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OPTIMARKETS REVIEW - iS IT A TOTAL SCAM?

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In binary options trading, companies that offer below market deposits and accept American traders are known to be on the right track of success. And Optimarkets is another company to have that right. The company was founded in 2012 and it is owned and managed by a British company known as the Lerwick Capital and they are based out of the British Virgin Islands. The company is striving towards serving both the new and the seasoned traders. The company has however received very different reviews from different websites or forums, while some say all praises some other will give a very bad review. To put this problem to rest, I have reviewed it myself. 

PLATFORM:
Optimarkets’s platform like the ones from SpotOption: it is 100% web based, very user friendly, and colorful. The platform comes with various analytical tools such as live feeds for market trends, charts, history, etc to make the entire process of trading easier for you. With this platform, it will only take you a few minutes to sign up and begin trading. 

MAIN FEATURES:
With Optimarkets, you have over 5 different types of trading options to choose from: the 60 Seconds Option which allows you to make quick profits with trades that expires in one minute as the name indicates; Digital Trading Options, where you forecast and a right prediction wins you huge money; the Range Option, where you predict whether the value of as asset will fall in or outside a predetermined range; the Touch Option, where you predict if an asset’s value will “touch” a predetermined price and the very popular One-Touch Option.
You also get to choose from 4 account types: the Bronze Trading Account for $250, the Silver Trading Account, the Gold Trading Account and the Platinum Trading Account. In addition, there is also an “interest free” account for Muslim traders that is based on their Sharia law. This is a bespoke program provided only by a handful of brokers around the world. 

The company boasts a good collection of assets, which includes 7 indices (Dow Jones futures, CAC futures, DAX futures, etc.), 10 Stocks (Apple, Google, Microsoft, Vodafone, etc.), 11 Currency pairs (USD, JPY, GBP, etc.) and commodities such as gold, silver and crude oil. The average payout rate is very impressive at 75% to 89% and which can even go up to 181% for some special trades!

DEPOSITS AND WITHDRAWALS:
The minimum deposit amount with the company is $200 which is $50 lower than the standard across most brokers. You can deposit as well as withdraw your money through credit card/debit card, secure wire transfer, Moneybookers transfer, and Skrill after providing necessary proofs of identity like a Photo ID or a proof of address. The withdrawal process will take over 14 business days and withdrawals are not possible until at least 15 days from the day of deposit. 

CUSTOMER SUPPORT:
Optimarkets provides a team of professional customer executives at every trader’s disposal 24/7 through phone, fax, email or live chat. You platform is available only in English which could be a deal breaker for many but the site offers top notch security measures and all the transactions are SSL ecrypted.

Optimarkets offers completely free tutorials, promises very high payout rates and it is highly secure, so in my book they are definitely worth your money and your time. Do you have any experience with this broker? Drop a comment below and share your experience.

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