Imperial Options Review
Imperial Options is a binary options broker located in London, UK. It was founded in 2012 and is managed by a BVI registered company called LandMark Trade Ltd. The platform was developed by a group of professional Forex brokers, financial experts of derivatives and risk managers with the vision that trading the financial markets should be as uncomplicated as possible.
Imperial Options offers four different types of trading accounts that accommodate newbie traders as well as seasoned traders with years of experience in the field.
The Micro Silver Account is their most basic account, suitable for beginners. It requires a minimum deposit of only $250 and a welcome bonus of 25% is awarded on all deposits.
The Silver Account is ideal for confident beginners as well as those who are familiar with the financial world. A deposit of $2,500 is required to open this account and a 50% welcome bonus is provided.
$10,000 will open a Personal Account which is geared towards serious traders. A personal Account Manager is assigned to all Personal Account holders to take care of their unique trading needs and provide up-to-date trading signals and up to date information. All deposits to this account receive an additional 100% as a welcome bonus.
For elite professionals, the Imperial Options Premium Account is the VIP account. It provides a host of deluxe services including direct contact to the trader’s very own personal Account Manager, along with 24/7 expert support and trading alerts, and no liquidity issues. $50,000 is needed to open this VIP account. A whopping 200% welcome bonus is provided.
All four account types feature a wide selection of features and helpful tools such as the use of the e-video library, off-hours trading assistance, risk management tools and more.
I was surprised to find that there is no demo account offered.
The payout ratios at Imperial Options are quite reasonable with the maximum percentage at 85% but returns can go as high as 400%!
Imperial Options’ trading platform has some unique features not usually found on other binary trading platforms. Traders can use a sophisticated trading strategy called “Ladder strategy” to a binary options trade with a single trading transaction. Up until now, this strategy required binary traders to make more than one trade before a ladder strategy could be implemented properly.
There are 8 different types of trading contracts which is far more than industry standard. Traders here can choose Classic Binaries, Pair Options, Long Term Options, 60 Second Options, One Touch Options, Ladder Options, Spot Follow (Social Trading) and FX/CFD trading.
Another interesting feature on Imperial Options’ trading platform is the “Strategy Advisor”. This feature uses the Moving Average, RSI and Bollinger Bands technical indicators to give traders a heads up on which direction the market is likely to move.
Their asset list contains more than 130 assets, with 71 stocks, 11 commodities, 30 indices and 24 currencies.
Imperial Options believes that education leads to profits and they offer a host of educational tools to help all traders achieve success. Their education section is two-tiered and is divided into beginners and advanced features.
The Imperial Options courses teach all the tricks of the trade in a simple and organized manner. They can be watched at the trader’s pace and provide the basics on strategies, trend analysis, and market prediction.
In addition, there are several more in-depth courses on psychology of trading, laws of economics, technical analysis, risk management and others.
Imperial Options Binary Trading Courses
Video courses teach advanced trading techniques, and update traders on the latest trends and strategies. Once a trader becomes more experienced they can use these videos to sharpen their existing binary options knowledge and skills.
I was quite intrigued by the titles of the videos presenting different trading strategies that include: Tunnel Strategy, Trend Signal Strategy, Fractal Strategy, Fishing Strip Strategy, Zigzag Strategy, T-Chaser Strategy and more.
Only registered traders can view the Imperial Options videos.
Imperial Options also offers a daily market analysis, an economic calendar and a listing of top trading tips such as how to ‘Get Rich Quick” Mentality,’ ‘Don’t Make Decisions Randomly’ and others.
Imperial Options Market Review
Their downloadable eBooks in 3D modelled interactive flipping form provide all the knowledge needed to help traders become familiar with the world of binary options. The full glossary and FAQ page are clear and provide additional useful information.
Besides the generous welcome bonus offered when opening a trading account, Imperial Options sometimes offers a “broker bonus” before significant financial events to enable traders to take advantage of the market volatility around those times.
The Company also offers “no deposit bonus” for VIP account holders. These “no deposit bonuses” are called “rebate bonuses”, since they are based on a percentage of the trader’s trading volume. A rebate bonus is usually given on a monthly basis and it’s the Company’s way of giving back a percentage of the traders’ investment that month.
At the time of this review, a Refer-a-Friend promotion was in effect.
Imperial Options allows traders to make payments through several methods including credit card, debit card, wire transfer, Carte Bleue or WebMoney. The lowest amount of payment by credit card is $250. The maximum deposit depends on the deposit method: Credit card - $5,000, Wire – Unlimited and Western Union - $10,000.
The minimum withdrawal amount is $100 and this can be done using the same methods as the deposits.
Traders can contact an Imperial Options support representatives 24/5 by phone numbers in local areas or via live chat. Emails can be sent 24/7 and should be used outside working hours. Their London phone number is available from 9am to 9pm GMT.
Customer support is available in English, French, Spanish, Russian, Italian, Arabic, Dutch and Swedish.
Imperial Options has some of the best features in a binary platform. It offers fully mobile trading, excellent support, hassle free withdrawals and a host of instructional features for traders on all levels.
- Choice of Different Accounts
- SpotOption Platform
- No Demo Account
- Unregulated Broker
Review info: Imperial Options
Review Date: 2015-12-01
Rating : 4
Reviewed By : Sara Patterson