No serious incident, regulator action or shutdown found in the sources we checked. Not an endorsement.
No incident, regulator action, shutdown or unverified claim matched our rules as of Oct 15, 2026.
Your money: Connects to your exchange or broker with API keys; funds stay in your account there.
Rule-based, not an opinion or a rating of performance. How report cards work. Payouts never change a report card. Not investment advice.
Fact sheet
- Pricing
- Pro $149/mo ($99/mo billed annually); free with qualifying TradeStation, Tradier or tastytrade accounts.Source: optionalpha.com/pricing
- Markets / exchanges
- TradeStation, Tradier, tastytradeSource: optionalpha.com/integrations
- How it touches your money
- Broker integration
- Code / license
- Proprietary
- Official site
- optionalpha.com
- Last checked
- Oct 15, 2026
Incidents & red flags
No security incidents, enforcement actions or shutdowns found in public sources as of Oct 15, 2026. That is not an endorsement.
Impostor warnings
California’s DFPI has logged 7 scam reports using a name like “Option Alpha” on a different website. These are not the real Option Alpha; they borrow the brand.
A California victim reports they followed an Instagram user who claimed to be a professional “binary trader.” At some point, this “trader” persuaded the victim to invest $1,000. Following the trader’s instructions, the victim accessed the platform, loomoptionsmarket.com, and deposited bitcoin into the trader’s cryptocurrency wallet through a crypto asset kiosk. After that, the trader encouraged the victim to…
Source: CA DFPI Crypto Scam TrackerA California victim was contacted by “Jan Thomson & Brewee Lindasay” through Telegram chat about a cryptocurrency investment. Jan and Brewee promised the victim that a $50,000 investment would earn profits of $100,000 to $200,000. The victim was instructed to purchase crypt assets and send them to website us.gocoinoptions.com. Jan and Brewee provided screenshots showing the victim had indeed made profits, but…
Source: CA DFPI Crypto Scam TrackerA Californian reports that he was contacted via direct message on Instagram by a stranger calling himself “Donald Henry,” who claimed to be a crypto investor. While the victim was initially wary of investing with someone he did not know, “Donald” spent months convincing the victim that he could mirror “Donald’s” trading success using the same AI software “Donald” did. The victim claims that he had an agreement…
Source: CA DFPI Crypto Scam TrackerThe victim thought he was investing in cryptocurrency through the website osoptionsexhchange.com and sent U.S. dollars. Scammers provided screen shots showing profits, but when victim tried to withdraw the money, he lost all contact with company.
Source: CA DFPI Crypto Scam TrackerThe victim met “Mrs. Linda” and they communicated through WhatsApp. At some point, Linda convinced the victim to open an account with Reliable Option Trade and told him to deposit $500. Victim then got a message from the company’s Support Team saying he could get Bitcoin if he deposited another $1,000 into his account. Then he was asked to deposit another $3,500 but he told them he didn’t have that amount, so…
Source: CA DFPI Crypto Scam TrackerThe victim met “Mike Vestil” on Instagram. They talked and at some point Mike told her she could make money investing. He introduced her to “Jason Brandon”, who offered to show her how to trade Bitcoin to make money. Jason instructed her to start a plan with a minimum of $500-$1000 for 5-7 days trade. The victim transferred Bitcoin into Jason’s wallet at infinityoptions.net. After that, Jason asked for more money…
Source: CA DFPI Crypto Scam TrackerThe victim received a notification on Instagram that “Rembrandt Flores” was requesting to follow her. She thought the request was from somebody she knew. Rembrandt sent her a message saying hi and asking to talk about her day. At some point, Rembrandt asked to move the conversation over to WhatsApp, and there, mentioned cryptocurrency trading, telling the victim he could show her how to invest. He directed her to…
Source: CA DFPI Crypto Scam TrackerCompare
Before you connect any bot
- Type the official address yourself (optionalpha.com). Don’t follow links from DMs, WhatsApp or Telegram groups. You can check a website for look-alike domains.
- If it uses exchange API keys, turn off withdrawal permission and restrict the key to the bot’s IP addresses if your exchange allows it.
- Start with an amount you can afford to lose and check the fees above against your trade size.
- Be suspicious of guaranteed or daily returns. They recur throughout the cases on our watchlist.