Friday, July 27, 2012

TOP BINARY OPTION BROKERS SEPTEMBER 2012



NAME  REGISTER PAY OUT % BONUS MINIMUM DEPOSIT REFUND REVIEW
24option Open Account   85%up to $400 $200 0% Review
TradeRush   Open Account81% $200 $200 10% Review
AnyOption   Open Account71%$0 $100 15% Review
OptionRangeOpen Account81%$0$50$0Review

OptionRange Review

From what I can tell, OptionRange is the most recent broker to have entered the Binary Option world and it clearly looks like they wanted to bring something different to the game and separate themselves from the pack. The big surprise here is the low minimum deposit of $50 and $10 per bid which is great for newcomers who do not want to shell $100 to $200 to start.

. User Friendly:8/10
OptionRange displays an easy to use interface which will keep newcomers and experienced trader happy.Its platform is powered by Tradologic and lets you see four different options at once.


Payout Rates: 9/10
With a payout rates of up to 81%, OptionRange is well above average in compare to other brokers who have a lower rate, so big thumbs up on this area.










Assets & Expiry Times: 7/10

OptionRange has a very wide arrays of assets to trade on so they seems to be above average on this area. From currencies to indexes to stocks, they compare very well to other competitors's assets offering.

They even have stocks that I haven't seen elsewhere..Stocks like ING Group, and BOVESPA.

Their expiry time is good which puts OptionRange up to par with the other brokers, but I personally would like to see all brokers implement expiry time that expires  in the :15 and :45 of an hour...Only a very few offers this type of expiry time on assets.

 Commodities: CRUDE, GOLD, SILVER, COPPER

Currencies: EUR/USD, EUR/JPY, USD/JPY, AUD/USD, GBP/USD, GBP/JPY, EUR/GBP, USD/CHF, USD/CAD, EUR/CHF, USD/RUB, USD/TRY, USD/BRL

Indices: DAX FUTURE, S&P FUTURE, NASDAQ, DOW JONES, BOVESPA, CAC FUTURE, FTSE, 100 FUTURE, SPI200 FUTURE, IBEX 35, NIKKEI 225, TOPIX 500

Stocks: APPLE, FACEBOOK, BOEING, COCA COLA, EXXON MOBIL, GOOGLE, MICROSOFT
 NIKE, MCDONALDS, VODAFONE, AMAZON, BAIDU, WALT DISNEY, HSBC, TOTAL, ALLIANZ, RENAULT, BMW, FRANCE TELECOM, GAZPROM, SONY, KONAMI, VIVENDI, SIEMENS, BP, HONDA, TOYOTA




Deposits & Withdrawals:8/10
This is the area where I believe OptionRange exels at and in my opinion rates above all others..With a minimum deposit of only $50, OptionRange opens itself to a wider range of customers, specially those who only wants to try binary option but do not want to risk a lot of money. $50 is perfect for these type of newcomers which allows them to get a feel of things.



You can deposit with:  credit/debit/prepaid card(visa, MasterCard) VisaMaster Card WebMoney Wire Transfer,Western Union, MoneyGram, PayPal



You can withdraw with: credit/debit/prepaid card(visa, MasterCard),  VisaMaster Card WebMoney Wire Transfer,Western Union, MoneyGram, PayPal



Customer Service: 6/10
OptionRange has a very limited customer service options if you'd like to contact them. While they do answer your emails within hours, they do not have Live-Chat nor a phone number which all major brokers has. They will have to eventually add one to better compete for customers who wants someone to hear their concerns.




Thursday, July 26, 2012

AnyOption Review

As one of the premiere brokers who is  revolutionizing the world of Binary Option, AnyOption offers a more conservative approach of trading with a basic and streamlined user interface.
Founded in 2008, this broker has gained a reputation of being friendly to beginners who do not want a bunch of indicators or  cluttered trading platforms.
AnyOption was my first broker and while I've opened accounts with other brokers, I've always enjoyed trading with them because of the simplicity which they have kept for the most part.


User Friendly: 8/10
AnyOption has a 100% web-based platform which means no needs to download anything on your PC to start trading. Its platform is very smooth and inviting, specially for newcomers. Not much gimmicks, they try hard to keep it simple and not over-do it. Many material to help beginners start up and comprehend how binary option works.




Payout Rates: 8/10
The payout rates at AnyOption is between 65% and up to 71% which is below average but on the positive side, they offer a return of 15% on any investment/bid you lost. For example, if you were to bid $25 on an asset and it failed to finish in the money by expiry time, you'd still get 15% of your $25.

Their high return rates of 15% on losing bids is the highest I've seen so far and it makes their platform the perfect place for new members who may feel a little better by getting some money back even after a failed trade.




Assets & Expiry Times: 8/10
AnyOption has well over 90+ assets to trade on as of July 25th 2012, which is well above average in compare to other competitors
It is important to let you know that if you're in the U.S, you would not be able to trade currencies with Anyoptions so keep that in mind when signing up.

Expiry time stretch from 15 minute to a couple of days


Commodities: Silver, gold, crude oil, copper

Currency: AUD/USD, GBP/JPY, GBP/USD, EUR/GBP, EUR/JPY, EUR/USD, NZD/USD, USD/CAD, USD/JPY, USD/RAND, USD/CHF



Indices: Dow Jones; NASDAQ Composite; NASDAQ 100 Future; S&P 500 Index; Bombay 30; Hang Seng; DAX; FTSE100; Jakarta Stock Price Index; Dubai General Index
17 stocks







Deposits & Withdrawals: 9/10

Minimum deposit at AnyOption is $100. Fairly low in compare to other competitors like 24Option or TradeRush but not the lowest in the industry.


 You can deposit with: credit/debit/prepaid card(visa, MasterCard), eCheck, Poli, Wire transfer, Cash-U, MoneyBookers



You can withdraw with:  credit/debit/prepaid card(visa, MasterCard),  eCheck, Poli, Wire transfer, Cash-U, MoneyBookers





Customer Service: 8/10

AnyOptions offers a Live-Chat room service during market hours which is pretty good. Their agents seems to be very knowledgeable and respectful when serving their customers. I haven't heard anything bad about their service as of yet. You can also contact them via phone and email through multiple language which they offer on their website.





Tuesday, July 24, 2012

24Option Review

Founded in late 2009, 24Option quickly made a very positive impact in the "now-exploding" world of binary option and although many of its likes have since come on the scene, it has succeeded in retaining its position as one of the top brokers in this young industry.


User Friendly: 9/10
User-friendliness is one of many areas where 24option excels at with top notch technology and no need for any software to be downloaded on your PC. Everything is browser-based with a smooth user-friendly interface. The trading experience is made very simple and friendly with everything you need at your disposal. Live-Information about any asset that you'd like to trade on  is very easy to access + charts to strategies and make an informed decision.




Payout Rates: 8/10

Depending on the asset you are bidding on, 24Option offers you between 70% to 85% payout rates on your investment. the high end of 85% is among the highest return rates in compare to other brokers but there is one broker that goes up to 91%, so there is room for 24Option to improve.

I'd also like to point out that 24option has a nice unique feature called "buy back option" which allows you to take out your money at any time, before the Binary Option’s expiry time. This feature can be very useful if you do not like to early trend of a bid and want to pull out and cut your lost.




Assets & Expiry Times: 8/10
24option has a good amount of assets to trade on but could always add on more. Other brokers have much more..I believe the more you have, the better because that means a customer would not have the need to look elsewhere for the specific assets he/she is looking for.

They have a nice variety of expiry time stretching from a minute to hours to days..So they are good on that front.


Forex options: GBP/USD, GBP/JPY, USD/JPY, USD/CAD, USD/CHF, EUR/JPY, EUR/GBP, AUD/USD, EUR/USD, USD/TRY, EUR/TRY, 



Index options: Dow Jones, NASDAQ, S&P 500, FTSE, DAX, IBEX, CAC-40 Future, MIB-40 Future, SMI-Future, ASX Future


Commodity options: Oil, gold


Stock options: ICICI, Bank, Tata Motors Ltd,  Sony,  Sumitomo,  Barclays,  NIKE, CITIGROUP, Facebook, BP, France Telecom, Societe General, Vodafone,  Fiat,  BNP Paribas, AXA, Google  Apple  Coca-Cola JPMorgan Chase  Microsoft  Amazon  IBM  EXXON  McDonalds  Amex  Baidu



Deposits & Withdrawals: 8/10
The deposit minimum at 24Option is $200, which is average in compare to other brokers, but this amount could be a bit too high for newcomers who wishes to put lesser amount of money at risk.
It is important to have sufficient amount on your account to make sure a small losing strict does not gut your account...Therefore, $200 is a decent start if you're intention is to turn this into a second income opportunity..
You can deposit with: credit/debit/prepaid card(visa, MasterCard), Wire transfer, Cash-U, MoneyBookers, Liberty Reserve, 

The withdrawal process is seamless with 24option. I have never heard any complaints from customers not receiving their money...It takes about 2-3 business day to receive your money.
For withdrawal options the choices are:  credit/debit/prepaid card(visa, MasterCard), Wire transfer, Cash-U, MoneyBookers, Liberty Reserve.




Customer Service: 8/10

My personal experience with 24Opion customer service has been very good , so no complaint from me on this area. They seemed to always be ready to answer any questions you may have and do it professionally.

You can contact them 24/7 via chat room, phone or email and they will answer within 24 hour.

TradeRush Review


Established in 2011, TradeRush is a new arrival on the Binary Option scene but it has already made a positive impact among traders who likes what they are seeing from this rookie.While TradeRush is not yet ready to challenge the top brokers, it has shown that with more time, it could continue to improve and become one of the top broker in the industry. Should be keeping an eye on them.



User Friendly: 7/10
TradeRush platform is as friendly as the other brokers and easy to use. No software to download on your PC since it is 100% web-based 





Payout Rates: 7/10
The payout rates at TradeRush is about average, between 70% to 73% depending on the asset you are bidding on.. If you want a higher rates on your winning bids, then there are obviously better option out there.

Since TradeRush is a recent arrival, we'll give this broker some time to first assert itself into the industry and hopefully, in a year or two, they would raise the payout rates higher to satisfy their customers.






Assets & Expiry Times: 7/10

The amount of assets TradeRush has to trade on is pretty average in compare to other brokers but they do have other nice features that make up for this weak area. Their expiry time is very wide which is good for those who wishes to have many  expiry options available to them. Their expiry starts from 60 second(which many brokers does not have) to end of the day expiry.


Commodities: Oil, gold, silver, platinum, coffee, corn, sugar, wheat, cotton.


Currency: AUD/USD, GBP/USD, EUR/GBP, EUR/JPY, EUR/USD, USD/CAD, USD/JPY, USD/ZAR, USD/SGD, USD/EGP, USD/RUB, USD/BRL, USD/TRY.



Indices: KL FUTURE; STRAITS TIMES; NASDAQ FUTURE; S&P FUTURE; SSE 180; HANG SENG; BOMBAY SE; KUWAIT; DUBAI; QATAR; EGX30; TADWUL; MSM30; RTS; MICEX 10; ISE 30; FTSE 100; DAX; NASDAQ; S&P 500; DOW JONES;


Stocks: BARKLEY, AMAZON, TURKCELL, TATA MOTORS, REUTERS, BAE SYSTEMS, ROLLS ROYCE, COCA COLA, SBERBANK, LUKOIL, GOOGLE, BP, GAZPROM, NIKE, APPLE, MICROSOFT, CITIGROUP






Deposits & Withdrawals: 8/10

Minimum deposit at TradeRush is at $100 which is the standard amount among most brokers.

You can deposit with:  credit/debit/prepaid card(Visa, AMEX, MasterCard), MoneyBookers, WireTransfer, Libert Reserve, CashU
You can withdraw with:  credit/debit/prepaid card(Visa, AMEX, MasterCard), MoneyBookers, WireTransfer, Libert Reserve, CashU.







Customer Service: 9/10

Nothing bad to say about their customer services which I believe is one of the most important area of any business. They are quick to receive and service you and tend to be polite.
They also have a Live Chat + you can contact them via phone or email which they usually reply back within hours.


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