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OptionBit are in the process of closing. For a list of alternative brokers, and full comparison reviews, visit our brokers page. A leading premier Binary options platform, OptionBit have undergone a revamp to provide even better quality services for their traders. Aside from being one of the few binary brokers around to offer digital, touch and range options, they are also one of the first brokers in the industry to incorporate money management features and analytical tools into their trading platform in a holistic manner.
Being in the industry since , OptionBit has already established themselves as a reputable and reliable binary broker. In this review, we will look at some of the changes adopted during the recent revamp of the trading platform. The first thing that is noticeable is the difference in layout of the trading platform. For starters, it is possible for traders to close a trade before its expiry with the trading platform.
The system automatically scans the markets and helps to alert traders of any new trends that are forming in the market. This means traders will never have to miss any trading opportunities anymore. Apart from providing their traders with advanced trading tools, OptionBit also made it a point to support their traders with mobile trading ability.
All they have to do is to download the trading App on to their mobile devices and they are set to go. With OptionBit, the return on investment varies according to type of options traded. Since their inception, OptionBit have expanded their asset list tremendously. Now traders have a choice of more than 65 underlying assets to trade with. Accessing the support services at OptionBit is hassle free as traders can reach them easily through:.
To prevent running afoul of anti money laundering measures, all fund transfers are done through internationally recognized methods like credit cards, wire transfer and MoneyBookers. The recent makeover at OptionBit is like a breath of fresh air. But what is truly impressive is the fact that they have gone through all the trouble to incorporate the Algobit Trading Management System with their trading platform.
In other words, they have taken something good and made it even better. This broker is not recommended. This broker is either not regulated or generates a large number of complaints. Alternatively, these are our Top 3 brokers based on Ratings: Mobile Trading Apart from providing their traders with advanced trading tools, OptionBit also made it a point to support their traders with mobile trading ability.
Types of Trading Contracts OptionBit currently offers their clients 5 main types of trading contracts. Asset Index Since their inception, OptionBit have expanded their asset list tremendously.
Conclusion The recent makeover at OptionBit is like a breath of fresh air.