TopOption Review

General Data
Broker TopOption
Website http://www.topoption.com
Registered in Cyprus
Foundation 2008
Regulated Yes
US Clients No
Phone +35722222039
E-mail [email protected]
Account Options
Broker Type Binary Options Broker, Dealing Desk
Comission No
Min. Deposit £/€/$100
Max. Deposit unlimited with documents, up to $4000 without docs
Min. Trade £/€/$10
Max. Trade $7 000
Payout % 85
Deposit Methods Credit Cards, MoneyBookers, Wire Transfer, PayPal, Neteller, WebMoney
Withdrawal Methods Credit Cards, MoneyBookers, Wire Transfer, PayPal, Neteller, WebMoney
Types of Assets
Forex Yes
Stocks Yes
Indices Yes
Commodities Yes
Currencies Yes
ETFs No
CFDs Yes
Trading Platform Options
Supported Languages EN, AR, ES, FR, IT, DE, JA, PL, CZ, RU
OS Compatibility Mac, Windows, Mobile, Web
Streaming News Feed Yes
Charting Yes
E-mail Support Yes
Mobile Alerts Yes
Mobile Trading Yes
Web Trading Yes
Customer Support
Languages EN, FR, ES, DE, RU, IT, AR, JA, PL, NL, SV
Service Hours 24/5
Trading over the phone Yes
Live Chat Yes
Bonuses & Promotions
No-deposit Bonus No
Welcome Bonus Yes
Other Bonuses & Rewards Yes
Rating
Design:
Global Offer:
Bonus:
Notoriety:
Assistance:
SCORE TOTAL: 4

For those who wish to join a trading community, TopOption should definitely be in the list of options.

It was founded by Safecap Investments Ltd. in 2012 and is now regulated by (CySEC) Cyprus Securities Exchange Commission.

Despite it emerged on the brokerage market quite recently, the company has earned high marks in our TopOption review.

Trading Platform

The broker uses a web interface platform and thus no software download and installation is required. In addition, it offers a mobile platform that enables traders to use the service from any device and location with the broadband coverage. Intuitive and self-explanatory interface, clearly organized buttons and menu options won’t make it difficult for users to operate the platform.

Video Review

Unique Features

Among the selection of features that make this broker stand out are:

  • The rollover option – ability to delay the trade’s expiry to boost your winning chances.
  • The history graph
  • The sell option
  • The trading confirmation
  • Assets history
  • Double up feature – allows doubling your initial investment
  • Stock Pair trade
  • Trade Types

    The broker offers five types of trades to choose from:

  • 60 seconds – it takes only one minute to complete the trade
  • Classic Binary Options
  • One-touch binary options – it is possible to get up to 500% payouts if the predictions are successful
  • Option Builder – it is thus possible to manage some trading aspects by determining the risk rate and modifying the percentage returns
  • ProOption – so far, this trade is offered only by TopOption. It allows users to choose two assets for a trade.
  • Payouts and Bonuses

    In terms of the payout, depending on the trade, it can reach up to 500% and it is definitely higher than an average ratio within in the brokerage market. The average payout percentage is 85%, while a 60 second option rate ranges from 70 to 75%. New traders will get a welcome bonus that can reach up to $2500.

    It is possible to register three types of accounts, where each of them has its own bonus programs. Starter account will require you deposit $100 to get started. Pro account needs at least $1,000 to give you membership, and to acquire VIP membership, you will need to deposit $5,000. All the users will be able to view the E-video library, news, updates, alerts and trading reports.

    Assets

    Despite its quite short operational time on the brokerage market, the company is rich in assets and various tools to trade with ease. With over 180 assets, the broker can satisfy the needs of not only beginners but also seasoned traders. Compared to other broker companies, the list of assets offered here obviously makes it stand out.

    Reliability

    When it comes to data and funds safety, this company will not put its reputation at stake. It has acquired a Cypriot’s Investor Compensation Fund membership and according to its terms, the fund is ready to compensate €20,000 in case the client faces some liquidity issues with the broker company. In addition, to prevent security break and data leakage, the company uses powerful encryption technologies.

    It is extremely important for newly established trading companies to earn trusted reputation and convince traders to join. That’s why, this broker is struggling hard to deliver faultless service and earn the highest marks for reliability.

    Customer Support

    Even though this broker is relatively new on the trading market, its 24/7 customer support is not to be sniffed at. It offers as many as nine toll free numbers for nine different countries. In addition, you can contact them via e-mail or live chat.

    Pros

  • Reasonable trading tools
  • Easy-to-use web based platform
  • Easily accessible through mobile devices
  • Comprehensive educational center
  • Attractive bonus program and high returns ratio
  • External insurance compensation fond
  • Extensive list of assets
  • Cons Even though the company is new in the brokerage area, no obvious drawbacks have been detected.

    Conclusion

    TopOption is a good choice for both first-time and seasoned traders. We would definitely recommend dealing with this broker if you are looking for a variety of features and at the same time reliability.

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