OptioNow Broker Review

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Optionow Review

Review

Based on a model of bringing honesty and integrity to the world of capital markets, OptioNow is a binary options platform dedicated to providing a positive experience for all of its clients. We’ve tested the platform and services of OptioNow and recorded our findings in the OptioNow review below so that you can determine whether this is the right binary options broker for you.

OptioNow Trading Platform

The OptioNow trading platform closely resembles most other binary options trading platforms, and a preview is available directly on the company’s homepage. We were pleased to see that OptioNow does provide $10,000 demo accounts for their binary options trading platform, something which is largely lacking amongst its competitors.

The trading platform can be arranged according to the asset being traded (currencies, commodities, stocks or indices), and it clearly notes the potential return and the expiry time so that there is no confusion. Standard plus and minus buttons are used to make the trade.

Traders can also choose between High/Low trading, One Touch trading and Boundary trading within the OptioNow platform. Traders who have seen other binary options platforms previously should have no trouble executing their trades with OptioNow, while those who are entirely new to the industry may want to read the company’s short trading tutorial before placing a live trade.

Features

One of the things we noticed and appreciated the most about OptioNow is their helpful FAQ section which answers questions from how to deposit and withdraw to how to trade, to how to deal with technical problems. Most of the information we were seeking was directly available which was quite refreshing. What was lacking, however, were the video tutorials and advanced trading guides offered by many of the top binary options trading services. Nevertheless, these things won’t hamper the trading experience for experienced binary options traders.

Customer Service

OptioNow customer support is available via phone to a Turkish phone number only, via email and via live chat. The company claims that their support is available 24/5.
A wide list of tradable assets makes OptioNow a good choice for traders who like diversity. Among the available assets are 14 currency pairs including mostly standard pairs as well as EUR/TRY and USD/TRY. Five indices are available (DAX, CAC, IBEX, FTSE, Nasdaq), and 6 stocks may be traded (Apple, Google, Coca-Cola, JPM, CITI and MSFT). As for commodities, only Gold, Silver and WTI are available.

Ease of Use

As mentioned previously in this OptioNow review, the company’s trading platform is relatively straightforward and easy to use. We did have some trouble finding the minimum and maximum amounts per trade, and we experienced some redirects when trying to open an account. On the other hand, we did appreciate that withdrawals must be done via the same channel that was used for deposit, which is a welcome security feature (in the event that this is not possible, money can be withdrawn only to a bank account with the trader’s name on it which is also comforting). Overall, we were satisfied with the ease at which we could maneuver the OptioNow platform, though we hope to see more informative directions to help newcomers in the future.

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  • Binarium
    Binarium

    Best Binary Options Broker 2020!
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    Free Demo Account!
    Free Trading Education!
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  • Binomo
    Binomo

    Good Choice For Experienced Traders! 2nd place in the ranking!

Final Thoughts

In the fast-paced world of binary options trading, OptioNow offers a reliable binary options platform, ample tradable assets and more than sufficient trading styles to meet the needs of all different types of traders. Due to a lack of background information which we discovered during our OptioNow review, we’d recommend this platform more for experienced traders than beginners who may need a bit more information.

OptioNow Broker Review

We are blacklisting this broker for failing to uphold agreements to their partners. We do not think they are a safe place to deposit and trade with.

Try trading with HighLow instead.

Conclusion:

We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!

Between 74-89 % of retail investor accounts lose money when trading CFDs

OptioNOW Special features

The company if extremely focused on education of the traders believing this is the best way to support their success. This is why the account packages include a lot of training sessions and webinars, along with the personal approach to trading support. There are five account types offered.

Optionow Bronze account requires $400-$1,000 investment and includes:

  • 2 webinars and an introduction,
  • 25% of daily signals,
  • An account manager.

Optionow Silver account starts with $1000 – $5,000 investment and includes:

  • 4 webinars and basic training,
  • half of the day’s signals,
  • Personal account manager.

Optionow Gold account ($5,000 – $10,000) includes

  • 6 webinars and advanced training,
  • 75% of daily signals,
  • senior account manager,
  • 2 risk free trades up to $100.

Optionow Platinum account requires $10,000 to $100,000 deposit and includes:

  • 9 webinars and full training,
  • full signals,
  • senior account manager,
  • 4 risk free trades as cash up to $250,
  • Priority access to senior brokers.

Optionow Elite account id for deposits bigger than $100.000:

  • 9 Webinars,
  • personal financial expert,
  • unlimited signals + alerts,
  • senior account manager,
  • sessions with a senior analyst,
  • 4 risk free trades u to $500,
  • priority access to senior brokers.

The company sometimes offers Tangible gifts and Bonuses. The policy for the turnover required amount is $40,000 for $500 -$1000 gifts and $60,000 for bigger gifts. If the gift is up to $500, the turnover requirement is $20,000.

Bonuses can be over 25% and require a 30x turnover for the bonus amount before withdrawing the bonus money. We find Optionow products as more focused to premium investors as the premium accounts will find better service more suited for the finance professionals.

Try trading with an award-winning broker like IQ Option

Between 74-89 % of retail investor accounts lose money when trading CFDs

Become an IQ Option trader today

Join IQ Option and become a trading master! IQ Option is a world-famous regulated broker that takes your trading to the next level. It allows you to trade forex, crypto, stocks, options and much more on its award-winning platform. The best part? You can start trading with a minimum deposit of ONLY $10! Read our IQ Option review.

OptioNOW Trading software

The OptioNow trading platform is run from the browser. The technical requirements are mainly based on the latest version of Flash to support the trading window. Software is fairly standard easy to use binary options technical solution that offers several trading modes.

The high/low option is well known, but OptioNow also enables traders to trade in very short expiry mode (60 seconds) and much longer expiries (Long Term). There is also the OneTouch option with extraordinary returns or pairs for traders preferring sectoral and individual insights to run their trades.

It is possible to go into maximum $1000 investment on all simultaneous trades. We also liked the fact they add the traders choice indicator. It helps users reach decision by gauging the sentiment of other traders. It is also possible to exit trades prior to expiry time. Another great feature is the multi-view pad, on the upper right corner, where users can switch between different window modes.

Overall our OptioNow review shows the trading platform works well. We found the website a bit opaque in sense that information were not clear or one couldn’t find them at all. We guess it will be covered through the work of a personal account manager. One of the information we couldn’t find was the asset index and we consider it a major let down.

If you want to trade with an award-winning licensed broker, we recommended using IQ Option

Between 74-89 % of retail investor accounts lose money when trading CFDs

OptioNOW Support information

As indicated, the OptioNow support is likely to be centered around the contacts with the account managers. However there is also email contact and a phone contact. The addition of the Skype function would improve much on the customer support area. Live chat is available but not directly seen on the website, which we found weird in our OptioNow review.

Try trading with an award-winning broker like IQ Option

Between 74-89 % of retail investor accounts lose money when trading CFDs

Master the markets with IQ Option

  • Get a FREE $10,000 demo account
  • Start trading with only $10
  • Invest with a licensed and regulated broker

With IQ Option, you will be trading with an award-winning broker recognised and praised by industry experts. Get your IQ Option account today!

Between 74-89 % of retail investor accounts lose money when trading CFDs

OptioNOW Payment Methods

Banking with OptionNow is secure and reliable. The company relies mostly on credit cards and bank wire transfers to handle the deposits and withdrawal. A verification is required. It consists of sending scanned documents that include a photo ID, government issued, a residency identifying document (not older than 3 months) and a copy of the credit card in case this was the deposit service of choice for the customer.

Withdrawals require a $35 fee which is a pretty high amount when one compares it to the other brokers. The processing time is also very unfavorable, up to 10 business days, depending on the paperwork requirements.

The company behind the OptionNow brand is the EQ Sky Capital Services Ltd, registered on Gibraltar.

Conclusion:

We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!

  • FREE $10,000 demo account
  • Award-winning trading platform
  • Licensed and regulated broker
Between 74-89 % of retail investor accounts lose money when trading CFDs

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Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Demo Account!
    Free Trading Education!
    Get Your Sign-Up Bonus Now!

  • Binomo
    Binomo

    Good Choice For Experienced Traders! 2nd place in the ranking!

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