Grandoption broker review

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GrandOption Broker Review

This broker is closed. Try trading with HighLow instead.

GrandOption is one of the most renowned binary options brokers in the industry. They offer excellent returns on successful trades and provide a fair trading environment for all their customers in addition to an excellent set of features such as third party signals and education library as you will be able to read in GrandOption review. Check out more information in our GrandOption review.

Trading binary options involves substantial risk and may lead to loss of all invested capital.

Conclusion:

We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!

Between 74-89 % of retail investor accounts lose money when trading CFDs

GrandOption Special features

Every trader will have a chance to take part in Grand Option binary trading platform with minimum amounts initially deposited. GrandOption review showed us three kinds of the loyalty programs which offer different services in addition to the standard set of features which includes the access to platform and the binary options products to trade underlying assets in all four major groups. As a special feature, Grand Option secured a dedicated account manager for each trader’s support while trading. All accounts have specials when it comes to withdrawing funds, so for more info check our GrandOption review banking section.

GrandOption Standard Account offers access to the web platform and the video database access. Users will also get regular market updates via the blog site and a 24 h market expert for their own trading support.

GrandOption Superior Account also includes a personal account manager available to help you with any query you might have through the trading process and will also include extra 2% return if it ends in the money, increasing the payouts! But in the out of the money cases you will lose your invested capital. All the features of standard account are also included. We used this in our GrandOption review.

GrandOption VIP Account includes everything previous accounts did and an additional personal training session with a senior account manager. The winning trade with this account will reap additional 4% in payouts which is an excellent way to get even more out of a single trade. But in the out of the money cases you will lose your invested capital.

Grand Option also features the Academy, a subsection of the website exclusively dedicated for the trading success of its traders. GrandOption review indicated advanced users will find the area a bit lacking, more strategy videos would be welcomed by the professional community. However, since Grand Option has a mission to enable access to financial market to everyone, we do understand the focus is on beginners.

Trading binary options involves substantial risk and may lead to loss of all invested capital.

Try trading with an award-winning broker like IQ Option

Between 74-89 % of retail investor accounts lose money when trading CFDs

Become an IQ Option trader today

Join IQ Option and become a trading master! IQ Option is a world-famous regulated broker that takes your trading to the next level. It allows you to trade forex, crypto, stocks, options and much more on its award-winning platform. The best part? You can start trading with a minimum deposit of ONLY $10! Read our IQ Option review.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Trading Education, Free Demo Account!
    Get Your Sing-Up Bonus Now!

  • Binomo
    Binomo

    Good Broker. Only For Experienced Traders!

GrandOption Trading software

The Grand Option review revealed the website is very simple to use. The trading platform is not just some small plugin window but a whole window experience without any distractions. This is really a pro level trading made simple as GrandOption review shows. It doesn’t require installation but it is powerful as any standalone software. The platform is TechFinancials and it is very stable even with multiple trading streams and data movements.

The interface is user focused and presents a full modular website meaning one can move between different windows and setups. There are great navigation tools that help users see everything in one window, without a need to switch between tabs. The platform has comparably good selection of products, mostly focusing on High/Low and 60 second options, but also OneTouch and Boundary.

In GrandOption review, when we traded, we thought the price quote graph is very visible and one can swiftly choose between different investment amounts. One also has a direct overview of the trading history so the account management is much easier than with other brokers where one must go to a different browser window sometimes. All open trades are clearly visible and easily help make the needed account adjustments.

Users can also close trades early if they believe they position will not be at their best interest at the time of expiry. GrandOption review showed this tool acts as a risk management feature that reduces out of money.

GrandOption review reveals good underlying asset list — from currencies (found under “Forex” tab) and indices, stocks and commodities. Forex makes the biggest group reflecting the previous preferences of the management team who spent years in investment bank FX division. There are 25 pairs available for trading. Commodities count 8 assets, among them oil and gold. Stocks count 29 individual companies, but largely focused on US equities. This is why those who want to trade binary options in global markets can trade indices, 16 of them, geographically centered on Asian and Europe.

Trading binary options involves substantial risk and may lead to loss of all invested capital.

If you want to trade with an award-winning licensed broker, we recommended using IQ Option

Between 74-89 % of retail investor accounts lose money when trading CFDs

GrandOption Support information

Last, but not least important feature is the fact that Grand Option is a CySEC regulated broker operating under license number 207/13 and registered by a number of institutions. GrandOption takes measures to retain clients’ funds in a separate bank account from that of the company.

The website also offers access to many webinars, one must contact the indicated emails/phone numbers. FAQs mostly cover the questions not addressed in the rest of the website, we found the usual pages very informative, without too much unnecessary glitter, so the FAQs was just additional info.

As a regulated broker, Grand Option touts its customer satisfaction rates. Their customer support can be reached via phone (only two numbers listed) live chat and e-mail. The email replies we got were very quick, in a matter of minutes actually, we were very pleased by the way our problems were handled and solved.

Trading binary options involves substantial risk and may lead to loss of all invested capital.

Try trading with an award-winning broker like IQ Option

Between 74-89 % of retail investor accounts lose money when trading CFDs

Master the markets with IQ Option

  • Get a FREE $10,000 demo account
  • Start trading with only $10
  • Invest with a licensed and regulated broker

With IQ Option, you will be trading with an award-winning broker recognised and praised by industry experts. Get your IQ Option account today!

Between 74-89 % of retail investor accounts lose money when trading CFDs

GrandOption Payment Methods

As any regulated binary broker, Grand Option ensures a high level of technical operational and fair business practices. The broker also claims that all EU customers, that are not enterprise customers (professional), are protected through an Investor Compensation Fund that Grand Option is a part of. Our contacts for GrandOption review told us all funds are on segregated accounts and there is a formal feedback procedure ensured.

Credit cards such as MasterCard, Visa and Diners are accepted, but also bank wire and e-payment systems. The minimum deposit amount depends on the service. With credit card it is $100/€100 /£100 / ¥10,000 and with e-payment its the same, but some other Skrill/Moneybookers focused “how to’s” on the website state it is $250 or $500. Unfortunately, we didn’t manage to use Skrill to test this in GrandOption review.

In Russia and Turkey, the minimum deposit is $100!

Withdrawals use the same methods unless one is withdrawing profits, then, another vehicle must be used due to AML laws. Processing withdrawal requests take 7 days — it is not the fastest.We grew accustomed to a 2-3 days standard in other broker reviews.

Good news is that there is no minimum amount when withdrawing other than with bank wire, when one must have minimum $100. When withdrawing for the first time there are no fees. With the Superior account we used for GrandOption review, one withdrawal monthly is free while VIP account holders can withdraw as many times as they want without any fees. Fees are 3.5% with credit cards and 2% of the amount with e-payments. When using the bak transfer, withdrawal cost is $30.

We discovered in our GrandOption review that this binary broker is a part of the Rodeler Ltd, registered and headquartered in Cyprus.

Trading binary options involves substantial risk and may lead to loss of all invested capital.

Conclusion:

We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!

  • FREE $10,000 demo account
  • Award-winning trading platform
  • Licensed and regulated broker
Between 74-89 % of retail investor accounts lose money when trading CFDs

GrandOption articles

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GrandOption Broker Review 2020

This broker is closed.

GrandOption does now only offer its service to a select number of international customers but it does have a secondary system called 24 option that is available to a larger worldwide audience. GrandOption still stands as one of the most recognized binary options brokers available in the world. They are known for offering quality returns on successful trades and for hosting an environment which is fair for many different types of users.

GrandOption Review found this broker also has many different features that you can’t find on the average binary options trading platform including a massive educational library and third-party signals which can be set up within the platform.

*GrandOption no longer accepts international customers.

GrandOption Account Features

GrandOption is a platform that has integrated TechFinancials platform. The GrandOption review discovered this broker delivers up to 88% back in a successful trade and they offer several different trading terms including a two-minute, five-minute and 60-second trade as the base platform settings. Stop loss features can also be introduced to help traders eliminate their losses as well as set up the platform to automatically trade or stop trades in the event of poor market conditions.

Due to CySEC’s decision, StockPair no longer provides binary options bonuses!

Several different account type options are available on GrandOption each with their own unique account features. These are how some of the benefits of each account breakdown if you are considering upgrading your membership or depositing a large amount up front:

GrandOption Standard account: standard account at GrandOptions will allow you to access the web platform, the Academy video database and more. With the minimum deposit amount of $250, traders can access the standard account which will provide them with a streaming section of market information and updates through the blog as well as assistance from a 24-hour market expert. This is really just an extra news site that you can access as well as the basic features of the trading platform.

GrandOption Superior account: the superior account option will yield an extra 2% return on trades as well as access to an account manager that can help you with inquiries, assistance in the trading process and favored customer support. The superior account is the most used account for GrandOptions members because it comes with a balance level of choice in features with excellent customer service. You will generally need to deposit at least $1000 to get access to the superior account features.

GrandOption VIP: GrandOption VIP comes with the most features including a personal training session with an expert in binary options trading. Working with a senior account manager to learn more about binary options trading in the entire platform can give you a huge edge with your trades. Winning a trade with the GrandOption VIP account will also ensure that you get up to 4% extra in all of your payouts which can be a powerful tool especially when you are trading in larger amounts. In order to access his level of account, you need to deposit at least $5000 into the trading platform.

Some of the basics of trading on this broker is the minimum deposit of $250, a minimum trade size of $25 and the maximum trade size of $50,000. It inducing a minimum trade size of $25 is significantly higher than the minimum trade size that you may find with other brokers. This can sometimes shy away from many customers that are interested in trading on a small budget.

Due to CySEC’s decision, StockPair no longer provides binary options bonuses!

GrandOption Trading Software

One of the main features that GrandOption offers is the Academy subsection of the website. On the Academy, you can enjoy checking into trading success videos, web tours, advanced strategy improvements as well as ongoing videos that can help you to adjust your strategy and become an advanced user. GrandOption review showed broker welcomes a customer service mission to ensure that options trading can become more accessible to every one of its customers and they seem extremely dedicated to delivering ongoing training resources that are easy to understand and follow.

The user forum section of the Academy is another aspect of the software that can help you to gain some extra insight and experience. The trading community forums to help let you know about new assets, changes to the system and experience a bit of camaraderie with individuals who are also trading on the platform.

The trading platform plugin is a big change to this trading software over some of the other brokers. Unlike a full trading software platform that takes up the whole window of your skin, GrandOption review finds this trading platform takes just a small plug-in window that can create a fair space for you to make trades well reading advice. You can also break apart the window into multiple trading streams so that you could trade multiple assets on the same screen. This unique software feature makes this platform much more competitive and flexible than some of the other trading platforms available.

GrandOption Support Information

Due to CySEC’s decision, StockPair no longer provides binary options bonuses!

As a regulated broker under CySEC GrandOptions needs to present a wealth of assistance and customer service as a part of its institution. GrandOption also takes a number of measures to make sure that clients funds are kept safe and secure and that no personal information is potentially exposed.

The trading platform remains extremely popular throughout Europe and platform and support options are available in Turkish, Russian, Italian and English for some varied international support. While this broker doesn’t have the same level of language support as others, it can offer some decent international support for many customers.

As well as 24-hour customer support in several different languages you can access a wide number of webinars, FAQs, customer service e-mails, phone numbers and live chat support. The overall customer satisfaction rates on GrandOption are quite high when compared to some of the competitors in part of this is because of the licensing and regulations that they are bound by.

Tip: Trade with reputable and regulated brokers on FX-Advisor.

GrandOption Review: Regulation, Payouts, Minimum Deposit and Withdrawal

GrandOption is a trading name of Rodeler Limited

Headquarters: 39 Kolonakiou Street, Frema Plaza, 1st Floor, 4103 Ayios Athanasios, Limassol

Min deposit: €200

Option Types: Hi/Low (Up/Down), 30 seconds, 60 seconds

Assets: Forex, Indices, Stocks, Comodities

Deposit Methods: Credit Card, Skrill, Neteller, Webmoney, CashU, Qiwi, Neosurf, Giropay, Moneta

SAFETY OF FUNDS

100% RETURN ON CERTAIN OPTIONS

PLENTY OF DEPOSIT/WITHDRAWAL METHODS

NO BONUS ON DEPOSIT

Broker Advantages

FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.

XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.

FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.

FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.

FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.

FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.

HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry.

Broker Country Regulation Platform Min Deposit Review
US CFTC, NFA MT4, Web,
in-house
$50 Review Website
US NFA, CFTC MT4 $250 Review Website
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
Australia, Cyprus ASIC, CySEC MT4, MT5, Iress $100 Review Website
Cyprus, Australia CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Australia, Singapore FCA, ASIC, MAS, BaFin MT4, Web,
ProRealTime,
2Dealer
$0 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
UK FCA MT5 $5 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website

Traders` reviews for GrandOption (out of business)

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Trading Education, Free Demo Account!
    Get Your Sing-Up Bonus Now!

  • Binomo
    Binomo

    Good Broker. Only For Experienced Traders!

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