Binary options signalsReviews
8 / 10
Global Option Software
Established in 2010, Global Option represents a binary options broker owned by Win Global Inc. The company offers professional trading services to investors globally. It provides traders with various features and opportunities for investing, within a simple and self-explanatory platform. Apart from the wide range of assets and the multiple trade types, you will be more than pleased with their advantageous return percentages. Bonuses are also to be taken into consideration along with the rebates, as this broker is one of the few on the market offering refunds on losing trades.
Software and Platform
Known to be elegant and sophisticated, the platform is pretty unique in this industry, as only this company and another broker use it. Other than that, it is extremely user-friendly, as it was developed especially for novice traders. Therefore, beginners will easily find their way through it, without having to complete much steps in the processes or to lose much time on learning how the platform works.
Moreover, the software is free of bugs or errors, which could have impeded you from successfully trading. You will not encounter any problems, stability being the word to describe the experience you will enjoy.
Types of trade
Global Option’s portfolio includes digital, touch and range types of trades. Aditionally, the company offers an interesting option called Sell Options, implying traders selling their already purchased contracts. Why? Because it provides them with the advantage of getting some of the money back, in case their prediction was inaccurate.
Furthermore, there are two more options especially created for benefiting the trader, whenever something goes wrong. Extending the expiry time or closing a trade before it was due to expire are powerful tools in the world of trading.
Four categories of assets are available for trading with Global Option. Commodities, currency pairs, market indices or stocks can be found in a large variety, more than 80 underlying assets being accessible. Stocks come in the largest number, so people who enjoy trading these ones will be excited to discover 58 of them.
The list includes:
Return percentages as high as 95% are achievable, when trading with this broker. This is quite unique in the industry, as other companies manage to offer only 85% as the highest percentage one can reach. The lowest is about 68%. Still not a bad figure, but we have to take into account also the rebates rates on losing trades, which lie between 10-15%.
There are not much bonuses or promotions to consider, as the company tends to remain poor concerning this part. However, as many other brokers also offer, a welcome bonus of 50% is received by any trader who decides to open an account and join their team. The bonus can be used for making investments or can be withdrawn, but only after a certain number of trades have been processed.
Deposits and Withdrawals
Opening an account is free and it doesn’t take much time. However, to start trading, a minimum deposit of $200 is required. Possible payment methods comprise credit cards (Visa, MasterCard, American Express, Diners Club), wire transfers or MoneyBookers. The same options are available also in case of withdrawals. These take about three days to be processed, way better than the usual seven days. The time is required for evaluating each transaction, so that money laundering is avoided.
On the website, under the Learning Centre section, there can be found a lot of useful trading resources, delivering all necessary information for trading. A free demo account is offered, so that newbies can get a closer look on what this broker has prepared for them. Wanting to improve this educational part of the platform, the company promised to provide soon helpful webinars, with the main purpose of better serving their unexperienced customers, by offering them further explanations on different topics, regarding trading, of course.
In what may concern the financial data easily to discover by switching the main tabs, the charts and graphs seem to be very appreciated among investors. Only four steps are required for completing a trade, this being appealing for both novice traders who avoid difficult things and for more advanced users who don’t want to lose any time and desire quick profits.
The mobile trading application is indeed very treasured by customers, as it allows them to easily access the mobile platform and perform their trades on the go. All functions available on the computer are approachable also on the mobile, so you won’t miss anything. The application is supported by a large number of devices, including iOS and Android phones or tablets.
To get in touch with a member from the support team, you may choose from sending an e-mail, requesting a call back, telephoning the company or using live chat. These are the basic methods available for customer service. Although the help offered is always accurate and useful, the company is not yet able to provide its assistance in other languages, besides English. Hopefully, this area will soon benefit from some improvements.
Why Global Option?
When it comes to the large selection of assets, the high-quality platform offering different opportunities for trading, Global Option is indeed a great choice. In addition, the high payout rates and the mobile trading application add even more advantages to the company’s offerings. However, small improvements are necessary regarding the bonuses section and the customer service as well, but even without benefiting from those, this broker remains impressive in terms of services and would be a suitable option for any trader.
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