OptionWeb Broker Review

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OptionWeb Broker Review

RISK WARNING : Forex and CFDs trading on margin carries a high level of risk and may not be suitable for all investors. There is a possibility that you may lose part or all of your initial investment. Prior to trading you should fully understand all the risks involved with trading and take into consideration your level of experience. Please click here to read the full risk warning. Seek independent advice if necessary. Optionweb is a brand name owned and operated by Spot Capital Markets Limited , a Cyprus Investment Firm , Licensed and Authorised by the Cyprus Securities and Exchange Commission (CySEC), under license number 210/13. Spot Capital Markets Limited is located at Kanika Business Center, 319 – 28th October Street, 2nd Floor, Limassol, 3105, Cyprus.

Restricted Jurisdictions: We do not establish accounts to residents of certain jurisdictions including Canada and USA. For further details please see Terms & Conditions.

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OptionWeb Broker Review

�� Demo Account:
⚖ Allows Hedging:
�� Allows Scalping:
�� Headquarters: Cyprus
�� Founded:
�� Trading Platform(s): SpotOption
�� Regulating Authority(s):
�� Minimum Deposit: 200
�� Maximum Leverage:

Visit OptionWeb
Risk Warning: Your capital may be at risk

Our Review of OptionWeb

OptionWeb is an online binary options broker that aims to provide a trading platform that reduces the high risks that can be associated with online trading.

Account Types + Opening

There are six types of account that traders can open with OptionWeb. They range from the basic Starter Account which is aimed at beginners who want to get in to trading for the first time, to the Diamonds Account which is ideal for professional traders. Each of these different account types has different bonuses and features associated with it. For example, with the silver account there are 180 different assets to trade with and trades have a yield of up to 83%. It is also possible to open a free demo account in order to get to grips with the OptionWeb platform before making a commitment to a full account.

Promotions, Sign Up + Deposit Bonuses

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In one sense, the bonuses that you get with OptionWeb will depend on the type of account that you hold, and these bonuses come in the form of unconditional guaranteed trades. Rather than simply having different bonuses that are attached to different account types, as many online brokers do, this broker also rewards loyal customers with additional bonuses as time goes on. There is also an initial sign up bonus which takes the form of guaranteed trades. For example, with an initial deposit of $250, traders get 10 guaranteed trades that are each worth $10.

Commissions and Fees

OptionWeb offers ‘Commission Plans’, which vary depending on the types of trades that are made. But, in general, returns range between 65% and 85%. Fees are also associated with withdrawals (these are $25 for a small withdrawal) and with maintaining some of the more high powered accounts.

Trading Platform Review & Mobile Apps

OptionWeb has yet to create a mobile app, and its trading platform feels much more basic than other more slick and contemporary looking

Deposits & Withdrawal Methods + Ease

There are six deposit methods with OptionWeb: credit or debit card, bank transfer, Skrill, Neteller, Neosurf and PaySafe. All of these methods excluding Neosurf and Paysafe can also be used for withdrawals. The speed with which your withdrawal is processed will depend on the type of account that you hold, though overall withdrawals will take between 5 days and 48 hours to arrive in your bank account.

Regulators & Safety: Are they a reliable, legitimate broker or a scam?

OptionWeb is a legitimate broker, and it is licensed and regulated by CySEC.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

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    Free Trading Education!
    Free Demo Account!
    Big Sign-Up Bonus!

  • Binomo
    Binomo

    Good Choice For Experienced Traders!!!

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