Optionard Binary Options Broker
Optionyard is a broker that with its attempts to gain a foothold and find its place in the market of binary options trading, gives hope to its emergence as a leader of the mid-level. And all the makings of a broker for such a place of honor are present.
- Profit - from 65% to 200%
- Reimbursement - 0%
- Minimum deposit - $ 200
- Minimum Bid - $ 10
- Demo - account - Yes
- Mobile version - Yes
- Education - No
Optionyard offers unpretentious registration form to fill in, after that you will be moved to the page introducing the trading deposit funds. For this the broker has prepared not a very huge choice of services, however, it included the most popular payment systems.
A pleasant fact is that even though the company is fundamentally a broker from Cyprus, but for trade it provides more adapted for binary options trading terminal TRADOLOGIC, which is especially very popular in Eastern and Western Europe and America.
The platform is just the thing for beginners, though it does not include any technical equipment. However, it is visually pleasant, quick in response to the orders, and functionally rich. The terminal has the following pluses:
- Great interface which is understandable even for a novice;
- A good set of options for the types of trading;
- Very fast response to the trader’s orders;
- Safe trading intermediary security protocols;
Cons of the platform:
- Tools for technical analysis are not provided.
There are not enough assets for trading in the company. Only 35 financial instruments, of which: 16 currency pairs, 2 commodities, 5 indices and 12 shares. However, among them there is everything the most necessary, popular and highly liquid.
At the completion of the first deposit the company contributes to the newly opened account 100% of the client’s deposit.
Types of options
The company offers the following options for trading:
- Digital options - classic options;
- Range options - options on the breakdown of the price range;
- Touch options – options on touching of the specified levels;
- Turbo options – options with a minimum expiration.
The company has no training at all.
The support in the company is present in 5 languages. It offers 24/7 format and highly qualified specialists (English as a language of the support is present). The site is supported by such means as telephone, email and online chat.
Deposit and withdrawal of foreign currency
For input-output means the company offers such payment systems as: WebMoney, MoneyBookers, and Swifft translation. Transfer of funds is made instantly, and the withdrawal takes 3 days. It is worth remembering that the financial transactions on withdrawing are prohibited without verifying the client’s account.
Pros / cons
The broker has such pluses:
- The minimum deposit - 200 USD;
- Easy trading platform for the beginners;
- A program of bonuses on the first deposit;
- Secure trading by SSL protection;
- A good selection of options.
The drawbacks are:
- The absence of a platform indicators, graphical tools, candlestick and bar charts and timeframes;
- The lack of online learning;
- A small selection of assets to trade;
- The absence of the company's website analytics.
Optionyard is a broker which path to the financial services market has just begun. This proves the continuous improvement in the quality of financial services and related types of options trading. However, the listed cons say that the broker, at the moment, is below average and it is not able to satisfy all the requests of trading in the civilized world. Plus, in addition, its activity is not regulated by anyone yet.