TopOption Broker Review

TopOption
Min. Deposit: $100
Min. Investment: $5
Signals: No
Rating: Rated with 5 stars
Regulated Broker: Available
USA: Not available
  1. TopOption

    As one of the first binary brokers on the market, TopOption appeared in 2008. Holding a CySEC regulation, their license number is 092/08.

    To present this reliable broker to traders worldwide, we will point out the most important aspects in our TopOption broker review.

    Their minimum deposit is among the lower ones and is $100. Minimum investment with TopOption broker is only $5 which is an affordable amount. The biggest amount possible to invest on a single trade is $4000.

    TopOption also offers a bonus which can go all the way up to $5000 while maximum returns can reach 85%.

    Traders can use these currencies to make the deposit GBP, EUR, USD, CAD and PLN.

    TopOption does not accept traders from USA.

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    TopOption Trading Platform and Features

    As we began the research for our TopOption broker review the first thing we looked at is their trading platform. We were delighted to discover they use SpotOption software which is the leading name in the software trading industry.

    There is a fine assortment of trading options available with this broker:

    • High/Low
    • Speed-Master
    • One Touch
    • Touch/No Touch
    • Pro-Option

    60 sec, 15 min, 30 min, 1h, 24h+ and End of the Day are all expiry times TopOption offers to traders.

    More than 180 underlying assets can be traded. Those are sorted into the usual four categories of currencies, commodities, stocks and indices.

    If traders wish to learn specific details in connection to assets, they can do so by consulting the Resources Center tab and looking into Asset Index.

    Our TopOption broker review took us further and we also found out they have interesting and beneficial trading tools and features.

    A true 21st century trading tool, a mobile trading app, is a great trading tool available with TopOption. This is perfect for traders with busy lifestyles but who still wish to be as active as possible in binary options trading and exploit all the profit making opportunities as much as possible.

    TopOption mobile app can be used on Apple and Android devices. To download this great tool traders worldwide can click on Mobile trading which is in Getting Started section located at the bottom of their trading platform. Once there they can select the way they want to download the mobile trading app.

    With our TopOption broker review we also found some other interesting features – Double-Up and Rollover.

    As the name implies, Double Up provides the opportunity for traders to double up their trade if they are certain that their trade stands a good chance to end in the money.

    Rollover feature, on the other hand, may be used to prolong the expiry time if traders find that to be a good option.

    Resource Center tab which is located at the very top of the trading platform, is a fantastic resource of education materials which contain asset index, FAQs, expiry rates, economic calendar and TopOption academy.

    Another great instance of TopOption their multilingual platform which supports the astonishing list of languages which will certainly be very beneficial for traders around the world.

    Languages supported by TopOption broker platform are, aside from English, Dutch, German, Italian, Chinese, Swedish, French, Slovakian, Romanian, Portuguese, Polish, Norwegian, Lithuanian, Hungarian, Greek, Czech, Bulgarian, Arabic, Spanish and Russian.

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    TopOption Trading Account Types

    Offering various trading account types indicates a broker pays attention to details and traders’ needs. In providing a choice to registered binary options traders brokers are accounting for various needs of traders as well as their differing trading styles.

    In our TopOption broker review we have confirmed they have three distinct account types for their traders.

    TopOption Starter Account

    • minimum deposit –  from $100
    • Welcome bonus – up to $250
    • No fees or commissions involved
    • Risk management tools included
    • Payout for each account level
    • Investor compensation fund
    • Custom-made stake sizes

    TopOption Pro Account topoption1-1

    • Minimum deposit –  from $1000
    • Welcome bonus – up to $500
    • No fees or commissions involved
    • STRATIGIX access available
    • Investor compensation fund
    • Account level payout
    • Tools for risk management included
    • Support available 24/5
    • Alerts and updates
    • 1-on-1 training introduction
    • E-video library
    • Custom-made stake sizes

    TopOption VIP Account

    • Minimum deposit –  from $5000
    • Welcome bonus – up to $2500
    • No fees or commissions involved
    • Investor compensation fund
    • Account level payout
    • Tools for risk management included
    • Assistance and support available 24/5
    • 1-on-1 training (per 3 hours)
    • Alerts and Updates
    • Account manager – specialist
    • E-video library – advanced
    • Professional trading platform – assess
    • Faunus Report available

    TopOption Customer Support Service

    logo-topoption-1TopOption also made sure their provide their global traders with a top-notch customer support service.

    As part of our TopOption broker review we have tested their customer support agents and all our questions have been answered promptly and in a manner that was both friendly but professional too.

    Global traders have several communication channels open to them and those include the quickest option which is live chat, email at [email protected] as well as a long list of phone numbers available.

    Phone number are listed in their “Contact Us” tab and contains 18 phone numbers of countries around the world.

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    TopOption Banking Information

    Varied and reliable payment methods are an important part of binary options trading process and as such is the integral part of our TopOption broker review.

    With TopOption global traders are given several options when it comes to payment methods and those are:

    • Bank wire transfer
    • E-wallets: WebMoney
    • Credit cards: Delta, Visa, MasterCard and Diners Club

    Since security is of essential importance, TopOption implements KYC policy when it comes to withdrawals.

    That means that global traders have to submit copy of photo ID or copy of passport, credit card copy and proof of address (utility bill or something to that end).

    Withdrawal process is initiated by sending the withdrawal request.

    Once the request had been processed further seven business are usually necessary to the funds to be visible on the traders’ account.

    There are no fees charged for withdrawal with TopOption.