Binary Broker Review: OptionSmarter

OptionSmarter is a binary option trading company founded in 2008 and one of the first companies who pioneered in binary options trading. In regards to this, they have the expertise in trading binary options, given the number of years they are into this business. Their main headquarters is located in Cyprus but with offices around the world also. Their website though is listed as France based. The binary options company is very user friendly, in such that traders and investors will have access to all the tools, charts, assets, as well as all resources needed to give them all they need to win trades. This is because they have a trading platform that is very simple to use for the investors to trade and profit easily. OptionSmarter is a trading company that offers transparency in all their trading operations, and this is very important to a trader investor, but it’s not a top rated broker by Binary Today. Their trading platform is easy for a new trader to master and this is much to the advantages of experienced traders.

General Platform Details

The trading platform of OptionSmarter is web based, making it very easy and simple to use by potential traders. There is no download that has to be done and trading can be immediate, after opening and depositing into an account. To help investors get started, they will have access to a friendly and very knowledgeable account manager to help them in the trading made. While the trading platform is very simple to use, the charts and all trading tools are likewise easy to read and view, and very easy to use. Languages available are various like English, French, German, Spanish, Italian, Korean, Japanese, Portuguese, and Swedish. Customer support is likewise very good and client complaints and queries will be handled by very competent and friendly personnel. Client complaints can be through phones, emails, or through live internet chat. Through these means, client complaints will be immediate and very responsive.

Trading Options

Traders at OptionSmarter will have potential returns of from 70 to 90 percent. Potential Binary Today traders and investors will have access to features allowing them to get information on the payouts they can expect on the trade once they enter an amount for trading. Traders will have expiry times of 60 seconds to 1 hour, and in 15 minutes intervals, for the trading made. The types of underlying assets available for trading are currencies, commodities, indices, and stocks, although there is no statement as to how many are these individual underlying assets. Account currency can be in US dollars, Euros, or Australian dollars. Traders can expect no manipulation in the spreads and because of the transparency in the trading operations; traders can expect to receive the accurate and fair prices of the assets they trade. Traders at OptionSmarter will have access to direct feed of prices when they place a trade, and this is direct and live feed, and they can be sure that the strike price they have will not be adjusted with spreads they are unable to see. This is an indication of the transparency in trading they are having.

Financial Details

The minimum initial deposit that a potential trader can make at OptionSmarter is 250 US dollars and the minimum trade amount he can do is 5 US dollars for a 60 seconds expiry time. For the first deposit, a trader will have benefits of a 100 percent Binary Today bonus. The deposit options that a new trader can have at OptionSmarter are the major international credit cards like Master Card, Visa, Maestro card, and also the Money Bookers. There are no commissions charged by OptionSmarter on the deposits made when the funds are transferred through the major credit cards. The maximum deposit that can be made is 5000 US dollars. Wire and electronic transfer can also be done for the initial deposit made. The currencies accepted are US dollars, Euros, and Australian dollars for these deposits made. For the wire transfers, the minimum amount accepted is 500 US dollars or its equivalent. British pound is also accepted for the wire transfer method. There may be bank charges for this method though, although for the deposits made through the major credit cards, there is none. For more information on this also look at our previous article:

Summary

OptionSmarter is a good options trading company in the overall. It has a trading platform that is very easy and simple to use and with high potential returns that a trader investor can expect. The client services extended are also great.

Yet, this is not my #1 option. For all broker recommendations, please make your way to the Binary Today Trader members area.