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BlackOption Broker Review

  1. BlackOption is a relatively new binary options broker on the market that has becoming popular lately. Given the fact that binary options trading is still going strong as far as the online financial investments are concerned, we here at believe that our readers need to have the correct information in order to be able to choose the most appropriate broker for them.

    In this particular review, we will be focusing on the main elements that each binary options broker needs to have up to standard in order to be recommended or for traders to actually choose to sign up with them. If you need more information on BlackOption because you’re still on the fence whether or not to open an account with them, make sure you read our review so you get the latest info on this broker.

  2. Account Features

    In this BlackOption broker review we have found out that they do not have a Demo account on offer. This is a real shame considering that demo accounts are extremely valuable as they provide traders with an amazing opportunity of learning and researching their trading dashboard and platform without needing to invest their real funds. This is an important aspect of every broker, so when one doesn’t provide it to their traders, it is quite an unpleasant surprise.

    Besides the obvious lack of the Demo account, BlackOption has only one account type, and it is the real one which requires a deposit in order to start using the platform.

    BlackOption broker does have certain special bonuses in store for their traders. Once you sign up with this broker, which is completely free, you are entitled to a welcome bonus of $25 to jumpstart your trading. Is this enough of a bonus to replace the convenience of a Demo account, still remains to be seen.


  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. Trading Software & Assets

    As far as the trading software is concerned, it is a fairly standard design with a good organization on the dashboard. Having a great design and feature organization on the platform, brokers are making sure that their traders are able to focus all their attention on the binary options trading and not have to worry about page navigation or searching for their previous trades in order to come up with a strategy.  

    Aside from the FAQ section available on the page, this particular broker does not provide any educational materials for their traders, which is another unfortunate thing. Every binary options broker should ivest their time and effort into creating an elaborate and detailed educational center on their page in order to protect their clients from making the wrong choices due to being uninformed. Considering this is not the case with BlackOption binary options broker, we are feeling very disappointed and hope they will take the time and fix this important issue.

  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. Support Information

    Customer support section is another crucial element in financial trading, especially if that trading is taking place online. A lot of traders, especially those that do not have extensive experience with online platforms, will at one point need the assistance of the customer support section. If the team that is assigned to do this important job isn’t up to the task, that is a major problem.

    BlackOption is lacking in this regard, unfortunately. There are only two ways to contact the customer support – by filling out a web form or by calling to a phone number directly. These aren’t really the greatest options as most other brokers offer also the live web chat option which is an amazing choice for traders as they can reach the customer support easily and fast.

    Unfortunately, by the time we have published this review, we weren’t able to get a reply form the customer support team by sending in the webform. It might have been easier for them to also offer the email option maybe. We hope this is something they will consider implementing in the future.

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

    Between 74-89 % of retail investor accounts lose money when trading CFDs
  9. Banking & Company Information

    According to the broker’s website, there are no charges involved with withdrawing the funds from the account. They also claim to have manual payments twice a month. Other than that, there really aren’t many information available about this broker or the company info aside from the Terms and conditions which also doesn’t share a lot of details. The company information should be visible and shared publicly otherwise traders are not able to check if the broker is a legitimate one or just a scam.

    While doing this review we were able to gather as many details as possible to inform our readers on the status of this broker. However, those details weren’t plentiful and this is due to the lack of transparent information on the broker website. We hope that our readers will be able to figure out is this is the broker that will be good for their trading journey or not.


  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