Grand Option Review
The firm:
Grand Option is a binary options broker that allows the private and institutional investor both operate in the binary options market globally. Grant Option trades under EU regulation, via the CySec regulatory body, allowing traders to feel comfortable depositing their capital with this firm.
Personal account management is offered at Grand Option, allowing the trader to experience hands-on attitude as far as customer service is concerned. Another advantage to Grand Option is a financial academy, allowing the novice trader to learn about the binary options marketplace, and benefit from expertise available in the form of education. Also, we would be remiss if we did not mention the fact that the technology deployed by Gran Option is top-notch. This allows for security as far as trading is concerned, plus a constant stream of trading opportunities.
Grand Option offers competitive payouts, round-the-clock trading support, and commitment to customer satisfaction. They also promote a strong anti-money laundering (AML) regulation scheme, which of course creates the safest trading terms for investors and traders worldwide.
Information:
Founded in: 2013
Headquarters: Cyprus
Minimum Deposit: $5
Maximum Trade Amount: $20,000
Demo Account: Yes
Languages Available: English, Turkish, Italian, Russian, and French
Features:
Grand Option has a desire to keep their traders ahead in the binary options world by constantly improving the technology behind the scenes, as well as the front end of the platform. This increases security, improves visualization, and of course offers more lucrative trading opportunities as the trader has the ability to absorb more information.
In 2014, Grand Option launched a new personalized trading experience. This allows traders to customize their trades on the fastest system in the industry, while enjoying a new way of trading completely controlled by the end user.
Some of the new features include:
Easy to master and easy to navigate upgraded professional trading system
Smarter predictions with the trade history feature that has the ability to render the top trades you have place, and goes back up to the last 500 trade you have placed
Simultaneously trade and manage multiple positions on the same graph
Exclusive short-term trading options, from 30 seconds to five minutes
Personalized trading with customizable trading graphs, something that has been sorely lacking in the binary options world
Trading competitions
Grand Option offers its clients the opportunity to participate in monthly trading competitions. Traders will compete with each other each month for statistically highest trade gains, and receive cash rewards for first, second, and third place at the end of the competition.
Bonuses
Grand Option offers a 100% welcome bonus, something that is absolutely unheard of. While welcome bonuses may be available with other firms, we have yet to see one that is this extensive. This instantly doubles your deposit to help maximize the possibility of success. Traders are also offered revenue return per trade and other bonus offers, as the firm continues to maximize value for the customer.
Education
One of the biggest advantages to trading at Grand Option is the so-called “Grand Option Academy.” This educational course and interactive academy allows traders to learn about trading binary options, using both video and prints. There is an interactive e-book, as well as video on demand. Leading market indicators are compiled, and help assist the trader in making investment choices. In fact, they even have a step-by-step explanation on how to trade in general.
If the trader combines this information with the demo account first, they will learn how to profit in the long run, and take advantage of the knowledge offered, resulting in profits. Once they get used to trading in the demo account, they can build up the confidence to trade live with their newfound skill set. We found this educational system to be very good, as we are educators ourselves. We recognized that most brokers don’t go out of their way to teach this kind of information, making Grand Option standout.
Customer service
The customer support department at Green Option has industry experts and professionals guiding each trader through their various questions, as well as any concerns. Each trader receives a personal account manager who speaks their chosen languages and is on standby via chat or email 24/7.
Final analysis
We like the Grand Option platform, and find the long list of financial markets being offered to give the trader the ability to take advantage of global markets. A super quick platform as well as high payouts on binary options offered certainly adds to the attractiveness of the spectacular broker. The trading support is excellent, and the ability to educate yourself at this brokerage firm has us thinking that it will be one of the best places to send newer traders that we speak to. We find this broker to be professional, as well as very generous in its bonuses. Highly recommended.
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