Min Deposit: 100 USD or 100 EUR
Payment methods: Credit/debit card, Wire Transfer, Web Money
Account currency: EUR , USD
Languages: English, Arabic, Spanish, French,
Russian, Japanese, Italian, Czech, German and Polish
Traders from USA: No
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Binary Options Types:• Classic Option - You have to predict if the price will go above or below the current price by option's expiry time • Option Builder - Choose the Profit/Risk ratio and design your own binary option • One Touch Option- Guess if the price will touch the strike price by expiry time • 60 Seconds Option - The expiry time for the selected asset is 60 seconds. Traders can maximize profits by placing a number of successive trades on an asset that is clearly moving in one direction. •Pro Option – Use the advanced charts and benefit from features like Double Up and Roll Over ................................................................
Total Assets: •Stocks – 29 •Currencies – 28 •Commodities – 7 •Indices – 14 •Pairs - 3
................................................................ Features: Max profitability – 500% In the Money – 85% profitability 24/5 online broker support Flexible Expiry time settings Flexible Profit / Risk percentage Double Up / Roll Over
TopOption is a popularCyprusbased binary options broker. The company that owns the famous brand is Safecap Investments Ltd with registered address atTreppidesTower, 6th Floor Kafkasou 9, Aglantzia P.O.Box 26522 CY2112 inNicosia. TopOption offer to their clients a broad range of user friendly trading products like ClassicOption, OneTouch, ProOption, 60 Seconds and Binary Builder, which do not need any prior knowledge of the market. The entirely web-based platform ensures a quick and simple set up with no download necessary. Returns on successful deals are very high, with a maximum payout of 85% for regular customers and even bigger profits for the VIP clients of the broker.
The range of expiry times available on TopOption’s platform is very wide, starting from 1 minute and reaching end of the year expiration times. Thus the needs of both aggressive and long term investors are met. TopOption has also developed a mobile trading platform, compatible with both Android and iPhone devices, that allows you to trade on the go wherever you are.
Currently there is a broad selection of underlying assets that can be traded with TopOption. The total number of commodities, stocks, indices and currencies is about 180 and guarantees that you will never miss a promising trading opportunity. Additionally, all procedures like opening an account, depositing and withdrawals are very easy and can be executed in just a few clicks.
TopOption is licensed by CySEC (the Cyprus Securities Exchange Commission) and the privacy of all clients’ personal data is guaranteed. The license also ensures that every trading account is covered by insurance of up to 20 000 Euro and that your funds will be held in a separate accounts, following strict safety rules.
Clients of this respected broker have access to a comprehensive resource center with lots of training materials. They also receive a multilingual customer support and enjoy advances trading features on the state-of-the-art binary options platform.
If you take a look at the tradable assets provided by TopOption, you will be pleasantly surprised by the rich and diverse list of commodities, currencies, stocks and indices. The broker has managed to select assets that are liquid and very popular in the same time. For example the commodities that are available with TopOption include market favorites like: OIL, GOLD, PLATINUM, SILVER, SUGAR (11), CORN and GOLD/EUR
When it comes to stocks, you can hardly beat the comprehensive list of equities like GAZPROM, BAYER AG, DEUTSCHE BANK, HSBC HOLDINGS, SAP, BNP PARIBAS, VIVENDI SA, RIO TINTO, BRITISH AMERICAN T, BHP BILLITON, UNILEVER, VOLKSWAGEN, DAIMLER AG, PUBLICIS GROUPE, BANCO SANTANDER, TOTAL, LUKOIL, DEUTSCHE TELEKOM, LOUIS VUITTON, SAB MILLER, FRANCE TELECOM, DANONE SA, BP, SBERBANK, SIEMENS AG, VODAFONE, TESCO, BARCLAYS and FIAT
Indices selection is equally impressive as it includes: DAX, DAX FUTURE, IBEX, IBEX FUTURE, SMI-FUTURE, NASDAQ FUTURE, CAC, ASX FUTURE, FTSE FUTURE, FTSE 100, MICEX10, RTS FUTURE, CAC FUTURE and RTS.
Of course there are plenty of forex pairs that can be traded with TopOption, and namely: USD/CHF, EUR/USD, AUD/USD, AUD/CHF, AUD/JPY, USD/CAD, EUR/AUD, EUR/SEK, USD/NOK, BitCOIN/USD, GBP/NZD, EUR/GBP, NZD/USD, NZD/CHF, EUR/RUB, EUR/NZD, EUR/JPY, GBP/JPY, EUR/TRY, USD/TRY, GBP/AUD, USD/JPY, USD/RUB, EUR/CAD, GBP/CAD, GBP/CHF, GBP/USD and USD/ZAR.
TopOption Account Types
Everyone who wants to open a trading account with TopOption can do so in a few easy steps. You just need to locate the Open an Account Link on the broker’s website and follow the instructions. After selecting the account type and filling in the brief form you can fund your account using a preferred banking method. Once you transfer the money in your trading account you are ready to start trading binary options online. As we already mentioned TopOption is regulated by an EU Licensing body and as such the broker abides by certain security protocols. For this reason every new binary options trader who opens an account with TopOption must submit photocopies of a picture ID and copy of an official document that proves your address, for example a utility bill.
The account types that you can choose from are three: Starter, Pro and VIP. The difference comes from the minimum required initial investment, which is 100 dollars for the Starter account type, $1000 for the Pro account type and $5000 for the VIP account type. Each of them is commission free and gives you access to both the web-based and the mobile version of the binary options trading platform. The e-video library is also free for all of them, as well as the Newsroom Research, Alerts & Updates.
The maximum welcome bonus is 250 dollars for owners of a Starter account, 500 dollars for owners of a Pro account and 2,500 dollars for those who decide to register a VIP account with the broker. The Starter account gets a regular account manager, the Pro account comes with a professional account manager, and VIP clients can rely on the services of a financial specialist.
VIP clients also get unlimited number of 1-on-1 trainings, while Starters get only the introduction class and Pro receive this service 3 hours per month. Off trading hours assistance is again a privilege only for the VIP clients and the same applies to Trading Central Report & SMS Signals.
TopOption Trading Platform
The platform used by TopOption is developed by Spot Option, who are the leading market producer of binary options trading platforms. This online based platform is SSL and McAfee secured and provides total transparency and powerful protection. The graphical interface is very intuitive and easy to use, while the navigation when browsing the platform functionalities are self explanatory. This trading platform is very efficient and is recommended for both beginners and advanced binary options traders.
There is a great variety of binary options types that can be traded on the TopOption’s platform and more specifically you can choose from products like Classic binary options, 60 Seconds binary options, One touch binary options, Binary builder and Pro binary options. Each of these products has its own advantages as well as different payouts.
Classic option is also known as High / Low binary option or Call / Put binary option. The goal here is to predict the movement of the asset price and guess where it will be when the binary option expires. You just need to select an underlying asset that you are familiar with and choose the direction that you think it will go in the selected time frame. If you believe that the price at expiry will be higher than the current price than you must choose Call. If you think that the price will be below the current rate at expiry, then you have to choose Put. Now enter the amount that you want to invest in this deal and press the Buy button. If your prediction is right (the option expires “in the money”) you will get the payout that is known in advance. If you fail to predict the outcome of the trade (the option expires “out of the money”) you will lose your investment.
60 Seconds binary option is the trade that allows you to speculate on the market using a 1-minute time frame. This type of trading is preferred by players who want to take the maximum out of a trend by making many deals one after another and generating huge profits. Of course this may not be suitable for everyone as it requires steel discipline, high concentration and very fast reactions.
One touch binary options are for those of you who seek massive profits from just a single trade. It is a risky type of investment but the payout can be as high as 500%. All you have to do here is to predict whether the price will hit a predefined strike price at least once by the option’s expiry time. There may be more than one opportunities for trading a Touch option for a given asset. For example you can have 2 Touch options for Gold, the first with a strike price closer to the current price and a lower payout, and the other option having a strike price that is more unlikely to be hit but offering a higher reward.
Binary builder is a special product that allows you to modify the binary option by choosing an asset, a risk/reward ratio and an exact expiry time. This type of binary option is used by advanced traders because it gives them the chance to implement various complex trading strategies.
Pro Option is an advanced trading platform provided by TopOption. It is full of many useful and user-friendly tools that take your binary option trading to the next level. Here you have the chance to review the recent history of all underlying assets for the last one week in order to make a deeper analysis of the market. One of the features that are available in the Pro Option tab of the platform is called Roll Over. It is used to postpone the expiry of the binary option in cases when it goes against your prediction. For a 30% increase of the invested amount you get the chance to delay the expiry and hope that it will expire in the money. A feature called Double Up is also available here and it enables you to double the investment on a trade that is already open. Finally, Pro Option allows you to make money by comparing assets in pairs and bidding on their market performance.
Those of you who want to build a strong foundation before starting to trade binary options can benefit from visiting TopOption’s Academy. There you can learn not only the basics of binary options trading but also money management techniques and strategies that will maximize your profits and will minimize potential losses. After reading the definitions of binary options and learning about the advantages of trading on this growing market you can go through the FAQs that will give answers to most of your questions regarding opening an account, trading, depositing and withdrawals etc. Next you can go to the section called Common Terms, which will help you to understand better terms like expiry, in the money, assets and others. The video library presents you with even more information on trading binary options. You can also download the e-book or enlist for a live webinar.
This broker has many binary options bonuses to offer to their clients. The most popular one is the welcome bonus which may get as high as 100%. It depends on the initial deposit that you want to make and in order to withdraw money after accepting it, you will have to reach a predefined trading volume. Additionally, there is a friend referral bonus which you can get by inviting some of your friends who are interested in trading binary options with TopOption
TopOption Customer Service
TopOption provides a top quality 24/5 customer service. You can contact the professional customer support representatives via live chat, email or phone. Currently there are nine toll free numbers for the following countries:UK,Spain, The Netherlands,Austria,Cyprus,Belgium,ItalyandFrance. The website is translated into the following languages: Arabic, Spanish, French, Russian, Japanese, Italian, Czech, German and Polish. All the telephones, including the one of theCyprusheadquarters are listed below:
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