TorOption binary options broker review

Binary Options trading broker TorOption uses the latest platform in online trading. Binary option is a type of option where the payoff is a fixed rate of an asset or nothing at all. They are also called Digital Options or Fixed Return Options. While trading in binary options there are only two possible outcomes; either the trader is “in the money” or “out of the money”. If the trader is “in the money” than it means that he will get a return of a fixed percentage on the investment made, but if the trader happens to be “out of the money” than it means that there’ll be no returns on his investment. Binary Options generally have low risk and high payouts. Binary Options is gaining popularity as it is entirely web based and hence can be traded from anywhere and at any time. The trader also knows how much he stands to gain or lose before making a trade.

The basic principle of any investor is to earn profitable returns on his investment, this is made possible at TorOption by educating the trader on useful techniques required to make lucrative investments. TorOption allows a trader to trade binary options 24/7. TorOption uses a sophisticated platform to enhance the user experience. When a trade is made the trader knows the payout percentage along with the current rate of the asset. To trade in binary options an investor has to choose an asset and predict whether the assets rate will rise or fall down. Once the trader predicts the outcome by clicking on Call (up) or Put (down), the trader needs to wait for the trade to expire. The minimum amount required to trade on TorOption is 350 USD. Depending on the comfort and convenience of the investor, a trader can choose between five different offerings. Mini account, Standard account, Deluxe account and Platinum account are the four accounts available with TorOption.

Toroption offers a trader a set of powerful and advanced tools required for online trading. It offers few unique features like Longterm, 60 Seconds, One Touch, Pairs and Ladder.

Broker Details

Broker TorOption
Website https://www.toroption.com/
Account Types Mini, Standard, Executive, VIP
Languages English, Russian, German, Spanish
Trading Platform SpotOption
Withdrawal Methods Credit/Debit Cards, Wire Transfers
Deposit Methods Credit/Debit Cards, Wire Transfers
Option Types Binary, Pairs, Long Term, 60 Sec, One Touch, Ladder, FX / CFD, TradeFollow
Account Currency USD, GBP, EUR
Minimum Trade Amount 25 USD, GBP or EUR
Minimum Trade Amount (For 60 Sec) 5 USD, GBP or EUR
Minimum Withdrawal  Amount 50 (units of selected currency)
Minimum Account Size 350 USD
Wellcome Bonus Up to 100% of first investment
Affiliate Program Yes
Support Methods Live Chat, Telephone, E-mail, Fax

Available Option Types

Longterm

It is a feature available with TorOption which gives the trader an opportunity to make trades in a way closer to the one of stock market with longer expiry times.

60 Seconds

Along with 30 and 120 seconds is a feature that minimizes the expiry time, for a thrilling experience.

One Touch

It’s a useful feature with which if your trade is “in the money” you win the entire payout, but if your trade is “out of the money” you lose the amount you invested.

Pairs

A platform that is very similar to binary options, but while in binary options you choose whether the price of an asset will go above or below the current rate by your expiry time, this option allows you to trade on whether the asset will outperform another within a determined time frame.

Ladder

The most amazing aspect of this platform is that your potential return can be up to 1500% and you have even the chance to sell your trades before they expire.

 

Summary
Review Date
Reviewed Item
TorOption Broker - Binary Options Trading Company
Author Rating
5

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