Finance Magazine

Option Bit Review – Is It a Good Trading Platform?

Posted on the 25 October 2015 by Binarytreasures

option bit platformThe trading platform of binary options Optionweb opened in 2010 and has developed greatly since. Based in Cyprus, OptionBit offers traders all over the world the opportunity to use its online platform powered by the Tradologic software. This user-friendly platform however, is only part of what the company offers. Other factors must be taken into account for a comprehensive review of Option Bit.

Highlights of OptionBit
OptionBit offers its services online only: All you need is just an internet connection to enjoy all the features of trading with their plarforms. Wherever you are, you will be able to make investments on the various financial markets. You do not need to download or install software because OptionBit uses an innovative technology that combines precision, stability and speed so you can carry out financial transactions online. To take advantage of the tools available online, just open an online account. Start by filling your knowledge by consulting the information related to financial markets, follow the online seminars and personal training by experts.

Optionbit currently offers some of the highest percentages of the sector gains. They may lie on average between 65 and 81%. Bit Option does not offer return rates on transactions that terminate outside the currency. This is not unusual, because most brokers do not offer this and those that do may not be able to offer as high payout percentages than 81%. The trading platform provides rapid exchanges, and thus the ability to quickly take advantage of successful transactions.

There are several types of trading offered by Option Bit. They include standards: above / below, touch / range, 60 Seconds and extend / close. Among them, the extend / close is of great interest for traders who wish to have the possibility to extend the expiration time or close transactions before the expiry time. All brokerage platforms that offer this option.

Trading Room
The types of options. One area in which OptionBit excels is that of providing traders with the tools they need to succeed. It offers a tutorial, a trading simulator and an e-book can be used to quickly learn how to trade. In addition, it offers an index of assets, a glossary, a professional insight, and advanced graphics. Each of these elements certainly gives the impression that Option Bit listened traders requests and provided them with tools that meet their needs.

Trade Simulator, Ebook, OptionBit Trader Insight offers a single window with tabs within the platform that makes it easy to navigate between the types of assets. There is also the option to see all binary options in a single window. The tables and graphs that can be used to view the performance of past and current assets are also offered, and are home to other tools that can be used to make more profitable binary options trading.

Asset classes underlying
Option Bit offers many asset classes and underlying assets to choose from. Asset categories include currencies, commodities, indices and securities. Within these categories are 12 currencies, commodities 4, 9 indices and over 30 titles.

Power Financial Data
The main financial provider Option Bit is proposed by Reuters. This tends to be the preferred source of most binary options traders. This preference stems from the ability to Reuters not only provide the most current financial figures, but also additional information such as new market.

Trader anywhere
Bit Option currently offers no mobile trading via smartphones or similar devices. It is not yet known whether the platform will provide a trading application in the future. The binary options traders who depend highly the ability to trade on the go may still use Bit Option, but may want to work with a complementary offering mobile trading platform.

Bet money to become rich through stock exchange
Although the general public think that the stock market is a risky investment, many studies prove otherwise and even confirm that no investment can beat the profitability of the scholarship provided to invest in the long term. It is therefore quite possible to wager money to become rich through the stock exchange. As 2013 has been exceptional since some indices have exceeded 100% growth, I think including the Dow Jones or S & P 500 and Nasdaq, which has exceeded 200% since the fall of 2008 markets.

Live chat communication and 6 international phone numbers
Customer service, which should be considered by anyone looking for a binary options broker, is solid at Option Bit. The online chat communication, email and telephone are all options. Designated phone numbers are posted for seven major countries, with customer service representatives who can assist customers worldwide in languages ​​like English, German, Russian, Spanish, French , Italian and Turkish.

Banking methods
There are no costs associated with setting up an account with Option Bit. Once the decision was made to start an active trader, a minimum deposit of € 100 is required. The amount is subject to change, so check the latest information with Option Bit. Deposits can be made by credit card, bank transfer or Western Union. Withdrawals can be made by credit card or bank transfer. Withdrawals from standard accounts will take between 5 and 12 working days.

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