Binary options are prohibited in the European Economic Area. 83% 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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Elite Options Trader Review

Elite Options Trader

This broker is closed. Try trading with HighLow instead.

Elite Options is binary options broker that takes a great pride in offering great trading opportunities combined with great customer service. Established in 2015, they soon became one of the top players in the industry thanks to the variety of options they offer because they were founded by trading professionals with years of experience. They like to emphasize that they see each trader as an ‘elite’ trader while encouraging the message that education is key to success.

Elite Options Review

Elite Options is a new broker in the industry, but it didn’t stop them from creating a number of accounts that appeal to various types of traders. Even though they don’t accept US customers, their accounts provide good trading experience for brokers from all over the world.

Bronze Account

  • 250 USD/EUR/GBP minimum deposit
  • Basic account for complete beginners
  • Up to 25% welcome bonus
  • Risk management tools
  • E-video library

Silver Account

  • 2 500 USD/EUR/GBP minimum deposit
  • Account for traders with some experience
  • Up to 50% welcome bonus
  • Meeting with personal broker once a week
  • Risk management tools
  • Weekly 1-on-1 session
  • Trading alerts once a week
  • E-video library

Gold Account

  • 10 000 USD/EUR/GBP minimum deposit
  • Account for serious and experienced traders
  • Personal account manager
  • Up to 100% welcome bonus
  • Daily available personal broker
  • 1-on-1 training twice a week
  • Daily trading alerts
  • No liquidity issues
  • Risk management tools
  • E-video library

Platinum Account

  • 50 000 USD/EUR/GBP minimum deposit
  • For professionals
  • Up to 200% welcome bonus
  • Personal broker 24/6
  • Daily 1-on-1 training
  • Daily trading alerts + analyst
  • No liquidity issues
  • Risk management tools
  • E-video library

As it can be seen in our Elite Options review, a bonus is offered to every trader and they have clear bonus conditions. In case a trader accepts a bonus, he must reach 30 times turnover of bonus and deposit amount before making a withdrawal request. The broker warns about good and bad sides of bonuses, which we consider a great practice, as traders usually see bonuses only as free money.

Elite Options Trading

Elite Options review showed that this broker uses Leverate bx8 trading platform with easy to use interface and one klick trading that enables traders execution of trades with one simple click. The entire website is well designed and pleasant for the eyes while offering a great overview at the same time. The platform offers streaming news and charting package as well.

Besides the desktop platform, Elite Options is planning the development of the mobile trading platform. The mobile trading platform is always a great feature as it makes trading possible no matter where the trader is. Elite Options offers Economic calendar, a useful tool for tracking and predicting market changes, Early Close tool and free trading signals.

Elite Options review showed that traders can choose between stocks, currencies, indices and commodities and trade them in high/low, one touch, short term and long term options with a number of expiry times.


As already mentioned in Elite Options review, this broker is proud on their customer service. The customer service can be reached via email, online form, live chat, skype and phone, which is a great variety. It is good to emphasize that broker has such great selection, as many traders prefer one way of communicating over the other. The trading platform is available in English, French and Spanish.

Another thing this broker likes to mention is importance of education. Potential traders will be happy to know that with each account comes video library with educational videos, but they offer a great educational section as well. Traders get access to eBook and really detailed glossary that explains all important terminology.

One of the main concerns of all traders is their money safety. Elite Options promises great level of safety with Secure Socket Layer technology and offers variety of banking methods that can be used for withdrawals and depositing: bank wire, Visa, MasterCard, Maestro, UnionPay, Neteller, CashU and WebMoney. Our Elite Options review shows that minimum deposit is 250$, while minimum withdrawal is 50$ (or other currency selected).

Traders first must request a withdrawal, that is usually processed within 2-3 days when it comes to credit cards, and it can last a bit longer depending on the method selected. EliteOptions doesn’t charge any fees for banking transactions, but your bank or money service may do so. With first withdrawal, traders will have to verify their identity with ID and proof of address.

When it comes to withdrawing bonus, there are special terms and conditions that apply. As already mentioned, bonus and deposit combined must reach a 30x turnover before withdrawing.