My IvoryOption Trading Experience
I found IvoryOption as an experienced trader. I was looking for a platform with a higher win rate than I was getting and I ended up with Ivory because of their 87% payout rate for standard trades. This is my basic review.
The platform is nice and sleek. Not a whole lot of flashy and unnecessary stuff clogging up the interface. It makes navigating way easier than with some other sites. It also moved very quickly and my trades were executed immediately with no lag time. In the past I had issues with delays in platform response which led to a difference in trade turn out. This can be a very bad thing. I was perfectly happy with the range of assets available – they came from all basic asset classes including commodities, stocks, Forex pairs, and indices. There were also the standard trade methods like High/Low, Ladder, One Touch, Pairs, Long Term and the super short 60 Seconds. They also have a Spot Follow option which is probably a really good idea for new traders to be able to follow the trades of more experienced traders. The minimum trade amount is $5 which is nice for beginner traders, and the payout rate, as I said, is really high: 87%!!!
Deposits & Withdrawals:
I had no issues with either deposits or withdrawals. They take credit and debit cards with tons of options for card choices, and they do bank wires and CashU as well. I made a few withdrawals already and they don’t charge a thing, although some local banks do. It took about 5 days max for my withdrawals to be processed. The minimum for deposit is $250 and they work with USD, GBP, and EUR. The minimum for withdrawal is only $100.
Most brokers I’ve worked with have education centers and IvoryOption provides a lot as well. They’ve got a great SuperTrader TV which is tons of videos about how to trade better and all kinds of tips and tricks. They also keep a Market News page with all the relevant global news that can affect asset prices. Altogether I had no issues with finding enough information to make good trades.
Bonuses & Special Features:
Regular deposits are eligible for bonuses which is nice because it gives more money to trade with. There is also a Refer-A-Friend bonus for anyone that brings in a new person who deposits. In fact, both parties get the bonus in this situation. Sometimes they have giveaways for different gadgets or cash amounts depending on a person’s trade volume. Best of all they have this One-On-One Live Trading thing which is like this personal training session with one of their professional brokers. I tried it out just to see and was impressed by how good they were at answering my questions and explaining different aspects of the markets.
I dealt with the customer support a few times. They always got back to me very quickly and resolved any issues immediately. They can be accessed via live chat, email, or phone.
I’m keeping my account because things have gone so well. They’ve got a great payout rate, really good educational materials, and a generally good setup with responsive customer support and a clean, quick moving interface. I recommend this brand to experienced traders like myself as well as new traders who might need a little more guidance.