Pro Options is a new broker, run by GameTech UK Ltd based in London. The company is regulated by the UK Gambling Commission.
What makes Pro Options unique is that they now operate a ‘mobile only’ platform. This means that they focus entirely on providing a sharp, responsive trading application. Generally, brokers operate a website and develop a trading application afterwards. Professional Options took things the other way and put all their time and effort into one mobile app.
As a new broker, our rankings do not include trader feedback yet. As such, we have yet to provide a fully endorsed ranking for them.
- Demo Account – No (But planned for the near future)
- Minimum Deposit – £10
- Minimum trade – £1
- Signal Service – No.
- Bonus Details – 100%
- Mobile Application – Yes
Platform features
As a ‘mobile-only’ platform, the Pro Option layout is kept very simple. The first screen traders see is a list of their favorite assets to trade. From here, one click takes traders to their desired asset and they can start trading. The property list can be modified easily by adding or removing assets via the ‘+’ button.
This home screen also includes account functions, so traders can see opening or paying trades and access all relevant account details, plus deposit and withdraw money.
Once an asset has been selected, the trader will see the asset price chart (based on the selected timeframe) and trading buttons. Traders can configure the ‘Quick Bet’ option to ensure investment and timeframe are always set to preferred settings. They can be modified as required, but are a quick way to speed up the transaction process.
The timeframe can be modified easily via the arrows on either side of the current timeframe. Right below are the trading buttons. They are beautiful and large, making trading easy, even on smaller screens. From here the commercial scale can be confirmed and the deal is opened. A confirmation screen will appear, clarifying the details of the position and an indicator will appear on the price chart, indicating the strike price and the selected direction.
When the trade closes, the results will be briefly displayed and the account balance (at the bottom right) will be refreshed. The settled transaction can be found through the appropriate menu from the main screen.
The trading experience is smooth, with minimal fuss.
Trade options
As a brand new one, Pro Options trading options are limited. This may grow in the future, but for now, is a limitation.
They offer an assortment of options:
Binary Options – Options basic binary. Will the property increase in value, or decrease? They have expiry times that vary from 10 seconds to 5 minutes.
The asset list includes commodities, forex, stocks and Indices – but the list could be longer. These will definitely be added as the company grows. They also offer virtual markets, like Pro100 – available to trade around the clock.
Mobile
As a single mobile operator, ProOptions offers a great app.
The iOS compatible app has version 1.0.4, last updated in March. It requires v8.0 of iOS and is compatible on all Apple devices.
Android version requires 4.1 or higher of the operating system. It was also updated in March, to version 1.0.4
Both versions of the mobile app were released too recently to have any meaningful user reviews today.
Payout
Payouts at ProOption are a clear strength. The most traded assets see payouts around 95% . As always, payouts will vary based on expiration time and chosen asset. Some assets hit 97%.
Deposit and Withdrawal Options
Deposits can be made via credit card (VISA, Mastercard or maestro). Withdrawals will need to be returned via the same method.
ProOptions is keen to emphasize their focus on quick deposits and withdrawals. Often a cause for disputes between brokers and traders, ProOptions is aiming to be the transparent leader in the field. There are no transaction fees at any point.
As a mobile-only brand, ProOptions does not offer as many deposit and withdrawal methods as some other companies. However, the process is very quick and protected by the UK gambling commission.
Other features
ProOptions offers their clients a host of other features and benefits:
- Ongoing Innovation – As a dedicated mobile app provider, powered by a giant game, ProOptions plans to stay ahead of the competition through continuous improvements and new ideas.
- Low Deposit and Trade Requirement – Trade from as little as £1, with only an open deposit of £10.