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Editor Rating
- 5/5 – Excellent
- Goptions review
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Review Summary:
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As a rule, traders that are new to binary options will want to keep things simple as they learn the ropes. There are obvious reasons for this: The world of binary options is fast paced, there is a strong risk/reward element that must be scrutinized very carefully, and there is a lot of lingo that must be learned in order to get a firm grip on things. To that end, GOptions caters to this need to keep things uncluttered by designing an overall trading model that allows newbies to learn the ropes, but to do so in a remarkably comfortable manner.
Table of contents
Based in London – one of the world’s foremost hubs of global finance – Goptions.com has been in the binary options business since 2009. Since it rolled out its services, it has positioned itself to be a place where the inexperienced trader that may feel a little spooked about getting their feet wet can feel welcomed if not embraced.
About GOptions.com
They accomplish this, in part, by offering various features that would catch the eye of the inexperienced trader, such as payouts as high as 90% and not needing previous trading experience in order to join their services.
GOptions utilizes Spot Option for their platform, widely considered to be the top online platform for new and veteran traders alike. It offers its clients to trade on a quartet of leading financial markets:
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GOption’s Best Features
The most attractive feature that GOption has to offer is its simplicity. Even if a trader has never looked into binary options before, he or she can set up an account with the company and pick up on the basics of its trading platform rather easily. As such, this ends up giving the trader a sense of confidence that he or she is not going to make some investment-related blunder due to a misunderstanding of system operations. Considering how quickly things in the binary options world can move at times, this is a pretty key component that those new to the game will find rather alluring.
Another really nice feature that GOption utilizes relates to how in tune they are with the concept of mobile devices. Traders that have a busy schedule need not worry about missing out on a potential investment opportunity because they are on the go, as GOption has made sure that trading is available on all Apple devices, Android devices, and tablets. This is a great option for those who are concerned about potentially being tethered to a lone computer that contains installed software. Considering how increasingly mobile computer technology and its outlets has gotten in the 21st century, this feature is practically essential.
And banking is made to be very simple for traders on GOption. The company offers the usual and expected payment methods such as Visa, Mastercard, and American Express. However, it also offers Paypal as a payment method – an option that is not always available from binary option companies despite its global popularity. Cashing out of profits is also rather efficient, as requests for payouts are usually completed via bank wiring or e-wallets in three business days.
GOptions.com Pricing and Payout Possibilities
While GOptions.com enables a certain level of comfort amongst traders based on the simplicity of their platform, they augment this level even further by offering a host of pricing options and payout possibilities.
GOption.com offers five different account plans for the trader to utilize: Micro, Mini, Standard, Gold, and VIP Platinum. As one may guess, the Micro is the most inexpensive account to get involved with, as it only requires a minimum deposit of $200 to get involved. One may also successfully hypothesize that the higher the tier, the more services and features are offered. That said, the Micro Account offers enough features to allow newcomers to comfortably jump into the world of binary options at a price that is relatively reasonable.
On the flip side, veteran traders that have been successful in binary options investing will be lured to the higher-end tiers, as they offer a wealth of killer incentives and hyper-personalized assistance to make the trader using the service truly feel like a majorly important player. The higher-end tiers also enjoy the offer of 10% insurance for any total losing month – a feature that is particularly alluring considering the level of investment that is typically associated with such levels.
What’s more, GOptions offers a wealth of trading options for new traders and seasoned investors alike to get involved. These options range from straightforward digital options where the trader simply guesses about where a trend may lead to more complex, long-term options like the One Touch trades built on speculation. These options are truly built for a wide range of investor: The trader that looking for a pure form of financial betting can reside quite comfortably here alongside traders that tend to take a little more safe and reserved approach to their investment methods.
Additionally, GOption.com’s payout offers are pretty rock solid. They allow traders to receive predetermined payout amounts that range from 68% to 75%, and traders that utilize the One Touch Trade option could conceivably earn as much as 500% on one trade. And the offer of insurance to help offset the losses that come with missing the mark on a trade is a strong way for the company to help traders minimize the blows that can occasionally land in the binary options world.
Not too Many Downsides
There is little doubt that GOptions.com is one of the most respected companies in the world when it comes to binary options. One of the reasons for this is due to the fact that they really do not have any major drawbacks to using their services in relation to the competition that they face in their profession. There are a couple of items that may draw the occasional ire of a trader, such as the lag time in receiving payments and a limit to the language that they offer their services in (English, French, and Arabic), but these have for the most part been proven to be minor quibbles at best.
GOptions.com Customer Support
It can be argued that the customer support options that GOptions.com delivers to their customers is the one item that truly sets them apart from their peers. Traders have the option to contact the support staff via e-mail, phone, Skype, or live chat, where they will be given the chance to communicate with people who are knowledgeable about the business. And they do have an intimate knowledge of the industry: Each member of GOption.com’s service staff have either traded for themselves, a company, or have been dealers at a professional dealing room, meaning that their knowledge is forged in part by their own personal experiences and not purely by some instruction manual.
Additionally, traders that want to the ins and outs of the binary trading world can utilize GOption.com’s strong online tutorial options, ranging from tips on trading to an in-depth glossary of terms.
Conclusion
GOption.com makes the somewhat intimidating world of binary options feel much more comfortable for the trader that is looking to get into the game, all while offering some pretty solid options for seasoned veterans who have been around the block a time or two. From employing a helpful service staff that possesses a deep and personal knowledge of the industry to offering a host of various pricing options that meet potential customers at their comfort zone, it is clear that GOption.com has done not only done their homework regarding the industry, but they have done it in an exceptional manner.
