REDWOOD OPTIONS REVIEW

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    Min Deposit: 200 USD

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    Bonus: up to 100%

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    Payment methods: Credit Card,

    Skrill/MoneyBookers, Bank wire, eWallet, CashU

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    Account currency:

    USD, EUR, GBP, CAD and AUD

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    Languages: English Only

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    Traders from USA: NO

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Binary Options Types:



One Touch - if the price of the selected assets reaches or exceeds a certain “barrier” that would have been defined in advanced.

High/Low- You must simply determine whether the digital option will end at a higher or lower rate than the active trade rate when you entered the trade.

60 Seconds - if the value of an asset is clearly moving in one direction, you can take full advantage by conducting a number of successive trades to maximize your profits.

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Total Assets: 179
•Stocks – 81
•Currencies – 27
•Stock Pairs – 24
•Commodities – 7
•Indices – 40

................................................................ Features:
In The Money – 81% profitability
Trade size – 24 - 5,000 USD
Flexible Expiry time settings
Trade from your mobile phone or tablet

Redwood Options Review

Redwood Options is one of the popular new brokers, founded in 2013, which has been catching up with the big guys lately.

The platform Redwood Options uses is Spotoption, to which almost every trader is familiar with. It is entirely web-based and there is no need to download any additional software to trade. The platform has also been adapted for a smartphone and tablet so that people can trade on the go. The downside of the web-site, however, is that it is only offered in English.

Another good trait of Redwood Options is their customer support. Just by opening the “Contact us” page one can see that they can be contacted 24/7 by all means—contact form, phone, live chat, and e-mail.

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Redwood Options ASSETS

Not just for a new broker, but Redwood Options have an impressive assets list. Traders can choose from 81 stocks, 27 currency pairs, 7 commodities and 40 indices.

The broker even has stock pairs trading where investors can guess which price of opposing shares will rise and which will fall. Clients of Redwood Options can take their pick out of 24 stock pairs.

Redwood Options also offers Bitcoin binary options trading, which is the new hype in the financial investment industry.

Redwood Options BANKING AND DEPOSITS

If you choose to open an account with Redwood Options you may do so via various methods. Just keep in mind that there are usually charges that apply to wire transfer deposits and withdrawals.

The means through which you can make a deposit are Credit Card, Maestro, eWallet, Wire transfer and CashU. You can deposit and trade in USD, EUR, GBP, CAD and AUD. You can set your preferred currency upon opening your account. If you want to keep a closer track of what is going on with your deposits, a history log is constantly kept. It can be found under “my account”.

The minimum deposit amount is $200 and the maximum deposit depends on the funding method you are using. For a credit card you can go as high as $5000 for a single trade. If you are using a wire transfer or Skrill/Moneybookers there are no limitations as to how much money you wish to put in your account.

Redwood Options WITHDRAWAL

Before you can withdrawal you profits you will need to verify your identity, you can do that during the signing up process too.

You will be asked by your account manager to provide them with a copy of a credit card (with blurred out digits), copy of an ID, Passport or driver’s license and a proof of address (utility bill, bank statement, etc.) All of this is a part of their anti-money laundering policy.

The minimum amount you can withdraw is $100. If you decide to cash your profits via credit card it will be free of charge. However, wire transfers are subject to a $30 fee.

Redwood Options BONUSES

Like every binary options broker Redwood Options often have premium offers for bonuses, so one needs to be on his/her toes about those.

Apart from that, the Welcome Bonuses are directly linked to the type of account you wish to open. For example, if your initial deposit is $250, you will get a $50 bonus. However, if you open a VIP account you get a 100% bonus.

There is also a “Refer a friend” bonus. You are entitled to get it every single time you refer a friend who deposits at least $200. If that happens you and your friend both get $50.
No matter what bonus you get, though, you need to trade its amount at least 30 times before being allowed to withdraw it.


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