CWOption is a broker that understands there are several types of traders who trade binary options, so they created 5 account types that will satisfy their needs. Minimum deposit with this broker is $25 which is a little bit below the industry average.
Micro Account
- $25 initial funding deposit
- $10 investment minimum
- Daily reviews and reports
- Access to educational materials
Mini Account
- Initial funding deposit of $500
- Investments from $10 to $1500
- Daily recommendations and tips
- Remote trading
- Dealing room support
Standard Account
- $1000 minimum deposit
- Trades from $10 to $3000
- More instruments to trade
- VIP spreads, personal coaching and promo offers
Gold Account
- $5000 initial deposit
- Investments ranging from $25 to $5000
- Low fixed spreads
- VIP payouts
- Personal account manager
- Promotional offers
- 3rd party signals
Platinum Account
- Initial deposit of $20,000
- Trades starting from $100
- Maximum investment of $10,000 per trade
- VIP payouts
- VIP account manager (trading concierge)
- Additional trading features
- Custom analysis and reports
Our CWOption showed that this broker offers a free demo account as well. Each trader gets $25,000 virtual money they can trade as they like, gain experience and get familiar with the platform. As free demo accounts have become more than rare in the recent past, it is nice to see that there are still brokers who understand the importance of learning and trying out the service without risk.
CWOption also provides bonuses – welcome bonuses, promotional bonuses etc. Some promotional bonuses will be available for limited time only while requested turnover is always x40, and it must be reached within 100 days. In case the trader accepted two bonuses, there are additional rules that apply. Terms of bonuses are well written, so traders must make sure to understand them before accepting the bonus. The bonus is issued by the company, and their representatives contact the traders in order to get their permission for adding the bonus.
There is also RFR bonus, in the amount of $50.