OptionsXO is an up and rising superstar in the binary options space. Focusing on integrity and realistic, in-depth strategic solutions, OptionsXO has been able to win the hearts of many traders who have been discouraged by other binary brands.
Founded in 2012, OptionsXO has already landed over 50,000 traders, with its numbers growing staggeringly fast month after month. So, we decided to go ahead and check what all the fuss is about.
OptionsXO’s trading platform was obviously built with a “Less is more” mindset, which correlates with the brand’s stated ambition to create the most honest, clear, and transparent experience possible for its traders. We didn’t see any fancy wording or complex graphs here – just the essentials, laid out in a compelling graphic interface.
That being said, the OptionsXO platform doesn’t overlook its more experienced traders, and offers a very impressive set of advanced tools for those who want it. Alongside the traditional Call/Put (AKA High/Low) option, this broker also offers various unique trading methods, including One Touch, Boundary, and Short-Term options.
OptionsXO has definitely put thought into going beyond the obvious in this department. Alongside the traditional deposit bonuses and welcome gifts, OptionsXO offers a few unique incentives we found to be very interesting.
For new traders, OptionsXO offers up to a 100% welcome bonus on the first deposit – Meaning they can virtually up to double the initial investment (Final percentage is determined by the amount of the initial investment).
Once you make your first deposit, you are given an additional set of benefits based on your trading volume – AKA Account Type. At the highest level, which is the VIP account ($50,000 minimum), traders enjoy a free daily analysis, free access to the OptionsXO academy, and even a 1-on-1 consultation session with OptionsXO’s chief analyst.
For existing traders, the offers vary between deposit and trading bonuses, cash prizes and special gifts. When we checked them out, they offered an iPhone 6 for high-volume traders – Not too shabby.
The deposit methods at OptionsXO include everything you’re used to from other brokers: major credit card providers (MasterCard & Visa), internet payment methods (PayPal, NetSeller, WebMoney, CashU, and more), and wire transfers.
This is where OptionsXO really sticks out from the crowd. Once you sign up you get a designated account manager to take you through the registration process, and walk you through any difficulties you have to get started. So far, pretty standard.
What we really liked is what happens afterwards – Once you’ve finished the initial process, you get matched with a broker based on your goals & personality. This broker will become your point of contact as OptionsXO, and will handle everything for you from that moment on. No more talking to a million different people – With OptionsXO, you have one point of contact for everything you need.
OptionsXO offers one of the widest varieties of commodities, otherwise known as Assets, to trade on. You can choose from over 100 options, ranging between actual commodities (Such as Gold and Coffee), stocks (Such as Facebook and Google), indices (Such as S&P 500 and the Dow Jones), and currency pairs (Such as USD/EUR and JPY/CAD). The full list of tradable commodities is available at the OptionsXO website.
The OptionsXO trading platform definitely lives up to its hype. The very interesting approach to customer service and platform design, along with the variety of offered assets and unique bonuses, creates a fresh experience we’d recommend anyone try at least once.