Dragon Options Review
Dragon Options offers a new look website, and their software is powered by Spotoption – the world’s leading binary options software providers. They are based in Singapore, which is a usual place for a binary options broker to be based. You can trade a range of underlying assets on this world-leading trading platform. Please read the review below to learn what Dragon Options has to offer traders.
- Dragon Options
- Founded in:
- Limassol, Cyprus
- The Owner:
- Dragon Services Ltd
- +44 20 3411 1102
- Minimum Deposit:
- Minimum Trade Amount:
- Maximum PerTrade:
- Languages available:
- English, Russian, Turkish
Trade with 50 stocks, 15 currencies, 7 commodities and 27 indices all on one trading platform. The good news is that the platform is web-based, meaning that you do not need to download any software. The diversity of assets allows you to trade during European, US and Asian market hours. The software works smoothly, enabling a simple trading experience for any type of trader.
Beginners can take a look at the Video Tour to get the taste of what trading binary options is all about. If your binary option expires in-the-money, you are liable for up to 70% return. If your binary options expires out-of-the-money, then you may receive a return of up to 10%. This is about average for the industry.
There are only hourly, daily and weekly expiry times to choose with this broker. You can also take advantage of One Touch options, which offer return rates of up to 500%. Traders use this platform feature to profit from the market outside of regular trading hours.
There are many features which you can use to your advantage when you trade the financial markets at Dragon Options. The Expiry Rates and Daily Market Review are crucial tools if you want to follow the latest data coming out of the markets. In addition, the Yahoo Finance news feed offers regular updates to traders who want to be up to date with the financial markets.
View the percentage of Calls and Puts next to each of the purchased options on this trading platform. Therefore, you can track each binary option you purchased in real time. The Video Tutorial and How to trade sections are perfect for newcomers to Dragon Options that want to stay on top of their trades.
You may get in touch with this broker via phone, email, live chat and fax. The phone and chat services are reliable, as the support team answered each of our trading related questions clearly. However, there is a lack of international support numbers – these are required to put this broker ahead of the competition. The overall rating of the customer support is just above average for the binary options industry.
Dragon Options offers traders of all different levels a way to get started with binary options trading. Traders can easily search through the website to find where they want to be. The FAQ section is unique, as it is separated out into different sections – letting you get the answers you want.
The website can be browsed easily, giving traders a good feel while trading binary options. The FAQ section is split into sub sections, making it easier to find the answers you need. Once you start trading, you will realize that there are many funding to your trading account. There are many benefits of the website, including the Daily Market Review and the attractive user interface.
Overall, we were happy with the functioning of the Dragon Options trading platform. It is not the best out there, but it is well above the average. A few more additional features, including more expiry times and a higher number of underlying assets would help elevate this broker’s status to the next level. If you want to get into binary options trading, Dragon Options may offer you the experience you need.