OptionWorld is a binary options broker that is in a world of its own. The white and orange background shows that this broker has its own style and is confident in offering traders the world’ leading binary options. As of now, there have not been many people brave enough to do a detailed review of this trading platform. Please read the following information to view a concise review of OptionWorld.
- Founded in:
- Nicosia, Cyprus
- The Owner:
- ChargeXP Investments Ltd
- +1 888 512 2916
- Online Form
- Minimum Deposit:
- 200 USD, EUR
- Minimum Trade Amount:
- 200 USD, EUR
- Maximum PerTrade:
- 2500 USD, EUR
- Languages available:
- English, , Spanish, Russian, Chinese, Arabic, French
The trading platform has got virtually all the same features as all of the other Spotoption white labels. Trade with 13 currency pairs, 22 indices, 16 stocks and 6 commodities during market hours. This is not the best choice, but above the average when it comes to the world of binary options. Therefore, you can trade your desired assets according to the constantly changing market conditions.
The Guided Tour is a good way to start your binary options trading adventure at OptionWorld. As with a number of other binary options brokers, you can trade with the Option Builder feature and customize your own binary option. If you feel like trading outside of normal trading hours, then you can trade One Touch options. Overall, the trading platform is standard, but clear, succinct and efficient.
There is a good amount of features on the OptionWorld trading platform to enable any beginner to get started quickly with binary options trading. If you want to learn about all the assets available with this broker, then you can simply visit the Asset Index page. Alternatively, if you would like to know the different banking details, there is a user friendly Banking page.
The payout for in-the-money is up to 75% and for out-of-the-money is up to 10%. The buttons are very well displayed, and you can view them as Call/Put and Up/Down when you want to purchase an option. Additionally, once you have purchased an option, you can view its progress via an easy to read graph, making the trading process enjoyable.
The one problem that we encountered with this broker was that there was no live chat available. You can get in contact with OptionWorld via several international support numbers, an online form, call back or regular email. The support team is well trained and they were keen to answer any questions we had in English, Arabic, Chinese and their other available languages. As a result, we can say that we are happy with the overall performance of this broker’s support team.
Thre are a number of important features which make this trading platform highly user friendly. As with other binary options trading platforms we have reviewed, this one is 10% web-based – offering traders an easy trading experience. There is the Daily Market Review that contains the latest news about the market happenings. The news feed on the homepage is also a great feature to follow the latest market events.
The Glossary has enough information containing the main terms to trade binary with confidence. The Expired Rates area great tool if you want to see the past expiries of any asset which is tradable on the OptionWorld trading platform. The Learn More page is an added feature that shows how you can trade effectively with this broker. Our team is of the view that this platform is very user friendly for beginners and advanced traders.
The OptionWorld trading platform is highly accessible, despite its unusual orange and white background. It does not have the most features, but enough for you to get off to a flying start with binary options. The software is flexible and top quality, making the trading experience simple. If you have not traded binary options before and are looking to get on the right path, then visit the OptionWorld website to see what their platform has to offer you.