|Brief info about the broker|
|Name of the company:||Optionbit|
|Market assets:||Currency Pairs, Stock Indices, Commodities, Stocks|
|Types of options:||Binary Options, One Touch, Pairs|
|Potential payout on options*:||91%|
|Deposit and withdrawal methods:||Visa, MasterCard, Skrill|
OptionBit is one of the industry leaders providing both novices and professionals with an unparalleled trading experience, along with state-of-the-art trading tools and services. No previous financial experience or expertise is required to become an online trader. OptionBit provides you with everything that you need in order to jumpstart your trading career. Its trading platform is suited for beginners who are interested in earning a secondary income but is also dynamic enough to satisfy the demands of professional traders.
The trading platform is of utmost importance when choosing a brokerage company. OptionBit has a user-friendly and intuitive trading platform. Other main points about trading with OptionBit include:
Wide variety of types of options and assets
Convenient deposit and withdrawal of funds
OptionBit’s platform is solely web-based and is able to operate on any web browser. This means no downloads are required that can noticeably slow down your computer. OptionBit also provides you with a mobile-based application that is available for Android, iPhone and iPad, which requires no download and has all the functionality as the desktop version.
OptionBit’s platform is dynamic but surprisingly easy-to-use. By offering a number of different tools that is sure to enhance your trading experience. For example, OptionBit enables you to close a trade before the expiry time and gives you the opportunity to extend your trade to the next expiry cycle with the ‘Extend Now’ feature.
Another feature is the useful ‘AutoTrade’ tool, which is perfect for long-term strategy planning, as it re-opens winning trades.
OptionBit offers you an ever-growing asset list, including profitable assets such as Facebook, Google and Apple. OptionBit has a wide range of currency pairs, commodities, stocks and indices to choose from. You are also able to access up-to-date information on the market along with a built-in signal that constantly scans the financial markets, ensuring you that your trades are accurate and reliable.
In today’s day and age where technology is constantly evolving, mobile applications are integral for all businesses. That is why OptionBit provides you with a mobile-based application that is available for Android, iPhone and iPad, enabling you to trade whenever and wherever. From executing new trades to managing your account, the OptionBit app provides you with a complete mobile trading experience. The app is compatible with all iOS and android devices, including tablets. All of the great features available on the app include; unlimited access to currencies, commodities and other markets, wide range of account management tools, no hidden fees or commissions and round the clock support.
Trading Features at OptionBit
Some of the trading features that are offered are:
Digital (Above/Below) – This is widely known and most popular form of binary options trading. All you have to do is determine whether the price of the option will rise or fall before the predetermined expiry rate. Most novice traders prefer this method and when they gain more experience will move on to more innovative options.
Range – Profit is registered if you correctly determine whether the particular asset’s rate in the predetermined expiry time is inside or outside a given range
Touch/One Touch – If the price of the chosen asset reaches or surpasses the predetermined barrier.
Turbo –Same thing as digital trading with one difference. The expiry times are 1, 2 or 5 minutes. Some assets even offer expiry times that are only 15-30 seconds long.
No matter whether you are a novice or a professional trader, OptionBit firmly believes that there is always something new to learn. If you are a beginner, you have access to an ever-expanding library of video tutorials and various other resources in order for you to trade like a professional. OptionBit’s extensive collection of video tutorials will teach you the basics, more advanced trading techniques and tips on how to improve your trading success.
If you are an experienced trader, OptionBit gives you the opportunity to gain more knowledge in order to hone your trading skills with advanced video tutorials that teach you new strategies and trading techniques.
There are also other resources on the website that are useful when trading, including a comprehensive eBook and an economic calendar.
OptionBit is dedicated to its trader success and for this reason has put immense efforts into developing the best training program. OptionBit’s training program takes place over Live Chat or the phone, according to the traders’ convenience. The training sessions are conducted one-to-one, solely between the trader and the market analyst.
There is no geographical restriction at OptionBit, this means no matter where you are located; you are always able to contact a customer support representative through Live Chat, email or phone. OptionBit’s customer support team are highly dedicated professionals, giving you every chance to succeed. The OptionBit platform also operates in a number of different languages.
Deposit & Withdrawal of Funds at OptionBit
OptionBit allows you to make an initial deposit with all of the traditional payment options and through other means such as Skrill. All you have to do is click on the cashier tab and you will be asked to determine your preferred payment method and the amount you would like to deposit. When you have made your deposit, click on the ‘proceed to secure checkout’ tab and you will be taken to an SSL protected page where you will be asked to fill in your details to your preferred payment.
At OptionBit you can withdraw your money at any time. Deposit and withdrawal of funds take a minimum amount of time. To withdraw funds, all you have to do is locate the withdrawal button. Once you click on it you will then be asked to choose your desired amount to withdraw and a preferred payment method.
Is OptionBit a Scam?
OptionBit is an excellent choice for beginners looking to enter the binary options world and for trading wizards looking to maximize their profit potential. With a highly advanced but easy-to-use trading platform along with a stellar educational package, OptionBit was clearly created with its traders in mind.
In short, OptionBit is an innovative and reliable brokerage company that is a leader in the binary options industry. The company offers excellent conditions of trading and provides an outstanding service.