Broker Introduction
iOption is a Binary Options Broker that is located in the British Islands. This company is run by professionals in the different the fields of gaming, financial risk management and internet industries. They continued growing from once being a small time broker and now a multi office international trading brokerage. The company offers an easy to use and effective binary options platform which enables their users to trade in real time without any need of previous training experience.
General Platform Details
iOption offers a web based binary options platform which is well structured and designed to let users trade with ease. This feature does not require the need for any further installations or downloads in order for you to be able to trade. This is gives traders the ability to trade at any given time or place providing maximum payout possibilities. Their website is well detailed and offers quick navigation with a click of a button. You will notice that iOptions has a very easy to understand video tour for newcomers and people who not familiar with binary options that can help them get a head start and provide tips on how to trade.
Trading Options
The site is very informative not lacking in any detail and information. Their knowledge center section gives thorough explanation about the platform itself, account management, transactions, trading and more. This can be reviewed at any time desired and it is a great feature that you can look up easily. You can also seek the assistance of their customer service representative to aid you with further questions and concerns if you prefer the vocal approach. Back to their homepage you will notice a live graph that details ongoing trades. You can use this as a rough estimate to determine an assets current position and its movement. The payout can be easily seen to help you look for the highest income returns. This saves you a lot of time since you can invest in selected assets or stocks that can give you the highest gains.
The payout for iOptions is remarkable, reaching as high as 85% on just a single trade. However, this will totally depend on the type of asset selected. Their One Touch options allow their users to trade over the course of several days and maintain their position until the asset has expired. Traders can make a huge amount of money on this option having up to 400% or more return. However, with rewards comes risk and there are no paybacks or cash backs if you happen to lose your investment entirely.
Financial Details
iOption offers several means of withdrawing profits. You can do this through different credit cards, wire transfer and Moneybookers E-Wallet. For first timers, withdrawing may take up to 7 business days for verification purposes though after this process it will only take about 2 business days.
Summary
iOption’s platform is easy to understand and is user friendly. You can start trading immediately at their homepage and there are hundreds of assets and stocks to choose from.
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