Category: Website Reviews
Binary options are an exciting and profitable method of trading and are they are experiencing an impressive growth in use as more people become familiar with their benefits. So, read our reviews, make your own assessment and start trading binary options on whichever platform suits you.
OptionBit was launched in May 2010. As with all binary option trading platforms, they are 100% web based so do not require software to be downloaded. They offer binary options on 37 underlying assets in the US, Europe and Asia.
OptionBit‘s return on in-the-money options is competitive in the industry at 65-81%. However they do not offer a return for out-of-the-money options which is a downside of the site. For the non English speaker, the fact that the site is also displayed in Turkish, Spanish, Russian and German, makes it a highly beneficial and appealing platform for trading.
EZTrader entered the binary option trading market in October 2008, the first to market the type of binary options reviewed here. They adopted the strapline ‘Option trading made easy’ which focuses on the ease of binary option trading and the simplicity of their site. The site is 100% web based which makes the user experience more hassle free and more enjoyable.
WinOptions was launched in April 2010. As with all binary option platforms, they are 100% web based so do not require software to be downloaded.
They offer binary options on 44 underlying assets in the US and Europe.
WinOptions return on in-the-money options are said to be ‘up to 81%’. This is a high return rate, however the lower end of the return rate is not stated.
WinOptions keeps its users up to date with current market news via their Reuters news feed.
To ensure a user’s security, they use secure encryption techniques and SSL certificates. This is done to ensure that data is securely transferred when trading and depositing funds into an account.
As is usual, the ownership of the company is unknown except for information on the site stating that ‘The company is managed by few veteran professionals of the global financial industry, with vast experience in financial trading, technology and trading regulations arena’.