OptionBit Review

Overview

OptionBit is one of the most premier binary options brokers in the entire industry. Their experience in this market is unmatched, thus offering the latest technology on a dynamic, but incredibly easy-to-use, platform.

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Details

Broker OptionBit
Website URL www.optionbit.com
Founded 2010
Headquarters Global View Ltd - Suite 305, Griffith Corporate CentreSuite PO Box 1510, Beachmont, Kingstown & Global View International Services Ltd - 272 Bath Street, Glasgow, G2 4JR, United Kingdom
Minimum 1st Deposit $200
Minimum Trade Amount $10
Payout up to 400%
Free Demo Account Open Demo
Regulated Yes
Regulation CySEC, license number 224/14
Number of Assets 130+
US Traders Allowed No
Mobile Trading Yes
Overall Score 8.9/10

Full Review

The OptionBit broker is well-known as one of the most reliable online binary options brokers. Starting out in 2010, the company received a rapid development all over the world.The OptionBit Company has been very dedicated from the very beginning, with a great customer service and attentive approach to its clients. A trading platform, called OptionBit has all the modern, latest technologies, giving to the binary options traders a comfortable and safe way in trading. All users get an easy access to the information that they need for successful trading: advanced candlestick charts, which are available for any assets, the economic calendar, streaming prices, etc..

The platform offers various tools to fully control the trading process. With a help of «Close» option, traders have the opportunity to save their own investment. Option «Extend» allows the traders, if necessary, to increase the terms of option expiration.

A highly qualified, multilingual management personnel and customer service team are always ready to help, providing unlimited 24/6 support in regard to your choice of a trading strategy.

 

Features, Bonuses

1. Currency pairs (Forex currency market) – 12 kinds of currency pairs.
2. Products (global exchanges): copper, iron, silver, gold.
3. Indexes (World Exchange): 13 items (NASDAQ, IBEX, AEX 25, NIKKEI 225).
4. Shares (global exchanges): 40 companies (Gazprom, Toyota, Total, VIVENDI, Nike, IBM, Intel, Morgan Stanley).

OptionBit gives its customers a unique opportunity to get deposit bonuses, win great cash prizes in the traders contest, or become the owner of the latest iPad.

OptionBit offers to new customers a welcome bonus on their first deposit. The bonus is available for trading in any kinds of binary options, and its amount is determined by the staff of the broker on the basis of contributions.Every Month, the OptionBit is holding a contest for traders, which plays out a prize pool of $ 30,000. The competition is open to customers who commit the transaction in the amount of not less than 20 dollars. The winner will be the one who makes the highest number of profitable trades within given time.

 

Optionbit, is it a scam?

Finishing on analysis of OptionBit reviews we raised the question of the broker’s reliability and wanted to find out how true the statement is that OptionBit could be a scam. Reading the reviews of various brokers it is always possible to find negative comments, stories about how companies are cashing in on unsuspecting traders, and so on. But how do you know whether it is true or the result of competitors false posts? Firsly, we look at is whether the broker is being licensed and whether they are regulated by international organizations. In case of OptionBit we do not see any reason for suspicion, because they are licensed by the Seychelles Securities and Exchange Commission (Green Galaxy International SA). Therefore, we are very skeptical that if OptionBit could possible be a scam. Nevertheless, trading with binary options is always connected with great risks, and you must work with brokers that have a well-known reputable regulator, with clear terms and conditions, which we strongly recommend to read first. This also applies to various bonuses and promotions.

 

Deposits and withdrawal

The accessibility and convenience policy makes the OptionBit a good broker. The depositing is carried out via almost any popular payment systems, including Visa, MasterCard, American Express, and payment systems, such as Yandex Money, Web Money, QIWI, CashU, etc. , it helps to transfer client funds immediately. The withdrawal is possible once the account verification is complete. The derived funds are credited to the customer’s bank card or an account of one of electronic payment systems, and takes around 3 days.

 

Regulator

The OptionBit is a popular trading platform for trading binary options. The presence of the license from the Green Galaxy International S.A. demonstrates our unwavering desire to always be a reliable broker of binary options. The Green Galaxy International SA Investment Firm registered under the laws of Mahe, Seychelles, Incorporated December 31, 2012, having its registered office at Company number 117556, 1st floor, Dekk House, Zippora street, and is regulated by the Seychelles Securities and Exchange Commission (Green Galaxy International SA), the license number is 117556.

 

Conclusion

A set of functions from the OptionBit trading platform will satisfy any type of traders around the world. The system is high payouts, available assets of 100, which gives the platform the maximum profitability. Trading on Algobit system, equipped with free signals, is exclusive from OptionBit. The clients can open an account on the broker’s website and receive an welcome package with an impressive investment bonus, personal account manager, training and other pleasant things. The OptionBit broker offers a standard package of services for trading on financial markets binary options. At the same time, it is a professional company with an unblemished image that can provide traders with all that is necessary for a safe and profitable trading. The broker is in the top 10 of market leaders, due to the continuous expansion of trading tools and functional improvement of work, is not going to leave this position, we recommend Optionbit to those who really care for safety, reliability and reputation of their chosen brokerage firm.

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