|Regulation||EU licensed and regulated by CySEC|
|Trading software||Cutting edge OT Trader Platform, Ladder|
|Headquartered||HF Markets Europe Ltd, Spirou Kyprianou 50, Irida 3 Tower, 10th Flootr, Larnaca 6057, Cyprus|
OptionTrade is a dynamic, EU regulated Binary Options broker. Powered by HotForex, an award-winning FX broker, OptionTrade is fully licensed by the Cyprus Securities and Exchange Commission (CySEC), complies with MiFID (Markets in Financial Instruments Directive) regulations and is also a member of the Investors Compensation Fund (ICF).
|Address||HF Markets Europe Ltd, Spirou Kyprianou 50, Irida 3 Tower, 10th Flootr, Larnaca 6057, Cyprus|
|Digits after the dot in quotes|
|Minimum position size|
|Pip spread on majors||1-3|
|Standard account, $||100|
|Mini account, $||100|
|Popular payment methods||Visa, Wire Transfer, MasterCard, WebMoney, Skrill moneybookers, iDeal, Neteller, Sofort, American Express|
|Languages||English, Russian, French, Chinese, German, Spanish, Hindi, Greek, Italian, Bulgarian, Korean, Polish, Arabic, Indonesian, Portuguese, Czech, Vietnamese|
|Platforms||Cutting edge OT Trader Platform, Ladder|
I’d like to share with you this particular encounter that I had a couple of months ago. I have been trading for a couple of years now and I understand not all platforms are perfect. Even the big players have malfunctioning sites too. Which brings me to OptionBit. I first encountered OptionBit through my trader friends who have been with them for months, after a checking their platform, offers and talking to some users, I immediately joined the band wagon. I like how their platform works. It’s simple but all the things that you need to see is there which make it comprehensive yet concise. The platform also is easy to navigate which I like, it’s very convenient to use and to trade. What I also like in the platform is the agents here. I have talked to a lot of people in this industry, but nobody matches the collaborative and professional nature of OptionBit agents. One of my agents here whom I grew close with is Patrick. Patrick is my go to guy whenever something’s up. I remember my first time as a member here, he really took time in explaining to me all. I may not a beginner but I have a lot things on my mind that needs to be addressed. We took each of my questions like a grain of salt, each was answered and addressed well. Patrick is also informative and honest to talk to. Regularly I get updates and info which are necessary for me in my trades. I don’t mind getting info and updates for him because I see results anyway not only that, He also informs me the risk each transactions can go to. I have nothing but full appreciation on his honesty which I find some Brokers here in this industry lacks. He’s been very reliable partner for me even though I tend to do things on my own and can be a pain sometimes.
Not good for options trading. I actually lost $200 on trading options here. Each broker offers different types of contracts on binary options. There is a difference on the same contracts and factors that impact performance. What’s more important is that OptionTrade can manipulate these factors whether you have right or wrong forecast. No mater if you buy call or put option.
Without any doubt, OptionTrade is the most attractive brokerage firm in binary options industry. It has more than enough assets for trading. I think there are more than 200 assets. No reason to compare to other brokers because six different types of options allow using whatever strategy you want. I really like risk free trades and bonuses program. In this case the more profit I get, the more I ready to deposit. This kind of approach gives me bonuses on each new deposit I make. Finally, I want to make required trading volume to withdraw all bonuses from account. Only one thing, you need to trade profitably or you will lose all money. Don't be stupid if you think you know everything. I took all courses in options academy before made real money deposit. So it's very useful service where I got all of my theoretical experience. And little bit more...
I am a day trader usually trade forex however on my friend's recommendation, i also started trading binary options with them three months ago. Since then i had easily made some good returns on my investment. They have supportive team and great services. I think they really worth appreciation, highly recommended safe broker! I have traded with some other brokers as well however that was a terrible experience waiting for the withdrawals for many days and then loosing hopes of getting being paid for my own profit payments. I don't like to discuss others but the least i can say about this broker is that they are really worth giving a try. My withdrawals are always processed on time and i get them on the same business day. It's highly recommended broker.
One of the best broker. Good support, great executions and nice comissions.