Optionrally ReviewMay 21, 2014
Optionrally is a veteran binary options broker offering 60 second options and payouts of up to 85% on your investment. Established in 2011 in the British Virgin Islands, Optionrally has a CySec license and is a regulated broker that does not accept traders from the USA.
- Minimum Deposit: $250
- Minimum Trade: 25 USD/EUR/GBP
- Bonus: Up to 50%
- Payout: Up to 85%
- Withdrawal Policy: Fair – Meet the criteria and you can cash out.
Optionrally provides a safe and secure trading environment. A 128 SSL Encryption layer is integrated and is the acceptable practice with most brokers today.
This broker is licensed in the Cyprus Securities and Exchange Commission (CySec)- license number 220/13, registration number 301842.
Signing up is as easy as 1-2-3. I was too lazy to do it myself that day so I asked the support rep to do it for me after I copied and pasted my details on the chat box.
The trading floor was extremely professional and the user interface very intuitive and user-friendly. I very much enjoyed trading with this broker, somehow they managed to make everything come together really nicely.
Promotions and Incentives:
This broker offers a variety of perks designed to give you extra value. A variety of discounted packages including insurance bonuses, cash back offers, and a bonus of up to 50% on your initial investment and 15% on recurring investments.
The “academy” is really a comprehensive educational tool that provides you with everything you may need in order to get started trading.
- High/Low: The standard digital options format where you simply need to guess the general direction of the trend (Up or down).
- One Touch: If you believe an underlying asset will reach the pre-determined support line during a fixed time-frame you can utilize this feature. It’s quite tricky though and I don’t recommend you use this feature without having a proper strategy.
- 60 Seconds: This is the most popular form of trading, and everyone I know is looking for this feature. Recently there have been 30 seconds, 2 minutes, and 5 minute options. However not all brokers still have these features integrated.
- BinaryMETA: This is an extended or larger version of the screen where the information is displayed in a clearer and more professional graphic version. It also allows you to follow the direction of the trades in a more effective way.
- Option Builder: This feature lets you set your own profit/loss ratio, and this means that you have can control of the level of exposure your trades trades have.
Assets Index (Partial List):
- Currencies: EUR/USD, USD/JPY, GBP/USD, USD/CAD, USD/CHF, AUD/USD,
- Stock: Google, Citi, Coca Cola, BP, Microsoft, Apple, Exxon, HSBC, Gazprom
- Commodities: Gold, Silver, Platinum, Oil, Sugar, Coffee.
- Indices: DOW, NASDAQ, CAC, S&P 500, FTSE, DAX, ASX
Mobile Trading: Optionrally offers trading on your iPhone, or any smart phone or mobile device such as Android enabled tablets or iPads on IOS.
Deposits and Withdrawal Methods:
Wiretransfer, Credit Cards (Master card, Visa, Amex), Knet ATM cards, CashU. Paypal is not offered.
Supported Currencies: Euro, USD, GBP, AUD, ZAR, TRY
Languages: English, Arabic, Chinese, Japanese, Turkish, Vietnamese, Russian, German, Spanish
Support Rating: Customer service is offered via Phone, Email as well as Live chat. They are extremely efficient in what they do and really respond very quickly and professionally.
Conclusions and Recommendations:
On the overall Optionrally scores high on all parameters. I found their educational center to be extremely useful and the 60 seconds feature to be very professional. Overall score is 9.7/10.
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