Optiontrade Review

Optiontrade

Optiontrade joined the market in 2013 and is therefore one of the recent brokers. However, even after such a short time, it managed to top many more established brokers. Among the main advantages of this broker are regulations by most important commissions such as CySEC and multilanguage support. Optiontrade is currently translated in 14 languages and counting. More and more novice traders are interested in this broker thanks to $200 minimum deposit and a free demo account which Optiontrade provides.

IMPORTANT UPDATE: Since october 2016, broker OptionTrade doesn’t exist anymore. The head company HotForex decided to shut it down.

Optiontrade Awards

Optiontrade has been awarded for their exceptional services multiple times. They have been awarded the Business Excellence 2015 award, but also hold the title of Best New Binary Options Broker in Europe 2014.

This broker was founded by the owners of HotForex group, which is a forex broker, that’s been in this business since 2010. This might be the reason of their success. They just know what they are doing. Optiontrade themselves say, that their success is caused by their will to keep their customers happy and satisfied with everything they do.

optiontrade awards

Optiontrade platform

optiontrade platform

Overview of Optiontrade broker trade platform

Optiontrade offers a wide range of binary options such as one touch options and ladder options.

  • One touch options
    • By trading one touch options, trader speculates whether the price attacks a certain position. If it does, the profit is high (up to 300%).
    • An example: Price will reach $120 in under 72 hours. If so, the trader gains $300. If not, trader loses $100.
  • Ladder options
    • optiontrade ladder options

      Trading ladder options

      This type of binary options is similar to spread options offered by HighLow. They are classic options with slightly adjusted ITM line. If the line moves against our trade, we have a higher chance of greater profit. If ITM line moves so that strike price is more profitable for us then 95% profit can move for example to 24%, but this also moves yields higher probability of profit.

    • With ladder options, trader can use advanced hedging techniques to make sure that he stays in profit regardless of the price movements. More on that here: Binary option strategy hedging.
optiontrede broker high low options

Classic high-low options

Broker Info Advantages US Traders Open Account
in case of correct prediction
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK

Optiontrade demo account

optiontrade demoOptiontrade offers free demo account with no need to deposit (as opposed to other brokers). Just open your account, go through the usual verification process and press open demo account in “My account” section after logging in.

The demo will be active in a few minutes. Open demo account with OptionTrade

Optiontrade bonus

Optiontrade offers the possibility of getting a 100% bonus from $100 up to $500. If you are a novice trader you should read this article: Pros and cons of bonuses before getting one – it can help you save your hard-earned money.

optiontrade bonus

Our Optiontrade experience

Our experiences are generally positive. Starting with customer support through trading and swift trading platform to fast withdrawals there is nothing to complain. Will optiontrade defeat stockpair to be the best broker of 2016?

Summary
Review Date
Broker
Optiontrade
Rating
51star1star1star1star1star

Pros

  • Great and swift platform
  • Free demo account

Cons

  • Broker doesn't exist anymore

Screenshots

Screenshot 1 Screenshot 2

Details

Broker Optiontrade
Website URL http://optiontrade.com
Founded 2013-2016
Support Email support@optiontrade.com
Support Types Telephone, Email, Live chat
Languages English, 简体, Indonesian, Pусский, Ελληνικά, العربية, Italiano , Polski, Svenska, Deutsch, Español, Melayu, Français, Português, Română, Czech, Việt Nam
Trading Platform ProTrader
Minimum 1st Deposit Broker doesn't exist anymore
Minimum Trade Amount Broker doesn't exist anymore
Advantages Broker doesn't exist anymore
Payout Broker doesn't exist anymore*
Free Demo Account Open Demo
Regulated Yes
Regulation CySEC regulated
Account Types Standard, Premium, VIP
Deposit Methods Credit card, Skrill, Wire transfer, Webmoney, Neteller
Withdrawal Methods Credit card, Skrill, Wire transfer, Webmoney, Neteller
Types of Assets 160+
Option Types Classic High-Low, Ladder, One Touch, Pair, Long Term, 60 seconds
Trading Currency EUR, USD, GBP
Account Currency EUR, USD, GBP
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score

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4 Responses to “Optiontrade”

  1. I traded hotforex broker for quite some time and now i am trading binary options too. They have the same customer support as hotforex with user friendly trading platform, easy execution and the withdrawals are processed easily. I would like to rate 4.5 out of 5 to optiontrade and would recommend others to give it a try.

  2. I started trading with this broker on a friends recommendation and i am happy as I haven’t any unusual to complaint about. I can say that anyone trading with them must be saying the same words as they are really doing a great job. 100% Recommended broker!

  3. I tested them few months ago, not with too big investment but opened account at optiontrade with small capital. I am glad to tell others after my four months successful trading with optiontrade that i had easily recovered my invested amount and now all my trades are executed on the profits earned during the said months. They have good trade execution and trading is more easier than forex with rewarding payouts. I usually make withdrawals at the end of each week and it usually arrives in my wallet on the next working day. So far it works nice and i would safely recommend it to my other fellow traders to give it a try as they really worth it.

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General Risk Warning:
The financial products offered by mentioned companies carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.
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