Sigma Option is a secure binary options broker that offers some innovative and impressive bonuses for its clients. It uses state of the art technology on its trading platforms and it boasts and impressive 24 hour client support service via numerous contact options. Their range of underlying assets is extremely extensive too, with around 200 on offer to choose from.
Review Overview
Bonuses - 80%
Software - 90%
Customer Support - 95%
Options Choice - 90%
89%
Good quality broker
Summary : Very trusted broker
Intro
Sigma Option is an innovative binary options broker that was founded by a team of financial professionals with years of experience in the industry. Offering an excellent mix of security, features, choice, tools and educational resources, this broker offers a user friendly experience that even complete novices can get to grips with easily. This broker offers a great choice of payment methods and an excellent level of customer support so that all clients can get the answers that they need to facilitate their trading experience.
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Company Information
Sigma Option is based in the UK and although they are not a licensed or regulated operator, they do offer a secure trading experience thanks to their strong SSL encrypted website which protects their clients’ personal and financial details from hackers. All client funds are also stored in an EU bank account for peace of mind.
Assets Available
Sigma Option has around 200 assets available for trading.
Currencies – 32
Indices – 44
Commodities – 19
Stocks – 100
Pairs – 24
Bonuses & VIP Programs
Sigma Option offers some innovative bonus programmes for the benefit of its clients including their Fresh Start offer which offers those who have lost money with other brokers or on other investment opportunities the chance to regain their losses by switching to Sigma Option with evidence of their loss. They also have a winning streak bonus which offers extra profits to those who win several times in a row. Their VIP programme offers free trading signals, 1 to 1 training and automated trading options as well as access to advanced charting tools. There is also a deposit bonus for newly registered clients of up to 100% of their deposit amount.
Mobile
Sigma Option 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 offer their own iOS and Android mobile app which allows clients to trade from the palm of their hand no matter where they are in the world. These apps can be downloaded free of charge from the Apple Store or Google Play store or from the broker’s own website.
Deposits and Withdrawals
Sigma Option offers an extensive range of payment options for making account deposits and withdrawals. These include:
- Visa
- MasterCard
- Bank transfer
- Carte Bleue
- Web Money
- Maestro
- Western Union
- 20 digital methods
Clients can open an account in either US Dollars, Euros or Pounds Sterling and the minimum deposit amount is $250. There is a maximum deposit amount if you pay via credit card of $5000 or Western Union of $10,000, however there is no minimum limit imposed on withdrawals. Bank wire deposits can take up to 5 days to be received and have a minimum limit of $500.
Customer Support
The Sigma Option client support team are available 24 hours a day, seven days a week to respond to queries and to resolve any issues which may occur. They can be contacted via a number of methods including by:
- Live Chat
- Web form
- Fax
- Telephone helplines in 11 countries
Clients can also contact their personal account manager directly in order to ask any questions at any time.
The website has a frequently asked questions section so that clients can immediately get an answer to all of the most common basic queries which are regularly posed.
The website is also available in 7 languages including:
- English
- Arabic
- German
- Dutch
- Italian
- Russian
- Swedish
Extra Features and Resources
Sigma Options offers educational resources for all its clients including useful articles and video courses so that they can maximise their earning potential. There is also an up to date economic calendar, a strategy advisor and real time charts.
Verdict
If you are considering choosing Sigma Option 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
- Instant customer support via the live chat facility
- 24 hour client assistance
- Several impressive bonuses are available
- E-Wallet deposit and withdrawal methods
- Personal account managers
- Multilingual website
- Multilingual support
- Free educational resources
- Strong SSL encryption
- 90% commission free payouts
Cons
- Not regulated or licensed by any recognised authority
- No clients from the USA are accepted
FAQ
What types of options can be traded through Sigma Option?
This broker offers 6 different option products including:
- Call/Put Options
- 60 seconds
- Pairs
- Ladder
- One Touch
- Long term
Can I trade with Sigma Option 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 brokers like Sigma Option 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. They also have mobile trading apps for Apple and Android tablet and smartphone users which can be downloaded free of charge and which allow even more convenient trading and account access when away from the office.
Does it cost anything to register with Sigma Option?
It does not cost the client anything to register with Sigma Option as their chosen binary options broker and there are no hidden fees or charges to worry about.
What are the benefits of trading with Sigma Option?
There are some excellent and unique promotional offers for those who choose to trade with Sigma Option including their Winning Streak and Fresh Start programmes. Clients can also benefit from secure SSL encryption across all transactions for peace of mind and commission free returns of up to 90%. There are plenty of free educational resources to make use of, and clients can enjoy 24/7 access to customer support so that they can get the help they need whenever it is required. There are also many option types to choose from.
How do I open an account with Sigma Option?
Opening an account with Sigma Option is very similar. Simply click on the Open Account tab on the broker’s home page and complete the necessary personal details. Once you have done so, you can supply your identification documents and deposit you initial sum of money so that you can begin trading.
I am from the USA, can I trade with Sigma Option?
Unfortunately at the present time clients from the USA are not permitted to use Sigma Option as their broker, and this extends to any USA clients who reside in the UK.
Does Sigma Option offer educational resources?
Sigma Option, like many binary options brokers today, recognises that its clients want to become more informed about the financial markets and are keen to hone their skills in order to maximise their chances of success in trading. Therefore, they have free educational resources available to all clients including articles and free videos so that even brand new traders can learn more about how to be successful. There is also a glossary of commonly used terms so that complete beginners can understand the basics of investment and a frequently asked questions section which enables novices to get to grips with the first steps of trading.