This broker is closed. Trade with HighLow instead.
In our Sigma Option broker review, we will introduce our readers with a relatively new broker that has many features appealing to the traders. This broker accentuates security, features, and tools available on the platform.
Sigma Option broker provides four types of accounts for potential traders, Minimum deposit with this broker is $250, which is average in the binary industry.
The accounts to be selected from are:
Our Sigma Option review FBO found out that this broker also provides Islamic accounts.
The broker provides a bonus on the first deposit, with required turnover of 30x. Bonuses are considered to be parts of special promotions and for this reason, special rules apply. 30x turnover is average in the industry, and every trader should decide whether they want to accept bonus or not, according to their skills and trading style. In case Sigma Option suspects fraud or manipulation, they have a right to stop the withdrawal and block the account, so make sure to deliver them all necessary documents on time. This is standard procedure when it comes to withdrawing.
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FBO review of Sigma Option stated that this broker uses SpotOption platform that is one of the most advanced platforms on the market. The entire website seems pleasant for the eyes, as the white and blue combination is not too bold or distracting.
At the moment of writing SigmaOption review, the broker had Android app available, while iOS app was still in development and should be launched soon. This is a great addition to a desktop platform, as more and more traders decide to do investments on the go. In the future number of mobile traders will only grow, so apps are always welcome.
Traders can choose between various options, such as
There are over 200 assets to choose from (indices, currencies, stocks, commodities), but keep in mind that all of them have certain time periods when they can be traded. In order to prevent disappointment, make sure to read section dedicated to the assets carefully. Traders can also use Roll Over and DoubleUp features that can increase their possibilities for making profit.
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Sigma Option website is available in English while being partly translated to German, Italian, Swedish and Arabic. This can help traders navigate even if English is not their native language, as it is often the case. The good news is that trading platform is completely translated to languages mentioned which makes trading more pleasant, and easier for non-English speakers.
Our Sigma Option review showed that customer support can be reached via the online form on the website, email or telephone with numbers for UK, Australia, Canada, Switzerland, Austria, Netherlands, Norway, Sweden, Italy and Cyprus. The customer service is available in English, German, Spanish, Danish, Italian and Swedish.
There is also live chat available, but only for registered users. After the process of registration is done, and the user is logged in, the live chat feature will show up.
The education section available on the website provides a number of articles and videos that can help traders improve their trading techniques.
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In Sigma Option review we found out that it is owned by BR holdings LTD. While reading the FAQ during Sigma Option review, we noted that it clearly states there is no minimum withdrawal, and traders can request any sum available on their account, however this depends on the method one uses.
Initial deposits can be withdrawn by using the same method as the first time money was deposited. For credit cards, minimum withdrawal is $5 and for bank wire $100. In case trader wants to withdraw earnings minimum amount is $100, and Sigma Option chooses which method will be used. In the case of this type of withdrawal, only first withdrawal in a month is free, while all other are charged $30 when using bank wire. It is clear there are no withdrawals without lower limits.
The website states that traders can use credit cards, e-wallets and wire transfer for banking, but we couldn’t find any of the popular e-wallets listed anywhere on the website. This section states that traders should contact their manager in case they want to use e-wallets.
All withdrawal requests are processed within 3 days, but it make take additional few days for the money to be transferred.
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!
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