CToption Review

CTOption, founded in 2013, is a leading binary options trading platform and investment brokerage firm, operating in over 90 countries around the world. It is domiciled in Saint Vincent and the Grenadines.

Accounts

There are three trading accounts to choose from at CTOption. With a minimum deposit of $250, a Mini account can be opened. It comes with a welcome bonus, 24/7 customer support and a trial account for the CTOption Replicator Pro social trading service.

The Standard account requires a minimum deposit of $1500 and anyone opening this account receives an attractive bonus, a personal account manager, access to the live trading room twice a week for free signals and a life time practice demo account.

The Executive account requires a deposit of $5000 and in addition to all the above, traders with this account receive a cashback of 20% and trading signals 24/6.

Trading options include High/Low, Touch, Range and a selection of short term options including 30, 60 second, 2 , 5 and 10 minute.

A practice demo account allows traders to try different trading ideas and methods for an unlimited amount of time. This is almost unheard of in the binary option industry.

CTOption also provides Islamic Binary Options trading accounts that are consistent with the Sharia law. Traders choosing to use an Islamic Account can trade without interest charges or fees occurring. There is no additional charge to open, no hidden fees, no charges or interest fees.

Features

Long term trading at CTOption is simple. Members who decide join the Elite Trading Group at CTOption receive insurance for their first long term trade. On a weekly basis, members will also obtain two long term signals based on analyses done by three top research firms within the industry. Every signal provides information regarding the real time market price and additional predictions for the next three months.

An innovative feature at CTOptions is their Binary Bug which is a binary options robot. Binary Bug specializes in the development of trading algorithms and trade execution technology. Armed with a set of analytical tools, statistical models and complex algorithms, Binary Bug accommodates automated binary options trading 100% of the time.

The Binary Bug is easy to use and requires no prior knowledge. The first 20 trades are risk free and the program is compatible with Mac, Windows, Mobile devices and Tablets. It has racked up a 68% average winning rate.

An accompanying video explains the Binary Bug process in detail.

The Replicator and Replicator Pro are the broker’s social trading options. With the Replicator, a chart lists the traders that are being followed as well as the traders currently following. With the Replicator Pro traders can follow the 10 top traders automatically anytime, anywhere. The list of Top Traders is updated online every 30 min.

Platforms

The platforms at CTOptions are powered by Panda Trading Systems Ltd. (Panda TS), a software development company that is best known for their unmatched expertise in developing completely customized solutions to meet the exact needs of each individual client in both the Forex and binary trading arenas.

Mobile access is available for iPhones and all android devices. The platform can be downloaded from App Store or Google Play.

Education

A series of interesting lectures on a variety of topics is available online and many are accompanied by videos and graphs. Additional videos are offered for both beginners and advanced traders.

Traders can view a long list of tradable assets and an economic calendar provides an updated listing of events and happenings taking place throughout the world. On the landing page, market updates scroll continuously.

There is also a full financial glossary.

The Refer-a-Friend promotion offers traders generous bonuses of $750 and more for bringing in new traders who open accounts and deposit funds. Most other brokers offer bonuses of $5 or $10 for each new client so this is indeed an exceptional promotion.

Through the VIP training program CTOptions offers two types of packages—the Standard and the Executive. Each one comes with professional coaches and a host of different benefits.

Funding

Deposits and withdrawals can be made via credit cards, wire transfers and a long list of online payment programs such as Skrill, Neteller, MoneyBookers and others.

Customer Support

Traders can contact CTOption representatives through email, telephone and live Chat.

Conclusion

We were very impressed with the integrity of this broker and despite not being under any regulatory authority, we seem to be making a serious effort to provide a secure and transparent trading environment for their customers. They have good support services and provide many tools to help the binary option customer.