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GOptions Review

GOptions
Min. Deposit: $200
Min. Investment: $5
Signals: No
Rating: Rated with 5 stars
Regulated Broker: Not available
USA: Not available
  1. GOptions

    Goptions is one of the most constant brokers in binary options industry, online since 2009. Their mission is to provide traders around the world a safe platform with top notch trading services. For you to have more information about GOptions, read below in our GOptions review.

    Goptions accept traders worldwide, including US citizens.

    This way, US traders can also explore their platform and trade binary options with this trustworthy binary options broker. GOptions allows traders to make transactions with USD, GBP and EUR. Minimum deposit amount to trade with GOptions is $200, while maximum possible bonus is unlimited and maximum returns 90%. Minimum investment is set to $5 and maximum investment on $5000.

    This broker is owned by Go Trading Technologies Ltd.

    GOptions Platform and Services

    During GOptions review, we noticed they use SpotOption software, which is one of the most used in binary industry. Interface is user-friendly and easy to use when you navigate on the trading platform. To its traders, GOptions enables an early close. There are many available trade options for binary options traders to use them: 60 Seconds, High/Low, One Touch, Pair Options and Option Builder.

    Traders can also choose between variety of different expiry times, which include: 30 seconds, 60 seconds, 2 minutes, 15 minutes, 30 minutes, 1 hour, end of day, end of week and end of month. GOptions is actually the first broker who offers forex trading on SpotOption platform, which is end of day trading. They also offer Islamic account, an account that is interest free, intended for Islamic population. GOptions provide platform on several different languages: English, German, Russian, Arabic and Greek.

    Also, GOptions offers many attractive bonuses to its new and regular traders. Bonus policy comes in terms of GOptions promotions program. If traders choose to accept bonus, they are required to execute several trades in value of 30 times of initial bonus fund. Traders are offered with welcome bonus; bonus height depends on the chosen account type. It is also possible to receive a Refer a Friend bonus. Trader is eligible to receive this bonus when he refers a friend.

     

    Traders have on their disposal a wide range of available underlying assets. They can choose between currencies, stocks, commodities and indices. On this platform, traders can use several trading tools in order to achieve success in binary options trading. Rollover and Double Up are one of the common used. Rollover is stop loss strategy, which allows traders to postpone expiry time of the chosen option.

    So when the financial market disagrees with you that your prediction is not going to be on target of the next expiry date, then you can press Rollover button and activate it, which gives you possibility to close in the money. Rollover is available 10 minutes before the option expires and you can turn possible loss to a gain. This feature can be applied only per each specific option.

    Another useful feature is Double Up, which traders can use when they are close to expiry and are convinced their prediction is correct. Then, they can choose Double Up button to have a possibility to do it again. Traders often use this feature to create completely new trade, but with the same conditions, so actually, this is a way to double the investment.

    GOptions provides traders with a new trading feature, recently added on the trading platform and it’s called Buy Me out. This feature allows traders to sell the option even before expiry date arrives. It’s available up to 1 hour before the expiry time. This way, it limits and reduces loss and in the same time, secures profit gain.

    As mentioned above in GOptions review, traders worldwide can choose among many available trading services on GOptions platform. Demo account and mobile trading are the most used services in binary options trading.

    Mobile trading is increasing widespread among traders worldwide, thanks to great advantages. GOptions offers traders a mobile app that can be downloaded from App Store and Play Store. Mobile app can be used on tablets and smartphones, which is excellent way to continue trading binary options on the go.

    On the other hand, demo account is considered to be a very useful trading feature, that is mostly used by traders who just joined binary options industry. Since we are talking about demo account, it is important to emphasize how this is risk free account because traders use only virtual money.

    This way, there is no potential loss and no element of fear in trading process. Traders can test the platform and try out different trading strategies and see how does trading process actually work. When they feel they have improved their trading skills, they can stop using demo account and make a deposit on one of the five available account types.

    GOptions Account Types

    GOptions offers 5 account types for traders worldwide, with different available trading tools and features. These account are: Micro, Mini, Standard, Gold and VIP Platinum.

    GOptions Micro Account ($200 – $499)

    • 25% welcome bonus
    • further bonus for each redeposit equal to 10% of value
    • daily and weekly market reviews

    GOptions Mini Account ($500 – $999)

    • 35% welcome bonus
    • further bonus for each redeposit equal to 20% of value
    • daily and weekly market reviews
    • weekly improvements and call sessions
    • option: 4x $25 risk free trades

    GOptions Standard Account ($1000 – $4999)

    • 50% welcome bonus
    • further bonus for each redeposit equal to 35% of value
    • daily and weekly market reviews
    • weekly improvements and call sessions
    • option: 4x $50 risk free trades

    GOptions Gold Account ($5000 – $9999)

    • 75% welcome bonus
    • further bonus for each redeposit equal to 50% of value
    • daily market reviews and weekly improvements
    • personal account manager and private Skype entrance
    • fundamental and technical strategy education on weekly basis
    • financial trade alerts
    • 10% Insurance in case of total losing month
    • paid month of auto trading signals
    • option: 4x $250 risk free trades

    GOptions VIP Platinum Account ($10000 – $250000)

    • 100% welcome bonus
    • further bonus for each redeposit equal to 100% of value
    • daily market reviews and weekly improvements
    • personal account manager and private Skype entrance
    • fundamental and technical strategy education on weekly basis
    • financial trade alerts
    • 10% Insurance in case of total losing month
    • 3 paid month of auto trading signals
    • $100000 and receive GOptions personal credit cards
    • option: 4x $500 risk free trades

    GOptions Customer Support

    GOptions offers several customer support modes to their traders. Traders from around the world can contact this broker via email [email protected], live chat or via telephone. On live chat, customer support is available within few seconds, as soon as traders enter the SpotOption platform.

    For their registered traders, GOptions has prepared an excellent Education Center. Here, traders can find complete guide on how to trade with binary options and how to profit from it. In Goptions Education Center are included following features: market analysis on daily basis, e-books, trading videos, trading articles and webinars. With this, GOptions covers a lot of levels in binary options trading.

    GOptions Banking and Company

    With GOptions, security of trader’s funds are the primary goal. GOptions uses SSL Encryption Technology to ensure binary traders with the highest safety level. Depositing and withdrawing present no difficulties for traders during our GOptions review. It is only required to provide few documents in order to start trading binary options. With GOptions, it is possible to make transactions through a variety of payment methods, including debit and credit cards, bank wire and e-wallets.

    • card payment – Maestro, Visa, Visa Electron, Mastercard, Carte Bleue, Paysafe Card
    • bank wire transfer
    • e-wallets – Skrill Moneybookers, CashU, WebMoney, POLI and iDeal

     

    To be able to deposit with GOptions, traders have to submit photo ID, proof of address and copy of credit card (without visible card numbers). All these documents should be sent on email [email protected]. As mentioned previously in the review, minimum deposit amount is set to 200 (European Euro, American Dollar or British Pound).

    As regards to withdrawal process, same simplicity can be applied. Minimum withdrawal amount is $100. If traders wish to withdraw their funds through credit card, no fees is charged. For bank transfer, there is $25 fee charged. When traders submit a withdrawal process, it can take up to 3 business days until GOptions process the request.

    It takes also extra 5-7 days for money to be visible on trader’s account. Submitted documents are the same as in deposit process. For any additional assistance, traders can contact GOptions Customer Support.

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