iOption Review

A Review of iOption

Introduction

The iOption brand is powered by the iOption Group, operating from the British Virgin Islands. This company uses the SpotOption white-label platform.

Sign up to iOption.com and Receive a 50% First Deposit Bonus!

 ioption

 

Payouts and Expiry Times

The use of the loss return function will determine the percentage payout the trader will receive.

a)    For the 60 seconds, Up/Down and the OptionBuilder trade contracts, the payouts range from 65% to 85%, with the lower payout on a successful trade corresponding to the use of a high loss return setting. Expiry times start from 15 minutes and extend up to one day.

b)    The One Touch is a high yield option that promises a 500% payout. This is a weekly expiry option.

 

Bonuses and Promotions

Here are the bonuses awarded to traders on iOption:

a)    Welcome bonus: A trading bonus of 50% is applied to the trader’s account. This is the bonus for basic accounts. VIP account holders get an extra 10% bonus. Apart from this bonus, there is a 100% no-deposit bonus that is given to new traders who use the iOption affiliate link on Intellitraders and BinaryOptionsFree to open their iOption account.

b)    Special Bonuses: There are special bonuses for VIP account holders. In addition to special one on one training sessions, such traders get access to two free monthly withdrawals as well as SMS alerts for 30 days. There is also a special branded VISA debit card which allows VIP account holders to withdraw funds directly from their accounts.

 

Asset Index

The following assets are available for trading on the iOption platform:

a)    Stocks: AIG, Alcoa, Apple, BAT (British American Tobacco), BNP Paribas, British Petroleum, COCA COLA, Caterpillar, Citigroup, DANONE SA, Gazprom, General Motors, Goldman Sachs, Google, Groupon, IBM, JP Morgan Chase, LinkedIn, Louis Vuitton, McDonald’s, Microsoft, Netflix, Publicis Group, Rui Tinto, Saudi Refineries, Serbsbank, Starbucks, TATA, TOPIX, Telefonica, Tesco, Teva Pharma, Toyota US, UBS, Unilever, Vivendi, Wynn Resorts.

b)    Currencies: AUDCHF., AUDJPY, AUDUSD, EURGBP, EURJPY, EURTRY, EURUSD, GBPCAD, GBPCHF, GBPJPY, GBPUSD, NZDJPY, NZDUSD, USDBRL, USDCAD, USDCHF, USDINR, USDJPY, USDRBL, USDSGD, USDTRY, USDZAR.

c)     Commodities: Gold, silver, wheat, coffee, sugar, platinum and oil.

d)    Indices: ASX-200, Bombay SE, Bovespa, DAX30 Futures, DJ30 (Dow Jones), Hang Seng, IBEX-35 (Spain), KL Futures., MIB-40, MICEX10, NASDQ100, NIFTY, Nikkei 225, RTS (Russia), SMI Futures (Zurich), SSE180 (Shanghai), TOPIX, Tadwul (S. Arabia), Tel Aviv 25.

 

Trading Tools

General

The no-deposit bonus worth $100 allows traders to trade live without committing any of their own funds. This is a much better option than a demo account.

Technical

There are periodic webinars from the iOption Academy. There is also a description of channel trading as a binary options trade technique. Finally, the Rapid Fire trading system is described for trading the 60 second option.

Fundamental

In addition to the scrolling price ticker on top of the home page, there is also a specialized “Heat Signature” tool for the Call/Put trade, telling traders whether to go green (Call), wait (yellow) or go red (Put).

The Economic news calendar is also on display on iOption.

 

Deposit and Withdrawal

1)    Credit cards: A trader who has a card issued by MasterCard, American Express, VISA, Diner’s Club, Maestro, Postepay, CartaSi, Bleue, and JCB can use it on iOption.

2)    E-wallets: Moneybookers and CashU allows traders to pay with credit cards and other online payment methods specific to Europe, South America and North Africa.

3)    Bank Wires: are used by traders who do not have access to credit cards and e-wallets.

Sign up to iOption.com and Receive a 50% First Deposit Bonus! 

Minimum Deposit

A minimum of $200 can be deposited with credit cards. This is also the same amount for e-wallet options. Bank wires attract a $250 minimum deposit requirement.

Maximum Deposit

Credit cards can be used to deposit a maximum of $5000. For Moneybooker and CashU, a maximum of $1000 is allowed. There are no limits for bank wires.

Min Investment Amount

The minimum investment amount on iOption is $10.

Max Investment Amount

Deposit Info

Credit cards must be verified before use on iOption. Deposits made with cards and e-wallets are processed instantly without transaction costs.

Withdrawal Info

Withdrawals made by e-wallets and credit cards are not charged. Bank wires attract a cost of $30 per transaction. The minimum withdrawal amount is $25.

Support

Customer support on iOption can be reached via:

–       Live chat

–       Email: [email protected]

–       Phone: +357 220 30077

Adam

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Adam is an experienced financial trader who writes about Forex trading, binary options, technical analysis and more.

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