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Starting our GOptions review we would like to say that this binary options broker gives special importance to customers service, simplicity and security of trade and a high level of safety equipment. It offers over 200 assets, trading tools, big payouts. GOptions headquarters, as well as its Billing Agent and Clearing Services, are located in Bulgaria. For the first time the company entered the market in 2009. It offers services of access provision to world financial markets. GOption allows you to use a variety of tools for working with deals and offers a lot of assets. You can choose turbo binary options with expiration time: thirty seconds, sixty seconds and 2 minutes. The broker also provides its users with GOptions demo account for practicing. A list of alerts is given for each asset, which will help you with trading decisions. You can also select higher / lower trading options with a longer time of expiration until the end of the day, the end of the second day, etc. (depending on the asset).
GOptions platform does not require any previous trading experience, so even beginners can start trading and feel quite comfortable. It`s totally web-based that means you can trade from any place in the world without the need of downloading some additional programs or software. The trading platform is 100% secure to use for investments. Due to special SSL technology all your personal information is perfectly encrypted and confident.
|Welcome Bonus||Up to 100% bonus|
|Return Rates||Up to 90%|
|Trade Range||$5 up to $5000|
|Types of Currencies used for Transactions||US Dollar, UK Pound, Euro, Australian and Canadian Dollars|
|Option Types||Call/Put, One Touch, Ladder Options, Pairs, Turbo trading, Forex, SpotFollow|
|Safety Net||Not available|
|Assets||Stocks, Commodities, Forex / Currency Pairs, Indices|
|Commodities||Coffee, Gold, Oil (Light Sweet Crude), Platinum, Silver, Sugar, Wheat|
|Forex||EUR/CHF, GBP/USD, EUR/USD, EUR/GBP, USD/CAD, USA/JPY|
|Indices||BOMBAY SE, CAC, DAX, DOW, DUBAI, FTSE 100, HANG SENG, KL FUTURE, KUWAIT, MICEX 10, NASDAQ, NIKKEI225, RTS FUTURES, S&P 500, SSE180, TADAWUL, TEL AVIV 25, TOPIX, VIX|
|Stocks||IBM, APPLE, BP, CITI (US), COCA COLA, GAZPROM, HSBC HOLDINGS, LUKOIL, MICROSOFT, NISSAN MOTOR, SBERBANK, TATA MOTORS, TESCO|
|Methods of Bank Transactions||Visa Electron, Visa, Maestro, MasterCard, Diners, Delta, Skrill, WebMoney, CashU, iDEAL, Neteller, wire|
|Trading Platform||No download required|
|Supported Countries||DE, ENG, FR, ES, RU|
2 Lyuben Karavelov floor 2 flat 5 Plovdiv, 4002 Bulgaria
GOptions.com Review - Trading Platform
The broker's platform is a slightly modified version of the classic platform. But despite the simplicity, it is fairly easy for use and provides the user with all the features for comfortable binary options trading. In addition the platform has a very good speed of response to user commands.
In this Goptions.com review we should add that broker's web-site is available in several languages, including German, Arabic, Russian and Greek. The original version of the site is English. The customer service works 24/6 and is available on live chat, Skype, social networks like FB, Twitter and by telephone and email of course. GOptions has a great number of educational materials adjusted for traders of different levels. On its site you can visit binary options blog, read binary options daily analysis, trading strategies, learn more about Forex trading and watch educational videos, free charts with economic calendar.
It should also be noted in GOptions review that the broker has several awards, including FBO award for Fastest Withdrawals 2015, Secure Binary Broker Certificate, etc.
The platform provides with a variety of tools to work with both open trades and graphs. Trading instruments suggested by GOptions are rather interesting.
Rollover. The main function of Rollover is an expiration increase of the option. Using this instrument, you exchange your option to another option with a longer expiration. Use it when your forecast is correct, but you need to extend the time of the trade. To do this, you have to pay an additional fee, which varies in different brokers, but it is usually a percentage of the investment amount.
DoubleUp. It is a unique feature that allows customers to take advantage of a winning trade or potentially get a better price if the sale is on the wane. In principle, this allows the investor to make a copy of the original trade with just a few mouse clicks. All parameters of the transaction remain unchanged, except for the entry price, which is the current price of the asset, but not what the second trade copies.
Buy me out. The new feature can be rather useful for traders who want to reduce their loss or secure their profits earlier. It has a function of stop loss and allows investors to sell the option before expiry comes. Though GOptions sets some restrictions: you can use Buy me Out only up to 1 hour before the option expires.
Strategy Adviser. This is a unique tool that analyzes the motion of an option on schedule with the selected timeframe, and gives the user information where the price will move in the near future, subject to certain systems analysis. This tool allows you to get the information needed to decide on the right way bet. In total the tool can analyze using 3 different indicators. Analysis takes less than 10 seconds.
With Forex option you can combine both financial markets and trade on a single platform. Finally, with SpotFollow you are free to follow the lead of the most profitable traders and copy their investments to be as successful as they are.
Besides ordinary Call/Put binary options types, GOptions offers One Touch and Ladder Options that have probably the highest payouts and Turbo trading (options with expiration period of 30, 60, 120 and 300 seconds). While trading Pairs you have to choose two kinds of assets you want to trade and predict how one of them will perform towards another. Pairs of assets are picked up depending on the certain time of the day and liquidity. GOptions provides you with some insurance if you end “Out-of-money”, which can be up to 11% from the investment for any total losing.
The registration at GOptions platform takes just a few seconds. It provides several types of accounts that depend on the amount of deposit, where each trader can select the most suitable account. GOptions provides a number of popular secure depositing methods, including credit/debit cards (Visa, Visa Electron, Diners , MasterCard, Delta, Maestro, Solo, Maestro UK), wires and also e-wallets (iDeal, Webmoney, Skrill, CashU, Neteller).
Broker provides a standard scheme for opening accounts and making a deposit, while claiming that it has the fastest process of withdrawing money from the account. To make GOptions withdrawal, we strongly recommend you to read the terms of the agreement with the provider. The company offers a really fast GOptions withdrawal - within a day, but only if all the conditions of company's withdrawal are maintained.
A trader can withdraw as little as $100 by the same popular methods used for depositing. GOptions withdrawal fee varies depending on the certain method you select. In case of credit/debit card it is free. Pay attention that if you withdraw money by wire the fee of $25 is charged. GOptions guarantees a withdrawal the same day, as soon as a customer sends all necessary documents for identity authentication. It is very beneficial for traders as they do not have to waste their time waiting for money to come.
GOptions Demo Account
Let's discuss available live account types in our GOptions.com review.
The owner of Micro account, when the starting investment ranges from 200 USD to 499 USD, receives an additional 25% bonus with daily/weekly market reviews. And in addition there are further bonuses each time, when a trader makes next deposit that is equal of 10% value.
Mini account, when initial deposit ranges from 500 USD to 999 USD, gives an additional 35% bonus, and further 20% bonus on each deposit, weekly calls and sessions for improvement, plus 4 risk free trades for $25 each.
Standard account, with the first deposit of 1000 USD - 4999 USD, gives a first investment bonus of 50%, 4 risk free trades for $50 each, 35% further bonus for depositing.
Gold account, when initial deposit ranged from 5000 USD to 9999 USD, provides a welcome bonus of 75% with various preferences, including 4 risk free trades for $250 each, auto trading signals for one month, 10% insurance for any month that ends in a loss, free personal account manager and access to a private Skype room and also free weekly technical and fundamental training sessions.
And finally, VIP Platinum account, where initial deposits are from 10K USD up to 250K USD, offers a very special 100% welcome bonus with fully customized services. For more details you can visit the provider`s site.
You need only $200 as the first deposit to start trading. Also this broker provides clients with GOptions demo account. Though, there is one feature – your demo value in account will match the amount of your deposit, but if you deposit more then 1 000 USD, you will get unlimited GOptions demo account.
By the way, risk-free trades can be used from the beginning of your trading with GOptions broker.
The main complaints are related to the withdrawal process and those who argue on forums about GOptions scam, saying that this company does not keep its words and promises about the money back. As for the company's representatives, they claim that those traders are angry because don't like the terms and conditions they have agreed. Well, in our GOptions.com review we can accept such a possibility. In case of situations, when traders couldn't withdraw their money, there is a simple explanation - traders took bonuses and wanted to withdraw, trying to cash funds before committing the required 20 transactions. Or, for example, they forgot or just didn't want to provide documents for identity authentication. Eventually, without reading broker's rules, they spread rumors about GOptions scam.
Moreover, GOptions is one of few brokers, who doesn't transfer bonuses in customers accounts without their confirmation. GOptions takes the leading positions among other companies because of its unique and innovative propositions, not used by the rest of providers or used not often. We can name such of them as Forex trading, Turbo options and Ladder options with their extremely high payouts, guaranteed withdrawal on the same day and others.
Unfortunately, in GOptions review our team should add that this provider isn't regulated by financial authorities. And despite the fact that this company has strict and harsh system of rules, it also has a right to close accounts if they are violated. Well, let's sum up our GOptions review, recalling that you should always read and understand the company's terms and conditions to avoid any problems or possibility of GOptions scam.