This broker is closed.
OptionBit promises safe trading environment and fast withdrawals. What else do you need? Read more in our OptionBit review and find out more.
OptionBit Special Features
This regulated broker, due to CySEC’s decision, no longer provides binary options bonuses!
One of the interesting things is that OptionBit provides automatic bonuses. This means you don’t need to contact your OptionBit account manager. After making first deposit OptionBit will automatically allow you 30% Welcome Bonus. Before accepting any bonuses, traders are recommended to read terms and conditions where they will find out more about turnover requirements.
Depending on initial deposit invested with OptionBit, traders will receive the different bonus. For traders that invest more than $500, OptionBit will welcome 40% of bonus. Depositing more than $1,000 will allow 50% bonus.
When compared with industry standard, OptionBit requires low turnovers which will be acceptable for all traders. OptionBit review showed traders will have to apply 15 x bonus turnover. Those traders that don’t want to accept OptionBit automatic bonus offer have to contact their customer support. Optionbit will accept and apply your preferences and remove trading bonuses from our account. It is important to say that traders have to contact OptionBit customer support BEFORE they start trading.
OptionBit Trading Accounts
OptionBit has ensured different account types that are created with different types of traders in mind. They have served three different account types and each of them ensures superb services:
OptionBit Mini Account
As we have already mentioned, OptionBit ensured Mini Account clients benefit with 30% of welcome bonus. Additionally, this account serves up to 30% Loyalty bonus. Traders that have arranged to trade with Mini account are granted to use OptionBit eBook and basic video lessons. OptionBit Mini account implemented free trading signals and one daily market review. Traders are welcome to use one free monthly withdrawal. Furthermore, Mini account traders have the privilege to communicate with personal account manager that can contribute them while making trading decisions. Traders are also offered to use advanced trading charts and listen to OptionBit webinars.
OptionBit Standard Account
Starts with higher welcome bonus, up to 50%. Traders that register with Standard account have the privilege to use up to 75% loyalty bonus. OptionBit clients are offered with all services from the previous account. They are granted to use a full package of OptionBit video lessons and they are allowed to receive two daily market overviews per day. OptionBit standard account implemented 1 on 1 training lessons, with up to five lessons in a month.
OptionBit VIP Account
VIP account accepts up to 75% welcome bonus and up to 100% loyalty bonus. OptionBit VIP account accepts two free monthly withdrawals and an unlimited number of training sessions. Besides all admirable features, VIP clients are provided with OptionBit market expert that will be available for any assistance.
OptionBit in Numbers:
- Minimum deposit: $200
- Maximum bonus: $5,000
- Minimum investment: $10
- Maximum Investment: $500
- Maximum returns: $500
OptionBit Trading Software
OptionBit belongs to modern generation of brokers that promises to provide simple and user friendly approach. OptionBit platform keeps visual appearance simple and it enabled traders to customize platform according to their preferences. Besides simplicity, OptionBit implemented many informational tools that also include real time analytics, as the broker claims. Additionally, all OptionBit clients are welcome to read important news updates. All these features are given without any additional charges, which raises the value of services provided by OptionBit. Traders are welcome to trade with huge number of assets, including stocks, indices, commodities and currency pairs. OptionBit is developed on Tradologic platform. Trading platform is also available for mobile and tablet devices.
OptionBit enabled several trading options:
- One Touch
- Touch Options
Besides variety of trading options, OptionBit grants trading with both short and long term expiry times:
- 60 seconds
- 2 minutes
- 5 minutes
- 15 minutes
- 30 minutes
- End of Day
- End of Month
OptionBit Support Information
Customer support is one of the most important things we are rating when making a review with each broker. OptionBit review has shown modern approach towards this part of service. OptionBit claims they offer far more from just a great product. OptionBit clients have the privilege to receive monthly reports with comprehensive analysis of the market, as the broekr says.
OptionBit is also available through different phone numbers (UK, Spain, Russia, Germany, Portugal, Japan, UAE, Italy). OptionBit has also allowed a Call-back option, so traders can simply order a call at desired time. Traders can use live chat as well.
Traders who prefer classical emails can simply leave a message on the OptionBit contact form and wait for a representative to answer through email. Traders can also contact OptionBit support via [email protected]
OptionBit Training Program
According to the website of the broker, OptionBit believes it is important to invest in knowledge in order to become a successful trader. They support traders with educational database and training programs. We have found OptionBit enabled OptionBit VOD which is enabled even for traders that aren’t OptionBit clients. OptionBit VOD provides several training videos for beginners and advanced traders. Besides that, we have found an extensive collection of OptionBit platform videos that can be very useful in actual trading.
OptionBit has decided to train their clients by developing a training program that is available for all traders. The training program is available through live chat or phone call, depending on client’s preferences.
Traders can trade with OptionBit Demo first
Traders who feel a bit uncertain to start trading binary options can ask for OptionBit Demo account first. Demo account is always a good idea that help traders practice and get an idea how it looks like. Demo accounts always provide virtual funds so traders can practice and place trades without losing any of their real funds. If you want to try OptionBit Demo first, just contact your account manager and ask for Demo.
OptionBit Banking and Company Information
OptionBit offers multiple payment methods for its clients. Besides usual Visa, MasterCard and Amex, traders can deposit and withdraw using Bank Wire and various E-Wallets like Skrill, Moneybookers, PaySafe Card or Web Money.
OptionBit is the broker that is present since 2011.
Regarding withdrawals, OptionBit enabled withdrawing with just $30. Traders will be pleased with one fee free cashout per month. If you withdraw more than once in a month, your withdrawals will be charged with extra $30. Knowing that one withdrawal in a month is free, we recommend traders to make plans and withdraw the bigger amount that won’t be charged with additional fees.
OptionBit is owned by a company named Green Galaxy International S.A.