OptionsXO Review

| July 9, 2016 | 0 Comments

Company Overview

OptionsXO is a well-known binary options broker. Since its inception in 2012, it has built an excellent reputation and emerged to be an honest and dependable broker. It offers easy and understandable features and tools for all types of clients. Traders can trade in forex, indices, stocks, and commodities. Its aim is to become one of the foremost binary options brokers in the money market by providing outstanding services and creating prosperity for its customers.

Trading Platform

OptionsXO uses TechFinancials trading software which runs from the browser. You don’t need to switch tabs searching for various required trading information because it adjusts everything and presents all the necessary information like available binary options, expirations, analysis tools, open positions, reports, product selection menu, and much more in front of you in one full-size window.

There are four different accounts offered by OptionsXO, which is Mini, Silver, Gold, and Platinum. The starter account or Mini account doesn’t need any particular activation process since it is an automated account. It can be opened with $200 and only allows access to the basic features of the trading platform.

With the Silver account, you will need to reach the customer support system before depositing. They will tell you about different options depending on your deposit amount. From $2000, you will be able to get better payouts, access to 24/7 customer support, learning center, and personal trading support.

You can open the Gold account with an initial deposit of $5000. It is also a loyalty program and an upgraded version of the Silver account with higher payouts and expanded attributes.

The Platinum account is the best one yet with higher payout ratios as compared to the previous accounts, and it gives access to all of the features. However, for opening an account, you will be depositing $10,000. New customers can get different welcome bonuses and can claim a substantial bonus amount too.

OptionsXO offers a variety of sources for payment options. You can make deposits and withdrawals via bank wire, credit cards like MasterCard, VISA, Diners Club, American Express, and Maestro International, and web-money providers like Ukash, Skrill, and CashU.

There is no fee charged on the deposits, but you will need to pay $25 for withdrawing money. Also, there is a minimum requirement of withdrawing $100 from any sources except wire transfer where the minimum requirement is $200. Withdrawals can take 4-7 days.

Features

  • A very easy trading platform layout.
  • Offers a good amount of bonuses.
  • Considerate support system.
  • Gives substantial payout ratios.

Customer Service

OptionsXO provides an outstanding customer service in globally spoken languages such as English, French, German, Arabic, Italian, Spanish, Russian, and Turkish. To contact it, customers can reach it through various methods like phone, email, fax, and live chat.

Conclusion

OptionsXO allows every trader to open a standard account from $200 only, which is lower as compared to most other brokers. With its multilingual and attentive customer support system, high payout ratios, high bonuses, numerous payment methods and other exceptional features, it is becoming one of the best options for trading instruments.

Category: Binary Option

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