Our review on GrandOption
Comprehensive test, guide and forum of the GrandOption broker
Capital can be lost. Bonus terms and conditions apply.
The GrandOption binary options platform is available in five different languages that include French, English, Italian, Russian and Turkish. GrandOption allows its traders to trade and explore the financial markets through binary options via a platform that was developed by the company Tech Financial that has been well known in this industry since it also supplies other brokers such as OptionFair and ZoneOptions. The graphics of this trading platform are of fairly good quality but remain very simple, hence they are suitable for traders who do not primarily rely on technical analysis.
For traders, the GrandOption binary options broker stands for safety. The GrandOption brand is owned by the company Rodeler Limited that also owns the regulated 24option binary options broker. Therefore, the GrandOption is a CySEC regulated broker operating under license number 207/13 and registered by a number of institutions. GrandOption takes measures to safeguard Clients’ Funds. In this sense, the Company cooperates only with banks authorised and regulated by EU member states and that are highly rated by credit rating agencies . In addition, as per the Company’s regulatory requirements, the Company deposits Clients’ Funds in segregated bank accounts.
As far as the assets available for trading and the maturities of binary options (maturities) are concerned, the GrandOption broker offers a very wide selection. The list of trading instruments includes 24 forex currency pairs, 6 commodities, 29 shares and 16 stock indices, which constitute 75 total number of assets on which it is possible to take a position. On the other hand, the maturities range from just 60 seconds to the end of the day.
Traders can fund their trading account free of charge. They have the possibility to deposit money via credit cards, electronic wallets but also through bank transfer. The minimum deposit with GrandOption is $250. Withdrawals are taken into account in a period of seven business days and shall be taxed upon fully account verification. They amount to 3.5% of the withdrawal amount if it is made by credit card or 2% if the trader chooses to withdraw funds through Moneybookers / Skrill electronic wallet. Because these two means of withdrawal involve relatively high costs, the majority of traders opt to withdraw via bank transfer since charges are fixed at only $25. Also note that the first withdrawal from this broker is free of charge.
The online support that assists traders during their trading experience seems quite decent. After a brief discussion with a GrandOption representative, we received clear answers to our questions. The information provided is relevant; the support is courteous and respectful. It is also available in five languages, which allows everyone to be helped effectively and quickly.
Overview of the GrandOption platform
The guarantee of BonusBinaryOptions.net
Registering with the broker GrandOption through this website allows you to benefit from the bonusoptionsbinaires.net guarantee. Our team is thus committed to helping you resolve any possible conflict with the online broker. If you encounter a problem with the broker, please contact us via the "contact" section. We are committed to providing you with a response within 24 hours. All the disputes that we have handled have reached a solution!
Characteristics of the binary option broker
Data sheet of the broker GrandOption
|Number of forex pairs
|| Number of shares
|| Number of indices
|| Number of commodities
|negotiated by BonusBinaryOptions.net
|No deposit bonus
100% instead of 0%
How to use this bonus
To obtain your negotiated bonus by bonusbinaryoptions.net with binary options broker GrandOption simply follow the further steps:
- Open a free account on GrandOption by clicking on one of the links on bonusbinaryoptions.net,
- Make a deposit,
- Contact the customer service or your account manager via chat, email or telephone to redeem your bonus.
- Our bonus offer will be credited to your account in 24 hours maximum.
Attention, the GrandOption customer service department will check if you are coming from bonusbinaryoptions.net in order to be eligible for this promotion.
Conditions to withdraw the bonus
GrandOption offers you the possibility to withdraw your bonus after trading 50 times the bonus amount. For example, to withdraw a $100 bonus that was offered to you, you must first have wagered 50 times the amount of $ 1000 or a total of $ 5000 from the volume of the cumulative transactions (regardless of the number, the selected products, and the size of the traded positions). Note that you have the possibility to refuse the bonus offer by reporting it to the customer service department by chat, email or telephone after the creation of your account.
Information on the brokerage firm GrandOption
GrandOption is the property of Rodeler Ltd, this broker is registered at the address 39 Kolonakiou street, Ayios Athanasios, Limassol Cy-4103. The company owner of the GrandOption binary options brand has CySEC license #207/13 consequently it’s possible for the broker to offer its services to the traders in the European Union.
Regulation of the broker GrandOption
GrandOption is a CySEC regulated broker operating under license number 207/13 and registered by a number of institutions. GrandOption takes measures to safeguard Clients’ Funds. In this sense, the Company cooperates only with banks authorised and regulated by EU member states and that are highly rated by credit rating agencies . In addition, as per the Company’s regulatory requirements, the Company deposits Clients’ Funds in segregated bank accounts.
Methods of deposits
With the GrandOption broker traders can deposit money via:
- credit card (Visa, Electron, MasterCard, Credit card, Discover, JCB, Dankort, CartaSi, Laser)
- wire transfer
- e-wallet (Moneybookers/Skrill, Neteller, Webmoney, qiwi, astropay, giropay).
Withdrawal methods & conditions
With GrandOption it's possible to withdraw the money via:
- credit card
- electronic wallets: Moneybookers/Skrill, Neteller, Webmoney, Qiwi, Astropay
The first withdrawal is free, some fees are applicable on the following withdrawals, 3.5% of the amount for the withdrawals by credit card, 2% of the amount for the withdrawals by electronic wallet or 30$ for the withdrawals by wire transfer. One free withdrawal per month for the "Superior" accounts, any fee of withdrawal for the "VIP" accounts.
Capital can be lost. Bonus terms and conditions apply.
Demonstration video of the broker GrandOption
GrandOption does not have any video. A demonstration video of the trading on the online platform of GrandOption will be available on our website as soon as the broker has established one.
Regulated by the CySEC, the GrandOption binary options broker allows traders to speculate and explore the financial markets. The regulation of this broker means that take measures to safeguard Clients’ Funds. This broker provides its traders with a Tech Financials platform, which offers more than 100 tradable assets including stocks, commodities, currencies as well as […]
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GrandOption : Forum reviews