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OptionsXo Review

OptionsXO is a binary trading domiciled in Cyprus. Since opening for business in in 2012, OptionsXO has earned a reputation as a reliable and honest broker and has become a leader in the industry. With their intuitive trading platform, investors can trade in binaries for Forex, commodities, indices and stocks.

OptionXO - HomePage

OptionXO – HomePage

Accounts and Options

There are four accounts to choose from at OptionsXo. The Mini account requires a minimum deposit of $200 and full access to the trading platform. $2000 is required to fund the Silver account which offers an additional 2% return on every trade. To open the Gold account, traders must deposit a minimum of $5000 and an additional 3% return is given on every trade. The Platinum account requires $10,000 and OptionsXo returns an additional 4% on every trade. All the accounts have full access to the trading platform with all the option types, free trading support from market analysts and experts and are commission free.

OptionsXO recently introduced some innovative option instruments to its traders. The new High-Yield options offer traders more opportunities to increase profits. The rate of return for each high-yield option ranges between 200%-360%.

There are three high-yield option instruments available: Above/Below, High-Yield Touch, High-Yield Boundary. In order to trade any of the high-yield options, go to the OptionsXO trading platform, and click on the type of instrument you would like to trade: High/Low, Touch, and Boundary.

Features

The landing page at OptionXo is rather unique. It makes available much of what a binary option trader needs, leaving the trader with very little to look for. All four account types are displayed and a click on the image of the remote control brings up the choice of education videos available to all OptionXo account holders. Another click opens to an ongoing video describing the different option types available to traders.

OptionsXO maintains customer satisfaction as a top priority and their customer service is available 24 hours a day seven days a week by Chat and email. In fact, Chat seems to stand at ready to offer its servicers from the moment the website is opened. Telephone contact is available at 12 different locations throughout the world.

As mentioned above, the education section of OptionsXo is full of informative videos that are suitable for both beginner and advanced binary options traders. In addition, the textual information on fundamental and technical analysis, major market indicators and possible outcomes of binary option trading is presented in length directly on the site for all to read.

Among the different promotions offered by OptionsXo, first-time depositors can receive an additional 50% when opening an account. Traders can earn up to $500 when they invite a friend to trade at OptionsXO through the new Refer a Friend program. When the friend opens a live account and makes a deposit, traders receive 10% of the amount of their friend’s first deposit. The amount of the bonus cannot surpass $500.

Platforms

OptionsXO is powered by TechFinancials platform. There is no download required and it’s 100% web-based. The Tech Financials’ platform is quite advanced and uses visually appealing advanced charts and live data feed. It is easy to use and has become very popular with traders of late.

OptionsXO has developed a mobile trading platform, which provides traders with easy and fast access to their trading accounts. Regardless of location, a trader can enter his account, monitor market conditions, and execute trades when lucrative opportunities arise. Mobile trading at OptionsXo allows access to all option types such as iPhones, Androids and all smartphones.

All in all, I found OptionsXo a cut above many other binary options brokers with their interesting features and promotions. Open an account is easy and the payout is high. They are in a good position to continuing leading the pack.

AdvantagesDisadvantages
Low minimum depositNo demo account
Attentive Customer ServiceNo much information about the platform types
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