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PrestigeOption Broker Review 2016

  • Min. Deposit $250
  • Min. Invest $10
  • Return 88%

PrestigeOption is now closed. Have you heard about their new brand Prestige.fm?

PrestigeOption is one of the newest binary options brokers, who operate on South African market.

For that reason, we decided to review them and present to our readers in South Africa. Our PrestigeOption review will show how this broker can be safe to trade with and that is the most important segment when trading binary options.

Online since 2015, PrestigeOption is operated by the Lead Capital Markets Ltd.

Our PrestigeOption broker review showed how this is a regulated binary broker. Therefore, this broker tries to deliver the more safety possible in terms of depositing or withdrawing funds.

For more about this trading platform and available features, read below in our PrestigeOption broker review.

PrestigeOption Trading Platform

This broker uses Tradesmarter software as its trading platform. We believe navigating over this platform wouldn’t present any difficulties since interface is user-friendly and traders can easily get information they need.

Main tabs have drop-down menu, which simplify search process for interested South Africans.

Our PrestigeOption broker review showed how required minimum deposit is $250. With this broker it is possible to deposit in EUR and USD only. They offer payouts which can hit 88%, combined with possibility to reach unlimited bonus amount.

Minimum investment is $10, while there is no limit for maximum investment.

PrestigeOption Trading Features and Services

This broker gives access to exceptional trading features that support traders to adjust trade options, like 60 Seconds, High/Low, StrategiX and Pair Options.

In addition to that, trading signals and sell back feature is planned to make the platform incomparable. It is feasible to decrease the chances of loss up to thirty seconds when traders assume that the trade will end out of the money.

A variety of expiration times are on disposal for registered traders. They are: 30 s, 60 s, 2 min, 5 min, 15 min, 30 min, 1 hr, 24 hr+ and end of day/week/month.

Our PrestigeOption broker review revealed how this broker offer a wide range of underlying assets, which can be found under tab How it Works? Assets can be sorted in stocks, commodities, currencies and indices.

Conversely, traders are capable to double up if they think that trade will expire in the money. The Double Up feature is used for 30 seconds before the end of trade.

Clearly, investing funds through PrestigeOption means to enjoy binary tradiing experience. For interested bitcoins traders, the platform makes way to bitcoins currency pairs. 

As a great feature implemented on PrestigeOption platform is mobile application, which is especially intended for busy traders who are always on the go. This app is connected with both Android and Apple devices. App can also be used on smartphones and tablets, and not just on computers.

Profit bonus and Pending bonus are the two types of bonuses, available for PrestigeOption traders.

PrestigeOption

Profit Bonus

The Profit bonus is given before traders attain the target volume. It is possible to withdraw deposit after cancelling the bonus.

Pending Bonus

Non-traded bonus remains unconnected from background. It is permitted to trade or withdraw funds after accomplishing the target volume. Traders are allowed to take out profit as well as deposit at anytime; however the amount of bonus is being terminated. After achieving the target, bonus is transferred to the funds in form of unobstructed money to withdraw.

PrestigeOption Trading Accounts

PrestigeOption presents binary products as per the level of all traders. Professional and beginners feel comfortable as there are five trading account plans to choose from.

Binary options traders in South Africa with different levels of past experience and budget range can get exactly what they desire.

PrestigeOption Bronze Account

With $500 initial deposit and $10 for investment is demanded from beginners. After submitting initial deposit, members are given 25% bonus to take part in maximum trades. It is part of the trading account to give an access to tradable 100 assets along with a wide range of binary options.

PrestigeOption Silver Account

To open Silver account, $2500 minimum deposit is obligatory. There is an impressive range of trading options and more than 100 assets on disposal along with training sessions, video tutorials, market reviews (weekly) and 50% bonus.

PrestigeOption Gold Account

For the members of Gold account holders, at least $10,000 deposit is obligatory. Bonus up to 75% is given to members along with one training session, market review, money management intermedium plan and video training. Traders can use 3 trading sessions and get market news twice a week.

PrestigeOption VIP Account

A wide range of features are designed to entertain the professional traders. PrestigeOption allows its members to deposit at least $50,000 with 100% bonus. Moreover, VIP account members are also given access to daily market views, money management plan, wide range of binary options and 2% dividend.

PrestigeOption Platinum Account

Interested traders can get membership of this account by contacting with account manager. Candidates, who have received an invitation, are eligible to open Platinum account. Initial minimum deposit starts from $100,000.

PrestigeOption

PrestigeOption Customer Support Service

For this PrestigeOption broker review, we came across information how traders in South Africa are able to contact them via several ways:

Also, traders should know that working hours are Mondays to Thursdays 8.00 – 22.00. This trading platform is available not only on English, but on German and French also.

PrestigeOption offers advanced practical skills to train the South African and worldwide traders. Live webinars demonstrate the significant calendar events, whereas bit-by-bit guideline is provided through video centre.

The glossary is used to check various financial terms. South Africans can also check FAQ to get answers on several topics for trading process.

PrestigeOption Banking Info

PrestigeOption broker review demonstrates that the finest options are given irrespective of traders’ accounts. It becomes easy when devoted and experienced staff assists the traders from beginning of trade to fund withdrawal.

This broker allows bitcoin trading even for non-bitcoin customers. When new account is opened, traders get chance to utilize their funds in different types of binary options.

For account verification, proof of valid ID, Photo ID and address are necessary. It is notable that trading platform gives permission to transfer money to particular bank account that is opened on customer’s name. It is not allowed to transfer money to account of another person.

Available deposit methods found in our PrestigeOption review are:

  • Debit / credit cards – Maestro, Mastercard, Visa, JCB and Diners Club
  • Bank wire
  • E-wallets – iDeal, Skrill Moneybookers, CashU, WebMoney, Bancocontact, LightStream and QIWI

To begin trade, deposit 100 EUR or USD is required; however 500 Euro or USD is demanded while depositing from wire transfer.

PrestigeOption broker review showed how there is no minimum withdrawal amount. It requires three to five working days to receive funds.

PrestigeOption - Review Conclusion

PrestigeOption Broker Review
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