Binary options are prohibited in the European Economic Area. Between 74-89 % of retail investor accounts lose money when trading CFDs.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

WMoption Broker Review 2019

  • Min. Deposit $250
  • Min. Invest $5
  • Return 77%

WMoption is a brokerage company which, according to the broker provides user-friendly trading environment and diverse binary options products integrated on a web-based platform. The broker promises excellent support services and advanced technologies for its clients.

We have noticed that WMoption is not regulated by regulators we are used to seeing with other brokers, but it has a Vanuatu Financial Services Commission – Licence number 14793.

Find out more about this broker in our WMoption review and find out all important facts that might be useful to know. WMoption starts with $250 minimum deposit and it allows up to 77% payouts. Traders can invest from $5 which is the good start, especially for those who are new in binary options industry and want to start with low investments.

WMoption Account Features

We always start with some general broker specifications that will give traders the main idea about the WMoption broker. Most traders first want to know about trading accounts that are offered by the broker. The research we have conducted for our WMoption review revealed that traders can register with five different trading accounts:

WMoption Rookie Account

Rookie account is a kind of a beginner level that is usually customized for beginner traders with no or low trading experience. According to the WMoption, this account starts with only $250 deposit and it allows 20% welcome bonus. During our WMoption review, we have contacted their customer support to find out more about the Rookie account but their agents referred us to talk with their account manager for more information.

WMoption Basic Account

Basic account is available from $500 deposit and for those who want to achieve some higher success rates with the support of various educational tools. WMoption review found out that traders that register with this account get an extra 35% of welcome bonus and extra payout of 1%. Basic account also supports personal support for WMoption clients.

WMoption Silver Account

In our WMoption review, we have found out that Silver account offers a lot more than previous accounts. Silver account clients are welcome to use more sophisticated analysis tools that will help them become professional traders.

Besides a 50% welcome bonus and $5,000 deposit, Silver account traders are supported with WMoption senior brokers. As we went further in our WMoption review, we have found that Silver clients have minimum trader points to keep benefits 35. This account provides a phone line priority with their account manager.

WMoption Gold Account

This account is specially customized for exclusive clients that plan to invest serious investments and demand a personalized customer relationship. WMoption review found that Gold account starts with $25,000 and it enables a 70% welcome bonus. Gold account is customized for client’s needs and it offers a lot of benefits like extra payout for options and higher maximum positions.

WMoption VIP Account

The VIP account allows maximum services for WMoption clients. According to the broker, this account has focused on those clients who want to boost up their trading game on the highest level. The WMoption review reveals that VIP account starts with $100,000 minimum deposit and it allows 100% welcome bonus. VIP account is considered as the most exclusive WMoption trading account with the best trading services. VIP clients are welcome to use an extra payout of 2% and they have the highest priority on the account manager phone line.

With so wide variety of trading accounts, WMoption broker is an excellent place for both beginners and expert traders worldwide. Every account welcomes clients with attractive welcome bonuses that will give additional benefit to every trader. It is important to know that WMoption bonuses require certain turnover amount. In case the bonus is accepted, traders will have to accomplish at least x30 for every $1 of bonus.

As we went further in our WMoption review we haven’t found that broker offers a demo account. This is something that all traders like to have before they start investing the real investments. Demo accounts are usually interesting to rookie traders that have no trading experience.

WMoption

WMoption Trading Software

WMoption is one of the brokers that is integrated with the Tradesmarter platform. This might be a refreshing interface for those who are used to trade with the standard SpotOption platform. According to the broker, trading on Tradesmarter platform is user-friendly and secured with highest safety standards. When traders are logged on their account, they can set various interface layouts that will fit their preferences.

Besides that, our WMoption review found out that traders can choose to trade with high/low, Range Options, One Touch, Pairs, 60 seconds and Ladder Options.     

Trading with WMoption includes trading on a web-based platform or mobile apps for those who are on the go. This way traders can have the same account on more trading platforms, depending on their needs.

We can say that navigating through WMoption site is simple and easy to navigate and that traders will find all information in organized sections. As we have already mentioned, WMoption payout rate is 77%, but it raises on 1500% when traders decide to trade with high yield options.

In our WMoption review, we have determined that traders are welcome to trade with a great number of underlying assets which include: 6 commodities, 29 indices, 71 stocks and 34 currency pairs.

WMoption Support Information

One of the most important things traders are very sensitive about is the customer support service provided by the broker. If you have some previous experience with broker support agents, you probably know how it is important to have a high-quality service in order to get what you need.

Contacting the customer support is usually the first step traders will take before they register with the broker. In our WMoption review, we have tested their customer support to get an idea of the quality of the service. Their agents really made a great effort and provided us with all information promptly.   

WMoption provides various ways of support service. There is a live chat option available on their website. Traders who prefer sending the query through the mail can write through contact form or emails available on WMoption site. Besides the chat and contact form, traders can call various phones to get some of the WMoption agents. WMoption review discovered many available numbers in several countries: South Africa, Canada, Ukraine, Bulgaria, Finland, Australia, Malaysia, Nigeria, Netherlands and Norway.

The WMoption website is available in English or Arabic language only. From our perspective, this might be a small issue, while there are a lot of traders that are not secure using the English language. We hope that WMoption will release more languages soon.

We have noticed that WMoption offers various educational materials so traders can check trading guide, WMoption TV section or FAQ database. Some educational materials are not available until traders register with WMoption.

WMoption

WMoption Company Information

As we have already mentioned before, WMoption starts with $250 and the minimum trading amount is only $5. The broker has put a lot of effort in providing a variety of payment options which usually leads to clients satisfaction. As confirmed by the WMoption, the broker tends to provide the finest payment methods that have to be quick, safe and easy to use.

Traders who prefer using the credit cards can deposit or withdraw their investments using: Visa, Visa Electron, Maestro, Maestro UK and MasterCard. It is very important to know that traders who plan to deposit with Maestro are required to provide MasterCard Secure Code. Traders need to know that in order to authenticate their card, traders will have to enable 3D transactions with their bank provider.

WMoption also allows depositing and withdrawing through Wire Transfer which welcomes traders to synchronize transactions with banks across the globe. Wire transfer is considered the most secure transfer method and it is usually made for bigger transaction amounts.

Those who live on the go usually use various E-Wallets like Neteller.  

According to the broker, WMoption withdrawals are processed within three business days, but sometimes it takes longer for the funds to be visible on the account. In our WMoption review, we have determined that all transactions are free of charge.

WMoption - Review Conclusion

  • Various trading accounts
  • No demo account