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OptionWeb Review

OptionWeb Review

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(16 votes, average: 4.50 out of 5)
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Company info:
Name OptionWeb
Website optionweb.com
Foundation Year 2012
Trading conditions:
Min. Deposit 200 $
Payouts 85 %
Trading Assets Currencies (Forex), Indices, Stocks, Commodities
Option Types High/Low Options, One Touch Options, 60 Second Options, Option Builder, Short Term Options, Other
Payment Methods:
Credit Card, Wire transfer, Skrill, CashU
Other Features:
Accept US traders
Affiliate program
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    Detailed info:

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    OptionWeb (website) is founded in 2012 with the company name Lionsman Capital Markets in Cyprus. The company is the first binary options broker that is regulated by the Cyprus Securities Exchange Commission (CySEC).

    optionweb-cysec-regulation

    Figure; Optionweb Regulation by CySEC

    OptionWeb Trading Conditions

    Optionweb features different trading conditions suitable for newbies, professional traders to account managers. The trading conditions you get at Optionweb depend on your total accumulative deposits. The more deposits one makes, he/she is moved to an account type of a higher level with better trading conditions. Let us look at each account type and its benefits below (every higher account level also comprises of the benefits of the previous account type);

    optionweb-starter-account-type

    Figure; Optionweb Starter Account Type

    optionweb-standard-account-type

    Figure; Optionweb Standard Account Type

    optionweb-silver-account-type

    Figure; Optionweb Silver Account Type

    optionweb-gold-account-type

    Figure; Optionweb Gold Account Type

    optionweb-platinum-acc-type

    Figure; Optionweb Platinum Account Type

    optionweb-diamond-acc-type

    Figure; OptionwebDiamond Account Type

    The diamond account opens way for customized trading conditions to suit the trader but also requires a cumulative payment of not less than EUR 250000. Below is the starter, standard, silver, gold and platinum account types comparison;

    Optionweb Account Types Comparison

    optionweb-accounts-comparison-table
    Figure; OptionwebAccount Types Comparison Table

    One of the unique features – broker offers to silver, gold and platinum account holders is a monthly interest rate calculated according to the balance of the account. Unfortunately, Optionweb does not offer a free demo account to every user; with starter accounts having no access, standard accounts limited to a 2 week demo while silver accounts limited to a 1 month demo account.

    Deposits and Withdrawals

    Optionweb accept Credit/Debit Cards, Wire Transfer, Skrill, Neteller, Neosurf, paysafecard

    optionweb-payment-methods

    Optionweb Trading Platforms

    Optionweb binary options broker offers a downloadable desktop version, web-trader as well as mobile trading platforms.
    Option Desktop Trading Platform

    optionweb-desktop-platform

    Figure; OptionwebDesktop Trading Platform

    Features of Deskop Platform:

    Limitations

     

    Optionweb Web Based PIatform

    optionweb-web-based-platform

    Figure; Optionweb Web-based Trading Platform

     

    Features of Optionweb Web-based Platform

    Limitations

    Broker  also allows trading via its mobile trading applications for Android and iOS.

     

    optionweb-mobile-trading-app

    Figure; Optionweb Mobile Trading Platform for Android

    Optionweb Bonuses/Promotions

    optionweb-bonus

    Figure; OptionwebBonus

    Optionweb binary options broker is currently running an offer with no conditions attached. The offer refunds the bet of your first trade if it ends up being a loser. The maximum refundable amount depends on the account type as follows;

    Sponsorship

    optionweb-sponsorship

    Figure; Sponsorship Program

    Optionweb binary options broker offers a risk free EUR 100 cash to any person who introduces a new investor to them. Once you introduce new investors to Optionweb, they need to enter your email address as a sponsor for you to receive the free EUR 100. In return, they also receive a EUR 100 bonus to their accounts.

    Education

    Optionweb offers a free technical analysis ebook, webinars, news, daily reports, economic calendar as well as other trading tools as shown below;

    optionweb-education-material

    Figure; Education Material and Trading Tools

    Optionweb’s web-based platform is resourceful to newbie traders since there is an explanation for each type of option on the “How to trade section” as shown below;

    optionweb-how-to-trade-section

    Figure; How to Trade Section of the Web-Based Trading Platform

     

    Optionweb Pros and Cons

    Pros

    Cons

    Optionweb Customer Support

    Support available via:

    option-web-contact-us

    Conclusion

    Optionweb is a decent binary options broker offering various resources to traders. However, lack of a free demo account makes it lag behind other top binary options brokers. Trading on Optionweb would be ideal for someone looking to fund an account and begin trading right away.

     


    Now, everything seems OK with “Optionweb” however “ProfitF team” will keep monitoring this broker and update this review if any changes take place.

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