DragonOptions Broker Review 2023

Min. Deposit $350
Min. Invest $25
Return 80%

DragonOptions got started as a number of team members came together to produce a unique binary options and financial services company that would be regulated under the Cyprus securities exchange commission. DragonOptions got started originally in the year 2014 and began as one of the very first licensed and regulated binary options brokers out of Cyprus. Read on to discover more in our DragonOptions review and to learn if it fits your preferences.

DragonOptions Account Features

The company is located at 365 St. Andrew Street in Limassol Cyprus and they are known for offering up to 80% payout on all binary options. According to DragonOptions review, this broker has 260 assets that are available for trade across the platform and a number of benefits which are available to every level of customer.

Due to CySEC’s decision, StockPair no longer provides binary options bonuses!

The goal of this broker was to always produce premium services that could generate a very loyal customer base. In order to produce such a system, the company has always placed extra emphasis on retaining its certification for fairness, security and customer support. DragonOptions is known for its great welcome bonuses as well as the wealth of information that’s available online. They offer support options or telephone, call back, contact form, live chat and more.

With only three main account types available on DragonOptions platform users can get the most out of an account with only a few big advantages to upgrading. While the premium account does definitely have some advantages especially with withdrawal times, the advantages presented are limited to just a few upgrade options versus some of the other wide area options platforms that have 5 or more account levels. Here are most important facts that DragonOptions review has analyzed:

Due to CySEC’s decision, StockPair no longer provides binary options bonuses!

DragonOptions basic account: This account is available with a $250 deposit and it comes with an 110% welcome bonus on your first deposited funds. Trading bonuses can go up to 120% after the initial deposit with promotions and you can receive access to all of the educational materials as well as the blogs and MarketWatch ticker reports.

DragonOptions Premium account: The premium level account is available after depositing $5000. This account comes preloaded with some more advanced educational materials and trading strategies. DragonOptions review founds the company also presents a six-month forecast service with ongoing newsletters and support features, expert analysis three times every 6 months for your full account as well as a 60% bonus deposit on every subsequent deposit after your first deposit of the month.

A 70% trade bonus, as well as a 50% aggregate bonus to prevent losses each month, can give a huge advantage to traders willing to deposit $5000 or more. A 24-hour withdrawal processing also ensures that can get the money that you make in binary options trade much faster than almost any other trading platform withdraw system.

DragonOptions VIP: although the VIP option requires a $25,000 deposit, this account comes with all of the affirmation benefits in the premium account. Instead of being limited in the personal analysis you get access to a personal analyst for your DragonOptions account at any time as well as the 24-hour withdrawal, unlimited DragonOptions forecasting, advanced analysis and premier customer support options. This level of account is part of what captured DragonOptions 2012 global banking and finance award in Cyprus.

In the course of our DragonOptions review, we ascertained that broker tends to differ from some other types of binary options brokers because they only offer three different account types. While each one presents its own unique benefit the three account option ensures that more fairness is placed between beginner traders as well as the more experienced and veteran traders on DragonOptions. Unlike some other binary options brokers, this broker keeps things simple.

DragonOptions Trading Software

The DragonOptions trading platform does have a wealth of features included in the software including Hi Low binary options trade with the potential payout of 80% on binary options trading.

As we went further with our DragonOptions review, we discovered a massive selection of trading tools resources, videos, FAQ’s glossary information and more. This comprehensive strategy includes DragonOptions traders tools, Binary options terminologies, a financial calendar for planning and a variety of other assets that can help you to retain profitability with your options trade.

Breaking financial news tickers can also provide traders with an up-to-the-minute stream of the latest news for checking into financial markets around the world. Not too many other trading platforms featured this support option and it can help to prevent major mistakes and losses.

The main option trading types available on DragonOptions are Option Builder where traders can set up commonly traded options they would like to regularly trade, One touch high yield trade options for fast trading, sixty-second trading options, and the specialty black dragon trading options.

The Black Dragon trading option allows users to buy out positions within specified price ranges before options will expire. According to the broker, this can prevent losses and had insurance to almost any regular trade as long as it is sanctioned under the Black Dragon trade option.

In our DragonOptions review we have determined that broker provides a wide number of different assets that can also be traded on this platform including currency pairs from across the world, commodities, indices and stocks. The 160 assets available for trade make this one of the most competitive trading platforms for binary options in the world.

DragonOptions Support Information

One of the last aspects we have inspected in our DragonOptions review was customer service which is limited to a reasonable helpdesk and training who can offer support in a variety of different languages including Turkish, Russian and English. Although they may not offer the same level of international support that you might receive from some other binary options trading platforms, their support in education and FAQ’s make customer service much more streamlined.

DragonOptions clients can connect with analysts and support professionals over e-mail, phone, live chat and more. A huge selection of FAQ and reading materials can help customers to quickly get access to the answers to the questions that they need too. Not too many other binary options trading platforms have created such comprehensive FAQ sections for answering customer inquiries.

Tip: Trade with reputable and regulated brokers on FX-Advisor.

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DragonOptions Company Information

As mentioned with feature levels, higher levels of membership can get access to some of the fastest withdrawal times in the industry here. It’s possible to see withdraws to your bank account within just 24 hours of making the withdrawal order.

DragonOptions review confirmed there are various deposit methods available and they include wire transfer, Kiwi, CashU, Skrill, Moneta.ru, WebMoney, debit or credit card and more. DragonOptions traders can also withdraw using many of the same methods for some of the fastest and most convenient solutions for payment/withdraw in the industry.

Deposit fees are rather steep with a minimum amount of $250 on deposit, a standard three day processing time on withdraws with a $30 withdraw about on withdrawing options of above $500. Standard withdraws or charges for five dollars or $10 if net wallets are being used. These transaction fees are relatively low when compared with some of the other industry standards but can be steep considering the higher deposit standards.

DragonOptions Review Conclusion

Overall, DragonOptions review ascertained this is a solid broker that can be lacking with some international support but does feature easy money handling and fairly low withdraws. Another big drawback to DragonOptions is definitely its high cost to get into with the deposits as well as the high cost for the premium membership.

While there is quite a lot of support here on an excellent trading platform, these higher costs and lack of international support don’t make this quite as accessible as some of its competitors.