OptionTrade Review

| July 9, 2016 | 3 Comments

Company Overview

OptionTrade is an award-winning binary options broker which was initiated in 2013. It is one of the earliest binary options brokers to be regulated by the Cyprus Securities and Exchange Commission (CySEC). In a very short period, OptionTrade has quickly established itself as a stable, responsible, transparent, customer-oriented, and reliable broker. Its mission is to provide clients competitive payout rates, unparalleled support system, free educational tools, and excellent trading experience.

Trading Platform

OptionTrade offers OT Trader trading platform to ensure that investors experience secure and advanced trading. This platform is purely web-based, so traders don’t have to download it. OT Trader possesses sophisticated technology, user-friendly interface and the fastest speed and is subjected to all leading payment options.

Traders can choose from three different types of accounts available at OptionTrade, which are Standard, Premium, and VIP. All accounts have USD, EUR, and GBP as the base currency.

For opening the Standard account, traders need to make a minimum deposit of $200. This account comes with a $25 risk-free trade with a payout rate of up to 83% and allows access to more than eighty assets. These account holders can get introductory level training and webinars.For opening the Premium account, traders need to make a minimum deposit of $1000. It comes with $50 risk-free trade with a payout rate of up to 85% and allows access to more than 120 assets. These account holders can enjoy basic level training and webinars. Customers can open a VIP account with a minimum deposit of $5000. This account comes with a $100 risk-free trade with a payout rate of up to 88% and allows access to more than 180 assets. VIP account holders can get an advantage of unlimited advanced and personalized training and webinars.

All of the accounts are subjected to Client Protection Insurance, Cash Match Bonus, hassle-free withdrawals, and free e-books. Except Standard account, all other accounts come with free video tutorials. Customers can also open a demo account with a $1000 virtual opening balance, and they can practice trading with the highly intuitive OT Trader platform. Users can also get access to over 200 assets.

Customers can make deposits and withdrawals through wire transfers, credit cards, and various online payment methods. It does not charge fees for either making deposits or withdrawing money.

Features

  • Regulated and licensed by CySEC.
  • Offers Cash Match Bonus.
  • Offers a large variety of assets.
  • Offers various deposit and withdrawal sources.
  • Offers a vast range of educational tools.
  • 24-hour availability of support system.

Customer Service

Customers can contact OptionTrade through a phone call, Skype, live chat, email, and fax. It offers a multilingual customer service with languages ranging from English, Chinese, Arabic and Indonesian to Italian, French, Spanish and much more.

Conclusion

OptionTrade has achieved a lot of success in a very short period. It provides all of the necessary services and facilities that an invoice or expert trader requires. With easy account opening procedures, excellent support system, and extraordinary services, it has proved itself as an efficient and reliable broker.

Office website: https://optiontrade.com/

Category: Binary Option

Comments (3)

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  1. Abbas Haider says:

    I have been trading forex for a long time now and this is my first binary options trading experience with this broker optiontrade as I was referred by their parent company hotforex. Since then i am successfully trading and withdrawing my profits with ease from them. They have a nice friendly customer services always willing to guide properly. I might recommend giving them a minimum of five star ratings as they really deserve it.

  2. Salma says:

    Trading for the last one year and i guess they haven’t had anything suspicious so far to complaint about. The trade execution is good and the platform is user friendly too. Moreover the withdrawals and deposits are instantly processed without any delay.

  3. lee says:

    I am trading forex with hotforex and i think its better to stick with forex trading as i have good monthly earnings in forex.

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