OptionXP Binary Options Broker
OptionXP is a relatively new binary option trading platform and is 100% web-based. It is owned by the same company as OptionBit, Pretoniria Consulting. Many of the sections on both the websites are exactly the same. Just like with OptionBit they claim to open the gates to the exciting world of exotic option trading by creating an exceptional trading environment where anyone can trade binary options in a simple, smart way. The company is based out of Cyprus. There are just 22 assets to choose from. The website is simple and looks very professional. The return rate for in the money is 81% and there is no return if you are out of the money. Their binary options are traded in the following ways: Digital, Touch or Range. The website is only available in English and the trading platform is powered by TRADOLOGIC.
OptionXP was launched on 2011, OptionXP trading platform is 100% web based so there’s no need for any software to be downloaded. OptionXP are pretty average compared to whole binary options market, not a big name but modern and technologically advanced. The return is around 70% – 81%, trading tools and options are basic but efficient and the bonus offers are around 35% for every deposit.
As far as marjet diversity and investment choices goes, OptionXP is not the broker with the most underlying assets, on the contrary. It’s one of the brokers with the least. OptionXP has around 35+ underlying assets to offer it’s clients, ess than half of some Binary Options brokers out there. If you have an asset that you have some experience trading, say, then it might not actually be available to you. Such an important company as IBM is not part of the asset index of OptionXP. So even if you have traded very common stocks like IBM, they might not be offered to you on this platform. One asset not available on other platforms it the Bund Bond, a German bond and heavily traded Futures stock in Europe. The assets are entirely from Europe and North America which is a bit limited. We all want to trade assets we are familiar with and that goes for all people from all regions. At least OptionXP has put currencies on their range of assets. Since these can be traded 24 hours a day, it gives good opportunities to traders from other regions as well, so at least some relief there.
OptionXP Website Reliability
The Tradologic platform is a mature and reliable platform. OptionXP has been around since 2011 so all the problems that might appear in the beginning will have been worked out by now. We haven’t experienced any performance or other problems with this broker. There is of course the normal delay between order entry and confirmation. As usual we recommend you use a clean browser without too many addons for trading due to performance issues.
OptionXP Stock Charting
The platform used by OptionXP is not the best in terms of charting. but they do have the same charts as many other competing brokers, so you will be used to that fact if you are an experienced trader. The global annoyance with all brokers is the inability to make the charts bigger. You can’t even request more historical price data on many platforms, which is fundamental to the understanding of price trends. Price might exhibit a downtrend on the charts shown, but in the bigger picture is actually an uptrend.
There are many additional features at OptionXP that help you get started with binary options trading. The Quick Guide and Binary eCourse are great features of the OptionXP website and useful to all traders. There is also a great asset index that shows you all the assets that are available to buy. There is also the Take Profit, Stop Loss and Extend options which increases the different options you have when trading binary options with OptionXP. Despite the drawback of only 1 language being available, the additional features are a great tool that are accessible to all binary options traders.
Option XP Support
The website has all the means for quick comunication with the reps, so average time for response. OptionXP gets a 7/10 rating
Invest Small and Earn Big with Binary Options
OptionXP is considered by many to be one of the most trusted and reliable Binary Option service providers available today. OptionXP provides a unique trading experience, suited for both beginners and more advanced traders, offering a wide variety of powerful, yet user friendly trading tools. Whether you want to increase your monthly income, work from home, or become a hotshot trader, is entirely up to you. The incredible amount of compatible payment services, one click trading and lighting fast withdrawal options, ensure that you can effortlessly manage your trading account, with the peace of mind that your funds are safe and secure.
Invest Less – Earn More When it comes to return on investment, OptionXP is second to none. Clients receive a fantastic return of up to 81% on their investments, and never lose a portion of their earnings to withdrawal fees. In fact, there are no commissions, spreads, or fees of any kind. Depositing funds into your account is quick and easy via a variety of payment methods, including major credit cards, bank transfer and several prominent e-wallet services.
With you every step of the way
Trade with the help and support of a dedicated team of experts and professionals, including trading experts, account managers and technical support staff, which provide you with the guidance you need to succeed as a Binary Options trader. Support services are available around the clock in all major languages, such as English, German, Spanish, Italian and French.
Three great ways to trade
1.Digital: In relation to the opening price, traders must determine if the price of the asset will increase or decrease before the time of expiration.
2.Touch: Traders must predict whether an asset will touch the top or bottom of a range at any time before expiration.
3.Range: Range, based on tunnel trading, is a type of binary option where traders predict if an asset will expire within a predetermined range.
Find out why OptionXP is a leading online trading provider, offering numerous financial products, including currencies, commodities and stocks. Open an account today and join the largest financial industry in the world, offering more trading opportunities than anywhere else.
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