Binary Options Guide

Introduction

The trading platform is suited for novice traders who are interested in earning a second income, but powerful enough to satisfy the demands of professional traders. Start now and receive a bonus of up to 50% on your investment.

What’s New at OptionBit?

OptionBit has launched several new services and trading options, including 60 second trading and one touch trading, that will make your Binary Options experience even more flexible and prosperous than before. In addition, OptionBit is the very first Options broker to have launched the Algobit platform which is instant signals provider.

The Trading Platform

OptionBit’s trading platform has a wide array of tools and resources useful for binary option trading. Their trading platform is user friendly and also offers a “My Trades” box that indicates trades that are open.

Types of Trading

There are several different types of trades you can execute, which help significantly when having to change your trading strategy. From one touch, autotrader, classic, and more, most people will benefit from the large selection of trading types. While this does mean a little more time and effort must be invested in understanding the different types of trading options, the convenience of having a large pool of trading types is a huge bonus in the long term.

Through the trading platform provider TradoLogic, OptionBit includes the following platform types :

Regular above/below binary options:

• Touch trading and range:

• • Extend and Close Now feature
  • With this feature, traders can extend or close their trading options on the spot.

  The Payout

  While there is obviously no guarantee in Binary Options (not sure if we should say?), or any other type of financial trading, OptionBit does allow you to earn a return of up to 400% on your investment. This number is significantly higher than other forms of trading.

  Asset List

  Select from any number of assets, including stocks, commodities, currencies and major indices. A wide selection of assets allows you to specialize in one particular area and enjoy the flexibility of dabbling in several different assets.

  List of Assets:

  Commodities	Currencies	Indices	Stocks	Bonds
  Coffee Copper Crude Gold Silver Sugar	AUD/USD GBP/JPY GBP/USD EUR/GBP EUR/JPY EUR/CHF EUR/USD NZD/USD USD/CAD USD/JPY USD/CHF	BOVESPA Dax future Dow Jones NASDAQ100 S&P 500 future CAC future FTSE future	Apple Boeing Exxon Mobil Google McDonald’s Microsoft Nike Vodafone ING GROUP COCA COLA	BUND

   

  Bonuses and Promotions
  OptionBit offers their traders a welcome bonus starting at 30%.  For an initial deposit of $200 traders will receive a 30%
  bonus, invest $500 and receive 40% or invest $1,000 and receive a 50% bonus.  Existing clients also receive a ton of different bonus offers and daily rewards including the chance to become part of a VIP program.  The VIP program includes free daily market updates, unprecedented bonuses, expedited withdrawals and free, unlimited personal training with a market analyst.
  
  
  
  

  Customer Support
  OptionBit™ is there for your every need.  OptionBit™ traders can rest assure that their questions will be answered by a team of reliable customer support representatives, who, through their unmatched service, continue to attract clients from all around the globe.  Support is offered in a selection of languages and is conveniently available through email, live chat and over the phone.

  Fast Withdrawals
  Traders will be pleasantly surprised with the fast withdrawal times at OptionBit. Winnings are sent quickly and without hassle. Making the withdrawal request is quick and convenient. However, the most impressive part of the entire account funds management portion of the OptionBit experience id absolutely the amount of payment options available. Traders have the option of using multiple credits cards and eWallet services and will able to easily transfer funds to their trading account from a wide variety of services.

  Pros

  • Their multi-lingual support is great especially for those who are not fluent in English.
  • The Extend or Close now feature allows traders to lock in their profit (close now) or to allow them increase their profit yield by extending the expiration time for their trades.
  • Autotrading software is a neat little feature that allows traders to automatically rollover their profitable positions. With this feature, traders can take advantage of a momentum without being glued to the screen.

   

  Cons

  The sad part about OptionBit is that they don’t offer any money back for those trades that are out of the money.

  Conclusion

  There are many online binary options brokers in the market today. However, there are none currently that offer both the “Extend or Close now” feature and “Autotrading” software on their trading platform. So far, only OptionBit provide these features for their client. With the ease of use for their trading platform, they are worth a try.