TopOption Review
This brokerage has been started by markets.com; an established and well thought of business in the financial sector. TopOption is simply their latest creation to le them to offer you a first class binary trading experience. They have created a dedicated website for this trading platform; you can visit it at www.topoption.com. Their site lists several methods of contacting them including the phone 357 2222 2039 and emails; support@topoption.com. It has developed its own software to ensure its trading platform can give you everything you need and is fully adaptable to any changes in the future.
They have chosen to base themselves in Cyprus in order to comply with the strict regulation imposed by CySEC. Unfortunately they are not able to accept any trader from the US at this stage but they are already regulated by a number of bodies and may branch into the American market in the future. The broker is relatively new, but, markets.com has an established reputation for providing excellent customer service and protecting your funds. As well as this they are already receiving excellent reviews within the binary options industry
Using their service
It is easy to get started with TopOption as they require one of the smallest deposits in the industry; just $100 will be enough to get your account opened and you will be able to start trading. You can deposit funds in a variety of currencies, including US dollars, Euro, British pounds or even Canadian dollars. Depositing funds can be completed quickly and easily via debit or credit card, wire transfer or even electronically by FastWire or WebMoney. You can even withdraw your funds whenever you want them; there are no minimum withdrawal limits.
It is important to note that TopOption, in conjunction with most brokers, have strict terms and conditions governing withdrawals if you accept the bonus they offer you. This can be as high as a one hundred percent matching of funds; assuming you choose to deposit $5,000 or more. Even when withdrawing your bonus there is no fee! In fact, this broker will charge you $5 if your account has not made a single trade within a three month period; this is one of the only charges they make!
Options
You can opt to trade in currency pairs or simply predict the direction the price will move in. Alternatively you can opt to select a price that the asset will reach during a set period; this period can be as little as one minute or several hours, or even weeks long! There is a good range of options although many brokers offer more; there is something that will appeal to the trader in you. One feature which proves very useful is the Pro Option; this provides you with an advanced chart view to ensure you have extremely accurate price information directly from the market.
This broker also offers you the opportunity to rollover a trade, double it up, or even close it early. This provides you with the ability to extend your successful trades or reduce your losses on those which are not moving according to plan. The average pay out is eighty five percent; which is an excellent rate of return in any marketplace. Alongside this there is a range of educational information which is designed to help you make the most of your trading experience. These include videos, e-books and even webinars. The frequently asked questions section of the website is also extremely beneficial.
The bigger the range of assets you can choose from to trade the easier it is to choose something that will trade well. The list of assets is impressive and can be viewed I full at their website. Options include popular stocks such as Apple, Fiat, IBM, Google and even BP. Alternatively you can choose from most of the major currencies and trade in pairs, currencies available include USD, NXD, GBP,EUR, CAD and JPY; amongst others.
The commodities and indices list is also fairly impressive, including items such as oil, coffee, sugar, wheat and the traditional metals; gold, silver and platinum. Markets available include the DOW, FTSE 100, Nasdaq, ASX and IBEX 35.
TopOptions are working hard to become an established broker with a good reputation; you are guaranteed to find something that you will wish to trade in with them and enjoy the peace of mind and security of a first class broker.
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