MarketOptions Binary Options Broker
It is to be noted, that MarketOptions provides a full range of financial services for customers in Europe and America, which is equal to the level of services provided at the home country of its incorporation. Considering the above, the said company can be at the moment perceived as a serious competitor to all promoted brands and companies that consider themselves legislators in the financial services industry in the countries concerned. MarketOptions is not worse than the main companies of the binary options market, and there are some positions in which this broker is leading. However let us describe everything in proper order.
Terms of trading
- Profitability - from 70% to 400%
- Loss recovery – up to 10 %
- Minimal deposit - 200$
- Minimal stake - 20$
- Demo account – Yes
- Mobile version – Yes
- Education – Yes
Registering on the website and opening a trading account with the company does not take a lot of time. You need 5 minutes in order to become a client of the broker, of which one and a half minutes will be spent completing the online registration form, and three minutes - for transferring funds to set up a trading account.
In order to fund the deposit, the client is provided with the system of instant replenishment by VISA and MasterCard, Cash-U payment system or bank transfer. It is a little short of the ways, of course, however it cannot still be considered critical. Everyone has a bank card nowadays. Especially if you are a customer of electronic money systems, the service of specified payment operators provides the creation of VISA and MasterCard virtual cards which could also be used to replenish the account opened at the broker.
MarketOptions as well as other European brokerage companies is using the SpotOption leased trading terminals. Moreover, that the software does not have any huge drawbacks. Terminal is dynamic and intuitive. Trade security is provided by SSL technology (Secure socket layer) that allows you to store terminal streaming data in complete safety. At the same time, with the said virtual trading platform each client of the company gains access to more than 160 financial assets, the most popular options, “Live” service showing the trade preferences of the majority of traders, as well as to the impeccable style of the terminal itself. Surely, customers can use the mobile version of the trading platform, having it installed to their own smartphone.
Let us note the main platform advantages:
- excellent intuitive trading;
- other traders “Live” trade preferences availability;
- two windows simultaneous trading;
- one click trading;
- streaming SSL security;
- reliable REUTERS quotes;
- there is no need to install the terminal to your own PC;
- a huge selection of trading assets;
- popular options.
- no technical analysis tools and opportunities available.
MarketOptions provides a fairly wide range of trading assets. The company has got more than 160 titles. Basically, it has never been a measure of professionalism, however, it is always nice to have a lot to choose from. These are the principles which the MarketOptions Company bases on. Moreover, that list being classically composed of stock indices, currency pairs and commodities, is supplemented by pair financial instruments.
The MarketOptions Company offers an addition of 50% to the amount of first deposit. The client needs to make a certain amount of trades to make these funds his own.
Types of options
MarketOptions provides its customers with four types of binary options, namely:
- Options for intraday trading. It is the classic type of option, which is the most popular among traders. The basic condition for profit is the trader’s right choice of price movement direction of an asset for a specified period of time. Profitability is up to 80%
- Options for long-term trading. Technology and principle of this option is similar to the first one. However, the lifetime of the trade amounts from several days to 1 year.
- Options for short-term trading. They are instruments for trading with short expiration dates.
- Touch option. It is an option that gains in popularity, especially because the profitability of this type of contract is 220%. The principle of trading is that the trader needs to correctly predict, or rather choose between two variants of price movement, whether instrument price "touch" or "do not touch" the predetermined strike-level price during the life of the trade.
- Paired options. This approach to trade binary options has lately become possible. Market players have never previously seen such a product. Nowadays such paired options are present in common trading platforms. These are synthetically created financial instruments. For example, it was possible to create a pair option CORN / EURUSD, OIL / PLATINUM and other financial assets through proper allocation of mutual quotations of financial instruments, with the help of which the trading opportunities may be significantly expanded. The principle of trading this type of option is anyway similar to the classic binary options trading.
Education at MarketOptions is in the golden middle. One cannot say that there are a lot of materials on the website. However, they are still capable of adding a certain level of knowledge to the traders’ inventory. On this website you will find interactive books, video tutorials, webinars as well as master classes from some successful traders. You will not find any fundamentally new studies on the website, but the level of materials provided is good enough.
Support service 24/7
The company's website support is multilingual (including English) and professional, since, according to the company, the managers were selected out of traders, who are good at all of the issues specifics. Of course, you can count on the support around the clock, as trading certain financial assets does not stop on the trading terminal even on weekends.
Customers can communicate with representatives of the company through online chats, calling back as well as a simple form of electronic mail messaging.
Deposit and withdrawal of funds
The company did not fill this section with a huge selection of banking payment systems. The website has just a few ways to fund your trading deposit. Those include VISA and MasterCard payment cards, Cash-U electronic system and bank transfer. As a rule, European brokers do so in the overwhelming number of cases, because they do not see any particular need to include additional payment systems to the service, provided everyone has a credit card.
The MarketOptions Company is a European level broker and it is undeniable. Even the design of the company’s website indicates some conservative restraint of a brokerage company, whose headquarter are registered in London.
Let us highlight some broker advantages:
- minimal deposit – 200 USD;
- minimal investment sum – 20 USD;
- SpotOption trading platform;
- wide selection of trading assets;
- pair options availability;
- “multiple windows” trading support;
- high level of customer’s protection;
- intuitive trading;
- 50% complimentary bonus;
- sufficient educational level;
- availability of tools for option time extension, doubling the position, etc.
- a lack of technical analysis tools in the terminal.
MarketOptions is a broker ready to take a leading place. If we consider the given broker among the other service market participants, the company occupies the top line in the middle of the list. The website literally "breathes" the traditional London restraint. The list of services is quite broad and well-balanced since you cannot find a section in the main or related services that the company had not handled well. Today, it can be concluded that with further zeal and diligence MarketOptions will take the place of market leader for binary options brokers in both Europe and the United States.