With an overall score of 2.7 on Trustpilot, 6 reviewers expressed their frustration. Although the number of reviews may appear small, multiple forums complain about the CTOption scam. Considering the broker is out of business probably due coinjar reviews to regulatory issues, CTOption is not safe to trade with. When you add a lack of transparency, hidden fees, and reported issues on top of it, it makes it unsafe just to consider them, let alone trade with them. CTOption is equally unsafe as Leadtradesfx, so make sure you avoid both of them.
- CTOption on first glance appears to be one of the more professional and dedicated brokers out there as signified by their slogan; “Binary Options Made Simple”.
- As an example of the singular services offered by CTOption is their ability to trade around the clock with OTC options, which gives one 40% more time to trade, including trading over the weekend.
- You can use this to build your trading skillset, and as practice ground for new knowledge acquired from the vast resource base of training materials already made available at the ‘Education Center’ on CTOption’s website.
Even those brokers who do conduct some of their business within the U.S. prefer to base their operations outside the country; CTOption is a rare exception to this rule. A U.S. broker through and through, it brings an American touch to otherwise Europe-dominated playing field. This difference in philosophies is the most likely culprit behind the two different types of accounts that CTOption has on offer. The Standard Account is suited for small players, and people who do not trade much, whereas the Executive Account is reserved for hardcore professionals, with extra choices and bigger bonuses.
CTOption was established in 2010 in London, England, and has become a very successful and pioneering binary options broker since. CTOption offers 3 account types, Mini, Standard and Executive (VIP), where the minimum amount required to open a Mini account is $250, and minimum trade size is just $5. It offers deposit bonus of up to 100%, many innovating features, strong support and high quality education, and extended customer support in several languages such as English, Italian, German, Japanese, French, Arabic and Spanish. Their platform is of proprietary design and even has a trade mirroring tool.
This feature alone makes CTOption’s trading platform stand out and attract even beginners seeking direction and guidance in the markets. But the company also offers strong educational support, personal trading coaching, and even real trading signals. All this can be implemented through the trading platform which is also offered on smartphones such as Android, and iPhone will also be available soon. The CTOption Minimum Deposit Limit is the barest minimum amount that must be placed in a trader’s CTOption trading account before the trader can perform real trading actions using the CTOption trading platform. Because of the peculiarities of binary options trading, it is difficult to reduce this limit any further without affecting the quality of services delivered by the broker, and the trading conditions experienced by the trader.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. CTOption also offers traditional High/Low Touch and Range options with varying expiration times.
To find out if it is really a broker that is worth investing in, here is an in-depth review of the broker. The CT Option Broker website has received many awards for creating a better trading experience using the powerful Panda software package. The company delivers a beautiful graphical user interface and combines some exciting Social Media and Binary Options Trading features so that customers can have fxchoice review fun while making money. Since 2006, the owners of this organization, which is located in the United Kingdom, have been offering Binary Options Trading to users across the world.
Social Media
Likewise, if you are still honing a strategy, a demo account can be invaluable for putting it to the test. IQ Option will even allow you to back test trading strategies on the demo account or even test robots in real time. Some of the best features of the platform include the great welcome bonuses as well as the free demo and practice accounts. These are great for traders who want to get used to the platform before going ahead and using their real money on trades.
- Types of options include High/Low, One Touch, Range, and “Hyper.” Hyper trades are simply fast trades ranging from 30 seconds to 10 minutes.
- Additionally, the domain is no longer active, which could suggest the possibility that it was shut down by financial authorities.
- A large number of fake positive reviews have been submitted for this broker.
CTOption Minimum Deposit
Panda TS, the cutting-edge financial trading platform provider powers CTOptions Binary Options trading platforms. The systems CTOptions uses were constructed by them, utilizing the top technology infrastructures and financial engineering available in the field. With CTOption’s system, one finds no latency or slippage, as well as being extremely precise, which creates a trading experience that’s unsurpassed. CTOption works, all the time, toward the improvement of all their systems, so they can be a market leader via their leading services. With CTOption there’s an extraordinary and unique environment provided for trading that can support many highly evolved and innovative tools and services.
Hyper options are one of the more unqiue types of options available at this broker. The type of account you have is determined by the initial deposit you make. For executive high rollers and companies, the Executive account with an initial deposit of $10,000+ is preferred. Money deposit and withdrawal is via credit cards, wire transfer or online payment system, including Skrill or Neteller. Withdrawal takes place within 24 hours, which is one of the fastest turnaround times in the industry. There are many training opportunities on the website including videos, eBooks, webninars and one-on-one coaching.
Is CTOption Regulated?
If you are wondering what could go wrong for a broker’s domain to be on sale, read our CTOption review which will uncover the dark operations of the brokerage and how it scams people. Join us in exposing yet another scam brokerage for who they are so you can avoid them and similar brokers in the future. CTOption’s minimum deposit is $250, but their bonus policy knows no caps, especially if you go for the Executive Account. The return can go as high as 91%, although it is usually lower than that. Finally, CTOption features one of the best fund transfer mechanisms today. CTOption.com is fully licensed and regulated in the UK by the Financial Conduct Authority (FCA), and it fully complies with all essential EU measures and regulatory framework.
To make it worse than it already is, the CTOption apk file for mobiles was reported as suspicious, so who knows what you may download without even knowing. In addition to accepting US clients, the broker also operates from the UK and Germany. It’s important to note that the Financial Conduct Authority must regulate all entities who wish to operate from the UK and BaFin should also oversee brokers who operate from Germany. For the full list of payment channels supported, visit the CTOption’s banking page. CTOption offers separate email addresses to contact the executives in various departments.
The minimum deposit is $250 and the platform provides welcome bonuses as well as free demo and practice accounts for traders to get familiar with the platform before investing real money. It is not recommended to base your investment decisions on any information presented on or originating from BinaryTrading.com. By browsing this website you express your acceptance of the terms of this disclaimer and that BinaryTrading.com cannot be deemed responsible for any losses that may occur as a result of your binary option trading. BinaryTrading.com is not licensed or registered as a financial consultant or adviser.
CTOption.com offers a great, easy to use, proprietary platform that makes the trading experience very satisfying and professional at bdswiss forex broker review all steps a trader takes. The platform supports many languages and it has helped the company gain clients in over 100 countries. It offers full demo 24 hour access to its Binary Replicator trading tool where new traders and potential clients can test their judgement in following other successful traders and copying their trades.
Top Rated Brokers
You can use this to build your trading skillset, and as practice ground for new knowledge acquired from the vast resource base of training materials already made available at the ‘Education Center’ on CTOption’s website. When you begin to feel confident and want some real-time action with real capital, then you can deposit $250 in your real trading account to get started. CTOption.com offers the very impressive Binary Replicator trading tool, which allows traders to copy profitable traders automatically and in some cases achieve phenomenal profitability that cannot be achieved by any single trader. It also offers a personal account manager to all Standard account holders, and even more features and support to Executive account holders, including personalised trading advice by a specialist. From time to time it runs a promotional offer where clients of all levels can gain access to free daily signals, one quality signal per day for an entire month. Deposits and withdrawals are very fast at CT Option, in most cases they are processed within 24 hours.
Demo trading account should match live platform
In addition to these standard materials, the firm also provides a structured learning process attended to by professional traders. Let’s say you have only ever traded one or two asset types in the past (forex, for instance). Binary options demo accounts provide a risk-free environment to explore new areas. From indices through to commodities and individual shares, the demo should ideally provide access to all assets available on the live version, giving you scope to experiment.
BinaryTrading.com is compensated partially through the affiliate commission earned from some of the listed brokers. While most brokers are very similar, CTOption has one standout element that I feel is tremendous. CTOption is an unreliable brokerage based in St. Vincent and the Grenadines. Overall, the lack of regulation should be enough for you to change your mind but keep reading our CTOption review for more red flags so you can learn how to recognize and avoid them. Forex/CFD, Spread-betting & FX Options trading involves substantial risk of loss and is not suitable for all investors.