Magnum Options Review

Magnum Options Review

This page contains a detailed review of the ‘Magnum Options Binary Options Trading Platform‘.

Magnum Options Executive Summary

Product Name:

Magnum Options

Magnum Options

Refund Rate: 
Not Applicable – Free to join
Product Description:
Binary options trading website
Product Developer:
Magnum Options
Developer Qualifications:
Magnum Options has been educating traders since early 2013 – privately owned by professional investors with combined decades of experience within the online trading industry. The day to day running of the brokerage is managed by a team of experienced online trading professionals who all understand the needs and wants of all their customers. Magnum Options offers both novice and experienced traders their own custom tailored education package based on their requirements – determined and tutored by the expert trading professionals at Magnum Options.
Product Specifications:
Magnum Options is a state of the art web based binary options trading platform. Mangum offers a superior trading package which combines a sleek mobile application, with an easy to follow web platform. The mobile application is standard to all users, facilitating binary options trading whether at home or on the road.
Official Domain Name:
Brand/Company:
Magnum Options is a brand of Prestige Holdings Ltd
Investment:
It is free to join Magnum Options and the minimum deposit is $200
Deposit Methods:
Visa/Mastercard or Wire Transfer
Guarantee:
Upto 550% payout return on each trade
Refund protection:
N/A – Free to join
Joining bonus:
(Exclusive to TradingReviews) 100pc guaranteed bonus on initial deposit amount

Our bonuses:
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Click here to open your free Magnum Options account and receive your 30% joining bonus

Magnum Options Review

The Magnum platform is web based eliminating some of the difficulties associated with platforms that require a download. Magnum Options provides a wide range of underlying assets which allow users to take broad based or specific views that capture movements within the capital markets.

Magnum Options was established in early 2013, and uses the latest technology for Binary Options traders including the advantages of the world class “Spot Option” platform as its back bone.

Assets and Expire Times

Magnum Options provides access to a variety of capital markets instruments which include over 60 underlying assets using multiple timeframes to execute binary options. The baseline return an investor can achieve is as high as 81% on investments.

Additionally, Magnum has a return policy for “out-of-the-money” options which is a percentage of the initial trade price. The return policy is outside the normal practices of most binary options brokers in the market, and gives a return even when you make a miscalculated trade.

The platform provides a convenient range of maturities with expiry times for most assets that fall in the range of hourly, daily, weekly and monthly.

Assets Include:

22 stocks
7 commodities
9 currency pairs
23 indices

Types of Binary Options

Magnum offers 5 Different Types of Binary Options Trades. These include:

60 Second: This style of binary option allows a trader to start the transaction at his convenience, and walk away with a significant profit only 1 minute after the trade is initiated. The ability to conveniently control the start time makes this style of binary options trading a clear favorite for event driven activity.

Binary Options Calls and Puts: This trading method has predetermined payout that provides a return to an investor by successfully determining if an underlying security is above or below the strike price.

One Touch: This binary option returns a pre-determined fixed payout once the price of the underlying asset touches or surpasses a predetermined strike price. To receive this payout your asset must touch or surpass the predetermined level just once during the lifetime of the trade.

Option Builder: The Option Builder feature allows traders to customize the transaction process. An investor can choose the expiry times, the risk and reward profile, the asset and maturity to achieve the most efficient and profitable situation. This state of the art process, allows traders to generate customized strategies that can secure substantial profits.

Option Pro: Is a strategy that provides access to the most advanced charts and information available for each and every underlying asset. This includes historical trends, current market signals and much more. If you use technical analysis while trading binary options, this feature is absolutely priceless.

Customer Service

The platform used by Magnum options appeals to all traders, from the more experienced to the novice. The user interface is simple and easy to understand and you have access to all of the data and tools you need to enter the binary options trading environment. To add to this efficient easy to use platform, Magnum offers friendly customer service that will walk customers through all the nuances of the Magnum platform.

Magnum Options offers a customer service very rarely seen in this industry; going above and beyond what is usually required. The company offers access to customer service 24 hours a day, 7 days a week via Phone, Email, Chat or Skype.

Education

Magnum Options is considered the number one trusted broker in Binary Options education, with robust one-on-one expert trader educational services which assists in the process of designing and executing trading strategies.

Educational tools and strategy formation is where Magnum Options really stands out from the crowd. Magnum Options has an experienced team of bilingual binary options traders from all different backgrounds to assist traders in all aspects of Binary Options education.

Deposits and Withdrawals

The Website has an easy to use banking and accounts page. For the non-English speakers, the site offers display in Italian and German also makes it a highly beneficial and appealing platform for trading. Magnum’s fast withdrawal timing system facilitates the process of getting your money.

Membership Accounts have a minimum deposit is $200. Membership sign up is easy and they have a large variety of different leveled packages dependent on how much you deposit and the benefits you want to utilize as a trader. The unique Magnum Elite package provides traders with a wealth of tools, service and educational programs. The program has substantial benefits which include daily and weekly market reviews, a dedicated personal trading advisor and account manager, free daily signals and hot watch charts, free weekly strategies, as well as


Click here to open your free Magnum Options account and receive your joining bonuses

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