Binary Options Review: GOptions Binary Brokers
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 now accepts customers from the USA as well. So, if you happen to be in the US or live there while trading, you can perfectly choose the company without worry as if you were in Europe or any other place.
While they have been around for about 4 years now , 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
- Trading Platform: SpotOption
Trading platform options.
Using the Spot Option trading platform, GOptions is proud to say that they are the first ones on the market to offer
Using the Spot Option trading platform, GOptions is proud to say that they are the first ones on the market to offer
- Forex trading,
- Islamic Account
- Ladder Options,
- Pairs Trading, B
- Buy me out,
- 60 Second Options,
- Rollover and Double up.
Is GOptions a Scam? Or is Go Options Legit?
We are comfortable saying GOptions.com is not a scam. GOptions was started with a mission of providing transparency, honesty and integrity to the wild west of binary options trading. 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. Goptions Office location
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
GOptions Micro – Deposit between $200-$499 and get 25% bonus, further bonuses every time you make redeposit equal to 10% of their value, daily and weekly market reviews
GOptions Mini – Deposit between $500-$999 and get 35% bonus, further bonuses every time you make redeposit equal to 20% of their value, daily and weekly market reviews, weekly call and improvement session, OPTION: 4 X $25 Risk free trades
GOptions Standard – Deposit between $1000-$4999 and get 50% bonus, further bonuses every time you make redeposit equal to 35% of their value, daily and weekly market reviews, weekly call and improvement session, OPTION: 4 X $50 Risk free trades.
GOptions Gold – Deposit between $5000-$999 and get 75% bonus, further bonuses every time you make redeposit equal to 50% of their value, personal account manager and private Skype entrance, weekly fundamental and technical strategy training, weekly improvement sessions and daily market reviews, breaking Financial Trade Alerts, 10% Insurance for any total losing month, a paid for month of Auto Trading signals, OPTION: 4 X $250 Risk free trades
GOptions VIP Platinum – Deposit between $10K-$250K and get 100% bonus, further bonuses every time you make redeposit equal to 100% of their value, personal account manager and private Skype entrance, weekly fundamental and technical strategy training, weekly improvement sessions and daily market reviews, breaking Financial Trade Alerts, 10% Insurance for any total losing month, three paid for month of Auto Trading signals, $100k+ Receive personal GOptions credit cards,OPTION: 4 X $550 Risk free trades
Goptions account graph[/caption]
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. 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.
- Rollover is available if you want to stay in your trade past its original expiry period and potentially earn more money. Early closure is also offered if you want to get out of a trade early to cut your losses (or avoid incurring a loss).
- Other benefits are available if you have a large account, like personal account management, Skype chat on a private line if you need assistance with your trading, weekly training in fundamental and technical analysis and general trading strategies, trade alerts, and more.
GOptions Mobile
Goptions Mob screenshot[/caption]
Goptions has developed a state of the art Android application. It utilizes in a small icon on your mobile device all the good things that this broker has to offer. You can invest from anywhere and never miss a trade again.
Goptions has developed a state of the art Android application. It utilizes in a small icon on your mobile device all the good things that this broker has to offer. You can invest from anywhere and never miss a trade again.
You can apply new investment strategies the second that you learn that they exist. The only thing that you need to do is to have an Android device with internet connection and you are good to trade.
The application can be downloaded from the Google application store. It is free of charge and you can get it in seconds. It does not require a lot of memory and it has great design and colors.
The application allows you to trade with over 150 different assets including gold, oil, Forex pairs, stocks, and indices. The return rate is very high and you can earn up to 85%.
The actual size of the application is 2.5MB and it requires that you will have Android 2.3.3 and up. The mobile platform has many benefits which are identical to its web-based counterpart. The app includes features such a
1) fully functional robust trading platform,
2) live and dynamic charts of every option available on the Goptions web platform,
3) open and close trades with instant execution,
4) deposit funds on the go,
5) same day withdrawals,
6) viewing of expired options and your full trade history,
7) universal login for mobile and web-based platforms,
8) intuitive touch screen control
9) fully functional help and support features.
In the latest version of the app many things were fixed and added. As well, many bugs were resolved and removed. In our opinion this app which is provided to you by Goptions is definitely worth to be used both by new and existing traders. If you have never tried to trade with an app, you will be surprised how easy it is.
Keep in mind that even if you are a trader that is using a different app, once you will download the one that this article is dedicated to, you will immediately see the difference. When you start using the app please do not forget to rate it.
My conclusions and Recommendation
Goptions is one of the better binary Option Brokers out there even though there have been a few hiccups over the past few years Goptions has grown and development with the latest technology and innovation with regards to the Mobile platform as well as their web based platform. So in my Opinion I would place Goptions in my TOP 5# Binary Option Brokers and here is my star Rating for Goptions. As a binary trader for the past few years and having myself made a lot of trading losses and gains I beleive I have the understanding and educational expertise to give a well deserved 5 Stars when I see it. Well done GoptionsEase of Access: 5.0
Platform performance: 5.0
Reliability: 4.9
Customer Support: 4.9
Payouts Percentage 4.9
GOptions Binary Brokers get 4.9 I hope you enjoyed reading my review Please leave a comment or feedback at the bottom of this review as I do appreciate all the comments you send me..“And may all your trades be profitable”.
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