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We have found out that Option.fm has shut down their operations.
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In 2020 a new binary options broker burst onto the scene that everybody started raving about; that broker is Option.fm. Those of us here wondered what all the fuss was about that made this broker so popular in such a short period of time. So as is our tradition, we decided that we would take a look at this broker that is attracting a large number of binary options investors even though it is just in its infancy.
The second we clicked on the icon to take us to the broker we were immediately thrilled when we arrived at the website. The menu items that were available to guide us where we needed to go were laid out nicely and easy to understand. The site was well designed and looked great, to say the least. We were definitely anxious to sign up and get started; we wanted to see if this site performed as well as it looked and as their positive customer reviews indicated.
Online since: 2020
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Signing up for the Option.fm website was a very easy process, to say the least. It just takes filling out a simple form to verify your identity; no biggie since it is for your own security and it should give you a good peace of mind to know that Option.fm goes to great lengths to protect your sensitive personal data.
The minimum deposit with Option.fm is only $250; that is a low enough amount that just about anyone who wants to trade binary options with the broker can. With that being said, it is no problem whatsoever if an investor wants to open up an account with more than the minimum required deposit. As with most binary options brokers, Option.fm offers its new customers a generous signup bonus and the more a customer deposits the higher that signup bonus will be (more on that next). So it is in the customer’s best interest if they would like a nice signup bonus to deposit as much as they can in their new Option.fm trading account.
We mentioned bonuses briefly already and Option.fm has some good ones, most notably their generous signup bonus. It is always nice for any trader to get a few extra dollars in their trading account for free. These bonuses help to reduce some of the growing pains from learning a new trading platform and they will also allow you to experiment with different trading strategies without risking the original funds you deposited in your account.
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As with most binary options brokers, the bonus for new deposit accounts on Option.fm varies according to the amount of your initial deposit. The bonus goes as high as 100% on most account levels and the company will match that amount in most cases up to the $10,000 max bonus level.
One of the things that stood out about Option.fm and their trading bonus is the terms before the bonus money can be withdrawn. Binary options brokers have to protect themselves from investors signing up with them and just withdrawing the bonus money and then leaving the site, so they will require a minimum amount of dollars traded before any withdraw can be made of the deposit bonus. Typically this amount is 30x to 50x the amount of the initial deposit. Option.fm has among the lowest requirements of any online broker as they only require you to trade 20x the amount of your initial deposit before you can withdraw any bonus funds.
Types of accounts
The deposit bonus also determines what level account you will be placed into. Generally speaking, the more you deposit the higher level account you will start out with and the more site benefits you will receive. That is one of the reasons that it is encouraged that you make as big a deposit initially as possible. A lot of extra benefits and a higher deposit bonus are things you definitely want working on your side.
There are account levels that will satisfy any trader on Option.fm as they cater to both novice and hardcore binary options investors. Let’s take a look at the different account levels they have to offer:
This account is ideal for those investors that just want to check out the website, are new to binary options trading or just like to play around with some trades once in a while. This level account is attained by making the minimum required deposit of $250 and includes those who deposit as much as $999 dollars. Here are its features:
This is the most popular account on Option.fm and its ideal for almost any experience level binary options trader. This level account is attained by making a deposit of $1000 and includes those who deposit as much as $9999 dollars. Here are its features:
This level account takes trading up to a whole new level of seriousness. It is most definitely for those who consider themselves professional traders. This level account is attained by making a deposit of $10,000 and includes those who deposit as much as $49,999 dollars. Here are its features:
This one is definitely for the big boys and heavy hitters who like and can afford to place a lot of money on their binary options trades. This level account is attained by making a deposit of $50,000 or more.
We like to recommend online brokerage sites that help improve the binary options trading knowledge of their investors and Option.fm did not disappoint in this area at all.
The best thing about their site educational wise would have to be their real nice demo account feature. Demo accounts come in handy because they help new traders on a site familiarize themselves with the trading platform without risking any real money. They also will help those new to trading learn the nuances of binary options trading without losing their hard-earned investment dollars.
Their informative eBook covers everything from basic binary options learning materials to advanced trading strategies. So there is information in there that will appeal to both novice and veteran traders alike.
Webinars are a great instructional tool and Option.fm offers a lot of them to those that invest with them too. The website itself is constantly adding new ways for investors to increase their binary options trading skill level.
No investor likes to trade on a web platform that is hard to navigate around and is not laid out well; that is why Option.fm chose to go with the time-tested and popular SpotOption trading software. Both novice traders and veteran traders will have no problems acclimating themselves to this trading platform. It is a nice bonus for any trader that uses the Option.fm website.
Asset selection is another area where we really felt that Option.fm excels. Most traders like a wide variety of assets to choose from and there are over 90 popular ones with this broker. There is no reason that any investor cannot find a few assets that they are familiar with and can have success trading. Option.fm customers can choose from such assets as matched currency pairs, stocks, commodities and major indices.
The combination of using the SpotOption trading platform and Option.fm’s innovative enhancement of it makes for a very pleasurable trading experience. Trading pages are well laid out and easy to understand; even the trades themselves are simple to execute and only take a few point and click maneuvers with a mouse to execute.
Among the type of options that an account holder on Option.fm can choose are High/Low options, One Touch options, 60second options, Long Term options and Ladder Options. That provides a lot of flexibility and choices to those that trade with this broker. There are also several different expiration times that these option choices can be traded on.
Option.fm even offers a convenient mobile application for those investors that are constantly on the go and don’t always have enough time to trade as they would like. The mobile app gives them more access to do trading on such things as lunchbreaks, pauses in events and while commuting on mass transit to and from work.
Maximum Profit (Payout)
What do all the learning tools, the easy to use trading platform and these many trading choices add up to? The answer to that is a whole lot of chances to consistently make winning binary options trades. When an investor trades successfully on Option.fm they also stand a good chance of profiting nicely; traders on the website experience return on investments as high as 91%. That is a much better return on investment than other types of market trading can consistently boast.
We have already discussed how easy it is to make deposits and open an account with the Option.fm site. They accept a wide variety of payment forms for making those deposits too; you can use such acceptable methods as Visa, MasterCard, bank wire transfer, Skrill Moneybookers, Visa Electron, Paypal, Maestro, CashU, Ukash, WebMoney, Inpay, and Neteller. There is enough variety there to accommodate any traders desired deposit payment form.
Withdrawals are just as easy as making deposits and you can use many of the same methods to make a withdrawal as your deposit was made in. The minimum withdrawal amount is $80 and they are usually processed within one working day. This makes Option.fm’s withdrawal process among the fastest in the industry, keep in mind that different withdrawal methods take different amounts of time to verify and process.
Customer service seems to be one of the only chinks in Option.fm’s armor. It is still considered a work in progress apparently and that is not unexpected considering the newness of the site. When the customer service team did respond to issues they were prompt, thorough and handled the issues addressed very well. So it’s not as much that there is a problem with the customer service team; it is more of the fact they do such things as not make it available to trial account holders and they are just bringing such things as e-mail customer support into the fold.
We think the hype that this site generated was legit. None of us here who looked at the site have any problems recommending Option.fm as a really good choice for trading binary options. We especially liked their demo account, their low minimum investment and their high return on investment. This site really has the right platform and the right combination of tools to help make any binary options investor be successful and profit on their trades consistently. Option.fm is also supported by Binary Option Robot auto trading software.
Customer Service: Live Chat / Email: [email protected]
Option FM Withdrawal Review
Option FM Withdrawal Review
Option FM has been on the market for exactly two years now and during that time they have established themselves as one of the most reliable binary options brokers in the industry. High payouts and bonuses attract all traders; while the broker’s intuitive and versatile trading platform makes sure they come back and trade here regularly. However, we will not be discussing any of those features in this article – our eyes are set on Option FM withdrawal and everything it has to offer.
Withdrawing money is probably the most important process for a trader, so an article on that subject should be quite useful to our readers. Our experts will tell you everything you know about the process, so let’s go.
Option FM Withdrawal | Methods
You should have no problems choosing the right method for your Option FM withdrawal because this broker offers wire transfers, credit and debit cards, as well as a fine selection of alternative methods. Just as with Option FM Minimum Deposit, some of these alternative methods can only be used in specific regions of the world, so choose carefully. But apart from providing plenty of transfer methods, Option FM also makes sure you are completely safe at all times. A reliable SSL encryption system will make sure you and your money are well protected, but you will also have to verify your account to make sure nobody is withdrawing your money instead of you. Secure sessions are a very nice addition to this system because they allow you to maintain full control over your account’s activities.
Option FM Withdrawal | Numbers
When it comes to numbers, Option FM withdrawal excels when compared to its competition. You’ll be happy to know that there are absolutely no fees attached to this process as far as the broker is concerned, and the minimum requirement stands at only 50$ (or GBP or EUR, depending on the currency you choose). Simply login to your account and you will be asked to fill out an electronic form once you click on the Withdrawal Requests. After that, just submit the form and the rest is on the broker’s financial team which will notify you once your Option FM withdrawal is complete. Simple as that. But that’s not all this broker has to offer, check out our Option FM Review 2020 for much more information.
Option.FM Trading Platform
Option FM Withdrawal | Conclusion
And that’s it – that’s what you need to know about Option FM withdrawal. Over the last two years this broker has developed into one of the most prominent players on the market, so you can count on their service to be impeccable. Their withdrawal process certainly is. These people will get you your money quickly and safely. And the best part is – they’ll do it completely free. So don’t hesitate to open an account with this company if you want to enjoy binary options trading. It’s the right thing to do.
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Binary.com Withdrawl Process
Binary.com withdrawal process is not that difficult; depositing of funds into binary options trading is an easy process since the broker cannot refuse your funds. The process of depositing will work out efficiently and smoothly for you. But, the issue is when you want to withdraw some profits. The process of withdrawal feel a bit overwhelming at times, however it is not so difficult. The reason why most people feel that withdrawals do not go so smoothly is because of the financial limitations have been placed in the global economy. Other issues may be related to human error or misconceptions or to individual binary options brokers.
In the world economy today most binary options are based in one location situated in, while the account holders hail from various parts of the world. Users who belong to companies like binary.com have several deposit options at their disposal like credit cards, wire transfer or ecash. The same princopals are allotted for Binary.com withdrawal.
The only tedious aspect of a Binary.com withdrawal is the requirement for the clients to submit various forms to comply with the set laws concerning ilegal prattices. The are not allowed to skip these standards as they are needed for legal ramifications. Account holders cannot afford to let their emotions take over when you have asked to show proof of identification as it can work out for your protection alone. For example, anyone can steal your identity online and it is possible that the same person can request a transaction from your from your account broker.
This is the primary reasons why brokers insist that their clients provide the proper identification forms before the withdrawal is completed so that they can truly establish the identity of the account owner. This would also apply if you were going to a physical bank and withdraw money after filling out a withdrawal slip and having to present proper ID.
It is entirely possible to withdraw your initial deposits through in a similar manner. Profits, however, are generally withdrawn via wire transfer. Another reason that traders are concerned about the withdrawal process is withdrawal limit. This is not generally a concern for those traders with a balance under ten thousand. In the case of higher balances, however, the Binary.com withdrawal can be split into more than one withdrawals when there is a pressing need for the withdrawal.
Minimum deposit of only $5 with Binary.com
Binary.com has one of lowest deposits requrirements of all binary options brokers, if not the lowest, at only $5. This shows that the broker is extremely dedicated to working with all types of traders, from beginners to novice, to those serious about trading, to those who are just dabbling in binary options, and to those traders from all financial backgrounds. Traders can make deposits in Euros, AUD, GDP and USD, whichever works best for them. It is a key factor to remember that the currency from cannot be changed once it has been selected. Every deposit and withdraw as well as executed trades, on that account must be made in the same currency.
Binary.com not only has an extremely low minimum deposit, but the minimum investment limit is low as well. Traders can bid on binary options with as little as $1. This ensures that with the $% traders are able to place 5 trades. This is an outstanding ratio considering that other brokers normally require much higher amounts to initiate a trade. It is important for the traders to know that the minimum deposit rate does vary depending upon the type of currency used, as well as the banking method.
Everyone who registers with Binary.com will receive the equal chance to be able to receive the bonuses offered by this broker. Every trader will be taken into consideration for these amounts. Clients can contact the Binary.com support team for specific bonus amounts. The bonuses offered by Binary.com will keep the traders motivated and instill as sense of confidence as they participated in various types of trades, financial instruments and a variety of commodities. Traders have the chance to make money simply by just investing nominal amounts. In order to be eligible for a Binary.com bonus, traders will be asked to first verify their identity when they register with the Binary.com trading platform.
The bonus amounts offered at Binary.com are large, which makes them stand out from other online binary options platforms. The bonus amount can be instantly withdrawn by the client one it is credited to their account. They will however first have to utilize the amounts to trade in the various commodities that are offered by this broker.
The Binary.com deposit bonus shall be processed to the client’s account when the minimum deposit requirement has been met on the part of the client and the client has reached a 5x turnover over the bonus amount. Clients can only receive this bonus if they have a real money account with this broker. This Binary.com bonus is available to new clients only. Former clients are not eligible to receive this particular bonus again. As well, this bonus is only available once per household and cannot be used in conjunction with other bonuses.
The free bonus code can only be entered once an account is open and activated and also cannot be combined with other Binary.com bonuses. In the instance where an account is solely funded by the bonus code, the amount of the binary.com bonus, as well as the profits, cannot be withdrawn under the client has reached a 25x turnover amount of the bonus value. Once a trader receives a BInary.com bonus could, it can be entered in the allocated bonus code space when the client has completed setting up their account. Traders are entitled to a 25% when they open an account with Binary.com
Does Binary.com provide a Demo account?
Binary.com has a demo account available for its traders, a feature that many traders look for when choosing to sign with a broker or with binary option robot. However, it under the name of “Virtual Money Account.” This is a great feature for traders to gain some practice experience trading binary options before making real trades with their hard earned money.
The Virtual Money Account is 100% for all Binary.com users and each trader receives $10,000 in virtual cash to use on practice trades. Users can practice every type of trade that is offered on Binary.com so they can experience the all of the expiry times that are offered on the real platform, including the 60seconds trading option.
Features that are available on the actual platform such as “stop loss” or “take profit” are available as well on the Virtual Money Account. On the virtual account, traders have also given access the technical analysis tools offered on this outstanding platform, which makes their virtual trading practice appear even more genuine.
To access the Virtual Money Account users must use the following steps:
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