iOption Trading Platform Gets Two New Features

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iOption Trading Platform Gets Two New Features

Binary options traders using the popular iOption trading platform will get to try its two new features very soon.

After several months of research, surveys, beta testing and testing with focus groups, the company decided to introduce the Long Term Expiry Dates and the Cross market assets features that its customers can benefit from. The kind of attention that iOption pays to its customers and the quality of products it offers them is what sets it apart from its competitors, and makes it one of the best binary trading platform in the world.

About the New Features

The two new features in the iOption trading platform include the Cross market assets feature and the Long Term Expiry Dates feature. The Cross market assets option is unique and allows you to trade between different assets and markets too. For example, this feature will allow trading between commodity and forex markets, meaning you will be able to exchange gold for dollars, euro for silver etc. As these are single position trades, they are simple to execute and bring down the risks and the costs too.

The Long Term Expiry Dates feature allows you to trade binary options and close at the end of a particular month or even year, enabling you to make the most of the seasonality of trades and the hedging strategies.

iOption’s Offers Get Better

iOption is one of the oldest binary trading platforms today and has been catering to traders for years. The company is headquartered in Cyprus and the British Virgin Islands, and is a reliable binary options broker in the industry. It is known for the wide range of services and tools that it has to offer, and is always finding ways to make the trading experience better and more profitable for its customers.

Considering that the binary options have become common investment vehicles, investors and traders are on the lookout for better strategies and tools that they can benefit from. At the same time, the number of binary options brokers in the market is increasing and the competition between them is only getting bigger and bigger every day. It is only natural then, for a company like iOption to offer more than its competitors and stay ahead in the race.

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There seems to be two distinct markets when it comes to binary options. The first market consists of fresh traders that are new to the fast paced world of this particular type of investing, while the second market is comprised of seasoned traders that have taken several laps around the track. And as a rule of thumb, a binary options company typically attracts one group or the other – there is seldom any overlapping between the two camps. However, iOption is a notable exception to this rule, and there are several excellent reasons as to why this is the case.

iOption Basics

Headquartered in the British Virgin Islands, iOption has flourished rapidly since it was founded in 2020, growing from a small local broker to an international trading brokerage in less than two years’ time. Their platform is solely built for binary options trading performed in real time, and it is specifically built under the guise that anyone can jump right in and use their services, whether the trader is new to binary options trading or has been active in this type of investing for years.

iOption’s Top Features

The primary feature that makes iOption such an alluring company for both newcomers and veterans to utilize has to do with diversity. And this word has multiple meanings when you dealing with the company. The first instance of diversity found with iOption is their solid assets list, as they enable their customers to trade on four major markets:

  • Stocks – Examples of the stocks offered include Citi, Coca Cola, Goldman Sachs, and Google
  • Commodities– Examples of the commodities offered include coffee, gold, silver, and sugar
  • Currencies– Examples of the currencies offered include AUD/USD, EUR/USD, USD/CAD, and USD/JPY
  • Indices– Examples of the indices offered include ASX, Dow Jones, Dubai Financial Market, and the General Index

The second example of the diversity that is offered here includes the platforms that they can offer traders. Indeed, the element of diversity here plays a major role as to why it is looked upon as an attractive option for traders across the board. IOption boasts a simple, user-friendly platform that is straightforward and stripped down to enable newbies to get their feet wet in a very comfortable and stress-free environment. At the same time, it appeases veterans by offering an elevated, more complex platform that carries various analyses and other trading systems such as boundary trading – options that not only would not faze the seasoned trader, but provide them a depth of tools that less experienced traders may struggle to use.

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Both forms of diversity give new and seasoned traders alike plenty of wiggle room to make the kind of trades they wish to make on their own terms, whether these terms lead them to merely trade on a blue chip stock or to dig into the market patters pertaining to a particular commodity over a certain stretch of time. Rather than forcing traders to reach to a certain level, which could lead to discomfort, iOption reaches to meet at the trader level, which ultimately leads to quite the comfortable trading experience.

Another big, advantage to using iOption is that its platform is entirely web-based. What this means, is that a trader can log on from any place in the world at any time and start trading. In other words, the platform goes where the trader goes. This also means that the trader does not have to download any software onto his or her computer. What’s more, iOption’s site is designed to be used on the go by traders via mobile internet devices.

iOption Payout and Pricing Information

The payouts iOption offers can be as high as 85% on any given trade, albeit this figure greatly depends upon the type of asset that the trader selects. The minimum deposit that is required by iOption to start trading is $250, and the minimum trade amount is $10. While these are not the cheapest minimums that are out there on the market, these figures do remain pretty consistent with the pricing that is currently on the market. Plus, iOption does give traders that feel particularly strong about an asset the chance to deploy a “One Touch” option, where traders have the opportunity to trade over the weekend and keep their market position over the course of a whole week until their designated target goal is reached. While this has a good deal of risk – if the trader does not hit this goal, his or her investment will be lost – the level of reward that is offered by iOption is rather alluring, as it gives the trader the chance to make up to a 400% return.

iOption Downsides

While iOption does have the uncanny knack of attracting the novice and the experienced to use their services, it is not without its downsides.

One of the primary potentially negative elements to note concerns their payment options. In essence, iOption only offers withdrawal of profits via credit card, wire transfer, or Moneybookers E-wallet. Some traders – especially veteran types that may be used to dealing with a wider variety of payment options to choose from – may find this small list of options to be a bit of a problem. Additionally, the withdrawal process itself has been purported to be a rather slow one at first, as the first withdrawal may take up to as many as seven business days in order to complete. That said, this slow process does somewhat accelerate to two business days once the withdrawal process is fully set up.

Additionally, some traders may find the lack of a demo account for them to play around with as a means to get comfortable with the site and its methodologies to be an issue. Of course, it should be noted that this lack of demo account is not to be confused with the instructional demo that iOption does offer to traders.

Finally, while the core of the trading platform is easy to read and understand, some traders may find the platform itself to be a little too cluttered for their tastes.

iOption’s Customer Support Options

iOption does provide a host of customer service channels to its traders. These options manifest themselves in many ways, ranging from e-mails and web-based open ticket support to live chat options and international phone support, that latter of which can be accessed through a list of phone numbers that iOption provides.

Additionally, iOption does offer an interactive online demo that breaks down each element of the platform. All the trader has to do is to roll over a designated “hot spot,” and he or she will discover concise information on what a particular part of the platform means. This bit of support is especially handy if the trader is brand new to binary options and is intimidated by what he or she can do.

What Makes iOption a Solid Choice

Even though iOption does have a few drawbacks – most notably in the payout department – the company still makes a rock solid choice for new traders and season veterans alike. The fact that its platform can be deciphered by newcomers yet still be complex to curry the interests of experienced traders is a pretty impressive feather in its cap. Plus, iOption’s pure online, software-free presence coupled with the fact that it is built to be easily utilized on mobile internet devices demonstrates a forward-thinking sensibility that also shows that they are paying attention to how people – and specifically traders – may get their investing done. The combination of platform versatility and mobile device adherence makes iOption a worthy choice to check out, regardless of what level of expertise the trader may possess.

7 Binary Options

Olymp Trade is an international trading platform. It was founded in 2020. Its payouts are up to 90%.

OlympTrade Account Features

OlympTrade doesn’t have a huge variety of trading accounts to choose from. Although this seems to be odd, it gives all the traders equal features when trading. The fact that traders can only open similar account type makes everyone equal and there is a lot of democracy for all traders.

Traders can choose to open their trading account with US Dollars or Euros as the base currency. This choice is made during the account registration and can not be altered later on. Therefore, the trader should choose his or her base currency wisely.

The minimum deposit that a trader can make with this is $10 just like with IQ Option, which is low enough for even beginners with lower amounts of cash to invest. $10 is the lowest amount of minimum deposit that any trading platform in the field can ask for.

The OlympTrade offers a number of important features to all its traders who deposit funds with them. The trading account is equipped with free market analytics and personal account manager. The traders are also entitled to an easy access to financial market and a payout of up to 80%.

All traders who register with OlympTrade are qualified to get bonuses as well as other promotions offered by the trading platform. However, the terms and conditions of the bonuses are not laid out well on their website; they are left to your account manager to advise you accordingly. But we hope with time the trading platform will do all it can to make the terms and conditions more detailed and easily accessible.

This trading platform offers a demo account, and it is good to keep in mind that:

  1. You have to be registered with the trading platform in order to be allowed access to the demo account.
  2. The Demo account is funded with 10,000 virtual money which is more than enough for experimenting and also understanding the trading platform.
  3. The demo account is also a very prime stage for testing new trading strategies.
  4. Demo account is by all means recommended even to experienced traders.

All the features of the OlympTrade trading platform show they are set to serve all traders and especially the newbies.

OlympTrade Trading Software

OlympTrade uses its proprietary trading platform where registered traders can choose to trade different currency pairs and commodities.

Unfortunately, with their trading platform, the only type of options available for trading is the classic high/low option. The expiry time varies from 60 seconds to 3 hours. Therefore, this trading platform is a better choice for traders who prefer short expiry times. The short expiry times also has higher risk but it is more profitable.

But for you to trade there are no downloads that are required. Traders carry out their trading in selected Internet browsers.

The OlympTrade trading platform is very user-friendly. The trading chart is positioned on the right side of the website, while the area for viewing the placed trades is on the left. Their website has bright colors are thus showing exactly what each element is for and thus removing any confusion, even when it comes to inexperienced traders.

Furthermore, on the bottom of the trading platform, traders will see a table that contains all their trading history which gives the traders an amazing overview of their trading history as well as their previous decisions.

The trading platform also provides an Android app for Android operated devices and an iOS app for iPhone devices. This mobile app ensures that traders can trade on the go at whichever location and at whatever time provided it is within the allowed trading hours.

The trading platform website is very well designed and it is navigated by a drop-down menu bar that is placed on the right-hand side. All their Terms and conditions can be easily viewed at the bottom of the pages.

Support Information

Just as with most trading platforms, the OlympTrade has a very responsive and supportive customer support team. This forms the basis of the relationship between any trading platform and their traders.

The trading platform’s support team is easily reachable in a number of ways. They can be reached via phone, live chat or email. The live chat and the phone call are the fastest means of communicating with the customer support, but if you are not in a hurry you can use the email address and your grievances will still be handled.

The OlympTrade trading platform is available in:

  • English
  • Polish
  • Portuguese
  • Russian
  • Thai.

OlympTrade also has an education section with articles and videos available to only the registered traders. Here beginners can get access to the beginners’ course which only takes 15 minutes. There are also different trading strategies that are explained, and also videos that provide further information. Any learning materials are easily accessible from the OlympTrade Academy.

Traders can also use the FAQ section which provides answers to questions which are frequently asked by traders. This is a superb solution for traders who don’t want to chat with the customer support team or want to find answers on their own.

Banking and Company Info

The Olymp Trade platform is certified by the international Financial Commission (FinaCom) as a category A member. The Financial Commission provides for the traders protection by its fund for up to $ 20,000 per case if a dispute between a trader and a broker is resolved in favor of the trader (under the conditions established by FinaCom).

The registration address is available in the User Agreement at: https://olymptrade.com/docs/terms/opt/en/service-agreement.pdf

Traders have the freedom to choose from a wide range of depositing and withdrawing methods. These methods are:

Traders should use the same banking method for depositing to withdraw their funds. Withdrawals take 5 working days to be withdrawn. However, the money may take a longer time to appear in the trader’s bank account due to different banking systems and legislation.

Similar to the minimum deposit amount, the minimum withdrawal amount is $10.

But according to the trading platform, some trading accounts will require special verification and authorization by the financial department once the request for a withdrawal is made. However, the information pertaining this is not well laid out on their website. For those accounts which require the special verification, the traders are obligated to provide certain documents.

The documents required:

  1. a colored copy or scan of trader’s national identity card
  2. a colored copy or scan of the trader’s international passport
  3. a driver’s license and a utility bill

Upon submitting, all the documents are processed in 1 day once they are received by the trading platform’s financial department. Then, the trader gets a notification letter showing if the authorization is successful or not.

Special Features

Olymptrade is a trading system with a option based platform. It offers particular functions that are contingent with a customer’s perspective. These features may sound more enticing to a trader who is new to the world of trading than to one who is already big on making significant investments.

Olymptrade appeals mostly to new and inexperienced traders who are looking for a risk-free and profitable way to invest their money, make reasonable profits and learn new strategies along the way.

One of the best feature of Olymptrade is that it offers free registration to new members with virtual credits of $10,000. It is to provide new investors with a general idea of how the whole system functions.

A demo account allows a new member to hone their trading skills, get accustomed with the strategies of the trading platform, learn about the ground rules and get familiarized with what to expect before they begin trading with real money.

Olymptrade doesn’t offer bonuses and signup incentives that are usually offered by most of the online trading platforms nowadays. Instead, they offer their traders with the lowest level of investments possible. Registered members of Olymptrade can trade with the minimum amount of $1.

While being the most moderate to low risk platform. Olymptrade also provides newbie traders with a low rate of profit and loss making it ideal for someone who is just stepping into the world of trading. But it’s not the platform to use for anyone who wants to make money quick.

Olymptrade FAQ

Is Olymptrade legitimate, or will they scam me?

We have a team of professionals that tests all the trading platforms, before recommending them to you. A trading platform’s software and licensing are not only investigated but also tested extensively by us. Our team trades with the dealers to estimate the legitimacy of different aspects of their trading systems. These aspects include ease of access, methods of withdrawals and deposits, client services and the total experience of trading with said trading platform.

Do they offer a selection of mobile or tablet apps?

The modern age allows us access to technology from anywhere, anyplace and at anytime. Everyone has access to the power of technology at all times with mobile and tablet devices in our pockets, and with access to technology comes the need to stay informed.

It is necessary for a reliable trading platform to acknowledge this fact and provide their investors with an easily accessible platform that is supported by both iOS and Android devices. Olymptrade has recognized this fact by offering a website that is supported and easily operated from all mobile devices.

What bonuses do they offer for new traders?

Olymptrade is aiming to provide services to Russian beginner level traders with their low-risk trades between dollar $1 to $10. Their members can start investing with an amount as little as $1 by making a deposit of $10 only.

Since Olymptrade provides its members with a chance to invest in small amounts, the amount of available and tradeable assets is low, which helps greatly in reducing the risk factor when using Olymptrade’s services. The best part of trading with Olymptrade is that they don’t try to draw in potential investors with alluring schemes and bonuses. They do, however, offer intermittent bonuses or rewards such as when members successfully refer people to the system.

Is it possible to start trading using a free demo account?

Olymptrade offers free virtual demo accounts to its registered members, where they can refine their trading skills with the virtual money of nearly $10,000. This is the best option for an investor who is searching for a way get into trading.

Here they can learn the basics of trading, how and when to invest, trading strategies, what to expect, and so much more without even spending any real money. With their focus on providing the most up-to-date trading experience possible to a first time trader. The Virtual demo accounts of Olymptrade are the best way to get introduced to the world of trading.

What’s the minimum deposit and trade amount?

With the aim of providing low-level deals, Olymptrade is one of the few trading platforms who is providing minimum deposits of $10. This initial amount gives you access to your demo account with almost $10,000 of virtual credits. With Olymptrade, you can begin trading your investments in quantities starting from $1.

This is an ideal introductory platform for a new investor which gives them a chance to invest safe amounts and also enables them to learn more about the trading world before they move on to making significant investments.

Asset Index

Currently, Olymptrade traders can trade using a handful of currency pairs and commodities. However, other currencies and assets like stocks and indices will soon be added to their list of tradeable assets, as the trading platform seems to be working on expanding their list evident from their mention in the ‘glossary’ section.

Currencies:

OlympTrade has one of the greatest mobile platforms

Commodities:

Trading Terms

Members of Olymptrade benefit from an extensive list of tradeable assets. Members are allowed to choose from 8 pairs of currencies along with many other individual stocks, bitcoin, commodities, indices. The Olymptrade software allows members to use standard trade options of ‘call’ and ‘put,’ commands with wide-ranging expiration time limiting ranging from a minute up to one hundred and eighty minutes (3 hours).

Some of the features offered by Olymptrade

An investor can initialize their trading with Olymptrade by depositing a minimum amount of $10 which enables a member to start making trades of minimum $1. These low-level trades allow a member to get a general idea of the trading system, and they can benefit from low-risk businesses while getting a chance to practice their trade skills.

Best Binary Options Brokers 2020:
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    Top Binary Options Broker 2020!
    Best Choice For Beginners!
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    Free Trading Education!
    Free Demo Account!

  • Binomo
    Binomo

    Only For Experienced Traders!

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