Magnum Options Broker Review


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    πŸ’» Demo Account:
    βš– Allows Hedging:
    πŸ”ͺ Allows Scalping:
    🏒 Headquarters: Anguilla
    πŸ“… Founded:
    πŸ“ˆ Trading Platform(s): SpotOption
    πŸ“œ Regulating Authority(s):
    πŸ’° Minimum Deposit: 200
    πŸ“£ Maximum Leverage:

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    Risk Warning: Your capital may be at risk

    Minimum Deposit
    Maximum Leverage

    Our Review of Magnum Options

    Company Overview

    Dealing with Forex, stocks, commodities and indices, Magnum Options is an online broker that provides a variety of trading and educational services, with an emphasis on binary options trading.

    Account Types + Opening

    There is just one type of account with Magnum Options, and it is very easy to start the process of opening an account with this broker as all that you need to do is to fill in a simple form.

    Promotions, Sign Up + Deposit Bonuses

    The main type of bonus offered by Magnum Options is a bonus that you receive when you sign up to the site, giving you an extra 100% of your first deposit.

    Commissions and Fees

    With the commissions that Magnum Options takes, traders can expect to be able to withdraw between 70% and 82% of their total takings. When it comes to withdrawal charges, there is no fee for the first withdrawal of every month. After that, there will be a $30 fee attached to any withdrawals until the next month. Other fees may be imposed on withdrawals by your payment provider, too, depending on which payment method you use.

    Trading Platform Review & Mobile Apps

    The Magnum Options trading platform has plenty of information on it about commodities and how to trade as well as real time updates about the stock market. Magnum Options has yet to develop a mobile app, but a mobile version of the site is available for users who prefer to trade on a hand held device. This site has a particularly heavy focus on education traders - teaching them about how the market works and how to use binary options trading techniques.

    Deposits & Withdrawal Methods + Ease

    The initial trade amount for this site is very low - just $10 - but the minimum deposit is higher than many other sites as Magnum Options places it at $250. Withdrawals and deposits can be done directly from your bank by wire transfer, using a debit or credit card, or by using an online payment method such as Skrill. The minimum withdrawal amount is $100 or 100 Euro depending on which currency you have chosen to trade in.

    Regulators & Safety: Are they a reliable, legitimate broker or a scam?

    Magnum Options is not a licensed broker, which is cause for caution among many traders.

    Magnum Options 2-3 .review

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    Risk Warning: Your capital may be at risk

Company Information
Broker's Name
Magnum Options
Headquartered in
Year Founded
Regulating Authority
US Clients Accepted
Telephone Number
Fax Number
E-Mail Address
Account Options
Type of Broker
Mini Account
VIP Account
Segregated Account
Islamic Account (Swap Free)
Demo Account
Institutional Accounts
Managed Accounts
Maximum Leverage
Minimum Deposit
Deposit Options
Credit Card, Wire Transfer
Withdrawal Options
More Instruments
Trading Platform
Platform Type
Platform Languages
OS Compatibility
Streaming News Feed
Charting Package
Trading Signals
Automated Trading
Trade From Charts
Market Commentary
E-mail Alerts
Mobile Alerts
Trailing Stops
Guaranteed Stop Loss
Guaranteed Limit Orders
Guaranteed Fills
Interest on Margin
One-Click Execution
OCO Orders
Mobile Trading
Web-Based Trading
Customer Service
Customer Support Languages
Customer Service Hours
Place Trades Over the Phone?
Bonuses & Rewards
No Deposit Bonus
Bonus for First Deposit
Is the Bonus Based on the Volume of the Transaction?
Other Bonuses

Our Rating: 
No votes yet
Mini Bonus Info: 
Potential Return On Successful Trade: 
Broker Type: 
Binary Options

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