The broker of binary options Optionbit operates since 2010. This is one of the oldest companies on the market, which today holds a leading position thanks to the high level of service and wide range of services.
Optionbit.com is governed by CySEC (The Securities and Exchange Commission of the Republic of Cyprus), and this means that money of the traders who are clients of this company are safe. This is a significant advantage of this broker of binary options.
The regulation by CySEC largely determines the reliability of this binary options broker. This is due to the strict requirements to comply with to be issued the license!
Geographically, Optionbit is located in Cyprus. For this reason, the company has received the CySEC license. Thanks to its innovative approach, it gained popularity among traders and continues to develop in the right direction.
Registration with the broker Optionbit.com
The registration process with Optionbit is quite simple. Carefully fill in all the fields displayed in the screenshot on the official website of the company. After that, the trader gets access to his private working space, where he can deposit money on the account by any available means.
Once the trader deposited funds, he can start working. The withdrawal of profit is made through the same payment system used for recharging the trading account. The minimum deposit with Optionbit equals 200 euros.
By the way, at the first withdrawal the trader will be asked to go through the verification process. This procedure is mandatory for all regulated broker and is one of the measures taken against money laundering. Therefore, there is no need to worry about the verification.
Types of options, underlying assets offered by Optionbit
Binary Options Broker Optionbit.com offers its customers five types of binary options:
First of all, Digital option, also known to most traders as up / down. In order to make profit on this option, the trader has to determine the direction of price change of the underlying asset in relation to its current price.
The second kind of option offered by Optionbit is called Range. It is known to all as border. The trader must determine whether the price of the underlying asset will be within the range set by the broker or go beyond its limits.
The third type of option, which Optionbit.com offers its customers is called Touch. This contract will bring profit if the trader determines whether the price reaches a certain level of underlying assets before the expiration.
Onetouch option, which is also offered by the broker, will be profitable if the trader can determine whether the price of the underlying asset reaches a certain level in one week. This option is very profitable. However, it also carries significant risks.
Finally, Optionbit offers its customers such a popular option as 60 seconds. This type of contract will be profitable if the trader determines correctly the direction of the price fluctuations of the underlying asset within a minute.
With regard to the underlying assets the broker offers all customers the opportunity to trade Forex currency pairs, shares and stock market indexes, as well as commodities.
Training offered by Optionbit
The training of traders offered by the broker of binary options goes as follows. Clients of the company can access video materials. The whole course is divided into three categories – beginner, advanced users and for those who want to get familiarized with the trading platform.
Video materials are the main type of training available with the broker of binary options Optionbit !
Also, the broker offers for everyone the glossary, which covers the most used terms in this kind of trade contracts.
As for the demo account, Optionbit doesn’t offer such a service. However, you can learn about the platform in the last section of the training video. By the way, trading signals algobit are another strength of the broker.
Try algobit signals from Optionbit. Remember though, that one need to be carefully when working with them! It’s recommended to work by your own strategies and use algobit as a proof only after receiving your own signal!