Editor’s Verdict

Pros
  • Advanced Educational Tools

  • Generous Bonus Conditions

Cons
  • Limited Bonuses and Promotions

  • Only One Trading Account

Overview

Review

HeadquartersUnited Kingdom
Year Established2015
Execution Type(s)Binary Options
Minimum Deposit$50
Islamic Account
Signals
US Persons Accepted?
Managed Accounts

Huge Options is a global binary options broker, domiciled in London UK.

At Huge Options traders can select from a variety of currencies, commodities, stocks and indices.

Huge Option offers 10 risk free trades which is highly unusual among binary option brokers. Among the assets available for trading are 17 major currency pairs and commodities offerings such as gold, silver, platinum, gas and oil.

Most of the global indices are available for trading including the ASX200 which became the primary investment benchmark for the Australian stock market in April 2000. All the major stock companies are also offered for trading.

Accounts

There is one standard account at Huge Options but traders can earn up to 100% returns on their trades. All account holders receive a 100% bonus on their first deposit as well as highly reliable and accurate trading signals. A personal broker and one-on-one training is provided to all traders.

Huge Options Trading Signals
Huge Options Trading Signals

The minimum amount to purchase a single option is $1; the maximum amount to purchase a single option is $500.

Traders who adhere to Sharia law are offered an Islamic account where trades are not held overnight and do not accrue interest.

I was surprised to see when doing this review that a demo account is not provided.

Education

Education is important at Huge Option and there is a full online trading academy available to all traders. Clients can choose from over 50 tutorial videos which are available 24/7. The free training kit is divided into beginners, advanced and all and these animated videos are enjoyable and informative.

Huge Options Trading Courses
Huge Options Trading Courses

There are also Forex and Binary Option e-books which walk the trader through everything he/she needs know before starting to trade.

Huge Options Ebook
Huge Options Ebook

The weekly analyst gives traders the opportunity to follow the most recent trades and experts' analyses in order to make informed decisions and increase their profits.

Huge Option offers traders the use of several Forex pivot points including Woodie Pivot points, Fibonacci Pivot points, DeMark Pivot points and Camarilla Pivot points.

Daily news is posted on the landing page of the site each morning and there is a complete glossary of all financial terms. The FAQ section is informative and all inclusive.

Bonuses/Promotions

Huge Options offers a number of attractive promotions or reward features, including welcome bonuses, contests, and awards to new or existing customers. These bonuses or trading credits awarded to clients are part of Huge Options’s promotional programs. They are limited-time offers and the terms and conditions for bonus rewards are subject to change at any time.

At the time of this review, a 100% welcome bonus was in force in addition to a Refer-a-Friend promotion whereby referrers who refer an additional new trader as well as the referred family member or friend both receive a 50 USD, EUR, GBP credit into their trading accounts.

Huge Options Bonus Offer
Huge Options Bonus Offer

Deposit/Withdrawals

Huge Options offers fast and secure deposit methods including credit and debit cards, bank wire transfers, and a variety of online payment plans such as UnionPay, Skrill, Qiwi, Neteller, MoneyBookers and others. The minimum deposit for wire transfers is $1,000.

Fund withdrawals from trading account can be done at any time. Sufficient funds need to be maintained in the account to cover margins for any open trades.

The minimum amounts per withdrawal are 50 USD/GBP/CAD/EUR/AUD, 300 CNY, 650 ZAR or 6500 JPY.

Customer Support

Customer Support Methodsemail-support chat-support
Support Hours24/5
Website Languages
      • English
  • Traders can reach a representative at Huge Options Monday through Friday, 09:30 - 17:00 NZDT (19:30 - 04:00 GMT)at the broker’s London office.

    Trader Support is available 24 hours a day, 7 days a week. Email support is also offered and Chat is present during support hours.

    An innovative ‘market clock’ provides exact times for trading around the world with a click using an interactive set of clocks.

    Conclusion

    Huge Options prides itself on its integrity and trust, transparency and reliability. It is continuously innovating, upgrading and applying cutting-edge technologies and offers traders flexibility and a variety of expiry time frames and option types.

    Huge Options offers most of what a binary options trader is looking for. Despite missing a choice of different trading accounts and information on the platform used for placing trades, this broker is definitely headed in the right direction.

    Features

    Huge Option is a relatively new broker and is eager to please. The website attractive and is easy to navigate and the important facts are presented in a clear and understandable manner. The bonuses and promotions are generous and although the trading options are quite standard, they offer traders a nice choice of trades and a wide variety of different asset classes including Forex, commodities, stocks and indices.

    Platforms

    Binary options at Huge Option can be traded in several ways: High/Low, Short term, Spread High/Low and Spread Short Term. Graphs are presented for each of the different options.

    Huge Options Trading Platform
    Huge Options Trading Platform

    Mobile

    There is also a mobile trading platform which offers comprehensive secure trading on smartphones or tablets, such as iPhones and Android-based devices. The app is available for downloading through app store or Google Play.

    The mobile app enables traders to place new binary options trades, check and track open trades, sell open trades before expiry, get real-time quotes, payouts and expiry times, review the latest trade reports and more.

    Trading Platform

    Automated Trading
    Guaranteed Stop Loss
    Scalping
    Hedging
    OCO Orders
    Interest on Margin

    About the Author

    DailyForex.com Team
    The DailyForex.com team is comprised of analysts and researchers from around the world who watch the market throughout the day to provide you with unique perspectives and helpful analysis that can help improve your Forex trading.