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Old Bloombex options review
Do you want to trade all binary options types with high payouts? Bloombex Options offers all option types with high returns.
Features of Bloombex Options
Depending on which option type you choose, Bloombex Options offers you payouts of up to 1,500% – you can’t get more anywhere with binary options. All other option types offer top of the range payouts, too: High / low options and pair options with up to 85%, one touch options with up to 500%.
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Mobile trading apps
Bloombex Options offers mobile trading apps for Android and Apple devices. Simply download the app from the Google Play store or the App Store, log in, and you can start trading on your mobile phone or tablet – a great advantage in mobility.
Available binary options types
Bloombex options offers these binary options types:
High / low options
With Bloombex Options, high / low options are called binary options. Regardless of the different name, high / low options still work the same: You have to predict whether an asset’s price will rise or fall over a given period of time from a few minutes to the end of the day. If you are right, you get a payout of up to 85%.
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Pairs allow you to trade two assets in relation to each other. You have to predict which of the two assets in a pair will outperform the other. A correct prediction will get you a payout similar to high / low options.
While pair trading is the standard way of trading currencies, Bloombex Options expands this approach to all types of assets, for example offering to trade gold in relation to silver. This feature allows you to expand your trading to new market environments and new strategies.
Long term options
Long term options expand the basic idea of high / low options to longer time frames. While you still have to predict whether an assets price will rise or fall over a given period of time, this period of time could now be weeks or months long. Long term options are great for those traders who want to invest in longer time frames than regular high / low options allow them to.
Sixty seconds options
Sixty seconds are the exact opposite of long term options. They take the principle of high / low options to extremely short time frames from 30 seconds to 300 seconds. With this approach, 60 seconds options allow you to complete more trades in a short period of time than any other binary option type, thereby providing the greatest earning potential.
One touch options
One touch options are perfect to trade stronger movements. You have to predict whether the asset’s price will touch the faraway target price before the option expires. If you are right, you can get a payout of up to 500%.
With ladder options, you have to predict whether the market will close above or below one of five available price levels. Depending on which price level you choose, you can either make very safe trades or get payouts of up to 1,500% – the ideal way to trade extreme market environments.
Bloombex follow options
Bloombex follow options are a great tool for new traders and traders who do not want to analyze the market themselves. Follow options allow you to copy the trades of a professional trader into your account. Whatever this trader invests in, so will you. The entire process is automatic and you can adjust how much money you want to invest per trade and overall.
Did you know that there are more than 400 operators in the binary options market?
If you are ever unsure of who to choose, we urge you to take a look at our list of trustworthy binary brokers here!
Bloombex Options offers assets in five categories: Currencies, stocks, indices, and commodities. For each category, Bloombex Options provides a long list of assets from all over the world, every industry, and every market place.
This variety is important, as it provides you with two advantages:
1. You can always find an asset to trade. Stock exchanges are only open for eight hours per day, which limits each market’s availability significantly. To always have stocks and indices ready to invest in, you need assets from every time zone. With Bloombex Options, you have exactly that.
2. You can invest in your field of expertise and in new developments. Whatever is happening in the world, with Bloombex Options you have the tools to take advantage of it.
Registering with Bloombex is a quick and easy process. Simply access their website, fill out their quick start form with your first and last name, your email, and your phone number and click “open account.” Now you already have an account.
To start trading, you obviously need to put money into your account first. For this purpose, Bloombex Options offers a long list of deposit options in three main categories:
- Credit card / debit card,
- Online payment providers,
- Wire transfer.
Choose your category, deposit money into your account, and you can begin your trading career.