Global Option is registered in Cyprus and is managed by professionals who possess several years of experience in trading on financial markets and payment processing, and risk management. Global Option is operated by WGM Services Ltd., and is located at: 48 Themistokli Dervi Ave., Nicosia 1066, Cyprus. Offering lot of assets to trade, Global Option is considered one of the best online brokers.
Global Option uses the Paragon EX platform which is a simple yet efficient binary options platform. The platform has fixed returns of 75% for all assets while on the other hand, it offers a fixed 10% refund for losing trades. With this, traders can easily monitor the statistics of their account. With this web-based feature of Global Option’s platform it can allow members to trade wherever there is an internet connection available. Clients can put efficient and accurate trades without installing separate software by just accessing Global Option’s website. With its easy-to-use tools, it dominates the online options trading.
There are five categories on Global Option’s assets namely stocks, indices, indices-futures, currencies and commodities. With these 46 stock items from Europe, Asia and US; 15 indices; 4 commodities namely Gold, Silver, Oil and Natural Gas; and 9 currency pairs, this online broker surely leads the market and makes it easier for traders to strategize and place trades using their style. However, Global Option has only a limited offer when it comes to expiration times. This online broker offers only hourly and weekly options which limit traders to have a long-term trade such as monthly options.
Registration to this online broker is totally free, yet your first deposit with Global Option must be no less than $200 or the equivalent, depending on the respective denominated account. During the registration, you will be given a chance to pick your preferred currency among US Dollar, Euro and Pound Sterling which cannot be changed and will remain fixed. Traders can deposit to Global Option using credit card/debit card (MasterCard, Visa and American Express), Wire Transfer and MoneyBookers.
With regards to withdrawal, the minimum withdrawal amount is 100 units of the denomination set up in your account. Withdrawals can be made through credit/debit cards and Wire Transfer with no fee and a $25 fee, respectively.
Using this online broker’s binary options trading platform, the minimum amount traders can place per trade is $25.
Unlike any other online brokers, Global Option has only English as their language. Traders from USA are also allowed.
Being a competitive online broker, Global Option prioritizes the trading needs of its clients. It offers professional support via Live Chat and email. Global Option has a team of talented Account Service Managers for maximum and efficient client support. Their support staff and agents maintain close contact with our clients to assist them and resolve their concerns, while digital trading operations are carried out by Global Option’s team of dealers for non-stop quality service.