iOption Review

iOption Review - Where Slow but Sure Gave Fast Returns for Traders Now

Finding the best binary options broker to partner with is always the first concern of any traders - whether a newbie or an expert. At the end of the day, every trader wants to have the highest return even if they only invested a small amount of capital. Succeeding in this type of trading takes a lot of know-how and research - and this includes reading on reviews of possible brokers to partner with. Among the many possibilities of brokers is iOption.

What started as a small broker in Cyprus is now one of the most trusted binary options broker online, now iOptions is headquartered in British Islands. Although considered as a slow starter in the binary options industry, over the years they were able to build their reputation and became one of the most reliable brokers online - slow but sure. In fact, they are one of the companies that have a wide diversity of assets for trading. With 82 underlying assets, visiting www.iOptions.com is well worth your time.

Features list

·         Regulated –No

·         Founded date – 2008

·         Demo account – They call it as trial account where traders can deposit their money but have the right for a complete refund within 5 days from opening the trial account.

·         Starter Bonus –iOption have welcome bonuses for traders but did not specify how much but they encourage contacting their support staff to know more about the incentives waiting for traders. Bonuses would also vary for each account type.

·         US Traders Accepted – Yes but UK traders are not allowed.

·         Easy Deposit Options - Yes through credit cards, wire transfers and E-wallet

·         Live Chat or Phone Support - Yes

·         Out of Money refund – Yes from 1 to 15%

·         Easy Withdrawals – Withdrawals can be done through credit card, wire transfer and digital wallet. Before you can withdraw, there is a need for you to authenticate the account with documentation proofs needed.

·         Withdrawal fees –One withdrawal is exempted from commission fees per month.A fee of 25 Euros or 30 USD will be charged if there are additional withdrawals after the monthly free withdrawal.

·         Asset Classes – Stocks (32), Forex (15), Indices (28), and Commodities (7)

·         Multi-Language – English, Arabic, Turkish, Portuguese, Italian, Romanian,Spanish, French, Dutch

·         Minimum Deposit Amount –200 EUR or 200 USD

·         Reputation – In February 2011, iOptions.com received the Best Broker Awards for being the Most Reliable Binary Options Broker by FxEmpire. With so many asset classes to trade from and several options for accounts, programs and bonuses, iOption is a promising site for newbie traders and experts alike.

Rundown on iOptionFeatures

It’s not unusual for binary option brokers to offer up to 81% on the return of investment just from a single trade, which is also what iOption is offering. Although they are at par with their competitors, what makes them unique is their trading option known as one-touch. Under this option, traders are able to request for trades even if it’s a weekend where market is closed. But even if that’s the case, the trader’s position will still remain open during the rest of week until such time that the target is hit.

In cases where the set rate will be reached, as a trader you can expect that by the end of the week, you will be able to receive the payout. On the other hand, if the target will not be hit, the trader will then lose the sum that was invested. The one-touch feature of iOptions offers a payout of up to 400% that happens to be the highest in terms of return of investment for an online trading transaction.

Another feature that could be very useful for binary options traders is the chance to roll over an option. You can use this when the option that you have chosen looks like it will end up in an out of the money category. As a trader, you would most likely want to extend the option’s expiration time so that you can close it successfully - which is what the roll over feature offers.

Also in iOption, traders have the privilege to choose the expiration time of the option that they want to trade in. Their choice could range from as fast as fifteen minutes to as long as one month. This would depend on how knowledgeable the trader is when it comes to the market as well as their trading style.

Trading Platform of iOption

One of the most vital categories for choosing a binary options broker online is the functionality that are being offered in their own trading platform. But over the years, iOption slowly developed their trading platform until it became one of the most well respected trading platforms in the market.

They have learned from their previous mistakes on their trading platforms and now showcases a platform that is easy to use and can even be enjoyed by traders of all levels. Practically all the information that you need is found at the trading platform, so there’s no need for you to change pages. 

 iOptionCustomer Support

Chat, email and phone support are the customer support options you have for this company. What I didn’t like about their chat support is that requires your email first, which not all clients are willing to give.

Slowly but surely - is proven time and again to be an effective method for growing a company. This is why most traders trust iOptions because they know how to get traders like you to the top the right way.