CTOPTION Review
CTOption.com is one of numerous new binary options brokers that emerged in 2013, when the market was ripe for their introduction. The opening letter from the CEO underlines the company’s devotion to the corporate motto, which is “Binary Options Made Simple.” It would appear that his team is successful in a relatively short amount of time, based to positive evaluations and testimonials that can be found on the internet. They already have customers in well over 90 countries, and thanks to their cutting-edge product, they will undoubtedly acquire even more. The primary office of the broker is in Kingstown, which is located in Saint Vincent and the Grenadines. In addition, the broker has a secondary operational office in London. We are happy to serve our American consumers.
This broker is distinguished from others in the industry by virtue of its trading platform and the exclusive “Replicator” service it offers. The latter is an original take on the widely popular activity of social trading. This is not your standard product from SpotOption or Tradologic, and neither is the platform. Panda TS, an additional piece of software that has earned a great deal of respect in the field of financial services software development, is the company that is responsible for providing this individualized and proprietary setup. The “Replicator” offers an automated or manual method, depending on which you want, to follow the top 10 traders or anyone else of your choosing at any given moment. This is what they mean when they claim that “Social Trading Made Simple.”
Additionally, CTOption offers the widest variety of deposit methods available, and its withdrawals are processed within a period of 24 hours, with the first transaction being provided at no cost. You have access to more than half a dozen different asset selections, which include the most liquid currency pairs, stock and commodities trades, and market indexes and indices. Payoffs for traditional Call/Put, One-Touch, Range, and “Hyper” options are, on average, 80%, although they can go as high as 91% in certain situations. On some assets, rebates of up to 5% are now being provided. There are three distinct account classifications, each offering an increasing number of features in addition to a free demo account. If you would rather use an Islamic version of the website, that option is also accessible. There is a wealth of educational resources and trading tools available, and customer service representatives are standing by to answer any questions you might have. What could possibly go wrong?
Accounts
At CTOption, customers have their choice of three different trading accounts. The opening of a Mini account requires a minimum deposit of $250 to get started. It includes a trial account for the CTOption Replicator Pro social trading service, in addition to a welcome bonus, customer assistance that is available around the clock, and more. $5 is required to open any position in order to trade.
The Standard account has a minimum deposit requirement of $1500, and everyone who opens this account is eligible for enticing bonuses, a personal account manager, access to the live trading room twice a week for free signals, and a practice demo account that is available for life.
The Executive account requires a deposit of $5,000, and in addition to everything mentioned above, traders who use this account get a payback of 20% and trading signals 24 hours a day, seven days a week.
Trading options include High/Low, Touch, and Range, in addition to a selection of short term options that range from 30, 60, 2, 5, and 10 minute time frames.
Traders have the opportunity to test out a variety of trading strategies and tactics for an unrestricted period of time when using a practice demo account. In the world of binary options, something like this virtually never happens.
Accounts for trading Islamic binary options, which are compliant with the Sharia law, are also available with CTOption. Traders who opt to utilize an Islamic Account are exempt from paying interest or other transaction fees while they engage in trading. There are no additional costs associated with opening the account, including no interest fees, levies, or hidden fees.
Education
There is a collection of engaging lectures covering a wide range of subjects that can be found on the internet; the majority of these have accompanying videos and graphs. Additional films are provided for both beginning traders as well as more experienced ones.
Traders are able to browse a comprehensive list of assets that can be traded, and an economic calendar provides them with an up-to-date summary of events and occurrences that are taking place all over the world. Continuous scrolling of market updates can be found on the landing page.
CTOptions provides customers with the choice between two distinct sorts of packages, namely the Standard and the Executive, as part of its VIP training program. Each one comes with a team of qualified coaches in addition to a variety of other advantages.
FEATURES AVAILABLE AT THE CTOPTION
The following is a list of the distinguishing elements that can be found on the CTOption.com website:
• Established in 2013 by a group of highly qualified and experienced financial professionals;
• The primary headquarters are located in the island community of Saint Vincent and the Grenadines, which is located in the Caribbean; companion offices are located in London, England;
• Acceptance of clients from the United States, in addition to customers from more than 90 other countries;
• The minimum amount that can be deposited is 250 of either USD, EUR, or GBP;
• There are three account classifications, each of which includes benefits that increase with the amount of money deposited: The Mini ranges from 250 to 499, the Standard range from 500 to 999, and the Executive range from 1,000 to 9,999.
• There is a free demo account accessible, in addition to an Islamic account;
• All deposits from customers are held in a separate account with a Tier-1 bank in Singapore;
• You can trade in Call/Put, One-Touch, Range, and “Hyper” options (which is their word for Turbo);
• More than 60 different asset choices, such as currency pairs, indices, commodities, and stocks;
• Payoff ratios can reach as high as 91%, with rebates of 5% available on a selection of products;
• Trading made simple and right at your fingertips thanks to our one-of-a-kind and user-friendly trading platform;
• The “Replicator” function enables a social trading experience that is more within one’s own control;
• Educational materials for all levels of experience, as well as customized learning programs created for entry, intermediate, and premium levels of instruction;
• Customers can contact Customer Service assistants through live chat, email, or by calling in.
PLATFORMS
The management made the decision to go in a different direction than the majority of other binary option brokers by opting to use the trading platform that was provided by Panda Trading Systems Ltd., which is a software development company that has been dedicated to the online financial trading sector since 2006. The platform is a strong selling point for CTOption since it is very user-friendly and incorporates the most recent technology improvements to offer a highly pleasant trading experience. This makes the platform a strong selling point for CTOption. Mobile trading is also supported, and the site encrypts all of its activities, from session data to personal information, to prevent hackers from gaining access to the site in any way.
Panda
Panda Trading Systems Ltd. (Panda TS), known for their unrivalled skill in building totally tailored solutions to satisfy the unique demands of each individual client in both the Forex and binary trading arenas, is the company that powers CTOption’s trading platforms for binary options.
Panda is responsible for the construction of CTOption’s systems, which make use of the most advanced technological infrastructures and financial engineering practices currently accessible in the industry. The fact that there is no latency or slippage while using the CTOption system, in addition to the fact that it is incredibly exact, results in a trading experience that is reliable at all times.
CTOption offers a wide variety of options that span a comprehensive range of key assets, including stocks, CFDs, and OTC markets. Among these are I Hyper Options, which are short-term options with expiration times ranging anywhere from 30 seconds to 10 minutes, giving traders the opportunity to capitalize on the advantages offered by unpredictable markets; High to Low is a traditional type of binary option, and its expiration time can range anywhere from fifteen minutes to a few weeks. Touch Options and Range are examples of medium-term options, which have an expiration time of a few hours and are aimed at traders who want to capitalize on one-of-a-kind market situations and events.
DEPOSITS AND WITHDRAWALS
CTOption allows customers to make deposits in the traditional manner by using major credit or debit cards, as well as bank wire transfers; nevertheless, the company’s strength is in the variety of alternative payment options it provides. For instance, this list contains companies such as Ideal, Sporopay, Nordea Nettbank, LaCaixa Linea Abierta, MisterCash, EuTeller, Boleto, Poli, BPay, UnappliedTx, WebMoney, Gluepay, eKonto, Sofort, Banklink, GiroPay, Moneybookers, Przelewy24, EPS, Ewire, Abaqoos, Multibanco, Use Withdrawals are processed within twenty-four hours, provided that the personally identifying information that is required by international law is kept on file and is accurate. Your very first cash withdrawal is on the house. The DBS Bank Ltd., a Tier-1 bank that was established in Singapore in 1968, is where customers’ deposits are kept. Their billing and collection agent is based in Hong Kong.
SUPPORT FOR CUSTOMERS
The website is available in eight different languages for reading. Live chat, email, or a direct phone line are all ways in which you can communicate with staff members who are bilingual on any given trade day. You will also have access to staff members who have received extensive training in the company’s Education Center, which features resources appropriate for both novice and experienced traders. These things consist of ebooks, movies, and a variety of written pieces that cover daily commentary, fundamental facts on binary options, and the development of trading strategies. The company supplies not just these basic resources but also an organized learning procedure that is attended to by skilled traders. There is an Entry version, an Intermediate version, and a Premium version.
CTOPTION – CONCLUSION
According to the company’s Chief Executive Officer (CEO), “CTOption was founded by experienced professionals from the financial, trading, and technology industries with one goal in mind: to provide the most advanced, trustworthy, and secure, easy to understand and use investment platform for smart investors.” It would appear that the organization is meeting its objectives and making efforts to innovate whenever and wherever possible. Their “Replicator” feature is an innovative advancement on the social trading scene, and their trading platform is designed to operate exceedingly well in comparison to the standards of the industry. Option choices are by far the most popular ones available, and payoffs at the higher end of the spectrum are subject to a fierce battle for customers. “Exceptional” is the adjective that appears most frequently in the other reviews. Maybe right now is the perfect opportunity for you to look into CTOption on your own.