OptionXO Binary Option broker
| Table | OptionXO |
|---|---|
| Maximum Trade | $10,000/ Option |
| Minimum Trade | $10 |
| Minimum Deposit | $200 |
| Withdrawal Fees | $25 |
| Minimum Withdrawal | $100 |
| Bonus | Up to $50 |
| Payout | Up to 89% |
| Account Currencies | Euro, USD, Japanese Yen, GBP |
| Currency Pairs | |
| Tradeable Asset | Forex, Stocks, Indices and Commodities |
| Trading Platform | |
| Trading Instruments | 60 Second, Above/Below, Boundary, Boundary High Yield, Classic High/Low, One Touch, One Touch High Yield. |
| Established | 2012 |
| Licenses | CySec |
| Location | Cyprus |
| Regulation Status | Regulated |
| Payment Methods | |
| RATINGS: | |
| Trading Platform | 4/5 |
| Website | 4.2/5 |
| Banking | 4/5 |
| Customer Service | 4.5/5 |
| Bonuses | 4/5 |
| Customer Experience | 4/5 |
| Overall Score | 4/5 |
| Assets | 4.2/5 |
| Reliability | |
| Charting | |
| Withdrawal | 4.1/5 |
OptionXO is a Cyprus based binary option broker which was established in the year 2012 and in very short time period has carved a niche for itself in the financial market. The trading platform offered by OptionXO is owned as well as operated by YTF Trade Limited and is regulated by CySec or Cyprus Securities and Exchange Commission. The company does not use the most commonly SpotOption but one that has been designed by the company named Tech Financials. Tech Financials is the company which has provided the trading platform to a number of leading binary option brokers.
OptionXO is a binary option company offers about 89% return on the investment made by the traders in the position expires in the money. They also have one touch options which allows the traders to have interest as high as 360% on their investment. However, they do not have the facility of reimbursing a portion of the investment if the position expires out of money. The have an array of assets to trade in and they all are diversified into stocks, indices, forex and commodities such as those of oil, silver and gold. They also offer different trading instrument like high/low, boundary options and touch options.
It is very easy to open an account with OptionXO. Traders can simply fill up an online form and enter the basic information asked. The traders need to make some deposit in their account to start trading and it can be done in Euros, USD, Japanese Yen or UK Pound. The currency that the trader chooses at the beginning of opening the account remains forever and cannot be changed. The minimum deposit required to start trading is $25 and the minimum investment on placing a position on any option is just $10. The maximum amount that can be placed on any position is $10,000 and it is the maximum amount allowed for a single option. The minimum amount required for withdrawal is $100 and the withdrawal fee is $25.
There are several trading accounts offered by the company to the clients and can cater to the requirements of the traders of all level. The beginners can make use of mini account which provides a commission free access to the trading platform and also the array of binary options and customer care support. The silver account is given for a minimum deposit of $2000 and is of intermediate level of account. With this account the traders get an additional 2% return on their investment. The gold account is given for a minimum deposit of $5000 and is aimed at experienced traders. With this account the traders get an additional 3% return on their investment. For advanced traders there is platinum account given for a mum deposit and additional return of 4% on the investment made. They have an excellent customer care support and the staffs are well trained to handle all the queries and issues related to trading.