If a broker is regulated, you can safely assume that it is reliable and you should not be worried about your funds’ safety. But if it is not, how can you know which one is secure and which one is a total scam that will cause you to lose your money? There are a few distinct traits that can act as a proof of reliability. Since there are so many affiliates out there who will say anything to lure you into opening an account with the brokers they work with, user testimonials are something that should be taken into consideration with care.
So, is OptionsXO a reliable binary options broker, since it is not regulated? In the following review, we will present to you some of the reasons why we think it is trustworthy. We will also share some of the experience we have with this platform provider.
Broker Name: OptionsXO
Official Website: www.optionsXO.com
Minimum Deposit: $250
OptionsXO Values Security
Even though this broker is not regulated yet, it has done a lot to make sure you finances will be safe. Each client’s deposited funds are kept in private banking accounts in the British multinational finance and banking service company – Barclays PLC. But this is not a limitation to the financial operations a trader might want to execute. You can submit withdrawal requests at any time and with no regard for the reason behind the request.
You have 24 hour undisturbed access to your trading account with StockPair. This means that you can monitor you open positions and account balance at all times. This way the security of the trading environment is guaranteed.
Some of the traders on the Salut.MD team have experience with OptionsXO and they have no complaints about the matter of security. There has never been a problem with their funds, no third parties have meddled with it. Neither OptionsXO nor any of the provider’s counterparts have the right or the ability to use your funds in any way.
OptionsXO Provides Opportunities
The broker offers a wide range of account types, each compiled of different features. You can choose the ones you need and decide on a type. The smallest account is Mini. The minimum deposit for it is $250. If you want, you can invest more than $10,000 and open a Platinum account.
Traders are also able to trade a dozen types of binary options. This compensates for the limited number of assets, that the broker offers. You will never get bored if you choose OptionsXO as your platform provider.
Even if you are just starting out in the binary options industry, you will not make a mistake if you decide to join OptionsXO. It has an excellent training academy where you can learn all the things you need to succeed in you trading endeavors. The customer support service is always there for you and you can always reach out to them if you need to. Traders have reported that they are very satisfied with the support team.
But that is just the tip of the iceberg. The binary options broker has a platform with a very intuitive and user-friendly interface. It is a pleasure to place trades through it. Even inexperienced user will not find it a challenge to make an investment with OptionsXO. You just have to choose the type of binary option, the type of asset you want to trade with, decide on a direction and input the amount you want to invest. After that, you just wait for the option to expire, to see if you end In the Money or Out the Money.
We Approve of OptionsXO
This is one of the few binary options brokers which are not yet licensed but despite that are very reliable and quite profitable. You can earn somewhere around 80% – 85% payout. Not only that, but OptionsXO offer a referral bonus scheme – you can get 10% of the deposit someone you have referred has made if they open a trading account with the broker. They also offer a sign up bonus that has to give traders a push and support them along their first steps.
Our team was happy to introduce you to this nice broker. If you want to learn more about it and its conditions on trading with OptionsXO, you can visit their official website and decide if it is a suitable alternative for your trading needs.
Review Verdict: OptiosXO is reliable
Visit Official Website: www.optionsxo.com