Copyop Broker Review

There is no evidence from the Copyop website that any bonuses or perks are available to any clients, either newly registered or existing, however their trading software is innovative and intuitive, offering a modern trading experience for clients at all levels. Customer support is somewhat lacking when it comes to offering a breadth of contact options and there is very little information available about the number of assets available for trading, although they encompass currencies, stocks, indices and commodities.

Intro

Copyop is an innovative social trading binary options platform which was only launched a couple of years ago as the first ever platform of its kind. This broker offers a unique set of features, allowing clients to copy other designated traders and to benefit from professional traders’ knowledge with just one click. This innovative broker helps traders to manage their own level of risk while offering excellent security.

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Company Information

Established as recently as 2012, Copyop was the first ever binary options social trading platform and was a pioneer in its field. Owned by the same team that is behind the world’s oldest binary option broker sites, Anyoption, Copyop is regulated by CySEC and the South African Financial Services Board for the client’s peace of mind. Copyop is operated by Ouroboros Derivatives Trading Ltd and is based in Cyprus. Offering over 5 million copyable investments each year, Copyop is an interesting choice of broker for anyone who is looking for an unusual and forward thinking trading experience.

Assets Available

There is no information available on the Copyop website to show the number or type of assets that are available for trading with this broker. The only details provided show that this broker offers a range of local and global assets from top worldwide stock exchanges including currencies, indices, stocks and commodities.

Bonuses & VIP programs

Copyop does not appear to offer any types of bonuses to clients, whether they have newly registered for a live trading account or whether they are already existing clients. There also appear to be no specific VIP perks or bonuses for high volume traders.

Mobile

Copyop’s web based trading interface can be accessed at any time and from any worldwide location using any device that is internet enabled. However, for those who are looking for an even more convenient solution for trading on the move, Copyop also offers free mobile app which can be downloaded from the Apple Store or Google Play store for iOS or Android devices. This app offers all of the functionality of the desktop version, giving clients the freedom to access their account seamlessly at any time and in any place and to execute trades while away from their desks.

Deposits and Withdrawals

Copyop allows for deposits and withdrawals to be made via several convenient methods including:

• Debit cards
• Credit cards including Visa, Amex, MasterCard
• Bank wire transfer

Deposits can be made in one of three currencies: Pounds Sterling, Euros or US Dollars. Withdrawals can be easily and quickly actioned through the client account area of the website and credit card withdrawals attract a fee of 3.5% while bank wire transfer fees are charged at a rate of 30 Euros/US Dollars/Pounds Sterling.

Customer Support

Copyop offers limited methods by which their customer support team can be contacted. There is a web form which clients can complete on the Contact Us section of the home page to have their questions addressed, or alternatively there is an email address which clients can use. There is no provided telephone number for a helpline and there are also no live contact methods by which a representative can be spoken to urgently. There is a frequently asked questions section of the website which aims to address some of the most commonly raised questions, and this could prove useful for those who are looking for a brief and concise response. The website is available in multiple languages to serve the needs of clients from around Europe including:

• English
• Spanish
• German
• Italian
• French
• Dutch
• Swedish
• Czech
• Polish
• Portuguese

Extra Features and Resources

Copyop do not appear to offer any educational resources or any additional features above and beyond their basic trading platform for the benefit of its clients.

Verdict

Overall, Copyop is an interesting and unique concept in binary options brokerage services, and may be an exciting choice for traders who are interested in social trading and who are keen to try a new and different trading experience. However, there are a number of downsides to choosing this broker that may deter a number of investors.

Pros

• Web based and intuitive trading platform
• Unusual and original concept in social trading
• Strong encryption for the client’s security
• Regulated by CySEC and the South African Financial Services Board for the client’s peace of mind
• Segregated funds
• Free mobile apps for both Android and iOS devices
• Multilingual website
• Operated by a reliable company

Cons

• Traders from outside Europe are not accepted
• No e-Wallet payment methods are accepted
• No bonuses or VIP perks
• No live chat contact options

FAQ

Why does Copyop stand out from other brokers?

Copyop is a unique choice among online binary options brokers as it was the first ever social trading binary options platform. Founded in 2012, this broker is an original concept in trading which allows European traders to select an asset in which they have an interest and to copy the trades of professional and skilled investors in order to maximise their profits. The unique feature offered by Copyop is the social experience of trading and the sense of fun that it brings to the financial markets which is something that other binary options brokers do not offer. Copyop only offers 100% accurate and real data with all profiles belonging to genuine traders. Because Copyop is connected to the popular Anyoption platform, a well known and reliable broker, clients have the choice of tens of thousands of trades every hour to ensure that they have the best possible chance of making a profit from their investment.

Is my money safe with Copyop?

Traders can rest assured that their financial and personal information is in safe hands with Copyop. Not only is this broker regulated and licensed by the South African Financial Services Board and CySEC but it also holds all client funds in segregated accounts for extra security and for the client’s peace of mind. Not only that, but the entire website and all financial transactions processed through it are protected by strong technologically advanced SSL encryption to guard against potential cybercrime and hacking so all clients can be certain that their money is in very safe hands.

Can I trade from my mobile phone with Copyop?

Trading on the go is extremely popular with today’s modern investors, and Copyop have ensured that this is a service that is available to all of its clients. The Copyop trading platform is 100% web based so that it can be quickly and easily accessed from any internet enabled device without any need for memory intensive downloads or installations, however for even greater convenience, Copyop have also developed a functional mobile app which is downloadable free of charge to Android or iOS devices for a seamless trading experience while on the move.

How does Copyop work?

Copyop works in a different way to other binary options brokers. When a client trades through the Copyop platform they copy another trader by applying their trade to their own trading account. This means that the system copies the trade on the client’s behalf, selecting the same asset, the same level and the same direction as the chosen trader. The client can choose their own investment amount, the asset and the total number of investments that they wish to make. By carefully choosing the most skilful investors to copy, clients can maximise their profits and learn more about the principles of successful investment.

English isn’t my first language, can I view the website in my home language?

The Copyop website is available in multiple languages to cater for the needs of clients around Europe. The available language options include:

• English
• Spanish
• German
• Italian
• French
• Dutch
• Swedish
• Czech
• Polish
• Portuguese

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