MyOption.com Review
Established: 2013
Platform: TradeSmarter
Min. Deposit: $100
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Quick Summary
Doesn't Accepts US | Regulated | Payout | |
---|---|---|---|
Up to 80% |
Full Review
- Payout : 80%
- Minimum Deposit: $100
- Regulation: CySec/MiFID/FCA
- US Friendly: No
- Demo Account: Yes
- Bonus: Up to 200%
- Minimum Trade: $5
- No. of Assets: 90
- Asset Classes: Stocks, Currencies, Commodities, Indices
- Trading Features: Short Term Expiries (30 seconds, 60 seconds, 2 minutes, 5 minutes), Long Term Expiries (5 minutes, 10 minutes, 15minutes, 30 minutes, 1 hour, end of day & weekend), High/Low, Above/Below, Touch/No Touch, Range (Boundary), StrategiX
- Software Platform: TradeSmarter
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Trading and Features
Opening the MyOption home page takes you to a Sign up/Login page. When you log into the account you can use the trading platform: The trading screen shows 4 trading tabs: High/Low, StrategiX (Above/Below, One Touch/No Touch, Range), 60 Seconds
High/Low Binary Options
They allow investors to predict whether the price of a selected asset will finish, higher or lower than a selected price at expiry time.
StrategiX
It is the innovative four-in-one business panel which consists of the numerous exotic binary options. The panel is equipped with special tools for quick response and trading decisions. The panel includes a special slider which allows the fastest traders to adjust prices visually in accordance with the preferred payouts.
60 Second Binary Options:
60 Second Binary options are the same as standard High/Low Options except the expiration time is 60 seconds.
How to Trade on MyOption
From the trading screen choose the asset to trade. The example shows the EUR/USD pair with 60 sec.option. It was CALL option chosen, $10 invested, 80% return and also one can you use advanced features as Sell back, Double Up or Hedge. Sell Back. This feature makes possible to reduce a possible total loss. After the buying of the option, you can see that the performance gained its maximum value and perhaps soon the market will begin to decline. You ask for the price at which the broker is willing to buy back the option from you. Double Up. With a simple click it allows you to ‘double up’ your investment amount that you originally placed on the contract is instantly doubled. As a result both the potential profit and liability are doubled at this point. Hedging. This feature was created to decrease the risk of investment by using put options, call options, future contracts or short selling methods. You should to make a bet twice – on the price of the product going up and down. With doing that you will create a situation when both of your bets can win and one of them will 100% win. MyOption offers risk free and first trade risk free (10%-50% returns in the case of “out-of-money” trade).
Open your account now at MyOption