Markets: Forex, Commodities, Indices, Stocks Accepts US Clients: No Min. Deposit: $100 Payouts%: 85  Overall Rating: 4.1 / 5   (Based on 7 User Reviews)
 

TopOption Review

 

TopOption video review:

 

 

TopOption Review

TopOption Review

 

Owned by Safecap Investments Ltd, a financial services provider that is regulated by Cyprus Securities Exchange Commission (CySEC), TopOption is one of the latest binary options brokers that have ventured into the competitive world of binary options brokerage. Backed by strict technological security protocols, TopOption aims to offer their clients a secured and regulated trading environment for binary options trading.

 

Trading Platforms

For the conveniences of their clients, TopOption provide two types of trading platforms for their clients. The main trading platform is web based which requires no software download for it to function. 

TopOption2

The second type of platform is a mobile trading platform which allow traders to trade from anywhere with internet access on their mobile devices. 

TopOption3

Both these platforms are not only simple to use but efficient as well. Regardless of whether you are a novice or seasoned trader, you won’t find yourself stumbling around the navigation interface looking for the various functionalities of the trading platform as all the button are clearly self explanatory.    

 

Unique Features

In addition to being simple to use, ToopOption’s trading platform also offers some unique features which are normally not found on other trading platforms. These features include:

 

  • The History Graph Feature
  • The Rollover Feature
  • The Sell Option Feature
  • The Trading Confirmation Feature

 

Types of Trades

At TopOption, traders have a choice of five types of trades that they can make with binary options.

 

  • 60 Seconds

With the 60 seconds trade, a trading transaction is completed in just one minute. This type of trade is ideal for those who wish to get a return within a couple of minutes.

 

  • Classic Binary Options

This is by far the most popular types of trades that the majority of the traders are engaged in. Simple and yet exciting, trades can be completed with just three simple steps.

 

  • One Touch Binary Options

With the One Touch Binary Options, traders can easily profit with payouts as high as 500% if their predictions turn out to be correct.

 

  • Option Builder

By using Option builder, traders can take control of some of their trading aspects. Option Builder allows traders to determine their own risk ratio by letting them modify the percentage returns of the trade expiry outcome.

 

  • ProOption

The ProOption trade is an entirely new thing in binary options trading. So far, only TopOption offers this type of trades to traders. Here, traders to select two assets and face them off in a trade.

 

Trading Accounts

There are three types of trading account at TopOption with each having their own set of benefits and bonuses for traders. The types of trading accounts include:

 

  • Starter Account (Minimum Deposit of $100)
  • Pro Account (Minimum Deposit of $1000)
  • VIP Account (Minimum Deposit of $5000)

 

Payout Ratios

Depending on the types of trades, the payout ratio at TopOption can go as high as 500%. However, the average ratio is around 85%.

 

Asset Index

One thing which traders at TopOption will never run out of is the number of instruments which they can trade in. With an extensive list of 180 various instruments, TopOption has the market well covered. Below is the list of assets which are available at TopOption.

 

Commodities

Currencies

Indices/Futures

Stocks

COFFEE  

CORN

GOLD      

GOLD VS OIL          

GOLD VS SILVER

GOLD/EUR             

PLATINUM             

SILVER    

SUGAR

WHEAT

AUD/CHF               

AUD/NZD               

AUD/USD               

EUR/AUD

EUR/CAD

EUR/CHF

EUR/GBP

EUR/JPY

EUR/RUB

EUR/USD

GBP/CHF                

GBP/USD               

NZD/JPY

NZD/USD               

USD/CAD

USD/SGD

USD/TRY

USD/ZAR

 

ASX         

ASX FUTURE          

BOMBAY SE           

DAX        

DAX FUTURE

DOW

DUBAI

FTSE 100                

FTSE FUTURE        

IBEX        

IBEX FUTURE         

JAKARTA SE           

KL FUTURE             

MICEX10

NASDAQ

NASDAQ FUTURE  

NIFTY     

NIKKEI 225             

RTS         

RTS FUTURE          

S&P 500

S&P FUTURE          

SMI         

SSE180   

STRAITS TIMES

TEL AVIV 25

TOPIX

 

AMAZON                

ANZ BANK

APPLE     

APPLE VS AMAZON

APPLE VS GOOGLE

ARABIAN PIPES COMPANY

AXIS BANK             

BANCO SANTANDER

BARCLAYS              

BHP BILLITON        

BHP BILLITON        

BHP-AU  

BIDU       

BNP PARIBAS         

BOVESPA-F            

BP           

BRITISH AMERICAN

CATERPILLAR         

CITIGROUP

CITIGROUP VS AIG

COCA COLA

CTC MEDIA             

DANONE SA

DELL       

DEUTCHE TELECOM

DISNEY

EBAY

FAZ-SFORT BANKS                

FIAT        

FRANCE TELECOM

GAZPROM              

GENERAL MOTORS                

GOLDMAN SACHS

GOOGLE

GOOGLE VS BIDU  

GROUPON             

HSBC HOLDINGS   

IBEX        

IBM        

JP MORGAN CHASE

LAS VEGAS SANDS

LINKEDIN                

LOUIS VUITTON     

LUKOIL   

MASTERCARD        

MCDONALD’S         

NETFLIX  

PETROBRAS           

PETROCHINA         

PFIZER    

PLATINUM             

PUBLICIS GROUPE

RIO TINTO              

RIO-AS   

RTS         

S.BANK INDIA        

SAB MILLER           

SAUDI ARABIAN REFINERIES

SBERBANK             

STARBUCKS

STRAITS TIMES

TATA MOTORS

TATA STEEL

TEL AVIV 25

TESCO

TEVA PHARMA

TOTAL

TOYOTA

UNILEVER

VIVENDI SA

VODAFONE

WYNN RESORTS

 

 

Customer Support

Despite being a relatively new operation, TopOption’s customer support is commendable. In addition to regular numbers for clients to call for support, TopOption provide not just one toll free number but nine toll free numbers for the following countries:

 

  • Australia (+61-1-8002-60171)
  • Austria (+43-8-0000-5661)
  • Belgium (+32-8-003-8741)
  • Cyprus (+357-2-222-2039)
  • France (+33-8-0510-0671)
  • Italy (+39-80-096-9112)    
  • Netherlands (+31-80-0020-1492)
  • Spain (+34-80-030-0355)
  • UK (+44-80-0170-0124)

 

Traders can also reach customer support through email or live chats.

 

Reliability

In terms of reliability, TopOption takes its reputation very seriously. Regulated by CySEC, TopOption is a member of the Cypriot’s Investor Compensation Fund. The fund provides insurance coverage of up to €20,000 per client in case TopOption runs in liquidity problems. Apart for this, the company’s operational funds are segregated from the clients’ trading funds. To prevent the integrity of the trading platform from being compromised by hackers, all internet data are encrypted.

 

Pros

To summarize, TopOption offers their clients several distinct advantages of dealing with them.

 

  • Comprehensive Trading Tools
  • Convenience of Mobile Trading
  • Efficient Web Based Trading Platform
  • Exciting Product Range
  • Good Educational Center
  • High Bonuses Of Up To $2500
  • High Returns
  • Regulated Broker with Insurance Compensation Fund
  • Wide Diverse Asset List

 

Cons

Apart from being a new broker, TopOption exhibited no obvious flaw with their system.

 

Conclusion

Overall, with all the benefits and features of their trading platform, TopOption is worth a serious consideration as a broker for those who are interested in trading with a regulated broker. At present, Cyprus is the only European Union (EU) member that tightly regulated binary options trading. The majority of the EU countries have yet to fully comply with the MiFID issued by the European Parliament for the harmonization of the EU financial markets

TopOption User Reviews


Very Simple But Yet Effective Trading Platform

Beautifully designed, TopOption trading platform is not only nice to look at but also fun to use!.

Pros:Very User Friendly Trading Platform

Cons: No complaints here

Ease of Access
 
5
Platform Performance
 
5
Reliability
 
5
Customer Support
 
5
Payouts Percentage
 
5
5
 

Lots Of Trading Tools

Their trading platform is packed with so many tools that really help in evaluating my trading decisions.

Pros:Most fully equipped binary options trading platform around

Cons: Frankly speaking, I can’t find anything to grumble about with the quality of their services.

Ease of Access
 
5
Platform Performance
 
5
Reliability
 
5
Customer Support
 
5
Payouts Percentage
 
4
4.8
 

Wide Ranging Asset List

Their asset index is one of the largest I have ever seen. Never have I ever come across a broker who covered the market as comprehensive as TopOption.

Pros:Loads of assets to trade with

Cons: Got to be careful when using the STOCKPAIR feature as it can be confusing during the frenzy of a busy market.

Ease of Access
 
4
Platform Performance
 
5
Reliability
 
5
Customer Support
 
5
Payouts Percentage
 
5
4.8
 

Very Professional Broker

I like their professionalism. This is evident in their high quality customer support service.

Pros:High quality and professional service rendered

Cons: It’s hard to find another broker that can match the quality of their services.

Ease of Access
 
5
Platform Performance
 
5
Reliability
 
5
Customer Support
 
5
Payouts Percentage
 
4
4.8
 

Very High Welcome Bonus

I think they offer one of the highest welcome bonuses around at $2500.

Pros:Attractive Welcome Bonus

Cons: As usual, there are terms and conditions attached to the withdrawal of bonuses

Ease of Access
 
5
Platform Performance
 
4
Reliability
 
5
Customer Support
 
5
Payouts Percentage
 
5
4.2
 
See all 6 user reviews

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