OneTwoTrade Review | Expert Review of onetwotrade.com by FX Empire
OneTwoTrade
No
£200, €200, $200
SpotOption
4.2/5

OneTwoTrade - Review

OneTwoTrade Video Review

OneTwoTrade Review

OneTwoTrade Review

With the increasing number of binary options brokers emerging on the internet, many traders are hard pressed to choose the right broker for their binary options trading activities. All the various binary options brokers have their own unique attractions and offerings as to differentiate themselves in the competitive online brokerage business. So why would one want to consider OneTwoTrade as their broker? For one, OneTwoTrade had been voted as one of the most customer oriented binary options broker around. They even provide a dedicated manager for each their clients, a benefit which is mostly reserved for VIP traders. In addition, they also offer many free ancillary services to their clients in order for their clients to get the most value out of their money.

 

Trading Platform

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As with most binary options broker, OneTwoTrade’s trading platform is web based. Nevertheless, a lot of thoughts have gone into the design and online delivery of the trading platform. OneTwoTrade’s philosophy has always been to provide their clients some of the best possible technological advancement for binary options trading. Their ultimate goal has always been to ensure their clients have an efficient, safe and pleasant trading experience using with the trading platform. In fact, the company achieved an award for providing a platform which is extremely user friendly. 

Control Panel

Smartoptions

 

Unique Features

In addition to providing a platform for trading binary options, OneTwoTrade’s trading platform has also some unique features which are normally not found on other trading platforms.

 

  • Buy me out feature

This feature allows traders to liquidate their market positions before their expiry time. This is a great risk management tool especially when you want to cut your losses or collect a smaller but certain profit on your trade.

 

  • Rollover feature

With the “Roll Over” feature, traders can roll their trades to the trades to the next expiry time for a premium. It is normally used for increasing the length of the trade especially when the initial prediction is proving to be wrong.

 

  • Double Up feature

By using the “Double Up” feature, traders can create another identical market position which has so far been doing well. Essentially, you are increasing your investment on a favourable position.

 

  • 110% Guarantee feature

OneTwoTrade is currently the only broker that is offering this feature. As a new client, OneTwoTrade pledge to offer a 110% money back guarantee if your initial ten trades proves unsuccessful.

 

Trade Types

Unlike most other binary options brokers, OneTwoTrade offers just two types of trades to their clients. They include:

 

  • SmartOptions (Binaries)
  • 60 Seconds

 

Trading Accounts

To start trading at OneTwoTrade, traders can either open a free Trading Account or a Privilege Plus trading account. For Privilege Plus members, they are entitled to a larger varieties of extra benefits like 24/7 access to a senior account manager, detailed market analysis and special promotions. In addition, Privilege Plus members are also given an iPhone or iPad pre installed with an app for mobile trading. Last of all, they are also given complimentary flight tickets to London to meet with the CEO in person.

 

Payout Ratios

At OneTwoTrade, traders can look forward to returns ranging from 65% to 85% on their investments. Even out of the money trades are entitled to a rebate of up to 10% of the original amount invested.

 

Asset Index

Currently, OneTwoTrade offers over 90 underlying assets in three different classes, namely Forex, Indices and Stocks.

 

Stocks

Forex

Indices

AIG

Amazon

Apple

Baidu

Barclays

BHP Billiton

BNP Paribas

BP Uk

British American Tobacco

Caterpillar

Cisco

Citi Group

Coca Cola

CTC Media

Danone SA

Dell

Deutchse Telekon

Disney

Exxon Mobil

Facebook

Fiat

France Telecom

Gazprom

Goldman Sachs

Google

Groupon

HSBC Holdings

IBM

Intel

JP Morgan Chase

Las Vegas Sands

Linked In

Louis Vuitton

Lukoil

MasterCard

McDonalds

Microsoft

Netflix

Petrobras

Pfizer

Publicis Groupe

Rio Tinto

SAB Miler

Sberbank

South Indian Bank

Starbucks

Tata Motors

Tesco

Teva Pharmaceuticals

Total

Toyota

Unilever

Vivendi SA

Vodafone

Wynn Resorts

Yahoo

AUD/CHF

AUD/USD

EUR/AUD

EUR/CAD

EUR/GBP

EUR/JPY

EUR/RUB

EUR/TRY

EUR/USD

GBP/CHF

GBP/RUB

GBP/USD

NZD/ZAR

USD/CAD

USD/CHF

USD/JPY

USD/RUB

USD/TRY

USD/ZAR

ASX FUTURE

BOVEPSA-F

CAC

CAC FUTURE

DAX

DAX FUTURE

FSE FUTURE

FTSE 100

IBEX 35

IBEX FUTURE

NASDAQ

NASDAQ FUTURE

S&P 500

S&P FUTURE

SMI

TEL AVIV 25

 

Customer Support

As for customer support, all enquires can be directed to customersupport@onetwotrade.com or by phone at 0845 12TRADE (0845 12 87233). Live Chat is only available to those who registered with OneTwoTrade.

 

Reliability

There currently only four options for OneTwoTrade’s clients to fund their trading accounts, that is:

 

  • Visa
  • MasterCard
  • Moneybookers
  • Wire Transfer

 

The limited number of funding options offered is mostly like due the fact that OneTwoTrade is still a relatively new operation. Nevethless, trades can be assured that their transactions are safe as the OneTwoTrade uses SSL encryption technology to encrypt all internet data between the traders and OneTwoTrade.

 

Pros

Some of the main advantages of trading at OneTwoTrade include:

  • Attractive perks for VIP traders
  • Dedicated account manager
  • Easy Access control panel
  • Fast efficient trading platform
  • Free Seminars
  • High Returns
  • Low minimum trading requirement (£10)
  • Up to 10% rebate for out of the money trades
  • Wide range of assets

 

Cons

Of course being a new operation, there is still some fine-tuning to do before OneTwoTrade can be considered perfect. Some of the areas which they need to re-examine include:

  • High Minimum Deposit of £200
  • £39 withdrawal fee and £30 processing fee on withdrawal that are less than £200
  • £50 Penalty for accounts closed before one year (Closed Before Term)

 

Conclusion

Overall, OneTwoTrade’s 110% money back guarantee is a very attractive offer especially for those who are new to binary options trading. Their trading platform is also a plus point for them. However, the high fees imposed can be a turn off for some who are trading on a small budget. Then again, their personalized service plus their market insights makes OneTwoTrade a league of its own.

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