iOption review

NOTE: As of 10 November 2013, reports indicate that iOption has gone out of business. It is recommended that you NOT attempt to open an account on their website!

Established in 2008, iOption is one of few trading companies that provides binary options clients with a wide variety of underlying assets in the market. They are also one of the few companies with which both newcomers and professional traders prefer to deal. Today, this is quite unusual as most trading platforms tend to attract one or the other, but not both. The company provides either a very simple platform which is considered very user friendly or the more complex platform that hosts analysis as well as other trading systems including boundary trading.

More importantly, traders on iOption’s platform benefit from a personal account manager according to their region and language preference. iOption’s website is available in 11 languages, each with professional traders readily available to assist with trades and account management.

iOption offers 4 types of binary option trading instruments:

iOption allows you to trade options in the following 4 markets:
1) Currencies: AUD/USD, EUR/GBP, EUR/JPY, EUR/USD, GBP/USD, NZD/USD, USD/BRL, USD/CAD, USD/CHF, USD/EGP, USD/JPY, USD/RUB, USD/SGD, USD/TRY, USD/ZAR.
2) Commodities: Coffee, gold, oil (light sweet crude), platinum, silver, sugar, wheat.
3) Indices: ASX, BOMBAY SE, CAC, DAX, DOW JONES, DSM20, DUBAI FINANCIAL MARKET GENERAL INDEX, EGX 30, FTSE 100, HANG SENG, IBEX, ISE 30, KL FUTURE, KUWAIT GENERAL INDEX, MSM 30, NASDAQ, NASDAQ FUTURE, NIFTY, NIKKEI 225, RTS, S&P 500, S&P FUTURE, SSE180, STRAITS TIMES, TADWUL, TEL AVIV 25, TOPIX.
4) Stocks: Amazon, Apple (US), Bae Systems (London), Barclays, BP (British Petroleum), British American T, Citi (US – Citigroup), Coca Cola (US), Fiat, France Telecom, Gazprom (Russia), Goldman Sachs, Google (US), Hitachi, HSBC Holdings (London), Ibm, Lukoil (Russia), Microsoft (US), Nike (US), Nissan Motor, Reuters, Rolls Royce, S. Bank India, Sberbank (Russia), Tata Motors (India), Tesco, Toshiba Co, Turkcell (Turkey).

iOption features 4 different types of options:

1) Up/Down trades – Up/Down binary options are exactly what the name implies, you pick whether or not you think the market will go up or down. The outcome of the option depends on where the underlying price goes at the time of expiration. 1) Choose the underlying asset you wish to invest. 2) Decide which type of option to purchase, either CALL or PUT, then select the expiry time. 3) Select an amount to invest.

 

2) One touch trades – The highest rewarding trades come from One Touch trades. With One Touch options, you need to forecast if any asset will touch any set strike at its expiration. In the event you forecast correctly, Here is a simple example: You just have to decide if you believe that the prediction that the site offers will take place, or not.  For example, if the EUR/USD closes at 1.35130 on Friday, then the iOption platform will offer you two options, one for a “call” meaning that the EUR/USD will rise and reach 1.38130 at the end of the following week, or “put” meaning that it will fall to 1.32130 at the end of the following week. You select which way the asset is going to move, determine your investment and sit back until the option expiry date and time. If you are right the payout is huge. Touch and No Touch binary options are characterized by a touch rate or price. Their outcome depends upon whether the price in the market reaches or fails to reach that touch rate before the option's expiration.

3) Options Builder – Option Builder, this allows you to customize all aspects of the trade you wish to make. It is a relatively new method that is quickly becoming popular on binary options trading platforms. This feature is particularly useful for more experienced traders who understand the market and would like more flexibility in order to create their own trading strategy. 5 easy steps: 1) Select the asset you want to trade, 2) Choose an expiry time within 4 hours of the time you're placing the trade, 3) Choose the profit control risk level that you'd like, from the drop down menu, 4) Click “CALL” if you think the price will rise above the current rate at the expiry, or click “PUT” if you think the price will fall below the current rate at the expiry, 5) Enter the amount you want to invest and click "Apply".

 

4) 60 Second trades - Earn as much as 85% PROFIT in just 60 seconds. Make thousands of dollars an hour using Speed Trading. You simply follow the steps of an Up Down Trade: 1) Select the asset, 2) Determine if it is going up or down in the next 60 seconds. ( tip, watch the charts closely ), 3) Determine your investment, 4) Click the Go button.

iOption: a binary options broker for all traders

The iOption platform suits everyone from the experienced trader to the novice investor. You can earn profits up to 85% in a matter of minutes with all risks and rewards fully explained prior to your trade.

Trading at iOption.com is safe and secure. Liabilities and exposure are carefully managed with guaranteed payout of profits according to their terms and conditions.

In addition, iOption received the "Best Education Broker" award in 2012 from binaryoptions.net.au. This award is in recognition of iOption's comprehensive education section which features videos and articles on how to trade binary options.

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