Redwood Options

Redwood Options - logoRedwood Options is a binary options broker that offers a wealth of different assets and is perfect for traders looking to trade smaller assets.

Redwood Options features

On first glance, you immediately notice Redwood Options’ clean and well-structured user interface. Everything is where it needs to be and does what it is supposed to do.

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You can quickly choose from the selection of binary option types: High / low options, pairs, long term, 60 seconds, one touch, and ladder. This large selection offers the right option type for everyone.

Redwood Options also offers an education center where you can learn the basics of binary options. By using an academy, courses, or an ebook, you can start your way to becoming a successful trader.

For newcomers, this is a great offers, as the broker’s education material gives a good overview over binary options trading. For season traders, the material might not go deep enough.

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Assets

The biggest advantage of Redwood Options is the broker’s large selection of assets.

More than 20 currency pairs

Redwood Options offers more than 20 currency pairs. Aside from big currency pairs that most brokers offer, such as the Euro against the US Dollar (EUR/USD) and the Euro against the British Pound (EUR/GBP). The broker also offers smaller currency pairs that are hard to find with most other brokers, such as the Euro against the Swedish Krona (EUR/SEK), the Canadian Dollar against the Japanese Yen (CAD/JPY), or the New Zealand Dollar against the US Dollar (NZD/USD)

These assets are hard to find with most other brokers. In Redwood Options, traders that want to trade these assets might have found the perfect broker for them.

More than 30 stocks

Continuing its commitment to a huge selection of assets, Redwood Options offers a long list of stocks that most other brokers do not offer. While most brokers only offer 4 to 5 stocks per market, this broker easily triples this number.

Redwood Options offers stocks from:

  • America: Twitter, McDonalds, Pfizer, Google, Facebook, etc.
  • Asia: Gazprom (Russia), Nissan, Tata Motors, ANZ Bank. Etc.
  • Europe: Volvo, Telefonica, Renaut, Deutsche Bank, Daimler, etc.

As these examples indicate, Redwood Options is offering bigger stocks as well as smaller stocks. You might be able to find stocks such as Google and Facebook with most binary option brokers, but Pfizer, Tata Motors, and Deutsche Bank? If you want to invest in stock like these, you have to come to Redwood Options.

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8 Commodities

Redwood Options offers 8 different commodities to invest in:

  • Corn
  • Wheat
  • Sugar
  • Silver
  • Platinum
  • Oil
  • Gold
  • Coffee

With this selection, Redwood Options covers all the bases. There simply are no more commodities that are wroth trading with binary options.

More than 25 indices

Redwood Options offers more than 25 indices from all over the world for you to invest in.

  • America: Bovespa, S&P 500, VIX, Dow Jones, etc.
  • Asia: Nikkeyi, ASX, Dubai, RTS, Tel Aviv, Tadawul, etc.
  • Europe: FTSE, IBEX, FRANCE 40, DAX, OMX C20, etc.

Most brokers offer big indices such as the Dow Jones, the Nikkei, or the DAX. Smaller indices such as the Tadawul, the VIX, or the OMX C20, however, are a rarity. To trade these indices, this broker is your best choice.

Process

Opening an account with Redwood Options is quick and easy. All you need to do is fill out the form on their homepage with very basic personal information: Your name, your email address, etc. After that, simply deposit money into your account and you can begin trading.

You can open new accounts in 7 different currencies: USD, EUR, GBP, CAD, JPY, RUB and AUD. These are more currencies than most of the brokers’ competitors allow you to use, which mostly limit you to USD, EUR, and, in some cases, JPY.

After you opened and funded an account, you can start trading by clicking the “Trade Now” button in the top menu.

Conclusion

Redwood Options is a good, solid broker that wins traders over with its huge selection of assets. Aside from its huge numbers of assets, Redwood Options is solid in every way in the best sense of the word: Solid payouts, solid trading platform, solid option types. Much like in a German car, everything is well thought out and exactly the way it should be.

This makes Redwood Options the perfect binary option broker for all traders that want to invest in smaller assets most other brokers do not offer.

Currencies:
USD, CAD, EUR, GBP
Maximum Investment:
$5000
Bonus Trading Terms:
30 x bonus
Software:
SpotOption
Trade Options:
High / Low, One Touch, Option Builder, Meta Charts, Pair Options
Expiry Times:
60 sec, 15 min, 30 min, 1 hr, 24 hr+, End of Day, End of Week
Assets:
Currencies, Stocks, Indices, Commodities
Languages:
English, Portuguese
Email:
support@redwood.com
Live Chat:
Yes
Deposit Methods:
Visa, Mastercard, Bank Wire, Maestro, Cartebleue
Cashout Time:
HQ:
Agias Fylaxeos & Zinonos Rossidi 2, 1st Floor. P.C. 3082, Limassol, Cyprus
Nationalities:
No more US as of 1.1.2015
Jurisdiction:
Cyprus, European Union
Online Since:
2013