TopOption
UPDATE (29.01.2017):
We have found out that TopOption has shut down their operations.
We recommend choosing one of our top binary option brokers instead:
Min. Invest | Min. Deposit | Max. Returns | ||||
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![]() | $1 | $10 | 92% | ![]() | ![]() ![]() ![]() ![]() ![]() |
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![]() ![]() ![]() | $1 | $10 | 91% | ![]() ![]() ![]() ![]() ![]() |
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![]() ![]() | 100% | $10 | 92% | ![]() ![]() ![]() | ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
![]() ![]() ![]() | $1 | $10 | 91% | ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Try also Binary Option Robot if you are looking for automated binary trading.
Old Review:
Why do we like TopOption? We like them because we think they are a fair web broker that has a good reputation, consistently gets good reviews and they offer a lot of benefits to those that trade with them. They also have a lot of experience in binary option market because they were the first one who offered online binary options trading to their users.
Don’t take our word for granted, check out our detailed review and find yourself as we thoroughly cover this popular binary options trading site.
Basic information:
Online since: 2008
Jurisdiction: Cyprus
Software: SpotOptions
Max Returns: 82%
Minimum Deposit: $100
Minimum Investment: $5
Maximum Investment: $4000
Currencies: USD, EUR, GBP, PLN
Mobile: Yes
Countries: All nations excl. USA, Canada, Japan, Israel
Pros:
- Good variety of options
- 82% return on Investment potential
- User friendly interface
- Small minimum investment
- Regulated by the respected CYSEC agency
- Demo account
- Many years of experience as a binary options broker
Cons:
- No customers from the USA accepted
Sign Up
Signing up for the website could not have been easier. All we had to do was fill out a very short questionnaire, prove our identity and then make the required minimum deposit of $100. A low deposit like that makes entry into the binary options trading market easy for just about everyone.
Types of accounts
There are three distinct account levels with TopOption. They are designed to fit the needs and knowledge level of different traders; some traders just do it as a hobby while others do it as a serious profession. There are account levels that fit all types of traders. Each account type has special features too and each higher level account gives you access to all the features that the lower account levels have also. Take a look.
STARTER ACCOUNT
Includes deposits from $100 up to $249
- $0 Fees and commissions
- Standard account manager services
- Weband mobile platforms access
- Tools for risk management Tools
- E-Book learning series provided
- Convenient starter guide
- Access to the E-Video content
- Newsroom alerts and economic updates
PROACCOUNT
Includes deposits from $250 up to $999
In addition to all of the benefits that come with a Standard account, this level account holder will also receive the following additional benefits:
- Starter and advanced guides
- 3 hours of 1-on-1 Training
- Professional account manager servicers
VIP ACCOUNT
Includes deposits from $1000 up to $5000
In addition to receiving all of the benefits that come with a Standard and Pro account, this level account holder will also receive the following additional benefits:
- Starter and advanced guides
- Unlimited 1-on-1 Training
- Elite account manager servicers
- Off Trading Hours Assistance
- Trading central access and free SMS signals
Screenshot
Learning Tools
There are a variety of very good learning tools that everyone who trades with TopOption has access to. The most significant of which is their handy demo account. This helps those that are new to the site get acclimated to the trading platform before risking their hard earned investment dollars and it also helps novice traders learn a little about binary options trading before they start risking their own money.
In addition to being able to access the free demo account, all level account holders will receive:
- a complimentary eBook learning series
- access to certain webinars
- access to video tutorials
- instructions on how to spot key market indicators
Assets
The choices of assets that can be traded include such ones as gold, google, apple, Coca-Cola and the NASDAQ. Trading with stable assets such as these makes placing winning binary options trades much more likely.
Trading Platform
Investors with TopOption will have the benefit of trading on one of the most popular platforms that there is when it comes to trading binary options. They use the really good SpotOption trading software that has been modified and improved over the years to give those who use it a very simple to use and satisfying trading experience.
The platform is well laid out, logically menu driven and it takes just a few points and clicks with a mouse to surf the website and place trades. There is a lot of peace of mind that comes with using this quality web platform.
Placing Trades
Not only does the platform itself make trading simple and easy to understand but the variety of options that the customer has to choose from helps a lot too. They offer such option choices as High/Low options, One Touch options, 60 second options, Long Term Options, Meta Charts and Pair Options. With that type of variety a traderis sure to find an option choice that will be appealing to them and they can have success with.
One of the most unique things about placing trades with TopOption is their unique ‘option builder’ feature. Here customers can kind of mix and match their favorite options with their favorite assets and create an option choice that is custom for themselves. A little customization is always welcomed by investors, especially if it helps them make more profitable trades on a consistent basis.
Return on Investment
There are two reasons that investors like to trade binary options.
- The first reason is that they are simple to understand
- The other reason is that they are likely to provide a much higher return on investment than other types of market trading
TopOption gives those that trade with them an opportunity to earn as much as 82% for every dollar that they spend. Return on investments like that can add up to a whole lot of money in your trading account in a hurry.
Banking
Now that you know your investment deposit will be safe and secure with TopOption, you need to also know that the banking system is very straightforward and they try to make things such as depositing and withdrawing money as seamless as possible. They offer a variety of ways in which you can make a deposit including Visa, MasterCard, Bank Wire, Diners Club and WebMoney. Many of these same methods can be used for withdrawals as well.
Customer Service
- English
- Spanish
- French
- German
- Italian
- Swedish
- Russian
- Dutch,
- Japanese
- Arabic
- Romanian
- Portuguese
- Norwegian
- Chinese
- Polish
That is a sign of a company that goes the extra mile to take care of those who trade with them.
We also found nothing but minor complaints when we searched for reviews of the TopOption broker on the internet. As a matter of fact, most of the reviews we came across were overwhelmingly positive ones. That is another sign that the customer service team is resolving questions and concerns in a satisfactory manner.
Key Features
To sum it up there were several key features that we liked when using the TopOption web platform. We liked the fact that they were confident enough in their business practices that they chose a strict regulatory agency like CySEC to oversee them. They also offer those that trade with them a variety of excellent learning tools to choose from.
Conclusion/Summary
Additional information
Customer Service: Live Chat / Email: support@topoption.com
Languages: Swedish, Russian, Dutch, Japanese English, Spanish, French, German, Italian, , Norwegian, Chinese, Polish, Arabic, Romanian, Portuguese and Polish
Trading Options: High/Low options, One Touch options, 60second options, Long Term Options, Option Builder, Meta Charts and Pair Options
Early close: Yes
Expiry Times: 60 second, 15 minutes, 1 hour, 24 hours and End of Day
Deposits and Withdrawals: Diners Club, WebMoney Visa, MasterCard, and Bank Wire
Withdrawal Time: 3 days
Demo account: Yes
TopOption Articles:
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- Interview of Daria Glazko from IQ Option - July 20, 2016
- IQoption Adds New Deposit Feature and Forms New Partnership - July 5, 2016
This is actually my favorite broker! I would give them full 5 starts