GTOptions Review

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GTOptions Review

Posted on by John Thiel

GTOptions belongs to a rare breed of binary options brokers. A simple look at the trading platform tells the whole story, the fresh new design gives it an amazingly professional look and the whole trader experience is just a cut above the rest and this definitely excludes it from the scam broker list. GTOptions offers up to 85% payouts and a variety of new features such as ladder and long term digital options.

GTOptions

Registration:
Registering was an amazingly simple and friendly process. I had to fill out my details including email and provide a password of my choosing. After I signed up I was referred to the platform cashier and was able to deposit immediately.

Platform:
This broker was actually the first one to obtain and implement the new Spotoption layout. You can immediately see the level of clarity and sharpness exceeds anything that’s out there today, I would even venture to say it looks and behaves better than what the regulated exchanges such as CBOE or Nadex have to offer.

Mobile Trading:
The site does not advertise mobile trading, and a simple look up on Google Play or Itunes will reveal that there is no trading software on IOS for Apple Iphones and Ipads, as well as Android and tablets.

Assets (Partial List):
Stocks: MSFT, AAPL, BP, GOOG, KO, HSBC, TEVA, IBM, GS, FTE, BIDU, AMZN, NSANY.

ForexNZD/USD, USD/CHF, USD/ZAR, USD/SGD, AUD/USD, USD/RUB, USD/TRY,
EUR/GBP, EUR/JPY, USD/CAD, USD/JPY, GBP/USD, EUR/USD 

IndicesASX, IBEX, NIFTY, NIKKEI 225, TEL AVIV 25, Topix, KL FUTURE, STRAITS TIMES, NASDAQ, S&P 500, SSE180, HANG SENG, BOMBAY SE, KUWAIT INDEX, DUBAI FINANCIAL MARKET INDEX, TADAWUL, RTS, MICEX 10, FTSE 100, CAC, DAX, DOW JONES INDUSTRIAL AVERAGE

Commodities: Wheat, Coffee, Sugar, GOLD, SILVER, PLATINUM, OIL (LIGHT SWEET CRUDE)

Trading Types:
Digital: Just predict the direction of the trend (up/down or above/below). Guess correctly and profit. Additionally, a new feature called Hot Assets allows you to view the most traded assets in real time.

Long Term: This feature is basically a snapshot of all the long-term contracts along with their rates and expirations terms.

60 Seconds: GTOptions also offers 30, and 120 second options. This popular feature is not for the faint of heart and offers a blast of adrenalin designed to make your trading experience action-packed.

One Touch: This form of trading is usually reserved for the more experienced can be executed by traders who believe they can predict that the price of an underlying asset will go above a given level or point sometime in the future, but by the same token are not sure about the sustainability of the predicted higher price. It’s important to point out that purchasing stock during the weekends when markets are not open for trading can be done in this case. Additionally, due to the high risk levels associated with this trading vehicle, the payouts are immense and can even be as much as 400%. This is the equivalent of “Range” in what Tradologic-powered brands like Regal Options or Optimarkets offer.

Ladder: Ladder trading is different from standard digital binary options because it offers diversity in strike prices, and profit/risk ratios. Again, if this is the first time you are trying out binaries, I recommend you stay away.

Pairs: Allows traders to guess the relative ratio between 2 assets from the same type of equity. As opposed to standard digital options, you would have to guess the price of Oil for example. With “Pairs”, you need to speculate how strong or weak one asset will be relative to another. This form of trading is considered to be more exotic and high risk, but it also provides you with the option of trading on relative strengths or weaknesses and not absolute strengths.

Promotions and Incentives:
GTOptions offers a 50% welcome bonus up to  $/€/£10,000. This is an incredibly attractive offer and carries a standard trading requirement of 20 times deposit and bonus. If you wish to trade without getting bonuses, you need to ask the staff to exclude you from receiving bonuses BEFORE you invest money.

VIPS
GTOptions has 3 VIP clubs available to depositing traders only:
Classic: Offers the standard level of support and a personal account manager.
Mini: Free instructional material and strategic consulting.
Gold: Money management courses, daily market reviews, dedicated analyst assisting you in trades.

Banking:
Depositing and making withdrawals at GTOptions is extremely simple. All major credit cards are accepted, including Visa, Mastercard, Amex (American Express), and Diners. Ewallets include Moneybookers (Skrill), Cashu, and Nordia, which is used by Swedish and Finnish traders. If you wish to fund your account with Paypal you need to open an account with Goptions.

Safety: The cashier is protected by a 128Bit SSL encryption layer which is the standard today for binary options platforms.

Customer Service: The support reps and account managers provide exceptional service. All the questions I asked were answered in a prompt and professional fashion with amazingly fast response times.

Conclusion: This broker is probably the best I have seen so far. The site is available in English, French, German, Italian, Russian, and Spanish. The platform is not only user-friendly, its also amazingly addictive and quick to react. I highly recommend it for both professional as well as amateur traders. Overall score is 9.9 out of 10.

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