Magnum Options Review – a Great Choice For Traders
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ne of the things that makes Magnum Binary Options that popular is its assurance of 81 to 85 percent average returns. This percentage is a realistic goal when you are into Binary Options trading. Is Magnum Options Legit? The proof is seen at Magnum Options reviews coming from users in the United States. There are just a few of brokers that can operate and are accepted in the US because of the strict regulations impose to protect investors like you. There are varied ways to invest with Magnum Binary Options through these markets: Commodities, Indices, Stocks and of course Forex or foreign currency trading.
Magnum Options might be a new player in the Binary Options trading platform since it just came online this year. So far, Magnum Options reviews are giving it a good review getting an average of 3.5 stars out of 5 stars. According to experts this is a good indication that Magnum Binary trading is here to stay since it is just a new player but, it is getting this feedback and similar Magnum Options review left and right. The reason behind this positive reaction from this industry is because Magnum Options trading is supported by SpotOption. Who is SpotOption? This platform has supported various reputable Binary Options trader ever since this kind of trading become popular among investors.
Binary options offers a safer alternative to take if you see an open position
If you are going to ask the benefits of trading binary options there are really valid reasons for doing so. From the start you already know what you are getting yourself into in terms of risk and rewards even before you start trading. The fact that you are in control of your risk exposure is a good indication that this would be a lucrative investment. You are given the direction where the market stands on a particular asset/product. For example you will know when Google stock price will increase and when it will decrease. That is not all you will also know when this particular trade will expire. All that you are required to do is to push that button and click CALL/PUT to make your decision.
Binary options offers a safer alternative to take if you see an open position. This is applicable in any kind of asset be it commodities, indices, stocks or Forex as the case maybe. The amount of hedging opportunities runs aplenty. As a new trader you might not be aware of this but all that it takes for a profitable trade to take place is for you to close in the money, as a winner you will receive the payout all this even if it is just one right single pip. Best of all you can avail of this investment and trade at different time frames. Which means you can trade 24 hours. You will observe that in this market there is always an asset whose expiration time is close which means there is always new opportunities for you to trade in as binary options trader.
Review
Review
Magnum Options Review
Magnum Binary Options has been tested by team of management professionals to assure you that this is a reliable broker. Behind a great Magnum Options broker is one of trading engine use by most of the leading binary options brokers and traders of today. This platform has been adopted by this broker because of its flexibility and ease. This is the same thing that you will notice when you start using their platform. Having a great platform like this means that you will not find it hard to navigate through it. On top of this according to various Magnum Options review this platform is specifically design for accuracy and stability making your user experience as pleasant and as enjoyable as possible. Trading with Magnum Options means you can choose from 150 globally tradable underlying assets that has different expiry times.
One of the highlight of trading under this platform is that you can choose “Close Now” or “Extend” your trades. Magnum Options offers you 10 percent return on your initial investment when you land out-of-money. Pretty soon you will get the hang of it and learn to use the system efficiently in your favor. You can choose to Sell Now before the expiry time if you notice that the markets have gone against you. After all, any business ventures gives you a certain level of experience as you go along. You can learn from each trade whether you get your money back, earn or loss. What separates each trade from each other are the level of bonuses that you can get out of it. You also need to know that there is a minimum deposit required before you can open an account.
What is Magnum Options?
Magnum Options review says that this new Binary Options broker just recently joined those who are running their Binary Options business but Magnum Options is packed with all things that traders need and much more. This broker gives you an access to 5 different kinds of trading styles 
all specifically design to help you successfully trade with different assets. This broker understands that as a trader your needs are different from the other brokers which is why Magnum Options is giving you these offers just for a taste of things to come: Classic Binary Options, One Touch Options, Option Builder, 60 Seconds Options and Option Pro. You can also avail of different kinds of trading account which can be any of the following: Standard, Premium, Executive and Magnum Elite.
Using Magnum Binary Options system shows you that anyone can trade. This is regardless of your levels of skill. Why? Simply because you are given access to all the information that you need about stocks, and other financial assets. You will get information from the news and other reliable sources. However, to make this work you have to take time to study by undergoing a basic crash course about what binary options is all about. This broker has these educational resources that you can browse. In case there are matters that looks too technical for you, you can always check with the customer support. By the way, video resources are also available to supplement the information given on the eBook. There is simply no excuse to remain ignorant unless you are that lazy to learn something about this financial investment opportunity. Keep in mind that what might be stopping you from your economic progress might just be you. As the saying goes, he who does not risk will never know what they can get out of life.
Magnum Options Trading
You are given a lot of choice of which kind of options to trade with if you go with Magnum Options. Magnum Options review reveals that binary options is simple, quick and profitable for you as trader. Binary Options, all or nothing options or fixed return options is undeniably one of the fastest growing simple way of trading products in the international market. Magnum Binary Options has been gaining popularity as the latest financial tool that allows you as trader to trade online whether you are in another part of the globe. The easiest explanation for binary option is that when you use the tools that it offers you get straight from the horse mouth prediction on which the direction of the market is running towards. All other factors are of not much use to you except if your choice based on the prediction is correct or incorrect.
Magnum Binary Options does not work like gambling because it is far from it. The important thing is that you are learning how to use these predictions when you trade. The tools will allow you to know which asset is gaining and which asset is losing at a given time. You will also know when it is time to sell. You can make a choice whether you want to do multiple asset trading all at the same time once you are that confident enough to trade. Trading with multiple asset may not be for you if you are just starting as a trader. It would be advisable to start slowly and gaining momentum as you go along.
If you are new at this kind of trading here are some simple instructions on how to start trading with Magnum Options. To start off you can choose the Asset from the list of available 150 assets posted on the official page of this broker. After you have made your choice from the Asset Index you can click CALL or PUT. Click CALL if you believe that the Asset price will rise before the expiry time or choose PUT if you believe that its price will fall before the expiry time. Next step is to enter the amount that you wish to invest and click APPLY. The final step will take you to the easiest part of the trading which is collecting your profit. This only happens if your trade expires in the money. If not as in some case it would since you are new at this, you will not have anything to collect at all.
Magnum Options Withdrawal
Magnum Options review shares that this broker runs a reliable, proven and tested trading engine which is protected by SSL encryption technology. This means there will be no instances of technical glitches or internet security breach. Your funds will be transferred using the same system that efficiently protects banks. You need to fear any issues like running into anti money laundering laws especially if you are about to request for Magnum Options withdrawal.
Magnum Options review says that traders are satisfied with how it is that easy to withdraw all that you need to do is to click the withdraw button. The withdrawal form is self-explanatory, you can easily understand what it means. As always, there is a need for traders to verify their ID prior to making a deposit or withdrawing. This broker wants to ensure that the right trader will be the one who will receive the money. The minimum amount to withdraw is $100. Once you submit your request you need to wait 3 business day for processing. Once your request has been approve you will still wait from 5 to 7 business days more for the funds to show in your account.
Magnum Options Features
Magnum Options ushered in a new era of binary options trading market. This broker offers you the most updated and advance technology to ensure that you will be completely satisfied when you trade. This security features are in place to effectively protect you. This broker uses the latest generation trading engine to ensure that there is fast data processing and that you can always rely on their uptime. There would be no instances of losing information just when you are about to trade. However, you must check your internet connection since it is essential that for you to remain in sync with this platform you need stable connection.
You can avail of Magnum Options Demo Account before you decide which ones of these trading options to choose from. For starters you can try Magnum Binary Options Short Term among which there are more options offered like 60 Seconds, 90 Seconds, 2 Minutes, 3 Minutes and 5 Minutes Options. You can also avail of their Ladder Option which works this way. Magnum Options Demo Account is also available in Android devices. Magnum Options review shares its newest Auto Trade software that allows you to earn profits even while you sleep. Here are other features that are available for you under the Open Platform mode.
As trader of Magnum Options you will get a dedicated account manager to assist you with your trading. He will be your direct access to the broker. Not all brokers offer this kind of personalized assistance. He will be there to help you in case you are face with a lot of issues. Another interesting feature according to Magnum Options review is the small insurance premium that this brokers offers. If in case you end out of the money your broker will reimburse you from 0 to 10 percent of your total investment. This broker offers you this to help you keep a minimum level of funds. What will determine the level of percentage is your continued interest in trading with them. Both old and new traders are given bonuses. It is essential that you always get in touch with your account manager to avail of this amazing opportunity. All that you have to do is to download the applications for Magnum Binary Options and start giving this broker and its program a try.
Magnum Options Platform Languages
The platform features one of the sleekest user friendly interface around. There may be limitations when it comes to the use of platform language. According to Magnum options reviews this broker only offers English as its mode of platform language. This does not mean that this is Magnum Options Scam just because it is not offered in other popular trading language like other binary option brokers out there. Magnum Binary Options as a broker clearly understands that English is an acceptable trading language be it in any parts of the world. Is Magnum Options legit? The best thing to prove this is by taking a Magnum Options demo account trial. You can test out if the Magnum Options Complaints are true or not when you do this.
Magnum Options Regulations
Magnum Options is under CySEC regulation. Right now, Cyprus Securities and Exchange Commission is taking the necessary steps to create specific legislation within the binary options market. This bold move provides a benchmark for the possibility of creating binary option regulations in other parts of the world. The problem is that in order to do so the key proponents of this must win over the resistance found within the market. Brokers who have continuously benefited by avoiding regulations are fighting those that want to have this. In any financial market there is a need for regulations. This is the way for regulatory bodies or those who are in authority to regulate track those who violate these terms. After all, this regulations are created mainly to protect investors and not really the brokers which must be the reason why some brokers are avoiding this. However, this broker is not afraid of this. It cooperates with those in power to regulate to ensure that their traders will be subject to fair trade. This is the reason why traders like you are always advice to deal with brokers from countries that offer stricter regulations to protect you against fraud or scams.
Magnum Options Deposit
Depositing an amount before you trade is easy. You can choose the button that says deposit. You will not find it hard to understand the form at all. This broker did an excellent job on its banking section. Credit cards are said to take less time when processing deposits. You can easily see detailed information regarding payment options. You can visit their official website to check these features. To start trading with Magnum Binary Options it requires a deposit of $200 and only requires $10 minimum amount per trade. Be reminded that you can only withdraw the amount that you deposited after you have traded a certain number of times. There are not a lot of rules when it comes to depositing cash to your trading accounts. What’s great about his broker is that it is friendly and offers transparent policies that you can easily comply with. There are no hidden agenda unlike some companies that will only reveal to you their hidden agenda if you would only look at the fine print of the terms and conditions. In this case, what you see is what you will get. This makes is very convenient for you to trade with them.
Magnum Options review reveals this binary option broker’s platform versatility because it offers multiple currencies and among this are Euros, Great British Pounds, Canadian dollars, Australian dollars, Russian Rubles, Japanese Yen and of course US dollars. As a trader you can choose to deposit and trade with any of these currencies. Just keep in mind that the more amount you invest and deposit the greater your potential reward will be. It is advisable that you only do this if you are confident that you can do this since you already know which direction the market will go. However, it is essential for you not to risk everything too soon because trading is not created to be like a money making machine that can spew cash when you put something into it.
Magnum Options Pros
The trading platform is easy to understand that most traders especially the new ones say that they do not need training on understanding how the trades are conducted because the materials provided for by this broker is sufficient enough. You will be provided with a free eBook and market analysis tool to educate you about the system works. You can decide from which ones of the 150 assets to trade with. It would be easy for you to decide which one because the site gives you the entire overview of what assets are in demand during the time that you wish to trade. You can simply peek into the Assets List from your trading space, another interesting feature of this platform. You can avail of attractive bonuses even if you are old or new trader. The bonus will depend on the amount that you deposited which can be from 10 to 100 percent.
You can simply call the customer support service to know which bonus will apply to you. Better yet, before you start trading with this broker it would be better to check on the requirements to get these bonuses. The general information given by this broker is that in order for you to withdraw your bonus you need to trade 30 times the bonus amount that you are aiming for. This is a decent required amount compared to those that are offered by other brokers. You can also avail of their Refer-A-Friend bonus where you and your friend can get $50 if your friend signs up and begins to trade. Is Magnum Options Legit? Magnum Options scam this is not. After all why is it offered in the United States where the regulations are quite strict especially when it comes to businesses like binary options? Yes it is true that you might have come across Magnum Options complaints however, claiming that this is Magnum Options scam is quite unfair for Magnum Binary Options and the rest of those who are doing business in this industry.
As evidence on average you can expect from 75 percent returns but this is just barely touching the surface of what you can likely earn when you invest with this broker. There are even trades that can go as high as 100 percent however this applies to One Touch trades and not for all of the trading types. You can expect to get 10 percent rebate for trades that expire out of money during your initial investment. You can also see the Hall of Fame feature from the platform to see the successful trades executed by traders like you in real time. This can give you an idea when it is time to trade. Copying other trader’s style if it works for you is allowed. In fact, there is no written rule that adopting a certain style is exclusive for certain traders only. Experienced traders advice you to find you preferred trading style by observing the strategies used by other traders. By the way this broker is now offering new trading features like Pair Options, 30 Seconds Option and Ladder Options.
You have the enthusiastic assistance of customer support team since they understand your value as repeat customer. The success and failure of any business endeavor lies in its great support system and no one understands this better than Magnum Options which is why they provide you with professional customer support to back you up should you need any form of assistance. After all your success is their success. Their business motto aptly describes this better “We focus on who really counts, you”. Support is provided in English, German and Italian. You can get in touch with the support team through Live Chat, Email and phone. By the way, Live Chat is available 24/7. You can try to use their demo account first before finally deciding to trade.
All that you need to do is to click the Free Trial option in the official website for this broker. You can seek the assistance of the customer support if in case there is something about this process that you don’t understand. This is encourage by most traders because it gives you time to test how their system works. You can safely explore their features without the need to spend money. Expect though that the real trading will be different from the demo account because when the time comes for you to trade you will be investing real cash. It is not surprising that this broker has receive high marks on most user review sites. Their scores are high but realistic enough to be believable from a trader’s point of view. There is always room for improvement as long as the setbacks are not something that can directly adversely affect the traders’ welfare. With such an honest and reliable broker there is a great chance that you will succeed and encounter more winnings than losses.
Magnum Options Complaints
Magnum Options review stated the fact that it would be better if this broker would be transparent about how it presents its bonuses on the website. This would encourage both new traders and even those who ran out of money. Unfortunately when it comes to payment methods Magnum Options does not offer net wallets. Some traders say that adding this payment option would definitely make the transfer of funds faster. In fairness to this broker, the credit cards offered consists of well-recognize and reputable brands like Switch, Maestro, VISA, MasterCard, Amex, Diner’s Club, Delta and Solo. Wire transfers is available as well. However, as mentioned earlier it would be better if they can add net wallet.
After all this would not be a hard task to accomplish if they can offer other payment options it would be easy for them to add this. The $100 minimum withdrawal amount is quite high according to traders. Other issues that traders needs to deal with is about regulations. Since the broker follows its regulations however, as a trader your country may have its own regulations about binary options. Some brokers might have an issue about the regulations in the broker’s country. For example in such countries as Cyprus they offer lower tax rates thus you can expect the same treatment since this broker operates under CySEC.
Conclusion
Accodring to Magnum Options reviews, It is one of the most serious platforms for traders, it is highly recommended and has many features, and as if good things never stop with this broker, by the way Magnum Options is offering for a limited time only its state of the art Auto Trade software if you sign up now. You will receive this software as soon as you sign up. This software is based entirely on technical analysis and charting program that enables you to earn profits while you sleep. Feel free to check out your profits as soon as you wake-up. Take advantage of this offer while other traders have not learn of it yet. Who knows the next Magnum Options withdrawal would come from your earnings from this software? If you want to know more better get in touch with Magnum Binary Options to know more about this financial breakthrough and other opportunities. Before you judge that this seems too good to be true then why not check it out first. Investing a small amount will not place a great dent on your budget, instead of spending it on something that you really do not need why not invest it in something that will earn? Start trading smart go with Magnum Options.
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