PlusOption Binary Options Broker Review
PlusOption is a binary options broker recently established in 2015, owned by TradePlus Solutions Ltd., and are located in the Marshall Islands.
PlusOption has a diverse asset offering, makes trading quick and simple, and puts a strong emphasis on client safety. With this said, let’s put PlusOption to the test in this broker review.
PlusOption offers four different account types that come with a variety of features. They offer 190 trading instruments. Available accounts include: Micro, Silver, Gold, and Diamond.
- Micro – This account requires a $250 initial deposit and comes with daily market reviews and free trading alerts. This account type is the best option for new traders.
- Silver – The Silver plan requires a $2,500 deposit and comes with all the features in the Micro account, but also includes a personal account manager.
- Gold – The Gold plan requires a $10,000 deposit and comes equipped with a tailor-made financial plan, a personalized risk management plan, and a personal trading analyst. The Gold plan is their most popular account.
- Diamond – Diamond requires a $50,000 initial deposit and comes with everything mentioned above. It also includes speedy withdrawal requests, access to VIP events, and higher trade returns.
Most traders willl be glad to know that PlusOption runs on the incredibly popular SpotOption trading platform. One reason SpotOption is so popular is because it’s a simple platform, and there’s also eight ways to trade using a variety of expiry times. Their payouts range from 75% to 86% for most trade types.
From 60 second High/Low options to Pair trading and ladder options, there’s no shortage of ways to make money through PlusOption. Even if you’re not in the mood to trade binary options, just hop on over to their Forex/CFD trading section, or, if you’re on a losing streak you can utilize PlusOption’s SpotFollow trading tool, which allows you to copy the exact trades made by profitable users.
PlusOption’s simplicity and dedication to trader education makes them an excellent broker candidate for new traders getting familiar with binary options. Also, their wide set of tools and large asset index make this broker an attractive investment for advanced binary options traders. Overall, PlusOption is a broker with the ability to meet every traders needs.