TopOption review tells you the company history and description of its services.
TopOption is a great binary options broker that is powered by Markets.com, an established forex broker. Because of this, clients of TopOption get to enjoy premier support and wide selection of available payment methods. Is TopOption right for you? Read our Honest TopOption review and find out!
Min. Deposit: $100 Demo: With Deposit
Platform: KeyStone Bonus: 100% & 50%
Regulation: CySEC US Clients: NoSign up with 24option instead
TopOption review: About the Company
TopOption brand was established in 2012.
The brand is powered by Markets.com, a forex broker that has been active for years. Unlike many binary brokers that just appeared out of nowhere, TopOption has a solid base in terms of the staff experience, payment systems and amazing customer support. Regardless of having solid base, this broker is a scam now and we would not advise you to trade with it.
Headquartered in Limassol, Cyprus, TopOption serves the clients from all over the world, except of the following countries: Canada, Hong Kong, Israel, USA and Japan. As TopOption is a CySEC regulated company, it simply unable to open account for the residents of the aforementioned countries.
TopOption roots are coming from SafeCap Investments Ltd, a company behind such brands as Finexo, Trade.com, Markets.com, ForexYard and TopOption and more.
The review conducted shows that the company is trusted and properly managed. On top of this, you get to enjoy amazing bonus offers, accounts segregation and exceptional customer support.
This scam broker lets the traders choose one out of three accounts – Start, Pro and VIP. Binary Options Hub TopOption reviews shows a comparison table of the accounts below and explains their benefits right after the table.
As usual, the accounts vary depending on the deposit level. Start Account with TopOption is designed for the beginners, so you can start trading binaries by making a deposit from 100 USD. This accounts lets you access all of the trading platforms and also some training materials. Besides that, you will be provided with an introductory 1 on 1 training, so you can master the basics of binary options trading. TopOption review shows that you can currently get deposit bonuses, on Start Account the bonus cannot exceed 250 USD.
Pro Account is not so much different from the Start. You can obtain this account with a deposit from 1,000 USD and your bonus cannot be more than 500 USD. This doesn’t sound like the best bonus deal, as your bonus cannot exceed 50%, while it can be 100% on the Start Account. Next to the bonus you receive a larger amount of educational materials and also 3 hours of 1 on 1 support.
VIP Accounts are designed for the large traders. The account starts with a deposit of 5,000 USD or more and the maximum bonus that you can get is 2,500 USD. You also get an unlimited amount of 1 on 1 tutorials. On top of it, you get premier support and assistance, anytime. TopOption will also supply you with the analytical reports and SMS trading signals.
Binary Options Hub recommends you to
choose between Start and VIP accounts, depending on the amount of funds you are looking to deposit. VIP accounts are a great choice of novice traders that are looking into gaining a substantial experience and coaching. Start accounts are quite accessible, as the minimum deposit is only 100 USD, while the average minimum deposit with other brokers is 250 USD. stay away from this broker and trade only with reliable brokers.
Also TopOption lets you open an account in a few currencies: USD, EUR, PLN, GBP, CAD, JPY and AUD.
TopOption Trading Conditions
Only Top-Notch services were found during our review. This broker let’s you accessing five different types of options:
With this type of an option you simply need to determine the direction of the asset move. This could either be UP (call) or DOWN (put) and if you are able to guess the direction correctly, you will nearly double your betting amount.
- Touch / No Touch
This type of an option is a little bit different from a classic option. Not only you need to determine the direction of the asset, but you should also forecast whether it will touch or won’t touch a certain level. In other words, you are not betting on EUR/USD to go down, but you are rather betting that EUR/USD will go down till at least 1.1510. With this options you can generate substantial payouts.
- One Touch
Similar to Touch / No Touch, One Touch options are also designed for the predictions of the price level penetrations. However, with One Touch Options you can generate even higher returns. An asset has an upper and a lower limit and you simply need to predict whether one of this limits will be touched.
- SpeedMaster Options
This types of options are more suitable for the gamblers than just traders. Such binary options expire in 60, 90 or 120 seconds. It is quite hard to predict the asset move over this time, this is why Binary Options Hub doesn’t not really recommend such types of binary options. However, TopOption lets you access fast trading if you are interested in it.
This is not actually a separate types of options, but ProOption lets you rather squeeze more out of the existing offers. ProOption allows you trade with quite a degree of customization. You can double up your trade while it is already active or stop the trade while it is active. With ProOption you can increase your profits or limit your losses. You can also select 2 assets and match them against each other.
All of these options are available for indices, commodities, currencies and stocks. The variety of instruments is amazing,
you can trade any of the assets available by clicking the link below. but TopOption remains scam, and signing up will be a bad idea.
TopOption Trading Platform
TopOption is backed up by KeyStone technology. This Option Trading software is quite versatile, fast and comfortable. It is unique platform, which is solely available at TopOption. While most of the binary options broker take the platform for a technology provider, TopOption’s trading platform comes from KeyStone, a Markets.com software company.
TopOption platform is well designed, with a clean white interface.
What makes this platform stand out is its speed. It performs much faster than the rest of the offers. Unfortunately this platform is only available in your browser, a mobile app is still to come.
TopOption Deposits and Withdrawals
During this TopOption review, a few of the payment methods were available.
As usual, you can perform deposit with your credit or debit card. It can either be a Visa, MasterCard or a Diners Club.
In addition to this, you can transfer funds directly from your bank account using a FastTransfer solution. This way you get to pay lower commission rates and the transaction is executed faster, compared to a regular foreign transfer. Also you can deposit via simple bank transfer.
WebMoney – this will be mostly appreciated by Russian traders and their neighbours.
Also, you can deposit via Neteller and Skrill.
This makes TopOption a great choice, as the amount of payment systems is quite solid. Your withdrawals will be declined, do not sign up with scam broker!
TopOption Customer Support
As TopOption is powered by Markets.com and is also a part of the SafeCap Investments Ltd, it has quite an experience in serving the clients worldwide. The support of TopOption is
friendly and effective. You can reach out their customer officers via Live Chat, Email or simply by dialing a phone number. The support is provided for 18 languages. scammy and unreliable.
You can also access support via a Toll Free number in 9 countries.
This is a great offer, as not so many brokers offer Toll Free lines for their clients. Such a service truly makes this review stand out from the other binary options broker reviews.
TopOption Review of Account Application
Like this honest scam review? Then read below about account opening procedures.
- Visit the Website
First thing you need to do is to visit TopOption website.
- Fill out the form
Once you are at the TopOption webpage, you will need to click on Open Account and fill out the form.
- Provide additional details
Right after you are done with providing the basic information, you will need to provide your address and a few points regarding your income and net worth. This is required by the regulator.
- Confirm your e-mail
After you are done with filling out the forms, you will receive a confirmation email to your mailbox. Simply click on the link inside of it and verify your account.
- Deposit and Trade
There is no ID or address verification with TopOption, so you can deposit via a Credit Card or any other mean of payment you prefer and start trading in seconds.
Honest TopOption Review Conclusion
There are many binary options brokers out there and the number keeps on growing.
TopOption review shows that this binary broker clearly stands out from the vast majority for a number of reasons. First of all, it is powered by Markets.com, which is a large forex broker. This tells us that the company will not collapse or disappear. Secondly, this is a CySEC regulated binary options brokers, so your account funds are segregated. Thirdly, you will trade on a custom platform that is not available anywhere else. Last but not least, the amount of available payment systems and supported languages is quite extensive. All these factors truly make TopOption a solid choice for any binary options trader. Like this TopOption review? Act now!
This broker is powered by Markets.com, but still it remains scam. We have received multiple claims of declined withdrawals and advise you to stay away from this broker.