GTOptions is among the newer Binary Options brokers. GTOptions was established in 2011 and has progressed pretty fast since then. It has now had enough time to iron out the niggles that bothers all new brokers. This makes it a safe bet. The payouts are very high compared to the average in the industry at 90% and that’s why we have ranked it fairly high. In addition, they do offer MetaCharts and 60 second options which are all the rage now. Not to mention the free binary options demo account, which as you probably have learned are not that easy to find. Click the link at the left now if you want to sign up. GTOptions are taking advantage of the SpotOption platform, which is the most common of all platforms if you look at the number of brokers sing it. That’s great since this platform is well tested and mature. All-in-all this is a great choice for a first broker.
GTOptions General Impression
Since GTOptions is a fairly new broker there is little information around. The little we have found is positive and that’s why we recommend this broker. You are probably better off going with one of the Binary Options brokers we have rated at the top, but if you like this broker there is nothing stopping you from going ahead and open an account. There are so many brokers out there today, but very few with a free demo account. Take advantage of this brokers free offer of a demo account as long as it lasts. If you want a more know broker and high payouts, we would recommend Banc De Binary instead.
As we mentioned earlier the payouts are just staggering and as free demo account are precious, this broker is still a top notch alternative. The number of underlying assets are great so there is a lot to choose from. A wide range of assets are important since one asset might suit your trading style better than another. In addition if you are trading a strategy, like you should, then that strategy might be coupled with a specific asset or asset group. GTOptions offer as a complement to the normal High/Low Binary Options, a Binary Options builder (quite unique), One Touch and 60 second options. There is something for everyone here. GTOptions take full advantage of this trading platform for your benefit.
Binary Options trading platforms all offer fairly simplistic charting, at least compared to brokers in other areas like Futures. This is probably just a question of evolution, but as for now they are very basic. GTOptions do offer MetaCharts (Binary Meta in GTOptions speak), which are larger charts with a function to request more price data. This can be very important for some trader and trading strategies and should not be overlooked. Better charts are vital if your trading style demands it, else how are you going to make proper decisions and thus predictions. The following charts is a Binary Meta chart:
GTOptions offer all the usual support options like phone, email and Live Chat, Use Live Chat if you want a quick reply. It’s probably the fastest way to get an answer. As far as we have experienced the support is good with prompt and knowledgeable answers. One this that we really like with GTOptions is their training material. In addition to the usual PDF ebook they also have a video tour and a 5 session video tutorial. That’s says a lot about this broker. They are trying hard to educate their customers and make them better traders.
The GTOptions Facts
- Headquarters: Nicosia, Cyprus
- Founded: 2011
- Minimum Deposit: $250
- Minimum Transaction: $5
- Maximum Transaction: $3000
- Markets: Forex, Stocks, Indices, Commodities
- Number of Assets: 90
- Max In-The-Money Return: 90%
- Max Out-Of-The-Money Return: 10%
- Lock-Out Period Duration: from 2 minutes
- Option Frequency: Every 15 minutes
- Early Closure:
- Roll Over:
- High/Low Binary Options:
- One Touch Binary Options:
- Boundary Binary Options:
- Deposit Currency: US Dollar, Euro
- Account Funding: Visa, MasterCard, Dinners Club, Maestro International, JCB, Carte Bleue, Dankort, CartaSi, Laser, Discover, Liberty Reserve, MoneyBookers, Money Gram, Wire Transfer
- Accepts Clients From: All nationalities
- Demo Account:, completely free
- Deposit Bonus:, up to 50%
Review by Howard Maslow