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Old TopOption review
Do you want one of the biggest selections of assets for binary options, combined with innovative trading tools? Then TopOption is for you!
Web-based trading platform & mobile trading app
TopOption is committed to allowing their customers to trade from anywhere, at any time. Therefore, they offer a web-based trading platform and a mobile trading app.
The web-based trading platform allows you to access your account from any device that is connected with the internet. You do not need to install special software or carry your notebook around. Simply login to your account and you can start trading.
...that you can easily see how good this broker is compared to other brokers?
Check out the best binary options brokers.
With the mobile app, you can trade on the go. Simply download the app from the App store or the Google Play store, login, and you can trade anywhere with your mobile device. The intuitive, easy to handle app is especially great for hobby traders who work a full time job and want to turn their commute or their waiting time into profitable trading opportunities.
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Licensed and regulated by the European Union
TopOption is one of the few brokers that is fully licensed and regulated by the European Union. This regulation guarantees the privacy and security of client data and creating a reliable and transparent trading experience without costing you anything.
Additionally, being a regulated broker requires TopOption to keep a separate account with enough money to payout all their customers if the broker should go bankrupt. With an unregulated broker, you would probably lose all your money if the broker has to file for bankruptcy. With TopOption, your money is safe – a great security advantage.
Innovative trading tools
With most binary options traders, there is little you can do to manage your option after you invested. You simply have to sit there and wait whether you will win or lose the trade. TopOption, however, allows you to manage your option after you invested. You can double your investment, delay the exit, or close the option earlier – three great ways to make more money.
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!
A wide range of assets
TopOption offers 180 assets, which is a lot more than most of their competitors offer. With most binary options brokers, you have to make due with less than half of the assets TopOption offers.
A large selection of assets can help you in a number of ways:
1. You can invest in any development. Regardless of where you find a trading opportunity and which industry you find it in, with TopOption’s large selection of assets, you can invest in it. This is especially important if you want to trade smaller markets or live in a foreign country and want to use your first-hand knowledge in your advantage.
2. You can trade any asset at any time of the day. Since stocks and indices are traded at their home stock exchange, you can only trade a stock or an index when their home stock exchange is open for trading – for about 8 hours per day. To always be able to invest in stocks, for example in the morning or in the evening, you need assets from different time zones. TopOption offers assets from all over the world, thereby
TopOption offers assets in four categories: Stocks, indices, currencies, and commodities.
Quick and easy process
Registering an account with TopOption is simply and easy. Nonetheless, even their sign up process shows TopOption’s dedication to security.
Where other brokers only ask for your name and email, TopOption makes sure to get their customers’ proper identification, also asking for your address and date of birth. This information is absolutely necessary to eliminate criminals from signing up for TopOption’s service.
Additionally, TopOption requires you to validate your account right after you sign up. Most other brokers only ask you verify your account when you want to withdraw money, not really caring who deposits money into their system. The fact that TopOption keeps their service clean from the start is a great security advantage.
To verify your account, you only need to provide:
- a picture of a government issued ID (a passport or a driver’s license), and
- a proof of residence (a utility bill or anything that proofs that your really live where you claim to live).
Simply send these documents to TopOption’s support by email.
After you verified your account, you can deposit money by credit card / debit card, online payment provider, and wire transfer. With debit card / credit card and online payment providers, your money hits your account immediately. With wire transfer, deposits can take a few days – depending on the customs of your bank and your country maybe even up to 7 days.
Once you have deposited money into your account, you are a fully qualified member of TopOption and can use all their services. Enjoy!