OptionsXO is an online trading platform for binary options. It is one of the leading binary options trading brokers in the world with the aim of creating a comfortable and profitable trading environment for its clients. This is by having a trading platform that is custom built and easy to use to meet the needs of all traders, beginners and experienced.
The site has not been left behind by change in technology. One can trade using a mobile device using its mobile trading platform.
Traders at OptionsXO have an option of choosing between the four types of accounts depending on their needs. They are Mini, Silver, Gold and Platinum accounts. The accounts have full access to the trading platform and can access trading in all instrument types and all trading assets. They are commission free and receive 24-hour customer support.
The account has a minimum deposit of $200.
The minimum deposit is $ 2000 and the account holder gets an additional return of 2% on each trade. It also has free access to learning centre and from market analysts and experts.
The account has a minimum deposit is $ 5,000 and the account holder gets an additional return of 3% on each trade. It also has free access to learning centre and from market experts and analysts.
The account has a minimum deposit is $ 10,000 and the account holder gets an additional return of 4% on each trade. It also has free access to learning centre and from market experts and analysts.
OptionsXO trades in different assets, which include currencies, commodities, indices, stocks and precious metals. Some of the indices traded include Dow Jones, Nasdaq 100, S&P 500, FTSE 100 and DAX 30. Commodities traded are gold, crude oil and silver. Some of the paired currencies that are traded are Euro - USD, GBP- USD, AUD – USD and CAD – USD. The stocks traded are Apple Inc, Barclays PLC, BP, Facebook Inc, France Telcom, Google Inc, Societte General and SONY. This gives the investor a variety of assets to choose from.
Depositing and withdrawing
Money can be deposited into ones account at the OptionsXO using Euro, British pound and the US dollar. However, one can only trade in the currency they selected on registration. One is not required to make a deposit while registering but for trading, the minimum deposit is 200 USD, GBP, EUR or 20,000 JPY should be made. Deposits can be made using wire transfers, Debit and Credit cards. Credit cards, which are accepted, are Visa, MasterCard, American Express, Maestro international and Diners club. Other methods are Skrill, Ukash and CashU.
Withdrawals are made into the source that was used to make the deposit. In case that is not possible, a wire transfer is made to a bank account with the name of the account holder. The minimum amount that can be withdrawn is 100 USD, EUR or GBP. Money can only be withdrawn after there is submission of identification documents.
Trading at OptionsXO can earn returns up to 89% for an option that expires in the money. The trader is aware of the payout before investing in the binary options.
OptionsXO has support service available throughout to deal with any trading issues. They can be reached using telephone, email or live chat. There are also international numbers for international clients.