Over the years capitalising and making money online via binary options brokers has become increasingly striking to investors and all individuals who invest in shares, currencies, commodities and equities. The term binary is used since there are two options for this kind of trade. Binary trading makes available options for the market to self-adjust and also offers an opportunity to lead in overvalued stocks by taking risks on whether a company will see a decrease or an increase in its value. This form of trading has been compared to placing a bet since you gamble on whether an asset will appreciate or depreciate over a period. The good thing is that from the word go; you get to know what you are imperilling and what you stand to gain way before the trade takes place. Binary trading is advantageous since you don’t require a large amount of capital or capital reserve.
Earning through binary trading is easy
You don’t have to have any previous experience to take part. This sort of trading does not restrain you regarding location. You can do it from whichever location you see fit even on your sofa at home, any day anytime with no charges or extra cost. After selecting your broker, you can commence trading immediately by getting registered, depositing money and the finally, making your prediction. Trading doesn’t mean that you own the property in question. It only means that you get to predict the course of the market in a given period. You also get the option to trade for the long-term or short-term period. Investing in binary trading can be very lucrative, you can get returns of up of up to 65%- 91% in a span of 60 seconds. The worth of the assets does not affect your returns since the returns are not affected by the change in value.
The binary trading industry had grown since 2008 when it was started. Currently, there are more than 400 trading platform and brokers. Due to the improvement of technology and availability, there has been an extraordinary increase in the trade. As a result, various governing bodies have been molded to control binary options brokers since no regulator can supervise and adjust all binary options brokers and forex activities across the globe. These bodies, however, operate within given geographical regions with the main task of monitoring the various binary options and brokers in the said region. Hence, they protect the traders and ensure best practices by such brokers. Since there are some binary options brokers available, getting the right one can be a bit challenging more so for the beginners. It is important for them to choose the right broker in order to maximise their returns and ensure that they are not reaped off their hard-earned money.
AskOption binary options broker trading platform was established in 2014 by PeakMedia Group Ltd. They are located at #2 Old Brompton Road, Suite 50, London, SW7 3DQ with their business address being Blades Enterprise Centre, John Street, Sheffield, South Yorkshire, S2 4SW, UK. Though they are located in the UK traders from all over the globe can access their services. You can take part in the trading regardless of the region you come from since you can use different kinds of currencies including USD, EUR, GBP, AUD, CAD. They also have some service partners including LLC Tauron Services located in Georgia and Columbus Merchant Services Ltd based in Mauritius. Although AskOption is located in the UK, it is not regulated by any financial regulatory body. They should not be a cause for alarm since there have been no major complaints in the two years that it has been operational. This option has a maximum return of 85% and a bonus of 100% with the minimum deposit of $250. When you are investing with this option the minimum investment possible is $5, and maximum investment is $ 20000. This binary options broker has been rated 4.5 out of 5 by 7 Binary option since it has some pros. The binary options broker stands out because it requires the least minimum investment and the trader can have fairly high returns. It also provides the trade with some account options. They provide state of arts service that is highly secure attracting a lot of traders.
AskOption comprehends that they serve clientele from across the globe. They appreciate that their clients come from some diverse backgrounds which are rich with different cultures. With this in mind, they have made available six different types of trading accounts for their clients to choose from which include Basic account, Mini account, Standard account, premium account, ultra-account and the VIP account. These accounts come with tailored features with the benefits of each trading account varying since they are made for different categories of traders. It is significant to note that the bonuses and promotional offers come with the conditions attached. Before it is possible for you to withdraw the bonus, you need to have met the wagering requirement of 20 times the bonus amount.
•The basic account allows a minimum deposit of $250. From that, you receive a bonus of 30%, Ebook, and training. When it comes to withdrawals, you are allowed standard withdrawals.
•The minimum amount you can deposit in the mini account is $500. For this, you get 30% bonus, one risk-Free Trade, and standard withdrawal. To add on this, you are assigned a senior broker who is at your bake and call when never you need financial advice. You also receive daily market reviews and two live trading education.
•You need to have a minimum of $1000 if you want to trade with the standard account. For this you receive five risk-free trades, you get assigned a senior broker, you get five live trading education, Ebook, and five live trading education. You are allowed expedited withdrawal.
•The premium account allows a minimum deposit of $5000. It offers a 70% bonus; you get assigned a senior broker, ten live training sessions, daily market reviews, 7 Risk-free trades, email & SMS alerts, Ebook and advanced strategies. If you are trading via this option, you are permitted expedited withdrawal.
•The minimum deposit for Ultra account is $15,000. The value adds up as well. You get ten risk-free trades, daily market reviews, 85% bonus, assigned senior broker, expedited withdrawal unlimited live training sessions, email & SMS alerts, Ebook, advanced strategies and risk management
•The VIP account has a lot to offer. The trader signed senior broker, unlimited live training sessions, risk management, email & SMS alerts, Ebook, advanced strategies, same day withdrawal, daily market reviews and personal AskOption rewards.
AskOption Trading software
AskOption is exceptional since it uses the Panda Ts platform as its software which is not used by many binary options brokers. This is of benefit to the traders since it offers them four different types of option contracts namely, hyper options, one touch options, high/low options and range options. These options favor the traders by allowing them to earn a maximum of 85% returns from their investments. The software also offers a diverse range when it comes to expiry times offered. They range from 30 seconds to 45 minutes. The contract selection options are not as many as those found on SpotOption. However, Panda Ts makes up for this deficiency by offering a powerful copy trading feature that can be easily followed by beginners. It enables them to view in real time the Top 10 Trades social training board helping them learn a thing or two in the process. These greatly covers for the fact that there are only four types of options contracts to trade with.
AskOptions Customer support
AskOption offers the best customer service in the market. Their team is available to render their services 24/7. Traders can contract the team through email, live chat or over the telephone if they need any clarification. This option has made available a localized telephone support in the U.S, UK, Canada and Russia making it easier for the traders to reach the team. The website is also available in English, Arabic, and Russian to ensure that traders speaking these languages are catered for. When it comes to social media platforms, AskOption leads regarding being active hence reaching a wider range of people.
AskOption supports credit/debit cards and wire transfer for the funding of trading accounts for both depositing and withdrawals. Withdrawing your money isn’t a complicated issue. It is fast and effective since the withdrawals request are processed within five business days. If you want to withdraw using your credit card, the minimum you can withdraw is $30. If you are conducting your withdrawal via wire transfer, the minimum you can withdraw is $100. Traders are offered one withdrawal per calendar month. If a trader makes subsequent withdrawals in the same calendar month, he is reliable for a service fee of $30 per withdrawal.