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DMM Option Review
Regulated Australian broker DMM FX
Powered by DMM FX
In this review we would like to tell you about one special broker who has a couple very significant advantages among the rest binary brokers.
First of all, DMM Option highly recommends that any investor wishing to participate in binary options trading should do so with a licensed broker. Now you have a question whether DMMOption scam or not. You will be able to find the answer below.
DMM Option is licensed by the Australian Securities and Investments Commission (ASIC), who is the independent Australian government body which administers and enforces various laws as Australia’s corporate, markets and financial services regulator.
DMM Option is the part of regulated Australian broker DMM FX. It`s the trading name for DMM FX Australia Pty Limited, part of the DMM Group, a group of companies with a highly experienced executive management team. DMM Group is now the first largest Forex group in the world in terms of trading volume in the amount of $1.3 trillion in January 2015 according to Forexmagnates.com.
DMM Option provides a reliable, interactive, and client-friendly environment for trading. The order execution and superior customer service are what we believe sets us apart from other brokers. Broker offers the unique chance to try DMMOption free demo account just without giving any contact details.
As a valued client of DMM Option you can be sure that we will keep your funds in accordance with the provisions of the Corporations Act 2001 (Commonwealth of Australia) and related regulations for client moneys.
It means that clients` money (including unrealized profits) are held in segregated client money trust accounts with a Tier One Australian Deposit Taking Institution (National Australia Bank), maintained and managed in accordance with the Corporations Act 2001 (Commonwealth of Australia) and related regulations. Any withdrawals from the client money trust accounts are reviewed carefully before approval.
Welcome Bonus | Up to 100% |
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Return Rates | From 75% up to 200% |
Minimum DMM Option Deposit | $200 |
Maximum DMM Option Deposit | Unlimited |
Trade Range | From $10 to $1 000 |
Types of Currencies used for Transactions | AUD, USD, EUR, GBP, NZD, HKD |
Option Types | High-Low, Spread High-Low, Turbo 30 High-Low |
Safety Net | Not available |
Assets | Commodities, Forex / Currency Pairs |
Commodities | Silver, Oil (Light Sweet Crude), Gold |
Forex | USD/JPY, AUD/USD, GBP/USD, EUR/JPY, AUD/JPY, EUR/AUD, GBP/JPY, USD/CAD, USD/CHF, EUR/CAD, EUR/CHF, GBP/CAD, GBP/CHF |
Methods of Bank Transactions | Visa, Master Card, Neteller, Skrill, UnionPay, POLi internet banking, e-payment standard, CashU, Alipay, Euteller, Giropay, Web Money, Sofort, Neo Surf, iDeal, Moneta, Trustpay, Abaqoos, Astropay, banklink swedbank, banklink unet, Boleto, Dinero Mail, eKonto, epay.bg, fastbank transfer, Gluepay, Hal Cash, Instadebit, Lobanet, Mister Cash, Paysafe Card, PayU, Postepay, Przelewy24, Qiwi Wallet, Paysafe Card, TrustPay, Teleingreso, Multibanco, Ticket Suft, Sporopay, Todito Cash, Yandex Money |
Trading Platform | Powered by Market Pulse. No download required. |
Supported Countries | All English-speaking countries, except for Japan and the USA residents |
DMMOption Demo Account | Yes, no details required. Start just in one click |
Mobile | Yes |
Contact Information |
Australia: 1800 449 053 |
DMM Option Binary Options trading with regulated Australian broker DMM FX.
As DMM Option review shows the broker suggests 3 different types of options and trading is as simple as ABC. You choose the asset, then make a prediction, invest and start trading.
Let us stop at each type of option separately.
High/Low
It is the the most popular type of DMM Option binary options, as well as the simplest one. You will have to make a prediction about the asset price whether it be higher or lower at expiry than the current one. If the prediction is the trade will expire above the actual asset price, the trader will choose UP, and if he estimates that option will expire below current price, the trader will choose DOWN. At expiry time, if the trade is "in-the-money", investor will recieve the predetermined payout, up to 95%.
Turbo 30 High/Low
It is a variant of the fasting trading DMM Option Binary Options with expiration period of 30 Seconds. It can give us rapid payout within half of the minute actually, if our prediction about asset price direction is correct. We recommend only experienced investors to use this kind of options as it can be pretty hard to predict the price direction with high market volatility.
Spread High/Low
Spread option works in a similar way to classic High-Low DMM Option Binary Options, the difference is in the starting price of the traded asset. There are two prices displayed – one above and one below the current price, with a spread incorporated into the starting price.
A trader predicts if the option will expire above the HIGHER target price or below the LOWER target price. The difference between the current price and the suggested target price allows the trader to place trades at potentially higher return rates than regular High/Low options.
DMM Option Deposit
At DMM Option the registration procedure is quite simple. More over, you have an unique chance to try DMMOption free DEMO account without any details and without filling any contact information. As soon as you go to DMMOption free Demo account page, you get $1 000 on your balance and you can trade with this money to your preferences. Feel free to use any on 3 available types of options and 16 different assets with this broker.
The registration of live account will take around 2 minutes.
You can open an account and trade with one of the following currency like Australian Dollar, United States Dollar, Euro, British Pound Sterling, New Zealand Dollar and Hong Kong Dollar.
DMM Option has very comfortable Deposit campaign.
Before the company had very attractive offer for the new traders. While opening an account a trader used to receive $20 for free on his balance without requiring to deposit any money. From July 19 2015 DMM Option sets the new FTD campaign which means that with the first deposit the broker can provide you with 100% cashback bonus. The bonus amount is limited to $5 000 or its equivalent in AUD or Euros and in order to withdraw it the trader will have to reach 30-times trading volume.
DMM Option review: Customer Support
The broker offers customer support that is available in English. You can contact the broker representative by the phone and by filling the contact form or by email. The assistance is provided from 7 am Monday till 7 am Saturday AEST.
We have not found any DMM Option review to read about DMMOption scam yet. To our opinion there are enough facts that prove this broker is legal and regulated. Anyway, we do not exclude that there can be positive and negative review about any broker, and, probably, regulated Australian broker DMM FX is not the exception. Just you have to make your own conclusions and try, only after that you will be able to judge from your own trading experience and choose what suits you best.