OptionTime Review

Overview

OptionTimePlatform Overview OptionTime is powered by the Keystone Platform,which offers full technical analysis integration with binary options trading. With Pro Master feature traders can do deeper analysis of chart by using RSI,MACD,… more

Details

Broker OptionTime
Website URL
Founded 2013
Headquarters Nicosia, Cyprus
Support Number +35725262111 Fax.: +35722030732
Support Types Chat, email, Phone
Languages English, Spanish, German, Italian, French
Trading Platform Keystone
Minimum 1st Deposit $200
Minimum Account Size $200
Minimum Trade Amount $10
Maximum Trade Amount $1000
Bonus Bonus
Payout Upto 84%
Free Demo Account No
Regulated Yes
Regulation CySEC,MfID,FSA
Deposit Methods Credit Cards, Moneybookers, Wire Transfer, Neteller, WebMoney
Withdrawal Methods Credit Cards, Moneybookers, Wire Transfer, Neteller, WebMoney
Number of Assets 180
Types of Assets Stocks,forex,indices,commodities
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score 4.6

Full Review

Short Summary

OptionTime is one of the highly rated,CIF licensed and fully EU regulated binary options broker ( CYSEC licenese number 092/028. regd office at Treppides Tower, 6th Floor Kafkasou 9, Aglantzia P.O.Box 26522 CY2112, Nicosia, Cyprus) equally, suitable for both newbies and professional traders. The OptionTime brand is fully owned by Safecap Investments (Owner same as TopOption and markets.com ) and they operate with full MiFiD and FCA compliance.

It is relatively new broker in the industry established in 2013. OptionTime has quickly captured the traders attention with its Keystone platform, with features those are not available on the Spotoption or Tradelogic powered brokers websites. In this OptionTime Review,we ll explore this broker in details.

We deposited $500(and got 100% bonus) and traded for a month to check platform,price feed,features, bonus and withdrawal speed. Our review is based on the test done over a month and scanning for complaints about the broker across multiple reputed sites. You are free to add your feedback in comment section.

Platform Overview

OptionTime is powered by the Keystone Platform,which offers full technical analysis integration with binary options trading. With Pro Master feature traders can do deeper analysis of chart by using RSI,MACD, Bollinger Bands and other popular indicators without the need of any 3rd party websites. If you are a beginner or a professional trader,who is currently not satisfied with current platform and want to upgrade your trading ,OptionTime is a good choice!

You will get access to over 180 trading instruments in Forex,Stocks,Indices and Commodities.

Minimum Trade and Deposit

Well,if you are wondering,what is more than Keystone platform and EU regulation,OptionTime allows you to trade as low as $10 per trade,$5 for 60 seconds trade ($25 for most brokers) and minimum deposit requirement is $200 . These features help new traders to get acquainted with binary trading and gain confidence,with very little overall risk as well as per trade risk. If you follow any advanced version high frequency multiple lot trading strategy,this broker may be more suitable than other high rated broker like 24Option.

OptionTime Demo

Optiontime does not offer free demo account anymore. You need to deposit min $200 to get unlimited access to demo account.

OptionTime Bonus

OptionTime now offers 50% bonus from only a $200 deposit and 100% bonus when the trading account is funded with at least $500. Please note that the exclusive bonus is limited to an amount of up to $ 2,500.

To obtain the special bonus from OptionTime, simply follow the further steps:
– Open a free account.
– Make the min deposit or amount you want to trade
– Contact the customer service or your account manager via chat, email or telephone asking for bonus
– Our bonus offer will be credited to your account in 24 working hours.

Customer service department may check if you signed up from from our site in order to be eligible for this promotion.

How to withdraw the Bonus

To prevent abuse of bonus offer, you can not withdraw the bonus outright.You have to meet the 20X of the bonus amount to be eligible for withdrawing the bonus.For example, to withdraw a $500 bonus that was offered to you after initial deposit of $500, you must have traded 20 times the amount of 500+500= $1000 ie total of $20000 from the volume of the transactions (regardless of the number, the selected products, and the size of the traded positions).

You can always withdraw the deposit amount (after adjusting for gain/loss) at any time even if you accept bonus without meeting wager condition but you have to forfeit the bonus.

Note that you can refuse the bonus simply by not requesting for the same. In case your account manager gives you,you can ask him to deduct via email or chat.

Protection Against Fraud and Withdrawals 

As a fully EU regulated broker (CySEC-092/028), all traders are insured up to €20,000 by Cypriot investor compensation fund in case OptionTime goes insolvent. As per mandatory regulatory requirements, all clients funds are segregated in a thired party financial institution (Clearing company). This provides the much needed protection against getting scammed by brokers. The withdrawal procedure is similar to other brokers. Traders are required to provide identifications to confirm the identity before first withdrawal. Credit card withdrawal processing takes 24-48 hours and bank wires are processed within 5 business days.

OptionTime Special Features,supported languages highlights 

  • Advanced charting- Keystone Platform.
  • Pro Master-Technical Analysis with Indicators.
  • Short-Term Trading for 60 seconds, 90 seconds,120 seconds and upto 60 minutes.
  • Asset list of 180 forex, stocks,commodities, and indices.
  • Special features : One Touch and Speed Trading, Rollover and Buy Me Out, .
  • Available in all countries excluding Canada, United States, Cyprus, Morocco and Israel.
  • Supported Languages: English, Spanish, French, German, Italian.

Types of Accounts

OptionTime offers a choice of 3 different types of trading accounts:

  • Premium ($200 Minimum Deposit)
  • Royal ($1000 Minimum Deposit)
  • Exclusive ($5000 Minimum Deposit)

Payout Ratios

OptionTime pays out up to 80% for normal trading.“One Touch” options has payouts upto 500% .

OptionTime Final Words

We deposited $500 and traded with them for a month to test their platform. I requested for withdrawal on a Thursday and got the money back credited on next Wednesday and the operation was smooth. No pesky calls asking for reasons. The relationship manager did call me back but when I explained that I no longer want to trade,he did not call me back again. I liked the withdrawal process very much given how some brokers’ salesperson keep pushing you.

Though, a relatively new player,it has green signals for all the requirements from a broker and has been highly rated across the leading forex and binary sites. The Trustworthy broker ,full compliance with regulatory authorities. OptionTime is a good choice for traders who want 100% bonus for low deposit of $500 or want to start trading with low deposit of $200.

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