OptionField.com Review OptionField Offers binary options trading, demo contests, three trading platforms (Webtrader, desktop and mobile) and a choice of Classic, Pro and Elite account types.
They are a relatively new broker claiming to have the best customer service and guaranteed withdrawals. It is owned by Optionfield Limited, a company registered in St. Vincent and the Grenadines #24466 IBC 2018.
IMPORTANT FACTS:
Minimum deposit: €/£/$ 5 (recommended €€/£/$ 100)
Payout: Up to 93%
Demo: Yes
Control: no
Bonus: Pro Account Access Discount, 10% Cashback (Terms and Conditions Apply)
The trading platform is a good platform based on the MT4 desktop client and is powered by the MT4 Binary Options Plug-in available through the broker (the plugin is proprietary to OptionField and does not work with other brokers).
To trade simply click on an asset in the MarketWatch window to open the chart, double click to open a new trading window, once the trade window opens you can select an expiry and direction then click enter and your trade will be set. There is a mobile app so you can trade anywhere.
The platform is available on desktop via mobile.
Expiry is set up like old school binary brokers shortest is 60 seconds and goes through many types of intraday and end of expiry no long term option available.
The asset list is ok if you like Forex trading. But what you will be able to trade is Forex. (That’s what MT4 is set to do) and the gold/USD based pair they are trading. Cryptocurrency once, but they disabled it because “interest is not as high as we expected.
The best part of the platform is MT4 and it comes with all the bells and whistles and tools you would expect to find.The binary platform also allows you to trade with expert advisors.
Trading Demo
Demo trading is available. But you will need to provide full registration to use it, the good thing is that they have demo contests where you can win real money. (No Deposit Required) The reward level is now $2000.
Deposit and Withdrawal
Deposits are as super easy as ever and are facilitated with credit cards, money transfers, eWallets and cryptocurrencies. You can deposit in BTC, LTC and ETH among other methods. In all cases, bank transfer records have money available immediately, the recommended deposit is €/£/$100, but the actual minimum is €/£/$5, with a minimum trade of $5, but come along. with almost no properties
The next highest level is the Pro level, it has $2000 minimum deposit, $10 minimum trade and some features, the current promotion at OptionField offers Pro account access for $500 not $2000.
Guaranteed Withdrawal But times may vary from company to company. Withdrawals are aimed in a few hours but not more than 1 day. Withdrawals can also be affected by different bonus amounts which will require a 50X turnover of the bonus amount, so consider the full terms and conditions. Before choosing to receive a bonus, you can cancel at any time.
Bonus
Current bonus offers include Pro account access, discounts and 10% cashback on trades. crypto terms and conditions apply, including turnover requirements – check carefully to ensure any bonuses will work for you and not cause you to over trade bonus schemes require you to “opt in” – not mandatory or is it automatic
Dissatisfaction
The relatively new brand OptionField does not complain, checks all bonus offers or contests in terms and conditions and provides all relevant information before withdrawal, these are still the main causes of disputes between traders and brokers.
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