KingOption Review

Review of: KingOption

Reviewed by:
Rating:
4
On July 29, 2013
Last modified:July 2, 2016

Summary:

KingOption Review - KingOption Scam?

open_accountEstablished in late 2010, KingOption is still quite a new binary options broker. They aim to facilitate exotic option trading via providing an exceptional trading environment where binary options are traded in a simple and smart way.

Based in Cyprus, the company has not yet revealed the information regarding the management or the CEO of the company. This lack of information affects the company’s reputation because most traders enquire about these types of information before deciding to trade binary options.

There are 21 binary options available for trade that you can choose from. For in the money, the return rate is rather high (81 per cent), whereas the payout for out of the money is 0%. During the trading experience with King Options, you can try out different Binary Options type like the Trade Digital, Touch and Range options.
KingOption also allow users to choose from 11 languages, and are committed to secure your funds. When it comes to banking, KingOption are very honest and own an extremely secure payment system.

KingOption Review: User-Friendly

The platform of the KingOption website is one-hundred per cent web-based and is very user-friendly, which enables you to trade from any computer you wish to. On any particular binary option, you should begin trading with the minimum of $10 and maximum of $5000.Considering the whole of the binary options industry, this is one of the best moves. When you feel like starting a trading account on KingOption, it is recommended that you visit the demo and FAQ section of the site to be fully prepared for a good start with binary options trading.

KingOption Review: Assets & Expiry Times

Since KingOption has only been established for a little more than a year, there are a limited number of assets for you to choose from (only 21 assets), however, they promise to add more in the future.

There are some different expiry times available: several minutes, five minutes, fifteen minutes, half an hour and an hour.

KingOption Commissions, Customer Service & Return

It is free to trade binary options at KingOption. Regarding the withdrawal charges, there is still no official information on their website.

There are many ways to contact KingOption: e-mail, live chat or call back. There are six international support members as well as an excellent support team who are all ready to address your problems fast and courteously.

In-the-money position pays a great sum (81 per cent) whereas out-of-the-money option pays nothing (0%), which is somehow disappointing compared to other brokers like StockPair or 24Option.

KingOption Review: Deposit Options, Languages & Bonuses

You can deposit into your KingOption account via PayPal, Western Union, Credit Card and Wire Transfer.

As for language, KingOption offers a wide range of language for traders to choose from: English, Japanese, German, Italian, Spanish, Portuguese, French, South Korean, Russian, Arabic and Turkish.

KingOption offers a 30% bonus for traders on their first deposit, and they also offer attractive promotions at very regular basics.

KingOption Additional Features

When it comes to additional features, KingOptionis one of the best. They always provide their binary options traders with a head start. In case you feel like employing addition options to the binary option currently being traded, you should try the Take Profit, Stop Loss and Rollover (Extend).

KingOption is also proud of the Assets Index, Binary Options Tutorial and Binary eCourse. These resources are freely available for all KingOption traders and are perfect when you just begin your binary options trading. Generally, there is a huge amount of additional features at KingOption.

KingOption Review - KingOption Scam?
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Author: David Wilson