Power Option Broker Review

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Power Option

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Power Option Archive Review

Broker PowerOption
Website URL http://www.poweroption.com
Headquarters Seychelles
Support Types Email, Telephone, Live Chat
Languages Arabic, Chinese, English, French, German, Italian, Portuguese and Russian
Trading Platform MarketPulse Trading Platform
Minimum 1st Deposit $100/ €100
Minimum Account Size $100/ €100
Minimum Trade Amount $10
Bonus 50% to 100%
Regulation CySEC
Deposit Methods VISA , MasterCard ,Skrill , PayPal, Wire Transfer
Trading Methods Classic High/Low Options, Touch Options, 60 Second Options, Range Options, Options on Demand
Number of Assets 38
Option Types Currency , Commodities , Indices , Stock
Overall Score 98/100

Intro

Established recently in late 2020, most traders would hesitate to sign up with a brand new binary options broker. However, you’ll find that with PowerOption, the same reluctance is not there as traders are confident with this broker. Why is this? Well, it’s largely due to the fact that PowerOption is part of the long established forex broker, the Ava Group. Now, if you’ve ever traded forex in your life, it’s almost certain you will have heard of AVA. The parent company, AvaTrade has been around since 2006 and currently turn over around $60 billion worth of transactions every month as a forex broker. So knowing PowerOption is backed by such a strong group gives traders the confidence to trade with them. The lack of operational track record on PowerOption’s part no longer becomes a concern for traders.

Target Market & Customer Support

With the bulk of their clients coming from the Middle East, Asia, Africa, Oceania and North America, customer support is available in 7 major languages such as:

Access to customer support is by means of email, live chat and the telephone. Traders shouldn’t have any difficulties contacting the support team as the support service is available 24 hours a day from Sunday to Friday.

Trading Platform & Features

Rather than relying on generic binary trading platforms such as those provided by SpotOption, PowerOption has resorted to MarketsPulse to provide then with a more appealing trading platform. Apart from being extremely user friendly, one of the key attractions of the MarketsPulse trading platform is the ability for traders to trade directly from the charts provided. Traders will notice the additional arrows (one for Put option and one for Call option) next to the current market price. Trading support for mobile traders is also available with the mobile trading app easily downloaded from Google Play or Apple Store.

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Markets Coverage

PowerOption’s asset list consists of 38 different types of underlying assets. Although they might not have the widest range, considering traders can trade them with 5 different types of trading contracts such as Classic High/Low options, Touch options, 60 Second options, Range options and Options on Demand, the list is more than adequate.

Currencies Commodities Indices Stocks
AUD/JPYAUD/USDEUR/AUDEUR/GBPEUR/JPYEUR/USDGBP/JPYGBP/USD

USD/ZAR

CoffeeCornCrude OilGoldSilver AEXCAC40DAXDJIAKuwait-IndexNASDAQNIKKEIS&P 500

AmazonAppleBarclaysBPCarrefourCoca ColaDeutsche BankFacebook

Trading Accounts

At PowerOption, all traders are regarded as VIP traders and hence there is no trading account differentiation. There is only one type of trading account and traders are required to make a minimum deposit of $100 or €100 (depending on the account currency base) when opening one.

Payouts & Bonuses

In general, PowerOption pays their traders up 85% returns for normal binaries. For One touch options, the returns can be higher reaching up 500%. Unfortunately, there is no rebate for out of the money trades. However, PowerOption did announce that rebates will be made available soon.

As the bonuses offered by PowerOption, they are based on a ladder format with the lowest rung starting at 50% (up to $299 in deposits) going up to a maximum of 100% (above $500 in deposits).

Reliability

While PowerOption may be a newly established broker, they follow the same standard of security protocols as those in AvaTrade. This means traders do not have to worry about the safety of their funds as these people uses only the most advanced security provisions in protecting their clients’ money.

Conclusion

Given the low minimum deposit requirement imposed and the single type of trading account offered by PowerOption, one can tell that this broker offer benefits which are conducive to beginner traders. And while they might be based in the Seychelles, traders need not be overly concerned about that fact. The main thing is to remember that PowerOption is part the AvaTrade group and a legitimate brokerage firm with good standing in the industry.

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THE POWER BROKER

ROBERT MOSES AND THE FALL OF NEW YORK

by Robert A. Caro ‧ RELEASE DATE: Sept. 16, 1974

At the height of his power Robert Moses was emperor of nearly all New York State public works—bridges, highways, housing, parks, electrical power, the World’s Fair and the United Nations—without ever holding elected office. In his chairmanship of twelve agencies from 1924 to 1968, Moses spent at least 27 billion dollars with immense inefficiency, utter disregard for opponents and maximum reward for friendly banks, contractors and political allies. Caro richly documents his arrogance and vindictiveness, exemplified by his penchant for bulldozing unrelocated residents’ homes. At the same time, Caro’s fascination with Moses, a prerequisite for writing this 1296-page biography, produces a Last Hurrah undertone right up to Moses’ old age: “forgotten to live out his years in bitterness and rage.” Moses reached power in a decade when Mussolini’s corporatism was praised by such venerable sources as the AFL and the New Republic; and along with his mammoth public spending and chronic lying, Moses replicated tire Fascists’ disregard for legality and due process, in a drive for complete personal command. Caro tends to treat Moses’ history too personally, without explaining that Moses’ World War I civil service reform “idealism” and his later push for highways, conservation and public works expansion reflected general leitmotifs of those political periods. The book views Nelson Rockefeller’s 1968 ouster of Moses as a clash of temperaments, for example, without asking whether the Governor’s transportation and urban redevelopment reorganization schemes might not have required a new, equally ruthless but lower-profiled species of administrator. However, Caro’s tremendous, artfully compiled detail, based on dozens of interviews and exhaustive source-hunting, ensure that The Power Broker will be acclaimed as the definitive monument to Moses, as well as a key study of the web of political figures connected with, and against, Moses’ career.

Pub Date: Sept. 16, 1974

Page Count: 1352

Review Posted Online: Oct. 10, 2020

Kirkus Reviews Issue: Sept. 1, 1974

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More by Robert A. Caro

More About This Book

Doyle offers another lucid, inspiring chronicle of female empowerment and the rewards of self-awareness and renewal.

New York Times Bestseller

UNTAMED

by Glennon Doyle ‧ RELEASE DATE: March 10, 2020

More life reflections from the bestselling author on themes of societal captivity and the catharsis of personal freedom.

In her third book, Doyle (Love Warrior, 2020, etc.) begins with a life-changing event. “Four years ago,” she writes, “married to the father of my three children, I fell in love with a woman.” That woman, Abby Wambach, would become her wife. Emblematically arranged into three sections—“Caged,” “Keys,” “Freedom”—the narrative offers, among other elements, vignettes about the soulful author’s girlhood, when she was bulimic and felt like a zoo animal, a “caged girl made for wide-open skies.” She followed the path that seemed right and appropriate based on her Catholic upbringing and adolescent conditioning. After a downward spiral into “drinking, drugging, and purging,” Doyle found sobriety and the authentic self she’d been suppressing. Still, there was trouble: Straining an already troubled marriage was her husband’s infidelity, which eventually led to life-altering choices and the discovery of a love she’d never experienced before. Throughout the book, Doyle remains open and candid, whether she’s admitting to rigging a high school homecoming court election or denouncing the doting perfectionism of “cream cheese parenting,” which is about “giving your children the best of everything.” The author’s fears and concerns are often mirrored by real-world issues: gender roles and bias, white privilege, racism, and religion-fueled homophobia and hypocrisy. Some stories merely skim the surface of larger issues, but Doyle revisits them in later sections and digs deeper, using friends and familial references to personify their impact on her life, both past and present. Shorter pieces, some only a page in length, manage to effectively translate an emotional gut punch, as when Doyle’s therapist called her blooming extramarital lesbian love a “dangerous distraction.” Ultimately, the narrative is an in-depth look at a courageous woman eager to share the wealth of her experiences by embracing vulnerability and reclaiming her inner strength and resiliency.

Doyle offers another lucid, inspiring chronicle of female empowerment and the rewards of self-awareness and renewal.

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