Top Options
78/ 100
Regulated: Financial Market Relations Regulation Center (FMRRC) in Russia
Payout: 70% to 89%
Min Deposit: $250
Min Trade Amount: $25
US Clients:
Max Trade Amount: $19,000
Bonus: Up to 4% Extra Payouts
Number of Assets: 180
Free Demo Account:
Trading Platform: TechFinancials
Types of assets: Currencies|Stocks|Commodities|Indices
Payment METHOD NAME Charge Time

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Full Review

Introduction

PlanetOption is a binary option trading brand whose transactions are processed 2PL Associated Limited, whose headquarters are located at 1st Floor 2 Woodberry Grove, Finchley, London, N12 0DR, England, UK.

PlanetOption is a licensed binary options broker regulated by the Financial Markets Relations Regulation Center “FMRC” in Russia. The platform is accessible in multiple languages including English, French, German, Turkish and Arabic, among others.

Trade Types

At PlanetOption, binary option traders can invest via four main channels.

  • High/ Low: The classical Call/Put option with payout ranging from 70% to 89%. Traders predict whether at expiry of the option, the price of the underlying security will be higher or lower than the current level.
  • One Touch: This type of option gives traders an opportunity to earn up to 380% in payout. The option is long term in nature and involves predicting whether the price of the underlying security will reach at a certain level highlighted by the broker at any one time during the given period, usually a week.
  • Boundary: This type of options involves predicting whether the price of the underlying security will remain range-bound within two levels identified by the broker within a given period. Again, payout for this type of option is usually high if the binary options trader gets it right.
  • Short Term: This type of option gives traders the opportunity to turn profits by the minute. Traders can trade for 30 seconds or 60 seconds, with the maximum period being 5 minutes for this type of option. The payout is similar to High/Low options, but in this case, traders turn profits quicker.

Asset Index

Binary option traders from all walks of life have the opportunity to trade their desired assets at PlanetOption.

The company offers a variety of assets on the same platform, which include Forex, Stocks, Commodities and Indices.

All of them can be traded via either of the available options (High/Low, One Touch, Boundary and Short Term).

  • Forex: USD/JPY, GBP/USD, GBP/JPY, NZD/USD, EUR/AUD, GBP/AUD, NZD/CHF, AUD/NZD, EUR/USD, EUR/JPY, EUR/GBP, AUD/USD, AUD/JPY, AUD/CHF, BitCoin/USD, USD/CAD, USD/CHF, CAD/JPY, EUR/CAD, GBP/CAD, CHF/JPY, GBP/CHF, CAD/CHF, USD/MXN, AUD/CAD, USD/RUB, USD/ZAR, USD/TRY, EUR/TRY, USD/NOK, EUR/NOK, EUR/ZAR
  • Stocks: ANZ, BHP Billiton, Westpac Banking, Rio Tinto, Samsung, Sony, Sumitomo, ICICI Bank, TATA Motors, Gazprom Sberbank, BP, Barclays, Telefonica, Societe General, Orange France, Vodafone, AXA, BNP Paribas, BBVA, Renault, Tesco, Royal Dutch Shell, Google, Apple, Facebook, Coca Cola, JPMorgan Chase, Microsoft, McDonald’s Amazon, IBM, Nike, Exxon Mobil Citigroup, Amex, Baidu, Netflix, Intel, Dell, Yahoo, eBay, Pfizer, Priceline, LinkedIn, Cisco Systems, Disney, Silver Wheaton, Gold Corp, Goldman Sachs, Twitter Alibaba
  • Commodities: Gold, Silver, Oil, Gold/JPY, Gold/EUR, Gold/Silver, Copper, Platinum, Corn, Coffee, Sugar
  • Indices: Kospi 200, ASX 200 Future, Nikkei 225 Future, Hang Seng Future, NIFTY Future, Bombay 30, Dubai, Qatar Index, MICEX, RTSI, South Africa Future, CAC 40 Future, SMI Future, DAX 30 Future, FTSE 100 Future, IBEX Future, BUX, TADAWUL, S&P 500 Future, Dow Jones 30 Future, NASDAQ 100 Future, Dow Jones

Trading Tools

In today’s financial markets, online brokers have taken a step further towards enhancing client experience on their various platforms. PlanetOption is one of the leading binary options brokers in this campaign and has developed a platform rich in several quality trading tools.

Traders can use the education center to learn various tricks in binary options trading, which PlanetOption has explained and demonstrated how they can be applied in an open position. For instance, traders can learn when and where to use such opportunities such as early closure and expiry calculation.

There is also another section which discusses binary option trading in general highlighting key concepts such as binary options strategy and stock options trading among others.

There are also videos, created to supplement the impressive learning materials already available free at PlanetOption trading platform.

The company is also readying applications for mobile trading featuring both iOS and Android platforms. Soon PlanetOption clients will be able to trade on-the-go.

Deposits and Withdrawals

Deposits

PlanetOptions Clients can fund their account via either; bank wire transfer, credit/debit cards (Visa or MasterCard) and electronic payments e.g MoneyBookers/Skrill.

Clients can open a GBP/EUR/USD or JPY trading account. The minimum deposit is EUR 250, GBP/USD/JPY 250. The minimum investment per trade is $25, while the maximum investment at a time is $19,000. The maximum investment per trade is $15,000. The minimum via wire transfer is EUR/GBP/USD 1,000 and JPY100,000.

The maximum daily deposit at a time is 10,000 for EUR/USD/GBP and 100,000 for JPY. The maximum monthly deposit is USD/GBP/EUR 40,000 and JPY 4,000,000.

Withdrawals

Traders can withdraw money from their trading accounts via either; wire transfer or credit/debit card. The minimum withdrawal amount is $10 for credit/debit card. The client’s first ever withdrawal is processed free at no charge. Credit/debit card withdrawals are always free.

However, for more than one bank wire withdrawal within 30 days, traders will be subjected to a fee of $30 per withdrawal. The minimum withdrawal via bank wire is EUR 200, GBP/USD 100, JPY 100 and CNY 611.

Traders are required to submit various documents to verify their identities and physical address depending on the withdrawal method.

Support

Traders can contact PlanetOption support via telephone, email or live chat.

Telephone: +44 2070483908

Email: [email protected]

Live Support