OptionsXO Review


OptionsXo ReviewOptionsXO have been trading since 2012 and are regarded as a well established broker with a good range of services available to their traders. They have a real desire to make binary options trading available to anyone and focus a lot of their attention on improving the service they offer. Despite having been established for many years they are continuing to grow thanks to the wide range of options and services they offer.

They are regulated and registered in both the Seychelles and the UK; this ensures they comply with the highest level of regulations possible. In fact, traders can utilize their services safe in the knowledge that their funds are protected and they will receive fair treatment. They offer a good rate of return on investments; as high as eighty nine percent, which is one of the highest in the industry. The minimum deposit required is just $200, which is at the lower end of the standard scale and they offer a welcome incentive which will match your initial deposit. You can choose to invest as much as $10,000 on one trade, or you may feel safer utilizing the minimum amount of $10.

OptionsXO Advantages

  • They have an excellent website which is well laid out, easy to use and has a good range of tools.

  • There is also a wide range of educational material to help you get the most out of your trading experience.

  • Their customer service offers a friendly, professional and very prompt service.

  • The minimum deposit is small enough to be manageable by most people, enabling anyone to try binary options trading.

OptionsXO Disadvantages

  • Unfortunately they are not able to accept customers from the US at present.

OptionsXO Incentives

The fact that their website is exceptionally easy to navigate around helps to establish OptionsXO as one of the premier brokers. However, they also offer an incentive scheme with a difference.

Most brokers offer to match your initial deposit and will provide the matched funds within a few hours of your first deposit. However, this bonus will come with a range of conditions attached. However, OptionsXO operates differently. You will not receive the welcome incentive until you have invested between twenty and thirty times the total of your bonus and initial deposit. This prevents anyone from trying to withdraw bonus funds until they have effectively earned them.

The firm does also offer an additional amount of funds for getting a friend to create an account. The exact amount will vary depending upon the account your friend signs up for.

OptionsXO Accounts

As with all brokers there are a range of accounts available with different features available depending upon the amount of your initial deposit. The basic, or mini, account requires a $200 deposit and will allow you to get started trading in binary options. At the other end of the scale, if you are prepared to deposit over $5,000 you will gain access to the gold account. However, the best account is, without doubt, the platinum one. The deposit level on this account is much higher to ensure that only serious traders have access to this account. The rates of return are at least four percent better than the opening offering and it allows access to a wide range of educational materials, trading support and even some additional bonuses which can provide you with some valuable additional funds; although they will come with conditions.

OptionsXO Trading

OptionsXO have worked hard to create a wide range of trading opportunities. You can choose to invest short or long term depending upon your needs and the state of the market. You can also choose between a wide range of trading options, including price direction prediction, specific price or even defining boundaries. You are also able to trade in almost any type of asset you like, this includes currencies and commodities.

Perhaps one of the best features of their site is the ability to adjust a trade whilst it is happening. You can choose to reduce your risk by ding the length of the trade, doubling up or simply selling it back to the broker. The range of options may take a short while to get used to but they can offer some attractive and interesting opportunities, including a dedicated educational section which aims to help you know when and how to trade to be as successful as possible.

OptionsXO Deposits And Withdrawals

As with most brokers there is a god range of options for funding and withdrawing from your account. The main options are covered along with several digital options. However, withdrawal times can take up to seven days which is very disappointing, especially if you have a premium account where you would usually expect preferential treatment.

Customer Support

You can contact OptionsXO via live chat and receive a friendly, efficient service. The staff are professional and helpful, attempting to offer sound advice without influencing your trading decision. The speed of response is excellent. However, you can also contact this broker via the phone and this can prove to be an excellent option if you need to speak to them in your native language; they have dedicated support lines for over twenty different countries.

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