OptionBit Review 2023
This broker is closed.
Besides long years spent in binary options industry, OptionBit has managed to become one of the most admirable brokerage companies that offer the latest technology and dynamic trading tools. According to the OptionBit, their Tradologic platform offers latest trading tools and it is user-friendly for beginners. Our OptionBit review was made due to the high demand of traders that wanted to know more about this CySEC regulated broker. Trading with OptionBit can start from $250 deposit and traders are allowed to receive
Trading with OptionBit can start from $250 deposit and traders are allowed to receive up to 88% payouts. The minimum investment is $10 and traders are welcome to trade with mobile platform too. OptionBit has a lot to offer, so continue reading out an OptionBit review before you start trading.
OptionBit Account Features
Due to CySEC’s decision, StockPair no longer provides binary options bonuses!
OptionBit review has found this broker still offers certain bonuses that are called Bonus educational allowance. They are made with purpose to help traders learn more about the platform and to apply different trading strategies. After the deposit has been done, traders are recommended to contact OptionBit support service to activate the bonus.
OptionBit review has found three different allowance plans are available:
- 30% Bonus for depositing $200
- 40% Bonus for depositing $500
- 50% Bonus for depositing $1,000
Bonuses are available after certain turnovers are accomplished. Comparing with market industry, OptionBit requires low turnovers in order to activate the bonus. Our OptionBit review has found that OptionBit requires only x15 turnover. More information about rules and trading specifications can be found in terms and conditions document.
We have searched for OptionBit available trading accounts information, but we haven’t found any. In order to find more information we have contacted OptionBit chat support and they told us accounts are available after a trader registers with the broker. The broker probably wants to share direct information regarding the accounts which is available only after a trader logins to your trading account.
OptionBit review has found this broker doesn’t provide demo account which can be considered as negative. Demo accounts are usually accepted tools among most brokers because it provides them the opportunity to train and get familiar with available options on the platform. Demo accounts are a risk-free zone since traders receive virtual funds and they trade with no stress to lose their real investments.