MinuteOptions, an online trading platform, aims to provide services for people who have interest in trading binary options. MinuteOptions enables their traders to make the most of the world of binary options via providing digital options on the forex market, on stocks, commodities and on indices.
MinuteOptions is perfect for beginners because it offers new traders a clear trading interface and you do not have to download any software to trade. Payouts are also set out in advance and is usually between 68% and 75%. Moreover, through allowing traders to retain 5 to 10% of their original investment, MinuteOptions helps its traders to minimize their risks and losses.
MinuteOptions Review: Trading at MinuteOptions
It is quite easy to create an account on MinuteOptions. All you need are your name, your phone number and your email address. In case you need a trading coach, there is a button for immediate phone call. You don’t need an initial deposit in order to open your account, but there is a deposit required.
The user interface is also easy to use. First you choose your asset, then select either it is a call or a put option that you want. Decide the amount of your investment and pick the expiry time, and click ‘Apply’. You are able to make an informed decision or control your option’s progress thanks to a chart of your previous activity as well as the current values.
The assets listed are all accompanied by the information about their current values and their characteristics. Reuters provide traders with real-time price and their color indicators: red means the price is going down and green means there is an upward trend.
One Touch and Options Builder
MinuteOptions has offered its traders some tools that help maximizing their profits. For example, One Touch makes everything easier and traders just have to decide if the forecast on some underlying asset will be met. This type of options are offered all days of a week, enabling investors to trade in the medium term. It can also increase your profits enormously, with the highest record being 500%.
Another useful tool if Options Builder which allow investors to modify their terms, preferred levels of exposure and preferred expiry times. This tool helps you to maximize your strategy and efficiency on the current changing market. This useful tool are also used by StockPair and iOption.
MinuteOptions Review: Deposits and Withdrawals
You can deposit as much as you want into your account, but for investments there is a upper limit: in open options is $1,500 USD and in single open option is $1,000 USD.
Regarding withdrawal, the first time of the month when you withdraw money is totally free. Depending on the level of your account, the limits and costs change accordingly. If you own a bronze account (which is usually for beginners), it often takes up to 7 days to withdraw and the minimum amount is $100 USD and with a minimum of 10 transactions.
After your first withdrawal, those after it cost $30 USD. If your account level is silver, you just have to wait for 4 days and the limit to 7 transactions, with the cost of $15 USD. Owing a gold account reduces the waiting time to just 2 days and the minimum of $10, with a minimum of 5 transactions. After the first withdrawal, each other one costs $10 USD.
MinuteOptions Review: Support & Bonuses
There is a 24/7 support service on MinuteOptions, ranging from technical to investment support. You can access these supports through phone, email or an all-day online chat function. On their website, you can also find an up-to-date news headline service provided by Yahoo! News and detailed analysis as well as market reviews.
You can also join the Refer-A-Friend program provided by MinuteOptions. In this program, you will receive a $50 credit whenever you introduce a friend to the site. Also, your friend needs to deposit at least $200 and you both will get $50 each.