OptionsXO Binary Options Broker
However, the style of the company tends to suggest that the broker is "ephemeral" because the site does not have anything that you could see with the other operators of financial services on the market of binary options trading. However, let’s start from the beginning.
- Profit - from 65% to 85%
- Reimbursement - 0%
- Minimum deposit - $ 200
- Minimum Bid - $ 10
- Demo - account - No
- Mobile version - No
- Education - No
One small table separates the man from the client's status. After completing this form you will be in service within the replenishment of the deposit, where you will be given the pound sterling, the euro and the dollar to choose from. As a tool of making deposits, you will see a large list of offers.
Trading in the company is done on the platform TRADOLOGIC, which is stretched across the page by filling all the empty space on the page for trading.
What does this terminal offer you? It is one and the most popular terminal for trading binary options in Eastern and Western Europe and the United States. All that is necessary for beginners is present in the terminal. It is striking in its simplicity and is very intuitive.
At the same time, professional traders will not work with it, since it does not contain any tools or indicators and graphical objects for technical analysis. The platform has these pluses:
- Accessibility for the intuition of newcomers in binary trading;
- Good selection of assets and options for trading;
- High trade protection;
Cons of the platform:
- The technical instruments, indicators, graphical objects are completely absent in the platform.
In OptionsXO 8 shares, 16 currency pairs, 3 commodities, 12 indices are available, which makes 39 assets that is quite a bit amount compared to other brokerage companies from the UK.
The company has a periodic action. Fixed bonuses are absent.
Types of options
OptionsXO filled its terminal with the following types of binary options:
- "High - low" - the classic type of the binary trading;
- "Range" – the option to punch the border;
- "Short-term" – options with 60, 120 and 300 seconds of expiration dates.
The education on the company’s website OptionsXO is completely absent.
The support of the site is held in 11 languages including English. At the same time, on-line chat rooms, telephone and e-mail that are present on the site show that professional support is still provided and maintained in a format 24/7.
Deposit and withdrawal
To deposit the funds such services are provided: Moneybookers (Skrill), AMERICAN EXPRESS, Liberty Reserve, Diners Club, Ukash, Visa, MasterCard, Maestro and CashU. This is more than enough to fill the funds for your deposit. The deposit is made instantly. The process of withdrawal takes 3 days at least.
Pros / cons
The broker has such pluses:
- Minimum transaction of $ 10
- The minimum deposit - $ 200;
- Fun to execute and simple to understand trading platform;
- The safety of trading;
- A sufficient selection of types of binary options.
The drawbacks are:
- The lack of online teaching;
- The lack of news support;
- Lack of analytics;
- The absence of technical instruments for trading.
OptionsXO is the company that created the online visibility of a professional broker. At the same time, the broker is appraised in red on any of the obligatory features. The policy of the broker shows no desire to develop.