OptionsXO Review

OptionsXO Review

OptionsXO Review

OptionsXO is a well-known veteran in the binary options industry. Starting at 2011, this provider/platform/broker service have been enjoyed rapid growth, and is now the service of choice for over 10,000 traders across 41 countries.

In this review, we will go through the major key elements of the OptionsXO binary options platform, and share with you the pros and cons of trading with OptionsXO.

OptionsXO | Payouts

First and foremost, we’re all here about the money – And the guys at OptionsXO definitely get that.

OptionsXO offers one of the most generous payout plans in the industry – up to 90% (!) in in-the-money retributions, with the average percentage revolving around 85%. This means traders at OptionsXO can get around 15% more on the average successful trade with OptionsXO, compared to other binary options service providers.

OptionsXO | Asset Types

If you ain’t got no type, and bad assets is the only thing that you like, OptionsXO’s wide variety of tradable assets is perfect for you.

Unlike most binary options platforms who offer a fairly limited amount of trading opportunities, OptionsXO puts an extra emphasis on variety and offers over 100 tradable assets – Some of which may be less known, but can provide a significantly higher ROI compared to the more “well-known” assets.

OptionsXO’s tradable assets divide into four major categories: Stocks, commodities, indices and currency pairs (Also known as Forex). Alongside big names like Apple(APPL) and Facebook(FB), traders can also invest in less familiar names such as Societe General and Sumitomo.

The full list of assets is conveniently listed in the OptionsXO website, and also appears on the bottom left side of the trading room. Impressive.

OptionsXO | Account Types

In order to provide customized solutions for the different types of binary options traders, the guys at OptionsXO have formulated four account types, based on trading volume.

OptionsXO Education Center

Here are the different account types, as detailed in the OptionsXO website:

Level 1: Mini Account

  • Full access to trading platform
  • Commission-Free
  • Access to all instrument types: Boundary, High/Low, Touch, 60 seconds
  • Access to all trading assets: Currencies, Commodities, Indexes, Shares
  • 24-hour support & assistance
  • Lessons 1&2
  • Beginners’ strategy building session with an OptionsXO Analyst

Level 2: Silver Account

  • An additional 2% return on every trade
  • Full access to trading platform
  • Commission-Free
  • Access to all instrument types: Boundary, High/Low, Touch, 60 seconds
  • Access to all trading assets: Currencies, Commodities, Indexes, Shares
  • Free access to OptionsXO Education Center
  • 24-hour support & assistance
  • Free trading support from market analysts and experts
  • Lessons 1-4
  • Introduction to technical and fundamental analysis
  • Beginner Strategy+ Candlestick techniques sessions with an OptionsXO Analyst

Level 3: Gold Account

  • An additional 3% return on every trade
  • Full access to trading platform
  • Commission-Free
  • Access to all instrument types: Boundary, High/Low, Touch, 60 seconds
  • Access to all trading assets: Currencies, Commodities, Indexes, Shares
  • Free access to OptionsXO Education Center
  • 24-hour support & assistance
  • Free trading support from market analysts and experts
  • Lessons 1-7, including Technical analysis or Fundamental analysis tracks
  • Advanced trading strategy sessions with an OptionsXO Analyst

Level 4: Platinum Account

  • An additional 4% return on every trade
  • Full access to trading platform
  • Commission-Free
  • Access to all instrument types: Boundary, High/Low, Touch, 60 seconds
  • Access to all trading assets: Currencies, Commodities, Indexes, Shares
  • Free access to OptionsXO Education Center
  • 24-hour support & assistance
  • Free trading support from market analysts and experts
  • Lessons 1-11
  • Includes both tracks Technical analysis & Fundamental analysis

Level 5: Diamond Account (Min. Deposit: $25,000)

  • An additional 5% return on every trade
  • Full access to trading platform
  • Commission-Free
  • Access to all instrument types: Boundary, High/Low, Touch, 60 seconds
  • Access to all trading assets: Currencies, Commodities, Indexes, Shares
  • Free access to OptionsXO Education Center
  • 24-hour support & assistance
  • Free trading support from market analysts and experts
  • No withdrawal fees

LIBERATE YOURSELF | LIMITED TIME OFFER

Level 5: VIP Account (Min. Deposit: $50,000)

  • An additional 5% return on every trade
  • Full access to trading platform
  • Commission-Free
  • Access to all instrument types: Boundary, High/Low, Touch, 60 seconds
  • Access to all trading assets: Currencies, Commodities, Indexes, Shares
  • Free access to OptionsXO Education Center
  • 24-hour support & assistance
  • Free trading support from market analysts and experts
  • No withdrawal fees
  • One-on-one session with OptionsXO’s chief analyst, Ryan Fox
  • Self-managed account

Important note before depositing: OptionsXO does not automatically place traders in the different account types when they place a trade, and you will need to contact their support team in order to enjoy the full set of perks.

OptionsXO | Service & Support

Support and guidance are a big factor to consider when choosing a binary options platform, as they can often be the difference between a great trading experience and… Well, meh.

The two major things we usually look at is a) How is the support given, and b) Who’s the one giving it. You need to make sure you can get quick help when you need it, and that the representatives are both keen to help and have at least a basic understanding in finance & trading.

As for the quick help thing, support lines at OptionsXO are open 24 hours a day, which is very important for traders who like to trade in unorthodox hours. Support is given via phone, E-Mail or a live chat on the website.

As for who’s providing the support, OptionsXO teams each new trader with a dedicated account manager, meaning you’ll get an actual person to walk you through the process of registering and getting started. At OptionsXO, most account managers are actually brokers in training, meaning you’ll likely have financially-savvy people to assist you when you need it.

OptionsXO Short Term Option

OptionsXO | Education

Investing more into the education aspect of binary options trading has become more and more common in the binary options industry over the past few years.

OptionsXO have definitely hopped on that train, and are currently offering a very interesting set of tools for traders, with an evident effort to create different tools for traders at different levels.

Alongside the OptionsXO Academy, which offers videos, E-Books and other self-consumed materials, the team at OptionsXO realized that the personal touch is very important when it comes to risking money.

Following that realization, they’ve developed an impressive set of tools to conquer trader fears and help traders evolve; 1-on-1 consultations, beginner and advanced strategy sessions with senior brokers, theme-based webinars and even a daily market analysis, which we will talk about in detail later.

Overall, OptionsXO’s efforts on providing its traders with additional knowledge and tools are a rare and highly welcome endeavor. We’ve also learned that their education center is about to experience a design and content makeover – with a lot of content expected to be added – Which is definitely another positive step in the right direction.

OptionsXO | Signals & Alerts

Signals are important. Very important. Whether you’re a first-time trader or a veteran, getting tips and important market updates can often be the difference between a profitable and a losing day.

OptionsXO puts in a very substantial effort in this department as well, with a designated team of analysts inside the company working solely on market analysis and signal generation. According to their website, this team analyzes over 1,000 different sources a day, ranging from financial news giants such as Bloomberg and Yahoo Finance to independent blogs.

The company’s binary options signal service includes a minimum of two signals a day, usually related to currency pairs and delivered via both E-Mail and a notification sent through the trading platform.

Another very neat service the company provides is a daily market analysis with their chief analyst Ryan Fox, who breaks down the market and surfaces trading opportunities every morning. We’ve reviewed quite a few companies, and the majority of them do not do this.  

OptionsXO | Broker Team

As we’ve often stated, most binary platforms are pretty much the same in terms of technology and trading options. So, often times what would make the difference is the company’s expertise in training novice traders, building strategies with a higher success rate and staying in tune with the latest trends and traits.

In that department, OptionsXO claims to have developed some of the most rigorous and tedious recruiting and training regiments in the binary options industry, with brokers having to go through an exhaustive series of 6(!) interviews and a 6-month training process. We can’t be 100% sure if that is fully correct – however, the brokers we talked to have shown both great knowledge and professionalism.

OptionsXO | Platform Functionality

When we look at functionality, we usually look for companies that adhere to the famous Jaguar ad’s motto: “The best technology is one that makes you feel like it’s not even there.”.

In other words, we like seamlessness and simplicity, and while the OptionsXO platform does not offer any mind-blowing features or special theatrics, it definitely keeps things simple and understandable: Trades are easily placed and tracked; There are no technical issues (At least not ones that we’ve experienced); and the color selection feels right. We like.

OptionsXO High Low Option

OptionsXO | Trading Options

Much like its platform functionality, OptionsXO doesn’t provide any special surprises in this department either – But everything that needs to be here, is.

OptionsXO offers four major types of trading: High-Low, One Touch, Boundary And Short-Term. The Short-Term option allows 60-second, 1-minute or 2-minute trades, with the new & popular 30-second trading option soon to come.

OptionsXO | Language Support

While this may not be a major consideration in choosing a binary options platform, language support is a strong indicator of brand strength and the company’s stability. Multiple language support can often indicate a larger operation and activity in a large number of countries, which is an important re-assurance for those who are more cautious with their money.

In this department, OptionsXO provides plenty of reasons to feel re-assured – 10, to be exact. It operates 12 support lines in 12 different countries, and its website is fully translated to no less that 10 languages including Turkish, French, Italian, Russian and even Japanese.

OptionsXO | Conclusion

After reviewing everything OptionsXO has to offer as a binary options provider, we were pleasantly surprised on almost all accounts.

The two main advantages we saw are the payouts and the elaborate signals & alerts service, particularly the daily market analyses. Well done guys.

Bottom line, we found OptionsXO to be a great alternative, specifically for traders who are just starting off.

OPEN FREE TRADING ACCOUNT NOW!

OptionsXO | Website Preview

RISK DISCLAIMER
BinaryOptionsTrading-Review.com has taken reasonable measures to ensure the accuracy of the information in the website, however, does not guarantee it. The data exhibited in this website is not necessarily always real-time or completely accurate; this includes market analysis, forecasts, signals, assets’ price quotes and charts. Readers should not treat any opinion expressed by the authors of BinaryOptionsTrading-Review.com as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of their current opinion. The risks involved in trading binary options are high and may not be suitable for all traders. BinaryOptionsTrading-Review.com doesn't retain responsibility for any losses readers might face as a result of using the information presented in this website.
In accordance with FTC guidelines, BinaryOptionsTrading-Review.com has financial relationships with some of the products and services mentioned on this website. BinaryOptionsTrading-Review.com may be compensated if consumers choose to click links in our content and ultimately sign up for mentioned products.