OptionsXO Broker Review

OptionsXO Broker Review
Markus Silvester
This broker is closed. OptionsXO is an excellent brokerage with clear set goals and vision. While you read our OptionsXO review you will see how this binary options broker aims to provide their clients with the most professional and dependable binary trading platform in order to create a community of successful traders. Mission of OptionsXO... Read more
This broker is closed. OptionsXO is an excellent brokerage with clear set goals and vision. While you read our OptionsXO review you will see how this binary options broker aims to provide their clients with the most professional and dependable binary trading platform in order to create a community of successful traders. Mission of OptionsXO is to be the leading binary options broker. We like the sincere approach since the company sees the lead position as a goal and not a marketing stunt. The services  OptionsXO provides are truly professional grade, so we think they are getting closer to fulfilling their goals. This goes hand in hand with the vision of creating more prosperity for their clients. Read our OptionsXO review below to find out more!
1.5
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  1. OptionsXO Broker review

    This broker is closed.

    OptionsXO is an excellent brokerage with clear set goals and vision. While you read our OptionsXO review you will see how this binary options broker aims to provide their clients with the most professional and dependable binary trading platform in order to create a community of successful traders. Mission of OptionsXO is to be the leading binary options broker.

    We like the sincere approach since the company sees the lead position as a goal and not a marketing stunt. The services  OptionsXO provides are truly professional grade, so we think they are getting closer to fulfilling their goals. This goes hand in hand with the vision of creating more prosperity for their clients. Read our OptionsXO review below to find out more!

  2. OptionsXO Special features

    There are many interesting features offered by OptionsXO. Many of them revolve around the excellent binary trading platform and you can read about them in the OptionsXO Software and Assets section of the OptionsXO review. In addition to these tools, OptionsXO also offers variety of “soft” features, meaning that this binary options broker doesn’t only enable best trading tools but also focuses on the best ways to leverage them in order to profit by enhancing their set of skills and giving them expert advice first hand. After the OptionsXO review, we must say that technical and educational aspects work together like a charm and are absolutely crucial in attaining maximum profit.

    There are several account options with OptionXO that are offered for each client at the deposit phase. The starter account called Mini doesn’t require contact with the help-desk. Other premium accounts require a guided depositing when opening the account. then the personal account manager can enable the extras that go with each account package. When doing OptionsXO review, as with any review, we are not too thrilled when we see broker listing platform access as a feature for account packages. We are ready to forgive this time since, as you will read further below in OptionsXO review, the trading platform and products is truly leading in any sense of the word.

    OptionsXO Mini account

    requires the starting minimum $250 deposit. It offers bare access to the platform and it is an automated account not requiring any special activation process.

    For the OptionsXO Silver account package

    users should contact the customer support prior to the depositing. Then they can see what are their options depending on the collateral amount. From $2000, in the Silver account package, users can get better payouts, 2 percentage points higher than with the default account. There is also access to the learning centre, access to the customer support 24/7 as well as personal trading support with OptionsXO trading experts. For the OptionsXO review we used this package and were extremely satisfied with the service.

    The OptionsXO Gold account

    starting from the $5000 initial deposit is also an upgraded loyalty program upping the returns with 3 percentage points and including expanded set of the Silver account features.

    OptionsXO Platinum account

    is the best loyalty program for serious professionals and enterprise investors. It offers up to 4 percentage points higher payouts than the basis account and includes all the excellent features of the previous, smaller, packages.

    Users, new and current are eligible for different bonuses that are offered on temporary basis. This is another reason to take some of the premium account packages since the regular correspondence with support team will surely land you more of these rewards. Deposits can reach up high, when the binary options broker increases leverage on the initial deposit or the subsequent deposits. This means more trades and more profit opportunities. It also reduces overall risk profile of the binary options portfolio since the “free cash” is the trading fuel. The bonus, as always binds for trading up to 20 or 30x turnover, depending on the type of the reward. Rewards really helped us while testing the platform for the OptionsXO review.

  3. Your capital is at risk

    OptionsXO Trading software

    In the beginning of OptionsXO review we already lauded the fantastic trading platform offered by this binary options broker. There are several reasons for our excitement. One is the fact that it is the famous, but unfortunately less popular Tech Financials trading interface that is run from the full blown browser window. This is really professional approach to trading and it is an excellent way to start to trade and run advanced portfolios. This makes trading binary options with OptionsXO one of the best experiences trader will encounter on the web.

    Basically, most of the platforms have very nice, and often surprisingly adjustable interfaces, but this kind of interface blows them away since it brings all the important information into the trading deck. One has most of the information in front, on the screen, while trading, without a need to switch tabs. Available binary options to trade are listed, with expiries are on the left, along with the product selection menu on the top. The upper right side is the trading window with nice gripping and analysis tools, while the bottom lists open positions and a stream of market moving news reports – something we found extremely useful in our OptionsXO review.

    The products offered are somewhat tilted to the exotic side offering generous payouts. These are the traditional high low, one touch, boundary and 60 seconds binary options. Now, this may sound pretty generic until one sees there is an extra layer of product modulation taking the user control even further. For traditional high/low options, one can modify it by choosing above/below mode, essentially turning it into symmetrical range option. It’s the same with the One Touch which can be modified as the high yield touch but also touch/no touch. So basically the risk adjustment is made by modifying the product rules, and that all to users discretion!

    There are also risk management tools which are being added to more and more brokers since they are an excellent additional layer of risk control. Users can use these tools for specfic situations and change outcomes even before the option runs out. They can increase investment with Double up if the option seems like it will end in the money. They can reduce exposure if it is other way around. Risk management tools are hugely helpful as we learnt from the OptionsXO review.

    During the OptionsXO review we came to conclusion the asset index leaves to wish for. We expected much more considering the professionalism in the rest of the services offered, but with 12 indices, 3 commodities and 16 currencies, it is even below the current standard. Only eight stocks to trade make it even more lacking.

  4. OptionsXO Support information

    Support desk is one of the first services customers will encounter if they decide to go after premium account packages, this binary options broker says the customer satisfaction is their top priority and we believe them since one needs a strong help desk and support when catering advanced users as OptionsXO does. Finance is a service based industry where personal experience is the key along with the good returns. In our OptionsXO review we experienced the OptionsXO customer support and were satisfied.

    This is why OptionsXO uses all available communication channels to keep contact with their clients 24/7. Trading is possible around the clock and this is why help desk needs to be prepared at all times. Live chat and email are available for contacting the OptionsXO staff. There is also a web form for those who are not in a hurry. Phone lines are available in multiple regional centers for the macro region. These are UK – London, Japan – Tokyo, Luxembourg, Spain – Madrid, Bahrain, Germany – Berlin, Italy – Milan, France – Paris, Australia – Sydney, Ireland – Dublin, Canada – Montreal and Cape Town in South Africa.

    Service is fast and reliable and what is important for a global binary options broker, it is multilingual, reaching millions around the world in their own language.

  5. OptionsXO Banking and company information

    Banking is the pillar of binary options trading and it is essential that it is effortless as it can be since it is important in building trust between broker and the client. This is why it helps to have a wide range of depositing and withdrawing options so users can use the services they feel most familiar with. It is also important to say, that along with a wide range of financial service providers supported by OptionsXO, users’ funds are segregated from company funds. Some time ago it was only a feature of regulated brokers, but in the mean time competition is forcing all brokers into this kind of conduct. Accounts users deposit with OptionsXO are held at Barclays in London.

    Depositing can be done by using credit cards (Visa, MasterCard, American Express, Diners and Maestro International), via bank wire transfer and by using web-money providers such as CashU, Skrill and Ukash. Minimum deposit is $250 which is Ok for a start. The attractiveness of trading platform and the amount of opportunities will sure make users invest and reinvest profits all the time. When depositing with bank transfer, minimum is $500 and it takes longer. When depositing during our OptionsXO review, funds were deposited immediately with credit card transfers and net wallets.

    Withdrawals are subject to a $25 fee as we learned during our OptionsXO review. We think it would be fair if at least one withdrawal monthly is fee of charge. There is $100 minimum withdrawal requirement for all transfer services but wire transfer where $200 is minimum. As always we advise clients to do the verification at the beginning. Withdrawals after the verification can take up to 4-7 days to process and additional 5-7 days for the money to arrive to customers account.

    While writing the OptionsXO review, we had quality correspondence with the company behind the OptionsXO brand – Invision House in HITCHIN, Herfordshire, UK.

  6. Your capital is at risk

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Your capital is at risk