Broker – Optiontrade

OptionTrade Review

OptionTrade is a fully EU regulated binary options service from award-winning FX broker, HotForex (CySEC licence 183/12). OptionTrade offers traders access to a highly-responsive, web-based trading platform that allows them to invest in more than 200 financial assets including Stocks, Commodities, Indices, and Currencies.

Company Information

Company Name:
OptionTrade
Website:
www.optiontrade.com
Founded in:
2013
Headquarters:
Larnaca, Cyprus
The Owner:
HF Markets (Europe( Ltd.
Phone:
+357-24-400561
Email:
support@optiontrade.com
Languages available:
English, Chinese

Trading Platform

When you open an OptionTrade trading account and explore the ProTrader trading platform you will realise that the powers-that-be at OptionTrade know what’s important to traders; they have all the key elements in place to ensure that their clients can enter the market in just seconds. This simple-to-use, yet technologically advanced binary options trading service has been tailored to meet the needs of both experienced and novice traders alike.

OptionTrade’s ProTrader platform successfully delivers a highly user-friendly trading experience and speedy trade execution through a cutting-edge, responsive interface that allows traders to trade on-the-go. The platform is web-based, which basically means that you don’t have to download anything; you can trade via your favourite browser from any device, from wherever you are, as long as you have an internet connection.

OptionTrade – Key Features

When I visited the OptionTrade website, quite a few aspects of the service caught my eye:

  • Traders can choose between a number of binary option types: Classic, Long-term, One-touch, 60 Seconds and Pairs.
  • OptionTrade’s asset list is really extensive so traders simply need to select the asset type, choose expiry time and predict if the price will rise or fall. It’s that simple.
  • Currently, OptionTrade offers to match your initial deposit by *up to 100%. All you have to do is open and fund a live trading account.
  • Minimum deposit starts at just $100 for the Standard account, rising to $1000 and $5000 for the Premium and VIP accounts respectively.

Safety and Security of Traders’ Funds

As we have already mentioned, OptionTrade is licensed and regulated by CySEC (Cyprus Securities and Exchange Commission) and operates in accordance with MiFID (Markets in Financial Instruments Directive) regulations.

OptionTrade is also a member of the Investors Compensation Fund which provides added protection of client funds and insurance of up to 20,000 Euros for those who are eligible, so traders who have had negative experiences with unregulated brokers, may feel safer with OptionTrade.

Customer Support

OptionTrade provides excellent 24/5 customer support through chat and fax. If you have any questions or complaints, simply contact the support team who will endeavor to resolve the issue as quickly as possible.

Made for Traders

Everything on OptionTrade’s site has been carefully thought out to provide traders with simple, yet advanced functionality; demo and live trading accounts; interesting and informative educational materials; and, above all, an enjoyable trading environment

Our Final Verdict

In conclusion, OptionTrade’s extensive list of financial assets useful trading products and services, education centre and potential payouts should encourage traders to give this innovative binary options service a try. Traders get a user-friendly trading experience, a choice of hundreds of financial assets and the chance to claim a bonus of *up to 100 % when they open and fund a live trading account.

 

*Subject to terms and conditions