OptionsXO Review
The onset of globalization in the last decade of the 20th century, revolutionized the whole concept of trade and commerce once and for all. The adoption of market economy in most of the parts of the world has led to a new system where the market decides the fate of the economy. This has paved the way for some hefty and quick incomes through previously unknown businesses. When it comes to earning good profits within a very little time and that also without much investment, Binary Options Trading deserves a special mention. It has become the most popular choices of traders today. With increasing demand of binary options trading, there is now a wide selection of brokers to choose from, who are available in market. One such broker is OptionsXO.
OptionsXO Basic Information
OptionsXO was established in 2012 and is based in Cyprus. The trading platform is regulated by the Cyprus Securities and Exchange Commission or CySEC. As a result, traders can be rest assured about the safety of their investment. Also it is a web based platform, which allows traders to trade from anywhere anytime. It is a user-friendly platform and traders need not require downloading additional software to use the platform. Though the broker is comparatively new in this field, it has already managed to gain a foothold in the industry. It is one of the most revered trading platforms in the market nowadays.
Assets
OptionsXO offers a large number of assets for traders to choose from. Assets are listed on the website one after another down the page, with complete additional information like current prices, expiry times, etc. The extensive list of assets includes 33 stocks, 13 indices, 8 commodities and 29 currency pairs. Therefore, traders can easily choose any type of asset from this extensive list according to the requirement. However, traders have to be careful enough regarding their choice because different assets yield different level of profit at a given point of time. In this way, the high quality platform, combined with the variety of assets available, make OptionsXO a top ranking broker for binary trading.
Payout
The payout that OptionsXO offers is higher than the industry standard. The platform offers a payout of 89 percent on successful trades, though the return can go up to 360 percent on high yield specialized trades. One of the most important features of the platform is that traders can have a return of 15 percent of their investment if their trade fails to end in the money. That is why the platform is a perfect option for those who are new to the business and are more vulnerable to loses.
Minimum Deposit
The minimum deposit that OptionsXO asks for is one of the lowest in the market. With a minimum deposit of $25 it is possible for traders to open an account and enter the trades through this platform. This low minimum deposit helps them limit their loss potential to a large extent. This is particularly helpful to those who are new to this business and do not have any detailed idea about the trade. Moreover, it also allows traders with limited financial capacity to make some good money from the trade.
Option Types
OptionsXO offers different types of trades to investors and so one can easily make a choice of the most lucrative as well as the most affordable one. It offers more lucrative types of trades like the Sixty Seconds Options, One Touch Option, High/Low Options, Above/Below Options, Boundary Option, Boundary High Yield Option and One Touch High Yield Option. The main advantage for traders using this platform is that they can easily choose one according to their requirement from these types.
Customer Support
The customer support service offered by OptionsXO is also one of the best in the industry. It is their top priority to serve their customers with the best. They offer service in seven different languages that include Arabic, English, French, German, Italian, Spanish, Turkish. As a result, traders from different parts of the world can trade through this platform. Traders can contact the professionals through E-mail and Telephone. They can also opt for Live Chat in order to get some real time advice from the experts on the trade.
Partners
Overview
| Broker | OptionsXO |
|---|---|
| Official Website URL | www.optionsxo.com |
| Founded | 2012 |
| Headquarters | Cyprus |
| Support Types | E-mail, Live Chat, Telephone |
| Supported Languages | Arabic, English, French, German, Italian, Spanish, Turkish |
| Trading Platform | Web Platform |
| Minimum 1st Deposit | $25 |
| Minimum Account Size | $25 |
| Minimum Trade Amount | $10 |
| Bonus | 150% Deposit Bonus |
| Payout | 89% |
| Free Demo Account |  |
| Deposit Methods | CashU, Credit Cards, Liberty Reserve, MoneyBookers, Ukash, Wire Transfer |
| Trading Methods | 60 Seconds Options, Above/Below Options, Boundary Options, High/Low Options, One Touch Options |
| Number of Assets | 100+ |
| Option Types | Commodities, Currency Pairs, Indices, Stocks |
| US Traders Allowed |  |
| Mobile Trading | |
| Tablet Trading | |
| Overall Score |  |
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