BMBOption is no longer in business and has been added to our list of shut down brokers. For our current list of Approved Brokers Click Here>> Review

tradeopus-approved-2015-lgTO logo bmboption

Established: 2015

Platform: SpotOption

Min. Deposit: $250

Quick Summary

Doesn't Accepts USRegulationPayout
accepts usNoneUp to 89%

Full Review

For binary option traders (beginners as well as professional -level ones) willing to put in some time and work for the sake of profits, Benedict Morris Binary Options is the destination. The broker is focused on making its traders as profitable as possible through education, hard work and perseverance. There are no short-cuts at BMBOption and the amount of educational material provided by the site may seem daunting indeed, but their stellar record regarding trader success speaks volumes for the rather unique business model they’ve chosen.

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Trader Info
  • Payout : 89%
  • Minimum Deposit: $250
  • Regulation: No
  • US Friendly: No
  • Demo Account: Post Deposit
  • Bonus: Up to 100%
  • Minimum Trade: $5
Platform Overview
  • No. of Assets: 173
  • Asset Classes: Stocks, Currencies, Commodities, Indices
  • Trading Features: Binary options , Pairs , Long term , 60 Second , One touch , Ladder
  • Software Platform: SpotOption

Minimum Deposit

The minimum deposit at bmboption is $250, which makes perfect sense in light of the fact that the site wants its traders to succeed. Coupled with the 100% match bonus, such a deposit gives traders a solid-enough bankroll to start off of.

Broker Information

The bmboption platform is one of the strengths of the operation, in addition to the educational features of course. It is outstanding in every respect, but when it comes to asset-selection, it is downright unbeatable. It covers almost 100 tradable stocks and while there are just 8 commodities, almost 50 indices can be traded as well and some 25 currency pairs. The platform also features a number of built-in trading tools and it’s one of the safest trading environments out there. Besides the plain Put/Call binary options, traders can choose from a selection of other trades too: there are 60-second options for those adventurous and looking for quick profits, long-term profits for the careful and strategy-savvy, pairs, one touch options and ladder options. Perhaps the greatest thing about the bmboption platform is however that it’s available for various mobile platforms too, with all its features intact. By creating demo accounts, traders will be able to put their strategies/trading systems to the test in a safe, risk-free yet realistic environment. The bmboption customer-service is top-notch. Support can be contacted through email and through toll-free phone and a live chat option is apparently also in the works. The support staff is knowledgeable and they are truly eager to help. Some of these guys are obviously trading professionals. The education-focused part of the site is comprised of three sections and it contains an impressive amount of useful data. The video library is outstanding. Through the tutorials and trading lessons it makes available for free, it covers the binary options trading journey from start to finish one step at a time. There’s a downloadable eBook as well as eCourses that one can take to interactively enhance/verify his/her trading knowledge.


All the above tossed into the balance, it is clear that bmboption is indeed a top destination for performance-focused traders. At the end of the day – regardless of the fun aspect of the activity – profits provide the only true measure of success and this operator is obsessed with the profits and success of its traders. While actual success cannot be guaranteed obviously, those who make use of the bmboption tools and take the time to go through their videos/eCourses will have made the task much easier for themselves.

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