Top Options Review

Top Options

The TopOption binary options brand is operated by Safecap Investments Ltd. This company operates from the financial district of Nicosia in Cyprus. TopOption is powered by Markets.com, a leading player in the forex and binary options business, and uses the SpotOption binary options white-label platform.

Payouts

The payouts for the various trades used on this platform are as follows:

a)    Call/Put trades: Payouts range from 65% to 80%, with an average of 70% being the norm at most times. The exact amount paid out to traders will depend on if the trader opts for a return on trade losses or not, and on the amount of loss return used.

b)    The High Yield One Touch trade produces a weekly return of 500% for successful trades.

c)     The 60 seconds and OptionBuilder trade type give payouts of between 65% and 80%.

d)    The Pro Option produces a variable return payout rate. 

Bonuses and Promotions

Traders are awarded an account opening bonus, and the level of bonus will depend on the account type that the trader chooses. There are three account types that traders can open:

a)    Starter account ($100 to $999)

b)    Pro account ($1000 to $4999)

c)     VIP account (from $5000)

Bonuses range from between 25% and 50%.

Additional Special Offers:

1. Trends: Spot trends of instruments.
2. Trader’s choice: Watch percentage of traders preferences per each instrument traded.
3. Educational: Exclusive videos on how to trade and exclusive eBook specific for us.
4. 180 assets to trade(!)

Asset Index and Expiry Times

TopOption offers more of its assets in the stocks category, and just a few in other categories. The tradable assets are:

-       Commodities: Corn, wheat, sugar, coffee, crude oil, platinum, silver, gold.  

-       Currencies: USD/ZAR, USD/SGD, AUD/USD, USD/CHF, NZDUSD, USD/TRY, EUR/GBP, EUR/JPY, USD/CAD, USD/JPY, GBP/USD, EUR/USD.

-       Indices: ASX200, Bombay SE, CAC (France), FTSE100 (UK), DAX (Germany), Dow, Dubai, Hang Seng, IBEX35, NASDAQ, Nikkei225, S&P500, SSE180 (Shanghai), Straits Times (Singapore), Tadwul (Saudi Arabia).

-        Stocks: Amazon, Apple, BNP Paribas, Citi Group, Coca Cola, Fiat, France Telecom, Gazprom, Google, HSBC Holdings, IBM, Petrobras, TATA motors, Teva Pharma, Tesco, Sberbank.

Expiry times for the trades are as follows:

a)    Call/Put digital option: Expiry times are 15 minutes, 30 minutes, one hour and two hours.

b)    OptionBuilder: this is designed so the trader can apply a specific hour and minute to the expiry time, as opposed to the pre-set expiry times found on the other trades

c)     The 60 second option ends in 60 seconds.

d)    The One Touch trade has a weekly expiry.

Trading Tools

There are some special trading tools for traders on TopOption:

a)    The TopOption academy has a variety of learning materials for all those who want to be acquainted with the binary options market. You do not need to open an account to access these materials

b)    Trading on the iPhone and iPad will be introduced shortly.

c)     The platform is multilingual and traders from any part of the world can select their language of choice from the available ones listed on the website. 

Deposits and Withdrawals

Deposits and withdrawals can be performed with the following methods of transaction:

1)    Credit cards: Credit cards from MasterCard, VISA and Diner’s Club are accepted on TopOption.

2)    Traders can fund their accounts in local currency bank wires using FastBank Transfers (selected countries only) and also with international bank transfers using foreign currency.

3)    Traders can now fund their accounts with various types of digital currency. E-currencies accepted on TopOption include Neteller, Liberty Reserve and Webmoney. 

4)    Moneybookers also provides another means of transacting onTopOption. Moneybookers also provides a platform for some country-specific payment methods to be used.

Withdrawals follow the same methods used in depositing funds into the account. The minimum withdrawal amount for any method is $100. The minimum deposit on TopOption is $100. The minimum amount that can be invested in a trade is $25. There are no fees charged to the trader for making withdrawals from the account. 

Accounts can be maintained in US Dollars, Euros or British Pounds.

Sign up to TopOption.com Now and Claim a Range of, Starter, Pro and VIP Bonuses of up to $2,500!

Customer Support

Customer support on TopOption can be reached in the following ways:

-       Live chat: The live chat tab is located on the home page of the website.

-       There are several email addresses by which TopOption can be reached. The email address to reach the Customer Support desk is on support@TopOption.com.

-       There are several phone numbers reflecting the varied geographical spread of TopOption. However, the international toll-free number is at +35722222039.

-       Fax: +35722022540

Top Options Summary: 9.0/10