Review OptionField.com. OptionField offers binary options trading, competitive demo accounts, three trading platforms (Webtrader, desktop and mobile) and Classic, Pro and Elite account type options.
They are relatively new brokers who claim to guarantee the best customer service and guaranteed withdrawals. Company Owned by Optionfield Limited, a company registered in Vincent and the Grenadines. #24466 IBC 2018.
Important Facts:
Minimum deposit: € / £ / $ 5 (recommended € / £ / $100)
Payout: Up to 93%
Demo:
Restrictions on Availability :
No Bonus: 10% Discount and Cashback Pro Account Access (T&C Applies)
Access to Real Money BinaryOptions.net Demo Exclusive Contest $2000 cho – register here
Exchange
The trading platform is said to be decent, it is based on the MT4 desktop application and is powered by the MT4 binary options plugin offered through the broker. (The plugin is owned by OptionField and does not work with other brokers).
To open a chart by clicking on an asset in the MarketWatch window, double-click the transaction to open a new trading window. In the trade window that opens, select Expiry and direction, and then press Enter to set up the trade. It also has a mobile app so you can trade on the go.
The platform is provided on the desktop via mobiel.
Expiration is set the same as the old binary broker, with as short as 60 seconds, up to full day and day type expiry. There are no long-term options available.
If you like forex trading, the asset list is fine, but all you can trade is a forex based pair (as set by MT4) and gold/dollar. They were trading crypto at the same time but stopped trading because “it’s not as high as we expected and stop now”.
The most important part of the platform is MT4 and comes with all the species, whistles and tools you can find. You can also trade with expert advisors through a binary platform.
Demo trading
Demo trading is also possible but requires a full registration to use. Plus they have a demo contest where you can win real money (no deposit required) the current prize is $2000.
Deposits and Withdrawals
Deposits are easy as always and are facilitated by credit cards, bank transfers, e-wallets and cryptocurrencies. You can deposit into BTC, LTC, and ETH among many available methods. In any case, if you save a transfer, there is money available for immediate use. The recommended deposit is €/£/$100, but the actual minimum is €/£/$5 and the minimum trade amount is $5, but it rarely works.
The next highest tier, the Pro tier, has a minimum deposit of $2000, a minimum trade of $10, and some features. Current OptionField promotions offering Pro Account access are $500 instead of $2000.
Withdrawals are guaranteed but times are subject to change. The company aims to process withdrawals within a maximum of one day within a few hours. Withdrawals may also be affected by some bonuses which require 50 times the turnover of the bonus amount. Please review the full terms and conditions before selecting a bonus. You can refuse at any time.
Bonus
Current bonus benefits include 10% cashback on discounted Pro account access and crypto trading. Terms and conditions, including revenue requirements, apply. Please check carefully that the bonus does not apply to you and should not be over-tradable. The bonus system does not have to be forced or automatic registration.
Unsatisfied
A relatively new brand, OptionField, has yet to complain. Always check for offers or contests on all T&P; C and provide all relevant IDs prior to withdrawal. These are still the two biggest causes of disputes between traders and brokers.