Even though PlusOption is a fairly new broker, it has managed to gain popularity and loyal clients in a very little amount of time. It is very important to sign up for a reliable broker, regardless if you are using a system for automated investments or want to trade manually. Trustworthy brokers provide secure environment and profitable opportunities. Unlike scam brokers, which attract your funds and then deplete them.
Do you have questions on Plus Option? Read my full review and determine for yourself if it can be a useful broker.
Broker Name: PlusOption
Minimum Deposit: $250*
*Capital for you to use in making investments, these $250 are not a form of payment. Using its platform and services is free of charge.
Is PlusOption Scam or Not?
PlusOption is following in the steps of its biggest competitors. It applies clear rules of trading and account verification. Your personal information and financial data is secured by latest protocols.
To ensure that they provide the highest level of security for their clients, the owners of PlusOption have applied for the acquiring of a license – a clear sign that they want to be a transparent and reliable trading partner. My investigation came back with the definitive conclusion that PlusOption is a legit and trustworthy brokerage.
Review Verdict: PlusOption Is NOT a Scam
PlusOption – Account Types & Bonuses
The brokerage offers four main account types for the needs of its clients:
- Micro – this is the account you will acquire if you invest the accepted minimum of $250. It grants you access to the trading platform with all of the assets available for trading. You can also receive trading alerts.
- Silver – the minimum deposit is $2,500. It offers a personal account manager as well, who is there to help you with you money management and investment strategies.
- Gold – this is the most popular account among the clients of PlusOption. It requires a starting investment of $10,000. You get the Protected Capital feature, assistance to build a financial and risk management plan, and a personal analyst.
- Diamond – this account is aimed at big investors, the required minimum is $50,000. The withdrawals are expedited, the payouts are higher and you get access to special ventures, higher tier trade rooms and VIP events.
You can choose between three currencies for your funds – Euro, Dollar and British Pound. Withdrawals and deposit should happen via the same method and medium – debit or credit card, wire transfer or e-wallets. Also, once you sign up for PlusOption and deposit, you are eligible to receive 100% welcoming bonus.
Steps to Start:
- Free Sign Up for a Preferred Account
- Deposit Required Minimum
- Open Trading Platform & Begin Investments
Plus Option & Trading Opportunities
Regardless of your trading account type, once you deposit into your PlusOption trading account you get access to each of the 190 assets available for investments on the platform. It also offers significant payouts reaching as high as 81%.
PlusOption utilizes the power of one of the most popular and user-friendly trading platforms available. It is intuitive to navigate and extremely easy to understand and use. If you become a client of PlusOption, you will be able to trade with six types of binary options – Medium term options, Long term options, Pairs, Hyper options, Ladder options and One Touch. You can also trade Forex and Contracts for Differences.
Advantages of PlusOption
When trading with PlusOption, the made investments can be Sold, you Roll Over on them or Double them Up. Of course, most reliable brokers offer these opportunities.
Additionally, PlusOption gives you the so-called Spot Follow feature. It allows you to follow successful traders and reproduce their positions onto your account. Choose the period for which you wish to follow a given investor, set an amount per investment and the maximum funds you allow to be used for making trades while following. The moment the trader makes an investment, it will automatically be made on your account as well.
The customer support provided by PlusOption is very reliable. You can contact them via live-chat, Skype, phone or e-mail 24/7. You can also leave feedback on the website regarding your level of satisfaction.
Last but not least, PlusOption has also developed a highly functional mobile application. If you are an Android or iOS client, you can download the app and trade wherever and whenever you are. It is free to download, simple to use and does not require a lot of space and memory on your mobile device.
Even though it is a new broker, PlusOption has managed to prove itself as a reliable platform provider. It is free to use its services, the broker offers high payouts and has a smooth withdrawal procedure. I have found a lot of positive feedback on PlusOption. Given the fact that my own experience with it is very positive, I think it is only logical to recommend it to others interested in trading binary options online.
Review Verdict: PlusOption Is NOT a Scam