Trading with Option500
Option500 is a binary options broker based on the Tradesmarter technology. The broker is basically situated in the Domenica Repuplic and London, UK. Option500 offers a wide asset index containing Forex, Commodities, Shares, and Equities.
Option500 offers a single account type which can be funded with $250. The fund methods include cards and bank wire.
-Bank wire and credit/debit cards ( Visa, MasterCard, and Maestro)
-$250 minimum account
-A free practice account is available
The Option500 platform is easy-to-use and provides the classic High/Low Options, Option Pairs, and the innovative StrategiX trading mode.
The platform incorporates a built-in Social trading app, which can be used for sharing and joining positions and strategies.
Option500 traders can change their view on any chart using the “View Selector”. In addition, important information is listed along with any financial asset, including volatility and the market sentiment. Finally, traders can also adjust their basic dashboard to keep their favorite financial assets always on their trading screen.
With Option500 Mobile App, you can follow trends in real time.
Risk-o-Meter and Other Features
These are some key features:
The payout rate of any position can be adjusted using the “Risk O Meter”. This tool helps traders to set their individual risk acceptance.
Diversified option types
Double up feature
Sell back feature
Charts showing volatility and the market sentiment
The education center contains several tools and tutorials in order to help traders to understand the basic trading concepts.
-“How to” Video Tutorials
-Financial News Blog
The broker offers deposit bonus up to 100%, or risk-free trades:
(I) Up to 100% deposit bonus
The deposit bonus is withdrawable, but you need to trade it 25X times. That means for every $1 bonus you need to trade $25.
(ii) Risk-free trades of up to $1,000
The Risk-free trades require a trading volume that equals 30x the value of risk-free trades. That means for every $1 worth of risk-free trades you need to trade $30.
Traders can contact Option500 via the live chat, via telephone, or via email.