Zone Options is an extremely reliable binary options broker which offers an impressive range of over 150 different assets for trading. Their customer support services are excellent and are available 24 hours a day and their software is cutting edge, being accessible through PCs or mobile devices. The only area in which this broker falls down is their lack of any bonuses to either new or existing clients.
Review Overview
Bonuses - 0%
Software - 90%
Customer Support - 90%
Options Choice - 80%
65%
Good Quality Broker
Summary : Trusted Broker
Intro
Zone Options is an established, high quality binary options broker that offers an excellent level of service to its clients. As well as offering excellent educational resources to all clients, this broker has an extensive assortment of assets and option types to choose from. There are also four different account types offered by this broker so that both new and highly experienced traders alike can find an account that best suits their needs and preferred trading style.
Company Information
Zone Options is part of the Spot Capital Markets Ltd brand and is based in Cyprus. This broker is CySEC regulated and licensed for the clients’ peace of mind and all client funds are kept in segregated accounts for extra safety. The site is protected by strong SSL encryption and all compliance procedures are strictly adhered to so clients can feel extremely safe when choosing this broker. Unfortunately, however, clients from several countries are not accepted including those from Afghanistan, Australia, Belgium, Canada, Iran, Iraq, Japan, North Korea, New Zealand, Turkey, and the USA.
Assets Available
Zone Options offers around 150 assets for trading including:
Currencies – 30
Stocks – 93
Commodities – 9
Indices – 32
Bonuses & VIP Programs
Zone Options does not appear to offer any type of bonuses or promotions to either its newly registered or existing clients. However they do offer a VIP programme for their highest volume clients. The benefits associated with this account include a personal account manager, access to daily market reviews, access to educational resources, payouts of up to 86% and 10 weekly trading sessions, custom trend signals, express withdrawals and training on graphic analysis, custom alerts and customized risk management strategies.
Mobile
Zone Options 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
Zone Options offers several payment options for making account deposits and withdrawals. These include:
- Visa
- MasterCard
- Delta
- Maestro
- Visa Electron
- Solo
- Bank transfer
- 20 different types of e-Wallet
The minimum amount which can be deposited is £250/250 Euros/$150 and the maximum amount that can be deposited per transaction is $5000/5000 Euros when using a credit card. There is no maximum limit of bank wire deposits. Withdrawals are quick and easy to action and will be paid via the original depositing method. Withdrawals are processed within 3 working days of receipt and may take up to 5 working days to appear in the client’s account.
Customer Support
The Zone Options client support team can be contacted via several methods to respond to queries and to resolve any issues which may occur.
- Live Chat
- Telephone
- Web Form
There is a useful frequently asked questions section to address any basic enquiries commonly posed by new clients.
Support is available 24 hours a day 7 days a week and the website is available in 2 languages – Spanish and English.
Extra Features and Resources
Zone Options offers its clients excellent educational resources to help them to learn more about trading binary options. There are ebooks and video courses available to clients at all levels of experience as well as a glossary to help new traders to learn all of the basic trading terms that they are likely to encounter. There are several other excellent special features available through this broker including access to trading signals, an economic calendar and daily analysis.
Verdict
If you are considering choosing Zone 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
- Instant customer support via the live chat facility
- Multilingual website
- Strong SSL encryption
- Regulated by CySEC
- Access to trading tools
- Educational resources
- Four account types
- 24 hour customer support
- VIP accounts with extra benefits
- Mobile trading app available for iOS and Android users
- Over 150 different assets for trading
- 6 different types of options to choose from
Cons
- Clients from Afghanistan, Australia, Belgium, Canada, Iran, Iraq, Japan, North Korea, New Zealand, Turkey, and the USA are not accepted
- No bonuses are available
FAQ
Can I trade with Zone Options 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 Zone Options 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. Zone Options 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 Zone Options?
It does not cost the client anything to register with Zone Options and there are no hidden costs or fees to worry about.
Which currencies can I open a Zone Options account in?
There are several different currencies that you can use to open your Zone Options account. These include:
- US Dollar
- Euro
- Pound Sterling
Once you have selected a trading currency you will be unable to change to a different one at a later time.
What account types are offered by Zone Options?
There are 4 account types offered by Zone Options including:
- Beginner – a deposit of $250 is required. Clients benefit from a personal account manager, access to daily market reviews, access to educational resources, payouts of up to 82% and 1 weekly trading session.
- Advanced – a deposit of $1000 is required. Clients benefit from a personal account manager, access to daily market reviews, access to educational resources, payouts of up to 84% and 3 weekly trading sessions, trend signals, express withdrawals.
- Professional – a deposit of $5000 is required. Clients benefit from a personal account manager, access to daily market reviews, access to educational resources, payouts of up to 84% and 5 weekly trading sessions, trend signals, express withdrawals and training on graphic analysis.
- VIP – a deposit of $10,000 is required. Clients benefit from a personal account manager, access to daily market reviews, access to educational resources, payouts of up to 86% and 10 weekly trading sessions, custom trend signals, express withdrawals and training on graphic analysis, custom alerts and customized risk management strategies.
Does Zone Options offer educational resources?
There are many excellent educational resources offered by Zone Options so whether you are a brand new trader or an experienced investor there are ebooks and videos to help you to maximise your profits as well as a glossary to introduce traders to the most commonly used trading terms.
What kinds of options can be chosen at Zone Options?
There are 6 types of options offered by this broker including:
- High/Low
- 60 Seconds
- Pairs
- Ladder
- One Touch
- Long Term
I am from the USA can I register with Zone Options?
Unfortunately due to being a CySEC regulated broker Zone Options are not able to accept any clients from the following jurisdictions: Afghanistan, Australia, Belgium, Canada, Iran, Iraq, Japan, North Korea, New Zealand, Turkey, and the USA.