SharkOption
We checked SharkOption against the AskCheck register. It has been reported (2022) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
SharkOption claims it was created in 2009 and at the moment it's the top choice of more than 5,000,000 traders. But when we checked its domain, we found it was created in 2021. So how could it start its business in 2009? It is a red flag here. Besides, SharkOption presents no details of its regulation but only shows its company address is in Australia. As per relevant law, all companies and financial services including banks, credit unions, and mortgage and finance brokers in Australia should be regulated by the Australian Securities & Investments Commission (ASIC). However, we did not find any match results to SharkOption in ASIC. That means SharkOption 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. Therefore, it is a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report SharkOption.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.