Since its founding in 2008, iOption has grown to become one of the major binary option brokers in the world financial markets. Its efficiency and professionalism, coupled with a user-friendly platform for binary options traders, has made it one of the most preferred platforms on the market. iOption is a privately owned group of companies and has its headquarters in Cyprus and the British Virgin Islands. It started as a local broker and in just four years has expanded into a global trading brokerage firm.
So what makes iOption so special?
This broker has a unique trading platform which contains an option builder. This builder gives brokers and customers the freedom to manage their profits and risks in whichever way they deem appropriate. This increases potential for profitability and improves the clients’ trading techniques. Moreover, this platform also allows institutional traders as well as both professional and amateur investors to trade binary options in real time. Since the platform is web-based, traders can invest from any place in the world without any need to download and install software.
How does iOption work?
It's simple. The minimum deposit required for start of trade is $250 and a minimum of $10 as trade amount. Clients have the option of trading up to $1,000. There are three types of accounts offered by iOption, namely: The Starter, The Trader, and VIP. The starting amounts vary with the type of account. The starter has the lowest amount with $250 while the trader and VIP accounts have $2,000 and $5,000 respectively. Since iOption operates globally, its trading platform together with customer support can be accessed in several different languages which include English, German, Spanish, French, Romanian, Portuguese, Arabic, Italian and Turkish.
To help serve clients better, iOption has a dedicated customer support team which is available for the clients during the trading session. All assistance a client might need to trade can be found there. In addition to one-on-one training, the broker also provides live chat and technical support to its clients. There is a dedicated account service manager whose work is to guide the customers in the first crucial steps of trading as well as help them get to know how the iOption system operates. The manager can also answer technical questions if any occurs.
In recognition of its success, the broker has received a number of international awards. This includes the Best Education Broker award in recognition of the comprehensive education section the broker has as well as the several binary option courses iOption offers.
|Status||does not work|
|Trading conditions||Min. Deposit: $250
Bonus: Up to 100%
Market : Forex, Commodities, Stocks, Indices
Payouts: up to 90%
Demo Account: Yes
|Languages||English, Turkish, Portuguese, Italian, Arabic, German, French, Spanish|
|Payment methods||Credit Cards, Wire Transfer, Moneybookers|
|Min. Deposit, $||250|
|Stocks||CITI (US CITIGROUP), Apple, Nike, Gazprom, British Petroleum, Google, Lukoil, Coca Cola, HSBC, Rolls Royce, Reuters, Toshiba, Teva Pharma|
|Currencies||EUR/USD, GBP/USD, EUR/GBP, USD/CAD, USD/CHF, USD/RUB, GBPJPY|
|Commodities||Gold, Silver, Wheat, Coffee, Crude Oil (light sweet crude), Sugar, Platinum|
|Indices||Dow, Nasdaq, FTSE100, Xetra Dax, S&P500, CAC40, other Asian and Middle Eastern indexes|
|One Touch Binary Option||Yes|
|High Yield Touch||Yes|
|High/Low Binary Options||Yes|
|Range Option (In/Out)||No|
|60 Second Option||No|
|Instant Profit withdrawal||Yes|
|24/7 customer service||Yes|
|Bonuses&Promotions||Up to 100%|
|Address||1st floor IDE Ioannou court, 13 & 15 Gregoris Afxentiou Street Mesa Yeitonia, P.C. 4003 Limassol, Cyprus; Tel: 357.220.30077|
|Actualization date||May 24, 2013|