One of the newest binary options brokers is NowOption. Now Option Technologies Ltd created and controls NowOption from its headquarters in London. Incorporated in Cyprus, this new broker has been a hit with both veteran binary options traders and newbies looking to get their feet wet in binary options trading.
NowOption uses the Tradologic Platform that is easy to use. I must admit that as I examine NowOption’s binary options website and trading system, I am quite impressed.Visit Website
- A huge list of assets
- Demo account availability
- United States traders allowed
- Not yet licensed
NowOption Deposit & Withdrawal Methods
NowOption Broker Information
- Company:Now Option Technologies Ltd
- Minimum Deposit:$100
- Minimum Withdrawal:$100
- Minimum Trade:$10
- Demo Credits:Yes
- High/Low, Pairs, One Touch, Ladder, Forex
- 30 sec, 60 sec, 90 sec, 2 min, 5 min, 15 min, 30 min, 45 min, 1 hour, End Of Day
- iPhone, iPad, Android
NowOption is one of the newest binary options brokers on the world wide web. In 2015, NowOption.com went live and traders seemed to flock to this website in droves. NowOption uses the Tradologic Platform which allows traders the advantage of trading binary options via:
- One Touch
- and Range
NowOption offers an amazing amount of assets for traders. 11 different commodities, 16 currency pairs, 25 various indices and 125 stocks are available for binary options traders.
NowOption also offers a demo account so traders can try out their system before actually depositing their hard-earned money. Also, NowOption has a wide variety of educational information to provide an extra edge for traders.
NowOption really has very little history. In early 2015, Now Option Technologies Ltd incorporated in what seems to be the binary options capital of the world…Cyprus. They then worked hand-in-hand with Tradologic Technologies and developed the on-line binary options brokerage of NowOption.com. Upon doing so, the company opened their primary headquarters in London.
NowOption Terms And Conditions
Every wise investor always studies the fine print before depositing money. I decided to review the terms and conditions at the NowOption website, and I will share some of the more important ones here. I suggest you review them completely before depositing money.
- Traders must be over 18 to use NowOption
- Identification documents NowOption.com could ask for are, but not limited to, ID proof such as valid Passport or Driving License and Residence proof such as a utility bill or bank statement not older than 3 months
- Financial information on the website is not meant as financial advice
These are just a bit of the terms and conditions. As stated earlier, I recommend you review them completely.
NowOption Withdrawal and Bonus Terms and Conditions
NowOption follows the standard practices in withdrawals. The lowest withdrawal amount is $100 and will be given back in the same form as your deposit. You will have to provide the proper identification and copies of the credit card used with numbers blacked out except the last 4. Processing of withdrawals takes 2-3 days by NowOption and the funds will be transferred in 5-7 business days.
When a trader accepts a bonus from NowOption, that trader must make trades in the amount of 30 times the bonus amount before it can be withdrawn. So, if a trader receives a bonus of $100, he/she must trade a total of $3,000 before they can withdraw. It is wise to consider this strongly before accepting any bonuses.
NowOption Demo Account
Another great part of NowOptions trading platform is the availability of a demo account. You can try out the system with “play money” before you actually deposit your own money. Along with this, NowOption also offers a wide variety of educational resources that you can use to learn more about binary options trading. They also have a blog that gives recent industry news and market information.
NowOption On Mobile
NowOption has also recently released mobile applications of their trading platform. Some traders have found these difficult to use, but I am sure the engineers at NowOption are working on an easier to use mobile system. You can get the applications at the Apple App Store and the Google Playstore.
NowOption Scam Watch
I really think that those behind NowOption.com are running a safe and reliable binary options trading system. The website and everything about the company seems transparent, and I truly believe NowOption will have no difficulty attaining licensing from CySEC.
Personally, I am excited about the NowOption binary options trading system. With a low deposit method of $100, I believe it will be a great system to use. Add that with the huge amount of trading assets NowOption offers, I think binary options traders will find this a great binary options broker to work with.
They are still new, and I cannot find where anyone has complained about withdrawals. If you have used the NowOption trading system, we would love to hear your views. I would also love to hear from any traders who have withdrew winnings. Did it go smoothly?
Why not sign up for a free account and try the demo package to see how it works? I believe I will.