Their main office is located in Larnaca, Cyprus.
All the sections are properly labeled and it was nice to see that the information was clearly laid out and easy to follow.
Opening an account took only several minutes from start to finish. Accounts There are three different accounts to choose from at OptionTrade.
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All three accounts can be traded via the OptionTrade mobile app. Not all binary brokers are so generous and plus opton binary options reviews limit the span of usage to a month or so. The demo account can be set up through any of the three accounts and trades are executed in real time. Features A trader has several options to choose from at OptionTrade.
With the classic binary option trade, a trader can predict in which direction the price will move within a predefined time period. Clients can trade all of the products available from the asset list.
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- PlusOption does have very strict bonus rules set in place, such as: before withdrawing the bonus and deposit, the sum must reach a trading volume of x
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The Long Term Binary Option is essentially a prediction of which way the market will move within a predefined longer term time period usually a week. Only a selected plus opton binary options reviews of assets is available with this option.
If a trader notices a trend in the market, he can jump right in by trading options that expire within just 60 seconds. This option was designed specifically for traders who welcome fast paced trading and who can respond quickly and effectively to sudden market movements.
There are 60 currency pairs available with this option.
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With Ladder options, the strike prices are spaced at equal intervals, just like the rungs of a ladder, and for each preset a trader needs only predict whether the underlying asset will close above or below the strike price by a certain point in time. The Pairs option is a perfect plus opton binary options reviews traders looking to spice up their investments by focusing on the relationship between two different instruments.
The myOptionTrade client area is an all-in-one account management solution where traders can manage all of their trading accounts via the same user-friendly interface by logging in only once.
There is no time limit on the required volume. Withdrawals are made using the same methods.
Education OptionTrade has recently expanded the already extensive instructional material it offers its traders at the Academy. There are videos on the basics of binary option trading and more advanced lessons on strategies and trading tools.
In addition, traders can view videos that instruct on how to use the OptionTrade platform. OptionTrade Forex Courses Registered traders can tune in to participate in online webinars presented by Blue Sky Binary, a leading industry educator.
They can also benefit from past prerecorded webinars.
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Major concepts and terms are listed clearly in their glossary section and there is an up-to-date economic calendar. I spoke to a representative via Chat and found it to be a pleasant and instructive experience.
Conclusion All in all, I found OptionTrade to be efficient and user friendly. Setting up an account is simple and trades are executed efficiently.
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Back to Top Features OptionTrade offers traders mostly standard features. The one that stands out the most is their risk-free trade promotion which entitles anyone opening one of their three trading accounts to receive a risk-free trade, the amount dependent on the chosen account.
Not many binary option brokers offer this option and it goes a long way to bring in new clients.
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OT Trader highly intuitive, user-friendly interface enables any trader, whether novice or advanced, to trade binary options in just one click. Plus, because OT Trader is web-based, there is no need to download; all you need is an internet connection to trade on-the-go, from any device.
OptionTrade Trading Platform With OT Trader, traders can invest in over financial assets including currencies, commodities, indices and stocks via a comprehensive range of binary option products and trading tools such as Rollover, Double Up, Sell Option, Multi-view and others. Mobile Traders at OptionTrade can use their mobile devices from anywhere at any time.
The mobile app offers the same features and trading tools as the web-based platform.
OptionTrade Mobile Platform.