Ivory Option offers bonuses to its clients at its own discretion, including refer a friend bonuses, although there is little information available on their website about the exact amounts involved. Their software, both through the web based platform and through their mobile apps, is cutting edge and intuitive to use, and their customer service team is knowledgeable, with personal account managers for every client regardless of experience level. Unfortunately, the hours of their client support helplines are very limited and their choice of options is quite small, which is a disappointment.
Ivory Option is a binary options broker that was established by a group of financial professionals with years of experience in the industry. Offering an efficient, organised and cost effective trading environment for both complete beginners and experienced investors alike, this broker offers a personal account manager for every client regardless of their level of experience as well as useful education resources for both novices and advanced traders to help them to expand and hone their skills.
Ivory Option is owned and operated by Arya Group Ltd and are based in Bulgaria. Although this broker is not licensed or regulated by any recognised body or authority, it does ensure that all client funds are kept in segregated accounts for peace of mind and security in the event of a financial crisis. All financial transactions through this broker are protected by strong encryption software to ensure that they are protected from cybercrime, and compliance procedures must be met with regards to proving identification before funds can be withdrawn.
Ivory Option only offers around 60 assets for trading including:
Bonuses & VIP Programs
Every client who registers for an Ivory Option trading account can benefit from generous one time bonuses depending at the broker’s own discretion, however no detail is given on the amounts on offer on their website. There is a trading condition, however, that the client must trade a volume of 25 times their bonus amount before being able to withdraw any of the their profits.
There is also a refer a friend bonus available to those who introduce another client to the broker.
There is no VIP account available to clients from this broker.
Ivory Option has a cutting edge 100% web based trading platform which allows for clients to access their accounts and to place instant trades without ever having to download any software or install it on their PC. This is especially convenient in this day and age when trading from a PC is becoming outdated, and more and more clients are turning to their mobile internet enabled devices to execute trades and to access their trading account. Ivory Option also offers two mobile apps which are available for download from the Google Play Store or the Apple Play Store as well as the broker’s website itself for both iOS and Android devices. This app allows seamless access to the client’s own account and gives completely functionality over checking assets and executing trades. It can be used at any time of the day or night and can be used from any location in the world, making it an extremely convenient way to trade on the move.
Deposits and Withdrawals
Imperial Options only offers traditional banking methods by which deposits and withdrawals can be made, which is rather disappointing. These include:
- Bank transfer
Their lowest minimum deposit is $250, and although there is no maximum deposit amount, the most that can be deposited in a single transaction via a credit card is $20,000. Only $20,000 can be deposited in a single day.
The minimum sum which can be withdrawn is $100 via a credit card or $500 by bank transfer.
The Ivory Option customer service team can be contacted via a number of methods including by:
- Live Chat
- Telephone helplines
From Monday to Thursday, Ivory Option offers customer support from 6 am until 7 pm and on Fridays, support is available from 6 am until 1 pm. There are 5 telephone helplines based around the world including those in:
- The UK
- New Zealand
- South Africa
There is also a useful frequently asked questions section of the website to address any simple commonly posed queries.
Extra Features and Resources
Ivory Option has designed a helpful educational resource centre to try to educate its clients about the best ways to be successful in binary options trading. As well as offering basic advice for beginners, there are also more advanced resources aimed at intermediate and advanced traders, and all of their courses are divided into sections according to ability so it is easy to find the most helpful courses for you. Ivory Option also has its own TV channel for its clients use.
If you are considering choosing Ivory Option as your preferred binary options broker, there are a number of positive factors to consider, however there are also some disadvantages too:
- 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 telephone helplines around the world
- Multilingual support
- Ivory Trader TV channel
- Free educational resources for clients at all levels of experience including ebooks and tutorials
- Strong SSL encryption across the website
- Refer a friend bonuses available
- Segregated accounts
- Bonuses are available
- Personal account managers for all clients
- Not regulated or licensed by any recognised authority
- Limited range of assets
- Limited hours when support is available
What types of options can be traded through Ivory Option?
This broker offers 4 different option products including:
- 60 seconds
- One Touch Options
- Option Builder
Can I trade with Ivory Option using my mobile device?
Ivory Option knows that clients these days are keen to trade from mobile devices as well as from their PC in order to take advantage of trading conditions at any given moment. Therefore, they do not just have a 100% web based trading platform which needs no downloads or installations, and which may be accessed from any internet enabled device worldwide at any time, but they have also created iOS and an Android mobile apps which allow for access to trading accounts and the placement of trades at any time and in any place.
Does it cost anything to register with Ivory Option?
The client does not have to pay a fee to register with Ivory Option, and there are no hidden charges to worry about.
Are my funds safe with Ivory option?
Although Ivory 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 client funds are also kept in segregated accounts for peace of mind in the event of a financial crisis. Also, their entire website is fully protected by a layer of technologically advanced SSL encryption software so that every transaction and all personal details are well protected from hackers.
Will Ivory Option help me to learn more about the financial markets?
Ivory Option offers a helpful online educational resource centre for their clients to use so they can increase their trading knowledge and their abilities in the financial markets. Offering basic advice aimed at complete beginners as well as advanced resources and video courses to suit the needs of experienced investors, there are plenty of useful educational resources which can help clients at all to increase their chance of achieving success when binary options trading. The resources are all sorted by ability level, so it is easy to find the most appropriate advice. Also, Ivory Option offers their own TV channel of useful guidance.
How do I open an account with Ivory Option?
If you have decided that Ivory Option is the broker for you, you can register online quickly and easily for a live trading account. You simply click on the Open Account link at the top of the homepage and then complete all of the relevant personal details. It’s as simple as that. You will then receive a welcome email in which you must click the link to verify your account. Once you’ve done that, you’re ready to deposit your first sum of money, and to send copies of your identification documents to prove your identity before placing your first trade.