PlusOption is a new binary options broker that operates under a company called TradePlus Solutions LTD. They operate out of their main office in London, UK. PlusOption currently does not accept traders that reside in the North America. They also do not offer any demo account for traders to test their trading strategies. They offer 57 assets including 18 stocks, 28 currency pairs, 3 commodities and 8 indices.
PlusOption Platform Review
PlusOption offers a SpotOption trading platform that is packed with all the necessary trading features. There are several types of options including standard call/put binary options, pairs, long term, 60 seconds, one touch, ladder, and FX/CFD. The platform allows you to customize every trade you place in any way you want.
You can use the SpotFollow feature to follow the old trading strategies of other professional traders to increase your chances of winning the trades. The estimated payout and the payout percentage are stated on the platform.
PlusOption also support a mobile platform for traders who like to check the market with their mobile devices. The mobile platform is compatible with Android/iOS smartphones, and tablets. The mobile platform is even easier to use compared to the desktop based platform.
You can download the mobile platform’s app from the official site of PlusOption. Alternatively, you can download the PlusOption mobile app from the Google Play App Store.
Types of Trading Account
Plus Option offers 3 types of accounts including Mini, Standard and Premium. Mini account requires you to make a minimum deposit of $250 and offer up to maximum payout of 82%. Standard account is the most popular account with a minimum deposit requirement of $500.
Standard account allows you to enjoy an even higher payout of up to 85% and you also get a 50% bonus. Standard account’s members can attend the strategy training sessions for 2 times. In addition, you also get one free risk trade when you join the Standard account.
Premium account has a minimum deposit of $3,000 and offers up to 75% bonus. With a Premium account, you enjoy benefits such as weekly strategy training, 3 risk free trade, 2 SMS signals and 4% annual interest. The maximum Return of Profit (ROI) payout percentage that members of Premium account can get is 87%.
PlusOption Customer Support
Plus Option offers customer support through email, live chat and telephone support for 5 days a week from Monday to Friday. If you plan to speak to their customer support representative, make sure you call them during the business hours which is from 08:00 GMT \A8C 00:00 GMT. To access the live chat, you can click on the live chat button located on top of the site. The broker’s site support two languages including English and Russian.
The representatives at PlusOption are well trained and have knowledge in all aspects of binary trading. They do not take any fee or commission for any trade you place with them. There is no need to worry when trading with PlusOption because all transactions are protected with SSL technology. You can request for the help of an account manager at anytime you face a problem in your trading.
Plus Option Education Center
The PlusOption Academy offers basic tutorials that teach you the basics of binary options trading. There are also more advanced tutorials that teach you how to perform analysis and make the right prediction based on the market movement. They have a section where you can watch live TV broadcast that covers various binary options trading. The economic calendar allows you to keep track of the important economic events in the world news that may have impact on the market activity. If you an account with them, you will be able to access the webinars in the education center.
PlusOption allows you to deposit or withdraw in a variety of methods including credit card, Paypal, Skrill, Yandex, Qiwi, Bitcoin and WebMoney. It can take up to 3 days for them to process the withdrawal request you submit to them.
PlusOption Final Thoughts
In conclusion, PlusOption is a top binary options broker that offers all the resources you need for making the right decision in your trading. The platform they offer is relatively good as you can access all the features you want within your reach.