Option bit binary option broker
OptionBit's trading platform is focused on one asset at a time as opposed to of offering other confusing options as its competition does. Another critical factor is how traders can easily store any favorites and have their regularly traded assets instantly available. An unusual aspect, however, is that OptionBit will require traders to select among expiry times that it provides while other binary options brokers permit the trader to choose their own.
Although this issue does not constitute as a deterrent, this issue should be considered; a more experienced trader may be accustomed to selecting more precise expiry times. Lastly, OptionBit supplies one-touch trading, digital trading as well as range trading; clearly explained in the user manuals. Veteran traders will welcome these options, yet new binary options traders are encouraged to continue with digital trading until they become more comfortable with the way the trading system functions.
A team of market analysts are available to assist traders who are seeking further insights into the market. Furthermore, OptionBit offers outstanding bonuses for experienced and new traders. An additional feature, the rollover option; permits traders to extend the option if the expiration is set in the money. Also, the close now option allows the trader to close a trade before the scheduled expiry time if the trader is in the money but does not desire to wait until the expiry time; so as not to allow the trade alternate directions.
Many of the top binary options brokers suggest that they have the highest payouts, however OptionBit appears to make-good on its claim; presenting payouts in the upwards of percent. This fact may be an encouraging motive to test-drive this binary options broker. OptionBit's customer support seem to be extremely accommodating, responsive and prompt; especially in comparison to other binary brokers.
OptionBit offers the most remarkable binary options center for resource available; live and active user-forum, tutorials, user guides, extensive market analysis, we well as trading strategy recommendations.
However, there are no video tutorials or demo account options, which could provide traders hands-on perspective of how trades can be implemented. There is however an eBook offered, although this is only available to funded accounts.
This means traders will never have to miss any trading opportunities anymore. Apart from providing their traders with advanced trading tools, OptionBit also made it a point to support their traders with mobile trading ability. All they have to do is to download the trading App on to their mobile devices and they are set to go.
With OptionBit, the return on investment varies according to type of options traded. Since their inception, OptionBit have expanded their asset list tremendously. Now traders have a choice of more than 65 underlying assets to trade with. Accessing the support services at OptionBit is hassle free as traders can reach them easily through:.
To prevent running afoul of anti money laundering measures, all fund transfers are done through internationally recognized methods like credit cards, wire transfer and MoneyBookers. The recent makeover at OptionBit is like a breath of fresh air. But what is truly impressive is the fact that they have gone through all the trouble to incorporate the Algobit Trading Management System with their trading platform.
In other words, they have taken something good and made it even better. This broker is not recommended. This broker is either not regulated or generates a large number of complaints.