KeyOption is a broker that recently hit my radar and I must say, I wish I had run across them sooner. This binary options broker has been around for a year or two and has quietly been providing top level service and regulated trading. It’s built on the SpotOption platform and has a lot of features but what really sets it apart is another matter and you’ll have to read on to find out why.
Risk Free Trades
The Geek’s Review Of KeyOption
KeyOption is owned and operated by Nuntius Brokerage & Investment Services located at Dragatsanoui 10559, Athens, Greece. Their phone number is 30 210 33 50. The company is a full service brokerage house incorporated in 1991 and regulated by the Hellenic Capital Market Commission. The HCMC is 1 of 2 regulatory bodies governing financial markets in Greece, Nuntius is a regulated stock brokerage firm operating on the Athens stock exchange that has expanded it services to include binary options. The fact that the HCMC is accepting binary options under its regulatory umbrella is another great step forward for binary traders but the subject for another article.
The website isn’t much to look at, at first glance, but the looks aren’t why this broker is so interesting, it’s the regulation and the operations. The platform is SpotOption and comes with most of the features top line SpotOption brokers are know for. Trading include High/Low, Short Term, One Touch, Pairs, 60 Second and Ladders. They don’t have CFD’s, Forex or iFollow but that doesn’t really matter. The asset list if full, over 100, not as many as some but all the important indices, currency pairs, commodities and stocks are there. Expiry is great as well, short term is as low as 60 seconds and expands to intraday and longer term. Long term expiry start at end of tomorrow and go out to end of week, next week, end of the month and out for 6 months on the most heavily traded assets.
Banking At KeyOption
From what I can tell KeyOption has got some of the best banking services of any broker. They accept a wide range of eWallets as well as credit cards and wire transfers, normal, but withdrawals are guaranteed in 48 hours (2 business days) and backed up by HCMC regulation. The minimum deposit is $250 and there are four account levels with VIP, $10,000 minimum, at the top. Standard accounts get 1 risk free trade and are eligible for bonuses up to 50%. VIP accounts get 10 risk free trades per month and 100% deposit bonus.
Bonus terms are pretty easy to live with, not the best but definitely better than most. First, like always, no withdrawals can be made once a bonus is accepted without meeting some turnover requirements. The bonus itself cannot be withdrawn until 40X the bonus has been traded, this about average for the industry. Profits however can be withdrawn after only a 10% turnover has been met, much better than the average broker. Any withdrawal before one of these conditions has been met will negate the bonus and losses will be deducted from your deposit balance. No trades over 50% of the account will count toward you turnover requirements so be warned.
Extras At KeyOption
There are a few extras at KeyOption. First, the platform support Rollover and Early Closure so you can maximize risk/reward outcomes. Other features include a Trading Academy, current market reviews, signals and expanded platform features for VIP’s.