GlobalOption Review - Is It A Scam?

(195 votes, average 3.35 out of 5)
GlobalOption Review - Is It A Scam? 3.35 average 5 based on 195 votes 195.

globaloption-reviewWelcome to our GlobalOption review site. If you keep reading you will find our comprehensive GlobalOption review. We will be looking into every little detail of this binary trading platform to uncover whether GlobalOption is a scam or in fact a legitimate trading platform.

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GlobalOption has been in existence since 2010 as a Cyprus based broker for binary options trading. WGM Services Ltd, is the owner of  GlobalOption and takes pride in providing clients with managers for personal accounts. GlobalOption are offering a 10% payout on out-of-the-money options and as much as 75% on in-the-money options. Please carry on reading for our comprehensive GlobalOption Review.

GlobalOption trading platform will allow you to trade on almost twenty-five underlying assets, which is not to the extent that the larger brokers are offering. Although GlobalOption.com is available in various languages such as English, German, Spanish, Arabic and Russian, there is no indication how to gain access to them and during our testing it had to be done manually.

Of course, there will be some pros and cons for GlobalOption.com just like any other trading platform, but it’s certainly offering something that is unique to the binary options trading market. Here are some of the features of this trading platform:

Global Option Review
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GlobalOption Review of User-Friendlieness
The GlobalOption website is really user-friendly with information on the homepage stating clearly that software download is not required. This means that you can easily trade binary options. There is a learning center at GlobalOption.com with the FAQs and Glossary sections which are very professional.

You can find more than enough features on GlobalOption.com to help you start trading binary options. As soon as you enter the site you will get an explanation to learn about what is involved in binary options, which is welcoming for new traders who would like to kick start trading in binary options. There is also a brief description with four steps about how to trade and you will find this on the GlobalOption.com homepage.

Assets and expiration times
You will have around twenty-five shares and stocks, indices, foreign currency pairs and commodities to choose from if you are trading binary options on this site; the market standard. However, the expiration times compensate for this with certainly one of the highest options on the market, which is an hour, a day, a week and a month.

Commissions, return rates and customer service
GlobalOption.com is offerring trading binary options for free, which means that you can trade with ease. It is free to withdraw with credit card, but check withdraws is $10 and wire transfer is $25.

For return rates, 75% is paid for in the money options and 10% for out of the money options. This means that regardless of the results, you will get back a percentage of the original deposit, which is above the average in this industry.

Customer service on GlobalOption.com is available via phone, email, call back, fax and live chat from a team that is known for being well-trained and very helpful. It's also possible to communicate with GlobalOption using any of the 6 support numbers.

A Review Of GlobalOption Deposit Options and Bonuses
The methods for deposit and withdrawal include debit/credit card withdrawal; check by mail; money bookers; wire transfer and Ukash.

A deposit into customer’s account is possible via bank transfers. However, GlobalOption will pay customers via checks or bank transfer. In order to authenticate clients and guarantee security during the transfer of data, this site uses a state-of-the-art SSL from GoDaddy, which is one of the leading web hosts and domain nowadays.

This trading platform offers top bonuses such as $300 bonus on $1000 deposit; $1000 bonus on $2500 deposit and $2500 bonus on $5000 deposit. The terms and conditions for the bonus are great as well.

Some additional features of GlobalOption
There are a number of features on this site, so if you get stuck when you are trading, you can find resources available to get right back into the game.

A demo account is provided for you on GlobalOption.com to start trading without risking funds; how to options with an introduction and explanation and a financial calendar with all the recent and upcoming economic activities.

The Glossary section is well put together and in-depth. Below the Options Trading tab, you will get an explanation for the terms such as American Binary Options; Binary Put Options; Binary Call Option; Binary Option Payoff and Strategy for Binary Call Option, Put Option and Options Trading. The top section of the homepage also features Reuter’s newsfeed with the latest rates for many top assets.

More about GlobalOption
Even though GlobalOption is relatively new they have proven themselves quickly to be really serious about taking good care of their traders. During the testing phase, it was a pleasant surprise to see a number of aspects in operation, especially support which deserves mentioning. In fact, when it comes to customer support it’s safe to say that quality is good as any other broker that is comes highly recommended.

The simple fact that GlobalOption are offering a functional demo account is actually a big plus, because this allows new traders with no experience to get started without losing any money. Absolutely no problems at all were encountered while our experts were testing out the trading options on this platform.

GlobalOption is definitely worth recommending for the facts pointed out in the above paragraphs. Besides there are other wonderful things that you will discover when you are ready to trade live with GlobalOption. Get in touch with their help and support team for more information by referring to “Option Free” once you have opened a trading account.

We hope that you have enjoyed reading our GlobalOption review and as you can see GlobalOption is NOT a scam and it a very safe trading environment. If you have your own GlobalOption scam story to share or your own review then please post it in the comments below for others to share.

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