Top Options
86%/ 100
Type of Broker: Binary Options
Regulated: CySEC
Payout: 82%
Min Deposit: 250
Min Trade Amount: $1
US Clients:
Max Trade Amount: 5000
Bonus: N/A
Number of Assets: 100
Free Demo Account:
Trading Platform: Web, Mobile
Types of assets: Currencies, Commodities, Indices
Payment METHOD NAME Charge Time
Astropay 8-10% Immediately
Credit Card 8-10% 3-4 days
Debit card 1-5% 4-5 days
Neteller None 1-2 days
Skrill one 3-4 days

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Full Review

Grandoption is an online binary options brokerage offering online trading services in currencies, metals, stocks and indices. The broker is headquartered in  39 Kolonakiou Street, FREMA PLAZA, First Floor, Ayios Athanasios, Limassol, Cyprus. The broker is owned and controlled by Rodeler Limited. The company is fully authorized and regulated by Cyprus Securities and Exchange Commission (CySEC).  Due to regulatory restrictions the company does not accept clients from the following jurisdictions: Afghanistan, Australia, Belgium, Canada, Iran, Iraq, Israel, Japan, North Korea, New Zealand, Turkey and the USA. Considering the security of funds, the broker takes great precautions. The servers are SSL encrypted with HTTP protocols. The broker holds funds of clients in segregated bank accounts with investment-grade banks. The broker offers a wide range of trading methods that include but not limited to high/low options, one-touch options, and long-term options. The minimum deposit amount to open an account is $250. The broker accepts and makes payments via different methods such as Credit Card, Visa, Delta, MasterCard, Diners, Visa Electron, Maestro, Maestro UK (Switch) and Solo. Wire transfers are also accepted.

ASSET INDEX

Traders can trade following assets at Grandoption:

Stocks: America Movil, Apple, Check Point, Exxon Mobil, Goldman Sachs, Intel, JPMorgan Chase, Las Vegas Sands, McDonalds, Microsoft, Morgan Stanley, Noble Energy, Teva, Turk cell NYSE, Walt Disney, Akbank Turk, Allianz, Banco Santander, Barclays, BBVA, British Petroleum, Daimler AG, Deutsche Bank, E.ON, EDF, France Telecom, GAZPROM, Generali.

Currencies: AUDUSD, EURGBP, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDUSD, USDCHF, USDJPY. The EURUSD, AUDUSD, and USDJPY are available for trading 24 hours of the day.

Commodities: Oil (light sweet crude), silver, copper, gold, platinum, wheat, sugar, coffee

Indices: ASX200, Bombay 30, CAC40, DAX, DAX Futures, Dow Jones, FTSE IT All -Share, FTSE MIB, FTSE100, Hang Seng, IBEX35, IPC, KLSE Futures, Kospi, Nasdaq, Nasdaq100 Futures, Nikkei 225, PSI20, RTS Futures, S&P, SSE180, Straits Times, TECDAX, TOPIX500, Tel Aviv25., VIX.

TRADING PLATFORM

The broker offers an online trading platform for its traders. Based on the web, the trading platform is not required to be downloaded or installed on client’s PC. It can be accessed online using any computer connected to the internet. The company also offers mobile trading platforms supported for android, iOS and windows based devices.

TYPES OF TRADES

Different types of trade are offered at Grandoption.com. Some of them are listed below

Touch: In this type of trade, traders predict the movement of price. Two potential price level are already given including the current price. Traders just need to predict that if the price is going to touch the upper/lower level of price target provided. If the predicted price level is touched, a trader wins the trade and the profits are added up in his/her account, otherwise any amount staked on trade is lost.

60 Seconds:  This type of trade becomes mature in 60 seconds only. It is one of the most popular trade types but is equally complexed and requires experienced traders to take the risk.

Binary: This is basically what other platforms refer to as short-term options. Expiry timings range from a few minutes to about a couple of hours in this type of trade.

Long Term:  This type of trade is recommended for novice traders. It is for the traders who are rather keen on losing their investment. By focusing on price movement on given assets for several days or weeks traders can end up winning most of the trades. This option type requires detailed research and in-depth analysis on the asset.

PROMOTIONS

Currently, there are no promotions being offered at Grandoption.com. Unfortunately, a demo account is not available as well.

Account Types

Four types of accounts are offered at Grandoption

Standard Account

This is a basic account offered to beginner level traders. As soon as clients signup, they become a standard account member automatically. They are allowed to access the most powerful trading platforms. Traders can trade different types of instruments including High/Low and 60 Seconds options. VOD educational database, 24/7 expert trading support and limitless asset list are the features offered in the account. Traders can access the lucrative world of binary options from the choice of Forex, Commodities, Indices and Stocks trading.

Gold Account

This type of account is offered to relatively experienced traders. The account members experience trading on a higher level accompanied with the exposure to exclusive trading assets on the industry’s leading trading platform. Trading tools such as High/Low and 60 Seconds options are available to use 24 hours a day, 7 days a week with no restrictions. A personal market expert to assist with portfolio management and a one-on-one training session with a leading marketing analyst is an added benefit for the account holders. An extra 2% return on every trade and one-time monthly free withdrawal is also available for the account members.

Platinum Account

The platinum account offers the ultimate trading experience to advanced level traders. In addition to all other basic facilities available in standard and gold account. Traders receive a trading package full of outstanding rewards, worthwhile incentives and continuous trading possibilities on the most advanced trading platform available online. Personalized trading with a dedicated market expert is available 24/7 to assist traders. Personal training sessions with the senior market analysts are also offered in the account. An extra 4% revenue on every trade made and unlimited free withdrawals are the privileged features of the account.

Diamond Account

This is a VIP account reserved for advanced VIP traders. Holders of diamond account have access to all such special services that are not offered for lower account levels. The account members can trade on all of Grand Option’s binary option varieties. There are no restrictions on which assets can be traded on the Grand Option platform. Diamond account holders are offered excellent around the clock multilingual customer service. A dedicated personal coach for consultation, a free personal training session with one of the top market experts is the special feature offered to the account holders. Traders can withdraw amount without paying any fees. An extra 4% return on every single trade made at Grandoption is provided to the traders holding the diamond account.

DEPOSITS/WITHDRAWALS

The broker offers a range of methods for deposits and withdrawals that includes Credit Cards – Visa, Delta, MasterCard, Diners, Visa Electron, Maestro, Maestro UK (Switch) & Solo, Debit cards, Astro pay and Wire transfers. Withdrawals are processed within 1-3 business days. Traders only need to log into their account and access the banking section, there they need to click on the withdrawal tab. As soon as the withdrawal is pressed the funds get transferred to the associated bank account after being processed by the system.

CUSTOMER SUPPORT

Being the face of a company, customer support is always considered as an integral part of an organization dealing with masses. The company ensures the availability of great customer support. Well versed, professional staff is available 24/7 to assist traders. To facilitate traders instantly a live chat feature is offered at the company’s official website. Traders can also contact them via telephone call at + +357 2 526 2770. Email can also be sent at [email protected]

CONCLUSION

We researched and investigated Grandoption thoroughly and found that it is an advanced Binary Options broker with clients from all across the globe. Since the broker is regulated, it is one of the best choices available to traders. It offers a user-friendly trading platform with a lot of educational material available to assist traders. It offers excellent multilingual customer support. Its platform is designed on careful research and Grandoption team’s substantial experience in financial markets. It offers all the features needed by both newbie and skilled traders. We, therefore, suggest traders come join them and realize us suggesting you the best broker ever.