WMoption Review


WMOption reviewWhen I heard about WMoptions for the first time, I thought this was just another binary options broker in a sea of look-alikes. Most of them seemed to offer the same kind of crooked deal, but this one just might be different. Come and see why.

Wmoption's website is the first thing a trader will see pertaining to this broker, so it stands to reason we would start here. To be honest, I expected to be greeted by fancy pictures, ads and a bunch of technical mumbo-jumbo, but instead I got a relatively modest welcome as well as an offer to learn more about binary options from their extensive library or consult one of their experts for my trading strategy.

It turns out a lot of their clients came because they heard about this broker from their friends and relatives. Given the attention to customer support, it sort of makes sense, when I think about it. It also means WMoption clients are a much tighter bunch of people than your everyday clients on some other brokerage. This is good to know, because it keeps everyone honest. So far so good.

WMOptions Summary

  • Start date: 2015
  • Jurisdiction: Marshall Islands
  • Maximum Returns: 90%
  • Bonus:100%
  • Minimum Investment: $25
  • Minimum Deposit: $250
  • Maximum Investment: unlimited
  • Permitted Currencies: up to 100 assets
  • Mobile: Yes

WMoption trading

The platform is quite ordinary, and most people would easily find their way around it: just pick the expiry time and date and the type of binary option, the asset from a list that has more than a hundred entries, the predicted outcome, make an investment and confirm the whole thing. TradeSoft is going to handle the rest, and you'll know soon enough if you have won or not. In case of persistent losses, don't be afraid to contact the analysts and see what are you doing wrong.

WMOption bonuses

Bonuses are usually a matter of prestige for binary options brokers, as a way of differentiating themselves and WMoption was not allowed to fall behind. However, be careful when accepting these bonuses as they have a mechanism that stops people from helping themselves to some free money and skipping out. You have to trade a certain amount compared to your bonus before you qualify for withdrawals.

If you take a bonus, they will make you work for it. Otherwise, just pass it over and you can withdraw straight away. You can use any device like your Smartphone, Laptop or something like that to make payments or withdraw money, but you'll need a credit card or an e-wallet. Otherwise, you'll have to use Wire Transfer and they charge fees that are... Not very pleasant, to say the least.

Customer care

The one thing that WMoption rests their entire reputation as a broker on is the happiness of their clients. In order to maintain the morale, they have assembled one of the finest support teams in the industry, with experts ready to resolve any problem, available around the clock, either via email, live chat or over the phone. And they speak several languages as well, so nobody can say they have been left out.

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