GTOptions is at this moment the highest ranked European binary options broker. The broker a very large number of assets as well as a huge pack of special features that are not available at most other binary options brokers.
Read the below GTOptions review in order to find out what this broker has to offer.
Platform and Services
GTOptions runs on a unique binary options trading platform that works both on regular desktop computers as well as smartphones and tablets. Making trades on the interface is very easy because the interface is very elegant and stylish.
At GTOptions you can trade on almost all binary options types such as call and put options as well as one-touch options. Call and put options are the primary choice for starters. More experienced traders can also use one-touch options, which will offer much higher winning rates than regular call and put options.
One of the greatest things about GTOptions is the fact that it offers a large selection of special features that dramatically increase traders’ profit margins. These are listed below.
Rollover feature – This feature will permit traders to extend the expiration time of your option. This is perhaps one of the most useful features in the entire binary options business.
Basically, once your option is about to expire and you see that your option will finish out of the money (your prediction will be incorrect), you can just simply use the rollover feature to extend the expiration time.
So, by using this feature, in case of losing trades, you will go from 100% knowing that you will lose to giving you another winning opportunity. With the expiration extension you may still lose but you will have another chance for the asset to recover and finish in the money. Without this feature in these cases you would lose 100%.
Sell Position feature – This feature allows you to sell your option in case you know for sure that it will finish outside of the money. This is another feature that will greatly help you to increase your profits.
Even in case you are an expert you will come across situations when it’s obvious that the prediction you made was incorrect and that you will lose your investment. At most other brokers in this situation there’s nothing do you other than just waiting for the option to expire and for you to lose your money.
At GTOptions however in this cases you have the possibility to sell your option and get most of the invested money back. You will not get all the invested money back but like said, at any other broker in such cases you would lose everything.
Rebates – Rebates are yet another thing that is not available at most other brokers. In case you lose a trade, GTOptions will return approximately 10% of your investment into your account. At almost any other broker this is 0%.
Long Term trades – The feature I like the most is the availability of options with very long expiration times such as several hours and even several days and weeks. The reason for this is that these are the options that can be predicted the easiest.
For example right now (November 2014 – when I wrote this) the price of oil is continuing to decrease for several months now (this has been a major headline in every financial newspapers this year). So, you can be fairly sure that this decrease will continue for at least another few months.
So, a very safe and secure trade at this moment would be to invest a lot of money on the fact that the price of oil will decrease within 1 week.
The reason to choose 1 week instead of like 1 hour is that in time frames such as a few hours the price of oil can still slightly increase, while overall during the day and during the week the general trend was a decrease.
Almost no brokers offer long term trades precisely because it’s so easy to win using them. Well, now at GTOptions you can do just that.
GTOptions offers a very large selection of assets, which you can find listed below:
Forex pairs: AUD/USD, EUR/GBP, EUR/JPY, EUR/USD, GBP/USD, NZD/USD, USD/CAD, USD/CHF, USD/JPY, USD/RUB, USD/SGD, USD/TRY, USD/ZAR and Bitcoin.
Stocks: AMAZON, APPLE, BARCLAYS, BIDU, BNP PARIBAS, BP, CITIGROUP, COCA COLA, FIAT, FRANCE TELECOM, GAZPROM, GOLDMAN SACHS, GOOGLE, HSBC HOLDINGS, IBM, LUKOIL, MICROSOFT, NISSAN MOTORS, PETROBRAS, ROLLS ROYCE, S.BANK INDIA, SAB MILLER, SBERBANK, TATA MOTORS, TESCO and TEVA PHARMA
Commodities: Coffe, Oil, Platinum, Silver, Gold, Sugar and Wheat
Indices: ASX, BOMBAY SE, CAC, DAX, DOW, DUBAI, FTSE 100, HANG SENG, IBEX, KL FUTURE, KUWAIT GENERAL INDEX, MICEX 10, NASDAQ, NASDAQ FUTURE, NIFTY, NIKKEI 225, RTS, S&P 500, S&P FUTURE, SSE180, STRAITS TIMES, TADAWUL, TEL AVIV 25 and TOPIX
Yet another reason why GTOption is one of the top brokers is because it offers very high payout rates. Your actual payout rates are going to be even higher than the ones shown by the broker due to the 10% rebate on losing trades as well as due to the existence of features such as the rollover and the sell options feature.
The majority of the payouts offered by the broker are in the range of 85% to 90%, which is very competitive.
Like said above, in reality the payout rates will be much higher, since you also have a 10% rebate on all losing trades. So, this instantly increases your real payout rate with an additional 10%.
What this means that even if you trade completely by random you will have a winning rate of 50%, which means that at GTOptions it is possible to actually never lose money in the long term if you are smart about it.
Also, like explained above, you will also have the rollover and sell options feature at your disposal which will even further decrease your chances to lose. This is the reason why I strongly believe that GTOptions is at this moment the broker that offers the best winning chances in the business.
Deposits and Withdrawals
You will have to deposit at least €250 in order to be able to trade at GTOptions. You can deposit using multiple payment processors such as credit cards, wire transfer, Moneybookers, WebMoney and more.
Withdrawals will be processed by the same list of payment processors as in the case of deposits.
Very important: The broker will process your withdrawals within 3 business days.
The majority of binary options brokers have withdrawal times of 7 to 14 days, so the 3 days withdrawal period GTOptions offers is really great.
Bonuses and Rebates
You will be able to get a deposit bonus of 50% on your initial deposit at GTOptions. In case you accept a bonus you will however have to generate a trading volume of 40 times your deposit and bonus before you can withdraw. For this reason, I don’t recommend for you to accept the bonus.
But the great part is that GTOptions offers a 10% rebate as well on your losing trades. Like explained above, this basically means that your real payout rates will actually always be with 10% higher than shown on the site (because you will lose 10% less money in case of wrong trades).
Regulation and Licensing
Is GTOptions licensed and regulated? – YES. GTOptions is at this moment licensed and regulated in Cyprus by the Cyprus Securities and Exchanges Commission. This license has also been approved and validated by the Financial Conduct Authority (FCA) of the United Kingdom.
GTOptions also has a permanent physical office in London too.
GTOptions’ license is also valid in every member state of the European Union.
To further check out GTOptions you should go directly to the brokers main page and see what they have to offer. If you like it you can sign up there anytime.