Option365 may offer bonuses at their own discretion, however they do not appear to offer a VIP trading programme. Their software is cutting edge and is accessible enough to be used by clients at all levels of experience from the novice to the professional. Their customer support team can be contacted in several ways, however they do not appear to have the convenient live chat option and their team can only be contacted on weekdays. Their range of assets is very impressive, however, with around 200 available for trading.
Option365 is an online binary options broker with an impressive and cutting edge trading platform that is simple to use and offers 6 different option types. This broker offers an excellent range of underlying assets across the categories of currencies, commodities, futures, indices and stocks. They offer returns of up to 81% on a single trade and they boast a transparent pay out structure as well as educational resources to help clients to maximise their profits. This broker aims to open binary options trading to all clients, whether beginners or skilled professionals.
Option365 is owned and operated by New Markets SA with their headquarters in Samoa. This broker does not appear to be licensed or regulated by any recognised authority or body, however they do offer SSL encryption across their website for their clients’ financial protection. Founded in 2012, this broker makes it quick and easy to register and requires all clients to comply with a strict Know Your Client procedure for their safety.
Option365 offers around 200 assets for trading including:
Currencies – 49
Stocks – 119
Commodities – 10
Indices – 11
Futures – 8
Bonuses & VIP Programs
Option365 states in its terms and conditions that it may offer promotions and bonuses to its clients at its sole discretion, however no specific details are given on its website as to the amounts or types of bonus available. A trading volume of 10 times the deposit amount is required to withdraw any profit made from a bonus payment. Option365 may offer clients a bonus of up to 35% of the value of each deposit up to a maximum sum of $1500. There does not appear to be any type of VIP programme in place for high volume traders from this broker.
Option365 offers a convenient 100% internet based trading interface which allows seamless and speedy access as well as fast trade execution without the need for any installations or downloads of memory intensive software. This also means that traders are not tied to their PC and can access their trading account and place trades from any internet enabled device as long as they are connected to the web from any location in the world and at any time. They also have a mobile app for iOS and Android tablet and smartphone users which gives seamless access to the trading platform wherever the client goes to allow them to take full advantage of trading conditions at any time.
Deposits and Withdrawals
Option365 offers several payment options for making account deposits and withdrawals. These include:
- Diners Club
- Bank transfer
Deposits can be made quickly and easily through the client’s account portal on the broker’s website, and withdrawals are also rapid and simple to execute. Withdrawals are executed by refunding the credit card with which the deposit was paidup to the amount deposited and the remainder of the profits are transferred via bank wire transfer following receipt of suitable identification documentation from the client. The minimum amount which can be withdrawn via bank wire transfer is 300 Euros, or the equivalent in other currencies.
The Option365 client support team can be contacted via several methods to respond to queries and to resolve any issues which may occur.
- Web Form
Support is available from Monday to Friday between 8 am and midnight GMT and the website is available in 2 languages – Russian and English.
Extra Features and Resources
Option365 offers its clients excellent educational resources to help them to learn more about trading binary options. There is an introductory course, ebook and videos available to clients at all levels of experience.
If you are considering choosing Options365 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
- Multilingual website
- Strong SSL encryption
- Educational resources
- Over 200 different assets for trading
- e-Wallet payment methods available
- Returns of around 81% per transaction
- Mobile trading app for Android and iOS devices
- 6 different types of options to choose from
- Bonuses available
- Not regulated or licensed
- No live chat support option
- No extra trading tools available
Can I trade with Option365 using my mobile device?
Increasing numbers of traders are choosing to execute trades from their mobile devices like smartphones and tablets on a regular basis, so companies like Option365 are mobile optimising their platforms to ensure that they offer seamless access to trading accounts and trade executions from any internet enabled device through the provision of a 100% web based platform. As no software needs to be downloaded or installed, it is possible to use the online trading interface on any type of Android or iOS device from anywhere in the world. Option365 also have their own mobile app for iOS and Android users which can be downloaded free of charge enabling convenient on the move access to trading accounts.
Does it cost anything to register with Option365?
It does not cost the client anything to register with Option365 and there are no hidden costs or fees to worry about.
Is Option365 a secure site?
Option365 may not be regulated or licensed, however they do offer excellent security features for their clients’ benefits. The entire site is protected by strong 128 bit SSL encryption and routine security safety checks are carried out by the broker’s team. There is a strong firewall protecting the site as the broker values its clients’ security highly.
Does Option365 offer educational resources?
There are many excellent educational resources offered by Option365 so whether you are a brand new trader or an experienced investor there are ebooks, an introductory training course and videos to help you to maximise your profits.
What kinds of options can be chosen at Option365?
There are 6 types of options offered by this broker including:
- Touch up/down
- One Touch
- 5 Ticks
How do I register with Option365?
It is very quick and simple to register with this broker. Their homepage features a quick sign up web form where you can easily and swiftly enter your details including your name, email and telephone number together with your own devised password. Once you have agreed to the terms and conditions you will be on your way to making your first deposit and executing your first trade.
Can I use an e-Wallet payment method to trade with Option365?
Option365 has realised that many modern traders like to have a wide variety of banking options available to them for making deposits and withdrawals. They have therefore supplied a selection of convenient payment methods for their clients’ benefit, including traditional options like bank wire transfers and credit and debit cards as well as the more modern online options like e-Wallets. For those who prefer to use these online instant payment methods, Option365 has provided Skrill which is a popular and hassle free option which also offers clients an extra layer of security when making their payments as well as greater anonymity.
Can I contact Option365 instantly if I have a problem?
The Option365 customer support team is available for their clients’ benefit in order to address any isssues and answer questions between 8 am and midnight GMT, During these hours, customers can use the telephone helpline or email address, or even the web form on the broker’s website to contact the customer service representatives. Unfortunately, at the present time, there is no live chat option for instant online help and there is no overnight support or help available during the weekends.