Update: Currently the most trusted broker in the business is IQ Option. It’s in the business for several years now and has multiple licenses in various reputable jurisdictions. So, if you want to go safe, then go IQ Option. How to Find the Best Italian Binary Brokers? You can usually know if a broker is suspicious just by their unprofessional name. Once the money is deposited, no one will reply to your emails anymore or answer your phone calls.
This broker appears to be ripping off the trust and name of the broker 24Option, which is a legitimate broker licensed in the European Union. Safe24Options and 24Option are NOT the same company. The most common complaint about this broker is complete non-payment regardless of the amount. Usually once you register a customer service representative will approach you and make all kinds of wild claims and promises that if you deposit a very large amount he’ll show you an unknown winning secret. Once you deposit, you’ll never hear from him again. There are rumors according to which Sycamore Options is being run by the same company as TraderXP, another binary options scam.