Optionbit review – Quality check
Nowadays, more and more people wonder how this binary options broker works, which is why this very detailed and extensive OptionBit review is being written, so that all of your questions are answered and you can learn everything you need to know about this binary options broker. Once you have read this OptionBit review, you will decide whether you want to do your OptionBit test and live your own OptionBit experience.
OptionBit came to life in 2011, yes, just 5 years ago was when this binary options broker came to life and since then it has increased its popularity and has made it to position in the binary options industry. The software that is used to operate is called Tradologic. This binary options brokers is very experienced.
To continue with, you will be introduced to a list of advantages and disadvantages that are considered important to be mentioned on the binary options broker, OptionBit. This OptionBit review does not only include the positive side of this borker, as what it does is introduce you to some information and details that are shared with you about how the different binary options brokers work, and in this case OptionBit. Pay attention to the following advantages and disadvantages so that you can later decide if these pros and cons affect you at all and you can then consider if you are ready to do an OptionBit test and have your own OptionBit experience.
As it is normally recommended in every review on the different binary options brokers, when it is necessary to choose a new binary options broker, it is always recommendable to choose a regulated binary options broker. This will give an extra protection to your online trades with binary options and will make you feel safer in terms of the money of your balance and the personal information and payment method details you submitted to the binary options broker.
In the case of OptionBit, it is important to mention that this binary options broker is regulated, so it does not present any kind of scam, but a world of OptionBit bonus, a broker that is always trying to offer more benefits to its users.
OptionBit is regulated by the well-known CySEC – Cyprus Securities and Exchange Commission, under license number 224/14.
It is also important to mention that in case you are willing to make your own verification, the regulation of OptionBit on behalf of CySEC is registered under the name: Novox Capital Ltd, as this company is the one that manages OptionBit.
Novox Capital Ltd
Platform and interface
When the focus is on trying to reach different markets and trying to satisfy all the different clients, the binary options brokers try to offer their services in different languages, so this way they can reach a wider market and audience at international level:
In the case of OptionBit, this binary options broker, by the time this article is being written, is available in the following languages:
An important fact about OptionBit is that within its platform, all the users receive an OptionBit bonus of 30% of the deposit they make, no matter what the amount is. What is important and needs to be taken into account is that OptionBit has a tight requirement and this means that in order to be able to withdraw the funds of your account you need to have traded 15 time the sum of your deposit.
There are rumors that say that if you contact the customer service team and reject this OptionBit bonus before making any trade, this strict requirement would not be taking place, but you would really need to risk and try if this OptionBit experience really works like this.
The platform is very easy to use and it is user friendly, what you need to know is that it is not very updated in terms of design, reason why it is not very modern. If all that matters to you is to you a simple platform, then do not hesitate it and do your OptionBit test.
The program used is called Tradelogic software and this program is the one that operates the online trades with binary options with OptionBit.
Mobile trading application
The OptionBit team considers that you should never lose an opportunity to make online trades with binary options, which is why, besides of keeping up-to-date with the last global technological trends, OptionBi has developed and exclusive mobile trading application.
The objective of OptionBit is that you can trade online with binary options at any time, wherever you are and that all you need is your mobile app and connection to Internet (data plan or wireless connection). Within this app you will find the following features and advantages:
- You will be able to access unlimitedly to the currency pairs, indexes and markets
- You will be able to use different tools to manage your account
- You will get access to an advanced system of notifications so that you don’t miss anything
- You will have support from the customer service team all day long
The application is currently available to the Android and iOS operating systems. You can search for the app directly in the app store from your device and download it to it, and if not you can enter the following link and use the QR Code:: https://optionbit.eu/mobile-apps/
In terms of main advertising and TV spots done by OptionBit, this binary options broker is not known for having a great variety of TV spots. In terms of videos, you will be able to find some various marketing and review videos about this binary options broker in YouTube, and this way your OptionBit experience will be more dynamic and interactive when you make your research.
OptionBit has developed a marketing strategy, where in terms of advertising, it has focused on the offers. Amongst the promotions you can find some of the following
- You will be able to become a VIP user and have access to different tools and features
- You will be able to schedule appointments with analysts and experts from the binary options market and they will assist you with your doubts and questions
- You will be able to get in touch with customer service via a VIP line
- The money withdrawal will be processed within 3-5 working days
- You will be able to receive extra discounts if you invest money
In its website, the OptionBit teams mentions that it is not important to count with previous experience when you want to trade with binary options. What it is always recommendable is that you make a good research and that you get trained.
If you get trained you will be able to make smart decisions, you will be able to developed better online trading strategies and you will grasp better all the knowledge of the binary options industry.
OptionBit has developed an educational center where you can find its Training Program. Within this program you will be able to access 5 different lessons. The topics dealt are:
- General introduction to financial markets
- Technical analysis
- Fundamental Analysis
- Investment Strategies
In addition, there are different discount plans that will give you credit and discounts to access extra education plans about binary options. Have a look at the following examples:
- If you invest $200, you will have access to a 30% bonus
- If you invest $500, you will have access to a 40% bonus
- If you invest $1000, you will have access to a 50% bonus
Together with all this information and details on this binary options broker, OptionBit, it is expected that this OptionBit review has pleased you and will let you decide if you want to do an OptionBit test and live your OptionBit experience or not. If after having read this review you still have any questions, contact the customer service team!