Optiontrade Review - demo, fees, strategy and more!
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.
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 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
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.
Optiontrade demo account
Optiontrade 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 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.
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?
|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|
|Minimum 1st Deposit||Broker doesn't exist anymore|
|Minimum Trade Amount||Broker doesn't exist anymore|
|Bonus||Broker doesn't exist anymore|
|Payout||Broker doesn't exist anymore*|
|Free Demo Account|
|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|