Swift Option Review
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|Minimum Trade Amount||$5|
|Free Demo Account|
|Deposit Methods||Visa, Master card, Diners club, Skrill|
|Types of Assets||Currencies, Stocks, Indices, Commodities|
|US Traders Allowed|
Swift Option, operated by Green Galaxy International and domiciled on the gorgeous island of the Seychelles, is one of the most creative and trusted binary trading brokerage companies. Licensed and supervised by CySEC, it is comprised of a team of risk management, investment, and technological veterans. Swiftoption’s dynamic trading platform is brilliantly designed to ensure security, ease of use, and exceptional trading. The website of the broker comes in English, Russian, and German, and there are around 150 assets available for trading.
Four different trading accounts are found at Stock Pair. The minimum deposit to launch a Silver account is $1,000. Starting a Gold account necessitates $5,000. In order to initiate trades using a Platinum account, a user must first fund with at least $20,000. VIP account holders may engage into trading only after they deposit a minimum amount of $50,000. Stock Pair’s payouts are one of the highest in the industry – up to 85%. At players’ disposal is also accessible a $500 demonstration account which is magnificent for newcomers to the binary options field.
Deposit and Withdrawal Options
Resembling many other binary enterprises, Swiftoption is also highly devoted to offering a safe, convenient, and secure trading atmosphere by utilizing the Comodo SSL and maintaining clients’ funds in a separate account. Depositing at Swiftopion can be done via credit cards and bank wire transfers. The company intends to add more options in the near future.
The maximum amount for depositing at Swiftoption is capped at $5,000 while the minimum size is $100. As for the moment, only U.S. dollars are the available currency and no taxes whatsoever are associated with payouts.
In addition, one might cancel a withdrawal request on the condition that the trader has not yet received approval for withdrawing via e-mail.
What makes Swiftoption really stand out among the competition are the unique features it offers. In the first place, there are the “Kiko Options” where instead of choosing an expiry date or direction, the trader has to select a price. If the given asset hits low or high, the investor either loses or wins. The payout for Kiko Options is up to 80%. In addition, the head-to-head binary options at the broker give the trader a chance to put an asset against another and trade them.
Swiftoption’s devotion to its traders’ continuing success is shown by an extensive trading academy. It offers a very useful trading calendar with upcoming financial events. Another feature, not found in many other brokers, is the Trading Indicators which are alerts based on technical analysis aimed at predicting the outcome of trades. A glossary with basic definitions and concepts and a thorough FAQ section are also available at traders’ disposal.
The customer support at Swiftoption is dedicated to securing a professional service provided with the utmost care and the highest level of attentiveness. Thus, do not hesitate to further your issues to the team who would be more than happy to deal with it in a timely fashion. It is reachable through a live chat window, as well as seven fixed phone lines. In addition, there is a web form and an e-mail assistance.
All accounts at Swiftoption are entitled to trade control and monthly cashbacks. The amount of the cashback per month for the Silver, Gold, Platinum, and VIP accounts is 0,5%, 1%, 2%, and 3% and the limit on the cashback volumes is $75,000, $75,000, $150,000, and $500,000 respectively. Save for the Silver account, all other accounts benefit from a trade expert and trading indicators which come in handy for the market’s volatility that happens quite often nowadays.Open an Account