Binary options are prohibited in the European Economic Area. Between 74-89 % of retail investor accounts lose money when trading CFDs.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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BrokerOfficial Review

  1. According to their main website, BrokerOfficial prides in being one of the leading Forex and CFDs brokers on the global market. One of the main reason they have climbed to the level that they are currently on, is due to the intensity and knowledge they supply through their services.

    We have decided to do this BrokerOfficial broker review in order to provide you with the most important details regarding the work that this particular broker does. We will be focusing on several important elements that need to be mentioned when we talk about online trading brokers.

    If you are considering registering with BrokerOfficial, make sure you read our broker review and find out if this is the ideal broker for you, or if you should expand your search and find some other broker instead.

  2. Account Features

    We have found out that BrokerOfficial has several account types to offer to their prospective traders. Unfortunately there is no Demo account provided which is a real shame considering all the benefits that traders can experience with a Demo account in a risk free environment.

    There are four account types: Basic, Advanced, Professional, and Ultimate.

    In order to open the Basic account, the trader needs to deposit the minimum amount of $1000 up to $4,999. This account includes:

    • 24/7 Support
    • 1 Weekly Trading Session
    • Weekly Signal
    • Savings Account 0.5% Monthly
    • Take Advantage of our Analyst
    • Education Programs
    • 1 Safe Trade a Year

    The Advanced account requires you to deposit from $5000 up to $9,999. The Advanced account includes:

    • 24/7 Support
    • 2 Weekly Trading Session
    • Signal 2 Times a Week
    • Savings Account 1% Monthly
    • Take Advantage of our Analyst
    • Education Programs
    • 1 Safe Trade every 6 months

    The third type of account is the Professional account that requires a minimum deposit amount from $10,000 up to $24,999. Traders are going to be happy to know that this account gives the following:

    • 24/7 Support
    • 3 Weekly Trading Session
    • Signal 3 Times a Week
    • Savings Account 1.5% Monthly
    • Take Advantage of our Analyst
    • Education Programs
    • 1 Safe Trade every month

    The final, and the biggest trading account available is the Ultimate account which you can open if you put down a deposit of a minimum of $25,999 up to $100,000. The Ultimate account offers:

    • 24/7 Support
    • 6 Weekly Trading Session
    • Signal 5 Times a Week
    • Savings Account 2% Monthly
    • Take Advantage of our Analyst
    • Education Programs
    • 1 Safe Trade a week

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

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

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  5. Trading Software & Assets

    Unfortunately, aside from actually placing the minimum deposit of $1000 to open the Basic account, we weren’t able to find out anything about the trading platform this particular broker is using. There is absolutely no mention or explanation about the platform on their website, so it is impossible to say if the platform is proprietary or is it one of the usual, very popular trading platforms used on the market.

    In order for traders to figure out if they like to trade on the particular platform that this broker is utilizing, they will need to place a deposit to open an account. This is a tricky situation, especially considering the fact that BrokerOfficial does not provide a Demo account to their prospective clients. This is something we hope to see fixed, otherwise we can see how many traders will opt to search for another forex and CFDs broker instead of sticking with their decision to join BrokerOfficial.

  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

    As we have already mentioned before in our other reviews, customer support is one of the most important aspects of a good broker. A pšrofessional and friendly agents will prove to be of considerate value when you stumble upon issues or you simply have questions that aren’t mentioned in the broker’s FAQ. With BrokerOfficial, we aren’t really too happy with the amount of information on the website or the offered venues of making contact with their customer support team.

    You can opt to contact the broker by sending a webform, using the phone number they provided, sending a direct email or using the Live chat option. The last option is by far the most popular amongst traders, however, when we wanted to test the agents that are responsible for the Live chat, we never got anyone to respond to our inquiry. This is definitely something that this particular broker needs to fix as soon as possible.

  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

    We have to admit that it was pretty hard finding a lot about this broker’s company and the details it contains. The BrokerOfficial seems to operate under the company name BOFFICIAL ltd and its adress is 27 Grosvenor Crescent Mews, Belgravia, London, UK.

    Besides the most basic info, there isn’t really much more available on the website to figure out anything else about this forex and CFDs broker.

    As far as withdrawals and deposits are concerned, according to their website information, traders are able to use their major credit and debit cards, with the minimum amount for withdrawals being 500 USD/EUR/GBP. If you choose to use the wire transfer it will take from one to four work days, while the minimum amount raises to 250 USD/EUR/GBP.

    Considering the lack of information we have come across during the writing of this review, we recommend that our readers think carefully about opening an account with this particular broker.

  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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