Founded in mid-2010, Option10 is a relatively new binary options broker in today’s market. Owned by the same company, they and OptionBit have almost similar websites, apart from the homepage’s layout.
Their platform is 100% web-based, allowing simple trading experience in which you can trade from any computer. On the binary options market, Option10 powered by TRADOLOGIC and owned by Pretoniria Consulting is considered to be the top platform. The company is shown to be based in Cyprus. There is not much information as to who the company’s owner is.
The 3 type of option available for trading in Option10 include Digital, Range and Touch. If your trade wins the highest return rate is up to 81% and if it loses there are no returns. The number of underlying assets to trade with is merely 22.
As Option10 is available in 11 languages, binary options traders around the globe can trade with Option10. From the start, this binary options broker opts to provide service to a wide range of traders.
Option10 Review: User-Friendly
Option10 might be offering the best rates on the market: from $10 up to a maximum rate of $5000 for each binary option. The professional demo is perfect for getting a taster of binary options trading with Option10.
The detailed FAQ section provides top-grade information and decent information can be found in the glossary.
With Option10 being 100% web-based, binary options trading is much easier and you can just trade from whichever computer. The whole website is easy to navigate and user-friendly, especially the homepage, which is very well laid-out.
Option10 Review: Assets & Expiry Times
Option10 only provides 22 underlying assets to trade with – it would be better if there were more! There is not enough number of expiry times (only some minutes to end of the hour), therefore, more expiry time is badly needed
Commissions, Customer Service & Return Rates
Trading experience is smoother because Option10 requires no fee for binary options trading. No information about withdrawal fees is provided on the website. Contacting Option10 could be done via email, request a call back or live chat and their support team is smart, polite, helpful and available through 4 numbers.
Returns of up to 81% are possible for in the money but zero for out of the money. In the money returns are high, but those for out of the money are a letdown.
Deposit Options, Languages & Bonuses
You can deposit via PayPal, Wire Transfer, Western Union or different Credit Card/Debit Card methods.
Option10 has 11 languages to choose from: English, Spanish, German, French, Turkish, Russian, Arabic, Portuguese, South Korean, Japanese and Italian.
You can find the top bonuses in the industry with Option10: first time trader can get a bonus of up to $500. There are also other bonuses offered for Current Option10 traders.
Option10 Review: Additional Features
Option10 provides all binary options traders with many additional features, thereby giving the opportunity to get into binary options trading. The asset index shows all the underlying assets available. You can choose added options such as the Take Profit, Rollover (Extend) and Stop Loss for your existing trades.
The Option10 site also offers the Binary eCourse and Quick Guide as extras. The additional features of Option10 really possess both quantity and quality.