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OPTIONOW REVIEW - IS it A total SCAM?

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OptioNow is a decent binary options trading company run by a group of business professionals to offer a platform that will rival the best in the business. The company is based in Istanbul, Turkey. Ever since its inception, the company has distinguished itself by pitching itself as a broker that takes the effort to educate its traders through webinars and training sessions. They also provide Skype based customer support, a maximum return of over 200% and minimum deposit of $250. With the mushrooming of new binary options companies every month traders are finding it increasingly difficult to find a reliable broker so I’m trying to review every broker out there. Read what I have to say about this broker and the features they have to offer so that you won’t make a mistake the next time you are looking for one.

PLATFORM:
The platform is 100% browser or web-based and you don’t have to download any software to carry out your trading activities. The biggest catch is that the company offers every trader a $10,000 demo account for free so that you can learn the nuances of trading with the company. Don’t be too surprised as the $10,000 is not real money but it’s still a good offer anyway since most companies don’t offer a free demo account. You can also preview the trading platform before you join the account itself. You can also arrange the platform according to your assets which also notes your potential return and the expiry time of that particular asset. 

MAIN FEATURES:
With OptioNow, you get 3 different trading options: High/Low trading, One-Touch Trading option and Boundary trading option. The company offers 5 types of accounts: Bronze account for $400-$1000, Silver Account for $1000-$5000, Gold Account for $5000-$10000, Platinum Account for $10000-$100000, and the Elite Account for anything more than $100000. These looks pricey but you get what you pay for: The basic account comes with 2 free webinars, 25% of daily signals for free, and an account manager which goes up to 9 webinars, personal finance expert, unlimited signals, a senior account manager, sessions with senior analysts, 4 risk free trades, and more for the Elite Account. The assets list includes 14 currency pairs (EUR, USD, etc.), 5 indices (DAX, CAC, NASDAQ, etc.), 6 stocks (Coca-Cola, Google, Apple, etc.), and commodities such as gold and silver.

DEPOSITS AND WITHDRAWALS:
The minimum deposit amount with the company is $250 which is standard across the industry. You can deposit as well as withdraw your money through credit card, e-wallet, Cash-U, or wire transfers after providing necessary proofs of identity like a Photo ID or a proof of address. The withdrawal process will take over 5 business. You have to however pay a fee of $35 for making wire transfers.

CUSTOMER SUPPORT:
OptioNow provides a team of professional customer executives at every trader’s disposal 24/5 through phone, email or live chat. You can trade and contact the company using either English or Arabic. 

OptioNow was founded in 2012, and it has since became a favorite among many traders which is evident from the 100k+ accounts they are flaunting. The company is definitely legitimate and they offer a huge list of features enough to fulfill all your trading requirements. They are definitely worth a try and I am sure you will be satisfied with their service. Do you have any experience with this broker? Drop a comment below and share your experience.


WARNINGS: WE HAVE RECEIVED QUITE A LOT COMPLAINTS ABOUT THIS BROKER. PLEASE CHECK OUT OUR RECOMMENDED BROKERS INSTEAD OF THIS ONE. REMEMBER, YOU'VE BEEN WARNED!

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