Optiontrade Binary Options Broker Professional Review for 2020

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Brokers » OptionTrade

OptionTrade Review

What is next in your decent and detailed binary options trading education is a good review for a very good and profitable broker – OptionTrade. Read our overall and helpful OptionTrade review to get familiar with the most important features and interesting facts about this platform.

OptionTrade Broker History and Company Information

OptionTrade broker was founded back in 2020 and even though with no such rich history, this platform has succeeded to develop an amazing popularity among both – new beginners in binaries and high punters. OptionTrade broker is operated and based in Cyprus, so its main regulation body is Cyprus Securities and Exchange Commission (SCEC). On the other hand, OptionTrade platform is considered to be one of the few brokers, which rely on the EU-based safety measures in such a big manner. OptionTrade is indeed reliable and trustworthy, because since its establishment it achieved the trust and the confidence by the traders.

OptionTrade Broker Customer Support and Services

OptionTrade platform is supported by a huge team composed of kind and polite customer support representatives that are always happy and ready to give you a hand in case of an inquiry or a need for more additional information. The customer support services on the website are available at multiple languages – including English, Japanese, Chinese, German and etc. The customer support representatives on OptionTrade broker are available 24/5 and you can reach them via the following communication methods: modern integrated live chat, fax, phone calls and callback option and emails.

OptionTrade Broker Binary Options Types

OptionTrade platform allows you t trade with many instruments, assets and binary options types. Whatever you are keen on – fast and safe profit or more complex trading strategy with non-standard binary traded, it is up to you what you will choose on the website. Check out now the available binary option types on OptionTrade platform:

  • 60 seconds – quick and easy to earn money
  • Standard binary options types – Call and Put binaries
  • Long term binaries for advanced traders
  • One touch options with great profits
  • Pairs of all common foreign currencies

OptionTrade Broker Features

OptionTrade broker payout rate is an average one – about 85%. There are more than 150 currency pairs you can choose from, while the offered assets except for the currencies are commodities, stocks and indices. The available payment methods for deposit making and withdrawing are debit or credit card, ordinary bank wire transfers, Webmoney, Sofort Banking, iDeal, Neteller, Moneybookers Skrill Przelwey 24 and soon the American citizen can also boost with American Express opportunity. To start trading on OptionTrade broker choose one of the following account types: Standard with minimum deposit of $100, Premium account with minimum deposit of $1000 and specially tailored VIP account with minimum deposit of $5000. In all cases you are free to use the beneficial learning options from the education centre based on OptionTrade broker and to claim for a personal account manager to simplify your trading experience or to acquire more skills and knowledge through your learning process.

OptionTrade Bonus System and Types

OptionTrade bonus system even though not so various is yet intriguing enough to attract many new trades on the platform. Check out the bonus types that OptionTrade platform offers to its traders and claim for them, when you make an official account on the website:

  • Cash Match Bonus – This bonus is 100% and it can give you up to $500 as a reward. What you have to do to achieve it is to make a primary deposit and then the value of the initial deposit, plus the Cash Match Bonus must be traded 20 times before the bonus becomes yours to trade or withdraw.
  • Special programs for loyal clients – Once in a while OptionTrade broker provides special programs for its loyal and regular customers. The programs include both – original bonus types and interesting extras. When you advance in your trading activity on OptionTrade, do not miss to make an application for such a program, too!

OptionTrade Software Type and Information

One of the most curious things about OptionTrade website is the software it is powered by. The broker is entirely operated by the personalized for binary options trading ProTrader platform and as an additional support the web page is covered by the famous HotForex software type. Keep in mind that you can also take the benefit of trading from your mobile device – tablet or smartphone – by using the mobile broker version.

OptionTrade Broker Pros

Check out the best benefits that OptionTrade broker offers to all of its customers to determine whether it deserves your special attention now:

  • Strong reputation and great reliability
  • Great customer support services
  • The best platforms ever
  • Interesting bonus types

OptionTrade – your newest binary options trading arena for making money!

Best Binary Options Brokers 2020:
  • Binarium

    1st Place! Best Binary Broker 2020!
    Best Choice for Beginners — Free Education + Free Demo Acc!
    Sign-up and Get Big Bonus:

  • Binomo

    2nd place! Good choice!

OptionTrade Review

OptionTrade is one of the brand names operated by HF Markets (Europe) Ltd, which is authorised and regulated by the Cyprus Securities Exchange Commission (CySEC). It is actually one of very few binary options brokers to hold a cross-border licence that authorises it to provide its investment services worldwide. It proudly gives all the details of its certification on its website, which is not something all brokers are happy to do. It is also proud to tell all potential new clients that it operates in accordance with MiFID (The European Union’s Markets in Financial Instruments Directive). There are also a number of other regulatory bodies that OptionTrade is proud to be a member of. All of this serves to add assurance that OptionTrade is a reliable and trustworthy binary options broker.

A range of account options with attractive bonuses

There are three basic account options for those deciding to trade binary options with OptionTrade. Aside from this there is also a live demo account and live real account. So let’s look at the basic account options, each of which offers a Cash Match OptionTrade bonus of up to 100% of the initial deposit. There are, however, certain trading requirements that have to be reached before the bonus can be traded with or withdrawn.

  • Standard account – All it takes is a minimum deposit of $200 and a trader is entitled to 1 x $25 risk-free trade as well as a Cash Match OptionTrade bonus. Payout is up to 83%, and there is an 80+ asset index. With an introduction to the OptionTrade Academy, level 1 webinars and personalised training there is a lot to offer new traders.
  • Premium account – The minimum deposit for a Premium account is $1,000. Plus there is 1 x $50 risk-free trade, and of course the Cash Match OptionTrade bonus. The asset index is 120+, and payout is up to 85%. Binary options trading is turned up a notch to level 2, and there are free video tutorials and basic training at the OptionTrade Academy.
  • VIP account – A minimum deposit of $5,000 is required to get a VIP account with an estimated payout of up to 88%, 180+ asset index, 1 x $100 risk-free trade, and advanced training at the OptionTrade Academy. For webinars this account moves up to level 3, and there is unlimited personalised training.

No need for a download with the OptionTrade trading platform

A vital part of trading is the type of platform offered by a particular broker, and OptionTrade makes use of a state-of-the-art trading platform powered by HotForex. Because this particular platform is already well established, traders can enjoy one of the most sophisticated trading experiences currently available in the industry. Aside from the normal features of “Rollover”, “Double Up”, and “Sell Option”, a history graph is incorporated to allow analysis of asset movements. The most standout feature, however, is the “myOptionTrade” client area, which is an account management solution that gives traders complete control over their trading operations – all with one single log-in.

OptionTrade binary options broker offers 200 financial assets across 20 markets.

With OptionTrade there is a vast array of assets available allowing traders to diversify their investments. After all it always pays to have more than one basket to keep your eggs in. As well as currencies, there are commodities, indices, stocks, and pairs, featuring some of the most well-known names in the world today. For example there is Amazon, Barclays, Blackberry, Dell, Facebook, Disney, Linkedin, Telefonica, Tesco, and Total.

Customer support and services available 24/5

OptionTrade provides a number of different ways for clients to get in touch, but lines of communication are only available 5 days out of 7. The quickest way to receive an answer to any questions or to resolve any problems is via the live chat option on the website, but there is also an international phone number, fax, email, and Skype option as well. It is also possible to request a call back via a simple-to-complete contact form.

We’ve already mentioned the OptionTrade Academy, which offers a wealth of educational resources including video tutorials, in-depth courses and strategies, and a comprehensive FAQs section. And let’s not forget to mention the binary ebook that we found to be a pretty good read.

OptionTrade supports a number of payment methods including wire transfer, credit cards, Skrill, Neteller, UnionPay and Fastpay, and the minimum amounts are really quite reasonable. Providing the withdrawal amounts are within minimum levels there are no fees, unless it is via wire transfer.

All in all, we were pretty impressed with everything OptionTrade has to offer; and we were provided with complete peace of mind with regard to safety and security, as this binary options brokers takes licensing and regulation issues very seriously.

OptionTrade Review

Binary options market integrated itself as one of the major trading markets in the last decade, especially in the last 7 years. Often compared to Forex, the binary options market is less complex and resembles a gambling arena. Many broker companies registered as binary options brokers and quickly attracted large masses of people. Binary options brokers sometimes have a hard time to prove themselves in the market full of scammers. Nevertheless, the best brokers find a way to stand out. This OptionTrade review is devoted to one of the best and most-valued brokers in the business. OptionTrade definitely stands out with its business conduct and professional approach.

Background Information

OptionTrade is a part of the Cypriot Investment Firm HF Markets Ltd with a registered seat in Larnaca in Cyprus. It is no surprise then, that it is CySEC regulated and in compliance with the MiFID EU directive. You can be assured that CySEC regulated entities underwent a strict registration procedure where they had to meet the highest industry standards. For traders, this means that their investments are safe and that they can trade in a protected environment. Fairness and transparency are the fundamental values of CySEC.

  • Strict regulation policy
  • Popular and convenient platform
  • Stimulating bonuses
  • Great customer support
  • Free Demo account
  • No fees on deposits and withdrawals
  • Limited number of accepted currencies

OptionTrade Trading Platform

The OT Trader is the running platform of OptionTrade. This platform belongs to the more sophisticated ones among binary options platforms. It is secure and offers some really neat and advanced features.The platform is web-based, requires no download, and it is very user-friendly. The platform is a trader’s basic tool and their trading career needs to be supported by all basic and sophisticated elements.

Account Types

This top broker offers a Demo account to people who are just starting out. Beginners need to develop a certain set of trading skills to subsequently develop a trading career. The Demo account is suitable for studying all the features and options on the platform and to prepare for the real thing. The good thing is that no deposit is required and you can freely investigate the market with no risk of loss.
The live accounts include Standard, Premium and the VIP account.

  • The Standard account requires a $200 deposit and offers payout up to 83%, webinars, personalized training, etc.
  • The Premium account requires a $1000 deposit and offers (additionally), free video tutorials, and advanced webinars, as well as payout of up to 85%.
  • The VIP account is accessible at $5,000 and offers payout up to 88%.

The shared features of these accounts include: client protection insurance, simple withdrawals, multiple accounts with one login, OptionTrade Academy materials according to account level, e-books, and the accepted account currencies USD, GBP, and EUR, as well as Cash Match Bonuses. The webinars at different levels are multilingual (English, Italian, Brazilian, Bulgarian, etc.)

OptionTrade Cash Match Bonus

Traders can apply for the Cash Match Bonus up to 100% of their deposit. The broker lets you withdraw your initial deposit and profits even if you got the bonus on the basis thereof; the company will simply keep the bonus and hand it again to traders when they meet the needed requirements (trading volume). The Cash Match Bonus is placed and kept on a separate Bonus account. The bonus requirement is that you have to trade the value of the initial deposit 20 times to be eligible to trade or withdraw the bonus. The amount of the bonus depends,of course, on the deposited sum, but the maximum bonus amounts to $500.

Payments and Banking

A long list of payment methods is accessible with OptionTrade: wire transfer, credit cards, e-wallets (Skrill, Neteller, fastpay), for deposits, as well for withdrawals, whereby deposits are additionally accepted via Sofort, iDeal, and WebMoney, which are not supported with withdrawals. OptionTrade does not charge any fees, but the wire fees for depositing below $250 will not be paid by the broker.The withdrawal processing time usually takes 10 minutes, except for wire transfers and Sofort. Of course, electronic payments are handled instantly (for both, deposits and withdrawals). Their payment system is very well developed and withdrawals are possible with no further complications. This broker is certainly worth your time.

Out of Business

OptionTrade Customer Support System

A customer support is often called the mirror of the broker since it reflects how much they care about their clients. OptionTrade seems to know that very well and offers well-trained employees who are always glad to help out with any issue, simple or complex, regarding trading or your account. The efficient customer support is knowledgeable, kind, and polite. Available in multiple languages like German, English, Chinese, etc. it is at your disposal 24/5. You can reach them via live chat, e-mail, phone call, and the call-back option. The call back-option is rarely seen with this brokers, but OptionTrade is a leader in many aspects, so this extra feature hardly comes as a surprise.

Best Binary Options Brokers 2020:
  • Binarium

    1st Place! Best Binary Broker 2020!
    Best Choice for Beginners — Free Education + Free Demo Acc!
    Sign-up and Get Big Bonus:

  • Binomo

    2nd place! Good choice!

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