OptionsXO was created with the goal of bringing high technology and integrity to the binary options trading world. Today, the broker boasts over 14 billion dollars in turnover every month. The good news is that registration on OptionsXO is absolutely free of charge for all traders. No pre-deposits, subscription fees or membership costs are required. Potential traders are not charged anything to sign up with OptionsXO. The broker imposes no restrictions on traders both during and after registration.
A trader may remain with OptionsXO for as long as they desire. The process for registration and logging in to OptionsXO is very safe, simple and easy as traders only need to supply their data during the initial registration process. It is very easy to register on OptionsXO by following these steps:
- Click on “Open Account” in the top menu.
- Enter your personal details.
- Click on “Open Account”
For own safety, before making your initial deposit, OptionsXO will require verification of all the data provided. Government-issued ID with a photo, copy of your credit card, and some personal/residence bill displaying complete name and address are also required. Once verification is complete, trader receives an activation email. This entire process will not take longer than 24 hours to complete.
Once registered, the trader can make a deposit that enables trading, by using a credit card or wire transfer. What makes OptionsXO stand out from other binary options trading platforms in the industry is the fact that this broker offers several account types to select from. In addition to a Demo account with a minimum deposit of 200 USD, GBP or EUR, there is a Silver, Gold and Platinum account.
Bonuses are rewarded by OptionsXO upon request. OptionsXO offers various attractive reward features for both new and regular users. As part of the OptionsXO promotions program, OptionsXO rewards customers with bonuses and one-time trading credits. Traders may use this bonus to test out their trading skills without actually risking any real amounts of money. Such practice provides traders with valuable experience that will come in handy during real live trading.
To enjoy the free bonus from OptionsXO, it is not required to deposit any money. It is possible to sign up and wait to receive a bonus, completely free of charge. After accepting the bonus, one is required to execute trades to the value of the deposit plus the bonus times 20. Therefore, before withdrawing any funds, this condition must be fulfilled. In addition, before being able to withdraw any bonus and profits, one will need to attain the trading volume of the indicated value. In the event that one fails to do so, the bonus and profits will be forfeited and the trader may only withdraw the funds deposited.
The promotions that OptionsXO offers will specify the terms and conditions of each bonus. Once these terms have been met, the bonus will be allocated to the account balance as the currency that you can withdraw freely with any additional funds in your OptionsXO account.
Refer a Friend OptionsXO Bonus
Traders are also entitled to receive the OptionsXO Refer a Friend Bonus or RF Bonus in short. To receive this, refer a friend to OptionsXO in accordance with the broker’s referral procedure. Your friend is then required to open a user account with OptionsXO, deposit at least 200 units and then perform a trade. Once this is done, both of you will receive 50 units as a bonus within 2 business days. To withdraw this bonus, you are required to make trades in the volume of a minimum of 30 times the bonus sum.
There is no limit on the number of RF bonuses a trader may receive, although this one is granted once per friend. It is possible to enjoy the free bonus offered by OptionsXO simply by signing up for the binary options account. Traders who do this will then have access to the bonus money which is deposited into the live account with no prior commitment on deposits. The idea behind the OptionsXO bonus is simple. It is designed to serve as an incentive to attract newer investments for the binary brokerage account. In order to be eligible for these free bonuses, traders are subjected to various fees that they have to pay. This bonus comes with various terms and conditions that regulate the withdrawal of profits.
OptionsXO Demo Account
OptionsXO offers a demo account to new traders signing up on their site. The OptionsXO demo account is good because it allows traders to try out the platform, trade with virtual money and see whether their strategies work.
This demo account makes it easy for both beginner and pro traders to test the OptionsXO trading platform and trade binaries without the risk of losing real money. The demo account is a great way for traders to develop their own trading skills free of charge. In order to use the demo account, sign up on the OptionsXO site and open an account on their virtual trading platform. This demo account enables traders to purchase binary options with virtual money while still enjoying the regular features of the real OptionsXO trading account.
What this means is that traders are able to purchase binaries in exactly the same manner as they would in the real market at prices that reflect real, live trading prices. This is what differentiates demo trading from the simple simulation of the markets and is the reason why demo accounts are increasingly popular among advanced traders who use them as valuable tools for strategy testing. Trading on this demo account means you get to enjoy a completely free service without having to part with any money on the OptionsXO platform.
Even though there are no financial risks, demo trading gives traders a good indication as to whether or not they are likely to reap profits should they choose to trade for real. When experiencing any troubles using the demo account, simply contact OptionsXO customer support via 24/5 Live Chat, phone or email and receive assistance in a variety of languages.
OptionsXO Mobile Trading
OptionsXO is one of the top binary options trading platforms optimized for mobile use. OptionsXO has developed their mobile trading platform to provide traders with fast and easy access to their binary trading accounts. Regardless of their location, traders are able to enter their account, monitor market conditions and thereafter execute trades whenever lucrative opportunities appear. The full functionality of this mobile trading platform enables traders to trade at high aptitude regardless of their location or time, by simply using their mobile phone.
OptionsXO is just one of the top binary options trading platforms that have been optimized for mobile use through the introduction of apps that every Android or iPhone user is aware of, as well as web-apps that work directly within smartphone browsers, although independent of the operating system.
Sign up with OptionsXO today and enjoy access to their apps for both Android and iPhone devices to enjoy a superb trading experience.
OptionsXO Platform Review
This is a summarized review of optionsXO:-
- The deposit requirement in the beginning is $100.
- The trading platform is easy to utilize and advanced.
- The customer service is attentive, friendly, and available in multiple languages.
- The payout ratio is extremely high.
- The trading platform is very rich when it comes to features.
- The welcome bonuses are very high.
On the other hand, there are some disadvantages associated with this online broker:
- The withdrawal fees are very high.
- There is no demo account available. The reason why the demo account is important is because it enables traders to practice before they official join and invest real money.
Based on our review, it is clear to us that the online broker puts the interest of their traders before everything. An example of this is that they are making it very easy for individuals to open accounts since the minimum deposit required is only $100. Other than that, the payout ratio require is 89% and this is above the standard of the industry. The concept that they are regulated is another advantage as well. Overall, this is a great online broker that you should consider taking a look at if you are interested in online trading.
Overall, the online broker is reliable if they fix certain aspects in their system such as the initial deposit and not being clear about who exactly owns the company. Even though they are not one of our best companies, they can definitely be on the way if they take the time to improve the points mentioned previously. Take your time in looking at all the different features provided by the broker before you make your decision because this is going to enable you to understand if the broker is suitable for you.