It always leaves a good impression, when you come across a very well developed website of a brokerage platform. This is the case with OptionWeb. First time I landed on the broker’s page, I was honestly impressed by the effort put into the creation of the website. But is looks everything to a broker and can looks be deceiving? Read my full review if you are wondering whether Option Web is a scam.
Broker Name: OptionWeb / Option Web Broker
Minimum Deposit: 200€
Why Trust Option Web?
Like I’ve said on many occasions before, joining a binary broker that is not regulated might hide some risks, and not one or two at that. On the other hand, even if a broker is not regulated, there is a good chance that it might turn out to be reliable. But if a broker is licensed and regulated, you are in good hands.
Option Web is one of the first brokers to get a license from CySEC. It is owned by a regulated investment firm, known as Lionsman Capital Markets Ltd, and owns a license since 2013. Option Web is a well established broker with great reputation and I can guarantee you that the opportunities it provides will be worth your while.
Opportunities with OptionWeb
The creators and owners of Option Web have made sure to develop a wide array of trading accounts so that traders from all walks of life can make use of it. There are the necessary accommodations for every type of trader – from a total novice to an experienced professional.
- Starter – the minimum deposit is just 200€, which is one of the lowest in the industry. You get access to a number of training materials and trading tools, a dedicated manager and you can trade with more than 80 assets. The payout is 83%. You get 1 Free Trade* up to 50€.
- Standard – you can start with this account or upgrade to it, if you invest at least 1,000€. You can access more than 120 assets, with a payout of 83%, and your 1 Free Trade is up to 100€.
- Silver – the minimum deposit is 3,000€. The payout is 83% as well and your 1 Free Trade is up to 300€. You can access more than 180 assets.
- Gold – the brave and the bold can start with this account type if they deposit at 10,000€. The payout is 88%, and the amount of the 1 Free Trade is up to 500€.
- Platinum – professional traders can open an account type like that if they deposit at least 50,000€. The payout is 90% and the Free Trade is up to 2,500€.
*1 Free Trade of 1st Trade Guaranteed is a special offer, made by Option Web. It implies that your first trade made through the Option Web brokerage platform will either be a winner or you will get a refund on your invested amount.
In the description of the account types above, you can find information on the size of the refund you will get in case the trade is a loss.
Trading Tools and Benefits of OptionWeb
Option Web is among the brokers that have gone above and beyond to create the environment necessary not only for successful trading but also for helping traders become better at what they do. They provide an abundant educational and training center with a wide variety of tools, including an e-book, economic calendar, asset index, daily reviews, charts and graphics for analyses and many more.
Among the special features of the platform are the following:
- Double Up tool – this feature allows you to double your investment before the expiration of the trade if you think it is going to be a winning one.
- RollOver tool – this is a stop-loss strategy. The feature will allow you to increase / postpone the expiry of your binary options position. But you can only extend the expiry of a trade that is currently Out The Money.
Option Web Deposits & Withdrawals
On the website of OptionWeb you can find extensive and comprehensive information on how deposits and withdrawals work. According to your account type, the withdrawal procedure might take from 1 to 5 business days. You can submit withdrawal request through your Option Web account with three simple clicks.
OptionWeb provides us with various methods for both depositing and withdrawing funds to and from our trading accounts. And they have made sure to make the process as simple as possible.
Option Web is one the brokers which can best accommodate traders needs. It also offers a demo account on which you can train your skills. It will help you see if you are up to the task to profit from trading online binary options. When joining Option Web, you get access to lots of tradable assets and trading tools, and can enjoy high and consistent payout. My personal experience with the broker shows that it is a reliable partner for every day-trader.
Review Verdict: Options Web is NOT a Scam!