When it comes to finding the right binary options broker, trust is the most important criteria. Is OptionWeb legit? Learn more here:
Is OptionWeb legit?
Finding a trustworthy binary option broker can be an overwhelming task. There are so many brokers in the market that it is almost impossible for new traders without experience to distinguish legit brokers from those brokers you should better stay away from.
To help you make an informed decision, we have tested the legitimacy of OptionWeb and here are the results in a nutshell:
The first thing you need to trust a binary options broker are high enough payouts to make money with your trading. With too low payouts, you can’t start a successful career with this broker and all other points become insignificant.
OptionWeb makes this point an easy decision. Offering the highest payouts in all of binary options, OptionWeb is the perfect place to earn a lot of money. Simply put, if you can’t make money with OptionWeb, you can’t make money anywhere else.
Even the most successful trading career is of little use if your money is not safe with your broker. If anybody can log into your account and steal your money or if your credit card information is not safe with your broker, you will sooner or later face problems.
OptionWeb avoids these problems right from the start. Every communication between you and your account is encoded with the SSL standard, the safest security standard on the web that every bank uses for their online banking.
Additionally, OptionWeb is regulated by the European Union. This means, you have a government agency watching over the business and making sure that they do not do illegal things with your money.
Most importantly, OptionWeb has to keep a separate account with enough money to buy out all their customers if OptionWeb should go bankrupt. This means, even in the worst scenario, your money is safe with OptionWeb. With other, unregulated brokers, your money might be lost if the broker goes bankrupt.[table id=37/]
All the small things
Aside from the two main points, there are many small points that prove a brokers legitimacy. OptionWeb scores high on all of them. OptionWeb offers easy, secure, and free deposits and withdrawals, you get an interest rate of up to 5.5 percent on the money you invest, and you can access OptionWeb’s helpful customer service for 24 hours a day.
Illegitimate brokers like to save money by cutting cost at these less obvious but even more essential features. OptionWeb goes the different way and proves itself to be an all-around legitimate broker.