What You Need to Know

Top Option Review

TopOption-logo

As the first EU regulated binary options broker, TopOption sets the tone with its deluxe reputation, transparency and customers’ safety of funds and privacy. Having markets.com, a leader in the Forex industry, as its partner, TopOption is the trading address for both novice and professional traders.

Company Safecap Investments Ltd.
URL www.topoption.com
Founded 2011
Based in Cyprus
Platform SpotOption
Regulation FCA, CySEC, MiFid, Consob, ASIC and FBS 
Languages English, French, Spanish, German, Russian, Italian, Arabic, Japanese, Polish, Dutch, Swedish,
Currencies USD, CAD, EUR, GBP, Yen, PLN
Deposit Options Credit/Debit Card (VISA, Mastercard, Diners Club), Skrill (MoneyBookers), Wire Transfer, Neteller(NeoSurf), WebMoney, Fast Bank Transfer, Wire Transfer
Withdrawal Options Credit/Debit Card (VISA, Mastercard, Maestro, …), Wire Transfer, Skrill (MoneyBookers), Neteller, WebMoney
Minimum 1st Deposit €/£/$100
Minimum Trade €/£/$10
Maximum Trade €/£/$999999
Bonus 100% up to €/£/$500
Payout 85%
Account Types Starter, PRO, VIP
Return to Loss up to 20%
Number of Assets 180
Types Of Assets Commodities, Currencies, Stocks, Indices
Expiry Times 60 Seconds, High / Low, One-Touch, Option Builder, Pro Option, Pairs
Demo account
Mobile trading Launched soon
USA friendly
Support E-mail: support@topoption.comPhone: +35-722-222-039

Live-chat

Overall Score 89/100

Pros and Cons

While the only con we could find for TopOption is their reluctance to accept USA traders (a con mainly for US traders!), other world regions could find nothing but pros. With a minimum investment as low as 100£/$/€ and payouts of up to 500%- the potential gain is higher than high. Traders’ safety is unequivocal with protecting regulations worldwide. Another notable pro is the up to 20% return on loss when trading the Option Builder mode and the undeniable fact of ZERO commission on trades, deposits and withdrawals.

Platform

The platform operated by TopOption is SpotOption, which is an industry known platform that fits to all sort of traders since it is amazingly simple and moreover- super intuitive. Newcomers to the world of trading and binary options would find themselves as comfortable trading as expert traders.

Account types

The account types offered by TopOption are as diverse as their trading options!

The Starter’s Account is offered for a minimum deposit of $100 and an up to $250 welcome bonus, surely charging zero commission or trading fees. With these new traders will enjoy a free Starter Guide to Binary Options trading and a personal 1-on-1 introduction to the market.

The Pro’s Account is offered for a minimum deposit of $1,000 and a welcome bonus of up to $500. A professional account manager will be assigned to your account and will offer 3 hours of training, on a monthly basis which will be followed upon with advanced trading guides.

The VIP Account is offered for a minimum deposit of $5,000 and with a welcome bonus of up to $2,000. A trading specialist will be assigned to manage the account, offering unlimited 1-on-1 training sessions completed with the advanced trading guides.

Trade Types

As already stated before, TopOption offers its traders a variety of trade types ranging from the most simple to the most advanced ones. The classic binary option Call\Put option, allows traders to simply determine whether the price of the chosen asset will go up or down, choose the expiry time and their investment.

The Option Builder is a magnificent tool for beginning traders since it allows them to set their own risk on any option! When opening a regular $100 trade, traders have a potential payout of $185 (85%) or a loss of $100 (100%) ; with the option builder traders can set the ratio themselves- payout of 70% loss of 30%, payout of 50% loss of 50%- traders are no longer limited to set payouts!

The One Touch options grants traders with a 500% payout once the assets price touches a predetermined rate.

The loved 60 second options are identical to the classic binary option, but with a single difference- they expire within 60 seconds, allowing maximum excitement and prompt profits, especially with trending markets.

The Pro Option is completely unique to TopOption and allows traders maximum flexibility with their trades in order to maximize their profits and minimize their losses. Among these possibilities are closing trades before expiry time, extending trades to the next expiry time or doubling the investment when the trade is a clear winning one.

Payments

Deposits:

There is nothing easier than making a deposit with TopOption- simply log into My Account tab and click on Deposit Funds. Then select your payment method, fill in the needed details, click deposit and star trading!

Credit Cards:

The credit card used with TOPOPTION must match the name on the account. TOPOPTION accepts Visa, MasterCard and Diner’s. The maximum deposits is 20.000$ per 7 days.

Wire Transfer:

Transfer unlimited funds in your local currency. Duration for arriving: up to 5 business days.

Neteller (NeoSurf):

Whether you want to pay via the web, NETELLER gives you the freedom to spend your money the way you want, online and off. Duration for arriving: instantly. Maximum deposits: 5.000$.

Skrill (Moneybookers)

Skrill allows you to complete transactions with only an email address and password. With over 100 local payment options to choose from, it’s easy to fund your account! Duration for arriving: instantly. Maximum deposits: 5.000$.

WebMoney

Webmoney is a powerful system that enables Internet users to conduct safe transactions in real time using WebMoney units (WM-units). Duration for arriving: instantly. Maximum deposits: 5.000$.

Fast Bank Transfer:

You can transfer funds in your local currency – this saves conversion costs and fees and is a much faster transfer service than normal wire or banking transfers. Maximum deposits: 10.000$.

Withdrawals:

Withdrawing your profits from TopOption is super easy. To make a withdrawal, simply login to My Account and click on Withdraw Funds. Fill in the amount that you wish to withdraw. Please allow up to 7 business days to receive your funds (although 57 business days are their official promise, most withdrawals reach their owners much sooner than that). The funds will be returned to the account from which the funds were debited.

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