Magnum Options Review
Magnum Options is our latest review candidate, and – in the opinion of our traders – looks to be one of the leading binary options brokers available to you. The company offers a professional environment in which to trade, with a sleek clean and simple website design and intuitive platform. Further, with such a range of account types available, something we will cover a little bit later, you really cannot go wrong with this company.
- Company Name:
- Magnum Options
- Founded in:
- British Anguilla
- The Owner:
- Minimum Deposit:
- 200 USD
- Minimum Trade Amount:
- Maximum per Trade:
- Languages available:
- English, Italian, German (more soon)
The trading platform is web-based, meaning you can’t trade direct from your browser without having to download any third party software. Simply login, select the asset you want to trade, select the direction in which you want to place the trade and let it expire. Payouts are clearly visible, and having place to trade you can monitor the time remaining from within the platform itself on the live countdown timer. There are a range of trade is available to, including binary options, pairs, long-term, one touch and ladder. You can also customise the platform with a range of different layouts to suit your personal taste.
The main feature that sets this company apart from its competitors is the aforementioned range of account types made available to its clients. There are four primary account types – as standard, premium, executive and Magnum elite. The differences between the accounts primarily lie in the bonus level available to traders, information on which you can find out more at the website above. As far as tradable assets are concerned, there are approximately 60 available assets, with no margins, no spreads and no fees.
Support is available in English, German and Italian. Options available to clients of Magnum options are live chat (24 seven), email and telephone. Free telephone lines or offered for both UK and US-based clients. International calling code will be required for clients outside these regions.
With its wide range of account types, it’s impressively large number of tradable assets on offer, its range of trade types and high payout ratios, we consider Magnum options to be one of the industry’s leading binary options brokers. Whether you are a beginner looking to get started in the binary options space (if you are be sure to check out the education centre!) or a professional trader looking for a secure and reliable place to account – you cannot go wrong with this company.