OptionWeb Review
-OUT OF BUSINESS-
■ Found: OptionWeb was found in 2010 and went online in 2012
■ OptionWeb Offices: OptionWeb main offices are in Cyprus,
■ Regulation: Regulated by CySEC (No 175/12)
■ US Residents: OptionWeb forbids US traders -NO-
■ Languages: OptionWeb website supports English, French, Spanish, Italian and German
■ Demo: Available only if you have already deposited funds -YES-
■ Bonus: 50% Deposit Bonus
■ Minimum Deposit: 200 USD / 200 EURO
OPTIONWEB BASIC PAYOUT & REFUND
■ OptionWeb Payout Rate is 72-88% (classic options)
■ OptionWeb Refund Rate is up to 10%
OPTIONWEB ASSET INDEX
OptionWeb offers a wide asset index including:
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FOREX ASSETS |
WORLD STOCKS |
WORLD INDICES |
COMMODITIES |
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AUD/JPY AUD/USD EUR/AUD EUR/GBP EUR/JPY EUR/NZD EUR/USD GBP/AUD GBP/JPY GBP/NZD GBP/USD NZD/JPY NZD/USD USD/JPY
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BARCLAYS BMW BRITISH AMERICAN T DEUTSCHE TELEKOM FIAT GAZPROM HSBC HOLDINGS LUKOIL RS RIO TINTO SBERBANK TELEFONICA TESCO TEVA.TA VODAFONE VOLVO |
DAX DAX FUTURE FTSE 100 FTSE FUTURE FTSE MIB FUTURE IBEX IBEX FUTURE MICEX10 NASDAQ FUTURE SMI FUTURE TEL AVIV 25 |
GOLD, GOLD/EUR, SILVER, PLATINUM, OIL, WHEAT, SUGAR, COFFEE |
OPTIONWEB REGULATION
OptionWeb is registered and regulated with EU CySEC (175/12). That means in other words that the broker must send regular reports regarding its financial health.
OPTIONWEB TRADING INSTRUMENTS
OptionWeb is offering the following instruments along with a Binary Option Builder: ■ Classic Options (Up & Down) ■ Short-Term (90 sec, 2-minutes and 5-minutes Binary Options) ■ Touch / No Touch Options ■ Binary Option Pairs The minimum trade is 5 USD
OPTIONWEB TRADING PLATFORM & MOBILE
OPTIONWEB TRADING PLATFORM ■ The OptionWeb trading platform is based on SpotOption ■ OptionWeb recommends using Chrome or Firefox as your Browser ■ Graphical tool included for technical analysis ■ Mobile Apps for Android and iPhone mobile devices
OPTIONWEB ACCOUNT INFORMATION
OPTIONWEB ACCOUNTS ■ The minimum deposit in OptionWeb is 200 USD ■ Accounts may be held in EUR and USD Deposit Funds via: ■ Credit / Debit Cards ■ Bank Wire ■ Skrill ■ Neteller
OptionWeb WITHDRAWAL METHODS Withdrawal methods include: ■ Credit / Debit Cards ■ Bank Wire ■ Skrill ■ Neteller Commissions: No commissions on deposits but some withdrawal commissions may be charged by OptionWeb -Yes-
BONUS AND DEMO ACCOUNTS
■ Demo Account (Practice) is available if a deposit has already been made. ■ Welcome bonus 50% per new deposit
OPTIONWEB CUSTOMER SERVICE
OPTIONWEB CUSTOMER SERVICE Customer support is 24/5 and includes ■ Live Chat ■ email Support ■ Phone Support ■ Skype
OPTIONWEB REVIEW PROS & CONS
(in Relation to Competition)
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OPTIONWEB REVIEW PROS |
OPTIONWEB REVIEW CONS |
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√ Regulated by CySEC √ Offering a good variety of trading assets, expiries, and trading instruments √ Training, coaching, eBook √ 50% Bonus for new customers √ Live Chat, Phone, Callback and email support √ Interest on Funds (certain account types) |
X Some withdrawal commissions may be charged x Early-Closure Feature not available
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OptionWeb Review Conclusions
OptionWeb is an EU-regulated Binary Options Broker found in 2012. OptionWeb offers a wide asset index including many Forex assets, Indices and Stocks assets plus Gold, Silver, Oil, and a few more commodity assets. The maximum payout rate is 88% for certain account types. There is also a refund policy of a maximum of 10%. OptionWeb offers almost all major binary trading features including Double Options, Rollover and Pair Options but not the Take Profit feature. As concerns, the binary trading instruments OptionWeb offers Up & Down Options, 90-sec Long-term options, Touch Options, and the Option Builder. The Option Builder is allowing traders to build their own customized trades which means that their trades can adapt to personalized trading strategies and styles.
An OptionWeb real account may be opened with $200 and once you make a deposit you can trade also in a Demo account to test your skills. Fund methods include bank wire, cards, Skrill, Neteller, and some others. Deposits do not carry any fees and show up quickly in trading accounts except Bank wire which can take up to 5 days in order for the funds to show up. Withdrawals are easy and usually take 3-5 days for processing. Some account types (Platinum) even offer withdrawals in 24-hours. Depending on the amount of withdrawal you may be charged a fee. Their customer service is 24/5 and includes email, phone, callback, Skype and live chat. OptionWeb welcome bonus policy is usually 50% but this bonus is offered upon request. Check all account types with caution before opening a new account as some account types offer very interesting features such as personalized training, free trading signals, advanced market analysis, portfolio management and even interest on funds. In overall OptionWeb offers all the basic features for trading binary options plus it is a regulated broker (CySEC) which is always important regarding your fund's safety.
■ OPTIONWEB REVIEW
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