Grand Option Review – CySec licensed Broker
Quick Review
Description: Binary options, Make Money Online
What We Liked:
offers legitimate binary options platforms , well-rounded and assorted forms of investment , Stop/Loss profit is also provided by this broker , sponsoring contests with cash prizes to boot, CySEC regulated company.What We Disliked:
Grand Option allows one free withdrawal but, each type of accounts offers specific free withdrawals , you will be charge 2 percent when you use MoneyBookers to withdraw, does not accept US tradersGrand Option is a new platform offered by 24Option Company to meet traders need for a broker that will allow them to trade even with such a minimal amount of money. Traders are undoubtedly looking for a professional type of trading platform. Grand Option review says that this broker does offer an excellent starting packages that traders would likely benefit from. To start trading with this broker, traders must have a minimum deposit of $100 and a minimum trade of at least $25. Since this broker is regulated by CySEC this means US traders are not allowed to trade with them, however, other global traders are welcome.
Even if so, this broker remains a good choice especially for beginners in this kind of trading investment. If you are seeking a safe and secure platform to start trading with minimal investment of only $100 then this professional broker is what you are looking for. Being fully regulated has its advantages since as a potential customer you are assured that you are working with a genuine binary options broker. It cannot be denied that in this industry there are not a lot of reputable brokers out there. All in all this broker has everything that a trader needs.
Grand Option Review – CySec licensed Broker
rand Option might not be an old timer when it comes to Binary Option trading however it offers legitimate binary options platforms. Grandoption is owned by Rodeler Ltd., which received its CySEC license in 2013. Grand Option Reviews shares that Rodeler Ltd. Is also registered with CONSOB Italy and FCA England, this is proof that this binary trading system is legitimate and not a scam. This means this binary option trading company answers to CySEC who acts as a regulating body. Simply put, when you are trading binary and you have a complaint about this company you can always approach the organization that regulates it. Grandoption review shares this advantage of working with a legitimate binary option trading company.
Even if the same company owns both Grand Option and 24 Option, Grandoption runs on a different custom made binary options platforms. This Binary Trading system recently introduce a Stop Loss feature for trading binary. These Binary Options platforms are available in English, French, Russian and Turkish. This is also the reason why according to Grand Option review that this trading binary company is popular in Turkey and other European countries. Since the time that GrandOption was initiated, this binary option trading company has been one of the leaders in the financial industry. There is a difference in being a solid and trustworthy broker after all. Receiving its full EU regulation status according to GrandOption review also added to its prestige thanks to CySEC.
Traders like you will have a secure and lucrative binary option trading strategy experience since Grandoption closely monitors its market and binary option trading activities. Before you start trading with this broker you need to establish your identity first by providing them with documents like Photo ID. With regards to the photo ID this must be state issued. Other accepted forms of proof of identity includes driver’s license, credit card and proof of address like those found on your utility bills, credit card statement or credit report from the major credit bureau. You will still be required to identify who you are by phone aside from this. This is how serious this broker is about establishing your identity as it is with protecting it. Don’t be surprise if you will be ask to get a certification from your bank about your bank account. Don’t worry the signing up process is a breeze compare to proving your identity.
Review
Grand Option Review
Being an industry leader in binary option trading, GrandOption delivers a wide range of global assets covering all major assets demands like commodities, indices, stocks and forex. Grand Option reviews shares that this company uses binary option trading strategy that enhances the traders’ experience. Suffice it to say, that GrandOption review describes that the binary option trading strategy offered by this broker will give traders a wide range of trading opportunities which equates to a great source of income. Grand Option reviews says that having a superb multilingual trading support on standby does even out the chances of successful trading.
Using a binary options broker like this one can advance your trading career. You can make a decent amount of cash and who knows later on be financially independent. Knowing something little about this market will not assure you that trading will be totally successful or profitable. What will make the difference between your success and failure is an in-depth knowledge of how it works. This is one of the good things that can be said about this broker. It can allow you to reach that level. On top of this does not require a lot of money just to start trading with them. With this broker you do not need to be perfect since you can get all of the experience that you will need to achieve great trades.
If you are somebody new to this kind of investment you must learn and reach that point that you are confident enough to know what your next move will be. In fairness to this broker they do not assure you that you will get profits in an instant. In fact, it might take a couple of weeks or months before you get the hang of it. You will learn how to use comprehensive news analysis which are by the way available on a daily basis. Simply put, you will be able to know how to trade, when to trade and how to use these available tools and resources and move up ahead in this binary options industry. You can use the interactive eBook that contains information about various trading tools, trading strategies, traders’ psychology and behavior.
Binary Option Trading
As an industry trendsetter, GrandOption offers the ultimate binary option trading platform. Who else can offer a personalize way of binary option trading? Imagine, traders being able to manage even multiple trades all at the same time since they can view their trading history. Grand Option reviews shares that traders will be able to view the control panel that features the trader’s choice which showcases the top trading trends. This way it would be easy to decide which direction they would like to take their binary option trading plans. Grand Option offers the ultimate prediction tool sending binary option trading signals that gives traders clear indication about which direction the asset is moving. One of the quickest option is short term options which only last for 30 seconds. Another alternative is to use Wide platform that only Grand Option is known to offer.
This particular alternative according to Grand Option reviews is user friendly and at the same time can attract new and professional traders alike. It all boils down to this, what you really need is not fancy trading features and large amount of assets to choose from but rather a solid binary option broker with the ability to help you grow as a trader. Some users say that what this broker offers is a program that is tailored for beginner traders. Who would have thought that binary options trading can be made simple? You can learn how to narrow down the list of assets that you will choose from. You can actually see your trading history however if you wish to go into technical analysis you can just push a button found on the top right portion of the chart to see how the prices of these assets rise and fall. This trader is compatible with Forex traders as well so that if you wish to transition into binary options or vice versa the transition will run smoothly.
GrandOption
Grand Option reviews reveals that this binary option trading broker is one of the leading companies in this industry. GrandOption is multilingual that appeal to traders. Aside from this it offers a sophisticated binary option trading platform that offers top quality education center and some of the best return of investment’s that this industry has to offer. For starters, GrandOption offers simplified fee structure that gives a guarantee of commissions without hidden fees. Grand Option reviews says that all of the trades have zero spread and investor profits are secured because of this. The Grand Option assets index offers different ways of investing and among this are commodities, indices, foreign currencies and stocks. Grand Option reviews reveals that traders like you can invest through this four forms of financial instruments that refers to the following: One Touch, Short Term, Boundary and High/Low.
The good news is that according to Grand Option review that this trading platform is web based therefore there is no need to download the program. GrandOption traders can also invest with this brokers’ Mobile Trading Platform as well. According to Grand Option reviews this system will allow traders to use their gadgets like SmartPhones, iPads and Tablets to trade. GrandOption Mobile Trading Platform offers secure trading through the use of encrypted technology. Imagine, raking profits all because this trading platform runs 24 hours a day. Traders may be in any part of the world and yet trade under this mobile platform as long as there is network coverage. Be reminded thought that in order to use this binary trading system, users must place a minimum deposit of $250.
Payouts are given from 80 percent for Classic Options whereas 300 percent for One Touch option. Trading under Grand Option means that you can choose any of these accounts: Standard, Superior and VIP. Payment methods for these accounts includes banking methods like the use of credit cards, MoneyBookers or bank wire transfer. There is no minimum withdrawal required when you are using your credit cards or MoneyBookers to withdraw your funds. However, there is a $100 minimum bank wire transfers. Withdrawal fees apply for this. This is based on their account type. VIP accounts allows withdrawals for free. Standard account holders will not be left out in the cold since you can get one free withdrawal however, you will be required to pay fees thereafter. For superior account holders, you can receive one free withdrawal for each month.
The fun starts for Standard Account traders since you will get the benefit of this broker’s video database but most of all you will get the help of a market expert around the clock. This is of course free of charge. You can access diverse trading assets which includes commodities, Forex, indices and stocks. When trading with Superior Account you will have an assigned market expert to guide you. Yes, as Superior Account holder you will enjoy the pleasure of trading with a market analyst during their trading sessions. On top of this you will also get 2 percent of return every time you trade binary option.
However, as a VIP Account holder you can receive access not just for some but all available binary options. You will have your own personal designated market expert that you can contact any time free of charge. As a trader, you will access to a personal training session with senior market professionals. It was not mentioned though even on the official website if there is a minimum amount required for the other types of account. However, it was mentioned that the maximum trade amount is $10,000 for Classic or Standard Options and Short Term Options. For larger trade sizes the maximum amount can be arranged if there is a need for it.
Trading Binary Options
Grandoption is a great choice both for novice and experienced traders. Trading Binary options is fast and efficient with the use of this broker’s site. Grand Option reviews says that traders can expect high levels of flexibility and sophisticated tools that can help them explore the various ways of earning through the use of these signals. Grand Option reviews says that all traders have access to Webinars, daily and weekly financial reports and Interactive eBook. In terms of platform layout Grand Options reviews says that its best features is its no-nonsense straight forward financial instruments posted on the far left of the screen. The binary options trades are place in the center right while the individual trade windows are located on the far right side of this platform.
Grand Option TechFinancials platform has been a huge hit among traders since it offers a complete range of financial opportunities to profit from. On top of this according to Grand Option review they offer excellent return rates. Traders can easily see the available expiry times of each particular asset. The price chart feature of Grand Option shows the current movement and past movement for the previous two weeks. Grand Option review says that the possibility of earning from this investment is feasible, there are no make-believe ways of earning. Suffice it to say that everything is clean and transparent with the help of the professional looking and responsive charts.
No wonder according to Grand Option review from users they find trading with this broker pleasurable and financially rewarding. For signal traders the minimum account size is $500 to get free signals which are provided by a third party. However, this third party will charge you with 200 euro each month. You can make the decision if this is the strategy that you wish to follow.
Binary Option Broker
Grand Option as a broker protects its customer’s security by placing all banking transactions under protected SSL encryption. This broker takes this job seriously since it does not store credit card or other customer personal financial information. It has a strong adhere to its privacy policy and is known for being a stickler to the rules that it is regulated with. This broker will give you all the educational and training resources that you need to learn how to trade. This comes from this broker’s academy of traders’ educational materials. For experience traders the basics might bore you, however stick on you might need some refresher course to start trading with a new platform.
Moving on from basics to advance are clearly explained. You will learn how to use market indicators to your advantage. You will learn all of these by taking webinars and reading eBooks. The learning does not stop there. This broker gives you a large collection of videos that can jumpstart your education into the world of trading binary options. You can be assured that this broker will fortify you with all that you need to be a good trader. Being place in an advantageous position in this market is possible with the help of a solid broker like this to back you up. Later on when you start trading you will be able to feel more confident.
There is no denying that this takes the pressure off so that you will not feel worried about sustaining yourself after each losses. True, there is no denying that in this kind of business you will suffer from losses. You will taught how to minimize losses by risking only $25 per trade. You can start off by depositing at least $500 by as mentioned just use $25 from this. The first few trades you might be on the losing side but, by each trade you will grow in confidence. You will learn how to predict momentum that will be your passport to turning your losses around. Normally, every learning process will allow you to commit mistakes. Grand Option makes it a point to allow you as little problem as possible.
Every new project is exciting but, there will always be challenges attach to it. At this point you might not be sure if trading binary is for you. This is quite normal, after all it would be like learning something new for you. True, that you can start with a small amount however, you can get a bigger account if you can afford it since this comes with additional returns of up to 4 percent. However, if you think that you can start small and slowly increase your investments, the choice is really up to you. You can work your way up give it enough time.
Binary Option Trading Strategy
One of the strategies that Grand Option is known for is that they offer free trading information and great support especially for beginners. As an evidence of this, you can find all the information that you need in the trading guide section of the brokers’ platform. Educating traders and providing you with various trading tools like webinars and video instructions can encourage new traders to do their best. New traders are taught how to trade with each asset class with the help of interactive eBook that comes with instructions. Using the platform is also provided for as well as other forms of strategies and tutorials.
You can reach this broker by phone, live chat and email. Should there be any questions about banking, how to trade or how to use this platform everything is provided for under this brokers’ support and education platform. One of Grand Option strategy is not to offer any specifics but instead encourage traders to contact them about how bonuses work and how to tailor this to meet specific needs. This works like a double edged sword since you will not the requirements will be for the withdrawal of bonus funds. You need to speak with the customer service department This is one of this brokers techniques and it will not change this strategy as long as it works even if there are demands on posting this information on the official website for this broker.
Grand Option Pros
According to some Grand Option review the assets that this broker offers is compose of well-rounded and assorted forms of investment. There are actually 77 assets that you can trade with all in all. These are in the form of currencies, stocks, indices and commodities regardless of any specific asset preference. Grand Option offers these different type of trades like High/Low and Short term trade types. If you are not familiar about how High/Low trading type these are the basic binary option trades. They are different from Short Term option trades because they include expiry times that range from 30 seconds to 5 minutes.
Grand Option review says that Stop/Loss profit is also provided by this broker. With this tool it is possible for traders to sell their open trades. The simplest way to explain this process is that whenever open trade is sold as a way to reduce their loss it is being used as Stop Loss. Every time that an open trade is sold for profit it is being used for Take profit strategy before the conclusion of the expiry time. Grand Option review says that as a trader you can manage RISK and PROFIT ration better with the use of this strategy. Along with these tools market indicators and economic calendars are also provided for.
This broker is known for sponsoring contests with cash prizes to boot. This is another way for you to boost your earnings. This can inspire you to keep on trading since there will be bonuses like this one. Even the smaller accounts have their own perks and bonuses proving to you that when you work with this broker it will not be all work and no play. In fact, this broker encourages you to have fun while you are at in. Every month there is a special offer for those who wish to subscribe to this broker’s service. Still traders can look from 100 to 300 percent bonus.
However, this comes with a clause that says that traders must reached 50 times the bonus amount before they can withdraw the specific bonus amount that they wish to withdraw. In terms of return rates, this broker assures traders that they can expect at least 75 to 310 percent of return rates. The reason for this brokers’ confidence is that traders can control their potential earnings by using these standard or high yield binary options. There are some reports of scam but it is unfounded and that there are no valid proof of it. You can say that these are purely accusations.
Grand Option Cons
When it comes to Grandoption Mobile Trading Platform, traders can only use this platform if they have network coverage otherwise they will lose their trade especially if there is network signal failure. Grand Option reviews shares that there are certain restrictions to trading with this broker, US traders are not allowed to trade with them since they are regulated by CySEC meaning most of the traders that can use them are those who are Europe base. Grand Option offers include basic type of trading and that some brokers might not be pleased with this. New traders are known to prefer standard trade instead of the basics. However, shorter times of expiry can offer additional flavor especially if you are new at this kind of trading. This broker does not provide trade replication or tools that extend trading. This broker does not offered refund rates when traders lose their trades either. There is also that question that traders who are looking for enhanced functionality will quickly outgrow what this broker can offer. However even there is room for growth for this broker still it cannot be denied that it is a nice place for novice traders to get familiar
Grand Option review says that the expiry time can be improve by posting full period like 60 seconds. A good example is that instead of using precise times to display it like for example 13:05. This causes some confusion for traders who are using expiry based strategies. Withdrawals does not come for free unless you are a VIP account holder. Grand Option allows one free withdrawal but, each type of accounts offers specific free withdrawals. Like for instance in the case of Standard account holders that gets only one free withdrawal but will need to pay for the succeeding withdrawals that you will make. If you are a Superior account holder you will be allowed with just one free withdrawal for each month. This only shows that there is still a fine line that separates those who pay big cash more than those who don’t. Some say that this broker does not offer demo accounts as of the time of this review. To be fair, they do offer these plenty of resources that can help traders like you how to use their platform. However, there are also reports the demo account is available but there is not enough information about how this works as of this time. However, it was mentioned that you can ask for a demo account after you deposit the required minimum deposit depending on the type of account that you have chosen.
The simplest way to explain withdrawals would be that if you wish to expedite the process of withdrawing you can withdraw using your credit or debit card only up to the amount that you have deposited in your card, by wire transfer and Skrill. With regards to withdrawal by credit or debit card there is no minimum withdrawal unlike when you choose to do this by wire transfer. Once you get approve you will receive the money within 2 to 3 business days. You also have to check with your bank for fees associated with these withdrawals. Be sure to check out the specific fees that your bank will charge you with for a certain amount that you withdraw. Keep in mind that your first withdrawal is for free. Aside from VIP accounts you will be charge 3.5 percent if you use your credit card. Whereas, you will be charge 2 percent when you use MoneyBookers to withdraw. For bank transfers, US dollar accounts will be charge with $30, Euro account 25 Euros, Great British Pounds 20 and Japan Yen with 2,500 Yen. Again, do not be surprise if your bank has additional charges for these withdrawals as mentioned earlier.
Conclusion
Grand Option is a new platform offered by 24Option Company to meet traders need for a broker that will allow them to trade even with such a minimal amount of money. Traders are undoubtedly looking for a professional type of trading platform. Grand Option review says that this broker does offer an excellent starting packages that traders would likely benefit from. To start trading with this broker, traders must have a minimum deposit of $100 and a minimum trade of at least $25. Since this broker is regulated by CySEC this means US traders are not allowed to trade with them, however, other global traders are welcome.
Even if so, this broker remains a good choice especially for beginners in this kind of trading investment. If you are seeking a safe and secure platform to start trading with minimal investment of only $100 then this professional broker is what you are looking for. Being fully regulated has its advantages since as a potential customer you are assured that you are working with a genuine binary options broker. It cannot be denied that in this industry there are not a lot of reputable brokers out there. All in all this broker has everything that a trader needs.
Click here to start trading with Grand Option
