iOption Review - Is It A Scam?

(114 votes, average 3.76 out of 5)
iOption Review - Is It A Scam? 3.76 average 5 based on 114 votes 114.

Ioption Review

Welcome to our iOption review website. Throughout our review article we will be taking a deep look into the ioption trading platform to see whether iOption is a scam or it is in fact a legitimate trading platform.The following will give you an overview of iOption to help you determine whether this is the right broker to trust with your investments.If you have your own iOption review please post it below our iOption review.


 
 
 
 

iOption is one trading platforms nowadays that is giving investors the opportunity to trade Forex pairs, indices, stocks and commodities. iOption is also giving traders a chance to manage their own profits and risks as they desire, which helps to streamline the trading experience and boosts the potential for earnings.

iOption Homepage

General iOption.com Information

  • Established in October, 2009
  • Headquarters in Cyprus
  • Minimum Trading amount of $10
  • Minimum Deposit amount of $100
  • Maximum per options - $1000
  • Available languages such as English, French, Spanish, Arabic and German

iOptionTrading Platform
Once you sign up to iOption, you will find the trading platform placed strategically on the homepage to make it easier for traders to get started right away. Similar to most platforms for forex trading, you are not required to download software.


All the information that you need for trading can be found right on the platform. As soon as you are ready to start your trading activities, you will find a number of options in addition to the remaining time, strike price and protection and return rates. After that, you can choose to buy either a put or call option and then this will open additional details. One of the things that you will love about this iOption would be that each pair will be listed in a unique row, which will enable you to process each option with no distraction from the other fields.

Our iOption Review Continues Below...

iOption Trading Platform

There is also a demo video on iOption.com, so you can watch this to get a better understanding of how the system will work before signing up. This will be helpful for anyone who is new to trading binary options, but will not be necessary if you had some experience in this kind trading, because the iOption platform will be completely straightforward. However, iOption is not offering a free demo account like some of the other binary options brokers such as 24option.com. But, with the opportunity to deposit a low amount of $100, it’s possible for traders to practice using their minimum investment and might even earn a profit in the process.

Some of the features
Similar to most brokers that is offering binary trading, iOption.com gives as much as 81% ROI or return on investment from one trade, based on the selected asset. But, this profit margin is not unusual in the binary options world. However, what is unique would be the one-touch options trading, allowing traders to make requests for trades over the weekend while the market is not open and maintain open positions throughout the week until they hit a target. In case the set rate is obtained, the trader can get a payout when the week comes to an end. If the trader did not hit the target, this means that the investment would be lost. OneTouch gives a payment of as much as 400% and this is among the top ROIs obtainable in online trading.

Our iOption Review Continues Below...

iOption One Touch Trading

Yet another beneficial feature provided by iOption.com is actually the chance to rollover a particular option. This can be really beneficial if it seems like the option will end out-of-the-money and the trader wanted to extend the potential for closing successfully. In a similar fashion, traders are given a chance to select the expiration time for their option which could range from fifteen minutes to one month, depending on their trading style and knowledge of the market.

Customer Support
Customer service is accessible via phone, chat and email. iOption has made it very easy for traders in their global network to call the support team by providing phone numbers for twelve countries. The emails could be reserved for certain divisions to allow traders to get answers from the right representatives.

Our iOption Review Continues Below...

iOption Customer Support

While doing the research for this review, the iOption.com chat service was tested five times, and the service was mostly satisfactory. The customer service representatives are encouraging and knowledgeable, though a few were friendlier than the others. For the chat service, we had to wait more than 30 minutes on the weekend. Even so, this service had been more than adequate.

iOption Ease of Use
Even though, you might use other services before for binary options trading, you still have a bit of a learning curve to use this platform. This learning curve could stop you from start trading immediately, but it will not be difficult. In fact, you are recommended to spend time poking around any new platform before making an investment. The introductory section will explain the trading process very well, but it will be a good idea to check out the platform firsthand.


It will take only a couple of minutes for you to open an account at iOption.com and you will discover that its considerably faster than when you are opening a regular account for Forex trading. As it is customary with any reliable broker online, identification will be required to deposit or withdraw funds. These documents could be sent in by fax or email. Deposits are allowed through wire transfer, PayPal, MoneyBookers and credit card. Withdrawals will take two days for processing and can be done using the same channels. iOption is offering one withdrawal commission free every month, but additional ones will be subjected to a $25/$30 fee.

iOption Review Conclusion
After reviewing iOption we have come to the conclusion that iOption will be a reliable option for new traders and investors who are seeking a new platform for binary trading. There is a listing with more than eighty-five assets for trading and this will help investors at all level to find the ideal trading tool. Besides that the OneTouch option for weekend trading will allow the traders to remain focused on earnings throughout the week.

We hope you have enjoyed our ioption Review and you can be assured that iOption is NOT a scam. If you have your own iOption review or iOption scam story then please post your comments below for the world to see.

Users Reviews  

 
+8 #1 Lajos 2011-10-07 07:49
IOPTION is a SCAM!!!! They cant pay out 750 euro! - Im waiting for this amount for 3 months.
Quote
 

Add Your Own Review


Security code
Refresh