MarketOptions is a UK based binary options broker having been introduced late 2013. They are supported by the upgraded SpotOption trading platform. They focus on customer service and have an extensive Trading Academy.
Summary of our MarketOptions Review
Platform Overview | |
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No. Assets | 80 |
Asset Classes | Stocks, Currencies, Commodities, Indices |
Trading Features | Call/Put, One Touch, 30 Second, 60 Second, 120 Second Options, Long Term Options, Pair Options, Roll Over, Double Up, Sell Early |
Software Platform | SpotOption |
Trader Information | |
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Payout % | 85% |
Minimum Deposit | $200 |
Minimum Trade | $5 |
US Friendly | Yes |
Demo Account | Yes |
Bonus | Up to 100% |
Customer Service: Their support team is available 24/7. We found them very helpful and responsive when we contacted them. Support and the platform is available in English, Arabic, French, Russian and Turkish. They can be contacted through phone, e-mail or live chat.
Deposit/Withdrawal: Deposits can be made via most credit/debit cards and wire transfers. Most withdrawals are processed within 1-3 business days.
Trading/Execution: Trading and execution was satisfactory.
Features: MarketOptions has one of the best assortments of trading features including 30 second options, one touch and pair options. They also have in trade features such as double up, roll over and sell early.
Trading Education and Market Data: The MarketOptions academy provides different education material such as eBook and training guides. They also provide a daily market analysis.
Another important factor for Titan Trade is that they use the SpotOption trading platform which received the first CySEC binary option license, ensuring a highly secured website which adheres to Cyprus financial regulations.
MarketOptions Demo Account
MarketOptions offers a free 10,000 practice account. This is a great opportunity to simulate trading in a real time trading environment. They also provide you with training and signals during your demo trial to assist you with your trading.
Is MarketOptions a Scam?
MarketOptions makes an effort to assist traders in learning how to trade. Few brokers offer a free demo account as they want to secure deposits as fast as possible. The fact that MarketOptions makes an effort in ensuring that traders are comfortable before they risk actual funds is a positive sign. They also provide fast no hassle withdrawals which alleviates a major scam concern that most traders have with brokers.
MarketOptions Platform
The MarketOptions platform offers multiple screen views for placing orders. You can view one order box with an enlarged advanced chart. There are screens to view 4, 10 and 16 different order boxes with different chart sizes and options. This variety allows great functionality depending on the type of trader and the amount of orders you follow at one time.