Open a GTOptions Binary Trading Account Today
GTOptions is a top ranked binary options broker that gives traders an outstanding experience. They have a very simple to understand trading platform and offer many different underlying assets for their clients’ convenience. This broker is a great place for beginners to try their new strategies out, while at the same time, they are a good resource for old hands to improve their trading skills as well. With their advanced traders’ tools and continuing education resources, this is a very versatile site for traders of all abilities to refine their skills.
Getting started in trading binary options is pretty easy with GTOptions. Opening an account is simple. You merely need to input your personal information and your currency of choice.
- You can make your initial deposit of $200 minimum in a number of different ways, including credit card, wire transfer, and a few different types of e-wallets. For a wire transfer, the minimum deposit amount is $300. GTOptions offers a deposit match bonus for many of their clients. This amount can go up as high as $3,000.
- This bonus makes GTOptions stand out amongst its peers and solidifies them as a top broker in the industry. In order to withdraw your bonus cash, you need to trade a minimum of 20 times the bonus amount. This is a fairly low number in the binary options world.
- The minimum deposit amount to get you started is $200. This is a pretty low number within the binary options world, actually, and presents you a very affordable way to get started. For those just beginning in this line of work, a small deposit amount is a good way to start testing the waters of binary options trading.
Trading is the heart of any solid broker. While the bonuses and the payouts are flashy and eye catching, it is the actual trading that keeps clients returning to a broker time and time again. For this reason, the best brokers have a simple and easy to use platform. GTOptions has a similar platform to Banc de Binary (www.bbinary.com) and shares many features with this other broker. If you are familiar with Banc de Binary, the transition should be seamless.
GTOptions offers a wide variety of underlying assets, including commodities, foreign and domestic stocks, indices, and many different currency pairs. This wide variety of asset choice is an extremely important part of your trading as you will want to always be focusing on the assets that will bring in the most money. For this reason, good rates of return are also very important. You can earn up to 90 percent rates on your initial investment on some assets with traditional call/put options. If you venture over to the more exotic options, such as One Touch, you can sometimes earn up to 500 percent returns.
GTOptions offers these types of options, plus Boundary and 60 Second binary options. This wide array of choices is going to be instrumental to the success of a seasoned trader. Anytime you can customize your trading in this manner, you are giving yourself an advantage. The more customizable your trading platform is, the better as this will allow you to pursue unique opportunities that might not otherwise appear. Of course, you want to also have high rates of return. GTOptions does not disappoint in this respect, either.
When it comes time to withdraw your earnings, you want flexibility. If you deposited funds with a credit card, you can get your earnings deposited back into that account. This usually takes a couple days to process. If you want a wire transfer, you can also utilize this option for your withdrawals. Additionally, online e-wallets—such as Moneybookers can be used for processing withdrawals.
You will need to provide some documentation prior to having your withdrawals authorized. You basically need to prove that you are who you say you are to the broker. You will need a government sponsored ID card, proof that you live where you say you live, and if you are using a credit card, you will need a photocopy of both the front and back of the card. These things might seem like a hassle, but they are an industry standard and are for your security.
The minimum withdrawal amount is 100 USD or 100 EUR, depending upon the currency you selected when you opened your account. Credit card transfers are processed free of charge while wire transfers cost $25.
You can do a lot of things with a GTOptions account, the most important part perhaps being the binary options demo account. Demo trading is vital to your long term success as a trader as it allows you to get a feel for the platform so that you will not make simple mistakes when it comes time for real trading.
Also, demo accounts are a key part of developing a workable trading strategy. You want to make sure that you know what you are doing and that your plan will bring you long term success.
The GTOptions demo account comes fully loaded with $50,000 in play money and you can use it for up to 14 days. In the binary options industry, 14 days is quite a long time to keep your demo account active as many other sites only allow you 2 or 3 days at the most. 14 days might not be enough time to put together an elaborate long term strategy, but it is more than enough to get you started.
Bringing it Altogether
GT Options offers a lot of great benefits to traders of all abilities. Whether you are looking for a new bonus, a way to practice a new strategy, or simply want to begin a career trading in this exciting marketplace, GTOptions has a lot to offer you. Take some time and explore their site and other binary brokers. If you have further questions, they do have a support staff ready to help you out. Binary options are relatively new, but with some experience you can quickly become accustomed to the market and start making money in just a few short days.