Year established: 2012
Deposit and withdrawal via WebMoney: Yes
Minimum Deposit: $100
Minimum Trade Amount: $5
Maximum Per Option: $2500
Demo Account: No
Languages: English, Arabic, Spanish, French, Italian
Headquarters: London, UK
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On Top of its Game
TopOption is run by Safecap Investments Ltd., which also operates other reliable forex and binary options brands such as Markets.com. The broker has its HQ in Nicosia, Cyprus and recently it became a licensed EU broker. Compared to many other brokers with 60-80 assets, TopOption proves the trader with a selection of over 180 tradable assets.
The broker offers impressive payouts that can go up to 85 per cent with a variety of expiry times. According to our research, an experienced team of financial analysts founded the company with a single aim: to provide an all-round service to novices and veterans alike. TopOption’s main focus is on education and its website boasts with excellent materials for traders to learn from. Moreover, the broker offers added features such “Stock Pair”, “Trader’s Choice”, animated history graphs, and a buy-out options.
TopOption’s trading platform emulates the typical design that most binary brokers have implemented, featuring a guileless and straightforward user experience and the trader does not have to download the platform in order to trade. The trading platform is trademarked and can be gained access to either by the web or using mobile devices, such as iPhone or the Android smartphone. The trading takes place according to stringent industry security procedures and etiquettes, thus guaranteeing that the trader’s financial transactions and personal details are always monitored and kept private.
Customer Service & Deposits
The broker is regulated by the Cyprus Securities and Exchange Commission (CySEC), and customer accounts are segregated and insured up to €20,000. Deposits can be carried out through a number of methods, including Credit Cards (VISA/MasterCard/Delta), Liberty Reserve, Bank WIRE Transfer, Web Money, Moneybookers, and Neteller. Withdrawals are handled rapidly, particularly when standard is already on the database. There are no additional TopOption withdrawal payments, but specific banks might charge for services, regardless of TopOption’s policies.
Account options vary according to clients. Starter ($100), Pro ($1,000), and VIP ($5,000), all with variable welcome bonuses. Bonuses can be discussed with personal account managers and based on our experience, the account managers are friendly and reasonable.
TopOption is a safe choice for traders interested in the binary options market. They are one of a handful of brokers to have received an EU license, and offer an extensive variety of both assets and features that are often well above the general industry standard. Customer accounts are insured, a rather uncommon advantage that addresses apprehensions related to personal security. The broker’s resource materials are excellent, and their skilled multi-lingual staff is both knowledgeable and well-mannered. Payout ratios are very good, and platform entrance from the web to mobile is also sustained. TopOption has made a brave attempt to distinguish itself from contenders, and it will quite possibly turn into a frontrunner in the field of binary options trading.