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  Optionbit Review
  OptionBit is an established broker for binary options that works on the Tradelogic platform. Here are our test experiences.
Optionbit Logo

Also within binary option trading, it is good strategy to distinguish oneself from the competition and to score with better performance and features. The Cyprus based trading brand OptionBit has not been around for very long but does impress interested parties and traders with a trading platform that is clearly structured and easy to use. On offer are first rate products, interestingly conceived features and easy to use tools not available with all trading platforms. This conforms to the company’s mission statement to help traders to maximize their gains and minimize their losses by offering a well organized trading platform.

Pfeil grün Trading Tools at Optionbit

OptionBit offers, according to their own assertion, exceedingly many assets for binary options. Be it Forex trading or utilizing significant indices such as Dow Jones, DAX or Nasdaq, shares of globally known large enterprises like Boeing, Microsoft or McDonalds, or foodstuffs or precious metals one wants to pursue, at OptionBit these possibilities are available. Term periods can be freely chosen, ranging from half an hour to a month. Here is the link: http://www.optionbit.com/

Among the selectable option types are high/low, one touch / no touch and range/boundary. Many customers start out at OptionBit with Forex trading before being attracted to binary options. There is brisk trade in common currency pairings. But traders can also transact in precious metals like gold and silver, oil, or share indices.

Call/put trading
With binary options the purpose of call/put trading is for the trader to correctly predict rate increases or decreases that have to occur within a determined time period. Starting point is the respective opening price.
One touch trading
The goal of the one touch option is to predict a rate value that has to occur within a predetermined time period. Correct prediction can yield up to 81% profit margin for the trader. An interesting feature is that at OptionBit investments can be made during the weekend. However in that case the possible profit margin is limited to a maximum of 300 percent. Losses can be incurred of a similar size.
Range/boundary trading
Using the option range, the idea is to correctly predict upward or downward rate development. A hefty 81% percent return can be realized in case of correct prediction. The rate must exceed, or fall short of, the quoted value.
60 Seconds
This trade extends for no more than a minute. One decides quickly, buys quickly, and within a minute will know the result.

The so called rollover option is available exclusively at OptionBit. It can be used to postpone the option’s expiration point. The standard profit margin at OptionBit is 81 percent in case of correct prediction. However unlike other brokers OptionBit does not offer any partial refund of the committed amount in case of loss.
Also an interesting feature is the autotrade option that allows for automatic placement of options. With this the expected profit margin can be increased to a maximum of 2000 percent. Another unusual feature at OptionBit is the weekend touch option which is available only on weekends.



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OptionBit Homepage

Pfeil grün Trading platform and security at Optionbit

Thanks to the clarity of the well structured OptionBit website, even trading novices can find their way around immediately and gain first experiences in trading. All payment processes are secured through SSL technology and are subject to encryption.

A useful feature is the possibility to terminate a trading operation before it reaches the term end time for safety reasons. This is used by the trader whenever the prediction initially appears to be correct, but the rate then unexpectedly moves in the opposite direction.

For people inexperienced in binary options a free demo account can be used for initial trading with only €500 play money as starting capital. Novices at OptionBit should wait before trading with real money until they understand the process and the risks of incorrect predictions. Wherever great gains can be realized, large losses are also possible.

Pfeil grün Customer service, banking & bonus at Optionbit

With an OptionBit real account traders can deal in several currencies, among others in U.S. Dollar, Euro or British Pound. The minimum deposit into the trading account is set at €200.  The committed trading amounts can range from €10 to maximal €1,000 per trade. With OptionBit each trader is granted as many trades as he likes to conduct concurrently. Other trading platforms limit the number of possible concurrent trades. Orders can range from €100 to €5,000. If a trade is concluded in the money, the possible profit margin ranges from 75 to 85 percent.
New customers are rewarded at OptionBit with a welcome bonus. Depending on the initial deposit into the OptionBit trading account this can amount to 20 percent after a deposit of between €500 and €1,999. If the new trader deposits between €2,000 and at most €4,999 into his trading account he will receive a 30 percent bonus additionally. All initial deposits above €5,000 are rewarded with a 40 percent bonus.

However the trader is not obliged to accept the bonus, because in many scenarios it will be forfeited if the required trading conditions are not met. Thus one should only accept it if one can meet the accompanying conditions and can realistically expect a payout in the end.

Customer support at OptionBit is good. The live chat is staffed with well informed personnel during 17 out of 24 hours. Trader can present their questions in several languages. In addition, problems can be discussed via telephone hotline or email. For access by phone there are three different land line numbers that can be called from different countries. The language choices at the OptionBit website are greater than those of several other trading platforms.  The OptionBit trading platform is currently available in German, English, French, Polish, Spanish, Portuguese, Turkish and Japanese.

The secure and easy to manage payment options are performed through credit card, bank transfer or Skrill Moneybookers. Services like PayPal or Neteller are currently not available. Trading accounts can be replenished with Euro, U.S. Dollar or British Pound.   

Pfeil grün Verdict on Optionbit

OptionBit provides a number of interesting features. Next to the other classic trading types the autotrade mode in particular is an innovative way of option trading. Customer service, bonus and general conditions are good, as is the assets portfolio. OptionBit can be tested, and one should remember to claim the new customer bonus. In trading too, our experience was positive.



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Pfeil grün Optionbit Website Preview:
 

Optionbit Rating
Overall: Stern Bewertung 1 SternStern Bewertung 1 SternStern Bewertung 1 SternStern Bewertung 1 SternStern Bewertung - halber Stern
Stocks: Stern Bewertung 1 SternStern Bewertung 1 SternStern Bewertung 1 SternStern Bewertung 1 Stern1 Stern Bewertung - halber Stern
Indices: Stern Bewertung 1 SternStern Bewertung 1 SternStern Bewertung 1 SternStern Bewertung 1 SternStern Bewertung 1 Stern
Currencies: Stern Bewertung 1 SternStern Bewertung 1 SternStern Bewertung 1 SternStern Bewertung 1 Stern1 Stern Bewertung - halber Stern
Commodities: Stern Bewertung 1 SternStern Bewertung 1 SternStern Bewertung 1 SternStern Bewertung 1 Stern
Trading Software: Stern Bewertung 1 SternStern Bewertung 1 SternStern Bewertung 1 SternStern Bewertung 1 Stern1 Stern Bewertung - halber Stern
Bonus: Stern Bewertung 1 SternStern Bewertung 1 SternStern Bewertung 1 SternStern Bewertung 1 Stern1 Stern Bewertung - halber Stern
Website: Stern Bewertung 1 SternStern Bewertung 1 SternStern Bewertung 1 SternStern Bewertung 1 SternStern Bewertung 1 Stern
Mobile: Mobile für iphone mobile für Android etc. Fehlanzeige!
Languages Englisch Language German Language Spanisch Italian French Português Русский
► Trade now at Optionbit ◄

Optionbit Informations
Website http://www.optionbit.com/
Asset Index at Optionbit
Currencies 12
Commodities 4
Indices 9
Stocks 31
Trading Information on Optionbit
Return up to 85%
High Yield Return up to 400%
Loss Coverage none
Min. Investment $/€ 10
Option Types High/Low, Touch, One Touch, Range, 60 Seconds
Expiry Times 60 Sec, 30, 60 Min, 24 h
Optionbit Infos
Demo Account no
Webtrader Software yes
Mobile Trading no
Bonus für Neukunden up to 50% on first deposit
Min. Deposit $/€ 200,-
Support at Optionbit
Working Hours: 24/7
Phone Intl. +44.20.31500934
Fax n/a
Support e-Mail support@Optionbit.com
Live Chat yes
Adresse Novox Capital Ltd.
Kafkasou 9 Nicosia,
Cyprus
► Trade now at Optionbit ◄

Optionbit Payment Options
Visa
Visa
Überweisung
Wire Transfer
Mastercard
Mastercard
Skrill Moneybookers
Skrill Moneybookers
► Trade now at Optionbit ◄
   
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