Redwood Options Review

Redwood Options
Min. Deposit: $200
Min. Investment: $10
Signals: No
Rating: Rated with 5 stars
Regulated Broker: Not available
USA: Not available
  1. Redwood Options

    This broker is closed. Trade with IQOption instead.

    Present in binary options industry since 2013, Redwood Options is considered to be a trustworthy broker who offers safe trading platform with a variety of trading instruments and services. Read our Redwood Options review to know more about this broker and features offered to their registered traders worldwide.

    To deposit with Redwood Options, minimum amount is $200. For bank wire transfer, minimum deposit amount is $500. Maximum return is 81% and maximum bonus is set to $10000. With this broker, traders can deposit through many available currencies: USD, EUR, CAD, GBP, JPY and AUD.

    Minimum investment with Redwood Options is $10 and maximum investment  $5000. Traders around the world are allowed to trade binary options with this brokers and that includes US traders also.  

    Redwood Options Trading Platform

    As its software, Redwood Options uses SpotOption, a simple and easy to use where traders shouldn’t have any difficulties while trading. Traders can use a variety of different tools and services that this broker provides. Available trade options with Redwood Options are: High/Low, One Touch, Pair Options, Meta Charts and Option Builder.

    To be able to trade on these options, different expiry times are on trader’s disposal. Traders worldwide can trade on 60 seconds, 15 minutes, 30 minutes, 1 hr, 24 hr +, end of day and end of week.

    redwood300 free account

    When we mention assets, there are more than 150 different underlying asset types. This broker has one of the largest asset index in binary options industry. Traders can choose among stocks, currencies, commodities and indices for them to achieve high payouts in the trading process.

    Redwood Options offers to its traders a possibility to use mobile app for profitable binary options trading process, as we noticed in Redwood Options review. Mobile trading is very popular and widespread among traders worldwide. This is because of its many advantages, such as trading on the go.

    There is no need to always sit in front of the computer for binary options trading to happen. Now, traders can go anywhere and use their smartphones and ipads as well. Traders can get Redwood mobile app from Apple Store and Google Play and start trading binary options.

    Strategy Advisory Feature

    Traders can use several different trading feature, available on Redwood Options platform. One of three useful trading features is Strategy Advisory. This is a new binary options tool that allows traders to choose from analytic strategies and use them to have a better understanding of underlying assets.

    Available strategies for this trading tool is Relative Strength Index (RSI), Bollinger Band strategy and Moving Average.

    Refer a Friend Feature

    A popular trading tool that Redwood Options implemented on its platform is Refer a Friend. This tool awards traders if they refer a friend to join Redwood Options platform and start trading binary options. Once when a friend deposits with this broker, you will receive a $50 bonus on your trading account as a reward.

    Follow Feature

    All traders want to be successful in trading binary options and maximize their profit by using multiple trading tools and strategies. To enable traders to have a positive and profitable binary experience, Redwood Options has developed a new brand that can assist trader to follow the actions of leading traders in the industry.

    So when trader chooses a list of experienced traders to track, then it is possible to imitate their actions. Traders worldwide can choose amount time they wish to spend on one professional trader and then switch on another and also a maximum investment limit in trading process.

    Redwood Options Account Types

    With Redwood Options, it is possible to trade binary options with 7 available accounts. These account types differ one from another by a range of services, tools and of course, deposit amount. Account types are: Bronze, Silver, Gold, Platinum, Diamond, Corporate and Premium Managed Account.

    Redwood Options Bronze Account

    • minimum deposit $1000
    • up to 50% welcome bonus
    • 1 trading strategy
    • exclusive trading instruments and webinars
    • market reviews on daily basis

    Redwood Options Silver Account

    • minimum deposit $5000
    • up to 60% welcome bonus or 3 risk free trades
    • 3 trading strategy
    • exclusive trading instruments and webinars
    • trading signals
    • Senior Manager
    • fast withdrawals
    • market reviews on daily basis
    • 1 profit trade

    logo-redwoodRedwood Options Gold Account

    • minimum deposit $10000
    • up to 100% welcome bonus or 5 risk free trades
    • 5 trading strategies
    • direct contact with Senior Manager
    • trading signals and indicators
    • fast withdrawals
    • 2 profit trade
    • access to binary trading groups

    Redwood Options Platinum Account

    • minimum deposit $25000
    • up to 150% welcome bonus or 8 risk free trades
    • 8 trading strategies
    • direct contact with Senior Manager
    • trading signals and indicators
    • withdrawals on the same day
    • 5 profit trade
    • access to daily binary trading groups
    • 2% more payouts on all assets

    Redwood Options Diamond Account

    • minimum deposit $50000
    • up to 150% welcome bonus or 8 risk free trades
    • advanced chart analysis
    • VIP Academy
    • access to Corporate Manager
    • access to Senior Manager
    • withdrawals on the same day
    • exclusive trading webinars
    • trading signals and indicators
    • access to daily trading groups
    • 8 profit trades
    • 3% more payouts on all assets

    Redwood Options Corporate Account

    • minimum deposit $100000
    • up to 150% welcome bonus or 8 risk free trades
    • advanced binary options trading
    • VIP Academy
    • access to Corporate Manager
    • access to Senior Manager
    • withdrawals on the same day
    • exclusive trading webinars
    • trading signals and indicators
    • access to daily trading groups
    • 10 profit trades
    • 5% more payouts on all assets

    Redwood Options Managed Account

    • for further information, contact your Account Manager

    Redwood Options Customer Support

    Customer support system is really good with this broker. Redwood Options offers a possibility to contact them through email, live chat or via telephone for several countries. Email communication is available on [email protected] and for tehnical assistance on [email protected].

    On platform, traders can use excellent Educational Centre where they can find useful information, such as different courses, webinars, video tutorials and ebook. All these tools can be of great help, especially if you are a trader beginner who still do not have enough trading knowledge or experience in binary options trading.

    Also, traders worldwide can use FAQ section to find answers if they have queries regarding trading process. FAQ is sorted in five categories for better clarity: support, platform, open account, deposit and trading.

    As for now, as we seen in Redwood Options review, this broker offers platform only on English. Since they have traders from around the world, perhaps a multilingual platform could be useful.

    Redwood Options Banking and Company

    redwood-frontpage-banner-responsiveDepositing and withdrawing are the most important elements in binary options trading. They provide security for traders because if everything goes correctly, they know that this a reliable broker who keeps their funds safe on a trading platform.

    Minimum deposit amount with Redwood Options is $200 and maximum is $20000, in case of credit card deposit method. If trader choose to make deposit through bank wire, minimum amount is $500 and maximum amount is unlimited.

    For wire transfer, traders have to send a copy of bank wire transfer on email [email protected] and it can last up to 5-7 days for money to be visible on your trading account.

    For withdrawing process, procedure is also protected because of the high security level. First, traders have to submit few documents to confirm personal authorization (photo ID, copy of address and in case of card payment, a copy of credit card with covered digits and only visible signature).

    Minimum withdrawal amount is $100. Redwood Options enables traders worldwide to deposit and withdraw funds on several different payment options. It is possible to make transactions via multiple debit and credit cards, like Maestro, Mastercard, Visa, Diners Club, American Express, Delta, Switch and Solo. Also, bank wire and e-wallets (WebMoney, Neteller and CashU) are also available.