ioption

ioption Binary Trading 

Established in 2008 when Binary Options trading was first approved by the SEC, iOption was a slow starter. They’ve been building slowly over the course of the last few years. They are one the few binary options traders that offer traders a wide diversity of underlying assets in the financial market.  It is also one company that many retail traders are dealing with, both newcomers and professional traders. This is quite unusual nowadays as most trading platforms tends to attract either those new to the market or seasoned traders. They offer either a very simple platform which which is user friendly, or a more complicated one which hosts analysis and other trading systems like “boundary trading”. Like many other binary options brokers, iOption is based in Cyprus and have been attracting positive feedback especially about its high quality sales team.

Trading Platform

The iOption Trading Platform is quite well designed to enable traders to trade with ease and is entirely web-based. This has the big advantage of letting a trader trade from anywhere in the world. The homepage, offers a very straight forward navigation menu. You have everything that you need to start trading, contact support or for new traders take a demo tour on how to use the trading platform.

Payout

Like most binary options broker, the returns offered by iOption are as high as 85% on just a single trade. But this will depend on the type of assets that you selected. With the “One Touch” options, traders are able to trade over the weekend and maintain their market position over the entire week until their target is reached. With this option you can make up to 400% return! It’s not that easy and of course, if you fail to reach your target, you will lose your investment entirely.  No out of the money cashbacks here. Withdrawal of profits is a simple matter of transferring funds to either:

• Credit Card
• Wire Transfer
• Moneybookers E-Wallet

However, you have to take note that the initial withdrawal can take up to 7 business days. But once the process is established, it will normally take 2 business days.