iOption Review
The rapid expansion of global economy has taken the market economy to a much higher level and so it is nowadays the priority of traders to make the best possible use of their resources in order to have the best profits. With the advent of binary trading as one of the most lucrative business options in the world, a large number of people have made it their career. The main aspect of binary trading is that it allows traders to enjoy a good amount of profit within a very little time. It is to be kept in mind that, as far as binary trading is concerned, traders have to be able to curb the risks and uncertainties associated with the business in an effective way in order to savor the taste of success. With the help of trading platforms like iOption, one can easily garner some huge amount of profit within a very small time.
ioption Basic Information
iOption was founded in 2009 with a view to tap into the emerging potential of the binary market. Hence, it is one of the oldest trading platforms in the market at present and therefore can be regarded as one of the most authentic trading brokers. It helps you become the best traders in the market. It is headquartered in Nicosia, the capital of Cyprus, and serves a global client base. Its relatively low minimum deposit as well as high payout with cash back option, makes it one of the most favored trading platforms in the market.
Asset List
iOption offers one of the most extensive collection of assets that traders can easily choose from. The list includes 66 stocks which includes CITI, APPLE, GOOGLE etc, 35 indices such as DOW, NASDAQ(US) etc, 24 currency pairs and 7 commodities as GOLD, SILVER, COFFEE etc. For more details, you can visit the iOption website. This huge collection of assets makes it possible for traders to choose easily from a large number of options. More the number of assets better the chance of being successful in this trade. This platform has become the most favorite of many traders, not only due to its simplicity but also because of its reliability and number of different varieties to choose from.
Option Types
iOption offers four distinct types of options to traders. These include Up-down Option, One Touch Option, Option Builder, and Sixty Second Option. Traders can invest money on any one option and can garner high level of profit if the trade ends in money. It is to be kept in mind that different types of options require different approaches and so it is better for the traders to be careful enough while making a choice. The One Touch Option is the most lucrative option and offers a higher payout.
Payout
The payout offered by iOption is also higher than the market average. While most of the trading platforms generally offer 65 to 71 percent payout on successful trades, iOption offers payout of 85 percent on an average on trades that end in the money. In case of One Touch Options the payout is sometimes as high as 400 percent that enhances the profit potential of the trader to a large extent on a single go. Turning bad trades into winning trades, is the main role of iOption. Thus, if a trader invests $100 in One Touch Option and if his trade ends in success he can easily earn $500. Such a high level of profit offers a unique binary trading experience.
Web Based Trading
One of the main advantages of trading through iOption is that it is a web-based trading platform, that allows traders to invest money in the business from anywhere and anytime they want. In a web based trading platform, traders do not have to download any specific software for their computer. Thus they can take part in the trade even if they are on the move. This has significantly enhanced the binary trading sector and one can easily participate in the trade whenever one feels fit.
Customer Support
The customer support service from iOption is offered in thirteen different languages that include English, Spanish, French, German, Arabic, Portuguese, Italian, Turkish, Romanian, Danish, Japanese, Russian, and Chinese. Traders can call the support staff over the phone or can go for a Live Chat session to get some real time suggestions. The service is offered 24 hours a day and seven days a week, which means traders can contact the support staff anytime they want. Moreover, traders can also open a demo account and get a detailed idea about the trade before investing in the real money market.
Awards
Overview
| Broker | iOption |
|---|---|
| Official Website URL | www.ioption.com |
| Founded | 2009 |
| Headquarters | Nicosia, Cyprus |
| Support Types | Email, Online Chat, Phone |
| Supported Languages | Arabic, Chinese, Danish, English, French, German, Italian, Japanese, Portuguese, Romanian, Russian, Spanish, Turkish |
| Trading Platform | SpotOptions |
| Minimum 1st Deposit | $250 |
| Minimum Account Size | – |
| Minimum Trade Amount | $10 |
| Bonus | Up to 100% match bonus |
| Payout | 85% |
| Free Demo Account |  |
| Deposit Methods | CashU, Credit Card (Visa, MasterCard, Dinners Club, Maestro International, Discover), MoneyBookers/Skrill, Payoneer, Wire Transfer, |
| Trading Methods | 60 Second Option, Option Builder, One Touch Option, Up-down Option |
| Number of Assets | 87 |
| Option Types | Commodities, Currency Pairs, Indices, Stocks |
| US Traders Allowed | |
| Mobile Trading | |
| Tablet Trading | |
| Overall Score |  |