Bloombex Options Broker Review

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Bloombex Options Review

Bloombex Options is a veteran among binary options brokers. It has been around since 2009 and was one of the first brokers in the market. They use SpotOption’s reliable platform and they offer a wide range of tradable assets. They also take customers from the USA, Singapore, Japan, Israel and from almost all other countries. Bloombex is not licensed by CySEC or any other regulatory body like Malta Gaming Authority but that is not an issue, since Bloombex is one of the most reputable broker sites there is. They are, for example, offering risk free trades with bigger upper limits and with better terms than almost any other broker. You can also use the binary option robot signal services with Bloombex.

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Claim your free binary option robot, get started with three easy steps:

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  • 1. Your Binary Option Robot will analyse the market and decide, which asset (currencies, indices, commodities and stocks), is right to trade at that point in time.

    2. The Binary Option Robot Will Predict the Price Movement

    Your robot will assess a wide-range of factors, and then make a prediction on how the assets price will move, saying: Call (up) if it believes the price will rise and Put (down), if it believes the price will fall.

    3. Decide on how much you want to Invest

    Then you need to decide how much you want to invest in the commodity and when that investment will expire.

    4. Collect your Earnings

    Finally, you collect your earnings (the good part!)

    Bloombex Options Full Video Review

    To open an account in Bloombex click the button below the video

    Bloombex Options in a Nutshell:

    • Platform: SpotOption
    • Founded: 2009
    • Bonus: Up to 100%
    • Average return: 70-85%
    • Maximum profit: 85% (One touch 550%)
    • Minimum deposit: $1,000
    • Tradable assets: 100 plus
    • US traders: Accepted
    • Minimum investment: $20
    • Maximum investment: $3,500
    • Expiry times: 60 seconds, 5 minutes, 15 minutes, hourly, daily, weekly, end of the month and end of the year
    • Deposit options: Multiple credit cards, Visa, Mastercard, bank wire transfer, Paypal, Skrill and Moneybookers

    Bloombex Possibilities

    Bonuses

    Bloombex offers bonuses up to 100% for the first deposit bonus. The minimum deposit needs to be quite high, $1,000 at least, but you are able to participate in a campaign where you get to trade for one week risk free that will compensate this a little bit. It means that every trade made within that first week, the trader collects the winnings and profits as usual, but in case of losses Bloombex will credit your account back to the initial deposit size (up to $ 5,000). This is a huge benefit worth thousands of dollars and allows traders to start investing with full intensity right from the beginning. Within a week, you can make a lot of trades and as your possible losses are taken care of, you can only make profits within that time. A bonus will have to be circulated 27 times to be able to be withdrawn. This a regular condition among brokers.

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    Demo Account

    At this moment Bloombex is not offering demo accounts but the first week of risk free trades is actually an even better way to go. In the same time that you would practice with a play money account you can make actual profits without the risk of losing any money on trades. During the first seven days all losses are fully refunded up to the amount of your initial deposit. This seven day period is definitely a better option than just training with a demo account.

    Features of the Broker site

    The number and variety of assets is about average for the sites that we have reviewed. Bloombex offers over 100 tradable assets including the stocks of the most well-known companies around the globe and indices from various industries of different stock markets. Their list of tradable commodities is wider than average including the basic ones such as gold, silver and oil but also some that are rarely seen such as wheat, platinum, sugar and coffee.

    Bloombex has added some features to the platform that not all brokers are providing. With ladder and one touch options possible return rates can rise as high as 550%. Ladder option trading is somewhat more complex but with a good strategy the profits of this option type can get even higher than with one touch. (If you want to learn more about trading strategies I recommend you have a look at our binary options advanced guide.) Some brokers have limited the payout of those option types to somewhere between 200% and 300%. Knowing that, these Bloombex payouts are excellent.

    The average payouts for regular binary options are still around 80%, going up to 85%, which is a very good return rate for a single trade.

    Bloombex ladder options offer up to 1000% payouts

    Expiry Times

    Expiry times vary between 30 seconds in the “sixty second” short term category, up to the long term option category end of the year expiry. There are actually even longer term options, which expire after a year, but I do not recommend using those, since you have to tie up your funds for a such a long period.

    Bloombex Follow

    One of the most interesting features is Bloombex Follow, where top traders and their past success are listed. And you, as a trader have an opportunity to put your future trades to copy theirs, and therefore get part of their success. It is one of the most effective ways for a new trader to learn and make profits right from the get go. In my own test, I found that this works quite well (better than I expected for sure) I made a significant profit in a day, without putting any effort into trading myself.

    Bloombex Signals

    If the initial deposit is $2,000 or more, Bloombex offers a free binary options signal service to traders. Those signals are inside views from professional traders, you get to see exactly what they think of market developments and events that affect the prices of assets. Signals are helpful especially for beginners but even more experienced traders can gain confidence from those to pull the final trigger in a trade they have previously been a little hesitant about.

    How to Trade with Bloombex

    Bloombex Options trading platform is very easy and straight forward to use. Asset selection is wide enough to find assets for every situation. The only thing you need to do after that is to choose if that assets value will rise or fall and decide within what timeframe. With over 100 assets and multiple expires, the number of different variations are almost unlimited.

    Commodities list is wider than most brokers

    The SpotOption platform is one of the most used and trusted platforms in the binary options market, especially known for its reliability. Bloombex offers the following option types:

    • Regular
    • High/low
    • One touch
    • 60 seconds
    • Pairs
    • Long term
    • Ladder
    • Forex/CFD

    With Forex/CFD products there is a possibility to use leverage. The leverage can be adjusted between 1:250 and 1:500. This also increases the risk of the investment in the same ratio that it increases the possible profits. Fortunately, there is stop loss/investment that will limit the possible losses of each trade if the value of the asset is about to fall too much. Using leverage is a great way to get maximum profits from a good situation, even if you are a little short of cash.

    Forex product offer really high returns

    These features allow traders to build risk adjusted portfolios and divide total risk between multiple assets, markets and time frames. It will lead to the best possible outcome and is my preferred personal method. You should always use possible derivatives and other options that are available to hedge your portfolio, instead of putting all your eggs in one basket.

    The minimum trade is $20 and maximum is $3,500 for regular options which is higher than what most competitors are offering.

    Educational Material and Tools

    Bloombex offers eBooks, a FAQ page, a demo tour video tutorial, and trading academy web tutorials for better trading and education. In the academy, there is six courses for beginners, and eight advanced trading courses. In totally there are 15 courses for the platform, three in-depth courses, two advanced in-depth courses, a binary eBook, a platform eBook and an advanced binary eBook. Therefore, the material is incredibly wide and covers everything that a novice trader needs to educate themselves.

    If you are not interested in learning, and reading through the materials is not what you are looking for, there is a fully automated option available: binary option robot, which will help you to trade more profitably with less work. or best auto trader software will do automated trading according to given parameters. This helps you to handle your tasks quicker and trade even when you cannot access a computer or do not have time to make trades manually, now this awesome options trading software is available completely free for all our readers.

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    Mobile Trading

    SpotOption is known for its user-friendly mobile platform, many traders have praised its features and this is also the case with Bloombex options. With mobile platforms, you can access your account and make trades from anywhere. The Bloombex app is very handy and has a clear user interface and buttons. The mobile version can be downloaded through the App Store and Google Play and requires only the login information from when you set up your account, which must be done prior. You can easily create your account through the “Open A Free Account” button on this page.

    Bloombex mobile platform, trade on the go

    Is Bloombex a Scam or a Proper Broker?

    Bloombex is not a regulated broker. But we don’t think that is an issue as they have been around for years and have an excellent reputation among professional traders. This is a clear signal that most things have been done right. As we have been reviewing this broker we have not met any suspicious signs, instead everything seems to be done with excellence being the goal. The SpotOption trading platform is another sign of a trusted broker since they are relying on the best service provider in the industry. Our conclusion is that Bloombex is not a scam and is an excellent broker site.

    Customer service

    The site itself offers 10 language options including: English, Italian, Russian, Spanish, German, Dutch, Japanese, Arabic, Turkish and French. Phone numbers are provided for 9 countries, there are live chat services on the site in real time and there is also contact information for those who want to reach customer support and account managers via email.

    Banking

    There are several withdrawal and deposit methods including Paypal, which is one the most popular net payment solutions. Other options supported include MoneyBookers, regular wire transfers and several credit cards such as Visa, Mastercard etc. Traders pay a small handling fee for withdrawals, as usual.

    Bloombex economic calendar

    Conclusion

    Bloombex options is a trusted broker site with plenty of tradable assets, good education services and materials, and customer service and support with multiple languages. Their useful features will help traders to make better trades, examples of this are the market reviews and news section. Licensed or not, Bloombex options is not a scam broker but a trustworthy and premium broker site. We proudly recommend their services to all traders from beginners to advanced.

    Overall review we will give Bloombex options 4,5 stars out of 5 as binary options broker site.

    Open an account to start trading with Bloombex options!

    Bloombex Options Broker Review

    �� Demo Account:
    ⚖ Allows Hedging:
    �� Allows Scalping:
    �� Headquarters: Germany
    �� Founded:
    �� Trading Platform(s): SpotOption
    �� Regulating Authority(s):
    �� Minimum Deposit: 300
    �� Maximum Leverage:

    Visit Bloombex Options
    Risk Warning: Your capital may be at risk

    Our Review of Bloombex Options

    Company Overview

    Bloombex Options is an online broker that offers binary options trading capabilities as well as educational material about trading and regularly updated market news. It has been around since 2009, making it one of the earliest brokerage sites.

    Account Types + Opening

    There is just one type of account with Bloombex Options – so all that matters is what you do with it.

    Promotions, Sign Up + Deposit Bonuses

    Bloombex Options offers various options for bonuses which go beyond the usual standard sign up bonuses offered by other online brokers. These bonuses are called Trading Bonuses on the site. For example, with one bonus, traders have the opportunity to double their revenue from a single trade.

    Commissions and Fees

    The payout from Bloombex Options is on average 80%, making it a good site to make money from if you are an astute trader. However, you will of course need to balance this out against the commissions that Bloombex Options charges on withdrawals. There is a fee to open an account with Bloombex Options and one thing that it is important to note about this site is that there are some fees associated with your account that you might not expect. For example, if your account is inactive for more than two months, a fee of $25 will apply.

    Trading Platform Review & Mobile Apps

    Bloombex Options does not have a mobile app, but its trading platform is busy with information. You definitely feel that you have plenty of options here, including 60 second trading and classic Forex trading. The site is laid out so that news and trading options are all laid out for you to see and to choose from at any time.

    Deposits & Withdrawal Methods + Ease

    A wide variety of methods can be used to deposit and withdraw money with Bloombex Options, all of them usually quick and smooth. For example, you can use a simple bank transfer or a credit or debit card. Many traders who trade with Bloombex Options also use online accounts (MoneyBookers, for example).

    Regulators & Safety: Are they a reliable, legitimate broker or a scam?

    Bloombex Options is not licensed. However, this is a site that has built up a strong and pretty much spotless reputation among traders. As such, it is safe to say that Bloombex Options is not a scam and that most traders do not care that it is unlicensed or regulated as its reputation speaks for itself.

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    Best Binary Options Brokers 2020:
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