OptionBIT Overview
Website: https://www.optionbit.com/
Tel: +44-20-31500934
Minimum Deposit: $200
Minimum Trade Amount: $10
Maximum Per Option: $5,000
Return Rate: 75%-85%
Bonuses: up to 150%

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OptionBIT Review

Impressions are Important

Founded in 2009 by former binary option and forex traders, OptionBit is a fully licensed and regulated by CySEC. It quickly turned into one of the industry leaders providing both novices and professional traders with a superior online trading experience, along with state-of-the-art trading tools and services. OptionBit’s platform is incredibly simple to use, but at the same time exceptionally dynamic, offering a number of features that are sure to enhance one’s trading experience such as exotic forms of trading and an excellent payout option that promotes risk management. OptionBit additionally allows its clientele to trade on the go with its mobile-based application. It is available for Android, tablet, iPhone and iPad users and has the same functionality as the desktop version.

Trading Software

OptionBit boasts a stellar trading platform that is perfect for both novices and grizzled trading veterans. Powered by Tradologic, OptionBit offers a number of attractive ways to trade binary options. Traders can choose the conventional Digital Options or they can decide to trade using Range, Touch or Turbo. Additionally, OptionBit provides traders with a number of neat trading tools such as Auto-trading, which is perfect for planning long-term trading strategies. Furthermore, traders can utilize the popular ‘Dynamic Payout’ feature to manage risk. This allows traders to lower their return, giving minimal capital in case a trade is out-of-the-money.

Tradeable Assets

OptionBit offers a wide range of currency pairs including the USD/RUB and the USD/SEK. Commodities consist of gold, silver, copper and crude oil. Option Bit gives you an extensive array of stocks and indices to choose from. This includes famous global companies such as Microsoft and Google and indices such as BOVESPA and the TOPIX 500. Furthermore OptionBit offers hot assets such as Facebook and Bitcoin. It additionally provides you with up-to-the-second market info along with a built in signal system that constantly scans the financial markets, ensuring you that your trades are accurate and reliable.

Deposit & Withdrawals

The minimum deposit is $200, OptionBit offers numerous depositing methods. Some of which include MasterCard, Visa, wire transfers, Neteller, Skrill and CashU. Clients can withdraw their earnings at any given point in time using the very same depositing methods and will receive them within five business days.

Bonuses

Depending on the type of the account that is opened, OptionBit offers their clients an attractive array of bonuses, ranging from 30 to 150 percent.

Customer Support

OptionBit has an excellent support team that speaks a whole host of languages. Traders can reach them during market hours via live chat, email, or telephone. There are a total of nine different support numbers around the world. Additionally all traders are privy to their own personal account manager. No matter what region of the world its clientele are located OptionBit strives to provide offer the very best support and advice it possibly can.

The Final Word

OptionBit is an excellent choice for beginners looking to enter into the world of binary options and for trading wizards searching for a brokerage that maximize their profit potential. With a highly advanced but easy-to-use trading platform and stellar customer support, OptionBit was clearly designed with its clientele in mind.

OptionBIT Pros & Cons

Pros
  • Superb customer service
  • Fully licensed and regulated by CySEC
  • Numerous depositing methods
Cons
  • No US traders allowed
  • Relatively new online broker