OptionWeb Review

OptionWeb is an exclusive binary options broker owned by Lionsman Capital Markets and regulated by Cyprus Securities and Exchange Commission (CySEC). It’s the first and long-standing regulated, high quality company offering consistent service to its clients.

optionweb

The company is authorized to operate in more than 30 European countries and holds licenses with UK’s Financial Conduct Authority (FCA), as well as French Authority of Prudential Supervision (ACP) and CONSOB in Italy. It has shown true quality and transparency staying under a strict regulation while many other broker companies decided to move.

OptionWeb offers a wide range of services and resources, as well as highly competent customer support providing genuine personalized service. The company thus offers a top notch trading experience, being safe and very secure.

Pros

  • Tradition and strict regulation,
  • Large variety of options,
  • Running a web browser platform and supporting mobile trading,
  • User-oriented and easy to use
  • Webinars, interactive school, and extensive video library,
  • High returns and promotions,
  • Trading contests with prize pools.

Cons

  • Not serving US customers
  • A demo account comes with a minimum deposit of at least €1,000

Account Types

OptionWeb offers six different account types to suit any trader: Starter, Standard, Silver, Gold, Platinum, and Diamond. All account types except for Starter provide a demo account to practice with.

  • Starter Account

Depositing at least €200, you get access to a Starter account and 80 assets with it. It allows you to trade cautiously while learning with up to 83% yield, great customer support with up to 4h of Live Chat a week, and withdrawal period of up to five business days.

  • Standard Account

Standard accounts require deposits at least €1,000, and are great for traders already having some basic skills and ready to upgrade them. It offers a demo account, 2 coaching sessions a month, as well as weekly analyses.

  • Silver Account

Silver account requires a deposit of at least €3000, and provides 3.5% monthly interest rate, 180 different assets as well as trading signals, e-mail alerts and personalized training with one coaching session a week.

  • Gold Account

Gold account starts with €10,000 deposits, and offers additional assets on demand and a 5.2% monthly interest rate as well as analyses reviews, performance reports ,and personalized training with up to 2 coaching sessions a week.

  • Platinum Account

A €50,000 deposit grants you VIP Platinum account, with a 5.5% monthly interest rate on generated volume with analysis and personalized training on request, as well as a direct line to an accredited Senior Analyst. The account brings in up to 90% yield as well as 24-hour withdrawals.

  • Diamond Account

With €250,000 in deposits, OptionWeb offers a VIP Diamond account, with terms you can only get from an account manager.

OptionWeb Trading Software

The OptionWeb Trading platform is a variant of a well-known SpotOption – Gen 2. It offers the known features, improved with some possibilities unique to 24Option. The interface is very smooth and user-friendly, where one click takes you everywhere you need to go within the platform.

The platform is browser-run and you don’t need to download it. However, OptionWeb mobile trading applications are also available so that you can access the platform wherever you have an Internet connection.

The trading software is unique with several distinctive features such as Double Up, Buy Me Out, and Roll Forward, offering unique risk management to OptionWeb clients. It looks and runs smooth, offering ease of use and no major distractions.

Banking and Bonuses

Banking with OptionWeb is easy and clients can deposit and withdraw using wire transfers, credit cards such as MasterCard, Dinners Club, and Visa, as well as e-wallets like Skrill. The customer deposits are safe, being segregated from the company operating accounts as regulated by CySEC.

Withdrawal is an easy process too, with up to 5 business days wait period for starter and standard accounts, but only 24 hours for VIP accounts. Your account must be validated before you can withdraw money from it.

Bonuses

OptionWeb are known to have listed some amazing promotions, and they still offer great bonuses especially with bigger deposits. However, those are often not disclosed and you would, of course, always want to check the current promotions with the broker customer support as these are subject to change.

Customer Support

OptionWeb offers a great FAQ section as well as other materials and services such as Basics, economic calendar, analysis and charting tools. Whatever questions you have,OptionWeb customer support offers great service, dedicating great personal attention and showing competence and knowledge.

They are available via Live Chat, telephone line to one of their many satellite offices, and e-mail channels. Also, almost all account types come with an account manager to address any issues you might have.

OptionWeb Summary:

OptionWeb offers cutting-edge services and the company is one of the leading binary brokers. It offers profitable and enjoyable trading experience, with highly educated and well-trained staff to help with any issues traders might have. The company is indeed setting benchmarks with their high-quality service, user-friendly platform, as well as educational materials and interactive coaching.

The company is the first binary option broker to be regulated and they continue to operate under CySEC as well as other major European regulatory bodies in the UK, Italy, and France. While other brokers were more careful and refused the more aggressive regulation, OptionWeb welcomed it, which further shows the business consistency and transparency.

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