The binary options broker OptionWeb is owned by Lionsman Capital Markets. They are among one of the very first binary options brokers to be licensed and regulated by CySEC. But users can enjoy even more supervision, because OptionWeb is registered with other authorities as well, such as the ACP in France and the FCA in the UK. Established in 2012, OptionWeb has over the years proven to be a professional and highly secure broker who offers its users a good trading experience.
OptionWeb runs on the white label trading platform developed by SpotOption. This is one of the leading providers of binary options providers. OptionWeb’s platform is easy to use and will feel familiar for those who already have some trading experience. Many different trading methods are available on the platform, making for a diversity of trading opportunities. Among the trading methods are “Pairs” and “Roll Forward”. There are six trading methods in total.
In order to make their trading platform accessible to anyone, OptionWeb offers a personalized training to every new trader on their platform. Additionally there is also available a free Ebook, in which everything about trading with OptionWeb is explained.
Start Trading with OptionWeb
Signing up for the trading platform of OptionWeb is as easy as it gets. The only thing that needs to be done is to fill in personal details and make a minimum deposit of 200 EUR / USD. Once the deposit is made to an account, trades can immediately be made. Deposits can be made with all the usual payment methods, such as credit cards, Skill MoneyBookers and NETELLER.
One of OptionWeb’s strengths is their ability to cater to a diversity of traders. Because each trader is different, Option Web has a number of different accounts. Which account is assigned to a user, depends on the deposit that is made to open the account. This begins with the Start Account for a deposit of 200 EUR / USD to 1000 EUR / USD, up to a Diamond Account starting from deposits of 250.000 EUR / USD.
The platform is available in most popular languages, among which are Spanish and German. And, very important, the Option Web is mobile friendly, meaning that the platform can be accessed and used from all types of devices, from all over the world. No installation or downloads are necessary.
The payouts of OptionWeb are different for each of their account types. Starter Accounts have a payout ratio of around 83%. Better accounts receive a better ratio, with a maximum of 90%. This makes opening a Gold or better account definitely a thing to consider, especially for experienced and full-time traders who plan to invest a lot of money in binary options. The small increase in the payout ratio will add up over time, returning the investment by simply using the trading platform.
Other trading methods can increase the payout rate enormously. For instance, by using the One Touch method, a ratio of 600% can be achieved. In this way it becomes possible to gain a lot of profits in a short amount of time.
Index of Assets
The assets OptionWeb has available are divided in the 4 popular categories of stocks, indices, currencies and commodities. The total amount of assets available in these categories combined, adds up to 56. At first this might seem a moderate to low amount. However, considering there are 6 different trading methods with which the assets can be traded with, there is a large amount of diversity.
OptionWeb gives its customers a solid and well-rounded support. They can be contacted in a number of different ways: Email, Fax, Live Chat, Phone and Web Form. And because traders are located all over the world, their customer service is fluent in German, Spanish, French, Dutch and Italian. They are available for contact 12 hours a day.
OptionWeb is clearly one of the most reliable and regulated brokers available to traders. They are registered with professional authorities all over the world, ensuring the users on their platform can trade with a feeling of complete safety. Subsequently, their trading platform is very easy to use and offers many different methods of trading. For serious traders Option Web grants the possibility to open a more professional account, yielding a higher payout ratio on all trades that are made. This can amount to big profits over time. On the other hand, traders who are new to binary options and the online platforms, are offered many educational tools and support. Anyone can become a professional trader with OptionWeb.
Even though OptionWeb has one of the highest payout ratios among all binary option brokers, it is a shame this high payout ratio is only available for traders who invest a lot of money on a Gold or higher account. Not every trader has the funds to open such an account, and is therefore limited to a 83% payout ratio. This is not necessarily bad, it is equal to other broker, but it should be better if higher payouts were available to everyone. As it is now, there is no real reason to choose OptionWeb over any other broker. Of course, OptionWeb is not a bad choice, but there is nothing very special about their services or offers.
OptionWeb Review Final Verdict
As far as reliability and security goes, OptionWeb is one of the best. But other than that they are not a standout broker. The higher payout rates are only available if thousands of funds are invested. But they do offer a feature-rich trading platform with a great educational system for newcomers. Their customer service is also very professional and effective.
So, in general, the trading platform works well and is user-friendly. Starter Account payout rates are just okay but nothing special. But because they are so well regulated by many international authorities, OptionWeb is able to offer a secure service of good quality, nonetheless.