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500option Review

Min. Deposit: $250
Min. Investment: $5
Signals: No
Rating: Rated with 5 stars
Regulated Broker: Not available
USA: Not available
  1. 500option

    500option is a new broker, available for traders worldwide to trade binary options. Established in 2014, this broker is owned by Donald Services Ltd. They offer safe trading platform for traders to perform their activities and maximize profit.

    To start trading binary options with 500option, minimum deposit amount is $250 and traders can get bonus with unlimited amount. Minimum investment is $5 and maximum $2500. This broker operates on different markets across the globe, however they do not accept traders from USA. 500option broker offers high payouts, up to 77% and traders can deposit in EUR, USD and GBP.

    For more details, read below our 500option review.

    500option Trading Platform and Features

    500option broker uses very popular software in binary industry; SpotOption. Our 500option review shows that it is very simple to navigate and use this platform. 500option platform is adjusted for both beginners in trading world and professional ones.

    To initiate trading process, traders have to select preferred expiry time and trade option among many available. They can choose between trading with duration of 60 s, 2 min, 5 min, 15 min, 30 min, 24 hr +, end of day and end of week. Also, both short term and long term options are available with 500option broker. They include 60 Seconds, High/Low, One Touch, Ladder Options, Pair Options and SpotFollow.

    Traders can choose to invest in different stocks, currencies, commodities and indices. 500option review has shown that they offer more than 90 underlying assets. To know in which specific assets traders can invest, they can take a look under Asset Index in Education Center tab.

    This broker tries to deliver the best services to traders worldwide and bonus is one of them. Bonuses aren’t obligatory and traders can choose if they want to accept one. However, before withdrawing the bonus funds, traders have to execute turnover of 30x bonus amount. For more details, we advise our readers to read their bonus policy.

    500option Account Types

    logo-500optionIt is visible in 500option review that this broker offers 5 regular trading accounts and Islamic account for Muslim traders.

    The biggest importance in Islamic account is the fact it is interest free. This type of account has to be in correspondence with Donation, No Riba policy and Musharaka policy. For more on Islamic account, we recommend traders to read its characteristics on trading platform.

    500option Micro Account

    • welcome bonus
    • extra bonus after done redeposit
    • market reports on daily and weekly basis
    • access to Guide education materials

    500option Silver Account

    • 100% welcome bonus
    • extra bonus after done redeposit
    • market reports on daily and weekly basis
    • access to Guide education materials
    • binary trading signals

    500option Gold Account

    • 100% welcome bonus
    • extra bonus after done redeposit
    • direct line with personal manager
    • priority access to customer service
    • market reports on daily and weekly basis
    • access to Guide education materials
    • 3 binary trading signals

    500option VIP Account

    • direct line with personal trading analysist
    • features as on Gold account + extra benefits

    500option Customer Support Service

    This broker has excellent customer support, as seen in 500option review. Traders are able to reach 500option broker via email [email protected], live chat, phone and online form. Phone numbers are available for following countries: UK, Canada, Cyprus, Belize and Bahrain.

    Trading platform is available on English and Arabic.

    For this 500option review, traders can use a wide range of education materials and tips in order to achieve profitable trading journey. Our live chat experience was very positive and customer support agent helped us a lot regarding questions on how to deposit and withdraw in a safe way.

    FAQs can also serve as a great source for education, especially for inexperienced traders.

    500option Banking and Company

    logo-500optionThis broker pays a lot of attention to ensure safe trading experience, especially in deposit and withdrawal process. They use SSL encryption technology that encrypts traders’ financial and personal data.

    As mentioned above in 500option review, minimum deposit is $250 for credit card payment and $500 for bank wire transfer. To get going, it only takes to go on Deposit tab and select preferred amount of money and currency.

    Available payment methods can be done via credit cards (Mastercard, Maestro, Visa and Carte Bleue), wire transfer and ewallets (Neteller, CashU, UPay and InPay).

    In case of withdrawing funds from 500option, traders also don’t have to worry about safety of their funds. Same documents as with deposit, has to be submitted for withdrawals and sent to [email protected].

    Minimum withdrawal is $100.

    To initiate withdrawal process, traders have to first fulfill withdrawal request and send it to 500option for approval. It can take up to 5 days for request to be approved and additional 7 to 10 business days for money to arrive on the bank account.

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