Choosing a reliable broker is probably the most vital step in the entire process of binary option trading. A dishonest broker or one that is honest but inefficient will ensure that you never see your money again. So, when you are thinking of iOption binary options trading, you should gather all the basic information about this company.
What you should know about iOption
The basic facts which you should know about iOption are as follows:
- IOption is a bona fide company, registered in Cyprus. It is managed y a team of highly experienced and knowledgeable group of people who specialize in various fields ranging from international finance to internet industries. IOption have been operating in the market since 2008 and has won a lot of acclaim from its clients over the years.
- IOption uses a completely web based platform for trading where no download is necessary. Now, it has launched an app with the help of which you can access the iOption Trading website and carry out all the operations from your mobile which has internet connection.
- You have to register with the company and deposit funds in your account before you can start trading. The process is simple. A dedicated account manager is assigned to you to guide you.
- The facts regarding deposits and withdrawal of funds are some of the most important things that you should know about iOption. Both deposit and withdrawal can be done with credit or debit cards, e wallets and wire transfer. Some documents have to be submitted to ensure financial transparency. The profits can be withdrawn only by wire transfer.
- IOption offers three types of trading account with progressively more privileges. These are starter account (minimum deposit $500), trader account (minimum deposit $2000) and V.I.P. account (minimum deposit $5000).
- One of the greatest advantages about iOption is the vast array of support tools that are provided to you to help you make your decision regarding your trades. The knowledge center, binary options glossary and the FAQ section of the website is full of all the information that you need to understand the market. In addition, continuous live news update is provided. Features like pop up trade charts and the dashboard feature helps you to closely monitor your own account.
- Finally, the question of security is of paramount importance in these types of internet based operations. IOption guarantees that it has implemented the highest levels of security measures to protect your personal and financial data.
Earn huge payouts with iOption
One of the most important things that you should know About iOption is that it offers a minimum of 75% payout on your each investment. When you get some experience, you can earn as high as 400% profits if you correctly utilize such advanced features as rollover, double up and others. In addition, there are attractive limited period bonus offers which can significantly increase your chances of profit.