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Grand Option Review

[su_highlight background=”#75b000″]***This Broker is Part of Our Blacklisted Group ****
***Use Caution***[/su_highlight]

What Makes them Different?

The biggest difference that you will notice right away is that Grand Option is extremely user friendly. For example, they have a feature that allows you to monitor more than one trade on a single screen. This cuts down on the hassle of switching back and forth to make sure that everything is doing what it’s supposed to be doing, and it saves you time to spend on things that will help you to generate more profits, such as researching trade. It seems small, but seconds add up and this is a big deal.

Another nice feature is their stop loss feature. It allows you to end a trade at a partial loss before the expiry in some cases. The corollary of this is the take profit feature, where you can end a trade early when it’s in the green and take a partial profit. These are not things you should be using often, but when you do need them, they are extremely nice things to have on your side.

Grand Option has an attractive bonus structure, too. This varies depending upon how much you deposit, and larger accounts will qualify for premium trading accounts, sometimes earning as much as an extra 4 percent per trade. They already have a higher than average rate of return, and this can be the difference in tens of thousands of dollars in profits over the course of a year if you trade often enough.

They also have an extensive section dedicated to advancing your career as a trader. There is an economic calendar right on their homepage, a perfect resource for those traders that like to use fundamental analysis tools with their decision making. Even if you are a short term trader, this is important since fundamental analysis and news trading can be very powerful tool when used at the right moment, even for ultra short trades, since their direction will be slightly more predictable. Now, pair this with their educational Trading Guide, and you have all of the basic tools you need to learn and master new techniques.

The Basics

You need a minimum of $100 to open an account and minimum trades are $25 each. If you wish, you can trade with as much as $20,000 per trade. The average return for a short term trade is about 80 percent, but they do offer high yield trades that go up to 310 percent. If you wish, you can opt to get a lower rate of return and earn back 10 percent on your losing trades in some instances. This is a good choice if you are a little uncertain of the outcome of your trade.

They have about 100 assets to choose from right now, ranging all over the board with Forex pairs, stocks and indices, and commodities. There are not really a lot of different underlying assets to choose from here, but all of the major ones are included. The list is pretty Forex heavy, which is great f you have a background in this market.
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They have a decent selection of timeframes to trade, including 60 second options. They are currently the only broker on the web that allows you to trade this ultra short timeframe. Expiries go up to the end of the month for many assets.

Conclusion

Traders from within the United States are currently not able to trade here, but they are regulated within the European Union and work with a high profile platform: TechFinancials. The broker has a solid reputation despite being fairly new since they are run by the same people that have other high profile broker sites, too. Grand Option is a high quality broker for beginners and pros alike, and they can help you take your trading to the next level.

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