RBOptions is a well-known binary options broker that sets out to deliver a professional service to traders. Offering an excellent range of trading tools and features as well as same-day withdrawals, RBOptions’ platform is an attractive option for many traders. This broker claims to offer one of the highest paying platforms in the industry with up to 88% profit per successful trade together with free one-on-one trading sessions for all new traders. However, we have found a lot of negative user-feedback online suggesting they ‘don’t live up to the hype’, falling down on withdrawal complaints and poor customer service.
- Cutting-edge SpotOption trading platform
- High payouts of up to 88%
- One-on-one training
- Demo account available
- Over 100 tradable assets
- Not regulated
- Withdrawal complaints
Deposit & Withdrawal Methods
- Founded: 2012
- Company: Zulutoys Ltd
- Incorporated: Marshall Islands
- License: No
- Platform: SpotOption
- Minimum Deposit: $250
- Minimum Withdrawal:
- Returns: 88%
- Minimum Trade:
- Demo Credits: Yes
- Binary Options, Pairs, Long Term, 60 Seconds, One Touch, FX/CFD, SpotFollow
- 30 sec, 60 sec, 90 sec, 2 min, 5 min, 15 min, 30 min, 45 min, 1 hour, End Of Day
- iPhone, iPad, Android
RBOptions is a fairly well-established binary options broker which is well known in the trading community. Its comprehensive trading package incorporates a wide selection of tools and features, enabling traders to maximise their profits, whatever asset they choose to trade. RBOptions claims to offer one of the highest paying platforms in the industry with returns of up to 88% on successful trades.
Using the latest cutting-edge SpotOption platform, RBOptions offers traders a variety of trade types including Binary options, Pairs, Long Term, 60 Seconds, One Touch, FX/CFD and SpotFollow, which is ideal for novice traders who can follow the trading activities of more experienced investors. The trading platform is easy-to-use and includes Rollover, Double Up, Sell Early and an exclusive Stop-Loss feature which allows traders to sell their position before expiry to limit potential losses in the event that the markets change mid-trade. Traders have a choice of over 100 tradable assets including forex, stocks, commodities and indices.
In terms of education, RBOptions offers a full education suite including a complete video centre consisting of video tutorials covering binary basics through to advanced trading strategies and techniques. Its education suite is complimented by an in-depth binary options e-book, trading analysis methods, advanced articles, market analysis and free monthly webinars. All new traders are also entitled to a personal one-on-one trading session with a senior broker and have access to 24/7 live chat support from its customer service team. For clients wishing to trade in higher volumes, a 24/7 dedicated management team is available consisting of 2 senior brokers and a dedicated customer service representative to ensure that all enquiries and trading requirements are met.
Opening an account is straightforward and can be done with a minimum investment amount of $250 which is fundable by credit/debit card, Skrill or bank wire transfer.
Overall, RBOptions appears to be a professional broker. A great trading platform with a clear, informative and easy-to-navigate website leaves a good impression. However, there are many complaints online about this broker regarding withdrawal issues and also relating to the fact that most of its features are only available to traders who are willing to invest large sums of money. Many clients have observed that the minimum deposit of $250 gets you pretty much nothing and even those opting for the Silver account still find it very limited. Hence, in order to get the best out of RBOptions, a trader needs to look at a much higher investment which we would not recommended for those just starting out. We therefore suggest looking elsewhere, especially as RBOptions is also an unregulated broker.
RBOptions is comprised of a team of experts who have worked in the trading industry including other binary options companies, forex trading groups and various banking and investment companies. RB Options was founded in 2012 and is owned by Zulutoys Ltd, Marshall Islands.
RBOptions Bonus Terms & Conditions
RBOptions offers its clients a wide range of bonuses and rewards. Welcome bonuses range from 25% up to 150% depending on the account type opened. All bonuses require traders to generate a volume of 20 times the bonus plus the initial deposit prior to withdrawals being permitted. We always recommend that traders do not accept a bonus unless they know how to utilise it to their advantage and also because, at least where RBOptions is concerned, clients have experienced withdrawal issues.
RBOptions Withdrawal Terms & Conditions
Withdrawals are handled by RBOptions’ finance department. Identification documents must be submitted in advance in order to process a withdrawal including photo ID, proof of address and a copy of the credit card, if used, for the initial deposit. RBOptions charges no withdrawal fees for credit cards and covers the withdrawal fees for the first two withdrawals of a calendar month. Subsequent withdrawals incur a processing charge of $30 which covers the transfer fee.
RBOptions claims to be the only binary options broker to offer same-day withdrawal approvals. Once a trader’s account is verified funds may be available as early as 24 hours (with Skrill) after a withdrawal request is submitted. Otherwise, it can take up to 3 business days to process the request and an additional 3-7 days for the funds to show in a trader’s account. The minimum withdrawal amount is $100.
RBOptions Demo Account
RBOptions provides all its traders with an unlimited demo account upon real account activation for the purpose of carrying out practice trades and trying out new trading strategies. After registering, traders should contact their account manager in order to utilise their demo account.
RBOptions Scam Watch
RBOptions gives the impression of being a good broker even though they are not regulated. With its cutting-edge platform and user-friendly website, they appear to have gone to great lengths to help traders achieve success by means of a good range of tools and features, training and signals for their VIP clients, education and webinars and the possibility to make same-day withdrawals. However, since we are aware of the number of complaints in circulation regarding withdrawals and poor customer service, we would advise that traders proceed cautiously or choose another broker with a better reputation.
RBOptions Mobile App Review
RBOptions trading app enables traders to stay connected with the global market and never miss a trading opportunity. Available for iOS and Android, RBOptions mobile app makes binary options trading simple. Traders can download the free application to gain instant access to all the features and benefits of the web-based platform including live and dynamic charts of every option, the chance to open and close trades with instant execution and the ability to view expired options and full trading history while on the go.
RBoptions Broker Review – Video Transcript
So this is a broker that is on a SpotOption platform. It also accepts USA traders. So let’s get into it. OK, so the pros and cons of RBoptions are, first we’ll go through the pros. The pros are they accept USA residents.
They have multiple currencies which you can start your accounts in. They also offer a demo accounts.
The only con is that they’re not regulated. That’s usually quite common with brokers that accept USA traders. Generally, they’re not going to be regulated. That’s not necessarily a bad thing that they’re not regulated. There’s many trustworthy brokers out there. And RBoptions are one of those.
So moving on, to they are founded in 2013. So they’ve been around for nearly two years. As I mentioned before, they are not regulated. So they have their telephone number is there. And their support email is firstname.lastname@example.org. And their headquarters is actually in Toronto in Canada.
So more importantly, let’s go through the RBoptions account types. So you’re going to actually get returns up to 88%. Your minimum deposit need to be $250. Your minimum investment is $5. Maximum investment is $10,000. And they do offer a demo account.
They do accept USA traders. They also except pretty much all European countries. They accept Australian traders as well. And you can see there, you’ve got your common currencies that you can actually trade in. So if you’re in Australian and you want to trade in Australian dollars, you can do so, same with Euros and British pounds, Canadian dollars, and of course USD dollars being the most popular and common account base currency to trade in.
So the backing options are that they accept all credit cards and debit cards, also accept wire transfers, and also Moneybookers. We recommend depositing via Moneybookers or a credit card, debit card just because you’re going to basically deposit and start trading immediately. With a wire transfer, it may take up to two or three days for that wire to clear your bank to their bank.
And also with withdrawal options, you’ve got all the same options. And generally, you’ll get your cash outs within 48 hours, generally within the same day if you have your ID verification all in order.
So moving on to the actual software platform, it’s on the SpotOption platform, which is pretty much the best trading platform out there. So you know you’re going to be trading on the best platform. They offer a huge number of expiry times. Their short terms expiries range from 60 seconds all the way up to 300 seconds. They also offer 30 minute expiries, one hour, and end of day expiries.
So you can actually trade on a mobile if you have an Android device. And coming soon will be an Apple version. They also, it is actually possible to try it on a tablet, but it is not actually recommended. It’s either better to trade on your mobile or on a desktop.
So the option types pretty much your traditional types of being High/Low and also One Touch. They also offer in certain trading hours the Forex and CFD option, which is more like a traditional way to trade options, where you actually have stock losses, whereas binary options is more about not actually holding acquisition. It’s more about expiry time. And you’ll trade all your common assets.
So I’d like to get some feedback from all you guys out there. If you have actually traded on RBoptions, please post them in the comments below this video. It’s really good to let other people know who are watching this video who are thinking about trading at RBoptions whether to do so or not. So any advice that you have or any experiences, please comment below.