We recommend choosing one of our top binary option brokers instead:. Try also Binary Option Robot if you are looking for automated binary trading. In a new binary options broker burst onto the scene that everybody started raving about; that broker is Option. Those of us here wondered what all the fuss was about that made this broker so popular in such a short period of time. So as is our tradition, we decided that we would take a look at this broker that is attracting a large number of binary options investors even though it is just in its infancy.
The second we clicked on the icon to take us to the broker we were immediately thrilled when we arrived at the website. The menu items that were available to guide us where we needed to go were laid out nicely and easy to understand. The site was well designed and looked great, to say the least. We were definitely anxious to sign up and get started; we wanted to see if this site performed as well as it looked and as their positive customer reviews indicated.
Signing up for the Option. It just takes filling out a simple form to verify your identity; no biggie since it is for your own security and it should give you a good peace of mind to know that Option. The minimum deposit with Option. With that being said, it is no problem whatsoever if an investor wants to open up an account with more than the minimum required deposit.
As with most binary options brokers , Option. We mentioned bonuses briefly already and Option. It is always nice for any trader to get a few extra dollars in their trading account for free. These bonuses help to reduce some of the growing pains from learning a new trading platform and they will also allow you to experiment with different trading strategies without risking the original funds you deposited in your account.
As with most binary options brokers, the bonus for new deposit accounts on Option. One of the things that stood out about Option. Binary options brokers have to protect themselves from investors signing up with them and just withdrawing the bonus money and then leaving the site, so they will require a minimum amount of dollars traded before any withdraw can be made of the deposit bonus. Typically this amount is 30x to 50x the amount of the initial deposit.
The deposit bonus also determines what level account you will be placed into. Generally speaking, the more you deposit the higher level account you will start out with and the more site benefits you will receive. That is one of the reasons that it is encouraged that you make as big a deposit initially as possible. A lot of extra benefits and a higher deposit bonus are things you definitely want working on your side.
There are account levels that will satisfy any trader on Option. This account is ideal for those investors that just want to check out the website, are new to binary options trading or just like to play around with some trades once in a while. Here are its features:. This is the most popular account on Option. This level account takes trading up to a whole new level of seriousness.
It is most definitely for those who consider themselves professional traders. This one is definitely for the big boys and heavy hitters who like and can afford to place a lot of money on their binary options trades. We like to recommend online brokerage sites that help improve the binary options trading knowledge of their investors and Option.
The best thing about their site educational wise would have to be their real nice demo account feature. Demo accounts come in handy because they help new traders on a site familiarize themselves with the trading platform without risking any real money. They also will help those new to trading learn the nuances of binary options trading without losing their hard-earned investment dollars.
Their informative eBook covers everything from basic binary options learning materials to advanced trading strategies. So there is information in there that will appeal to both novice and veteran traders alike. Webinars are a great instructional tool and Option. The website itself is constantly adding new ways for investors to increase their binary options trading skill level.
No investor likes to trade on a web platform that is hard to navigate around and is not laid out well; that is why Option. Both novice traders and veteran traders will have no problems acclimating themselves to this trading platform. It is a nice bonus for any trader that uses the Option. Asset selection is another area where we really felt that Option. Most traders like a wide variety of assets to choose from and there are over 90 popular ones with this broker.
There is no reason that any investor cannot find a few assets that they are familiar with and can have success trading. The combination of using the SpotOption trading platform and Option. Trading pages are well laid out and easy to understand; even the trades themselves are simple to execute and only take a few point and click maneuvers with a mouse to execute.
Among the type of options that an account holder on Option. That provides a lot of flexibility and choices to those that trade with this broker. There are also several different expiration times that these option choices can be traded on. The mobile app gives them more access to do trading on such things as lunchbreaks, pauses in events and while commuting on mass transit to and from work.
What do all the learning tools, the easy to use trading platform and these many trading choices add up to? The answer to that is a whole lot of chances to consistently make winning binary options trades.
When an investor trades successfully on Option. That is a much better return on investment than other types of market trading can consistently boast. We have already discussed how easy it is to make deposits and open an account with the Option. There is enough variety there to accommodate any traders desired deposit payment form. Withdrawals are just as easy as making deposits and you can use many of the same methods to make a withdrawal as your deposit was made in.
Customer service seems to be one of the only chinks in Option. It is still considered a work in progress apparently and that is not unexpected considering the newness of the site. When the customer service team did respond to issues they were prompt, thorough and handled the issues addressed very well.
We think the hype that this site generated was legit. None of us here who looked at the site have any problems recommending Option.
We especially liked their demo account, their low minimum investment and their high return on investment. This site really has the right platform and the right combination of tools to help make any binary options investor be successful and profit on their trades consistently.
I would recommend IQ Option for a broker. It is the best in the business now. If you are looking for binary option robot — then Option Robot is the best. Your email address will not be published. John Miller Related content: We have found out that Option.
We recommend choosing one of our top binary option brokers instead: Additional information Customer Service: John Miller Author at 7 Binary Options. John has worked in investment banking for 10 years and is the main author at 7 Binary Options. He holds a Master's degree in Economics.
Do you think this service will be coming back, or is it closed for good? I rather liked it when it was still around. You will find full reviews here: Leave a Reply Cancel reply Your email address will not be published.More...