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OptionBit Review

Since their launch, OptionBit has been recognized internationally as a leading binary options trading platform. Through the addition of assets from world-wide markets and providing unique trading options, a user-friendly platform and outstanding customer support they continue to grow and develop in keeping with traders’ needs and wants.

OptionBit – User Friendly

One of the main appeals of trading binary options is its simplicity. The platform is designed to be quickly understood by new traders who may not have had a previous understanding of the basic concepts of trading binary options. This simplicity is upheld throughout the easy-to-use platform which highlights trading tools, available assets, trading times and also features a glossary of commonly used trading terminology. Should clients have any questions the customer support team will gladly assist in answering them.

OptionBit – Assets & Expiry Times

In order to accommodate their international clientele, OptionBit features dozens of assets including currency pairs, commodities, indices and stock options from the US, European and Asian markets. Trade times range from 15 minutes to 1 month and traders have the option to close a trade early, extend the expiry time of a trade or use the “Auto-trade” option in order to plan a long-term trading strategy which allows traders to capitalize exponentially on market trends.

OptionBit – Customer Service

OptionBit provides personalized customer support to all of their clients. Upon an initial deposit, each client receives a personal account manager who assists them with any questions or inquiries they may have about the platform or their account. Account managers also provide clients with the newest bonus offers and any updates on the platform. Getting in contact with a personal account manager is simple: They can be contacted directly via email, telephone or through the instant messenger that is conveniently located on the OptionBit homepage.

That being said, as a member one will experience firsthand how customer support is a top priority at OptionBit and account managers check-in with clients regularly to see how their trading experience is and to offer assistance should it be needed.

If a client’s personal account manager is unavailable a customer service representative is always available to provide assistance.

OptionBit – Payout Rates

75-81% payouts on any trade that expires in-the-money.

OptionBit – Deposits & Withdrawals

Like the rest of the OptionBit platform the withdrawal process is quick and easy to navigate. In less than one minute and without the assistance of customer support, clients can make a withdrawal request through the “cashier” located in their online OptionBit account. Withdrawals are transferred to clients’ personal bank accounts.

There is no maximum withdrawal amount and the minimum withdrawal is $30. OptionBit offers one free withdrawal every calendar month and each subsequent withdrawal has a $30 fee. No commission is removed from any withdrawals regardless of the amount or date and time of the withdrawal.

Deposits are accepted from Visa, Mastercard, Moneybookers, Western Union and Wire Transfer. The minimum deposit for all payment methods is $200. OptionBit offers several different currencies that clients can choose to operate their accounts with; USD, EUR, GBP and RUB. Once a client’s initial deposit has been made in a chosen currency, their account will operate within that currency for all future deposits, withdrawals, bonuses and trading.

OptionBit – Algobit

Trade with Algobit- the analytic tool that will constantly search the portfolio of volatile markets and will alert you upon newly forming trends.

When trading with Algobit, you do not need to have the OptionBit platform open as well- when you sign in, you sign in to your existing account and your trades are executed directly from Algobit. Trading with Algobit provides you with the premium trading experience- the system alerts you about the most volatile trends in the market and allows you to trade easily and calmly.

Algobit Summary:

They are the first Binary Broker to introduced this in the industry
A test performed on their VIP traders proved this to be an increase of 22% profits
It is free to obtain this platform NOW (soon it will require a minimum deposit of $1000.00)
Real time feeds
Available in all languages
Allows for instant deposits

Quick Company Information

Year founded: 2010
Office Location: Cyprus
Phone numbers:
France +33.1.70615848
United States +1.415.3731665
United Kingdom +44.20.31500934
Spain +34.91.1877526

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Click here to open your free OptionBit account and receive your joining bonuses