TopOption Review

TopOption Review

Author
  • Website
  • Trading Platforms
  • Support

TopOption is owned and operated by Safecap Investments Ltd. and licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC). Headquarted in Nicosia, Cyprus, TopOption was the first binary options broker to receive EU regulation.
The first thing you encounter on the landing page of the TopOption website is a large video which, when clicked on, presents a 60-second animated explanation of what binary option are all about.

In fact, TopOtion’s home page is filled with all the information you need to begin trading binary options. Once you have registered and opened an account, you can trade directly from the homepage without having to navigate to a platform. It’s all right there beckoning to you. You need only follow the easy 3-step procedure in order to make a trade.
With a click on the button, you can:
1) Choose your asset
2) Make a prediction that the asset of choice will go up (call) or down (put)
3) Decide how much you want to invest and place your trade.

Features

TopOption offers up to 180 different types of tradable assets. These include currencies, commodities, stocks and indices. Since the TopOption home page regularly refreshes itself, you only access all the available options. Once you have decided to place a trade, you are directed to the next page which requires you to go through an additional security clearance. When I found myself on the security page, however, it was impossible to go back to my previous page and I had to close and reopen the site.
The TopOption support team is available throughout the application process and can be contacted via e-mail, online live chat, or their toll free call service 24/5 in English, Russian, Arabic, Spanish, French, Italian, German, Japanese, Polish and Czech.

Accounts and Platforms

TopOption has three types of accounts; Starter which requires an initial deposit of $100, Pro with a $1,000 minimum deposit and VIP, with a $5,000 minimum deposit. Each account comes with respective welcome bonuses, full access to their web-based or mobile platforms and risk management tools, access to the E-video library as well as news, alerts, updates, research and SMS signals and trading reports. The assignation of an account manager and the 1-on-1 training is unlimited only with the VIP package.
The platforms offered for binary trading at TopOption include the Classic binary options trading as well as 60-seconds, OneTouch, Option Builder and Pro Option. The ProOption platform offers several novel features including asset history, historical graphs and trade confirmations. With ProOption, you can Rollover a trade or Double Up. The Rollover Option allows you to postpone a trade’s expiry in anticipation of a more profitable result.  You can improve your outcome by doubling up your initial investment using the Double Up platform.
All in all, TopOption is a good choice for all binary traders. It provides enough information for both new and experienced traders and the webpage is clear and easily navigated.