Yes Option Review

MIN. DEPOSIT $250
Up to 310% PAYOUTS
Up to 100% BONUS
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Yes Option
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Overview

Broker information Founded in 2012, YesOption is a binary option brokerage. An interesting fact about the company is that it is the first to provide both Binary and Forex options… more

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Details

BrokerYes Option
Website URLhttps://www.yesoption.com/
Founded2012
HeadquartersAjeltake Island, MH96960 Majuro, Marshall Islands
Support Number+44 203 150 0452
Support TypesPhone, Live Chat, E-mail
LanguagesEnglish, Arabic
Minimum 1st Deposit$250
Minimum Trade Amount$25
Maximum Trade Amount$2,500
BonusUp to 100%
PayoutUp to 310%
Free Demo Account No
Account TypesStandard, Private, Premium, Platinum
Deposit MethodsWire Transfer, VISA, giroPay, EPS, Sofort, Maestro, iDeal, MasterCard, Skrill, Nordea, Rapid
Withdrawal MethodsWire Transfer, VISA, giroPay, EPS, Sofort, Maestro, iDeal, MasterCard, Skrill, Nordea, Rapid
Expiry TimesFrom 30 seconds to several hours.
Types of AssetsCurrencies, Commodities, Stocks, Indices
Account CurrencyEUR, USD, GBP
US Traders Allowed No
Islamic Account: No
Mobile Trading Yes
Tablet Trading Yes

Full Review

Broker information

Founded in 2012, YesOption is a binary option brokerage. An interesting fact about the company is that it is the first to provide both Binary and Forex options from one single platform. Investors can trade in commodities, the major currency pairs, indices, and stocks.

Incepted by a devoted team of senior financial professionals, YesOption is a lucrative yet simple trading platform whose sophisticated pricing algorithms permit it to provide one of the largest returns in the industry of binary investments.

The website is available in English and German only, but it is very well designed and there are many welcome and introductory videos.

Accounts

Registering for an account at YesOption is very simple and it offers a choice of 4 different accounts – Standard, Private, Premium, and Platinum. All of them are commission free and get free trading signals for two weeks provided by a high quality signal provider. To start trading via a Standard account, $250 is needed. The minimum deposit for opening a Private account is $1,000. The Premium account at YesOption necessitates at least $10,000, while for the Platinum that amount is at least $25,000. No demo account is available which is a pity for beginner traders who would like to polish up their skills.

Deposit and Withdrawal Options

Security, privacy, and safety being YesOption’s top priorities, it has forged a platform that relies only on the most trustful and dependable technologies, guaranteeing the privacy and welfare of its dedicated traders.

Depositing on and withdrawing from YesOption can be done via Wire Transfer, VISA, giroPay, EPS, Sofort, Maestro, iDeal, MasterCard, Skrill, Nordea, and Rapid. The maximum amount for deposits in a single transaction is capped at $8,000. Japanese yen, U.S. dollars, Euros, and British pounds are the supported currencies.

Features

As mentioned above, and not found in many other binary brokers, there are short-term options available as well as the Early Closure option enabling a trader to quit an open position in advance of its time of expiry. Another amazing feature of the website is that almost every section comes with a video explanation which is very convenient and quite helpful. The trading page is very forthright which is very useful for beginner traders to easily orientate themselves around the website and find the information needed.

Education

Interactive videos for both novice and experienced traders are found in the Education Academy of YesOption. In addition, there are handy calculators among which – a Forex and Binary Pivot calculator, a Forex Deal Size calculator, and a Fibonacci calculator. There are financial and market news available daily at traders’ disposal as well as an economic calendar which informs users in real time about relevant data and reports. A complimentary eBook is available for download, too.

Customer Support

The highly experienced in strategic planning creation and high-level risk management team of YesOption can be accessed 24/7 through an e-mail, a live chat or via telephone lines in the United Kingdom. In addition, there are a number of fixed local phone lines around the world to better cater to the time zones of different traders.

Bonuses/Promotions

Every account is entitled online market reviews and the latest news and an access to YesOption’s extensive education center. The welcome bonuses for the Standard, Private, Premium, and Platinum accounts are 20%, 35%, 50%, and up to 75% respectively. The Premium and Platinum accounts are also eligible for 2% and 4% extra payouts for all assets, as well as free trading signals that are sent to the traders’ mobile phones directly from Wall Street. The elite Platinum account gets a private educational program, free access to a personal mentor, as well as a royalty bonus which secures a 5% interest rate on the account balance at the end of each month (on the condition that the trading volume conditions have been met).

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