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BeastOptions Broker Review

  1. This broker is closed! Check out top binary options brokers we reviewed like HighLow!   

    BeastOptions name refers to the colloquial speech where being a “beast” means being really good at something you do. Well, if they weren’t a good binary options broker, you wouldn’t be reading a BeastOptions review on FBO. BeastOptions’ goal is to provide the best trading platform in the industry, along with enabling their traders with a team of the most experienced trading professionals and all of that with a fair pricing guarantee. As soon as we saw that fairness was mentioned we knew we had to do BeastOptions review.

  2. BeastOptions philosophy is reflected in their features which treat each trader the same. There are no different types of accounts but all the features apply to all traders who only need to deposit minimum $200 and they can start trading. But this doesn’t mean there aren’t no incentives to aspire for more. Users who deposit over $2000 become VIP depositors. This is really amazing since most of other brokers see VIP status only with $10,000, $15,000 or higher deposit accounts.*

    All customers get 100% bonus on their first deposit while VIP deposits can expect another 10%. This is a great way to make sure all of traders remain loyal since they do not need to go around looking for some better deal if they aren’t satisfied with the account they have at the moment. As noticed in BeastOption review, all the features are already there with signup, no need for hassling over account types. Sometimes BeastOptions will credit users up to 100% for subsequent deposits.

    BeastOptions continuously boosts the trading result chances of its traders by running amazing promotional campaigns and competitions. When we were doing the BeastOptions review there was the $25,000 Bitcoin Trading Contest that was a promotion for the new bitcoin deposits that BeastOption started accepting that month. Traders could get prizes that totaled $25,000 worth of bitcoin and they could also get bonuses for achieving specific trading volumes. It was a total win-win for traders and the guys at BeastOptions ensured us there will be many more of such competitions.

    One of the special features could be already understood from the previous paragraph of the BeastOptions review. This binary options broker shows a great innovation skills by accepting BitCoin – more on that in the Banking Section of the BeastOptions review.

    Additional features offered are the extensive Trading Academy helping traders to learn everything about binary options and financial market strategies, as well as a trading e-book that does the same.

    *If you read banking section of our BeastOptions review, you will notice a “Pro Account” being mentioned. Since the company doesn’t disclose what are these accounts on the front page or first/second level links, we didn’t include those here.

  3. Try trading with an award-winning broker like IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs
  4. Become an IQ Option trader today

    Join IQ Option and become a trading master! IQ Option is a world-famous regulated broker that takes your trading to the next level. It allows you to trade forex, crypto, stocks, options and much more on its award-winning platform. The best part? You can start trading with a minimum deposit of ONLY $10! Read our IQ Option review.

  5. BeastOptions offers an easy to use trading interface that makes buying and selling binary options a breeze. The list of binary options is to the left while the chart can be found on the right side. The BeastOptions binary options trading chart is very detailed and the color contrast is professional, meaning it is easy to spot movements, even for the colorblind, like your BeastOptions review writer is. The panel is nicely set up and ensures maximum functionality with minimum animation and unnecessary graphics.

    There are four binary options types one can trade with BeastOptions. First is the traditional digital option. This is the golden standard that made binary options possible. Second is the so called “Turbo” or 60 seconds binary option enabling traders who want to score many trades in short amount of time to do it efficiently. Other binary options types are the Range options as well as the currently super popular touch options.

    Range options are essentially bets that the price will end in a predefined range. Touch options, as the name says define the level the price should or should not touch. Touch options are usually not connected to the expiry period meaning as soon as the level is touched, the option ends in the money.

    Traders who prefer event trading will be happy to hear that BeastOptions also has an Economic Calendar so trading can be organized around the most important data releases. Unfortunately when we were writing the BeastOptions review, the calendar wasn’t functioning, there seemed to be some script error.

    The asset index is much better than the industry average, including 20 commodities (one of the biggest commodities listings we ever saw in binary options industry), 29 forex pairs, 30 indices and more than 120 stocks!

  6. If you want to trade with an award-winning licensed broker, we recommended using IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs
  7. BeastOptions’ commitment to customer service is unparalleled. We received replies to our inquiries almost immediately. This shows real customer appreciation since they try everything until customer gets what they have requested. This is all in line with terms of use of-course. Customers can also contact this binary options broker by live chat, toll free phone or e-mail as we did for the BeastOptions review

    The FAQs section is very good but could use some organization so traders find it easier to spot the information they are searching for.

  8. Try trading with an award-winning broker like IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs
  9. Minimum deposit with BeastOptions is $200 which is really the sweet spot. While we do like when the minimum deposit requirements with binary options brokers are low, the fact that you can always do much with it makes us highlight these moderate amounts. As already noted in the first part of the BeastOptions review, the company prides itself for accepting BitCoin as deposit currency effectively guaranteeing anonymity to its customers when doing the transaction. This is one of the highest forms of protection, unfortunately we didn’t have a BitCoin wallet to try it for BeastOptions review.

    Some of the methods for depositing are credit cards – Visa, MC, Maestro Postepay, CartaSi, JCB, Dinners Club, local and international wire transfers and net wallets and scratch cards: Yandex, QIWI, WebMoney, Moneta, POLI, Astropay and others. Users who want to deposit Bitcoin will need to have a valid BitCoin wallet.

    Withdrawals are processed in up to 5 business days and the minimum withdrawal amount is $100. There are mostly no fees other than for the wire transfers, which is usual until now. The fee is $30. Users with “Pro-Accounts” get first month withdrawal fee covered, while “Standard” accounts don’t have this option.

    Users withdrawing BitCoin must be aware that BeastOptions is not an exchange since that would complicate regulatory requirements binary options brokers may face. Users must trade in order to withdraw cash after depositing Bitcoin and vice versa.

  10. Conclusion:

    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!

    • FREE $10,000 demo account
    • Award-winning trading platform
    • Licensed and regulated broker

    Trade with an
    award-winning broker
    like IQ Option

     

     

    Between 74-89 % of retail investor accounts lose money when trading CFDs
  11. Your capital is at risk

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