TopOption | Binary Options Brokers

TopOption Review

TopOption
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Overview

When it comes to being a regulated broker, TopOption beats most. The statement which goes ‘your money is safe’ is verified by the fact that TopOption is a Markets.com brand….

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Details

Broker TopOption
Website URL http://www.topoption.com
Founded 2008
Headquarters Safecap Investments Ltd - Kafkasou 9 street, 6th floor, Aglantzia P.O.Box 26522 CY2112, Nicosia, Cyprus
Support Number +35 72 222 2039
Support Types Live Chat , Email , Phone , Postal Mail
Languages English , Arabic , Spanish , French , Italian , German , Japanese , Polish , Czech , Russian , Swedish , Chinese , Portuguese , Dutch , Bulgarian , Romainan , Lithuanian , Norwegian , Hungarian , Slovak , Greek
Trading Platform SpotOption
Minimum 1st Deposit $100
Minimum Trade Amount $10
Maximum Trade Amount $4,000
Bonus Up-to 100% Welcome Bonus
Payout 85%
Free Demo Account Yes
Regulated Yes
Regulation Cyprus Securities Commission (CySEC)
Account Types Starter , PRO , VIP
Deposit Methods VISA , MasterCard , Diners Club , Delta , Fast Bank Transfer , WebMoney
Withdrawal Methods VISA , MasterCard , Diners Club , Delta , Fast Bank Transfer , WebMoney
Trading Methods Browser , Mobile
Number of Assets 44
Expiry Times 60 sec , 15 Min , 30 Min , 1 Hr , 24 Hr+ , End of Day
Types of Assets Currencies , Stocks , Indices , Commodities
Option Types Classic Option , One Touch , Pro Option , Speed Master , Touch/No Touch
Trading Currency USD , EUR , GBP , CAD , JPY , ZL
Account Currency USD , EUR , GBP , CAD , JPY , ZL
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score 9.6

Screenshots

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Pros

  • Sponsor of Arsenal Football Team
  • 5 Exclusive e-Books
  • Personal 1-on-1 Training
  • Video Tutorials
  • Exclusive Market Analyses
  • Dedicated Support

Cons

  • Limited # of Assets

Full Review

Trustworthy Binary Broker SealWhen it comes to being a regulated broker, TopOption beats most. The statement which goes ‘your money is safe’ is verified by the fact that TopOption is a Markets.com brand. You can feel free to explore our review of TopOption to find out what all features TopOption offers you. It is one of the very rare brokers which accepts PayPal as a deposit method and it also has a CySEC license in EU. TopOption has also won awards such as the “Best Licensed Broker” award in 2013 on the “FBO Awards Ceremony” which indeed is why we had to review this brilliant broker.

TopOption Exclusive Features

You may imagine a broker offering amazing security and possessing really low deposit requirements, well that is not going to stay as an imagination anymore because that’s exactly what TopOption has for you. The minimum deposit with TopOption is just $100. We made sure we verified these details in our TopOption review and indeed it surprisingly was all true. With a minimum deposit of only $100, new traders are going to find it much easier to begin their careers.

Throughout our TopOption review, we were able to figure out that all your funds are kept in banks located in Switzerland, UK and Germany. In case you don’t believe us and want to confirm this, you can feel free to read the whole confirmation about this matter uploaded on the website by KPMG, which is one of the largest audit firms!

On your first deposit with TopOption, you are eligible to receive a bonus of up to $2,500. In case this is what you request, you get a bonus of 25% of whatever amount you deposit. However, it is not mandatory to go for this bonus offer as it does not necessarily benefit you all the time, and also adds a lot of limitations to your account. You will find out more as you continue to explore our exclusive TopOption review.

TopOption YouTube Video Review

TopOption Trading Software and Assets

SpotOption is the provider TopOption has chosen when it comes to the trading platform, just like the rest of the binary options brokers on the internet. This software is pretty widely used and well known and you get to trade using the basic yet unique SpotOption platforms like Option Builder, Call/Put, One Touch and Meta Charts. In case you wish to have a quick return, you also have the 60 seconds option available to you.

This broker brags more than 180 assets to choose from when it comes to the asset index, and you surely are not going to find any brokers out there that offer so many. So this one’s a big plus.

You can easily keep an eye on all your ongoing trades as soon as you begin trading with a certain option on the TopOption platform, which you can find on the trading charts, which are located in the middle of the screen. The results of a closed trading automatically reach your portfolio for you to access.

TopOption Support and Services

Once you register for an account with TopOption, you will receive a phone call in a couple minutes. We always go for a phone call so we can test the services accurately before scribbling down an official review. You also receive a personal account manager along with a personal trading coach, so you are sure to begin your career with a bang as soon as you hook yourself up with TopOption, learning the core basics of trading before investing a good amount of funds. In our TopOption review, we found the assistance provided by the account manager really helpful.

We also found the live chat service excellent. It did not take more than three seconds for a helpful support staff member to respond to us.

However, any communication you wish to have with the support staff cannot be done directly and goes through your account manager instead. We found this sort of unusual, but not really a big deal, in our TopOption review.

TopOption Banking and Company

When using TopOption, you are never going to have any complaints with the swiftness and ease of your banking. For experienced traders, bank wire would be the ideal choice while for normal traders, there’s the credit card option. It was a bit of a disappointment to not be able to find Moneybookers, as we do prefer this method.

It is necessary to mention that as of yet, TopOption seems to possess the most all-inclusive banking system of all. The deposit methods differ according to the user’s country, complying with all your local deposit methodologies so that you can make use of your national credit card or go to other available methods of depositing which is most preferred in your respective country. This is one of the greatest features of TopOption.

TopOption is secure and licensed organisation in Cyprus and your account is completely guaranteed up to €20,000. Barclays in the United Kingdom, RBS in Germany and Commerzbank in Switzerland are the banks in which your money is going to be stored. You should be least bothered with the past instability experienced in Cyprus.

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Paul Graber

I was born in Manchester in 1967. I am an Economist with a Ph.D. degree. I have been working in the financial trading industry as a professional since 2003. I am a fan of Manchester United team. I am married and have a little princess.

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