OptiMarkets Binary Option Broker

Company: OptiMarkets
Maximum Trade:
Minimum Trade: $5
Minimum Deposit: $200
Withdrawal Fees: 3 Withdrawal per month is free
Minimum Withdrawal:
Payout: 65% to 89%
Account Currencies:
Tradeable Asset: Commodities, forex, indices and stocks
Trading Platform: Tradologic
Trading Instruments: 60 Seconds, Digital Options, Range Options, Touch Options and One Touch Trading
Established: 2012
Licenses: No License
Location: British Virgin Island
Regulation Status: Not Regulated
Payment Methods: Not Regulated
Trading Plarform: 2.8/5
Website: 3.7/5
Banking: 3.2/5
Customer Service: 2.8/5
Customer Experience: 3.7/5
Overall Score: 3/5
Assets:  3/5
Reliability: 2.9/5
Charting: 2.5/5
Withdrawal: 3/5

optimarkets-logoThe latest newcomer in the market for binary option trading is OptiMarkets which was established on 12th December in the year 2012. The trading platform of the company is web based and is owned by the company Lerwick Capital which is located in BVI or British Virgin Island. The company trading platform is designed keeping in mind both the new as well as experienced traders. OptiMarkets is among a few binary option brokers that give its traders to profit from the investment made through the rapidly increasing binary option market. They are working with the goal of making OptiMarkets as the first choice of people looking for a trading platform for binary option.

The trading platform offered by OptiMarkets is hundred percent web-based and hence is very easy to operate and the customers do not need to download any software for the same. Anyone who has a computer with internet access can easily access this platform. All the main trading functionalities can be easily accessed using this trading platform. The assets that are available for trading can be viewed in three different formats which include classic view, multi-view and chart view. All the types of views has its own pros and cons. The type of view that a trader wants is solely dependent on their personal choice.

OptiMarkets offers to its customers 5 different types of options to trade and they include:

  • 60 Seconds Options
  • Digital Options
  • Range Options
  • Touch Options and
  • One Touch Trading

Their trading platform offers a number of features and one of them is “Close Now” feature which allows the trader to liquidate or close their position even before the expiry time if they feel that it may not end up in the money on expiry. This is a feature which is of great use if a person has to lock in the profits. The other feature which is of importance is the “Roll Over” feature which allows the trader to roll over their trade to next expiry period. This helps the trader to turn away a less advantageous situation. They also provide to their customers live market feed provided by Thompson Reuters and is a vey important and neat tool. This tool helps traders in keeping themselves abreast with the latest developments and price changes in the financial market.

Opening a trading account with OptiMarkets is very simple and does not require any deposit. The deposit is only required when the trader plans to start trading. The trading account supports four types of account currencies and includes Australian Dollar, USD, Great Britain Pound and Euro. The return on any successful trade ranges from 75% to 89%. There are a few trading opportunities that gives return as high as 181%. Though OptiMarkets is a new player in the binary option market, it has been able to carve a niche for itself and looking at its popularity one can assume that their services are worth a try.

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