either. I agree that the site looks rather sketchy, with some weird grammar mistakes which one wouldn’t expect of an American company. Binary options in general are a poor choice for trading Bitcoin – the odds really favour the house the way they structure their trades. Your upside is limited but your downside is 100% of your investment, which is a much worse prospect than trading real Bitcoin on a crypto exchange. I also dislike the $500 minimum investment – that’s a bit much for testing the exchange out.

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