Top Option Review
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|Headquarters||6 Dragatsaniou Street 7th Floor, 10559 Athens, Greece|
|Support Types||Phone, Live Chat, E-mail|
|Languages||English, Bulgarian, Arabic, Spanish, French, German, Italian, Japanese, Polish, Czech, Russian, Swedish, Chinese, Portuguese, Dutch, Romanian, Lithuanian, Norwegian, Hungarian, Slovak, Greek|
|Minimum Trade Amount||$5|
|Free Demo Account|
|Account Types||Starter, Pro, VIP|
|Deposit Methods||Visa, MasterCard, Delta, Bank Wire, WebMoney|
|Withdrawal Methods||Visa, MasterCard, Delta, Bank Wire, WebMoney|
|Expiry Times||From 60 seconds to the end of the day.|
|Types of Assets||Currencies, Stocks, Indices, Commodities|
|Option Types||High / Low, One Touch, 60 Seconds, Long Term, Option Builder, Meta Charts, Pair Options|
|Account Currency||EUR, USD, GBP|
|US Traders Allowed|
TopOption is an innovator in the field of binary options that is headquartered in Athens, Greece. Supervised and licensed by CySEC, it is managed by Nuntius Brokerage & Investment Services S.A. Its creative platform is web-based and aims at making trading online possible for anyone.
Its website is quite elegant and is available in languages as different as English, Swedish, French, Slovak, Chinese, Arabic, Bulgarian, Lithuanian, Hungarian, Greek, Portuguese, Norwegian, Romanian, Polish, German, Italian, Russian, and Dutch.
In regards to accounts, TopOption provides a choice of three different ones. To open a Starter account, the user is required a $100 minimum deposit which is one of the lowers in the binary industry. In order to set up a Pro account, the trader needs an amount of at least $1,000. If a person would like to start a VIP account, that would require a minimum deposit of $5,000.
Deposit and Withdrawal Options
In terms of options available for making deposits and requesting withdrawals, TopOption is no sense near the top of binary brokers since its options for deposits are only VISA, MasterCard, Delta, Bank Wire, and WebMoney, while those for withdrawing are the same.
A thing which really differentiates TopOption from other binary brokers is the fact that it does not charge any fees for withdrawing whatsoever. Neither does it accompany your transactions with hidden commissions or other fees.
TopOption’s platform offers many innovative features such as Double-Up, Insurance, Buy Me Out, Trading Trends, Stock Pair, and Rollover, as well as the classical ProOption, OneTouch, “Touch/NoTouch”, and SpeedMaster. Thanks to the OneTouch option, payouts can go as high as 500% which easily place TopOption among the topmost binary brokerages.
TopOption traders take benefit from advanced expiry types. If your trading style is quick and aggressive, a bright idea is to select the short expiration times, such as 1 minute, 90 seconds, or 2 minutes. If you prefer long term trading, there are expiry times of up to full four hours.
The TopOption trading platform can be reached through the web. No downloading is required for web or mobile devices (Android or iPhone). More mobile features will become available shortly. There are more than 180 assets available to traders – commodities, currencies, indices, and stocks, including gold and silver.
TopOption has an Academy that provides an abundant amount of resources which are ready for both beginners as well as experienced traders. Thanks to a huge variety of e-books, live webinars and videos, traders can enrich their knowledge about the infinite world of binary options and learn more sophisticated trading tricks. At their disposal are available also an economic calendar with future events and a glossary with common concepts. Should any other issues need tackling, traders can further browse the elaborate FAQ section or send their requests to support.
Customer support is provided 24/5 via e-mail, by multilingual telephone support and through Chat. There are 21 different locations worldwide with local representatives available who are very well equipped to provide traders in need with professional and expert advice for any issue that might arise during using the innovative platform of TopOption.
There was a substantial 50% welcome bonus for those with deposits of $200 at the time of this review. For those depositing a minimum of $500, the company was giving a bonus of $100. All accounts are free from commission and fees, gain access to most of the education features, and can open an investment compensation fund. In addition, they also are entitled to tools for better managing the risk associated with trades.
Trading Central Report and off trading hours assistance are the perks only offered to holders of a VIP account. VIP traders are also eligible for up to 85% payouts and receive access to a library with advanced videos and a special account manager. Both the VIP and PRO accounts receive newsroom updates and alerts, but these are not perks for the Starter account.
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