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Trading Socially with CTOption’s Binary Replicator system, which offers an analysis of how a trade is performing and offers a wide array of configures and complete monitoring online , a trader can follow the best traders. Traders can allocate with ease any key trader they want to follow whereas via a couple of clicks, they can follow all trades all the time and in any place. The Replicator is the broker’s social trading program and it includes a list of traders their win rates. To see the list of followers, one must be a logged-in account holder. The Executive account requires a deposit of $5000 and in addition to all the above, traders with this account receive a cashback of 20% and trading signals 24/6.
CTOption features four binary option types – High/Low, OneTouch, Boundary and 60 seconds. CToption also offers a 24hour withdrawal processing, which is one of the fastest. To make a withdrawal, traders must submit a funds withdrawal request. Their first withdrawal requires a compliance documentation. You can contact CTOption through live chat, telephone, email, or paper mail. Reaching out through live chat is something I always do when I am investigating a broker to write a review.
Rapid Customer Responses
Additional tools and a personal daily trading signal for a month are also included. Mini ($250 -$499 deposit), in addition to the fast withdrawal processing, adds a welcome bonus and weekly market news. CTOption.com is fully licensed and regulated in the UK by the Financial Conduct Authority (FCA), and it fully complies with all essential EU measures and regulatory framework. Clients’ funds are kept safe in separate bank accounts with a very prestigious bank (DBS Bank Ltd), and generally everything about CTOptions and conducting transactions with them is safe from all perspectives. This innovative use of Social Trading is a “Win-Win” for all parties. New users gain confidence and learn the tricks-of-the-trade while advanced traders and experts don’t get bored and even have the chance to gain a little notoriety and fame.
Banking & Company Information
They also offer an 24 hours withdrawal guarantee for users using appropriate banking service. CTOption has a large choice of options that cover all significant assets such as Stocks, CFD and OTC. The Refer-a-Friend promotion, which was the only additional promo being offered at the time of this review, offers traders generous bonuses of $750 and more for bringing in new traders who open accounts and deposit funds. Most other brokers offer bonuses of $5 or $10 for each new client so this is indeed an exceptional promotion.
CTOption uses an unfamiliar binary options platform called PandaTS. To be fair, it is a visually appealing platform which appears easy to use. There are 64 assets you can trade (the way the asset index is organized, however, you would think there are far more than that). Types of options include High/Low, One Touch, Range, and “Hyper.” Hyper trades are simply fast trades ranging from 30 seconds to 10 minutes.
After the program users should find it easy to use the provided tools and integrate them into their trading strategies. This great coaching program will enable CTOption’s clients become pro traders who can earn money from binary options trading. The welcome bonus is typically up to 100%, but for Executive type accounts it can be negotiated higher and clients need to discuss this with their account managers in greater detail. Continuous trading advice means that these clients are much less likely to make bad trades or enter the market at the wrong time, and can also trade much more. The final result is a sustained profitability which can provide a substantial monthly or annual income to these clients. All of these problems are why I advise anyone thinking of trading binary options to stay away from this broker.
There is also a page with an economic calendar, which comes in handy when trading news and reports that move the markets. Log in on your mobile and save the app to your home screen for market access at the touch of a button. Unlike knock-outs, call spreads keep you in the trade, wherever the market goes.
Information on FairForexBrokers.com should not be seen as a recommendation to trade CFDs or cryptocurrencies or to be considered as investment advice. FairForexBrokers.com is not licensed nor authorised to provide advice on investing and related matters. This website is independent of of all forex, crypto and binary brokers featured on it. Before trading with any of the brokers, potential clients should ensure they understand the risks and verify that the broker is licensed. Deposits can be made using credit cards such as Visa, Delta, MasterCard, Diners, Visa Electron, Maestro, Maestro UK (Switch) and Solo.
CT Option
Other educational resources include video tutorials, a glossary, a frequently asked questions page, and basic how-to pages. There are also apparently “extra tools,” but they do not state what these are. This nebulous language brings me back around to the deficiencies of the site and the company that operates it. They also include the newest investment class and the crypto currency – bitcoin. We liked the fact that the asset index page shows all the assets for each binary option type, along with other important information (expiries, trading time). Paddington is the holding company for CT Option, with Panda Trading Systems running the trading platform software.
Demo trading account features
The platform supports many languages and it has helped the company gain clients in over 100 countries. It offers full demo 24 hour access to its Binary Replicator trading tool where new traders and potential clients can test their judgement in following other successful traders and copying their trades. This feature alone makes CTOption’s trading platform stand out and attract even beginners blackbull markets review seeking direction and guidance in the markets. But the company also offers strong educational support, personal trading coaching, and even real trading signals. All this can be implemented through the trading platform which is also offered on smartphones such as Android, and iPhone will also be available soon. Promotions include special education packages that aim to introduce users to all important aspects of binary options trading.
- Under “Promotions,” they list additional benefits at different account tiers.
- Mobile trading using Apple or Android devices is enabled for trading on the go.
- Log in on your mobile and save the app to your home screen for market access at the touch of a button.
- Reviewers continually use the word “exceptional” for the CT Options Broker.
With a minimum deposit of $250, a Mini account can be opened. It comes with a welcome bonus, 24/7 customer support and a trial account for the CTOption Replicator Pro social trading service. CTOption also boasts a number of other attractive features including Binary Replicator (a form of copy trading). Under “Promotions,” they list additional benefits at different account tiers. These include one-on-one coaching sessions and trading signals.
In case the potential client does not understand the risks involved, he/she should seek advice or consultation from an independent advisor. If the potential client still does not understand the risks involved in trading in any financial instruments, he/she should not trade at all. 30 EUR/GBP/USD fee will be leveraged in case there are more withdrawals. Withdrawing is done by the same method as one deposited unless profits are withdrawn. The range and types of options – CTOptions has a large choice of options that cover all significant assets such as Stocks, CFD and OTC. Any option can be accessed at different periods and types, with the end result being a larger range of choices that will be sufficient for all trading strategies and traders.
Next, I asked “Timothy” if the site offers double up and rollover. Another reviewer for CTOption mentioned early close, but there was no information on double up or rollover. If you are at all familiar with binary options, then you should know what all three of these tools are. They are the most common binary options tools offered by brokers, almost all of whom offer at least one of the three, if not all three. The website does not provide investment services or personal recommendations to clients to trade any financial instrument.
We have blacklisted this broker after we found out about the so called “5% rule” that has potential to block customer’s funds at broker’s discretion. It is our duty to warn clients about possible inability to withdraw their funds for no rational reason. They have also offered to remove it for customers coming from our website. We have declined unless the rule is lifted for all traders.
