GOptions отзывы

Рейтинг надежности брокеров бинарных опционов за 2020 год:
Содержание

7 Binary Options

UPDATE (17.01.2020):

We have found out that GOptions has shut down their operations.

We recommend choosing one of our top binary option brokers instead:

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Try also Binary Option Robot if you are looking for automated binary trading.

Old Review:

GOptions is an online binary options broker that has been around since 2009. It has many traders that choose to use it as their major binary options broker. It has a proven record of focusing their efforts on trying to satisfy their traders many needs as much as possible. They were voted the best of the new online broker in 2020 and they are also the first website to allow FOREX trading. Here is what we found when we took a close look and reviewed the GOptions website.

Basic information:

Online since: 2009
Jurisdiction: British Virgin Islands
Software: SpotOptions
Max Returns: 90%
Bonus: 100%
Minimum Deposit: $200
Minimum Investment: $5
Maximum Investment: $5000
Currencies: USD, EUR. GBP, AUD
Mobile: Yes
Countries: All nations incl. US

– Excellent payout rates
– Types of accounts
– Demo account
– Accept a lot of different payment forms
– Special features

– LiveChat could be faster sometimes

7 Binary Options Rating:

Special Features

GOptions has some really unique trading features such as a BUY ME OUT feature where a trader can close a trade before expiration, a ROLLOVER feature that lets the trader extend the expiration of a trade and a DOUBLE UP feature that lets an investor make another trade of the same type with one mouse click.

Bonuses

Generous sign up bonuses are given in various percentages depending on what level an account holder a trader is. These will be covered a little more in depth under the ‘Types of Accounts’ section. The minimum deposit required to open up an account is $200 and the bonus is unlimited.

Maximum Profit (payout)

GOptions is no slouch when it comes to big returns on investment. A trader can get as high as a 90% return on investment when placing normal options trades and that can go even higher when placing trades such as ladder type options. So if a trader can correctly pick the way an option is trending at the expiration time they can make a lot of profit using GOptions.

They also have an extremely low minimum investment for making a trade; it is only $5. That means that any investor can afford to place just a little money on a trade that might be super risky, but come with a big payout. The maximum investment a trader is allowed to make is $5000. So there is definitely a big swing when it comes to the dollar amounts of investment allowed to make both big and small traders happy.

Русскоязычные платформы для торговли бинарами:

Types of accounts

GOptions had a lot of different types of account levels that a trader could be assigned. The level that a trader gets is directly related to the amount of their initial deposit, just like their sign up bonus. Each subsequent level has all the perks that come with the level below it plus some extra ones. Here is what we found as we traded with each level. GOptions likes to call their various account levels ‘loyalty programs’.

GOptions Micro account

The basic level or GOptions Micro account as it’s referred to, requires a minimum deposit of $200 – $499 ($200 is the absolute minimum deposit to be able to trade on GOptions). This level gives the investor a 25% sign up bonus to trade with and an additional bonus of 10% for every subsequent deposit. The investor will also get daily and weekly reviews of the market provided to them by GOptions.

GOptions Mini account

Next up is the GOptions Mini account which requires an initial deposit of $500-$999. This level gives the investor a 35% sign up bonus and additional bonuses of 20% for each subsequent deposit an investor makes. Further perks at this level of trading gain the trader access to a weekly call and tutorial session and 4 risk free trades of $25.

The GOptions Standard account

The GOptions Standard account is the next highest account that GOptions offers and it requires a deposit of $1000-$4999 to be assigned to that level of trading. This level gives the investor a 50% sign up bonus and additional bonuses of 35% for each subsequent deposit an investor makes. Further perks at this level of trading gain the investor access to 4 risk free trades of $50 each.

GOptions Gold account

If an investor wants even more perks than they must go up to the GOptions Gold account level. It requires a deposit of $5000 – $9999 to be assigned to that level of trading. This level gives the investor a 75% sign up bonus and additional bonuses of 50% for each subsequent deposit an investor makes. Further perks at this level of trading gain the investor access to 4 risk free trades of $250 each, alerts to breaking financial news, free auto trading signals (just like in many binary option robots) for 1 month and 10% insurance on all trades during an unprofitable month.

GOptions VIP Platinum account

The ultimate trading level on GOptions is the GOptions VIP Platinum account. – It requires a deposit of $10,000 or more for an investor to be assigned to this level of trading. This level gives the investor a whopping 100% sign up bonus and additional bonuses of 100% for each subsequent deposit an investor makes. Further perks at this level of trading gain the investor access to 4 risk free trades of $550 each, access to a personal account manager via Skype, three months of trading signals free and again the 10% non-profiting month insurance. If an investor deposits over $100,000 then they will receive a GOptions credit card also.

Once an investor has made the deposit they will then need some documentation to verify the account and start trading. These are all part of providing account security and complying with the anti-terrorism laws of countries like the USA.

Three things will be needed:

  1. Scan of a Photo ID: A passport or driver’s license will work fine here.
  2. Scan of a Credit Card: You can block off all but the first 4 digits and last 4 digits of the card.
  3. Utility Bill: Supply a utility bill that matches the address on the license or credit card.

Trading Platform

GOptions is yet another online broker that uses the popular SpotOptions trading platform. It is an easy menu driven platform that any level trader can get used to in a hurry.

Placing Trades

There are a lot of good ways to place trades on the GOptions website. They offer a variety of options to trade such as sixty-second options, the standard High/Low option, One Touch options and Pair Options trading.

There also was a large variety of expiration times that were available on 2options too. Such expiration times included 30 seconds, 60 seconds, 2 minutes, 30 minutes, 24 hours, end of the week and many others also.The trader can place trades on such assets as currencies, stocks, indices and commodities.

Screenshot

Learning Tools

The GOptions site provides its users with just an adequate selection of learning tools; some improvement can be done in this area for sure. But with that being said, it does offer its investors a very nice demo account with which to learn to trade on the website and they offer to refund a traders deposit if they are not happy with the site after trying the demo mode.

Banking

GOoptions tries their best to make banking as easy as possible and they do a nice job at it from what we could see. They accept a lot of different payment forms for both deposits and withdrawals. They allow such things as MasterCard, Visa, bank wire transfer, iDeal, Skrill Moneybookers POLI, Maestro, CashU, WebMoney, Cartebleue, Paysafe Card, Visa Electron and others; that is as good of a deposit payment form selection as you will see anywhere.

Withdrawals are simple with GOptions too. Many of the same methods that a trader used to place their deposit can also be used to withdraw money. There is no minimum amount that can be withdrawn, but be aware there are some fees that are associated with some types of withdrawals.

Overall, GOptions sticks to their desire to have a no hassle withdrawal policy. They are a company that does not treat your account money as theirs, but likes you to feel you have access to it at all times. They typically process the withdrawals the same day they are received and we got ours back when we reviewed the site in 3 days; many sites take well over a week to get withdrawals back to their investors. To say the least we were impressed with the short turnaround times.

They do their banking transactions in one of four acceptable currencies: the US Dollar, the British Pound, the Euro and the Australian Dollar.

Customer Service

We found the customer service with GOptions to be good but not great. A trader on their site was able to access customer service by phone, live chat or e-mail. When we contacted a live chat operator they responded quickly and answered knowledgeably all the questions we had to ask them.

They provide both US and United Kingdom phone numbers to access their customer service that way. GOptions also provides customer service in English, French, German and Arabic to better serve their many investors needs.

Conclusion/Summary

As was stated, there are some drawbacks to using the GOptions, but we highly recommend using this broker because of the many trading options the site has and the many unique bonus opportunities that come with it also. They offer to refund a traders deposit if they are not happy with the site after trying the demo mode, so there is no risk for the trader to try it.

Additional information

Customer Service: Live Chat / Email: [email protected]
Languages: English, French, German, Arabic
Trading Options: High / Low, One Touch, 60seconds, Long Term, Pair Options, Ladder Options
Assets: Currencies, Stocks, Indices, Commodities
Early close: Yes
Expiry Times: 30 sec, 60 sec, 2min, 15 min, 30 min, 1 hr, End of Day, End of Week, End of Month
Deposits and Withdrawals: Visa, Mastercard, Bank Wire, Skrill Moneybookers, iDeal, POLI, CashU, Maestro, Cartebleue, Visa Electron, WebMoney, Paysafe Card
Withdrawal Time: 3 days
Demo account: yes

BINARY OPTIONS

FOREX TRADING

BROKER REVIEWS

BROKER REVIEWS

The global financial markets are based on the concept of fluctuating market prices, with all underlying assets having only two different directions of movement, up or down. In the grand scheme of things, a financial asset can either appreciate in value (market moves up) or depreciate its worth (market moves down), owing to several market conditions. Successful investing in the markets rely on the ability of a trader to correctly interpret the changes occurring in the market, which can indeed lead to significant gains and a lucrative trading career.

There are numerous financial products available in the market, and binary options trading is quickly proving to be one of the most popular investment opportunities for both retail and institutional traders.

Several professional traders rely on developing a tangible binary options strategy that combines both binary options and the traditional Forex and Stock trading, in order to diversify their investments and enjoy greater exposure to the markets. While binary options trading may prove to a highly profitable investment opportunity, traders must be aware of all the risks and potential pitfalls that are associated with the binary options market.

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What Are Binary Options?

The general concept of binary options trading is very easy to understand, even for the most novice trader. Binary, as the name implies, deals in 0s and 1s, and binary options trading signifies that the outcome of a trade can only be a profit or a loss. Binary Options trading has three major components of trading, the underlying asset, the type of binary options product, and the time of expiry. To enter a trade, a trader must first choose an underlying instrument, select a binary options type, set the expiry time, and enter their investment amount. If they believe that the price of the asset will move up from the moment of entry until the time of the expiry of the option, they can choose a ‘Call’ option. On the contrary, if they believe that the price will fall, they can choose the ‘Put’ Option. The outcome of the wager is determined by the actual strike price at the time of expiry of the option, which can either be a winning trade or a losing trade.

Binary trading only takes into account the direction of the movement and the strike price of an asset with respect to the entry price at the time of expiry, as the change in price value or the impact of the stock/currency/commodities/indices price don’t have any effect on the outcome of a trade.

Binary options allow traders to minimise their capital outflow and risk exposure, as they can earn significant gains in the market by making accurate predictions. Traders can also control their risks, as they only lose the invested amount per trade, rather than facing a margin call during times of high volatility.

– Differences Between Binary Options & Other Forms Of Investments

In traditional forms of trading, an investor makes a profit or loses money according to the direction of the movement of an underlying asset and the magnitude of movement. Therefore, the potential for both profits and losses are limitless. A trader is free to choose his/her investment amount and can risk their entire trading capital on a single trade, without worrying about the time of expiry. The availability of leverage can also help traders to trade on margin, which multiplies the market exposure to a greater extent.

The converse is true for losing positions, as the losses are compounded according to the pip movements of the asset. Regardless, a trader can hold on to his/her position as long as they desire, unless the losses exceed the minimum margin requirements, at which point, the broker induces a margin call. The price variations of an asset play a significant role in determining the outcome of a trade.

Binary options trading makes use of a slightly different concept, as all options include an expiry time and a fixed profit/loss per trade. The duration of trades may vary according to the choice of the financial instrument and the binary options product, but the end result is always determined by the direction of an asset’s price or the range chosen for the strike price, rather than the outright difference in its value. The fixed profit/loss of binary options trade is also entirely different from the pip-based ROI offered by traditional forms of investments.

– Types Of Binary Options

High/Low Options – The classic high/low options is the most preferred binary options product in the market, as it involves betting on the price of an asset relative to the initial entry price. High/Low options offer average payouts in the region of 60% to 95% for ITM trades, while losing trades may provide a refund of up to 25%.

Range/Boundary Options – The range or boundary options are binary options products that stipulate a boundary or range of price in relation to the existing price. The strike price of an asset at the time of expiry should fall in this region for a trader to earn profits. If the strike price falls outside the range/boundary chosen by the trader at expiry, the trader loses his entire investment, regardless of the direction of movement. Range and boundary options may be able to provide higher returns than the classic high/low options.

Touch/No Touch Options – Touch and No-Touch options are by far one of the hardest binary options products in the market concerning the profitability of trading, as it requires a trader to make an accurate prediction of the future price of an underlying asset. Although Touch/No-Touch options can provide high payouts that can reach up to 500% per single trade, it is usually only recommended for expert binary options traders.

Ladder Options – Ladder options are similar to a classic high/low binary options product, but payouts are distributed across different levels. The payouts increase in value according to the rise or fall of prices through the levels and are designed more of as a long-term binary options product. The broker chooses all the preset levels and the returns on each level, while the ROI can reach as high as 1500% for some binary products.

Pros Of Binary Options

  • Binary Options trading is fast-paced and exciting.
  • Binary Options trading allows traders to earn a fixed profit percentage per trade.
  • Losses are restricted to the amount invested per trade. Therefore, risks and rewards can be set before trading commences.
  • Payouts can be around 60%-95%, while some payouts can reach as high as 1500%.
  • Traders can minimize their capital outflow.
  • Most binary options brokers offer access to a large number of financial instruments.
  • Binary Options is excellent for investors looking to diversify their investment portfolio.
  • There are no fees or commissions of trading.

Cons Of Binary Options

  • Binary Options is riskier than traditional forms of investing.
  • Traders have limited choice over the time of expiry of an option, as there are restrictions to modify/manage trades.
  • The pace of binary options trading may mean that trades are over long before markets have a chance to conform to a trader’s analysis.
  • Binary nature of trading may not be suitable for conventional traders.
  • Existing regulations throughout the world may prevent traders from several countries to indulge in binary options trading.

Why You Should Trade Binary Options

Binary options trading is suitable for all investors who wish to enjoy a fast and exciting trading environment. If you are not worried about taking risks but are committed to receiving some of the highest rewards offered by the financial markets, binary options trading is your answer. With a thorough knowledge of the different aspects of the financial markets and a good psychological tolerance towards risk, traders can indeed earn a sizeable income from a profitable binary options strategy. Binary options trading is particularly useful for modern traders who feel that they are leaving a lot on the table with their conventional investment strategies.

Binary Options Regulations

Regulation is a critical component of the financial markets that not only keep investors safe from financial malpractices, but it also ensures that binary options scam activities and frauds are completely eradicated from the global financial markets. While we have come a long way from the early days of financial frauds and large-scale scams from numerous financial entities, we still face a significant threat from companies that never back down from an opportunity to trick unsuspecting users. Binary options regulation and regulation of financial services may vary from country to country, but the overall regulatory policies adopted by leading regulatory agencies have a common ground that is designed to protect investors and safeguard the integrity of a country’s economy.

CFTC & NFA (United States of America) – The Commodities & Futures Trading Commission and the National Futures Association are two of the primary regulatory bodies of the US that regulate binary options trading for US traders. The CFTC has strict laws governing the entire financial markets, and binary options trading in the US is different from the binary options products provided elsewhere in the world. US traders are protected according to the best regulatory standards issued by the CFTC and the NFA, even though traders might be expected to make some compromise on their trading strategies to suit the regulatory guidelines.

FCA (United Kingdom) – The Financial Conduct Authority is another leading regulatory organisation that regulates financial companies operating in the UK. The FCA has authorised several binary options trading companies in the market that offer excellent binary options products and services to match the strict trading conditions enforced by the UK authorities.

CySEC (Cyprus) – Cyprus is the most preferred destination in the EU for binary options brokers. The CySEC is one of the very first regulators to openly accept binary options trading as a valid form of financial product and is home to one of the largest numbers of binary trading companies in the market. The CySEC is a part of the European Markets in Financial Instruments Derivatives (MiFID), thereby allowing all CySEC regulated binary options brokers to operate in the EU under the European Economic Area (EEA) agreement. The CySEC is extremely vigilant in its investor policies, and are devoted to introducing new laws frequently to meet the demands of the market.

ASIC (Australia) – The Australian Securities and Investments Commission is a premier Australian regulatory body that regulates binary options brokers according to a strict regulatory framework that is developed to protect investors from financial scams. The ASIC is indeed a top-quality financial watchdog that does not make any compromises towards investor safety.

There are other binary options regulatory agencies in the world that are proving to be highly popular among companies, which include the Vanuatu Financial Services Commission (VFSC), the Financial Services Authority (FSA) of Seychelles, the Financial Services Authority of St. Vincent & the Grenadines (SVGFSA), the International Financial Services Commission (IFSC) of Belize, the British Virgin Islands Financial Services Commission (BVIFSC), and The Financial Services Commission (FSC) of Mauritius.

– Why Trading With A Regulated Broker Makes A Difference?

While a majority of traders believe that succeeding in the binary options markets, require extensive training, skills, and expertise, the primary indicator of success is the ability of an investor to choose a trusted and reliable trading partner. Irrespective of the proficiency of a trader, if he/she is unable to invest funds in a genuine and reliable brokerage, it ‘s hard to withdraw the earnings from the broker. Financial scams and dishonest broker practices are quite common in the binary options industry, and traders have lost millions of dollars of their hard-earned money to numerous binary options scams.

There have also been cases where brokers forcibly withhold clients’ payments citing bogus reasons. In other cases, brokers simply trade against their clients and create an adverse environment where traders are guaranteed of losing their investments. Some companies may also use illegal and potentially dangerous means of syphoning money from their clients, which can attract severe penalties in several countries. Therefore, it is vital for all investors to ascertain the credibility of a company before investing, and make it a priority to choose a regulated broker for all of their trading needs.

– Are Non-Regulated Brokers Scammers?

A broker’s regulatory status cannot guarantee 100% authenticity to its users, as several regulated brokers have indulged in financial frauds, while non-regulated brokers still continue to offer genuine and reliable binary options services. In the case of regulated brokers, the regulating authority is responsible for investigating claims of financial discrepancies and may issue several sanctions against regulated members, including hefty fines and termination of licenses.

Of course, there may be exceptions, as there are countless non-regulated brokers that offer high-quality products to their clients, without any regulatory intervention. Regardless, as a trader, it is usually a safer option to invest your funds in a regulated broker, even it may mean making a few compromises on the overall benefits offered by a company.

– Deciding Between Regulated & Non-Regulated Brokers

Making a choice between a regulated and a non-regulated broker must be a straightforward affair. Under normal circumstances, a regulated broker is far better than a non-regulated one, mainly due to the safety of the investments and the reduced conflict of interest between the broker and the trader. However, there are some drawbacks to choosing a regulated broker. For instance, some brokers that are regulated by top regulatory agencies are banned from providing a free bonus to its clients, and it adversely affects any free money or allied promotions. In this regard, most of the genuine non-regulated brokers may be a far superior option that can allow traders to enjoy excellent bonus programs for increasing their trading capital equity with minimal risk.

At times, top regulated brokers, especially the ones from the EU and the US, may ban traders from certain countries due to legal reasons. Some countries may also additionally prohibit their citizens from indulging in any binary options trading activities, which make it impossible to trade with a regulated company. Therefore, under such conditions, traders may consider the option of trading with a non-regulated broker, but it is up to the trader to ensure that they follow all local laws and guidelines that apply to their investments and other allied activities.

Binary Options Scams

Binary scams come in different forms, but all types of scams attempt to have one feature in common; earn money through dishonest means from unsuspecting users. Binary trading scams not only seem to affect amateurs and newbie traders, but even professional traders may feel the full effects of fraudulent activities enacted by companies.

– How Do Scams Work?

Binary options scam work along the lines of making a quick buck out of traders that are looking to take advantage of the incredible earning opportunity offered by the financial markets. Scams are usually committed by non-regulated and suspicious financial companies that indulge in malpractices through different tactics. The main scam that occurs in the industry is the process of withholding clients’ money without any reason. Typically, brokers may deny access to traders’ funds and may choose to decline any type of withdrawal requests altogether.

In other cases, brokers may provide different types of financial analysis and trading signals services that may deliberately force traders into losing money in the markets. It is also common for fraudulent brokers to create unfavourable trading conditions that force traders into sustaining massive losses. Adverse trading conditions may include a faulty trading platform, incorrect trading calls, erroneous price feeds, and manual/automated trading intervention.

Traders should also be careful about broker scams that may lock out profitable and successful traders from their own accounts. These scams are known for deleting all trading history and account information of such clients to prevent them from ever recovering their trading accounts or sustaining evidence to take legal action against the companies. Such scam practices are also quite common in the binary options industry, and traders should try to stay away from such scams at all costs.

– How To Avoid Scams & Being Ripped Off?

No trader likes to be a victim of a scam, and being ripped off one’s hard-earned money is one of the worst feelings for a trader. Binary options trading is a risky market, and traders shouldn’t add the risk of a scam brokerage into the mix. There are several precautionary strategies, which traders can use to stay safe from broker scams:

Traits Of A Bad Trading Site

  • Lack of regulation.
  • Increasing amount of negative customer reviews.
  • History of a ban, sanctions, or fines from Government or regulatory agencies.
  • Eager to sell broker’s services, but not committed to customer satisfaction.
  • No contact information or fraudulent information provided to users.
  • Inadequately maintained website.
  • Lack of knowledge on the broker’s part.
  • The Hidden cost of trading.
  • Whether the company has been featured in any binary options blacklist.

– What To Look For In A Good Broker

  • The quality of regulation.
  • Availability of credible information related to accounts and services.
  • Dedication to maintaining a good customer service experience.
  • Reduced conflict of interest.
  • Positive reputation through online and offline mediums.
  • Proactive in tending to legitimate investor complaints.
  • Whether broker provides an outline of all binary options fees & cost of trading.
  • Possess excellent knowledge of the markets and their services.

Trading with verified brokers that have a positive reputation is considered to be the most advantageous course of action. Unverified brokers with a reputation of being a scam will more often tend to indulge in scam practices, even if they provide promises of revamping their services to better suit the traders’ interests. We constantly come up with some of the most elaborate and professional binary options broker reviews to offer better insights into how a company operates in the market. Therefore, always ensure that you go through our binary options broker review checklist every time, before choosing a binary options trading company.

How To Trade The Markets With Binary Options Brokers

While our binary broker reviews can provide you with access to the top companies in the industry, there are different aspects that contribute to an excellent trading environment. As a trader, your main priority should be to create a trading strategy that not only enhances your chances of success but minimises the potential for losses. Psychological factors play a huge role in determining the long-term viability of a trader’s career, and we advise traders to follow the best practices adopted by professional traders, before investing in the markets.

– Choosing The Right Broker

We have already covered the importance of choosing the best broker for your investments, and it does stand at the top of our priorities list when it comes to binary options trading. Choosing the right broker can not only ensure a safe and convenient trading environment, but you can also enjoy a lot of trading features and tools to help with your analysis of the markets.

– The Choice Of A Binary Options Trading Platform

There are countless branded binary options platforms, as well as third-party binary trading platforms, which continue to service the entire binary options market through multiple devices. There are two types of binary options interfaces for the desktop platform, a dedicated installable software and an online web-based trading interface. The web-trading platform appears to be the more popular platform of choice among binary options brokers and traders, while some traditional brokerages do provide the possibility of trading on a stand-alone installable platform.

Since binary options trading finds application in different trading platforms, the industry has seen an incredible rise in popularity of binary options trading among mobile users. Therefore, most companies have developed dedicated binary options apps for iOS and Android operating systems, in order to facilitate safe and convenient trading on supported smartphones and tablets. It is certainly a fantastic opportunity that allows traders to access their accounts on the move, without experiencing any delays, bugs, or absence of any trading features.

– Binary Options Demo Trading

A binary trading demo is important for all traders to familiarise with the concept of trading and to get a better understanding of the platform features. A Binary demo account is particularly useful for novice traders to avoid risking their money in the markets without having a good idea about all the risks associated with binary options trading. Demo trading is not considered to be a popular offering in the binary options market, as only some brokers offer an unlimited free demo account to its users. A vast majority of binary options brokers generally offer a demo account only to its verified account holders.

– Binary Options Minimum Deposit & Minimum Investment

Traders have different requirements and risk-appetite. While some traders are endowed with a massive trading capital, some traders might find it difficult to muster up the huge investments that are generally required for opening an account at conventional brokerages. Binary options trading has indeed opened up the markets to the retail traders, after the FX markets, but some binary brokers still require large trading capital from their clients. However, almost all the leading companies have pretty lenient trading conditions and may allow traders to open an account with a small investment capital. Regardless, as a trader, you should be able to define your trading goals and work within your parameters to see what kind of trading capital works for you the best

– The Payment Methods

One of the main advantages of trading online is the availability of numerous payment methods. Binary brokers usually allow their clients to fund an account or make a withdrawal through different payment means, such as credit/debit cards, bank wire transfer, and e-wallets such as Skrill and Neteller. Hence, even if you decide your trading capital and your brokerage account, make sure that you choose a broker that allows you to fund and withdraw using your preferred payment option.

All The Latest In The Binary Options World

– Binary Options Trading In The News

Binary Options trading is always in the news, for both the right and the wrong reasons. During the inception of binary options trading in the later part of the 2000s, the market used to be saturated with news of all the different aspects of trading binary options, their pros, cons, and application. However, with the passing of time, large-scale binary options scams and dishonest broker practices led to the rise in negative reputation, which still finds prominence in the daily news affairs of the world.

– The General Consensus Of Binary Options Trading

Binary options trading is still repealed by conventional investors and traders who are stout believers of the traditional forms of investing. Some traders even consider binary options to be ‘just another form of gambling.’ Regardless, new traders are slowly starting to realise the benefits of binary options trading and how it can complement the existing strategies in the market. Traders are also using modern tools such as binary options robots and social trading tools to improve their profitability in the market.

– The Good & Bad Of Listening To Social Media Feedback On Binary Options Trading

It is quite common for social media to constantly spawn all kinds of information on any topic, regardless of the authenticity of the source or the credibility of information. Binary options trading is also finding a lot of positives and negatives from the social media, but there both advantages and disadvantages to it. For instance, social media can be a great tool for like-minded traders and investors to collaborate on trading strategies, use social trading instruments, and collectively analyse the markets for a better trading environment. However, on the downside, social media is also abused by deranged traders who have lost money in the markets due to a gambling mentality. Binary options are not just another form of gambling; instead, it can be considered as a genuine investment opportunity, provided traders are willing to exercise restraint while investing their money in binary options products.

– How To Use Your Own Due Diligence When Trading Binary Options

Traders should be diligent in their efforts to properly evaluate all options before investing in the binary options trading market. Of course, the profit potential and earnings may be incredibly attractive, but the risk of ruin is greater than the risk of reward. Despite the risky nature, several professional traders continue to make good profits in the markets.

GOptions Review

GOptions have ceased all operations. Please visit our recommended brokers page.

GOptions is a binary options website which has the distinction of being located in the UK. Most binary options brokers are located in Cyprus, so this may be a standout feature to customers who are also located in the UK. GOptions does accept customers from the USA as well. While they have been around for three years, they do not seem to be very well known, which at this point is something we would say is a drawback. They do have some nice features however and may be worthy of your consideration, especially if you have a lot of money to invest.

  • Official Website: http://www.goptions.com/
  • Headquarters: London, United Kingdom
  • Phone Number: +44 203 608 1331
  • USA Traders Allowed Not Allowed – SpotOption regulated all white labels must not accept US traders 9/14/15
  • Trading Platform: SpotOption

Is GOptions a Scam? Or is Go Options Legit?

GOptions was advertised as being started with a mission of providing transparency, honesty and integrity to the wild west of binary options trading. It’s a shame they did not live up to their promises. While they are not a regulated binary options broker; but at this point that is pretty much the norm for most brokers. It is comforting though that the business is located in London. On their “About” page – GOptions provides a mailing address and a clear map to their offices, which seems to imply you could actually go and visit them and talk to someone in person if you wanted to. This is a sign of respectability which is quite rare. Many companies conceal their street addresses.

It would be nice however if there were more information available on this broker online. We noticed that there are problems with some of their web pages not loading well. While site errors do not on their own imply that a company is not trustworthy, they do make us wonder where their priorities are. There are also informational gaps on the website. You can find all the information you could want on GOptions, but a lot of it isn’t directly on the site.

GOptions has a relatively high minimum withdrawal limit, as you will see below. Normally this would be a cause for concern, but since their services appear to be aimed mostly at customers with larger accounts, it doesn’t seem as significant as it normally would.

Deposit Information

  • Deposit Currencies: British Pounds, US Dollars, Euros
  • Minimum Deposit: $100 or equivalent
  • Deposit Methods: Credit card, wire transfer, CashU, MoneyBookers
  • Fees: $25 for wire transfers
  • Withdrawal minimum: $100
  • Known For Lightning Fast “Near Instant Withdrawals”

The process to open an account with GOptions.com is easy and straight forward. Just fill in the blanks.

The minimum withdrawal is an annoyance, particularly given that it matches the minimum deposit. The fact that they are willing to take as little as $100 for a new account is great, but think about it. If you lose a single trade, you would have to win back your money before you could withdraw the rest of your money. That’s not a great way to get started trading. That is why we suggest that despite the convenience of the $100 deposit, you consider depositing at least $200, if not $500. Trade conservatively and you should be all right.

If you are someone with a lot of money to put in your account, GOptions may actually be an ideal choice to lose it all. This company has some excellent account services available for customers who deposit $10,000 or more. And at that level, you don’t have to worry too much about that minimum withdrawal limit. (Don’t be concerned if you aren’t ready to trade big – check out where minimum trades are accepted here)

GOptions Bonus Information

GOptions offers some attractive bonuses to new customers. The more money you deposit to open an account, the higher the bonus. These are leverage based bonuses, not cash bonuses, and you have to turn over the amount of the bonus 40 times in order to claim the money as cash. The largest bonus is 100% on a deposit ranging from $10,000 to $250,000. That is incredibly substantial. You can receive another bonus each time you make a redeposit of equal value to your first deposit. The lowest bonus is 25% for deposits ranging from $100-$499. There are also referral bonuses if you can send new customers to GOptions.

Types of Options and Payouts Available:

  • High/Low, Options Builder, One Touch, 60 Seconds
  • Maximum payout per trade: 85%
  • Average out of money reward: 0-10% (per losing month, not per trade)

Trading Features at GOptions

  • GOptions is a SpotOption-powered trading website. You probably already know how to use SpotOption if you have traded with another binary options broker. It is by far the most common trading platform out there, and it’s very easy to use. Check out other platforms
  • Educational resources include a glossary, FAQ, blog about trading, and free trading charts. The free charts are a unique and interesting resource for traders that most sites do not offer. Daily and weekly market reviews are available for traders who use fundamental analysis.