Update 2015: We have recently found PowerOption to be a scam, this broker cannot be trusted. For further information please see Binary Options Trading Scams.
PowerOption was established in 2013 as the Binary Options trading platform for the reputable Forex broker AvaTrade. The service and training is provided by the same staff of trading experts at AvaTrade. The backing and support of a Forex broker can only enhance the confidence that traders will have while trading on a platform such as PowerOption.
Summary of PowerOption Review
Customer Service: Their support team is available 24/5 in English, Chinese and Arabic. Toll Free phone support in 10 countries. I found them very helpful and responsive when I contacted them.
Deposit/Withdrawal: Deposit via major credit cards, e payments or wire transfer. Withdrawals are processed within 5 business days.
Trading/Execution: Trading and execution was satisfactory.
Features: Power Option has a full range of trading choices including 60 Second Binary Options, One Touch Options, Range and Options on Demand.
Trading Education and Market Data
PowerOption will provide you with your own personal account manager, an experienced trading expert who gives you tips about how to improve your trading performance. You have access to an economic calendar as well as educational materials such as eBook and training videos.
Another important advantage to PowerOptions is that AvaTrade is licensed and regulated by the FSC giving you an added level of security knowing that the parent company must adhere to rules of fair play and customer account security.
PowerOption Trading Platform
Power Option offers trading in multiple assets among Currencies, Indices, Commodities and Stocks. Returns are as high as 85% per trade. Trading features include Standard High/Low or Call/Put options, 60 Second options and One Touch and Range options with yields up to 100%. They offer a unique feature called Option on Demand which allow you to choose the expiration and yield for a particular asset.
The trading platform is easy to navigate and offers dynamic color charts.
PowerOption Mobile App
The PowerOption Mobile App is available for both the Android and iPhone operating systems. The app is a fully functioning trading platform with all the features on the standard desktop version. App is modified specifically for use on the mobile screens. The mobile platform is an excellent way to trade binary options at any time.