Is OptionWeb a Scam?

Last updated: April 6, 2017

Summary

IMPORTANT:
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Details

Broker OptionWeb
Official Website URL www.optionweb.com
Address Lionsman Capital, Markets Cyprus; 18, Evagira Papachrusoforou, 3030 Limassol, Cyprus
Support Number +357 25761121
Support Types Live Chat, Phone, Contact Form, E-mail
Minimum 1st Deposit $200
Minimum Trade Amount $5
Payout 86%
Free Demo Account Open FREE Demo NOW
Account Types Starter, Standard, Silver, Gold, Platinum
Deposit & Withdrawal Methods Credit/Debit Card, Wire Transfer, Neteller, Skrill MoneyBookers, NeoSurf
Number of Assets 60+
Account Currency EUR, USD
Overall Score 5.5/10

Full Review

OptionWeb is one of the leading binary option brokers with years of experience on the market, which provides a professional, safe and secure online trading to everyone interested in profiting from binary options regardless of their proficiency level.

OptionWeb Review

To meet the needs and requirements of diverse groups of traders OptionWeb has designed 6 different account types. The Starter, Standard, Silver, Gold and Platinum accounts give beginners, intermediate and advanced traders as well as professionals the most efficient tools to help them achieve optimal results. The Diamond Account offers a wide range of personalized services along with the opportunity for maximum customization and traders who would like to open this type of account have to contact an account manager to get more details.

optionweb account types

Review Verdict: OptionWeb is NOT a Scam

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The most important thing when it comes to trading binary options successfully is to make informed decisions. Therefore OptionWeb provides various educational materials to help traders improve their skills and optimize their results. The OW interactive school allows each trader to get lessons of their choosing on various aspects of binary options trading as well as watch training videos and attend webinars. In addition OptwenWeb also provides live trading signals, daily economic analysis, financial news and real-time market data streaming from Thomson Reuters.

Is OptionWeb a Scam?

verifiedWhen choosing a binary options broker, traders should first and foremost take into consideration their safety. With the growing popularity of online trading in the recent years more and more brokers have been flooding the market and traders face the risk of coming across fraudulent schemes.

In order to avoid scams it is advisable to do a research and sign up with a broker, which is regulated. OptionWeb is a regulated broker, owned and managed by Lionsman Capital Markets, operating under license number 175/12 and authorized by the Cyprus Securities Exchange Commission (CySec) and all other European Union regulative authorities, including UK’s FCA. This means that OptionWeb adheres to strict laws and regulations and works under the constant supervision of the competent authorities. Taking into account that OptionWeb is a regulated broker, which provides a technologically advanced trading platform, high-quality services and has a dedicated and professional Customer Support team that is always ready to assist with any inquiries and issues, it can be concluded that OptionWeb is not a scam, but a trustworthy and reliable binary options broker.

Review Verdict: OptionWeb is NOT a Scam

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OptionWeb Trading Software and Assets

The trading platform provided by OptionWeb is easy to use and doesn’t require much computer resources, yet it offers a comprehensive trading experience with a wide range of assets to choose from, including currency pairs, stocks, indices and commodities. The platform provides a variety of trading options such as High/Low, One Touch, 60 Seconds, Long Term and Pair Options and the expiry times vary from 30 seconds to 24 hours. This diversity allows traders to apply different strategies and optimize their results.

optionweb platform

The intuitive interface enables even beginners to quickly get familiar with the platform features and start trading without spending long hours studying and analyzing complex graphs and charts. However, the OptionWeb trading platform also provides all the tools that advanced and professional traders need at their disposal to be able to achieve the best possible returns on their investments.

To trade with OptionWeb you will first need to register, which is quick and free of charge. Then you need to deposit funds into your trading account. The minimum required deposit is 200 USD or EUR, depending on the currency you prefer, just keep in mind that after you select the currency during the registration process you cannot change it later. Traders can fund their accounts via various payment methods such as credit and debit cards, bank transfers and online payment services like Skrill and Neteller. The withdrawal procedure is also efficient and safe, and traders could receive their earnings as quickly as within 24 hours depending on the type of account they have selected.

optionweb payment

OptionWeb Preview

Review Verdict: OptionWeb is NOT a Scam

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OptionWeb Demo Account

In addition to the many different investment account types traders can choose from, OptionWeb provides a Demo Account as well. This is very helpful for both novices and professionals as it allows them to test the trading platform. Those who are new to the binary options market can learn how to trade and practice in a risk free environment, and move on to investing real money only after they gain some experience and feel confident enough to do so.

Seasoned traders have the opportunity to explore the trading platform in-depth and get familiar with all its functionalities, as well as try out various strategies and ideas without the risk of losing their funds. When selecting a binary options broker to sign up with it is always a good idea to pick one that offers a demo account, because this will allow you to check if the services and trading platform meet your needs and requirements before you make an investment.

Conclusion

OptionWeb is a fully regulated broker, not only by CySEC but by all of the European Financial Authorities. This makes it one of the most trusted brokers in the industry. OptionWeb also offers a real Demo account – great way to practice your skills without risking real investments. If these two things are not enough to open an account with this broker, we believe that its trading platform will convince you. It is well optimized and developed, using the latest and most innovative tools and features.

We recommend to you OptionWeb as a top broker and we believe that your experience with it will be outstanding.good choice isscam

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