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PlusOption Broker Review 2016

  • Min. Deposit $250
  • Min. Invest $25
  • Return 87%

PlusOption broker is a new binary player for traders in South Africa, interested in binary options trading. This trading platform has launched alluring features to grab the attention of new and professional players.

This brokerage company is online since 2015 and owned by the Tradeplus Solutions Ltd.

In our PlusOption broker review, we will cover all the main segments of a trading process, from banking information and available trading features to customer support service.

PlusOption Trading Platform

Our PlusOption broker review showed us how preferred software they use in SpotOption, a leading binary software provider. Therefore, navigating over this site is easy and accessible to traders in South Africa.

SpotOption based trading site is easy to use. Attractive design, subtle colors and simple navigation system has made it tension-free for beginners to explore trading options, account types and follow trading techniques of professional traders to gain more and more profit.

Minimum deposit is $250 which encourages new players to invest their money to receive high turnover. Our PlusOption review revealed how payouts can go up to 87% with maximum bonus reaching $5000.

Lowest investment with PlusOption is $25 and highest investment is $2500. Available currencies to trade with are in USD, EUR and GBP.

As PlusOption broker is run by team of specialist of financial markets, they enabled traders to invest in binary options while trading on safe platform. To know more about available trading features, provided by this broker, traders can read below in PlusOption review.

PlusOption Trading Features and Services

Long Term, One Touch, Pairs, 60 Seconds and High/Low are available trade options, according to our PlusOption review. Each type of option has pretty standard for expiry time and prediction of asset’s movement. Traders are capable to place their trades with just $5, whereas maximum investment limit is $2,500.

To initiate trade, traders are given freedom to select from 56 assets, including commodities, stocks, currencies and indices. Full asset list can be find under Asset Index tab on PlusOption platform. Expiry time range from 60 s, 15 min, 30 min, 1 hr, 24 hr+ end of day/week/month.

We have also found out in PlusOption broker review how mobile trading is one of the services available for South African traders.

PlusOption admits the significance of mobile trading, it is the reason tablet, iPhone, iPad, Android and laptop options are given to facilitate busy traders. The platform is SpotOption based therefore it is simple to explore the trading site.

Mobile devices can be used to interact with this platform and is compatible with iOS and Android systems. Still, the trading company is establishing new features to fascinate the potential traders.

PlusOption broker review shows the dedication of broker for enabling an active, user-friendly and comprehensible system to trade irrespective of time and place.

It is bright side of PlusOption that plenty of bonuses are offered to all traders. After first deposit, traders are given match bonus up to 100% when an amount equal or greater than $3000 is submitted.

Later on, traders are awarded second deposit of more than $5000. There are a few brokers that are given high amount of bonuses. Moreover, traders are eligible to receive three to five risk-free trades. In case of referring the site to a friend, 10% bonus is given as an incentive.

PlusOption broker review states that more benefits are given to traders who have deposited highest deposit and have applied for prestigious account. There are predefined regulations for bonus and wagering terms 20x to withdraw bonus.


PlusOption Trading Accounts

This PlusOption broker review will show how traders in South Africa can choose among three account types. More about account characteristics, traders can find below.

PlusOption Mini Account

  • Required deposit $250
  • Lowest investment $5
  • Highest payout up to 82%

PlusOption Popular Account

  • Required deposit $500
  • Lowest investment $25
  • Highest payout up to 85%
  • Bonus up to 50%
  • 1 risk free trade + 1 sms signal/day
  • 3% interest rate/year
  • Strategy sessions- duration 2 weeks

PlusOption Premium Account

  • Required deposit $3000
  • Lowest investment $25
  • Highest payout up to 87%
  • Bonus up to 75%
  • 3 risk free trades + 2 sms signals/day
  • 5% interest rate/year
  • Strategy sessions- weekly

PlusOption Customer Support Service

Our PlusOption broker review shows how given customer service is available on English and Russian. However, we hope that communication facility in other languages will be available in future.

Customer service through email, live chat, online form and telephone is provided for immediate support in convenient and fast way.

Contact options are activated for working days, whereas phone option is open for working hours starting from 8:00 GMT to 00:00 GMT. Traders in South Africa can reach PlusOption on email [email protected].

Apart from contact services, this broker has provided a variety of learning materials with interesting articles, videos and FAQ, actually one of the best we had opportunity to review.

There are three parts of FAQ, categorized as general questions, detail concerning binary accounts and trading platform. Side by side, glossary is also provided to give detail of complex trading terms. Basic tutorials are offered to educate traders how to check assets and make accurate predictions after observing market movement. Live TV broadcast is supportive section that provides detail of trading options.

Similarly, economic calendar makes it possible to follow track of significant economic events that have great impact on trading activities. Advanced account holders are given opportunity to contact with account manager whenever they require support or an access to education center and webinars.

PlusOption Banking Info

To open an account with PlusOption, traders are required to fill the given fields and mention your name, location and email account. To prove the authenticity of customers’ detail, the trading platform asks for scanned documents’ copies.

To make a deposit, South Africans are able to select preferred currency, such as USD, EUR, GBP, AUD, CAD, JPY and CNY.

Our PlusOption broker review revealed how they offer an amazing list of different payment options, such as:

  • Debit and credit cards – Visa, Mastercard, AstroPay, American Express, Boleto Bancario and Todito card
  • Bank wire transfer
  • Bitcoin
  • Ewallets – Skrill Moneybookers, WebMoney, Neteller, QIWI, CashU Yandex.Money, eWire, DineroMail, GiroPay, SporoPay, Moneta.Ru, TicketSurf, Teleingreso, PostePay, UseMyBank and TrustPay

Although minimum initial deposit starts from $250; however the lowest withdrawal amount is just $50.

In case, traders need to take out more than $100, they have to use bank wire to transfer their funds. It is stated that all transactions above $10,000 are accomplished through bank wire; however the broker has not mentioned any fee concerning bank wire money transfer.

It is quality of PlusOption platform to enable binary traders to receive an instant withdrawal through e-wallets. On the other hand, credit cards and bank wire methods take almost 10 days to transfer funds in customers’ bank accounts.

All the representatives have detailed information regarding trading terms.

They are well-trained and know how to guide the traders. When binary trade is being placed by using PlusOption platform, no commission or fee is being taken from traders. Traders do not need to worry about withdrawals of their funds since the trading platform is secured with SSL technology.

PlusOption - Review Conclusion