CTOption Review

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Overview

CTOption is one of the leaders in binary options trading brokers. With this broker you will gain the opportunity to make huge profits – you can make a profit on several types of options. You can trade binary options on forex, stocks, commodities, indices and more.

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Details

Broker CTOption
Website URL www.ctoption.com
Founded 2012
Headquarters UK
Support Number +44 (203) 519 2322
Support Types support@ctoption.com
Languages English,Italian,Franch
Trading Platform CToption
Minimum 1st Deposit $200
Minimum Trade Amount $5
Maximum Trade Amount $500
Free Demo Account Yes
Account Types Mini, Standard, Executive, Gold, Platinum
Deposit Methods Bank wire, credit/debit card, Liberty Reserve, Moneybookers, Western Union
Withdrawal Methods Bank wire, credit/debit card, Liberty Reserve, Moneybookers, Western Union
Types of Assets Forex, Commodities, Stocks, Indices
Option Types High or low option, One touch
US Traders Allowed Yes
Overall Score 3.6

Screenshots

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CTOption History and Background

Upon visiting the CTOption.com website you will be initially greeted with a short message embodying their corporate motto that is Binary Options Made Simple. Then if you go to the About US section of the site you will find a welcome message by the firm’s CEO in the form of a introductory letter featuring his name, which is a definite rarity when it comes to the brokerage market where in most cases anonymity is above all. CTOption is among the large number of companies that joined the industry back in 2013 and according to all user reviews around the web, is doing a pretty good job of it. The company operates on a global basis and is responsible for providing its services to clients spread around more than 90 countries and if it can achieve this in merely two years then the future surely holds even greener pastures.

CTOption has offices in Kingstown, Saint Vincent and The Grenadines and also has a London-based office. The company accepts U.S. clients and prides on being able to distinguish itself from all other brokers with its trading platform and its Replicator service, which is an innovative new way of easing social trading. The platform itself is a proprietary version that is provided by the popular software developer that is Panda TS. At first it might appear similar to the Tradologic or SpotOption but in a more careful inside look you will discover the option of linking up with positions and features in an interesting innovative and personalized way. The Replicator will allow you to follow the top ten active traders or any single trader you decide is worth following with a mere touch – you can do this either on a manual or automated basis.

CTOption enables you to deposit funds to your account by using almost all local payment methods, such as credit cards or bank wire transfers. A withdrawal is processed in 24 hours and the first request you make is free of charge. The company has chosen the most popular assets, with over five dozen items, including stocks, forex pairs, indices and commodities. Payoffs regarding traditional One-Touch, Call/Put, Range and Hyper options account for an average of 80% or more, with some reaching a 91% mark. Selected assets come along with 5% rebates. You are provided with three separate account classifications, each of which comes with a free demo account and a greater number of benefits according to the account type. You can also choose an Islamic account. The website will provide you with a number of educational materials, tutorials and trading tools. The platform’s customer service department is at your disposal 24/7.

Features

CTOption was founded back in 2013 by a group of financial professionals with a great deal of expertise in the field. Its headquarters are in Kingstown, Saint Vincent and the Grenadines with an additional office in London. The company’s client base is spread all over the world in more than 90 countries. Currently the firm accepts customers from the U.S. It provides a wide array of asset selections, the number of which exceeds 60 and features indices, currency pairs, stocks and commodities. Payoff ratios go from 60% and reach 91%, along with a 5% rebate on some particular items. The trading platform is exceptionally user-friendly with an intuitive design. The firm’s Replicator service makes it possible for one to track given traders on an automatic or manual basis. There are a number of education tutorials for both beginners and more advanced traders – going from Entry, Intermediate all the way up to Premium classes. Customer service is 24/7 and can be contacted via e-mail, live chat and phone. There is a maximum Welcome Bonus of 30%

Accounts

The minimum amount of funds you can deposit into your account is 250 USD, GBP or EUR. There are three types of accounts with benefits corresponding to the range of the required deposit:
– Mini – from 250 to 499
– Standard – from 500 to 999
– Executive – from 1,000 to 9,999

There is also a Free Demo account available for testing the waters and an Islamic Account. All client deposits are subjected to segregation from the company’s operating capital.

Transactions

For putting funds into your account, CTOption accepts the use of major credit and debit cards as well as banking wire transfers but what really stands out is the extensive list of alternative payment methods made available for users by the company. The list features Sporopay, Ideal, Nordea Nettbank, MisterCash, LaCaixa Linea Abierta, Boleto, EuTeller, BPay, Boleto, WebMoney, UnappliedTx, eKonto, Gluepay, Banklink, Sofort, Moneybookers, GinoPay, EPS, Przelewy24, Abaqoos, Ewire, UseMyServices, Multibanco, Moneta, Santander, Fundsend, Instadebit, Dineromail, Teleingreso, CashU, Neosurf and Ukash among many others. Withdrawals are typically processed in a 24-hour time period if all internationally mandated personal ID materials are present. The first withdrawal is free of charge. Client deposits are held at DBS Bank Ltd., a Tier-1 bank in Singapore founded back in 1968. The CTOption billing and paying agents carries out their operations out of Hong Kong.

Platform

The trading platform provided by the firm is a personalized version of the one of Panda Trading System Ltd, which is a company focusing on software developing that has provided its services to the online financial trading market since 2006. It employs all of the latest technological developments you can ask for and is extremely easy to operate with. The firm also provides a mobile trading option for its customers.

Information

The company’s Education Academy comes along with a vast number of e-books, tutorials, videos and written materials that offer strategy development guidelines, basic binary option info and daily commentary on the market. For the purposes of going through a one-on-one training course, the company also provides you with a structured learning process that comes along in three different levels – Entry, Intermediate, and Premium – that are brought to you by a dedicated group of professional traders.

Support

The firm’s support department operates in a number of languages and is available 24/7. You can communicate with a company representative through live chat, e-mail or phone. The site may be read in a total of 8 different languages.

Safety

All customer deposits are kept safe and sound as they are subject to a segregation process in separate accounts at DBS Bank Ltd. as mentioned above. All trading-related data and personal information is encrypted via the use of the latest in the field of 128-bit SSL protocols.

Conclusion

In merely two years, CTOption has managed to unleash itself on the market in full force and has earned quite the reputation among binary option brokers, offering competitive payoff levels, unique features and an easy-to-use innovative platform. The Replicator service offered by the firm is reason enough for you to check it out. As the company CEO states, “CTOption was founded by a group of experienced professionals in a number of areas – ranging from the financial going through the trading and all the way up to the technology industry.” If you are searching for a young broker that puts in all it has and gets plenty of good reviews, opting in for CTOption is the choice you should make.

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