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Is GOptions The ‘Mean Machine’ Broker They Say They Are?

Whether you are new to binary options trading, or you have been trading for years now, you should know that there are many brokers out there who are promising you the world. While it is quite hard to differentiate the real-brokers from the scams, the best place to start is to look at the facts. This detailed GOptions review will provide you with all the information you will need so that you can make an educated decision for yourself about this broker and what they have to offer.

To whet your appetite, here is a brief summary of the GOptions broker and their services and features.

RATE OF RETURN Up to 85%
REBATE 0 – 10% Rebate
ACCOUNT TYPES Five Account Types – Micro, Mini, Standard, Gold and VIP Platinum
ACCEPTED CURRENCIES US Dollar, Euro, British Pound Sterling, Australian Dollar and Canadian Dollar
ASSETS INDEX Stocks, commodities, currency pairs and indices
WITHDRAWAL FEES Up to $25 withdrawal fee
DEMO ACCOUNT Yes
ACCEPTS US TRADERS
MOBILE TRADING Yes
REFERRAL PROGRAMS Refer-a-friend – $50 Bonus

Let’s get started.

GOptions Website Overview

From the moment you enter the Goptions.com website, you can’t help but be impressed. The site is sleek and stylish and the picture of the cheetah definitely matches the broker’s payoff line of “fast trading, fast profits, fast withdrawals”. There is a lot of information available on the homepage such as how to trade, how to select a trading product, banking information, account types and more. You can also watch a GOptions demo video which outlines the services and features that this broker has to offer. The website is offered in four languages including English, French, German and Arabic which gives an indication that this broker caters to traders worldwide.

Goptions website screenshot

If you have any reservations about GOptions, then their awards and recognition information should address your concerns. This broker has received numerous awards such as the Best Bonuses Award 2013, the Best Withdrawals Award 2013, the BOS Silver Best Broker Europe Award 2013, the BOL Gold Best Ancillary Features 2013 Award and many more. For more information on these rewards, take the time to review their website. The broker also provides you with a testimonials section which gives you the opportunity to see what other traders think of GOptions. I think that having the awards and testimonials information available on the website is an excellent way to lay the credentials of this broker out in the open. After all, they do say if you’ve got it, flaunt it.

While the look of the website is also impressive, a leading broker needs to offer you more than simply a good looking site and a pat on the back from other traders. So let’s put GOptions to the test and open an account with them.

Opening a Trading Account With GOptions

There is no charge to open a trading account with this broker and you can register from the comfort of their homepage. Once you click on the ‘Open An Account’ button, you will be redirected to a registration form. Here you will be required to provide your full name, email address, country, telephone number and password for your account. At this stage, you will also be required to choose the currency type for your account and your choice are US Dollar, Euro, British Pound Sterling, Australian Dollar and Canadian Dollar. Remember to make this selection carefully since you cannot change this at a later stage.

Once you have accepted the broker’s Terms of Use and submitted the required information, you will be redirected to a Verification page where you are provided with a username and password reminder. You will also receive a verification email which confirms your registration with the broker. Your trading account is now opened and you can now access the trading platform.

It is important to note that GOptions offers a selection of trading account types which include:

  1. Micro Account
  2. Mini Account
  3. Standard Account
  4. Gold Account
  5. VIP Platinum Account

Each account type offers different features and requires a different initial minimum deposit amount. Let’s review this in more details.

Micro Account

This account type is best suited for novice traders and it only requires a minimum deposit between $200 and $499. In return, the broker will give you a 25% welcome bonus as well as an additional 10% bonus on each deposit made after this. Traders will also receive daily and weekly market reviews.

Mini Account

This account type requires an initial minimum deposit between $500 and $999 and GOptions will give you a 35% welcome bonus. You will also receive an additional 20% bonus on all redeposit amounts. With daily and weekly market reviews, traders with a mini account will also receive a weekly call and improvement session as well as the option of four $25 risk-free trades.

Standard Account

The standard account type requires an initial minimum deposit between $1,000 and $4,999. In return, the broker will give you a 50% welcome bonus as well as 35% bonuses on all redeposit amounts. The other added features are the same as the Mini Account except that you will receive four $50 risk free trades.

Gold Account

If you make an initial deposit of $5,000 to $9,999, then you will be eligible for a GOptions Gold account. The broker will give you a 75% bonus as well as a 50% bonus on all redeposit amounts. You will also receive a personal account manager as well as a private Skype entrance. Gold account holders also receive weekly fundamental and technical strategy training as well as weekly improvement sessions and daily market reviews. Other added features include breaking financial trade alerts as well as 10% insurance for the total of any losing month. GOptions also provide four $250 risk-free trades as well as a paid month of auto trading signals which will definitely boost your trading success.

VIP Platinum Account

If you are a serious trader and make an initial deposit of $10,000 to $25,000, then the VIP Platinum account is for you. This account offers a 100% welcome bonus as well as a 100% bonus on all redeposit amounts. While all VIP account holders receive the same benefits as Gold Account holders, they also receive three months of paid auto trading signals as well as a personal GOptions credit card for those who make a deposit over $100,000. VIP Platinum account holders will also get four $500 risk free trades.

Once I had signed up with GOptions, I received an email from an account manager offering me 4 x risk free trades, 100% cash bonus, same day withdrawal guarantee, pro coaching, one month free registration to the broker’s exclusive professional signal provider as well as access to a free demo account. In order to qualify for these benefits, I will need to make an initial deposit of $500. The demo account is an excellent way to practice trading in a real trading environment without the risk of losing any real money. This facility is great for both novice and professional traders as it also provides pro traders with a safe platform to practice trading strategies. By opening a Mini account and making a deposit of $200 only, you can also access the demo account facility.

Now that my trading account with GOptions is open, I will need to make an initial deposit so that I can use the trading interface. The broker offers a selection of banking options which we will review now.

GOptions Deposit and GOptions Withdrawal

In order to make a deposit into your GOptions trading account, you can use credit cards, debit cards, wire transfer, E-Wallets such as CashU, iDEAL, Skrill MoneyBookers and Neteller. You can make a deposit from your trading account and you can also withdraw your funds from here. GOptions withdrawals are hassle-free and efficient. The broker charges a $25 fee for wire transfer withdrawals but no fee for credit card or debit card withdrawals. This fee though is waivered for Gold and VIP Platinum account holders. There is a minimum withdrawal amount of $100 and all withdrawal requests are processed within 3 business days. GOptions has a no-hassle withdrawal policy which is clearly outlined on their website. They also clearly state that their withdrawal process is unmatched by any broker.

In order to verify your trading account, GOptions will require you to submit identification documentation which includes a government issued ID card or passport, a utility bill as well as a copy of your credit card with the last four digits and expiry date. This security check helps to secure your funds as well as your personal and financial information.

If you have ever heard of a GOptions scam, you have to stop and ask yourself if these complaints can be legit? So far we have covered a wide range of features and it is very clear that this broker is professional and reliable. Now let’s put the trading platform to test.

Online Trading Platform

Once you access the GOptions trading platform, you will see how easy it is to use this interface. Before we get down to business, a great feature is that the trading platform can be customized as per your needs. That is, you can choose the layout of the trades and they can either be reflected in rows, cubes or with detailed historical price charts. GOptions also offers six different types of trade options including binary options, Long Term, Turbo or short term trades, One Touch, Ladder and Pairs. The Pairs trade option allows you to trade one asset against another to determine which one will perform better by the expiry of the trade. For example, Gold versus Silver or BMW versus Renault. The Ladder trade option is very similar to a combination of the standard binary options trading and One Touch but here you need to predict if the price of the underlying asset will move above or below a few target or goal rates. You also have the flexibility to set the profit/risk ratio for each ladder rung.

The lowest trade investment amount is $5 and this is only applicable to Turbo or short term trades. All other trade options require a minimum of $25 investment per trade. GOptions also offers risk management tools namely, Buy Me Out, Rollover and Double Up. The Buy Me Out feature allows you to close a trade before the expiry time and this works on both successful and unsuccessful trades as a means of stop loss or a profit taking. The Rollover feature allows you to extend the expiry time of an existing trade. Sometimes an asset needs some more time to reach the desired rate and by simply clicking on the Rollover button, the expiry time of the trade will be extended. The Double Up feature is a great tool to double your profit. If you can see that your trade is likely to end in-the-money, you simply click on the Double Up button and a duplicate of the existing trade will be created.

While the trading platform of GOptions is intuitive, this broker also offers auto trading. That is, someone else will trade on your behalf. This is done by using the binary options signals service provided by the broker which we will review shortly.

A trading platform is the core of trading binary options online and this broker clearly excels by providing their traders with a top-notch platform and great features. Let us review the assets you can trade in.

Trading Assets

GOptions offers traders a wide selection of assets to trade in. These assets can be viewed on the trading interface or you can click on the Asset Index tab on the website. Here you will find detailed information on each asset including the trading hours and the trading symbol of the asset. GOptions offers trading in 39 stocks such as Starbucks and Twitter, 18 currency pairs such as NZD/USD and GBP/CAD, 7 commodities such as gold and oil and 19 indices such as Tel Aviv 25 and Nasdaq. Let’s move on now to see how you can make money while trading with GOptions.

Rate of Return and Bonuses

GOptions offers payouts of up to 85% on trades that end successfully or in the money and they also offer a 0-10% rebate on unsuccessful trades. On the One Touch trade option, you can earn payouts of up to 600% on a successful trade so it is quite clear that you can make money trading binary options with GOptions.

This broker also offers a welcome bonus of between 25-100% depending on the type of account you open. We also covered that GOptions offers additional bonuses from 10% to 100% of all redeposit amounts also based on the account type. While receiving money as a bonus is great, it is very important to read the terms and conditions of these bonuses carefully. That is, the broker clearly stipulates that you need to execute a minimum trading volume of 40 times for every $1 bonus before you can withdraw any of this money. Often with such requirements, traders land up losing the bonus and their deposit simply to meet the bonus conditions. Remember that you do not have to accept the bonus so do the calculations first and made an educated decision if the bonus will be beneficial to you or not.

Did you know that you can also make money with GOptions simply by referring your friends to this broker? That is, GOptions will pay you $50 in you trading account for every friend that you refer to the broker who makes a minimum deposit of $200. Your referred friend will also receive the $50 bonus. There is no limit to the number of friends you can refer so take out your little black book and let everyone enjoy online binary options trading.

Let us move on now to education trading tools.

Educational Trading Tools

There are many GOptions reviews on the internet today and one thing that is common among all of them is that this broker is unmatched when it comes to the educational trading tools that they offer their traders. First of all, GOptions offers a full ‘Learn Binary’ section which provides access to their binary options blog as well as daily analysis, trading ideas and binary options strategies. The broker also offers a comprehensive FAQ’s section as well as a full dictionary covering important trading terms. You will also find information on how to trade in general as well as how to trade the different trade options. But there is more.

GOptions offers three trading videos to assist you in trading effectively. They also offer access to an Economic Calendar as well as to free trading chart. All these trading tools are available free of charge. Another fantastic educational tool provided by the broker is access to binary options signals. A signal refers to an alert of a potentially profitable trade and while these signals are not 100% accurate, they are often over 72% correct which means that your trading accuracy can be increased. This signals service is also linked to auto trading which means that when the trader you have subscribed to makes a trade, a trade is executed on your behalf even if you are not logged into your trading account. GOptions provides you with access to many free signals and some require payment. You can view their Signal Marketplace online and you sign up for this service for free.

Let us move on now to GOptions mobile trading.

Mobile Trading Application

You can trade binary options with GOptions from the comfort of your mobile phone. This broker offers iPhone and Android applications. Simply visit the Apple App store or the Google Play store and download these apps for free. The trading interface on mobile is the same as the PC version which means that you can execute trades at any time and from anywhere. This app also works on any iPhone or iOS as far back as version 5.0. This is an excellent tool to have if you are always on-the-go and want to trade.

Broker Safety

GOptions scam review

GOptions is committed to the safety of their traders’ personal and financial information. Because of this, the broker’s website is completely secure using SSL certificates which are provided by the Go Daddy certificate service. The site is also protected with Incapsula which protects it from hackers and other malicious attacks. This should definitely give you peace of mind that trading with GOptions is safe and secure.

Let us move on now to review the broker’s customer service.

Customer Service and Support

A core element of a good broker is the ability to contact them at any time. GOptions makes this easy for you by offering a live chat service. You can also contact the broker via email or telephone. They have provided contact telephone numbers in the USA and the UK. The broker’s physical address is also available on their website which is always a big plus. The customer support staff is professional and always ready to assist you with any queries. They are even available to assist you when you open an account. Лобановскийlenovo отзывыинтернет магазин продвижениеразработка сайтов санкт петербургконсульство австрии в украинеигрушка для ваннойсайт мейк ап украина

Whether you are new to binary options trading, or you have been trading for years now, you should know that there are many brokers out there who are promising you the world. While it is quite hard to differentiate the real-brokers from the scams, the best place to start is to look at the facts. …

Review Overview

Ease of Use - Competitive payout rates and easy-to-use trading tools - 95%
Welcome Bonus - Up to 100% Match Bonus - 100%
Minimum deposit - $200 - 95%
Minimum Trade - $25 and $5 on 60 Seconds - 90%
Trade Options - Binary Options, Option Builder, One Touch, 60 Seconds - 80%
Banking Options - Credit card, debit card and wire transfer - 75%
Trading Platform - SpotOption – No software download required - 100%
Customer Support - Live Chat, Email, Fax and Telephone - 90%
Educational Tools - Videos, eBook, daily and weekly market reviews and more - 95%
Languages - English, Arabic, French and German - 90%

91%

Summary : Now that you have been through this comprehensive GOptions review, can you see why this broker is considered to be a ‘Mean Machine’? Everything works like clock-work and all the services and features offered by this broker will help you to trade fast and to make some fast profits.

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