Editor’s Verdict
Overview
Review
Headquarters | United Kingdom |
|---|---|
Year Established | 2014 |
Minimum Deposit | $100 |
US Persons Accepted? |
No1Options.com, located in London, U.K. may be a relatively new kid on the block in the binary options arena but the features they offer are so unique that they are sure to be duplicated soon by other brokers in the field. We’ve taken an in-depth look at this binary options provider and compiled the No1Options.com review below. We hope it helps you in choosing the right binary options provider.
General Information:
Minimum Deposit: $100 Minimum Withdrawal: $100 Bonus: Up to 100% Languages: English
Platforms and Accounts
The trading platform offered at No1Options is the new generation SpotOption solution.
There are several accounts available at No1Options. The Mini account is a simple trading account with only a minimum required deposit of $500. The Silver and Gold accounts offer similar features but require up-front deposits of $2500 and $5,000 respectively. A $10,000 deposit is necessary to open a Personal Banking account and the VIP account starts off with at least $50,000.
Welcome bonuses range from 25% in the Mini Account and up to 200% in the VIP account. There are no commissions or additional fees in any of the accounts. Trading can be done 24/7 and risk management tools are available for all account holders.
The trading interface at No1options supports the trading of five types of binary options, including traditional options, long terms, fast trading, pairs and one touch options.
Other Features
There are many unique features at No1Options.com. The most interesting feature is their “Risk Free Trading” (RFT) program. With this program, clients are indemnified from trading losses by No1Options.com. Basically what this means is that if a trader chooses a win he gets to keep the profit; if he selects incorrectly the loss is on No1 Op. No other binary broker in the industry has offered this sort of trading program.
A really innovative feature is their “Ladder” trade option. When a trade using the ladder trading strategy is placed through most binary option brokers, the trader must make separate individual trades at different levels. With No1Options.com ladder trading, traders can select the different levels that they want and then just make a single trade with all the different levels incorporated into that trade, greatly reducing the trade implementation time.
No1Options offers detailed daily news updates and reviews from their in-house analysts along with graphs and charts that provide additional information while advanced traders can take advantage of technical tools such as Fibonacci and Pivot- levels calculators, tools not often offered by other binary options brokers.
Customer support is available 24/7 via live chat, e-mail or to local phone numbers in France, UK and Australia.
All in all, No1Option is a broker that is suited for beginners and advanced traders alike. Their platform is user-friendly and the site is easy to navigate.