CTOption Review – U.S. Traders Welcome
It can be very daunting to find a true answer when the media is full of mixed reviews. Finding a broker you can trust with a reliable service is very important when starting out your binary options journey. First and foremost, you must make sure that your broker of choice is regulated. But if you’re from the US, no regulated broker will accept you because they fall under EU regulations. So you may have to do a little more digging. They following is a U.S. friendly review of the CTOption. Are they a scam? Are they reliable? Are they secure? I hope that our review will help answer all of your questions.
- Assets Offered – 100+
- Minimum Deposit – $250
- Minimum Trade Amount – $5
- Payout – up to 90%
- Platform – Panda TS
- US Traders Allowed – Yes
- Funding Methods – Major Credit and Debit Cards, Bank Wire, Ideal, Nordea Nettbank, LaCaixa, Web Money, MoneyBookers, and more…
- Web Based – yes -no downloading needed
- Mobile Trading – IOS & Android
- Bonus – up to 30% welcoming bonus
- Education – Articles, live webinars, learning videos
PresitigeBinary.com is actually quite excited to review the new CToption broker because most of the brokers that we go over are usually operated on Spotoption platforms. But in this case, CToption runs on a customized platform for called PandaTS. This system is not like what you would see in the majority of most brokers. Its overall color scheme is unique, extremely user-friendly and utilizes sophisticated technology to run both desktop and mobile sites. Even though CToption is one of many brokers that joined the binary world in 2013, the PandaTS platform has been around since 2006. Needless to say, that’s well before the erupting popularity of binary options trading. Regardless of this binary brokers newly insurrection, the CEO of CToption, Dr. Rudolph Smith, has managed to expand and reach over 90 different countries around the world.
In our research, on top of some great and positive reviews, we did find a number of complaints from disgruntled CToption customers. Among them lays a common subject referring to their opinion that CToptiion is a scam. The problem was the struggle of clients withdrawal requests being honored. On the other hand, CToption offers a 24 hour withdrawal process. This is actually one of the fastest proceedings and many other brokerages aren’t that quick. We managed to dig even more and found another correlating explanation: “Bonuses”
Bonuses are very common among binary brokers. In short, a broker can offer you a certain percentage bonus upon sign up. For example: your initial deposit is $200. You accept the 100% bonus, so now you have $400! Sounds exciting right? Yes it is! But there’s a catch, not a “trap”……you need to READ or ASK what are the brokers bonus contingencies. In some cases, accepting a deposit bonus means you must commit to 40+ trades or make 70% profit of the bonus amount. (This is just an example). Certain criteria must be accomplished before any withdrawals can be made. This doesn’t make a broker a scam or fraud. The problem is many binary traders don’t read the “fine print” and are later become disgruntled and blog on the internet saying “this” and “that” are scams. You can learn more on Binary Options Bonuses and what they consist of in my Binary Trader Bonus Review.
Apart from this negative group, there seems to be a plethora of satisfied customers who feel safe and secure in trading binary options with CToption system. We have found them to be among the favored and reliable for binary traders in the US and around the world – a trusted broker. This particular binary broker has accomplished a lot in only two years, and continues to remain committed to their valued customers. Striving for trustworthiness, transparency, and safety is very important when looking for a trusted broker to invest in binary options, and many traders have found CToption to be as such. Positive acknowledgement for their services have been noted by many binary option authorities such a FXEmpire and ForexPeaceArmy. Such authorities have been around this business for quite some time so their opinions on scams and trusted brokers are very valid.
Ctoption’s Special Features
CTOption platform offers a quick withdrawal process in a 24-hour period. Trading Socially with CTOption’s binary replicator system offers an analysis of how a trade is performed with complete monitoring online – A trader may choose to follow some top binary options traders. Automatic Trading is another alternative in wich one can follow simple signals and decide whether to manually implement them on their broker, or have them configured to trading automatically.
**CToption Demo accounts are available to any client no matter how much they deposit. This is ideal for novice binary options trader because it allows them to understand how binary options work without risking real money
CToption Customer Service & Education
CTOption perceives ones education to be a critical step in becoming a responsible and successful binary trader. You will find a plethora of learning resources such as articles, daily market news, learning videos and live webinars. Even if you miss a webinar, CToption will save them for a period of time for you to watch. Bilingual staff representatives are always available through the trading week. Available via live chat, email, or phone line. We have found them to be very professional.
CToption Safety and Reliability
Client deposits are segregated in separate TIER 1 Accounts. The website runs on SSL (Secure Socket Layer) and all credit card payments are encrypted by high end encryption systems implemented by banks and major retailers. Option traders can rest easy knowing that their investments are safe and trusted hands.
Final Thoughts on CToptions
We hope that our readers and followers find our CTOption.com review helpful. Fraudulent services and Scam brokers are everywhere, but PrestigeBinary doesn’t find CToption to be among them. Transparency and Trustworthiness is very important to them, as well as for us traders. These are among the qualities Prestigebinary.com looks into before we deem them worthy. If you have any experience with CTOption.com feel free to share it with us and comment below. You may also check out our other list of Trusted Brokers and other Recommended Binary Signal Services