This broker is closed. Trade with HighLow instead.
2options is another very interesting broker that FBO decided to review. One of the main features characterizing this broker are the generous bonuses, uniform account package, a wide selection of trading modes and a pleasant website. Find out more in our 2options review.
2options is a great destination for newcomers and people new to binary options. There isn’t much complication when it comes to a product selection since they offer the same features to all their clients. Not only that this broker offers a straightforward way into the binary options world, the unified account package ensures there are no tradeoffs since features get better and fatter as one progresses in trading.
2options also delivers an insurance policy that complements the rich bonus scheme you will read about in further in the text. As binary options, despite the fact that they make it super easy to trade, are still prone to all the known trading risks, 2options ensured traders’ funds are protected in a way that in the case a trade runs “out of the money”, users keep 10% of the invested amount. That is a great policy since it reduces risk across the board.
As mentioned, bonuses are really generous with 2options and the turnover policies are flexible and very favorable for traders. 2options offers more than just welcome bonuses, as noted, the more you trade, the more you get.
2options also have re-deposit bonuses for every time user deposits funds, there are special event bonuses that increase investment potential of clients prior to important market-moving data is released. Personal bonuses add additional flexibility since they are tailored for each customer after a contact with the account manager.
Bonuses start with 100% for a $500 deposit and end at 150% for investments above $10000. For smaller bonuses turnover policy depends on the bonus, so turnover requirement can fall very low, e.g. 5x.
Other services included are risk free trades and a personal trading coach.
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2options Trading platform is really easy to use and runs from the website. As highlighted in the introduction, 2options offers various trading modes. There are binary options, long term options with longer expiry times, sixty-second options for fast trades, but also, the one touch trading with predetermined payout conditional on price reaching predetermined level. It also features some very advanced binary option types such as the ladder trading and pairs. This is really a great trading toolbox, one rarely sees in the binary options world.
All the price data come form Thomson Reuters, which is the world’s premium data provider for the biggest players and investment banks. The assets index is really stock and index focused. There are 19 stocks and 37 indexes which really makes 2options trading platform a global experience. It also features 12 currency pairs and 7 commodities. The 2options platform also includes some great technical analysis tools. Writing this 2options review this came in pretty handy.
Great additional features of the website are market news section and the economic calendar, that can be perfectly combined with special event bonuses! However, in general, we found the website somewhat confusing. Information is somewhat scattered and it is hard to find certain things one needs since one category information can be found in different tabs, FAQs etc that are not very intuitive.
2options mobile platform is really fast and responsive, we enjoyed the easy setup and trading on the go and tracking market opportunities.
If you want to trade with an award-winning licensed broker, we recommended using IQ Option
We found the 2options support and services sections lacking since there was no support e-mail and only a web-form. The live chat is available during the day time trading hours (EU time zone).
Another way to contact the support is the phone via the UK and US numbers available. It is also interesting that US number is toll free, but the broker doesn’t allow US customers.
There is a difference between the technical and customer support and their respective work days/hours. We did manage to get a hold of them after a few attempts and our answers were replied immediately.
No one replied to the inquiry sent via mail to the support in 5 days. This was the most disappointing part of our 2options review.
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2options banking services are in line with high standards we set here at FBO. The company accepts deposits from most countries, but not the US. Deposit methods are credit cards (Visa, MasterCard, AMEX, Maestro, Visa Electron and Diner’s), bank wire, CashU and Neteller. This is a reasonable setup of traditional finance service providers as well as the most common net wallets. Users can deposit in USD, EUR, ZAR, AUD, JPY, GBP or CNY.
Depositing is easy and fast, especially if one uses the net wallets. 2options requires a verification of identity in order to protect consumers and comply with international laws and regulations. Documents include a PhotoID, a proof of address and a copy of a credit card (if one was used).
2options Minimum deposit applies to the wire transfers and it is $200. A fee of $25 will be applied to smaller transfers. Wire transfer is the slower option. It needs some 5 days to deliver funds to the trading account. Other methods are much faster.
Withdrawals via credit card or the net wallets is really fast and free. Credit card transfers can be up to the deposited amount when withdrawing. Everything over must be withdrawn via wire transfer. Minimum withdrawal amount is $100. The 2options website states it takes up to 5 business days to process the request and additional 5-7 days for the funds to show up on the user’s account. Our experience was pleasant, with request processed in 3 days.
We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!
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