Bit Plutos Broker Review

Bit Plutos offers an excellent welcome bonus to new clients as well as an exchange bonus, no risk trades and occasional giveaways. This modern and forward thinking broker also boasts a technologically advanced trading platform which is highly secure. On the downside, this broker only offers around 60 assets for trading, considerably fewer than most of its rivals, and there are limited customer support contact methods available.

Intro

Bit Plutos is a new and exciting concept in binary options trading, being the first broker to operate fully on Bitcoins rather than traditional payment methods. Run by skilled professionals, this company has plenty to offer both novice investors and experienced traders alike thanks to their many additional features, state of the art trading platform, potential for high percentage profits and personal account manager service.

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Company Information

Bit Plutos was established in 2014 and is a Seymour Marketing Ltd Brand, an EU company that is based in London, UK. Although this broker offers a very secure trading platform, it does not appear to be licensed or regulated by any recognised authority.

Assets Available

The assets offered by Bit Plutos include:

FX – 11 currency pairs

Commodities – 7

Indices – 20

Stocks – 19

Overall, there are only around 60 underlying assets to choose from with this binary options broker.

Bonuses & VIP programs

All newly registered clients can benefit from receipt of a welcome bonus which is on a sliding scale depending on the amount of Bitcoins deposited. Clients who deposit 1 Bitcoin enjoy a 50% bonus, those who deposit 3 Bitcoins get a 75% bonus and those who deposit 5 Bitcoins or more benefit from a 100% bonus. For investors who want to exchange Bitcoins on the site there is an Exchange Bonus from 100% to 200% depending on value, and no risk trading is also offered by this broker. Those depositing 1 Bitcoin benefit from 5 risk free trades, anyone depositing 3 Bitcoins get 10 risk free trades and anyone depositing 5 Bitcoins can have 15 risk free trades. There are also VIP giveaways for the highest level clients including a free iPads or MacBook Air.

Mobile

The Bit Plutos trading platform requires no downloads or memory intensive installations as it is entirely web based. This means it can be accessed easily and conveniently from anywhere in the world via an internet enabled device for the simplest access to online trading. However, to make trading on the go even more simple, this broker also offers a dedicated mobile app which can be quickly and easily downloaded to any Android or iOS device. Boasting all of the functionality of the desktop application, the mobile app allows seamless trading from any worldwide location at any time.

Deposits and Withdrawals

Bit Plutos is the first binary options broker to operate entirely in Bitcoins. Clients can deposit funds via their Bitcoin wallet, however they can also use other available methods to deposit funds with the money then being transferred into Bitcoin. The available methods include:

• Bitcoin wallet
• Skrill
• Neteller
• Bank wire transfer

The minimum amount which can be withdrawn is 0.1 Bitcoins and no identification documents are required for withdrawals, so that the process is entirely anonymous. There is no limit on the amount that can be deposited although regular investors must deposit a minimum of 0.025 Bitcoins to begin trading. Should clients wish to receive support from an account manager, they must deposit a minimum of 0.5 Bitcoins and those who want access to a VIP account must deposit at least 1 BTC. If deposits are made via bank wire transfer a 50 Euro commission is applied and it can take up to 5 working days for funds to appear in the client’s account.

Customer Support

There are only a limited number of ways in which Bit Plutos can be contacted. The available options include:

• Online web form
• Telephone
• Email – 2 email addresses, one for Support and one for payments

There are no convenient instant online methods such as Skype or Live Chat available.

Extra Features and Resources

Bit Plutos offers a helpful educational resource centre for the benefits of its clients at all levels of experience. There are courses, ebooks and videos to choose from encompassing everything from the basics of trading and investment to advanced techniques and strategies. There is also a glossary provided on the broker’s website so that novice investors can easily find out the meaning of commonly used terms.

Verdict

Overall, Bit Plutos is an unusual but exciting choice of binary options broker with many interesting features that may appeal to potential clients, however there are also some downsides.

Pros

• Cutting edge, technologically advanced trading interface
• A 100% web based trading terminal which needs no downloads or installations
• Ability to pay via Bitcoin wallet, e-Wallet or bank transfer
• Rapid withdrawals and deposits
• Exciting brand new all-Bitcoin trading platform
• Impressive welcome bonuses for all newly registered clients
• Exchange bonuses and risk free trades
• Strong security
• Client anonymity
• Free educational resources on a range of topics for all traders at all levels of experience including videos, courses and ebooks
• Additional benefits for VIP clients including free Macbook Air or iPad
• Convenient mobile app for Android and iOS devices
• Personal account managers

Cons

• Very limited range of assets to choose from
• Not licensed or regulated by a recognised authority
• Limited customer support options with no instant support provision

FAQ

Is there a minimum or maximum trade amount with Bit Plutos?

Bit Plutos have set a minimum trade amount of 0.005 BTC for Regular investors, 0.05 BTC for Silver investors and 0.1 BTC for VIP investors. The maximum trade amount for any investor is 5 BTC.

Can I remain anonymous with this broker?

One of the greatest advantages of choosing Bit Plutos as your preferred binary options broker is that they offer complete anonymity to their clients. Although there is the option of opening a regular trading account where all personal details are supplied, there is also the possibility of opening an anonymous account with no need to give any intrusive information. The only personal information necessary to open this type of account is an email address and a password. There is even no need for verification for this account type.

Is Bit Plutos a secure broker?

There is no need to have any worries about the security of your financial transactions when you choose Bit Plutos. Their website is well protected with high level SSL encryption software which means that all Bitcoin transactions are effectively protected from potential hacking or cybercrime.

Can I trade using my mobile device?

While the Bit Plutos trading interface is entirely web based, meaning that there is no need to download or install any software and that access can be gained easily from any internet enabled device, this broker also offers its clients the possibility of downloading their own convenient mobile app for Android or iOS devices. This platform brings all of the functionality of the desktop version to the palm of your hand, offering seamless access to your trading account at any time and from any location, even while on the move.

What types of options are available from Bit Plutos?

Clients can choose from six different types of options with this broker:

• Long term
• Short term
• Ladder
• Pairs
• Forex
• One Touch

What can Bit Plutos offer that other brokers cannot?

Bit Plutos offers something very different from other binary options brokers on the market since it was the first ever operator to allow Bitcoin trading together with complete anonymity for its registered clients. Bit Plutos also has many other excellent features to offer its customers including the SpotFollow feature and a comprehensive education centre with a wealth of helpful resources for clients at all levels of experience, from the beginner to the advanced trader. The number of bonuses available from this broker also make it stand out from the crowd, with risk free trades, a welcome bonus and an exchange bonus available for even lower level account holders as well as technology free gift giveaways for VIP clients. Most account holders can benefit from the services of a personal account manager and as withdrawals are instant, with no fees charges on Bitcoin acquisition, it is easy to see why Bit Plutos is becoming a very popular choice.

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