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iOption Binary Options Broker Review


Company Information
iOption is owned by iOption Group Ltd with its headquarters in the British Virgin Islands (BVI). The company also maintain an operation center in Cyprus at #10 Yianni Kranidioti Street, Nicosia Cyprus.
The Trading Platform
One of the key factors that can make or break a broker in the competitive binary option market is the functionality of its trading platform. Generally, brokers with slow and cumbersome trading platforms will have a difficult time in holding on to their clients just like iOption initially when it first started operation. The trading platform which iOption uses today is easy to use leaving traders with an enjoyable trading experience.  All the basic trading functionalities can be accessed directly from the homepage.
In addition, educational resources are also within easy reach here at the homepage for those who need a little extra guidance with regard to binary option trading. Newcomers who want to try out the iOption trading platform can register to be a depositing client to gain access to the demo trading platform.
Accounts and Banking Options
With iOption, trader can sign up for one of the three (3) account programs offered by the company. The choices include:
  • Starter Account - $250 initial deposit
  • Trader Account - $2000 initial deposit
  • VIP Account - $5000 initial deposit

The “Privileged Class”
Each type of account also entitles the account holder to a variety of benefits like wider array of services and more personalized services. In addition, iOption also offer additional benefits to those that qualify as the “Privileged Class”. This category of benefits is independent of the trader’s account type. Instead membership to this class is decided based on a combination of beginning trades and recent deposits made by the trader. In other words, it must be earned.
As part of their marketing strategy, iOption also offers weekly promotions to their clients. These weekly promotional offers are emailed out every Wednesday.
The average payout offered by iOption is 75%.  Nevertheless, when traders take advantage of the “Trade of the Week” offer, their payout will be increased additionally by iOption by as much as 30%. Losing trades, however, only qualify for a 15% refund.
The deposit or withdrawal of funds can be done by:
  • Credit Card
  • MoneyBookers
  • Wire Transfer

Except for the initial withdrawal which can take up to 7 days, traders can usually complete the withdrawal process within 2 to 3 business days.

1 תגובות:

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