Review 2015

Magnum Options Review

Magnum Options Review

In the world of binary options which is already very congested, a new name has come up called Magnum Options. Does it have anything new to offer? We will judge that as we go through its individual aspects throughout this article. They have been founded in the year 2013 and are just a year old. They are owned by the RedTulips Consultants Ltd.  Just within a year and a half, you can read all over the internet about reviews of this broker and all of them seem to be quite positive. Are they really worthy of that? Let us find out in detail in this Magnum Options review.

Magnum Options Review | Overview of the platform

In first look itself the broker is able to give us an idea whether it will be an easy to operate platform or not. In this case, Magnum Options trading platform uses the SpotOption platform which features the latest technology and gives users the best experience. So on the access front you can be assured that its quite easy to use and operate. On an overview one can easily figure out that there is nothing new on the platform front and everything that is offered here is pretty much done before. But in the world of binary options it is often very hard to come up with something new since the users have to be provided with all their useful tools as well. If you want a decent platform with easy to navigate platform, then you will be pretty satisfied with Magnum Options.

Magnum Options Trading Platform

Magnum Options Trading Platform

Magnum Options Review | Bonus

The Bonus policy of this platform is pretty straightforward. They offer up to 20% bonuses on new accounts, and as per their FAQ section, their bonus scheme is as “If you choose“ to accept a bonus, you will need to execute trades to the value of thirty times your initial bonus funds. Therefore, if you wish to withdraw any funds, the preceding stipulation must be met and fulfilled.” This means that if you open an account with an Magnum Options minimum deposit of 250 USD you will get a bonus of 20% on it.

Magnum Options Review | Withdrawals

The withdrawals of Magnum Options are pretty standard. You can use debit cards and credit cards for withdrawing money, as you can use the same methods to deposit your amounts as well. According to their policy, the money will go the same account which was used to make the deposit.

So for withdrawals, first check the method which you used for depositing. The minimum withdrawal amount will be 100 USD or EUR. It fluctuates with the currency that you use. Plus, if you are using wire transfer, then you will get one free withdrawal every month. Any withdrawal request above that will get charged as much as a 30 USD fee.

Plus, if you are using wire transfer, then you will get one free withdrawal every month. Any withdrawal request above that will get charged as much as a 30 USD fee. That’s it for this Magnum Options review, now we’ll wrap the things up.

Magnum Options Review | Conclusion

The main aim of this broker is to give its traders a platform to choose among the best assets. Being a new broker, they are very much quality-oriented and this works in the favor of the traders, therefore we highly recommend this broker.

Get started with your Magnum Options account today!


Author's overall rating:
Author: Mark Watson

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