Market Punter Review
Min deposit: $ 200,00|Open Demo Account
Nowadays, the binary options market has become more and more popular, however, the main issue is that many brokers are located on off-tax heaven’s countries in order to lack certain regulation or distance themselves from legal jurisdiction. On the bright note, Market Punter is an exception to that rule. Market Punter is registered as an Australian Company (CAN 137 016 490) and traders trade with MarketPunter.com.au are under protection of Australian law. Market Punter is the only 100% Australian Licensed and regulated Binary Options brokers in today’s market. However, a slight drawback is that US clients are not accepted on Market Punter.
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Market Punter Pty Ltd acts as a Corporate Authorized Representative (CAR No. 337740) of CDM Pacific Pty Ltd, you could refer to this LINK to verify Market Punter’s regulation. Holder of Australian Financial Services License (AFSL 223682) is CDM Pacific and it’s being issued by the Australian Securities and Investments Commission (ASIC). This appointment authorizes Market Punter to provide general financial product advice on and deal in derivatives to retail and wholesale clients. CDM Pacific is the issuer of the binary options.
Market Punter provides 56 assets belonging to four popular assets including commodities, stocks, global indices and currency pairs. They also offer payouts between 60% and 85% returns and a refund of up to 10% the invested amount on out-of- the-money. To specify, the trader is actually refunded their whole investment if the market price is equivalent to customer’s purchase at expiry, the trade is considered a draw. All in all, using Market Punter platform, the traders is certainly provided a secure and enjoyable trading experience.
Maximum Profit (classic): 85%
Option Types: Call / Put, Strike, Expiration, In the Money / Out Of the Money
Types of Expiry: 15 Min, 30 Min, 1 hr, 24 hr
Trade Assets: Commodities, Currencies, Indices, Stocks & Bonds
- Commodities include: – Dow Jones, FTSE 100, DAX 30, CAC 40
- Indices include: Dow Jones, FTSE 100, DAX 30, CAC 40
- Currencies include: EUR/AUD, USD/AUD and GBP/AUD
- Stocks include: Apple, Microsoft, Coca Cola, IBM
Banking Methods: Wire Transfer, Moneybookers(skrill), Credit Card (Visa, MasterCard, Diners Club),
- Phone: +61 2 8915 6267
- Live Chat
Company: Market Punter Pty Ltd (ABN 86 137 016 490)
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Market Punter Review: Usability
Market Punter just uses the access of internet to make trade transactions. Currencies are used including USD, Euro, GPD, and AUD. A deposit for the first transaction must be $200 and There is no minimum for subsequent deposits; however the amount of maximum deposit is up to $5000 for the other transaction. Trader certainly does not cost for any brokerage or commission.
Market Punter Bonus
With some conditions, the customer can be offered cash bonus. In order to getting this bonus, the trader has to make deposits at least 15 times and the money is considered as the bonus prize.
Market Punter Loyalty Offers
Unfortunately, the company has not provided any loyalty offers… yet.
Market Punter Option Returns
Using Market Punter’s platform, the users are assured of 60% to 85% returns on their in-the-money option while on their out-of-the-money, the company offers 10% of the invested money to be refunded to the traders.
For Call Above option, the trader can get 75% returns if the market is closed at a price above the customer’s purchase at expiry and a refund of 10% the total invested amount if it is closed below during that particular trade.
On the contrary, for Put Below option, the investor is assured of 75% return if the market is closed below the customer’s purchased price at expiry and 10% refund if the market is closed above at expiry.
Market Punter Expiry Options
The customer has about 5 to 20 minutes to trade before expiry time.
Market Punter Option Types
By estimating whether the prices will increase or reduce at a point of time, the trader can decide to click on Put or Call option.
Market Punter Review Video:
Market Punter Review: Trade Assets
Commodities are traded on the site including Gold, Silver, Natural Gas, Platinum, Crude oil and Copper. The company also allows the traders to invest on stocks consisting of ASX, XPAR, LSE, NYSE and go on. Moreover, the investors can trade on popular indices like Dow Jones, MISEX, S&P 500, and FTSE 100. Finally, some currencies for example USD, Euro, GPD and AUD are used for trading and transaction.
Market Punter Software Platform
User doesn’t have to download any software to trade on this site. All trades are executed on the Market Punter’s integrated web-based platform; all required is a fast and reliable Internet connection.
Market Punter Banking (Deposit/Withdrawal options)
The site offers the minimum deposit of $20 and the maximum deposit of $2500 for each trade. Traders have varieties of methods to make deposits including debit cards, credit cards, Moneybooker (Skrill), POLi (available for Australian customers only) and of course, wire transfer. Besides, traders can request withdrawal at the withdrawal link on the deposit page. After receiving this request, Market Punter will transfer the amount to the user’s bank account within 3 to maximum 5 business days.
Market Punter Support
If you want to know exactly how to trade on the site, Market Punter can offer training to them. Besides, during trading and transactions, a group of customer support is always available to assist you for any inquires.