Ranking of brokers are subject to change. Elements that impact our ranking include general Broker Information, such as regulation, year estableshed, avaliable languages, trading platform features, ease of use and customer service. Additional elements that effect the ranking too are the number of consumer visits, percentage of sign ups and purchased services, the user device, operating system, location, the day of the week and time of day.
Goptions General Information
Founded in: 2009
Headquarters: United Kingdom
Bonuses: Up to 100%
Minimum deposit: $100
Languages available: English, French, Arabic
Goptions is an online binary options broker that serves traders worldwide. During this Goptions review we found the trading platform to have a refreshingly modest design, which was a lovely change from other brokers who tend to complicate matters with overly busy trading platforms and too many options that confuse the process instead of clarifying it.
Goptions does, of course, offer ample trading options, it just presents each one in its own place, guiding traders to their destination with easy to follow yellow and blue tabs. In fact, Goptions boasts that its platform is counted among the most advanced trading platforms for binary options, with over 200 underlying assets from more than 30 countries worldwide.
The company’s Binary Options platform, recognized as the most popular platform, is also the most basic one. It provides traders with the opportunity to trade the High/Low Binary Options (Up/Down Binary Options). A trader can choose his/her own expiry date, and the payout appears right on the screen. This type of platform is great for novice and inexperienced traders.
The Option Builder platform allows traders to customize the parameters of a trade to their own individual trading strategies. It is principally useful for more experienced traders who understand the market and would like more flexibility in order to create their own trading style.
There are three other trading platforms, including a 60 seconds options where traders can trade with as low as $5 and a minimum deposit in just $100 and can profit in just one minute if they get it right. The Pro Trader Platform is Goptions’ prize trading platform and presents traders with everything they need in a well organized trading window. This can include larger graphs, asset history, options analysis and their unique ‘buy me out feature”.
The one feature we found extremely unique at Goptions was their “Lucky Sunday’s” Promotion which rewards a lucky trader with $100 cash prize directly into their trading account every Sunday. The requirement for the prize is simple; the one with highest amount of winning trades will qualify for the $100 real money prize.
I was also pleased to see that Goptions offers a free Demo Account for beginner traders. However, it doesn’t list how long this account can remain open before requiring the trader to open a real account. Clicking on the demo account button takes you directly to the registration form. It would be nice to know a bit more about the conditions of the account before opening one.
Goptions customer support is available via live chat and email. Starting August 10, 2013, chat will be available 24/7. Prior to then, it is available from 4am GMT-11pm GMT. Emails will be answered around the clock during the trading week. A UK phone number is also listed on the company’s website for anyone wishing to contact Goptions by phone. The company also has a relatively thorough information section about how to trade binary options, as well as a very impressive FA Q section that deals with everything from how to use the demo account to how to deposit and withdraw funds.
The information presented on the site should give traders the confidence and the information they need to trade confidently with Goptions.
Our overall experience with Goptions was positive, from the trading, to the friendly customer support team. A low minimum deposit makes it possible for anyone to trade reasonably with Goptions, and a demo account, available for depositors only, will allow traders to nail down a strategy before investing their money on a trade.
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Review info: GOptions
Review Date: 2014-03-12
Rating : 4
Reviewed By : Sara Patterson (Google+)