Grand Option Binary Options Broker Review

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

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  • Binomo
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IQ Option: Top Binary Options Broker

Ever since the US Securities and Exchange Commission approved binary options in 2008, numerous traders have been interested in expanding their investments and exploring binary options trading. And s ince there�s an expanding list of available brokers today, it�s challenging to narrow down your choices to find the one that suits your preferences. With that, we�ve gathered the popular brokers to help you jumpstart your search.

To help you, we provide the lowdown on the top 15 popular binary options brokers of 2020 that you can consider for trading. Hopefully, the list will let you find the best broker for your investment needs and expectations, and start successfully trading on your own.

Binary options trading may have gotten a bad rap because of its all-or-nothing premise, but the high payouts keep traders coming back for more. This is why binary options markets remain strong in various regions around the world, particularly in Asia.

To avoid fraud in binary options trading, choose a trustworthy broker. These brokers can help minimize your losses and provide a measure of security for your funds. Some traders turn to smart contract-based binary options transactions to fortify their deals using blockchain technology.

Each broker also offers different options in terms of minimum deposit, maximum returns, and supported assets. Some brokers even allow traders to use cryptocurrency to fund their accounts or get payouts. The benefits of blockchain and the advantages that global fintech trends exert significant influence on the binary options trade.

To match you with the best binary options broker for your needs, we�ll take you on a tour of the top binary options brokers today. Our analysis of each broker lays out the most important features, including deposits, returns, bonuses, and supported platforms. This way, you can make an informed decision and get the best protection for your funds.

Top 15 Binary Options Brokers

1. IQ Option

IQ Option was established in 2020 and had since then received favorable reviews on the internet. It uses in-house software for trading. The maximum returns are 95%. However, traders in the USA, Australia, Canada, Russia, Belgium, Japan, Turkey, Israel, Iran, Sudan, and Syria are not accepted. IQOption Europe Ltd. is well-known for reliable broker services, as it is regulated by the CySEC.

It provides a wide array of web-based and mobile features that help make binary trading transparent, reliable, and more efficient. For instance, it offers a speed trading service with up to 5-minute increments and hourly binary options in 15-minute increments. It also offers trading expiration periods of up to a month. Moreover, its Digital Options service allows users to trade gold in over 500 assets.

IQ Option

Try out IQ Option with their free trial

This popular binary options tool offers a free demo account to help you get started. The minimum deposit is just $10 for the Real Account. And for the premium VIP account, the minimum deposit is $3,000. Customer support is currently offered via email, phone, and live chat. Finally, this broker offers multiple convenient deposit and withdrawal methods to help you trade easily.

IQ Option Key Features

  • Minimum deposit: $10
  • Minimum trade size: $1
  • Maximum returns: 95%
  • Supported trading platform: proprietary web, Android, iPhone

Detailed IQ Option Review

2. 365Trading

365Trading is registered with the CySEC and based in Cyprus. It was founded in 2020 and has since traded in the EU without issues. It primarily trades in binary options. As of this writing, US traders are not accepted.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect Choice For Beginners!
    Free Demo Account!
    Free Trading Education!
    Get Your Sing-Up Bonus Now!

  • Binomo
    Binomo

    Only For Experienced Traders!

The minimum deposit is at $100, with profits and bonuses reaching 85% and 100%, respectively. You can open a demo without deposit and try their long- and short-term expiries.

The platform, an in-house system, is robust and ideal for veteran traders. It features charts, lines, and candlesticks and provides historical analysis, functioning as a business analytics tool. The platform allows you to set up three assets with quick access shortcuts. Likewise, you can trade four assets simultaneously featuring a main window and three sub-windows.

Support is available via email and phone.

Detailed 365Trading Review

365Trading Key Features

  • Minimum deposit: $100
  • Maximum returns: 85%
  • Bonuses: up to 100%
  • Supported trading platform: proprietary, web, Android and iPhone

3. Ayrex

Ayrex is based in the UK and has a pending application with CySEC. It trades in 70 assets and is focused on binary options. As of today, US traders are not accepted.

The minimum deposit is $25, one of the lowest, while the bonus is up to 10%, 20% and 30%, based on the amount of your deposit for Ayrex account holders.

The broker uses a proprietary trading platform featuring instant withdrawals, which is unique in the niche. The interface is neat and lets you quickly jump to different trades. It�s ideal for short-term trading. High/Low options are also available.

Support includes 24/7 live chat and via email. Likewise, the system is accessible from Android and iPhone apps.

Detailed Ayrex Review

Ayrex Key Features

  • Minimum deposit: $25
  • Minimum trade size � $5
  • Maximum returns: up to 85-90%
  • Bonuses: $30 no-deposit new account, up to 30% on the trade
  • Supported trading platform: proprietary, web, Android and iPhone

4. OptionFair

OptionFair was founded in 2020 and is based in Cyprus. It is regulated by the CySEC and is also listed on the London Stock Exchange, a first among binary options brokers. US traders are not accepted. The broker trades in forex, CFDs, and binary options on 118 underlying assets.

The minimum deposit is $100, with returns up to 100%. However, there are no indicated bonuses, but you can always contact support for possible terms. The expiry time is shorter than average but makes for quick returns over short-term trading.

The broker uses its own platform that allows you to shift trading from forex to binary and to CFDs, from a single interface. It gives you access to myriad assets and instruments and a wide range of expiries. You can, in fact, trade simultaneously on forex and binaries. Mobile apps for Android and iPhone are available.

There is phone support in five international numbers, including English, Spanish, Italian, and French. Email and live chat support are likewise provided.

Detailed OptionFair Review

OptionFair Key Features

  • Minimum deposit: $100
  • Maximum returns: 100%
  • Bonuses: none
  • Supported trading platform: proprietary, web, Android and iPhone

5. BinaryTilt

BinaryTilt is an unregulated broker with headquarters in London, England, but is wholly owned by Cyprus-based Depix Holdings. Although it isn�t overseen, the broker seems to have a clean record with rare warnings from authorities. US traders are not accepted. It trades in stocks, indices, forex, and commodities across 150 underlying assets.

The minimum deposit is $250, with profits of up to 85%. Likewise, bonuses can reach 100%. Trading styles include high/low, one-touch, range, and on-demand. The stocks are also mainly US or EU-based companies.

The trading platform is SpotOption, a standard but increasingly old school tool compared to newer platforms today. The UI is familiar, and the elements are organized, good enough for first-timers to kickstart their trading without a hassle. Support is via chat, while Android and iPhone apps are available.

Detailed BinaryTILT Review

BinaryTilt Key Features

  • Minimum deposit: $250
  • Maximum returns: 85%
  • Bonuses: up to 100%
  • Supported trading platform: SpotOption, web-based, Android and iPhone

6. GTOptions

GTOptions is another Cyprus-based binary options broker. It uses the SpotOption trading platform, which is one of the most dependable web-based solutions in the market today. Its interface is smart and easy to use, with color-coded buttons and tabs arranged per type of trade offerings and asset offerings to be traded.

This binary options platform also offers several intuitive tools to help traders achieve better outcomes. For instance, it has a risk management feature that allows traders to cash in on their live trades before contract expirations. Likewise, it has a binary meta mode that supports high-level trading, specifically designed for professional traders.

Finally, the vendor offers 24/7 customer support and provides an extensive library for education and reference purposes.

Detailed GTOptions Review

GTOptions Key Features

  • Minimum deposit: $250
  • Maximum returns: 81%
  • Bonuses: Below $1000 50% bonus, above $1,000 100% bonus
  • Supported trading platform: proprietary, web, Android, and iPhone

7. OneTwoTrade

OneTwoTrade uses the popular web-based SpotOption trading architecture. The company provides the latest technological advancements for the benefit of its clients. OneTwoTrade has won an award for providing an efficient and safe trading platform that is relatively easy to use.

This fully-licensed binary options brokerage firm is headquartered in London. It is also highly regulated by government agencies, such as the Malta Gaming Authority. Moreover, OneTwoTrade is rigidly tested to ensure precision, stability, and quality.

OneTwoTrade offers two trading accounts; one is free, while the other is paid. The latter, called Privilege Plus, offers more benefits to users, including comprehensive market analysis, special promotions, and anytime access to senior account managers. Privilege Plus members also get either an iPhone or iPad that�s equipped with a special mobile trading app.

Detailed OneTwoTrade Review

OneTwoTrade Key Features

  • Minimum deposit: $200
  • Maximum returns: 65% to 85%
  • Bonuses: not specified.
  • Supported trading platform: proprietary, web, Android and iPhone

8. 99Binary

99Binary operates from Anguilla, a British overseas territory in the Caribbean. Started operations in 2020, this binary options trading company serves clients in the US and worldwide. It has a well-designed, comprehensive online portal that offers numerous features, tools, and trading information.

This HTML-based binary trading solution offers users the convenience of a clean, clutter-free dashboard design. Users will appreciate how the site presents data on the latest success trades of other users, which can be easily copied for later use.

Another notable feature of 99Binary is its trading turnover requirement. To cash out bonuses, customers must achieve a particular turnover quota, which goes down for every tier. This is an effective motivation for traders who love bonuses.

Detailed 99Binary Review

99Binary Key Features

  • Minimum deposit: $250
  • Maximum returns: up to 86% on Standard & 60-Seconds, and up to 350% on One Touch
  • Bonuses: To cash out bonuses, Starter level users must reach 30x turnover. For Premium users, 20x turnover is required.
  • Supported trading platform: proprietary, web, Android and iPhone

9. Binary.com

UK-based Binary.com is a licensed broker regulated in the British Isles, Malta, Ireland, and the UK. However, US, Canada, Japan, Hong Kong, and Costa Rica traders are not accepted. It is one of the more transparent companies in the industry that declares its owning company and market operations. Formerly the BetonMarkets, Binary.com blends gambling and trading but with transparency. It offers CFDs, FX margin, and crypto trading via MT5.

You can start the trading time aside from the expiry date, and the investment amount is based on the payout you set. The minimum deposit is $10, and for e-wallets, it�s even lower, at $5.

Bonuses are not standard; rather, they consist of two types�the Deposit Bonus and Free Bonus. Likewise, percentages are not specified, but you are required to have as much as 25 turnovers to avail yourself of a withdrawal. There�s also a 1.5% payout commission.

The broker supports various trading platforms, such as Binary Webtrader, Binary Bot, and Binary Next-Gen. Furthermore, it can personalize client trading needs all under one roof.

Th e platform is intuitive to the first-time trader and robust for the veteran. It features a lot of visual tools like charts and technical indicators, and the tutorials on binary options are comprehensive. Likewise, it supports 12 languages and provides a virtual money account. Mobile apps are available, with a mobile payment system.

Binary.com Key Features

  • Minimum deposit: $5 for e-wallet and $10 for debit and credit cards
  • Maximum returns: 100-1000% depending on contracts and trades
  • Bonuses: not specified
  • Supported trading platform: proprietary web, Android and iPhone

10. eToro

Tel Aviv, Israel-based eToro is a social trading network and not a broker. It allows you to copy the leading traders in its community and, hopefully, realize the same margins. Conversely, your trading can be copied, which earns you additional income.

In this platform, you invest in people, not currencies. You will have to be mindful of other traders� behaviors and analyze their patterns or strategies, instead of learning financial charts and indicators.

No worries, eToro provides more than 16 lectures and video courses on how to hone your skills. These include identifying consistent traders, not just one-shot deals. You also get a list of the best traders on currencies, indices, and commodities across a wide range of underlying assets.

On the B side, you can share your trading insights and enroll in the Popular Investor Program as a trade authority. While the minimum deposit is $200, the maximum returns vary. The network uses its in-house trading platform with Android and iPhone apps.

eToro Key Features

  • Minimum deposit: $200-$10,000, depending on the country
  • Maximum returns: varies
  • Bonuses: not specified
  • Supported trading platform: proprietary, web, Android and iPhone

11. 24Option

24Option has been online since 2020 and is a stable and reliable broker as it is regulated by the CySEC. It uses the third-party TechFinancials trading platform. Maximum returns are up to 88%. This broker does not accept traders from the US and Australia.

The minimum deposit amount is $250, and the minimum investment amount is $24. Trade types offered are high/low, one touch and no touch, boundary, and 60 seconds.

A demo account is offered for new traders. You can enroll in Standard, Gold, or Platinum account depending on the amount you deposit and the features you want. 24Option provides customer support via phone, live chat, and email in English and 13 other languages.

24Option Key Features

  • Minimum deposit: $100
  • Maximum returns: 88%
  • Bonuses: up to 100%; 25% or $500 (whichever is lowest) for first-time depositors
  • Supported trading platform: TechFinancials web, Android and iPhone

12. ETX Capital

ETX Capital is headquartered in London, UK, and regulated by the British Financial Conduct Authority (FCA). It trades in forex, equities, indices, and commodities, but note that binary options are unregulated by the FCA. Likewise, US traders are not accepted as of this writing.

The broker takes pains in educating newbie traders, explaining in detail binary options, risk trading, and other key topics.

The minimum deposit is $100, with returns between 75% to 85%. Bonuses are not specified but are available. A call to their support should specify a personalized bonus based on your investment. Likewise, withdrawals above $100 are free of charge.

The broker uses MarketPulse as a platform. It is clean and intuitive for beginners with expiry times easy to locate. However, it only supports English.

ETX Capital Key Features

  • Minimum deposit: ?200 (around $260)
  • Maximum returns: 100%
  • Bonuses: varies, personalized
  • Supported trading platform: MarketPulse, web, Android, and iPhone

13. CMC Markets

UK-based CMC Markets has been a forex broker since 1989 but only went into binary options in 2020. Still, that�s a long history of trust and reliable operations compared to most binary options brokers. On top of that, it is regulated in the UK.

Today, it trades in indices, commodities, shares, treasuries, and forex, but US clients are not yet accepted. There is no minimum deposit, and there are no bonuses, too. Returns also vary depending on the product.

Meantime, the platform is customizable and includes charting tools, pattern recognition functionality, various screen layouts, and multiple timeframes. The system is accessible from Android and iOS devices. Support is UK-based and consists of live chat, email, phone, and fax.

CMC Market Key Features

  • Minimum deposit: no minimum deposit
  • Maximum returns: up to 95%
  • Bonuses: none
  • Supported trading platform: proprietary web, Android and iPhone

14. EmpireOption

Founded in 2020, Uruguay-based EmpireOption with a registered address in London, England. As with most brokers, US traders are not accepted. The broker trades in forex and CFDs with a diverse underlying investment portfolio.

The minimum investment is $200 and up to 80% maximum returns. Likewise, bonuses can reach 100%, but terms apply.

The trading platform is SpotOption but minus the SpotOption payment network. EmpireOption also uses its own branding interface and maintains control of most of the trading aspects.

Phone and email support are available.

EmpireOption Key Features

  • Minimum deposit: $200
  • Maximum returns: 82%
  • Bonuses: up to 100%
  • Supported trading platform: SpotOption, web, Android, and iPhone

15. BinaryMate

Binarymate is a UK-registered broker that is reliable as it follows the strict financial regulations of the UK. It accepts US traders. This broker uses a unique in-house platform for trading. You can earn a maximum return of 90%.

Trading accounts start with the basic Bronze package for which the minimum deposit is $250, and you get a 20% welcome bonus. For Silver account, the minimum deposit is $1,000, and you get a 50% welcome bonus. Finally, for the premium Gold account, the minimum deposit is $3,000, and you can choose between risk-free trades or a bonus of $250.

A unique customer support feature offered by Binarymate is live video chat with agents who are available 24/7. Support is offered in English, French, Spanish, and Russian. Last but not least, you can use the demo account to learn the ropes or to improve your skills. Before you decide on a broker, though, it�s always best to make a binary options brokers comparison first to make sure you pick the best service.

BinaryMate Key Features

  • Minimum deposit: $250
  • Maximum returns: 90%
  • Bonuses: up to $250, risk-free trades
  • Supported trading platform: proprietary web, Android and iPhone

How to Succeed in Binary Options Trading?

Many people pursue to trade in binary options even though many fail. This is because of the ease of trading, coupled with the high-profit potentials it offers. However, with thousands worldwide continuing to trade in binary options every single day, is it still possible to succeed in this lucrative trade?

A good place to start is to have an authoritative list of today�s top binary options brokers. So that�s now a check. Likewise, make sure you have the appropriate payment gateway providers for seamless payment transactions. Finally, check out these key elements that will help you succeed in binary options trading:

  • Learn how to interpret historical, current, and predicted charts.
  • Test various trading strategies and use one that works for you.
  • Always consider market indicators.
  • Learn to control your emotions, use them to your advantage.
  • Trade by capitalizing on your strengths and follow your signals.
  • Prepare and stick to a personal, long-term trading plan.

Yes, because of the high stakes involved, trading in binary options is really difficult and high-risk. But if you�d take the time to learn the ropes and sustain your commitment to it, it is realistic to succeed in the binary options trade.

Check out our 2020??????15????????:???????? article for a Chinese version of this article and 15 nha moi gi?i quy?n ch?n nh? phan ph? bi?n c?a nam 2020: Ai m?i la t?t nh?t? is available for the Vietnamese audience. There is also a Korean version available here: 2020? ?? ?? ???? ?? ??? 15??, ?? ?????

GrandOption Broker Review 2020

This broker is closed.

GrandOption does now only offer its service to a select number of international customers but it does have a secondary system called 24 option that is available to a larger worldwide audience. GrandOption still stands as one of the most recognized binary options brokers available in the world. They are known for offering quality returns on successful trades and for hosting an environment which is fair for many different types of users.

GrandOption Review found this broker also has many different features that you can�t find on the average binary options trading platform including a massive educational library and third-party signals which can be set up within the platform.

*GrandOption no longer accepts international customers.

GrandOption Account Features

GrandOption is a platform that has integrated TechFinancials platform. The GrandOption review discovered this broker delivers up to 88% back in a successful trade and they offer several different trading terms including a two-minute, five-minute and 60-second trade as the base platform settings. Stop loss features can also be introduced to help traders eliminate their losses as well as set up the platform to automatically trade or stop trades in the event of poor market conditions.

Due to CySEC�s decision, StockPair no longer provides binary options bonuses!

Several different account type options are available on GrandOption each with their own unique account features. These are how some of the benefits of each account breakdown if you are considering upgrading your membership or depositing a large amount up front:

GrandOption Standard account: standard account at GrandOptions will allow you to access the web platform, the Academy video database and more. With the minimum deposit amount of $250, traders can access the standard account which will provide them with a streaming section of market information and updates through the blog as well as assistance from a 24-hour market expert. This is really just an extra news site that you can access as well as the basic features of the trading platform.

GrandOption Superior account: the superior account option will yield an extra 2% return on trades as well as access to an account manager that can help you with inquiries, assistance in the trading process and favored customer support. The superior account is the most used account for GrandOptions members because it comes with a balance level of choice in features with excellent customer service. You will generally need to deposit at least $1000 to get access to the superior account features.

GrandOption VIP: GrandOption VIP comes with the most features including a personal training session with an expert in binary options trading. Working with a senior account manager to learn more about binary options trading in the entire platform can give you a huge edge with your trades. Winning a trade with the GrandOption VIP account will also ensure that you get up to 4% extra in all of your payouts which can be a powerful tool especially when you are trading in larger amounts. In order to access his level of account, you need to deposit at least $5000 into the trading platform.

Some of the basics of trading on this broker is the minimum deposit of $250, a minimum trade size of $25 and the maximum trade size of $50,000. It inducing a minimum trade size of $25 is significantly higher than the minimum trade size that you may find with other brokers. This can sometimes shy away from many customers that are interested in trading on a small budget.

Due to CySEC�s decision, StockPair no longer provides binary options bonuses!

GrandOption Trading Software

One of the main features that GrandOption offers is the Academy subsection of the website. On the Academy, you can enjoy checking into trading success videos, web tours, advanced strategy improvements as well as ongoing videos that can help you to adjust your strategy and become an advanced user. GrandOption review showed broker welcomes a customer service mission to ensure that options trading can become more accessible to every one of its customers and they seem extremely dedicated to delivering ongoing training resources that are easy to understand and follow.

The user forum section of the Academy is another aspect of the software that can help you to gain some extra insight and experience. The trading community forums to help let you know about new assets, changes to the system and experience a bit of camaraderie with individuals who are also trading on the platform.

The trading platform plugin is a big change to this trading software over some of the other brokers. Unlike a full trading software platform that takes up the whole window of your skin, GrandOption review finds this trading platform takes just a small plug-in window that can create a fair space for you to make trades well reading advice. You can also break apart the window into multiple trading streams so that you could trade multiple assets on the same screen. This unique software feature makes this platform much more competitive and flexible than some of the other trading platforms available.

GrandOption Support Information

Due to CySEC�s decision, StockPair no longer provides binary options bonuses!

As a regulated broker under CySEC GrandOptions needs to present a wealth of assistance and customer service as a part of its institution. GrandOption also takes a number of measures to make sure that clients funds are kept safe and secure and that no personal information is potentially exposed.

The trading platform remains extremely popular throughout Europe and platform and support options are available in Turkish, Russian, Italian and English for some varied international support. While this broker doesn�t have the same level of language support as others, it can offer some decent international support for many customers.

As well as 24-hour customer support in several different languages you can access a wide number of webinars, FAQs, customer service e-mails, phone numbers and live chat support. The overall customer satisfaction rates on GrandOption are quite high when compared to some of the competitors in part of this is because of the licensing and regulations that they are bound by.

Tip: Trade with reputable and regulated brokers on FX-Advisor.

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Grand Option (Inactive) Review

Grand Option (Inactive)

Broker Grand Option (Inactive)
US Traders Accepted
Company Name Rodeler Ltd.
Headquarters Cyprus
Regulation CySEC, license #207/13
Bonus Type Match bonus (Bonus terms and conditions apply)
Bonus Size 100%
Max Payout 88%
Out-of-Money Reward 0%
Trading Platform TechFinancials
Early Closure
Deposit Options Credit/debit card, Skrill, CashU, Qiwi, AstroPay, Neteller, Neosurf, WebMoney, SOFORT, Moneta, Giropay, iDEAL, PayGate
Deposit Currencies US Dollar, Euro, British Pound, Japanese Yen, Turkish Lira
Minimum Deposit $250
Minimum Trade $25
Maximum Trade $20,000
Online Since 2020
Trading Instruments Currencies, commodities, stocks, indices
Number of Trading Instruments 76
Binary Option Types High/Low, One Touch, Boundary, 60 Seconds, End of Day, End of Week, End of Month, Weekend
Customer Support Types Email, telephone, paper mail, live chat
Education Offered How-to pages, glossary, FAQ, articles, videos, interactive eBook, webinars, training sessions, portfolio management
Tools Offered Market reviews, early closure
Commission Withdrawal fees vary depending on method. 3.5% for credit card, 2% for Skrill, $30 for a wire transfer.
Languages English, Italian, Turkish, Russian, French
Demo Account No

Grand Option no longer operates as a binary trading website. The review below is presented for the archiving purposes.

Grand Option is a Cyprus-based binary options broker that started in 2020. It is one of the very few regulated brokers you can trade with, operating under CySEC license #207/13. Grand Option stands out from the competition by offering high payouts, an abundance of training resources, flexible investment sizes, and fast and friendly customer service. They do have a few drawbacks; as of right now, they do not offer mobile trading or demo accounts. Still, they are well worth your consideration. Let�s take a look at what they have to offer.

Getting Started on Grand Option

Note that you cannot trade on Grand Option if you are located in the USA; this is because they are regulated by CySEC. If you are located anywhere else in the world, you will find that Grand Option makes trading accessible and friendly by offering numerous deposit options and currencies. You can use your credit or debit card, wire transfer, Skrill, CashU, or any number of other deposit methods. Currencies you may deposit in include US Dollar, Euro, British Pound, Japanese Yen, and Turkish Lira.

The minimum deposit for Grand Option used to be $100, but it has been increased to $250. This is more than reasonable, however, since the minimum trade size is $25, and you would not want to place trades that size on a $100 account. The maximum trade size is $20,000, so Grand Option is a great choice if you have a large account.

Several different account tiers are offered by Grand Option: Standard, Gold, and Platinum. The Standard account is the basic account, and comes with the most basic features and the lowest bonus. Gold account holders can enjoy personalized portfolio management and one-on-one training, as well as an additional 2% return on every successful trade. Gold account holders get one free withdrawal monthly. Free withdrawals are unlimited at the Platinum level. Platinum account holders (also called VIP account members) make extra returns and get personalized training from senior staff members. But keep in mind that investors can lose all their capital by trading binary options.

One drawback of Grand Option to be aware of is withdrawal fees. The fees vary depending on the withdrawal method you are using. You can expect to pay 3.5% for every credit or debit card withdrawal, 2% for every Skrill withdrawal, or a flat fee of $30 for every wire transfer. This is not so great, but if you have a Gold or Platinum account, you can get around the fees. The extra returns help to make up for them on the Gold account, and on the Platinum account, you do not have to deal with them at all.

Bonuses on this site are massive, the biggest I�ve seen! Standard account holders can get 100% match bonuses on their initial deposits. At the higher tiers, you can get bonuses as high as 100%. Grand Option is one of the few binary options brokers to offer bonuses for repeat deposits and not just the first deposit, which is great if bonuses are something that is important to you. Always use care when accepting bonuses; remember that higher bonuses can be more fun, but they can also carry more risk.

Grand Option Trading Features

On Grand Option, you will trade using the popular Tech Financials platform, which you may already be familiar with since so many sites use it. On the left, you will see Short Term and High/Low options. In the FAQ, Grand Option actually talks about additional types of trades, including One Touch, Boundary, End of Day, End of Week, End of Month, and Weekend. Most of those trade types actually refer to expiry times�which do not appear to be present on the trading platform. I can only assume that they are in the process of adding these trade types to their platform, and simply have not gotten around to it yet.

There are 76 commodities, stocks, currencies, and indices available to trade on Grand Option. This site is missing Double Up and Rollover (which is unfortunate), but Early Closure is available, which is a more important tool.

Lots of Resources and Great Customer Service

Grand Option offers far more in the way of educational resources than most binary options sites. In their education area, you will find not just a glossary, FAQ, and how-to pages, but advanced articles on trading, a whole video tutorial series, an interactive eBook, and more. The company hosts webinars routinely for their traders, and at the upper tiers, provides one-on-one training. While these resources will not teach you everything you need to know to become a successful trader, they will definitely get you off to a great start. Most of these resources are available before you even register an account or deposit money.

Customer service at Grand Option is also impressive. You can contact the customer service team through email or over the phone, or you can open the live chat dialogue box. When I opened live chat, I was greeted immediately by a real live person, who promptly and informatively answered my questions without complaint. It is really very rare in the binary options world to receive such prompt customer service, and even rarer to find an agent who is willing to answer questions so readily. Some of my questions were very specific, and I received very specific answers, not the usual �contact your account manager� runaround you get on most websites.

Grand Option is far from perfect. They are sorely in need of a demo account, and really need to hurry up and add all the types of trades they list in their FAQ to their trading platform. The withdrawal fees are something of a pain as well. Despite these shortcomings, they have a number of strengths that a lot of sites lack. The resources are awesome, the website is well-designed and informative, the company is regulated, and the customer service is excellent. If you are an international trader, it is well worth your time to have a look. Grand Option may be a good fit for you.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect Choice For Beginners!
    Free Demo Account!
    Free Trading Education!
    Get Your Sing-Up Bonus Now!

  • Binomo
    Binomo

    Only For Experienced Traders!

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