OptionsXO was established in London England in 2012. It is a new but competitive and well prepared option broker; powered by a sophisticated trading platform designed by Tech Financials. Minimum deposit is $200, minimum trade size is just $10, and they offer a generous 150% first deposit bonus. Payouts range from an impressive 89% on low yielding short term options, to 360% on the high yielding options. They have over 90 assets to trade from, and quite a variety of option types, including the ability to double up or close early. They also offer 15% refund on losing trades, and the roll over feature on losing trades which allows traders to roll over a soon expiring losing trade (and a potentially later winning one) into the next expiry period. On top of all this, they also offer Risk Free Trades and extremely accurate Trading Signals to their clients, that is very unusual of an option broker, but then again they want their clients to win, and they do want to win more clients.
Their platform supports many languages (in addition to the usual English, German, and French that most brokers have, they offer Turkish, Arabic and Russian as well) and comes with very responsive and efficient customer support. OptionsXO did actually perform extensive research prior to launching in 2012, and due to the poor customer support of other option brokers, they wanted to cut into the competition by providing the best possible customer service! The platform is very informative, with accurate, easy to use charts, and it has all the binary features that a cost effective day trader, or a professional hedger would want to use!
All the tools that will allow you to cut losses significantly and even turn doomed trades into break even or winning trades! That is unimaginably valuable to professional traders. The platform also runs on smart phones and tablets!
Safety of Clients’ Funds & Reliability
Options XO a reliable broker, safe for both deposit and withdrawal transactions and trade execution. It implements all the required policies for facilitating highly secure online payments, keeping clients’ funds safe, and also offering a transparent and fair trading environment. OptionsXO prides itself in adhering to the highest standards of safety and security of funds. All deposited funds are transferred on behalf of clients into the private banking accounts at Barclays PLC, headquartered in London. Withdrawal requests may be submitted at any time and for any reason.
Deposits & Withdrawals
Deposits can be made in 3 major currencies (USD, EUR and GBP) via most credit cards as well as bank wire transfer, and they also accept Webmoney and CashU. Withdrawals take 2 to 5 days, and can be made via bank wire transfer for consistent winners. There’s a $25 fee bank wire withdrawals due to the banking fees involved, but service is speedy. All electronic transactions are handled with latest SSL encryption security!
OptionsXO offers full mobile phone and tablet trading service, excellent and highly informative platform for this task, and all the necessary tools to limit unnecessary losses, such as early close and roll over features. More interestingly they have no direct commission structure on binary options, and also offer extremely reliable trading signals, perhaps the most accurate in the industry! They are one of the few brokers that offer the new 30 second options that are suitable for sculpers.
We are surprised by the overall client satisfaction of clients and the features of OptionsXO and even more surprised that they decided to deliver so much where others have failed, that is on customer support and trading guidance and signals. Their trading guidance for new inexperienced clients and their trading signals are of very good quality, making them one of the best choices for people who want to start trading the markets but have no trading plan in place.
This means that you can open an account with just $200, start trading in calculated trades with them through their guidance and trading signals, so that you become familiar with their platforms and option parameters. We only advise beginner traders to choose longer term trading signals and longer expiry options first, before going into 5 or 10 minute trading intervals. You will be amazed how valuable this experience becomes over time, all you need in addition to receiving those signals is to analyze the market charts from your own perspective and keep notes. Just by referring to these notes later you will be able to make even more calculated trades and assess which ones of their recommended trading signals you find most attractive.
There’s nothing negative about OptionsXO, perhaps it’s bad they don’t offer a demo account, but they offer everything else and even more. They offer deposit bonus, they offer highest payout on hourly expiry options and refund on losing trades at the same time, which is rare! Usually most brokers offer refunds, but also low payouts… and then they offer so much more. They give you reliable trading signals, guidance, excellent support, virtually no commissions on the binary options, and all the tools for really limiting losses.
Limiting losses alone is such a powerful advantage, they offer the double up, roll over and close early features, these are more important to the large size professional trader than anything else! Even if you had to pay super expensive commissions and fees, it would still be worth having those features! For example, on a $500 trade, you often have the chance to save $100 by closing early when the trade goes completely wrong, with other brokers you would have lost all $500. Equally, if your timing is off by a small margin and are doomed to lose all $500, with OptionsXO you can roll over to the next expiry and eventually win! That is get back $500 + $445 profit. As you become more and more experienced in the markets you will see how valuable these features are.
Trade With OptionsXO Now!