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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OptionMagnates Broker Review

  1. This broker is not available. 

    OptionMagnates is one of the binary brokers who try to deliver traders an excellent experience in terms of trading binary options. They offer a wide scope of features, trading instruments and easy to use the platform.

    OptionMagnates broker is committed to ensuring traders across the world simple and powerful trading platform which will be suitable for all types of binary options traders. To assist them during the binary trading process, the OptionMagnates support team is available 24/7.

    Read our OptionMagnates broker review and get a more in-depth explanation of how does this platform works and what are available options that can lead traders into achieving success in binary options trading.

  2. Account Features

    While reviewing OptionMagnates, we discovered how they offer four different trading accounts, each with its own set of characteristics and tools to use in trading binary options. With ability to choose a specific account, traders can find the right account type which will fully match their trading capabilities and plan.

    OptionMagnates Green Account

    • Deposit $250 – $499
    • Academy access and ebook

    OptionMagnates Gold Account

    • Deposit $500 – $2499
    • Academy access and ebook
    • Dedicated account manager

    OptionMagnates Platinum Account

    • Deposit $2500 – $9499
    • Academy access and ebook
    • Trading signals delivery
    • Senior account manager
    • No withdrawal fees
    • Trading sessions with an Expert
    • Account balance leverage up to 100%

    OptionMagnates Black Account

    • Deposit $10 000 –
    • Full education package
    • Premium contract options
    • Senior account manager + senior wealth manager
    • No withdrawal fees
    • International issued Mastercard for easier withdrawal
    • Trading sessions with an Expert
    • Account balance leverage up to 100%

  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

    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

    OptionMagnates uses an innovative trading platform, with incorporated technical requirements and a range of tools for traders to have better chance to maximize profit in binary trading. Their platform is easy to use and completely transparent. All trade options include limit orders and it is simple to navigate over it which greatly helps traders inn having excellent trading experience.

    Available trade options on OptionMagnates platform are: short term, long term and count down. Alongside, expiry times for these options include trading on 60 seconds, 3 min, 5 min, 15 min, 30 min and 1 hour.

    Traders are able to invest in a wide selection of underlying assets, such as stocks, currencies, commodities and indices. Upon registration, traders need to choose preferred currency to trade with and they can select between USD, EUR and GBP.

    A great feature that we noticed on this platform is widespread among traders who want to have access to binary options from any place. OptionMagnates presents a mobile application, a customized mobile version of trading platform. This mobile app can be found in App Store and Google Play which means how it works well on both operating systems.

  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

    There are three options how can traders contact OptionMagnates broker. Under Contact Us tab, they offer following communication possibilities: email on [email protected], phone with UK number and contact form (full name, phone, email and message). There is no live chat available which is usually the fastest way to reach a particular binary broker.

    We have noticed that their platform is available on English, Polish and Russian. While doing this OptionMagnates broker review, we couldn’t find FAQ which did surprise us because it could assist traders into having more trading info right away and without contacting broker for each needed information. For example, OptionMagnates could list all important segments of their platform, such as how to register, trading process, banking and my account, from which traders worldwide could benefit.

  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

    As seen from their website, OptionMagnates is owned by JSB Capital Group Ltd. They state how their online business is based on integrity and respect which resulted as a great advantage. OptionMagnates uses encryption measures to bring more safety in interaction on this platform so that trading process could go smooth.

    To begin trading binary options on this platform, traders need to make a deposit of $250. Lowest investment amount per trade is $15 while maximum possible payout can go up to 92%. There are different deposit methods in which traders can make payments. They include debit and credit cards (Visa, Mastercard and Maestro), wire transfer and ewallet providers (Yandex.Money and QIWI).

    However, it is important to note how prior to making payments, traders are obligated to confirm their identity by providing several documents, such as copy of ID card, proof of address and copy of credit card which will be used in the trading process.

    In terms of withdrawals, traders are required to submit a withdrawal request which has to be approved by OptionMagnates and afterwards, can take up to 5 working days until funds arrive on bank account of the trader.

  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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