5 reasons for OptionTime:
- OptionTime is integrated in the market portfolio of the Safecap group firmly and thus contains safety
- Single platform with a comprehensive analysis software
- Low minimum deposit and minimum bet
- Wide variety of base values
- Innovative types of trade and special functions like “touch in time”
OptionTime clearly offers more base values than most other binary brokers: about 180 different commercial good from currency pairs, commodities, indices, shares and bonds are available to the trader.
Base values and types of trade
This is particularly interesting to strategically orienteered binary traders:
The more base values are available, the more signals are received, which are important for a good hit rate. The higher the hit rate, the better the current strategy functions. Even in the sector of trading types and modes, OptionTime appears to be very innovate. In this way, the broker also offers one-touch and more functions, besides the classical call/put trade.
The “touch in time”, rollover (varying maturity) and the double up (doubles investments), count among the partly unique special functions. However, traders can end the option prematurely over the additional function “buy me out”, and protect themselves from losses.
Trading platform & software, usability, appearance and security
OptionTime uses its own Keystone software. Almost all website contents are available in 16 languages like English, Italian, Spanish, German, Arabic ....
With “pro master”, OptionTime is the only broker on the market, which has a professional trading tool with extensive analysis possibilities for binary traders. Here you can investigate almost all base values by means of financial calculation techniques like RSI, Fibonacci or Bollinger Bands and so, align your strategy. With these analysis tools which OptionTime offers, you can clearly increase your prospects of success once again.
The Binary broker offers durations in the classical option trading sector, till 7 days to speed trading of 60, 90 or 120 seconds.
Trading conditions, hedging and maximum yield
Unfortunately, the broker does not offer hedging. Instead, you can control your risk management yourself by means of many special functions and for example, end your option prematurely over the buy me out function and prevent losses. The maximum yield in the classical mode is 85% and at the leading edge.
Bonus for new customers
OptionTime offer new customers three account models: With a deposit over €200, there is a bonus up to 30%, a 40% over € 1,000 and up to 50% over € 5,000, maximum € 2,500 wait for the new customers. The turnover factor is, like with many binary brokers, at 40 times.
A small shortcoming with the otherwise good OptionTime binary broker: There is currently no demo account. A demo account is a very good instrument for beginners in option trading, in order to enter in the trading business free of risks. OptionTime still offers something to novices to develop into experts for binary options: Apart from the unique analysis tools on the platform, there is an option trading academic sector with numerous webinars, a video library, an eBook and several advisers. The leap in practise can be well prepared with OptionTime, despite the missing demo account.
Payment, security and support
With OptionTime, deposits can be made by MasterCard, Visa, Diners Club, transfer, Skrill, direct banking and Neteller.
Payments are processed with MasterCard, Visa, transfer or Skrill, where the first payment in the month is free of charge (then €30).
From a minimum deposit amount of only €200, you can open your OptionTime account. The minimum trading sum is only 10 euro. OptionTime is therefore, very user friendly for beginners. Here you can work your way into the topic with small sums, if required and keep the risk at a minimum.
The customer service functions impeccably. Traders can get in touch with an English landline if they have any questions or simply contact OptionTime via live chat.
OptionTime belongs to Safecap Investments Limited, like Finexo, Forexyard or Markets.com with residence in Cyprus. The Safecap groups is already regulated by the CySEC since 2008.
OptionTime can thus be seen as safe and serious. A black sheep in a clean functioning company portfolio, could not afford a holding and would endanger the reputation of the whole group. Moreover, deposits of your account balance are secured up to € 20,000.