Gtoptions is a binary options trading broker that has been in operations since 2011. Founded by a team of financial market and banking professionals, it offers traders some of the best services in the industry.
Gtoptions provides traders with a fresh and innovative trading platform that is easy to use, and that includes the first time traders. The broker provides for a personalized trading experience, and each new trader gets to have a personal broker.
This just goes to show you that the company has invested in its customer service. As you will see in this review, traders have a wide array of features that they can take advantage of, along with trading accounts that cater to the needs of all types of traders.
Gtoptions General Information
Here are some of the important things you need to know about the company.
- Trading Markets: Forex, Stocks, Indices and Commodities.
- Currencies: Euro and US Dollar
- Account Funding: Visa, MasterCard, Diners Club, Wire Transfer, MoneyBookers, Western Union and Cash U.
- Demo Account: Yes – After you signup for an account.
Setting up an account with Gtoptions is a very easy process and should only take you a couple of minutes. The site requires very little information from the trader; no documentation is required. The broker gives all its new traders ‘free cash’ to the tune of $100: this is to enable traders to try out the platform for free.
While there is a demo account, you will need to open a regular account to access it. This means making a deposit of $250, which is their minimum deposit amount. After this you can convert the account into a demo account.
The maximum deposit will depend on the deposit method you use. If you are using a credit card, the deposit is capped at $5000, while with wire transfer there are no limits. You can also deposit using Western Union, and the maximum amount is $10,000. New traders have the chance to get a bonus of up to 100 percent in their first deposits.
- 60 Seconds Trading
- One Touch
- Option Builder
The 60 Seconds Trading option has become quite popular in binary trading platforms. This option is characterized by its 60 second expiry and it is a well-liked feature with day traders. One Touch is a feature which gives traders the opportunity to make incredible profits, of up to 600 percent. However, it requires that the trader hits a set price level.
With the Up/Down feature, traders are able to forecast the expiry of their trade: this gives them the opportunity to lessen their losses. Then there is the Option Builder feature which allows traders to have a customized trading experience, by personalizing their binary option. There are various accounts for traders, and these range from the mini account which requires the minimum $250 deposit, to the Gold account which takes a minimum deposit of $2000. This is one of the very few trading platforms that gives its traders markets that are ordinarily not provided. These include wheat which is traded as a commodity and there is also the trading index, BOMBAY SE.
This binary options trader seeks to give traders higher chances of gaining profits. Its payout on successful binary trades ranges from 70 percent to 90 percent. There are resource tools available for traders, and these include eBooks which especially help new traders to learn more about the different markets.
The customer service is exceptional and caters to multiple nationalities with multilingual customer service personnel. Alternatively, traders have the option of getting help from their personal broker, which is even more convenient.