Feature set with MyOption includes educational support, personal guidance, bonuses, special promotions and more. Features integrate nicely with technical aspects of the platform providing a truly unique experience that needs little attention from the trader and runs smoothly. We learned to value this during our MyOption review since we could focus on trading with MyOption instead of dealing with the platform itself.
In the basic setting, there are three loyalty programs with MyOption which depend on amount customer deposits to their trading account. Many users believe these requirements are costs, but it’s not true. The funds deposited are at traders disposal at any time. They way system works is that bigger amount of funds per account reduces fixed costs associated with upholding the accounts and enables brokers to offer more services at lower per unit cost.
Users depositing up to $999 are eligible for the
Silver Package
that includes daily market reviews
personal account manager
welcome bonus 20%
With deposits from $1000 and more users get
Gold package
with market updates
e-book on trading
professional account manager
welcome bonus 30%
When depositing more than $2500
Platinum package
offers daily market updates
senior account manager
e-book
welcome bonus of 40%
An additional account possibility is set for customers who are muslims. Sharia law makes spacial requirements regarding accounts and interest on accounts. MyOption adheres to those rules and offers this possibility for millions who want to trade but without breaking their religious traditions. Clients’ funds are held in segregated accounts that are interest-free and do not involve any locked in periods or use of margin.
Bonuses are offered to new and current account holders with MyOption. In addition to the previously described welcome bonuses, in this MyOption review we also want to present to customers some additional features offered by this broker.
MyOption Cash Back Bonus
Increases the incentive to trade by allocating bonuses as users trade. The total amount is in “pending” status at the beginning and later it slowly goes active in the account as trades are made. When we traded for the MyOption review, we saw we needed to trade 20x volume for the releasing of the money to the account starts with 20x for bonuses up to 50% and when we traded more the bonuses available also rose to up to fantastic 200% with 35x turnover! An easy indicator, a volume bar, will indicate the amount traded and how much one needs until required amount is reached.
MyOption First Trade Risk Free Bonus
Reduces anxiety some users may have when engaging in trading for the first time. Binary options do not require payment of fees as many managed funds do, but do require some personal effort. This means that users may be a bit uncomfortable first time they enter positions. MyOption helps here by reducing the risk with the first trade, effectively bringing it down to zero. If the first trade goes wrong, there is nothing to worry about, MyOption will deposit a bonus in the same amount to the trading account of the customer. Trade is capped at the hight of the allocated bonus. bonus can be withdrawn after 30x turnover
