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Option.FM Broker Review 2016

  • Min. Deposit $250
  • Min. Invest $1
  • Return 90%

With a popularity of binary options industry and constant growth of binary brokers on South African market, new broker became available for all traders, residing in South Africa; Option.FM.

Option Financial Market (Option.FM) is established in 2014 and operated by the Option.FM Ltd.

We reviewed this broker to test their platform and learn more about trading features and how South Africans can benefit from trading with Option.FM.

Below, you can read more about this broker in our Option.FM broker review which will provide traders with plenty of useful info and tips.

Option.FM Trading Platform

As discovered in Option.FM broker review, SpotOption is software they use for trading binary options. When traders are in search to find relevant information, they can navigate over easy to use platform. This is especially important to traders beginners who are about to start their binary trading journey.

Required minimum deposit with Option.FM broker is set to $250 with returns up to 90%. Lowest investment is just $1, while maximum investment is $8000. This broker also offers bonus, but it is advised to always check bonus policy. Option.FM accepts following currencies: USD, EUR anf GBP.

Option.FM Trading Features and Services

Option.FM offers a selection of different trade options to registered South African traders, such as 69 Seconds, One Touch, High/Low, Long Term and Ladder Options. Traders can also choose between following times of expiry: 30 s, 60 s, 2 min, 30 min, 1 hr, 24 hr + and end of day.

According to our Option.FM broker review, South African traders are able to choose between 200 different assets, including currencies, commodities, stocks and indices. Option.FM broker offers traders a welcome bonus of $100 to get them started.

As a great way to be accessible, Option.FM launched mobile app to their registered traders. With mobile platform, South Africans are able to access this platform via smartphones and tablets and also use it on Apple and Android devices.

Option.FM app is mostly used by busy traders who don’t have enough time to trade only via computers, but they want to have possibility to trade from anywhere.

 

Option FM

Option.FM Trading Accounts

Option.FM broker review shows how they offer exquisite list of 7 account types, including accounts for beginners and advanced traders. Check below detailed information about each trading account and its characteristics.

Option.FM Newbie account

  • Deposit $250 +
  • Trading manual materials

Option.FM Start-Up account

  • Deposit $2500 +
  • Trading manual materials
  • On disposal OFM Rewards Tier 5
  • Education – level 1
  • Trading packages

Option.FM Entrepreneur account

  • Deposit $5000 +
  • Trading manual materials
  • On disposal OFM Rewards Tier 5+4
  • Education – level 2
  • Limited protected capital
  • Trading packages

Option.FM Top Exec account

  • Deposit $10000 +
  • Trading manual materials
  • On disposal OFM Rewards Tier 5+4+3
  • Education – level 3
  • Unlimited protected capital
  • Trading packages

Option.FM CEO account

  • Deposit $25000 +
  • Trading manual materials
  • On disposal OFM Rewards Tier 5+4+3+2
  • Education – level 4
  • Unlimited protected capital
  • Trading packages
  • Class A + B traders
  • Upgraded investment returns

Option.FM Financier account

  • Deposit $40000 +
  • Trading manual materials
  • On disposal OFM Rewards Tier 5+4+3+2+1
  • Education – level 4
  • Unlimited protected capital
  • Trading packages
  • Class A + B traders
  • Upgraded investment returns
  • Suited portfolio

Option.FM Mogul account

  • Deposit $100000 +
  • Trading manual materials
  • On disposal OFM Rewards Tier 5+4+3+2+1
  • Unlimited education materials
  • Unlimited protected capital
  • Trading packages
  • Class A + B traders
  • Upgraded investment returns
  • Suited portfolio + vacation packages
Option FM

Option.FM Customer Support

In Option.FM broker review, we learnt how this broker provides possibility to contact their support via email [email protected], live chat and phone.

South African traders can dial +27 105 003 770 to get in touch with Option.FM customer support.

Other phones are available for: UK, France, Australia, Germany, Canada and New Zealand.
Their support agents are responsive and it is important to emphasize how support service is available 24/7.

In case traders want to find more information about the trading platform and available service, they can How to? Tab where info about depositing/withdrawing and trading basics will be provided.

Option.FM Banking Info

Option.FM provides their registered traders with a secure trading platform, guarding their financial and personal data. To ensure high security standards, Option.FM broker uses 128 bit SSL encryption technology to protects traders data for them not to be revealed to the third party.

To know more details about security, South Africans can check Compliance and Security & Privacy tab.

This broker accepts payment via different sources, such a e-wallet providers, bank transfer and debit/credit cards.

Accepted cards are: Maestro, Mastercard, Visa Electron, Visa and American Express. We were surprised to see how many e-wallets does Option.FM accept, such as WebMoney, QIWI, Boleto, Yandex.Money, PaySafe Card, SafetyPay, Moneta.ru and AstroPay.

Regarding withdrawals, South Africans first need to submit a withdrawal request. Traders should enter preferred amount to withdraw and currency. Once the request is completed, traders will get confirmation email.

Withdrawals executed via cards usually take up to 5 working days to be processed (request) and additional 2 days for funds to be on the account of registered traders.

Our Option.FM broker review also found out that there are no fees charged, which is excellent news to all traders who invest in binary options with this broker. Minimum withdrawal is set to $100.

Option FM - Review Conclusion

Option.FM Broker Review
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