MarketOptions is a binary options broker headquartered in London. Market Options is owned by MarketOption Ltd.
The broker offers the SpotOption platform. Today it is modern and versatile in the industry. There are many trading opportunities and options available, such as Ladder and One Touch, as well as time settings from 30 seconds. In addition, there are over 100 positions in the asset catalog.
There are over 100 assets to trade, including a wide selection of major and cross currency pairs, commodities, global indices and stocks.
MarketOptions offers 4 different account types:
Classic - a minimum deposit of $ 200, access to the trading platform and the full range of financial assets, a 20% deposit bonus. Premium - a minimum deposit of $ 2,000, access to financial analysis and daily signals, a 50% deposit bonus. Platinum - a deposit of at least $ 5,000, a personal account manager, priority access to all services, a bonus up to 75% on a deposit. Privilege - a deposit of at least $ 20,000, VIP access to all services with the possibility of higher returns.
In addition to bonuses tied to account types, MarketOptions has an additional set of functions for users who deposit $ 1,000: daily market analysis, demo account with virtual $ 10,000, personal manager, trading signals by e-mail once a month, faster withdrawal of funds.
Payouts on average for successful transactions are 85%. It takes a few seconds to open a position. Expiration time starts from 30 seconds.
There are five types of option contracts for the trader to choose:
Intraday classic - to predict further price movement, if it turns out to be higher or lower than the set value.
Long-term - the principle of action is the same as for the previous option, however, the expiration period is calculated not in hours, but in weeks or even months.
Short-term - the principle of action is the same. The expiration time is from 30 seconds to one and a half minutes.
One touch - the trader has to guess if the price will reach the value set by the platform.
Pairs - two related assets are analyzed.
Customer support is available via live chat, email and telephone. Live chat is always available on the site.
Ways of payment
Currently available deposit methods are Visa / Master Card, Wire Transfer and CashU. Once the transaction is complete, your deposit will appear automatically. Financial transactions are protected by SSL (Secure socket layer) technology, which guarantees the security of your personal information.
The site is Russified.
An account can be created in USD or EUR currency.
large selection of assets; a large selection of trading accounts; bonuses.
insufficient information about trading conditions is presented on the website; lack of a demo account; some pages of the site are not available.
MARKETOPTIONS is a brokerage company whose task is to provide intermediary services to traders. Brokers provide access to currency trading in the first place. Many of them also provide an opportunity to transact with company stocks, bonds, commodities, precious metals, indices, cryptocurrencies and other assets. A private person can make transactions with all these instruments only on the trading platform, which the broker provides access to.
In addition, thanks to the brokerage company, an individual can operate on the market with amounts that significantly exceed the size of their own funds. This is called providing leverage. For example, having a deposit of 1,000 USD with a 1: 400 leverage, a trader can make deals for 400,000 USD.
The broker also opens access to analytics, auxiliary tools, and trading signals. Modern trading is impossible without all this.
The broker MARKETOPTIONS makes profit from traders' transactions, as a rule, in two main ways.
The first is the most common. Using spreads. This word refers to the difference between the best prices for buying and selling a particular asset at a particular moment. Moreover, in a transaction between a trader and a broker, the price is one, and between a broker and users of the Forex market - another. The mediator takes the difference for himself.
The second way is easier to understand. This is the collection of a commission for each transaction performed. Most often it has a standard value, but it can be measured as a percentage.
Thus, the brokerage company is interested in attracting as many clients as possible and for them to conduct active trading.
We have found out how honest brokers should work and how they work. Now let's look at how scammers operate, they are also called the kitchen.
The most common way to cheat is to tweak quotes. The broker provides the trader with quotes that differ from the real market ones. Data substitution occurs in order to make operations unprofitable. The deposit is reduced, and then completely zeroed out. At the same time, the trader thinks that his operations were carried out in the market, but in fact - only on the site of scammers.
Bonuses are traps. They are generously distributed for anything: for registration, account replenishment, etc. Only after that, in order for the client to withdraw his own money, mixed with bonus money, it will be necessary to fulfill a number of virtually impossible conditions. For example, conduct trading operations for an amount tens of times greater than the size of the deposit.
In the User Agreement, a clause can also be disguised that allows the broker to manage the client's money. Inattention when reading such an agreement most often turns into a complete loss of the deposit.
One of the key points is the place of registration and regulation of the company's activities.
Let's talk about registration first. As a rule, brokers from either their own country or from an economically developed country, for example, a member of the European Union, are more credible to traders. Of course, compliance with UK legislation is reassuring, and compliance with the legislation of an unknown island in the Indian Ocean does not mean anything to most.
However, most brokerage companies are registered offshore. And it's not only about small offices, but also about world leaders. Saint Vincent and the Grenadines, Belize, Marshall Islands, Mauritius are offshore zones popular among brokers. By registering there, companies pay significantly less taxes than in the place of actual location, which is sometimes carefully hidden.
If a trader has any claims against such a company, then it is likely that he will have to deal with it in accordance with the legislation of that very conditional Belize. It is possible to be physically present there at the court sessions. And this is extremely expensive and difficult.
But is it worth running like fire from just the word "offshore"? As an answer, we will give the names of companies that are not related to brokerage, but with an impeccable reputation and also save on taxes through offshore registration: Apple, Pfizer, Microsoft, General Electric, Intel.
And here we come to the second important point - this is the regulation of the broker's activities. First of all, it is carried out at the level of the state where the company is registered. Each country has its own regulatory body for brokerage activities. So, in Russia it is the Central Bank of the Russian Federation. A trader can find permissive documentation on the websites of such bodies. But there are also supranational structures. For example, the International Financial Commission (The Financial Commission), which is an independent self-regulatory organization, considering disputes between its members - brokers and their clients.
If the broker's website does not contain information about the regulation of its activities, then these are almost certainly scammers. Or the site contains information about a certain license issued to him, but this information is not confirmed anywhere else. Most likely, these are also scammers.
When choosing a brokerage company, study its history. Check out the links to her experts. If one of the leading TV channels in economic news for 5 years in a row refers to the opinion of the analyst of the broker in question, this is good. If a broker claims to have been working for 15 years, but there is no information about him on the Internet at all, this is bad.
It's important to pay attention to company reviews. And read them not only on the website of the broker itself. In the kitchen, they will probably only be laudatory. It is best to browse as many sites as possible.
Pay attention exclusively to the specifics in the offers on the brokers' websites. Honest companies openly write about interest, spread size, minimum deposit, etc. Fraudsters lure with loud, streamlined phrases about a rich tomorrow, stable income, misleading with incomprehensible terms about multi-sites, super functions, and so on.
Find out the company's connection with well-known brands, financial institutions, public organizations. For example, it can be sponsored. Large brokers sometimes hold social promotions. Fraudsters will definitely not do this.
Thus, the process of choosing a broker is complex. But if you approach it carefully, it will allow you to enter the world of trading, which has made millions of people rich all over the world.
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Before any trade and choosing a broker You must always read reviews on this site and on other sites. Brokers who are honest, have a rating of above 3.8. Also there is always the risk of loss when trading CFDs. Be careful and read the disclosure on the website of the broker. MARKETOPTIONS received a score of 1 of 5 on our resource.