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Optionbit.com review – Binary Trading
OptionBit broker has become known to the world due to the Tradelogic platform in 2010. The company is registered in Cyprus and is owned by Green Galaxy International S.A Incorporated (Company no.117556), which provides services of worlwide online trading. This product from leading experts of Forex and binary options allows people from around the world to have access to high-quality integrated trading platform, consisting of trading tools, educational center, the analytical department of market services.
Its payouts are not too high or too low, they are equal to the average payouts on the market - about 80%. However, more important figure is its functionality. The minimum deposit to start trading is $200. You can use OptionBit demo account to test the platform and it is free.
|Welcome Bonus||Up to $500|
|Return Rates||Up to 81%|
|OptionBit Minimum Deposit||$200|
|Trade Range||$5 up to $1 000|
|Types of Currencies used for Transactions||US Dollar, UK Pound, Euro|
|Option Types||Digital, Range, Turbo, Touch|
|Safety Net||10% refund for loses on a trades|
|Assets||Stocks, Commodities, Forex / Currency Pairs, Indices|
|Commodities||Gold, Silver, Copper, Crude Oil|
|Forex||EUR/USD, GBP/USD, AUD/USD, EUR/JPY, USD/JPY, EUR/GBP, GBP/JPY, EUR/CHF, USD/CHF, USD/CAD, NZD/USD|
|Indices||S&P 500 Futures, Bovespa, Dow Jones, CAC Futures, DAX Futures, FTSE Futures, NASDAQ 100|
|Stocks||Nike, Exxon Mobil, McDonald's, Apple, COCA COLA, Google, ING GROUP, Boeing, Vodafone, Microsoft|
|Methods of Bank Transactions||MasterCard, Visa, Skrill, Western Union, Bank Wire|
|Trading Platform||TradeLogic. No download required|
|Supported Countries||DE, ENG, FR, IT, ES, AR, JP|
|Contact Information||United States (toll): +1-415-373-1665
United Kingdom (toll): +44-20-3150-0934
France (toll): +33-1-7061-5848
Spain (toll): +34-91-187-7526
Optionbit.com review – Trading Instruments
In our OptionBit review we should mention the fact that the company has a 100% online trading platform and it is already considered to be a veteran in binary options field. Founded on the basis of TradeLogic, online trading platform offers customers an ability to earn money at a rate of up to 81% off the regular transactions and hundreds of percent profit from the options touch. The intuitive interface will appeal to both novices and experienced traders. A number of proposed bonuses, promotions and tournaments are a pleasant part during a routine training. For those who only became interested in digital options broker provides all the necessary materials, including video tutorials and e-books.
Speaking about trading instruments, OptionBit gives you an opportunity to choose among Digital, Range, Turbo and Touch options. At the same time, you will have a huge selection of over 100 assets, including many of those that can be rarely found at other brokers, especially BitCoin and some commodities. And and if you take to attention Algobit, trade becomes ever easier. Algobit is a special algorithm that analyzes the financial markets and help traders calculate a trend. In this case you will only have to determine how strong the trend is and to select the entry point. But we want to note in this OptionBit review that this algorithm is repelled only by technical parameters of motion graphics, so it may not always be accurate.
What about additional functions, OptionBit broker will not disappoint you - you will be able to close the deal early, if you feel that it is going to close at a loss. This way you can reduce the amount of losses. Also, you will have an option to extend the deal, if the graph is going the other way you need, but you are confident that soon the price will continue to move with the trend. Plus, OptionBit offers auto trading. The bottom line is that when you catch the trend, you can specify the number of transactions, which one by one will open in the same direction as the previous ones. At the same time, you will not have to fear for your balance - the deal will be opened only for the amount of winnings from the previous bet, thus protecting the initial investment. Well, if one of these transactions will close not in the money, the system automatically stops to open new positions.
OptionBit Minimum Deposit
To open an account with the broker, you need to go through a simple registration process on the site, which will take you less than a minute. You will need only a name, phone number and e-mail. Immediately after registration you will have access to all the basic functions of online broker, including training materials and all this is absolutely free. However, if you do decide to try OptionBit demo, you will have to invest your account. OptionBit minimum deposit is only $ 200. Broker offers a variety of investment methods: MasterCard, Visa, Yandex, Neteller, WebMoney, Skrill, PaySafeCards, wire transfer. Speaking about OptionBit withdrawal, there are also no difficulties. It is important to remember that this provider allows you to withdraw funds without a commission once a month, every next withdrawal will cost you $ 30.
OptionBit.com Review - Types of accounts
Continuing our OptionBit review, we should say that this broker offers a good selection of accounts, among which there are 3 types of conventional accounts, a demo account and a special account for very serious clients.
As we have already said, OptionBit minimum deposit will cost you $ 200, but for opening a mini account, you will have to make at least $ 250 investment. At the same time it offers a 30% bonus on your deposit and 30% loyalty bonus.
Standard account will cost you $ 1 000. As a gift to you will be offered a 50% bonus to your account, and 75% loyalty bonus.
Those who can afford minimum investment of $ 10,000, will get VIP account, with 75% - 100% loyalty and deposit bonus. Absolutely all of these accounts provide access to e-book, advices from the experts and trading 1 for 1 with the best company's analysts.
For those who want more and looks forward to the special conditions, this provider offers Diamond account. OptionBit minimum investment for it is enough expensive - $ 50 thousand, but it has much better conditions. Do you want a larger bonus, higher incomes, tips from best analysts 24/7? All this and more can be pre-negotiated with an account manager before you open the account.
OptionBit demo is available only to registered users who have deposited their account. The main disadvantage of this option is that it is opened tentatively for one day to become fully acquainted with the trading platform, its features and options. However, the provider always goes towards their customers. If you need OptionBit demo for longer time, you can always discuss it with the representative of the company.
OptionBit.com Review - Bonuses
The provider offers an interesting bonus system, which is slightly different from others. Besides the traditional welcome bonus to the deposit, which eventually one can cash after all the conditions are met, the broker offers to its clients to take advantage of the loyalty bonus. This bonus can not be traded or withdrawn, but it can be used to open transactions and to get profit, which falls under the definition of a conventional bonus. In simple terms, you get virtual money that can be converted into a bonus and can be withdrawn after all conditions on your account. Everything else depends only on your skill and determination.
Finishing OptionBit review we will raise the question of broker's reliability and find out whether there is OptionBit scam or not. Reading reviews about various brokers one can often find negative comments, stories about how companies are cashing in on unsuspecting traders and so on. But how do you know whether it is true or the result of black PR? In the first place we look whether the broker has a license and whether it is regulated by international organizations. In case of OptionBit, it is licensed by CySEC and have been providing services for more than 5 years. Therefore, a great amount of negative feed-backs about OptionBit scam are from users who are complaining that they have lost their money. They claim that this provider does everything so that users lost. Such statements are pretty awkward and ridiculous, because there are always high risks connected with trading. We strongly recommend to read terms and conditions to avoid any misunderstandings and problems. This is especially important in connection with bonuses and promotions.
Furthermore, for those who doubt in company's services and believe in OptionBit scam comments, we would like to say that its customer support is available in 24/6 mode, which means that you are able to get an advice or any answers each day except Sunday. You can contact support in any way you like - on the phone, chatting, using the contact form or by e-mail. With e-mail you can leave your comments, suggestions or complaints to the appropriate service. Section FAQ (Frequently Asked Questions) provides the definition of key concepts and terms for digital options trading. In addition, this company offers an excellent training of basic trading for beginners, just getting started in the world of binary trades, or for those who already have experience in the trade, but not engaged in digital options before.