OptionSmarter Review

| July 9, 2016 | 0 Comments

Company Overview

OptionSmarter is a binary options broker situated in Cyprus and regulated by the CySEC. It has been providing its services to traders since 2007. Like many renowned brokerages, this company is controlled by a team of experienced and expert professionals in the financial and trading industry who are specialized in trading forex and binary options. It gives its clients outstanding services which even excels the industry level. It provides a rich and powerful trading platform which is suitable for traders of all levels.

Trading Platform

OptionSmarter offers its clients SpotOption trading terminal, which is considered one of the best and preferable platforms in the financial market. It is a very simple platform, yet it contains all of the features required for advanced binary options trading. It has multiple views, previous expiry prices, risk level, sentiment indicator, and much more. In short, it is the most efficient trading platform which meets all of the trading requirements of a trader.

The company offers its traders various varieties of bonuses and other advantages throughout the year. After traders register themselves for opening a new account, they can get either up to 50% of the amount insured for every loss that occurs or a welcome bonus. In this way, they build a more trustworthy and long-lasting relationship with new customers by lowering the chances of risk and rewarding them.

The trader can open an account with USD and EUR only. The account requires an initial deposit of $250 and as a result, the trader receives a welcome bonus of 50%. Whenever a trader makes a deposit from $750 to $999, they are rewarded with a 70% bonus and by depositing $1000 or more, they receive a bonus of 100%.

OptionSmarter permit its customers to make payments from popular payment options which provide 100% security and a fast process. The options granted by OptionSmarter are credit card, debit card, bank wire transfer, and local payment through Skrill Moneybookers, Neteller, and Liberty Reserve. If customers are depositing money through wire transfer, a minimum of $500 is mandatory, but if they are doing so by credit cards, the customer is required to deposit a minimum amount of $200.

Traders can also withdraw funds by these payment options. However, making withdrawals with bank wire transfer may take three to five days and may cost you an additional $30 as bank fees.

Features

  • Payouts with up to 100% returns.
  • Multiple chart views (line charts and candlesticks)
  • Bonuses and 50% insured amount on losses
  • Simple yet advanced SpotOption trading platform
  • Economic calendars, risk, and sentiment indicators
  • Market analysis and alerts

Customer Service

Traders can reach OptionSmarter’s customer service officers through live chat, emailing via the support form available on the website, and phone calls. Its support system is available from Monday to Friday.

Conclusion

OptionSmarter is a pleasing binary options broker, but it lacks some services that trader looks for while selecting the perfect broker for trading. These drawbacks are a lack of customer support languages, professional training, demo account, and a variety of payment options. However, if these flaws are not important while assessing a broker, it is overall a good choice because of its bonus offers, insured losses, and secure trading platform and payment options.

Company Overview

OptionSmarter is a binary options broker situated in Cyprus and regulated by the CySEC. It has been providing its services to traders since 2007. Like many renowned brokerages, this company is controlled by a team of experienced and expert professionals in the financial and trading industry who are specialized in trading forex and binary options. It gives its clients outstanding services which even excels the industry level. It provides a rich and powerful trading platform which is suitable for traders of all levels.

Trading Platform

OptionSmarter offers its clients SpotOption trading terminal, which is considered one of the best and preferable platforms in the financial market. It is a very simple platform, yet it contains all of the features required for advanced binary options trading. It has multiple views, previous expiry prices, risk level, sentiment indicator, and much more. In short, it is the most efficient trading platform which meets all of the trading requirements of a trader.

The company offers its traders various varieties of bonuses and other advantages throughout the year. After traders register themselves for opening a new account, they can get either up to 50% of the amount insured for every loss that occurs or a welcome bonus. In this way, they build a more trustworthy and long-lasting relationship with new customers by lowering the chances of risk and rewarding them.

The trader can open an account with USD and EUR only. The account requires an initial deposit of $250 and as a result, the trader receives a welcome bonus of 50%. Whenever a trader makes a deposit from $750 to $999, they are rewarded with a 70% bonus and by depositing $1000 or more, they receive a bonus of 100%.

OptionSmarter permit its customers to make payments from popular payment options which provide 100% security and a fast process. The options granted by OptionSmarter are credit card, debit card, bank wire transfer, and local payment through Skrill Moneybookers, Neteller, and Liberty Reserve. If customers are depositing money through wire transfer, a minimum of $500 is mandatory, but if they are doing so by credit cards, the customer is required to deposit a minimum amount of $200.

Traders can also withdraw funds by these payment options. However, making withdrawals with bank wire transfer may take three to five days and may cost you an additional $30 as bank fees.

Features

  • Payouts with up to 100% returns.
  • Multiple chart views (line charts and candlesticks)
  • Bonuses and 50% insured amount on losses
  • Simple yet advanced SpotOption trading platform
  • Economic calendars, risk, and sentiment indicators
  • Market analysis and alerts

Customer Service

Traders can reach OptionSmarter’s customer service officers through live chat, emailing via the support form available on the website, and phone calls. Its support system is available from Monday to Friday.

Conclusion

OptionSmarter is a pleasing binary options broker, but it lacks some services that trader looks for while selecting the perfect broker for trading. These drawbacks are a lack of customer support languages, professional training, demo account, and a variety of payment options. However, if these flaws are not important while assessing a broker, it is overall a good choice because of its bonus offers, insured losses, and secure trading platform and payment options.

Category: Binary Option

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