OptionWeb is the broker that is way ahead of all the others concerning regulations. They have been the first to be regulated by the CySEC in 2012 followed by the ACP which is the regulatory authority of the Banque de France. We can say that in terms of transparency and seriousness, this broker no longer has much to prove.
OptionWeb provides you with the possibility to choose between 5 types of accounts. The first account is a “starter” account for a first deposit of between 200 and 1000 Dollars. Ideal for those who want to start trading in binary options or quite simply to test the platform and the OptionWeb services. With this account, you will have to trade most effectively.
The other accounts require deposits from 1000 to 3000 Dollars for the standard account and 3,000 to 10,000 Dollars for the Silver account. Each account will provide you with additional benefits such as trading signals, financial information, an account manager but more importantly training via a demo account.
Therefore, OptionWeb is part of the rare brokers to suggest opening a demo account under obviously certain conditions. This condition is to open at least one “Standard” account.
It is possible to trade on a selection of 83 assets from simple standard currency to shares including Indices and Commodities.
The images of this article are in foreign language because the test has been originally realized for the French version of the website. However, note that the iOption platform is also available in English.
The maximum yield rate that you can claim is 85%, which places OptionWeb among the brokers that offer the highest yield rates. The yield on maximum loss is 10%.
You can take advantage of these high yields by opening minimum positions of 5 Dollars, thus leaving traders with minimum capital to be able to trade with adapted money management. This also places OptionWeb among the brokers that offer the lowest minimum position.
OptionWeb offers the classical type of trading here. You can not necessarily blame them because they have certainly worked hard to achieve their regulation in France and left innovations aside.
It includes binary options of the High / Low type, Option Builder, which is also found in many brokers, thus allowing to define its expiration and risk.
The OneTouch is principally for the Shares and Indices with interest rates between 300 and 500%.
The “60 seconds” is for Speed ??Trading with very short-term maturities for the traders who like scalping in binary option.
OptionWeb uses the “SpotOptions” platform where we’ll find their famous trading platform; a guarantee of performance and reliability.
It includes the ability to “double one’s bet” with the “x2” button or even to resell one’s option before the end of the maturity.
The second possibility to trade is the WebTrader with a certainly intuitive but classic platform.
I regret once again the inability to position several assets of your choice one below the other, which would prevent having to constantly select them from the drop down menu.
On the window to the right, we note the summary of all our open positions, which allows us to have a fast tracking of our current positions.
For the “60 seconds”, we like the ability to directly track one’s positions at the bottom of the chart instead of in the right side window.
After registering and opening your account, you can make a deposit by credit card, bank transfer but also by MoneyBookers.
Note that opening an account on OptionWeb through this link allows you to enjoy an exclusive bonus of 100% instead of 20%.
For withdrawals, it takes about 3 days for a standard account and 24 hours from a Silver account. Your withdrawals will be processed and made ??easily because OptionWeb is regulated.
Regarding the customer service, there is not much to say since you will have the opportunity to join them through various methods. The fastest method will be the “online chat”, but you can also choose Skype or simply request a call-back from an adviser.
I think that OptionWeb has implemented everything on its regulation and this is an excellent point as it allows us to withdraw our earnings or our capital at any time. This is why we place it in the TOP 5 binary options brokers in our comparative chart.
Now that it is regulated, we hope that it will be innovative in offering a new method of trading or in further improving its platform.