Topoption as a company has quite successfully justified their ambitious name, and in just the few years after its foundation, entered the top leading binary options brokers list. Topoption was founded in 2012 and its activity is regulated by a number of authoritative European associations, which include the FCA and CySEC. The Financial Conduct Authority (FCA) is a UK-based organization which monitors financial companies, and is an observer of the financial markets. It guarantees the safety for residents of the country in the field of financial services, ensuring the integrity of the UK financial system, the organization and maintenance of competition. In turn, the Cyprus Securities and Exchange Commission (CySEC) keeps control over the activities and operations on the stock exchange and ensures that investment firms comply with the directives of the legislative and regulatory framework of Cyprus and the European Union. Thus, all customers of Topoption are absolutely confident in the safety of their investments and the integrity of any financial transactions completed on the trading platform.
Why Trade at Topoption
Topoption continually holds onto its top position mainly due to the stability of the operating platform and the innovation of its other useable features. Already tens of thousands of traders from different countries are able to increase their incomes by using these tools. In addition to the classic options this broker offers its customers the possibility of building their own strategies and actively assists them in this. These types of transactions are often in demand by professional traders who are willing to use the mechanisms of doubling, closing or the extension expiration times to their advantage. Working with this platform is quite simple, intuitive and convenient. Firstly Topoption does not require any additional software downloads, meaning that any trader can access their portfolio through any browser. In addition, the broker has a mobile version of the platform available for smartphones and tablets with internet access.
One of the most popular options on Topoption is the 60 seconds variant. The trader predicts the future directional course of an asset’s fluctuations, trying to predict exactly where the price will move in a given 1 minute period. The short time between the start of trading and its completion is very attractive especially for beginners. Profitability of such transactions may reach 85%. According to the observations of the analysts working for Topoption, professional traders prefer the One Touch option. Through One Touch, it is necessary to determine if the value of an asset will touch a certain value line. Upon successful trading, the yield of such contracts may be up to 500% of the investment. However, the risk of losing the entire amount of the investment is also much higher than in classical options trading.
In addition to these options, users can work with Classic Options, Option Builders and Pro Options.
Trading Platforms and Features
Topoption has a platform with a rather classical appearance. It is made in the same style and color scheme as the entire the company’s website making is a very recognizable brand if not a particularly stylish one. The trader has the opportunity to choose between the types of transactions, underlying assets, directions, expiration time and the amount of investment. In general, the functionality of the platform is not fundamentally different from the platforms of other brokers. Views of graphs that are available here are very linear, and yet many market participants recognize this form of asset value demonstration and find it most comfortable and familiar which highlights that style is not everything. The platform is equipped with an indicator for options such as Put and Call for certain types of assets. If you are guided by these data sets, you need to remember that this indicator is biased. It does not provide a general market situation, and shows only those positions that are open at Topoption. However, this indicator can greatly help beginners and give them some moral support and help get rid of the fear in the selection of a variant in the trading process. Experienced traders however are more likely to access true market data streams for better predictions.
Processes related to the investment and withdrawal of money are some of the most important features when it comes to dealing with brokers. First of all, the method for working with finance should be diversified and easy to use, so that users have the opportunity to replenish their deposits and withdraw their earnings regularly and comfortably. In order to withdraw money from an account on Topoption you simply need to log into your account, decide the value of the funds that you wish to remove from your account and choose the method of money transfer. This can be done by bank transfer, debit or credit card, or one of the many electronic wallets. The output will be in the currency you have chosen for your account: GBP, USD, EUR, AUD, PLN or JPY. Be aware that one you set up an account it is a difficult and tiring process to have the currency changed and in many cases can be impossible without another account being set up.
Bonuses and New Customer Promotions
The minimum deposit for opening an account is set at $100. With such funding into an account and using the minimum sum of money for transactions, you can make at least twenty trading operations which means that for a modest sum it is possible to have the true flavor of what it is like to be a market trader. However, it should be taken into account that the bonuses that Topoption offers to its new customers can also be used for making trades. From your initial deposit you will get $200 that is usable on your demo account. That is to say before you start trading using your own money, you can test your abilities on the platform and try to find the most winning strategy using the money from your demo account. Of course, this process will not bring you any income, but it allows you to gain experience that will be invaluable for subsequent successful transactions.
To find information about the restrictions of the platform for customers from your country, you need to select your native language in the language list on the site and look thought the main sections in the search for relevant information. The website of Topoption is very advanced in terms of linguistic diversity. Information on this resource is available in English, Hungarian, German, French, Italian, Spanish, Arabic, Bulgarian, Swedish, Polish, Chinese, Japanese, Dutch, Portuguese, Romanian, Russian and Czech. If you can not find your native language, please use the English version of the site as it the most complete or contact customer support.