OptionWeb Review

OptionWeb at a glance:

Regulation : Yes (CySec Regulated)
Minimum Deposit : $200
Minimum Trade : $25
Maximum Payout : 90%
Bonus : $4,000
Demo Account : Yes
USA : No
Mobile : Yes

General Overview

OptionWebOptionWeb is proudly the first binary options broker which is completely regulated in Europe and which also has the European regulation license of “CySEC”. OptionWeb was established in 2012 and the headquarters are located in Limassol, CYPRUS. The website operates in English, French and Italian languages. Binary Options traders from the United States are not allowed to trade in Option Web, unfortunately. OptionWeb company is also authorized by; ACP, FCA, CNMV, CONSOB, and BaFin .

Comparison of Similar Brokers

Assets Coverage

Main categories of assets are; Commodities, Currencies, Indices and Stocks. There is a total of up to 180 assets available for trading online. Number of assets depend on the account models;

  • Starter Accounts: Up to 80 assets.
  • Classic Accounts: Up to 120 assets.
  • Silver Accounts: Up to 180 assets.

Minimum deposit amount is $200. And the minimum investment amount per trade is as low as $5. The maximum option investment amount is $1,000. But thanks to a simultaneous position opening feature which enables you to invest multiple $1,000 on each of the individual trades.

Types of Platforms

“SpotOption” is the brand name of the Binary Options software used by OptionWeb. It is the most popular yet secure platform in the market. There are 4 main trading types; Option Builder, One Touch, 60 Sec and Open Platform. All of the trading alternatives are easy-to-trade and convenient. You can make up to 85% profit in 3 easy steps;

  1. Select the asset and the expiry date.
  2. Choose “Call” or “Put” options.
  3. Select the amount you wish to invest.

There are 3 types of accounts for the new customers; “Starter Account” ($200 up-to $1,000), “Classic Account” ($1,000 up-to $3,000) and “Silver Account” ($3,000 up-to $10,000). Each account alternative offers different privileges with respect to their value. Please kindly refer to OptionWeb website for further details on the accounts’ features. Please note that currently there is not a mobile-friendly trading platform unfortunately but there is a “Free Demo Account” feature which will give you the chance of risk-free binary options trading learning process after registering in 1 minute.

Bonus & Promotions

The bonus structure of Option Web is highly dynamic.  It is a kind of promotional ladder system. “First Trade Refund” promotion is available for all of the 3 account types with different refund values.

Please find the details of the refund promotions below;

  • Starter Accounts: First trade refunded up to 50$ if lost
  • Classic Accounts: First trade refunded up to 100$ if lost
  • Silver Accounts: First trade refunded up to 300$ if lost

Deposits & Withdrawals

OptionWeb offers the rich variety of trusted payment methods for its customers. Deposit methods include; Credit Cards, Bank Wire Transfers, Skrill Moneybookers, CashU. Withdrawal alternatives are exactly the same as deposit alternatives. All of the money transactions are processed on-time, with high-security and hassle-free.

Customer Service

Satisfactory customer care services will guide your way comprehensively through your Option Web binary options trading journey. OptionWeb service channels include; Live-Chat, Telephone, Skype, and Social Media.

Verdict

Amongst hundreds of binary options online trading brokers in the internet, OptionWeb has proven itself with its premium brand quality and certified regulated services. If you are in search of a safe online trading harbor, OptionWeb will be one of your safest binary options destinations for sure.

 
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Steve Gardner

I am living in London. I am an e-entrepreneur. I have been working in the financial trading industry as a professional since 2003. I am a fan of Chelsea team. I am married. I like cycling.
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