Currently Option Time is out of business due to a breakup with their business partner Markets dot com. Meanwhile, you might want to choose a different broker to open an account with.
Offering an innovative and comprehensive binary options trading platform, OptionTime is fully regulated in the EU and suitable for both beginner and professional traders.
OptionTime offers up to 180 tradable assets, high payouts and a wide range of tools to trade. Expensive sounding names like Promaster, OneTouch and Speed Trading are state of the art features including a buy-out option and history graphs. The platform is suitable for trading on the web or mobile phone since there are no downloads necessary.
Just like any other broker, Option Time offers an online training section called Academy. This academy offers multi media tools including ebooks, one-on-one training and economic calendars, streaming news and reports daily and weekly with the latest market updates. All a trader needs to predict the rate. Trade Now with Option Time
OptionTime: Option Types
Option Time offers various features like: rollover (delay expiry time), double-up (copy the trade to open another one), sell option (sell before the expiry), trader’s choice (what do others trade?) and stock pair (which one will outperform the other?).
The types of trading supported are:
- Classic Time – most used 3-step system. You know what that is, don’t you?
- Pro Master – advanced system offering indicators like MACD, RSI, Fibonacci and Bollinger Bands. These are used in Technical Analysis.
- Speed Trading – predict the direction over the following periods: 60 seconds, 90 seconds, 120 seconds.
- One Touch – will the rate of the asset touch the given top or bottom? Payouts up to 500%.
- Touch in time – Also called the Touch/NoTouch option or Boundary Option. Will the rate stay between the lines or not?
Option Time Bonus
Option Time is offering a great bonus structure. They offer a 100% welcome bonus on your first deposit, but the maximum amount varies per account type. I have made a grid with the account types and maximum welcome bonus on your first deposit.
Option Time Review Conclusion
All in all Option Time offers a great package deal for new and professional traders. Especially the first time deposit bonus is interesting. This already gives you a head start in making money trading options.
Option Time Account Types Overview
OptionTime: Option Contracts
In the OptionTime trading platform you will find 5 main types of contracts: Classic Time, Speed Trading, One Touch, Touch in Time and Pro Master.
The most easy way of trading binary options is the Classic Time option. This is also the most popular on the platform and all you need to do is to select an asset and determine whether the price of the asset will go up or down and the amount of money you wish to invest.
Speed Trading is tailor made for the more adventurous traders among us. Expiry times in OptionTimes’ Speed Trading contracts range from 60 seconds to 120 seconds. Do you have the nerves to trade this?
Are you very good in analysing the stocks? Then you are the one to take returns of up to 500%! With One Toch options, OptionTime offers you a way to take more risk and to gain more money when you have predicted it right. One Touch Options are options where you determine if the price hits the higher given rate or the lower one. 24Option calls this the ‘Boundary Options’.
Touch In Time are options traded in volatile markets. Will the rate touch the given boundary or not, in a certain time frame? A synonym for this is Touch Options or Touch-No-Touch Options.
Are you a Pro Trader? Option Time offers you the ability to trade the charts using expert tools like indicators such as MACD, Bollinger Bands and more. This is trading!