OptionXP Review

OptionXP
Bonus Based on the Volume of the Transaction, Up To $10000
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Overview

OptionXP website is web based, you trade from any computer you want. This site is great for newbies and experts.

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Details

Broker OptionXP
Website URL www.optionxp.com
Founded 2010
Headquarters Cyprus
Support Types Email, Chat, Phone
Languages English, French, Greman, Italian, Rusian, Portuguese, Spanish, Japanese, Swedish, Arabic
Trading Platform Tradologic
Minimum 1st Deposit $200
Bonus Bonus Based on the Volume of the Transaction, Up To $10000
Payout Up to 81%
Free Demo Account Open Demo
Fees Yes
Commissions Yes
Deposit Methods Credit card, Bank Transfer
Withdrawal Methods Credit card, Bank Transfer
Trading Methods Digital, One Touch, Range, Touch, Turbo
Number of Assets 56
Types of Assets Currencies, stocks, Indices, Comodities
Trading Currency USD
US Traders Allowed Yes
Mobile Trading Yes
Tablet Trading Yes
Overall Score 7.8

Screenshots

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Full Review

OptionXP Overview

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OptionXP is a binary options brokers which it is relatively new and 100% web-based. It has their headquarters located in Cyprus. OptionXP founded in 2010 and has been a broker grown from the standard binary options. OptionXP is a close relationship with OptionBit because both are part of a company. Many of the parts on both sites are accurately the same. Just same as OptionBit, they claim to open the world by creating a special investting environment that anyone can trade binary options in a intelligent, simple way. So if you were pleased with the transaction at OptionBit, you will not have any problems with OptionXP. OptionXP choose Cyprus as their national headquarters, which is a good move because at least they will have some oversight by the CySEC, CySEC although not prescribed for them. Tradologic trading platform – a quite common platform among binary option brokers;  used by OptionXP. With about 81%, is paid pretty well, but not among the best. There are almost all kinds of options are available: Digital, One Touch, Range, Touch, Turbo. It is the same as the other brokers who are using Tradologic trading platform. If you have the knowledge and skills to predict high or low volatility, these options can be very amazing and profitable for trading. Few great points is the minimum deposit is only $ 100 and the minimum transaction amount is just $ 10, which could be attractive for newcomers who do not want or can not invest more capital. However, have a bit of trouble with a demo account that we were not able to verified because of support issues.

Assets of OptionXP

OptionXP is one of the brokers with the fewest basic asset. They only have 56 underlying assets to provide for their customers, which is less than half of some binary options brokers. If you have traded an asset before, it may not be available to you. At least, OptionXp has currencies in the asset list. Besides, with the currencies, you can basically trade 24 hours a day because currencies move around the clock, which provides opportunities for investors from different regions as well.

Deposit Options, Language & Bonuses of OptionXP

You can send money to your account through credit card, Bank Transfer, PayPal and Western Union. OptionXP only one language choices: English, French, Germany, Italian…  .The bonuses of OptionXP is available and very attractive. Get 30% bonus on your first deposit, up to $ 10000 bonus – very appealing. OptionXP is also known to offer great deals for existing clients.

OptionXP Reliability

Tradologic is a trading platform where you can test and try. Because OptionXP has been around for a while, so they handle all the small problems could potentially arise for investors while trading. We basically did not suffer any performance issues with this broker. Of course, there is a slight delay between trade entry and trade confirmation, but it is perfectly normal because it takes time data to be sent to the server. However, we suggest that you use a dedicated browser for trading purposes because a trading platform take lots of RAM resources.

OptionXP charting

OptionXp using Tradologic trading platform and that is not the best about the charting. They also have basic charts like other brokers, but we can not change the size of the charts. Moreover, there is no way to request historical price data bescause it is very useful for traders to understand price trends. Prices may show a downward trend on the charts, but it can be really bullish in the long term. So how can you accurately predict the price trend when you look at a piece of data? In contrast, the broker should make  the charts easier for investors to make accurate decisions. We recommend that you use a free service such as MT4 chart, especially with this broker.

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The user-friendly Tradologic trading platform is quite good. Because OptionXP site is web based, you trade from any computer you want. This site is great for newbies and experts. This site is professionally laid out and you can acess all features from the home page.

First, it is easy for investtors to understand how it works. Besides, OptionXP use images to show how to enter and order after you have established your decision on price trends. Unfortunately, there is not any kind of filter functions help sophisticated investors managing their assets. Anyway, there are only 56 assets available, so there will not be an issue finding a favorite asset.

OPtionXP Withdrawal

Binary options trading with OptionXP is completely free, making trading easier. We didn’t endure any issues when we withdraw our winning money from OptionXP. Actually the assistance is very useful since it calls for us to make sure that it is us who make the withdrawal request. Generally, from the request time to the money time in the bank, it takes around 7 working days.

Support OptionXP

Just like with OptionBit, FAQ and Glossary section of Optionxp is very neat, help investor binary options to begin their binary options trading journey. The Quick Guide and eCourse are great features of the OptionXP site and useful for all investors. A demo account is available, at least so they claim. If you are a trading newbie this is the way to go. To achieve success you have to practice trading very hard; in that we have a respect attitude with trading as anything else. As we can see on the website OptionXP, all methods to communicate with them is at your fingertips. You can contact OptionXP via email, live chat. There is also a call back option. In addition, their team of customer service is very useful, and can be contacted on 4 international support telephone numbers.

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