Our Review of GToptions
GToptions is an online trading platform with an emphasis on binary options trading. Commodities, stocks, indices and Forex can all be traded on GToptions.
Account Types + Opening
There are two types of accounts that can be opened with GToptions. The first is the GTO Mini Account, which is especially tailored for beginners. The second is the GTO Gold Account which is for advanced traders who want to be able to trade larger sums of money. Opening an account with GToptions is a relatively quick and simple process, though traders from, or resident in, certain nations (such as the UK) will not be able to open an account with this broker.
Promotions, Sign Up + Deposit Bonuses
There are various promotions and bonuses offered by GToptions. In fact, this is arguably the broker who offers the widest variety of bonuses among the main brokers on the market. Beginners, for instance, can enjoy a $100 bonus when they sign up with GToptions, and all traders can expect a 100% bonus on their first deposit. At times, extra, time limited bonuses are offered. For instance, at certain points in the year, a first deposit bonus of 150% will be offered instead of 100%.
Commissions and Fees
No sign up fee is charged by GToptions. Commission amounts will vary but they will usually mean that you can withdrawn between 65% and 80% of your revenue. Fees are also associated with different withdrawal methods. For example, there is a $25 fee charged by GToptions when you withdraw money by bank wire transfer.
Trading Platform Review & Mobile Apps
The GToptions trading platform has a classic feel - much like the other main trading platforms that are out there. There is no mobile app for this broker as yet, but the site itself admirably combines educational resources with practical customer support (both online and by telephone) and, of course, binary options trading software.
Deposits & Withdrawal Methods + Ease
Deposits and withdrawals can be done by various methods and the main ones are bank transfer and bank card. Transactions are usually handled smoothly but fees do apply.
Regulators & Safety: Are they a reliable, legitimate broker or a scam?
Based in Gibraltar, GToptions is fully licensed. It is licensed by the FCA. This is a legitimate broker.
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