CT Option Broker Review

CT Option offer excellent welcome bonuses to all newly registered clients, with up to 100% deposit match bonus available depending on the account level that is opened. There are also some excellent promotional offers including risk free trades, refer a friend bonuses and free coaching sessions available. This broker’s trading platform is advanced and intuitive enough for even beginners to use, and they offer numerous ways of contacting their customer support team. Their choice of assets however is below par with only around 60 available across currencies, indices, commodities and stocks.

Intro

CT Option is a forward thinking binary options broker that caters for the needs of both novice investors and those with more experience in the financial markets. Having been founded by financial professionals with a focus on trustworthiness and reliability, this broker is keen to offer high quality customer support, excellent promotional offers for all clients and a range of useful services and resources including educational materials at both beginner and advanced levels, social trading and auto signals.

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Company Information

CT Option is based in St Vincent and The Grenadines and does not appear to be licensed or regulated by any recognised authority or body. However it does guarantee that all financial transactions carried out through its website are protected by the latest high tech SSL data encryption for peace of mind.

Assets Available

CT Option offers around 60 assets for trading including:

Currencies: 33

Commodities: 4

Indices: 5

Stocks: 23

Bonuses & VIP Programs

All clients who register for a live binary options trading account with CT Option can benefit from receiving a welcome bonus, which could be as high as 100% depending on which account type is opened. This broker also offers a range of other promotional deals to maximise trading potential for its clients including risk free trades, refer a friend promotions and a free training session for new clients. This broker’s highest level trading account for high volume traders is their Platinum account and this comes with a host of excellent perks and benefits including same day withdrawals, personal account managers, cash back deals, auto signals and an insurance policy.

Mobile

CT Option is well set up for clients who prefer to not be restricted to only using their PC for their trading activities. As well as offering a 100% web based trading platform, which needs no installations or downloads in order to function for a faster, smoother trading experience, they have also developed a highly functional mobile app for trading from Android tablets, smartphones and iOS devices. This means that you can easily check your assets and place trades at any time from anywhere in the world. The mobile app offers all of the functionality of the web based platform including access to the live chat system and advanced trading tools.

Deposits and Withdrawals

CT Option offers both classic and contemporary payment options for making account deposits and withdrawals. These include:

• Visa
• MasterCard
• Bank transfer
• Maestro
• Neteller
• Skrill

Withdrawals are generally processed within 2 to 5 working days, however funds may take considerably longer than this to appear in the client’s bank account. A fee of up to 50 units of the account currency will be charged on withdrawals although the first withdrawal up to 100 units of currency is free of charge.

Customer Support

The CT Option customer service team can be contacted via a number of methods including by:

• Live Chat
• Email – there are 7 different email addresses provided for the following teams: General Enquiries, Compliance, Accounts Management, Operations and Dealing Room, Affiliation, Marketing and Customer Support
• Telephone helpline

The CT Option website is available in two languages: English and German.

Extra Features and Resources

There are several useful resources and features offered by CT Option that make them stand apart from the competition. These include a comprehensive educational resources tab where clients can access materials that are helpful for everyone from beginners right up to advanced traders. There are ebooks, courses and webinars to choose from as well as basic trading advice to help point novices in the right direction. Clients can also benefit from a number of helpful features such as auto trading, social trading, daily notifications, a financial calendar and up to date market analysis to inform their trades and to maximise their profits.

Verdict

If you are considering choosing CT Options as your preferred binary options broker, there are a number of positive factors to consider, however there are also some disadvantages too:

Pros

• Cutting edge trading software that is suitable for use by both experienced and novice traders
• 100% online trading interface requiring no installations or downloads
• Mobile trading app for both Android and iOS devices
• Instant customer support via the live chat facility
• Several email addresses available to contact different departments
• International telephone helpline
• Website is in German and English
• Free educational resources for clients at all levels of experience including ebooks, webinars and courses
• Strong SSL encryption across the website
• Excellent choice of deposit and withdrawal methods including e-Wallets like Skrill and Neteller
• Social trading forum
• Exclusive trading features such as market insights and auto trading
• Bonuses are available
• Returns of up to 240% on a single trade

Cons

• Not regulated or licensed by any recognised authority
• Limited range of assets

FAQ

What types of options can be traded through CT Option?

This broker offers 5 different option products including:

• High/Low
• Range
• Hyper
• Social Trading
• One Touch Options

Can I trade with CT Option using my mobile device?

CT Option are aware that clients are now keen to trade not only from their PC but also from their smartphone or tablet while on the move to take advantage of beneficial trading conditions at any time. For this reason they do not only have a 100% web based trading interface which requires no downloads or installations, but which can be accessed from any internet enabled device anywhere in the world, but they have also created an iOS and an Android mobile app which allows for seamless access to trading accounts and execution of trades at any time and place.

Does CT Option offer social trading?

Social trading is a great way for novice investors to learn more about the financial markets by following the trades of more experienced and professional traders. CT Option offers a social trading platform where all investors can copy the trades of other investors and so maximise their potential profits.

Does it cost anything to register with CT Option?

The client does not have to pay a fee to register with CT Option, and there are no hidden charges to worry about.

Can I use e-Wallets to make a deposit with CT Option?

More and more people are keen to avoid traditional banking methods like credit and debit cards and bank wire transfers when trading in binary options as they prefer the safety and anonymity of e-Wallets. CT Option have catered for both those who prefer classic options as well as those who have more contemporary preferences by offering traditional credit and debit cards and bank transfers alongside Skrill and Neteller, two of the most popular e-Wallets which allow for better security and also more anonymity.

Are my funds safe with CT Option?

Although CT Option is not a licensed or regulated binary options broker, they do have compliance procedures in place to ensure that no money laundering can take place. All clients must forward copies of their identification before their account can be verified or any funds withdrawn. Also, the entire website is protected by a strong layer of technologically advanced SSL encryption so that all transactions and personal details are protected from hackers and cybercrime.

Will CT Option help me to learn more about the financial markets?

CT Option have provided a convenient online educational resource centre for their clients’ disposal in an attempt to increase their knowledge of the financial markets and binary options trading. Offering basic advice for beginners as well as more advanced courses, ebooks and webinars to suit the needs of more experienced investors, their educational resources are second to none and can help clients at all levels increase their success when dabbling in the binary options trading market.

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