Short OptionBit Review

Short OptionBit Review -Binary Options Broker

 

OptionBit is a binary options broker offering a simple and interesting trading platform, oriented to real traders and aiming to satisfy them completely. All types of traders can invest with OptionBit no matter if they are novice or experienced with binary options.

The broker offers all necessary conditions required for a successful trading experience. OptionBit came for the first time with the Algobit platform. Algobit is a platform providing signals and leading traders when investing in the global financial markets. Additionally, Algobit offers new trading types and representing a clear innovation in the binary industry.

The OptionBit Online Platform

The online trading platform provided by OptionBit broker is one of the most easy-to-use and advanced platforms in the market. It offers new features and a considerably large number of options from which the traders can choose. One thing that distinguishes the platform from others is the fact that it can focus on a particular asset and expiry. By this way traders can invest very easy and fast while the number of potential problems is minimized. Moreover, traders can store the assets they recently used in order to make them easily available again. What is more about this platform is the special section titled ‘My trades” where traders can monitor their open positions. Like it was mentioned before, this platform includes advanced features concerning the trading types available. It provides digital trading, one-touch trading and range trading, and all the trader has to do is to choose the trading type suit him best. One disadvantage could be related to the fact that the traders do not receive a specific amount of money if their trade was “Out of Money”. In other words OptionBit doesn’t offer a “Refund”.

OptionBit Trading Features

Traders have the opportunity to experience all kind of trading types in order to achieve the returns they desire. They can choose from: titled “Extend” that allows traders to extend their trades to the next expiry time if they consider that the trade is not going in the right direction. From my point of view, the difference between binary options trading and Forex trading isn’t so huge.

Read here some tips regarding Forex Trading

The good variety of features and the trading conditions provided by OptionBit made this broker one of the most popular in the market.

OptionBit Welcome Bonus

The welcome bonus offered by OptionBit depends on the amount that a trader wants to invest. If he chooses to invest an amount less than $500 then he will receive a welcome bonus of 20% of the initial investment. If the trader chooses to invest an amount more than $500, then he will receive a welcome bonus of 40% of the initial investment. If there are traders that are facing difficulties while they are trading, there is a market analysts group that can help them by answering questions and deal with inconveniences. Moreover, OptionBit offers a “Rollover” option that gives traders the opportunity of extending time to the next expiry and a “Close Now” option that gives the opportunity to early close a trade if it is “In the Money”. The potential profit that can be achieved in OptionBit is between 65% and 81% of the initial investment.

There are advantages and disadvantages when trading with OptionBit, but what must be taken into consideration is the large number of available options, the payout rate, the welcome bonus, the personalized assistance and the easy-to-use but at the same time advanced trading platform.

More information about OptionBit

 

◙ By Stroe Daniels,

for Capitalinvestor Blog

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