Plus Option Review
A somewhat new binary options broker, Plus Option has become quite popular in Eastern Europe.
I have decided to take a close look at Plus Option so you can have an accurate and reliable review of this binary options broker.Visit Website
- A great mobile trading application
- Not Licensed
Plus Option Deposit & Withdrawal Methods
Plus Option Broker Information
- Incorporated: 2015
- License: None
- Minimum Deposit: $250
- Minimum Withdrawal:
- Minimum Trade:
- Demo Credits:
- 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
About Plus Option
Plus Option is owned and operated by Tradeplus Solutions Ltd who is based in the Marshall Islands.
The Plus Option trading platform is the popular Spot Options, and they have a wide range of assets investors can trade in. Traders can trade 30 second up to 5 minute options, as well as one touch, ladder, pairs and long term.
Also, Plus Option does work with automatic traders that allows you to let a robot do your trading for you.
Plus Option History
Plus Option has a short history.
Several investment professionals joined heads and founded Plus Options in 2015. They contracted with the makers of the Spot Options trading platform to provide the best trading experience possible.
Plus Option Bonus Terms And Conditions
Plus Option does offer some great bonuses for traders who deposit into their system, but with those bonuses are stipulations.
At Plus Option, the investor must make trades equal to, or above 20 times the bonus plus the deposit to be able to withdraw the bonus money and any profits made while it is in effect.
So, if you deposit $500 and receive a $100 bonus, you would have to trade a volume of $12,000.
Because of these stipulations, many seasoned binary options traders do not accept bonuses because of this.
Plus Option Withdrawal Terms and Conditions
Plus Option quickly works with withdrawal requests. The minimum withdrawal is $100 and will be processed back to your credit card up to your deposit amount. Any more will be sent via wire transfer.
You must send compliance documents before getting a withdrawal. Those documents consist of:
- A copy of your government issued photo ID
- A copy of a recent utility bill showing your name and address
- A copy of the credit card used
It could take up to 7 days for the funds to reach your account.
Plus Option Demo Account
plus Option does not offer a demo account.
Hopefully, in the future they will consider adding this option.
Plus Option Scam Watch
Plus Option is not yet licensed or regulated, but that does not mean that it is a scam.
After reviewing the way Plus Option handles their operations, I would have to say that Plus Option is far from being a scam.
They are operating in accordance with all regulations, and the fact that they use the Spot Option trading platform is another good sign. Spot Option is licensed and regulated by CySEC which means they will be choosy as to what binary options brokers they will contract with.
In my opinion, Plus Option is a safe binary options broker.
Plus Option Mobile Review
Plus Option has a great mobile trading platform. Many investors are quite happy with the mobile application that Plus Option has. You can get the app at the Google Playstore for android based mobile devices and at iTunes for Apple based mobile devices.