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.