MagnumOptions Review, This broker was established in 2013 and going from strength to strength ever since. MagnumOptions is one of the most recently launched and highly promising binary options brokers on the market. With the view to help their clients to trade effectively, they are making themselves competitive to others. They had settled their business in binary options platform and their rapid rise to success is owed to their novel take on binary options trading.
MagnumOptions Review | Trading Platform
The most important thing in trading is the trading platform. It does not matter what the broker is offering, but the trading platform need to be very effective and result oriented. While reviewing their site, we have found that, the trading platform of MagnumOptions is very simple and user-friendly. This trading platform is very easy so that a newbie user can understand.
MagnumOptions Review | Assets
As a binary trading platform, the most striking characteristics of MagnumOptions is the variety of choices it offers to their clients. Its extensive selection of tradable assets including stocks, currencies, commodities and indices, provide investors with maximal choice in tailoring their trading experience. It is a platform which truly wants its traders to make as much profit as possible. However, by developing their asset base to appeal to a variety of areas of expertise, but their aim is to give all investors the opportunity to capitalize on their strengths.
Not only do traders have a variety of assets to trade with, but also they are offered numerous means of trading options. Each trader can choose a way to trade which best suits the funds available to them and the time they wish to invest in. Among the options available to choose from are Call/Put, 60 Second Trades and One Touch.
MagnumOptions Review | Payout Rate and Deposits
The payout rate of MagnumOptions is not so higher than other binary options brokers, but they are ensuring consistent payout rate up to 81%, which is also a good rate. The minimum deposit amount on this platform is $200 and the minimum investment on a particular trade is $5, which marks that MagnumOptions has made the opportunity to traders to start with small investments.
MagnumOptions Review | Trading Academy
When it comes to providing first class learning resources, you don’t need to look further than MagnumOptions. They are offering the most comprehensive collection of learning materials than any other trading platform. In fact, their Educational Academy caters for all levels of trading including sections for beginners and advanced investors.
Beginners benefit from an array of introductory courses to give them a firm grounding on the fundamentals of the market and how to start earning profits, which includes financial management and market analysis. However, advanced and in-depth courses are also available for more skilled investors in order to hone their trading skills and improve their ability to analyze the market and develop a trading strategy. MagnumOption’s exclusive eBook is a compendium of the information amassed by financial experts over years in the binary trading world with key insiders’ advice and insights.
MagnumOptions Review | Customer Service
MagnumOptions has a dedicated customer care team on standby 24/7 to immediately attend to its clients’ inquiries. Investors and traders need not wait hours for a response to their queries, wasting their precious time in which they could be making profits from trading. Instead of this, skilled staff are on hand to deliver a response instantly via whichever medium is most convenient, whether that be email, phone or live chat. This broker has also made available numerous toll free numbers in several countries including Canada, the United States and the UK, in order to allow their customers to receive the highest quality service free of charge.
MagnumOptions Review | The Good
MagnumOptions offers a variety of exclusive benefits unheard of among most other trading platforms which includes free trading accounts and a 10% return on unsuccessful trades made by traders. After thoroughly investigating this claim of a completely free account, it is great to announce that, it turned out to be everything it had promised to be – no costs, no charges and no strings attached.
With no additional fees or commissions, traders or investors have a genuinely good deal on their hands which is well worth taking full advantage of. However, one of the greatest advantages of MagnumOptions is its transparency. All of their clients know exactly where their funds are going and how much each call could potentially earn them, as well as the investment involved in trading, providing traders with the opportunity to make truly informed decisions.
MagnumOptions Review | The Bad
After researching about MagnumOptions, we have found that, some of their user had make complaint that, they are scam and they have made some losses also. But we find a huge amount of positive reviews also. And the complaint of being scam is quite negotiable compared to the positive reviews.
MagnumOptions Review | Conclusion
The primary aim of MagnumOptions has been to give its traders perks which is not available anywhere else on the market and to provide them the best value for their investments. With the greatest customer support, Magnum Options’ unwavering dedication to their traders’ interests is what sets it apart from all other binary brokers.