OptionBit Demo Account

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Broker!
    Perfect for beginners!
    Free Demo Account! Free Trading Education!

  • Binomo
    Binomo

    Only for experienced traders!

7 Binary Options

UPDATE (12.01.2020):

We have found out that OptionBit has shut down their operations.

We recommend choosing one of our top binary option brokers instead:

Min. Invest Min. Deposit Max. Returns
All brokers >>
Min. Invest Min. Deposit Max. Returns

Try also Binary Option Robot if you are looking for automated binary trading.

Old Review:

Opening a binary options trading account with OptionBit comes with an array of benefits. For instance, the company offers demo trading accounts for its clients to practise and learn how t trade in binary options. While a good number of traders may not understand the benefit of operating a demo account, there is a lot to gain by operating OptionBit demo account prior to opening a real account and trading in binary options on this platform.

A demo trading account is platform that is similar to the real binary options trading platform, but used virtual funds to open and close trades. Although you will not be in a position to earn any profit from operating this type of accounts, it presents a good chance to learn how the binary options market works. Additionally, OptionBit demo accounts help traders on this platform learn how the various tools and assets on the platform function. This will, in turn, enhance their trading experience while trading in binary options on the real trading platform.

Prior to opening an account with and investing in binary options with any broker, it is highly advisable that you try out there services, features and assets. The best way to do this is to open a demo trading account with the broker or binary options signals service. Currently, OptionBit is offering traders an opportunity to try out their platform and exercise the various binary options trading strategies, prior to investing in this trade. The OptionBit demo accounts are an excellent opportunity for you to trade in binary options risk free, hence learn how the entire process works. This will translate to long term profitability while trading in binary options in the real binary options trading platform offered by OptionBit.

While it is not imperative for traders to start with a demo trading account before opening a real trading account, we highly recommend this option, especially for the beginners in the industry. Again, if you are experienced in trading binary options, but have never used this platform before, you should consider opening the OptionBit demo account and using it for a while prior to operating a real trading account. For the experienced binary options traders, the demo trading accounts will help you learn how to use the various trading tools and features offered by the company. As such, you will not have any difficulties trading in binary options on the real trading platform. The golden rule here is that, if you happen not to be sure of what you are signing up for, you should start with a OptionBit demo account.

Currently, the OptionBit binary options trading platform is being admired and coveted by numerous traders from different parts of the world. This is primarily because of the outstanding support services and competitive features on offer by the company. The OptionBit demo account is not different from the real trading account, other than the fact that traders use virtual funds on the demo accounts. As such, the demo accounts offered by this company are the best opportunity for traders to learn this trade and stand a better chance to profit while trading in binary options on the real OptionBit trading platform. With the OptionBit demo account, you can easily and conveniently learn and try out the various binary trading strategies risk-free. Additionally, the demo trading platform will help you mater various trading skills that will enhance your chances of making profit on the real trading platform.

The OptionBit Trading Platform

Prior to signing up with any binary options broker, it is highly advisable that you take your time to learn how their platform works. This is important because you will be spending much time and money trading in binary options on their platform. Getting to know how the platform on offer by any given broker works will help you ascertain whether it is possible to make profits trading in binary options with the broker. One of the binary options trading platform aspects that you should try to learn as much as possible is the payment processes, including the deposit an the withdrawal processes provided on the platform. At 7binary options, we have been reviewing some of the well renowned binary options brokers and binary option robot. Over the period that we have been doing this, we have coma across many complaints by traders on various trading platforms. The majority of complaints by traders on the various trading platforms have to do with the payment processing of the broker. As such, we encourage our readers to carry out some research on this particular area of a broker before using it to trade in binary options.

At 7binary options, we also strive to bring our readers a detailed review of any broker that we have investigated and listed on our list of trusted brokers. Having investigated the OptionBit binary options trading platform, we are confident that it is among the best legitimate binary options brokers you can find today. The platform was designed with traders in mind. As such, it is one of the best platforms today, with regards to helping their customers profit from trading in binary options and having the best trading experience. Regardless of your experience in trading binary options, the platform has all the tools and features you will need to become a successful binary options trader. Whether you are a beginner in this trade of an experienced trader in binary options, OptionBit is among the best binary options trading platforms you can sign up with today and profit continually. Additionally, the many traders using this platform, from all parts of the world, can attest to the fact that OptionBit indeed offered great binary options trading experience for all its customers.

With OptionBit, you do not necessarily need to be an experienced trader in binary options for you to profit from investing in the trade through this platform. The company offers an array of services, tools and features to help the new entrants into this trader master the various trading strategies and eventually profit from speculating price movements of assets in the financial market. In this regard, OptionBit is one of the best brokers for the new and inexperienced brokers today. The trading experience on this platform is also great. This is mainly because of the various assets offered by the platform, which leaves the trader with complete control over what he or she can trade on this platform. The company also offers an array of practical as well as beneficial trading tools land features, both for the beginners in the trade and for the experienced traders in binary options.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Broker!
    Perfect for beginners!
    Free Demo Account! Free Trading Education!

  • Binomo
    Binomo

    Only for experienced traders!

Bonuses offered by OptionBit

Many binary options traders today are very choosy. As such, they are putting the various bonuses and promotions offered by any broker into consideration prior to opening an account with the broker. Having this in mind, we carried out a research on the company and are happy to bring you detailed information, regarding various promotional features and bonuses offered by this company. The OptionBit broker is among the leading providers in the binary options industry that are offering high bonuses to their customers. The bonus on offer by this broker is not selective on customers, based on their location. The company also accepts registrations by traders in the USA. In this regard, the traders in the USA will also have access to the same bonuses and promotional features on offer by this broker, just like it is the case with traders from other parts of the world.

As compared to a horde of other reputable binary options brokers in the industry, the minimum initial deposit imposed by OptionBit broker is comparatively low, $200. With this initial deposit, you can get impressive bonuses, which may add up to $500. This leaves traders with a sizeable amount of investment to trade in binary options. The minimum amount required to open a position on any of the many assets offered by this broker is $10. This is top say that traders can open at least 20 positions prior to depleting their initial deposit. This coupled with the training and experience gained through the demo account gives a trader a great opportunity to continually profit from his or her investment in binary options.

Owing to such high bonuses that the company offers to its traders, the company has become very popular, not only in the UK and France, but also in all parts of the world. As a result, the platform has managed to attract thousands of traders from various parts of the world on their binary options trading platform. This increased number of traders on this trading platform is not just because of the huge bonuses offered by the broker, but also because of the many benefits associated with trading binary options on this platform. Such aspects make OptionBit a fascinating broker that offers a legitimate chance for traders to make profits while trading in binary options.

OptionBit is among the few binary options trading platforms today that are offering their customers up to 100 percent of their deposited amount as bonus. This is magnificent, bearing in mind that most of the renowned brokers are only offering 30 percent initial deposit bonus to traders on their platforms. In addition to the educational features that the company offers its customers, this huge initial deposit bonus leaves traders with a larger amount to invest in binary options; hence increasing the probability of them making profit in the market.

Trading in Binary Options with OptionBit

When looking for the most appropriate binary options trading platform for you to invest with, you need to consider the ease of navigation and use of the platform provided by nay given broker. In this regard, OptionBit is also a leader. The broker offers a seamless trading platform that features an array of beneficial trading tools and features. The ease of use of this platform, coupled with the many support features and a wide range of assets to trade in makes this broker a leader in the industry. As such, it happens to be one if the few brokers offering a platform that is easy to navigate and make profit while speculating on the price movements of various items in the financial markets. The platform features high quality support services for the traders on this platform.

Based on the expert traders, this company offers a trading platform that is easy to start trading in binary options, regardless of the trader experience in the trade, has a comparatively low initial deposit requirement and offers the bet opportunity possible for traders to profit while trading in binary options. Additionally, the OptionBit binary options trading platform allows its users to invest as much money as they want in the financial markets. The company also offers a demo trading account that helps traders, especially the new entrants into its trader, to nurture their skills in trading binary options. Additionally, the company offers the traders in its platform an array of educational material to help them learn the trade. While a good number of reputable binary options brokers today do not accept traders from the USA, OptionBit does not discriminate its customers on the basis of their location. This is to day that the binary options traders based in the USA have access to the same features and trading platform as the traders from the other parts of the world on the OptionBit binary options platform.

In addition to being capable of accepting traders from all parts of the world, the company has several measures in place to help their customers profit from trading in binary options. For instance, the OptionBit broker offers various educational materials on its website to guide the traders on this platform on the right investment path. Again, traders on this platform may also use the demo account on offer by this broker to practise trading in binary options.

Optionbit Demo Account

Optionbit Demo Account – The Key to New Possibilities

Optionbit is not like other platforms because it has a few tweaks here and there that are totally new. Albeit these are tweaks that make it far better in many ways but they are still different and it takes people time to get used to the new environment.

That is why the Optionbit demo account feature that they have put together is so important to the people who have just arrived to this new gateway. This is something that is equally important to the people who are completely new to the field as well as those that have been working here but in other platforms.

This feature allows them a unique opportunity to get acquainted to the different added features that they have to work with to make money to the fullest potential.

How is the Optionbit demo account so useful?

The first time payment on Optionbit is a very meager issue. But still there is another even better option for those who wish to learn the ropes. That would be the Optionbit demo account which is up for grabs.

This is something that makes trading so much more easily because there is hardly any investment and still you get a fully functional account that follows the market pattern completely and also comes with a complete eBook to let you know what you are up against. Hence the Optionbit demo account is a complete package.

How to get one?

The Optionbit demo account is something that makes life an easier ordeal for the traders. To get it all you have to do is get to their site and sign up. This will allow you to take a look at everything that is going on at the moment.

The real life situation is something that is what the green horns need to see. Also once a mere $10 deposit is made and your account is started you will be credited a total of $500 to use as you want. You cannot of course draw this amount and it will be credited to you once you have made the money.

Do we make money on the Optionbit demo account?

Basically the amount that is the grace amount is just to get you acquainted as you can use the touch option in real life but you cannot withdraw. So basically you cannot make money at first. Once this money has been recollected you can of course get to make the money that you deserve.

How to turn it into a working account?

There is a minimum amount that needs to be paid to get it started immediately or else you can continue to work on the Optionbit demo account and once the limit has been reached you can immediately transfer to a working account. This is a very useful arrangement once you get the hang of it and then you can make the choices for yourself.

The Optionbit demo account is an excellent addition to the whole setup because it is useful and essential.

OptionBit Demo Account

Trading binary options can be a little overwhelming at first, especially if you’re not too familiar with the basic concepts of trading. That’s why some starters tend to make wrong decisions when they begin trading in real time, which usually results to profit losses. This is the reason why some binary options brokers offer free demo accounts for each starter to try. Luckily for you, the OptionBit demo account is readily available to all new traders who want to spearhead their trading career with us.

We at OptionBit believe that everyone has the right to experience our trading platform first before they begin doing live trades. We give prime importance on the investments they may lose due to improper use of our trading platform and tools. With this, our demo account serves as a gateway for a more profitable world that awaits them. After all, we’re proud of the simplicity and professionalism of our platform, so we’re confident that new traders will have an easier and more comfortable time using it.

Our Option Bit demo account provides the actual simulation of live trading, complete with assets and trading tools. Every trader who uses our free demo account will have $500 automatically loaded in their credits, which they can use as their investment amount for every trade they wish to make. Starters can choose from our long list of assets that include Google shares, oil, Forex, and FTSE 100 FUT among many others. They will also have the freedom to choose the up/down, range, and touch trading options when using the free demo account.

Once an asset and option have been chosen, you can experience the actual feel of trading digital options. Live graphs showing current market behavior will be projected on the platform as you wait for the expiry time to find out whether your contract will end in-the-money or out-of-the-money. If you have made the correct prediction, you can earn a high payout as high as 81% on a single trade, and your profit will be instantly added to your credits. However, a significant decrease in your funds will be realized if you have made the wrong call. But with OptionBit’s cash back system, you can expect a return of up to 15% for every trade loss.

The demo account is also loaded with OptionBit trading tools. Use these tools to learn how to maximize your profits and minimize risks. The available tools in the OptionBit demo account include the Extend and Close Now features. When you’re using the demo account, make sure to take advantage of the tools so you will already know what best to do during crunch time.

Our free demo account is only valid for 30 days, so never miss an opportunity to use it. Once the period expires, you will be prompted to make your initial investment so you can begin trading digital options in real time. Keep in mind that the $500 previously deposited in your demo account will no longer be carried over to your real-money account.

Make the most out of our demo account so you can be the best trader you can be. With OptionBit , you can easily boost your investments in just a short period!

Free Binary Options Demo Account

Social media stocks were on the rise. Facebook (FB 22.00, +1.28) jumped 6.2% following reports which suggested the company is set to introduce a real-time ad program.

Social media stocks were on the rise. Facebook (FB 22.00, +1.28) jumped 6.2% following reports which suggested the company is set to introduce a real-time ad program.

social media stocks were on the rise. Facebook (FB 22.00, +1.28) jumped 6.2% following reports which suggested the companey is set to introduce a real time ad program

Binary Options Free Demo Account

One of the best ways to learn the particulars of binary options trading is to begin your learning experience using a demo account. This allows you to make trades without risking money and suffering from the fear of losing anything in the process.

Binary Options Practice Trading Account

Utilizing a binary option demo account will help a new binary option trader to obtain knowledge without risking genuine money. This is purposely made for a particular platform. As a consequence, when a binary trader is fascinated in trading a binary option without actual skills yet, it is smart choice to register for binary option demo account. >> Read more.

Binary Options Trading Demo Account

One of the greatest ways to obtain experience and know-how on binary option trading without the alarm of losing your investment is through Binary option demo account. You simply want to open an account which allows you to trade demo. >> Read more.

Why You Should Use A Free Demo Account In Binary Options Trading?

There are many brokers that offer binary trading options demo programs and you should find one that suites your needs. Find a broker that you trust and move ahead from there.

Using binary options demo account allows you to take advantage of everything that you’d experience if you were actually make live trades. The good part is that you don’t risk loss in the process. One of the best I’ve discovered is Global Option. This company has been around for quite some time and from what I’ve been able to learn they have a great track record in binary option trading.

Opening a binary options demo account is quite straightforward. You simply go online with the broker you’ve chosen and enroll in their program. Once signed up you’ll be asked to create a demo account and establish a password to use. It is as simple as that.

You might be convinced, after having used the demo account, that binary trading is a win-win situation. Take care in this however as it certainly isn’t as easy as it might seem at first. Take your demo account as seriously as you would as if you were actually making real trades. Track everything you do and note your losses and successes as you go. Only after you’ve learned the basics and experienced trades should you actually go live with an account. Conducting binary trades without proper learning and demo experience can be very costly. Don’t take the chance.

The demo account offered by OptionRally is a valuable tool and one that you should become totally familiar with. They have an excellent track record in binary options trading and are qualified to guide you through the learning experience.

Binary Options Virtual Account

Binary option virtual account operates exactly like how a real account can. This virtual account enables you to have the experiences in binary option trading without risking any real money. It is designed to train you on how to manage your money and binary options strategies in the future. Like in real binary option, this virtual account also allows trader to buy put or call and to trade similarly in using real account. Like any other virtual software, you can also trace trading history. This trading platform also includes useful tools and added features.

Binary option virtual account is much easy and not that complex of what most traders think of. It also offers forex options, stock options and commodity options. Now, you don’t have to waste your time on some binary options demo trading account. With these virtual platforms, you can enjoy its simplicity and hassle-free experience without spending any penny. There is no high risk experience involve in using this virtual account instead it only involves sensible option. It is safe and gives traders an opportunity to train their trading strategies and to try different option as well. There is no real money involved therefore it is safe to learn.

Binary option virtual account is very useful and affordable. Although it is just a virtual platform, it is also important to treat and see it as your real account in order to train yourself in binary option trading. With this kind of training, you will rest assured that you are ready to face the real trading.

Binary options demo account was originally initiated in 2008. The binary options trade is a means of investing your money and earning more profit out of it. And since the binary options trading account started, more and more individuals started showing interested and invested in it. >> Read more.

Binary option trading is quick and thrilling method of making investments. But this does not mean that it is a simple or risk free process. This can be true to some extent because a binary option trading is in fact quite hard to make cash and involves several risks. And due to this reason, it is pretty vita to get a binary option demo account. >> Read more.

Binary Options Demo Account Platform

Trading in binary option is easy however it is still risky because it involves money. This is the reason why traders have to train using binary option demo account.

Binary option demo account is another best ways to train, gain experience and to acquire adequate knowledge about binary option trading. Using demo account is not risky and hassle free since it doesn’t involved real money. All you need is to sign up for an account that allows you to practice trading demo. Some of the binary option brokers don’t offer a demo account. Although there are some that offers free online, you have to be careful because there are many scams online.

Binary options demo account also includes functions and some additional features like what real account have. It let you feel the real trading experience without risking your time, money and effort.

Do you know that some successful traders use binary option demo account? Like any other virtual platforms, this demo accounts let traders even novice to experience the potential success in real life trading. Creating and account is simple like what others do in some common site. All you have to do is to be consistent on your plan of reaching your goals when it comes to trading.

It is suggested that traders who are serious in his passion must learn to practice using demo first is order to equip yourself with proper knowledge on how to use money management and how to use other trading strategies.

Binary Options Demo Account No Deposit

What are the benefits of Binary Options Demo Account No Deposit? It generally refers to a circumstance in which the trader receives the binary option trading bonuses from their respective binary options brokers and that too without any initial payment in their trading account.

Generally, the binary options brokers offer bonuses to their client if he has made a deposit of fixed amount prior to trading. The whole concept of the binary trading bonuses is to enable the trader to hold higher positions in the marketplace, or even enable to trade several times with the specific one. Such a thing simply implies an opportunity for a binary broker to make more profit with regard to increased trade commissions.

So, if such is the case then why there are few binary option brokers that offer binary option demo account without any deposit from clients? Or how does the trading bonuses award system operate? The binary options brokers are very well aware that the lone method of getting cash is by increasing number of clients they have. Typical strategies of marketing such as purchasing slots are quite expensive.

Not only this, such type of ads could make its impact on only a specific section of society. On the other hand the online world is reaching a stage where it will become omnipresent. With smartphones people are able to access internet from any part of the world. Thus, the binary options brokers have made a huge impact on internet. The binary option very well knows that the binary traders have spread out due to presence of several online ads that are ample with regard to the forex service.

These days there are numerous binary options brokers present online and searching for one has become quite an easy task. Though, if you are somebody who is new to this field, then you must perform an extensive research with regard to brokers which provide binary options trial account. With the help of a demo account, one could get familiar with the platform that is utilized by a broker whom you have decided to go for. This way you can easily improve your skills for the binary options trading. The demo account assists its users to know about how to perform trade without taking any risk with money. Like this one could easily decide whether he is ready to perform real trade using real money.

Binary Options, Learning To Trade Without Risk!

It can be scary to venture into the investment world there is no doubt about it. However, you can take the leap without risk by using a specific platform that allows you to investigate without investing any money at all. Here is how you do it:

Experience is the key to successful investing in binary options. If you jump into the market without know what you’re doing it can be a fatal investment mistake that could end up costing you thousands of dollars.

A demo account can be set up that allows you to explore without actually taking any risk. It allows the new person interested in trading binary options the ability to see the inside of trading without having to commit any funds. By using a demo account you can make a test run of anything you’re interested in and see how you would have done. It really is fun to do and you’ll learn as you go. You gain experience as you use the demo program and gain also the confidence you’ll need when you do finally make the jump into the binary options marketplace .

How Will You Trade Binary Options

In order to succeed in binary trading, it is very important to first recognize the working with this trading choice. Any form of financial instrument possibly increases in importance or decreases in the market at specific moments. The binary trading selection allows the dealer to quote around the fall or rise of the cost degree of such a monetary instrument within a certain time limit. When the speculation of the trader is correct, then he or she gets the bid value. In the event the resultant value of the economic instrument following the given period of time is contrary to the conjecture of the dealer, then he receives no reward.

Once there is an agreement in binary trading, one cannot break the agreement before the end of the duration of the agreement. It is crucial that you do research before buying the marketplace, though the timeframe is limited for such trading. It’s also crucial that you comprehend the amount of investments, which must complete in a day to achieve a collection profit margin. Placing this particular purpose not merely motivates an individual to make a daily profit every day, but it also escalates the assurance when an individual reaches that particular profit target. Practice and rate would be the two important components in regards to trading in binary options.

Subsequent breaking information linked to the financial market is quite essential for binary trading. Ideal timing enables traders to make high levels of income, in regards to binary alternatives. Subsequent recent information of the economic market and going right on through recent historical data assists in understanding short term market changing circumstances.

Although it may seem to become a 50-50 chance of gain, going right on through historical knowledge and by subsequent current industry trends, a trader will have a way to forecast the results of a binary trade selection with high-level of reliability. But, for a trader, it’s very important to get the great system in order to trade properly on binary investment. Since the time frame for binary trading options are restricted, it is vital that you locate a trading program, which gives quality tech support team, several types of media services providing real time economic market analysis and similar other services.

Getting started in binary options trading

As we’ve already discussed there are software demo programs available from a variety of brokers online. By using one of these programs you will be allowed to make “imaginary” trades rather than actually having to make a real investment. This allows you to understand the market and develop the skills you’ll need when you make the decision to actually invest your hard-earned money in the binary options market. And, as I’ve previously noted, there might be a small investment required to begin using the demo program. This is generally between fifty and one hundred fifty dollars.

This amount is sometimes credited to your actual account when you open up a trading account with the broker from whom you’ve selected as a demo provider. The decision is yours as to whether you’d like to use any particular demo program and if you’re uncomfortable with investing any money at all simply move on to a different provider and perhaps you’ll be able to find a demo program that does not require any cost.

|Les options binaires compte démo gratuity | Las opciones binarias cuenta demo gratuita | Opzioni binarie conto demo gratuita | Binären Optionen kostenloses Demo-Konto | Бинарные опционы бесплатный демо-счет | バイナリーオプション無料デモ口座 | İkili opsiyonlar ücretsiz demo hesabı | الخيارات الثنائية حساب تجريبي مجانا | Δυαδική επιλογές δωρεάν δοκιμαστικό λογαριασμό |

OptionBit Review

OptionBit

Broker OptionBit
US Traders Accepted
Company Name Global View International Services Ltd
Headquarters Saint Vincent and the Grenadines; 272 Bath Street, Glasgow G2 4JR, United Kingdom
Regulation No
Bonus Type Match bonus
Bonus Size $500
Max Payout 81%
Out-of-Money Reward 0%
Trading Platform TradoLogic
Deposit Options Credit/debit cards, Western Union, Skrill and bank transfer
Deposit Currencies US Dollar, Euro, and Pound Sterling
Minimum Deposit $200
Minimum Trade $10
Maximum Trade $5,000
Online Since 2020
Trading Instruments Currencies, indices,bonds, commodities and stocks
Number of Trading Instruments 33
Binary Option Types Digital, Touch, Range
Customer Support Types Online chat and phone support (Monday-Friday 7:00AM to 9:00PM, GMT)
Education Offered Binary eCourse, Binary Tutorial, Free e-book on binary trading
Tools Offered Take Profit, Stop Loss & Roll Over
Commission The first withdrawal per calendar month is free, with subsequent withdrawals costing $30.
Languages English, Romanian, Dutch, Spanish, Turkish, French, Portuguese, Italian, Russian, Arabic, Korean, Japanese
Demo Account Free one-time one-day demo account on request

OptionBit offers more than 30 financial instruments for trading. However with OptionBit, traders from the US can trade in stocks only. Incorporated in Saint Vincent and the Grenadines, the binary options broker has an offices in the United Kingdom. They support several European languages besides Arabic, Japanese and Korean languages. The company was founded in 2020 and they offer payouts of up to 81%. They offer an in-the money reward of 75-81% but there is no out-of-money reward and it simply means loss for the trader.

OptionBit is not a regulated brokerage company. The company provides trading platform and tools to help support its registered traders. They provide a Demo Account with single day validity with free account registration. However, for activation of a demo account, the registered user will have to make a request. One can fund their account with a minimum amount of $200 only. And they have different funding modes such as MasterCard, Visa, Western Union, Skrill and bank transfers. Moreover, they offer attractive bonuses for depositing the account for the first time.

Trading Choices

The majority of the brokers offering binary options claim to provide a number of trading choices to its registered users, whereas OptionBit has a small collection of 33 assets. Many traders may not find a suitable trading option with OptionBit because of their limited number of assets. Availability of a wide range of assets brings in more traders to a company, as they get a number of choices. However, for European traders the Bund Bond offered by the company can be an appealing instrument. This German bond is greatly popular in the European asset market. However, they don’t have any asset from South East Asia and the Middle East, besides offering language support for the people of these regions. They however offer a range of currency pairs for trading and this perhaps makes them a profit-making broker.

Reliability

OptionBit is not a regulated company and at the same time, the trading platform offered by them is less commonly used in the industry. These two are the important factors that can make any trader to raise a question about their durability. The live chart support endeavors to make all trading trouble-free and there is hardly any delay in order confirmation.

Technical Analysis

OptionBit is again not a great company when it comes to provide technical analysis and tools to its traders. Traders need best charting and real-time market reports to help assess the market movements appropriately. OptionBit’s tools are not very smart and intuitive to help the traders. Many brokers today provide historical data and multi-directional larger charts whereas OptionBit provides tiny charts that can hardly help a trader to anticipate about the market. OptionBit should think supplying free charts and better tools to its traders so that they can ensure larger profits in the market.

Simplicity of Use

OptionBit has a simple user interface that anyone can easily understand and can start real trading very quickly. The interface is rather plain and clutter-free. The design endeavors to provide a simple navigation feature. However, the feature concerning customization of alerts is missing. Neither a trader can define a set of preferable assets to get alerts related to them. However, the money deposit and withdrawal options are quite simple.

Learning & Support

They also claim to offer learning resources in terms of Binary eCourse and Binary Tutorial, but which are not as exhaustive as needed to be to make understand everything about binary options trading. Registered users however can download a free e-book on Binary Trading to help develop a better insight of binary trading. The site also has a Quick Guide video tutorial that takes one through the journey to the binary trade. A FAQ page and live chat support are also there to help the users.

Conclusion

The best thing is that their minimum deposit is $200 only, which is very low initial investment for entering the binary options market and can be a preferable choice for the small investors. However, the trading platform offered by them is not used commonly in the industry. This may keep pro traders away from them. Moreover, they offer a limited number of options, which an expert trader may find again a less attractive aspect. And above all, they are not regulated by any organization or body and this limitation can keep many trading aspirants away from OptionBit.

OptionBit , 2.0 out of 10 based on 1 rating

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Broker!
    Perfect for beginners!
    Free Demo Account! Free Trading Education!

  • Binomo
    Binomo

    Only for experienced traders!

Like this post? Please share to your friends:
How To Choose Binary Options Broker
Leave a Reply

;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: