GOptions review: is this the best Binary Options Broker?

ATTENTION: THIS BROKER IS OUR OF BUSINESS

GOptions Review – A brief historygoptions review

GOptions online brokerage firm has been in the business since 2009 and their focus has always been offering an unmatched number of services for binary options traders. Their first goal is to
provide a customer service of the highest level. The management team consists of both customer service professionals and traders with trading in their blood. GOptions state that they can rely on a solid customer base due to the strong customer service. Next to that GOptions offer an online trading system which you can use without previous trading experience. They offer a payout up to 90% when trading standard binary options and they offer every trader a loss insurance.

GOptions Account Types Table

Standard
$1000-$4999
A welcome bonus when you make your initial deposit which will be equal to up to 50% of your deposit
Further bonuses every time you make redeposit equal to 35% of their value.
Daily and weekly market reviews.
Weekly call and improvement Session
OPTION: 4 X $50 RISK FREE TRADES
Mini
$500-$999
A welcome bonus when you make your initial deposit which will be equal to up to 35% of your deposit
Further bonuses every time you make redeposit equal to 20% of their value.
Daily and weekly market reviews.
Weekly call and improvement Session
OPTION: 4 X $25 RISK FREE TRADES
Micro
$200-$499
A welcome bonus when you make your initial deposit which will be equal to up to 25% of your deposit
Further bonuses every time you make redeposit equal to 10% of their value.
Daily and weekly market reviews.
 
 

GOptions Trading Platform Features

GOptions offers a wide range of features like Rollover, Double Up and the Ladder Options with 1250% pay out rate (Can you believe that?!) These features are explained in this article. Binary options traders can expect a lot of GOptions when it comes to special features of their trading platform. Let me explain the following six key features.

Pairs trading Instead of trading one pair like EUR/USD GOptions offer the ability to trade one pair over the other. Maybe you are familiar with this: you think the that EUR/JPY will do better in the charts than the EUR/USD will? This your chance to make money on that performance of one asset (pair) over another. You can make serious profits on that notion!

Making money using the Pairs Trading platform make it possible to make money when one asset outperforms another, just by choosing the pair you would like to follow and off you go! Based on the time of day and the liquidity, pairs of assets will be created and will appear in the window. You will see pairs of stocks like Apple against IBM or commodities like Gold vs Silver and in our example EUR/USD vs. EUR/JPY. The way it works is simple.

  • Choose an asset pair
  • Decide which will get the better of the other before expiry.

If the first of the pair (EUR/USD in our example) is your choice, then click UP If the latter (EUR/JPY in our example) is your choice, then click Down

  • Enter the investment amount and wait for expiry

Buy Me Out Since one broker came with this nice feature to limit the loss or to close the position with profit more binary options brokers introduced this. The Buy Me Out feature is also referred to as “stop loss“.  This is a powerful addition to your set of binary options trading tools. Unfortunately it is not available at all times. The feature becomes visible upon one hour before expiry. To limit the loss or risk or to secure the profit a trader can use the Buy Me Out option. Simply click the sell button in the trading platform software to see the offered closing price and hit apply when the trader agrees. This has to be done in three seconds!

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Turbo Options 60 Second Options are not a unique feature either. All brokers offer this particular type of options trading. However, there is one thing that is unique in GOptions 60 Second Options: start trading with as little as $5 per trade! But Goptions also offers to trade GOptions Turbo Options with time frames of 30 seconds, 90 seconds, 120 seconds, 300 seconds. Traders who trade the news or do scalping.. No problem! It doesn’t matter how well your account is funded. The $5 trades are available to all traders with a live account. You can take advantage of every market move. Quick and easy! 60 seconds trading is only suitable for highly liquid assets. Assets available with 60 seconds options include:

  • EUR/USD
  • USD/JPY
  • EUR/JPY
  • AUD/USD
  • EUR/AUD
  • GOLD/EUR
  • EUR/GBP
  • GBP/USD

  • USD/CHF
  • GBP/JPY
  • USD/CAD
  • Gold (Dollars)
  • Gold (Euros)
  • Oil
  • Apple shares
  • Google shares

Rollover The RollOver feature is enabled for traders who wish to extend the expiry time of a position to one of the next times available. When your trade is about to expire in the money and you wish to try it again, just hit the Rollover button to extend the time of expiry.

Double Up When you have a position in the money and wish to open a new trade, just hit the Double Up button to simply copy the existing position and me in the market in one click. This feature is perfect for day traders since it demands you to be behind the computer screen all the time.

BEST FEATURE: Ladder Options Brand new in the market of binary options trading are the Ladder options. Although it is the most advanced way to trade binary options, they are not difficult to use. Common binary options are limited to choosing up or down based on the current market rate. You are limited in what you do: the three steps. The available assets are: AUD/USD, EUR/USD and OIL. With ladder options the options are five times greater. Traders are give the option to open a position above or below the current price.

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Ladder binary options explained

Watch the figure above. To use the ladder options, select the asset (1) and take a look at the expiry time below at (2). To the far right you can enter the amount you wish to invest (3) in a range from $10 to $100. The rate for EUR/USD is 1,35673 (4).

To the right you can see the prices for up and down (5). You have a pay-out for each option at each strike price. Are you able to predict the rate very accurate? Then the Ladder Options are your way of trading the binary options market. The highest pay out rate visible is 586,68%. However, ladder options can go up to 1250% pay out rates!

Forex Trading

Trade forex with end of day expiry. This is a new funtion in 2014 and has become very popular among binary options traders. With this forex tool you set up some parameters like the amount you wish to invest and the take profit level.

When the rate of the take profit level is reached, the position is closed or when the expiry time is reached. Find out more about this feature in our article Forex Binary Options.

Spot Follow

GOptions have now enabled the function Spot Option. This is a great way to follow and copy the trades of the world’s best binary options traders. Social trading is the new trading when you are not familiar with or are not interested in learning to trade.

GOptions Review: Special Traders Tools

In addition to the features mentioned above the following tools are also available to traders:

  • Cancel trade
  • Automated trading
  • Trader’s choice (see what other traders are doing)
  • Option builder (create the option you want)
  • Trading bonuses, rebates and other offers for active traders
  • Much more, like: trading ideas, strategies, daily analysis, videos, education, economic calendar, charts..

GOptions Binary Options Traders Account Types

MICRO: ACCOUNT $200-$499, 25% BONUS
OPEN MICRO

  • A welcome bonus when you make your initial deposit which will be equal to up to 25% of your deposit
  • Further bonuses every time you make a deposit equal to 10% of their value.
  • Daily and weekly market reviews.

MINI: ACCOUNT $500-$999, 35% BONUS
OPEN MINI

  • A welcome bonus when you make your initial deposit which will be equal to up to 35% of your deposit
  • Further bonuses every time you make a deposit equal to 20% of their value.
  • Daily and weekly market reviews.
  • Weekly call and improvement Session
  • OPTION: 4 X $25 RISK FREE TRADES

STANDARD: ACCOUNT $1000-$4999, 50% BONUS
OPEN STANDARD

  • A welcome bonus when you make your initial deposit which will be equal to up to 50% of your deposit
  • Further bonuses every time you make a deposit equal to 35% of their value.
  • Daily and weekly market reviews.
  • Weekly call and improvement Session
  • OPTION: 4 X $50 RISK FREE TRADES

GOLD: ACCOUNT $5000-$9999, 75% BONUS
OPEN GOLD

  • A welcome bonus when you make your initial deposit which will be equal to up to 75% of your deposit
  • Further bonuses every time you make a deposit equal to 50% of their value.
  • Personal account manager and private Skype entrance
  • Weekly fundamental and technical strategy training
  • Weekly improvement sessions and daily market reviews.
  • Breaking Financial Trade Alerts
  • 10% Insurance for any total losing month
  • A paid for month of Auto Trading signals
  • OPTION: 4 X $250 RISK FREE TRADES

VIP PLATINUM: ACCOUNT $10K-$250K, 100% BONUS
OPEN VIP PLATINUM

  • A welcome bonus when you make your initial deposit which will be equal to up to 100% of your deposit
  • Further bonuses every time you make a deposit equal to 100% of their value.
  • Personal account manager and private Skype entrance
  • Weekly fundamental and technical strategy training
  • Daily and weekly market reviews.
  • Breaking Financial Trade Alerts
  • 10% Insurance for any total losing month
  • Three paid for months of Auto Trading signals
  • $100k+ Receive personal GOptions credit cards
  • OPTION: 4 X $500 RISK FREE TRADES

GOption Review – Conclusion

In comparison to other binary options brokers GOptions offer a huge package to serve their traders. Key features are the Ladder Options and the loss insurance called Buy Me Out (stop-loss). Next to those highlights it is worth to mention the $5 60 second options. This is the lowest investment possible in the financial trading market, go to GOptions now!

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